Wednesday, July 31, 2019

City Life Essay

Hello! I have a request for you to give me a feedback on my essay. Thanks in advance. Essay on city life see more:city living vs country living The migration from the countryside to city areas is merely a new phenomenon. This is a historic transformation on a global scale that consists of village culture being rapidly replaced by urban culture. Nowadays more than half of the world’s population lives in the cities. The majority of the people migrate of the better employment opportunities, the medical and educational facilities but there are also other reasons like the fun attractions of city life. City life is far more interesting and appealing to young people than rural life with its theaters, cinemas, night clubs, restaurants, shopping centers, places where you can practice some sport and get a professional to help you out with it and all sorts of other things you can imagine. Nevertheless urban life has its disadvantages too.Those ensue from the fact that inevitably life becomes more and more rapid in the city and that results in the way people act. They walk through life hurriedly without noticing the important things in life that are family and nature. They become more and more distant and loose their way to nature which leads to more and more medical conditions ensued by withdrawing from nature. Life in our cities will become more perturbed in the future. The main problem will be overpopulation therefore the streets will become crowded with people, it will take hours to get anywhere. Even if the traveling issues are solved overpopulation will result in many homeless people because there isn’t enough space for everybody even if skyscrapers are built to the sky. Other than that new technologies will develop even more and make life easier than today. In conclusion city life is very appealing but its developing rates are harmful for man’s survival and future. Future generations will have to solve this problem.

Midterm Intermediate Macroeconomics Essay

1. How are presidential election outcomes related to the performance of the economy? Presidential elections and the economy have a very close relationship and they go together hand and hand. Usually when the economy is good and opinion of the government is positive, the incumbent or the party of the last president wins the election. People tend the lean towards why change a good thing. A couple of theories exist in the relationship of the economy and presidents. The first one is that voters will vote for whichever president they feel shares the same economic vales that they have. Usually the poor vote liberal or for bigger government because they think they will provide more economic relief them and their families. The second theory is that the president currently in power will attempt to pass policies that will allow their party to stay in power. So, presidents on their first term will make monetary and fiscal policies close to the election year to stimulate the economy to sway voters. Two examples of how the economy can sway the presidential election against an incumbent are Hoover and George H.W. Bush. Both presidents had economic downturns during their first term in office and were not reelected. Other factors play key roles in presidential elections, but none are bigger than economics. 2. Discuss the difference between Microeconomics and Macroeconomics. Microeconomics is the study of decision making undertaken by individuals (households) and by business firms. Micro looks at the decisions of individual’s actions, like deciding to work overtime or not. Another example is a small business decision on how much to spend of advertising cost. Micro focuses on the supply and demand in an economy, and how businesses can maximize profits. Macroeconomics is the study of the behavior of the economy as a whole. Macro deals with national items like the unemployment rate, government budget deficit, and money supplied by the FED. Macro deals with aggregates, such as the total output as in the economy. For example, Macro would explore how net exports could affect a nation’s capital. 3. Use the concepts of gross and net investment to distinguish between an economy that has a rising stock of capital and one that has a falling stock of capital. â€Å"In 1933 net private domestic investment was minus $6 billion. This means that in that particular year the economy produced no capital goods at all.† Do you agree? Why or why not? Explain: â€Å"Though net investment can be positive, negative, or zero, it is quite impossible for gross investment to be less than zero.† Gross Investment = Net Investment + Depreciation We can rearrange this to say: Net Investment = Gross Investment – Depreciation The capital stock of an economy rises when net investment is positive, that is when gross investment exceeds depreciation. The capital stock falls when net investment is negative, that is when gross investment is less than depreciation. In 1933 net private domestic investment was minus $6 billion. This does not mean the country produced no capital goods: what it means is that the production of capital goods was less than what was lost due to wear and tear, thus the net impact was an overall loss in capital stock. Gross private investment in most cases cannot be negative, since you can decide not to invest in new factories, but how do you decide to make a negative investment on an economy wide scale. The only possible case I can think of, and many will disagree with this, is when China under Mao went for what is now called the â€Å"Great Leap Forward.† Farmers started melting their ploughs and other equipment to provide steel to the government, thus destroying the existing cap ital, without investing in the new one. Thus you are using your effort to destroy what is there: negative gross investment. 4. What are the major factors that have affected U.S. household consumption since the recession in 2001? Many major events have happened in the country and in the world since the year of 2001. The price of oil has skyrocketed causing more Americans to spend money fueling their cars rather than buying goods and services. We have also encountered another recession in 2007 because of risky trading/investment tactics on Wall Street that caused the housing market to crash. This put unemployment at an all-time high since the depression era, and destroyed faith in America’s economic system. Firms were reluctant to investment in the American public because they were afraid we would lose our jobs. Also, we have fought in two wars. One of the wars has been the longest in American history. This dries up resources and ups government spending. The government has less money to investment its citizens and firms have fewer resources to produce products for consumers to buy. 5. Briefly explain how the following would shift the IS function to the right. a.A change to lump-sum taxation (Specify whether increase or decrease is needed to shift IS curve to the right.) Decreasing a lump sum tax will shift the IS curve to the right. Decreasing the lump sum tax will increase consumer income, which will cause aggregate demand to go up. b.A change to government spending (Specify whether increase or decrease is needed to shift IS curve to the right.) Increasing government spending will shift the IS curve to the right. Increasing government spending will cause aggregate demand to go up, and shift the IS curve to the right. 6. Explain briefly how a change to the following MS, MD, or P (ceteris paribus) would shift the LM function to the right. Include in your discussion whether the variable would have to increase or decrease to cause the rightward LM shift. Discuss which of these the FED exercises control over. a. MS. b. MD (money demand). c. P (price index). The LM curve deals with interest and income and is sloping upward. When the demand of money and supply of money equal each other the market is at equilibrium. The LM curve shifts when either the supply or demand of money changes. The FED has control over money supplied. a. MS. Increasing money supplied would cause the LM curve to shift to the right. Money supplied would drop interest rates and shift the IS curve to right. b. MD. An increase in money demand would cause the LM curve to shift to the right. Consumers are wanting to spend more which raises GDP c. P. Price is the only one out of the three that a decrease is needed to shift the IS curve to the right. When prices go down wages go down and consumers have less to spend. 7. By how much will GDP change if firms increase their investment by $8 billion and the MPC is .80? If the MPC is .67? MPC .80 = 40 billion. The MPC produces a multiplier of 5. (1/(1-.8))=5. 5Ãâ€"8=40 billion MPC .67 = 24 billion. The MPC produces a multiplier of 3.03030. (1/(1-.67))=3.0303. 3.0303Ãâ€"8= 24.2424 billion 8. Suppose that private sector spending is highly sensitive to a change in interest rate. Compare the effectiveness of monetary and fiscal policy in terms of rising and lowering real GDP. A reduction in the national interest rate will increase the GDP because investments will be in a higher demand. If the FED raises interest rates then investments will go down and lower GDP. If the Fed keeps interest rates low like they have the last couple of years in an attempt to stimulate the economy, GDP should go up. 9. Assume that a hypothetical economy with an MPC of .8 is experiencing severe recession. By how much would government spending have to increase to shift the aggregate demand curve rightward by $25 billion? How large a tax cut would be needed to achieve this same increase in aggregate demand? Why the difference? Determine one possible combination of government spending increases and tax decreases that would accomplish this same goal. The MPC is the same as Question 7 so we know that it will give us a spending multiplier of 5. The tax cut multiplier is .8/(1-.8)=4. If we want to shift the aggregate demand curve by 25 billion, you would divide the 25 billion wanted by the multiplier of 5. 25/5= 5 billion. Same formula goes to the tax cut but with a multiplier of 4. 25/4= 6.25. Either way you are trying to put money into consumers’ pockets so they will hopefully spend more. The difference is because of the MPC. Only .8 of the tax cut will be spend by consumers. They will save the other .2. A possible combo is an increase of 1 billion in government spending and a 5 billion dollar tax cut. 10. What are government’s fiscal policy options for ending severe demand-pull inflation? Use the aggregate demand-aggregate supply model to show the impact of these policies on the price level. Which of these fiscal policy options do you think might be favored by a person who wants to preserve the size of government? A person who thinks the public sector is too large. There are several things the government can do. They can reduce government spending or increase taxes; both ways will put money back into the government’s pocket. Either way the key is putting money back into the government’s pocket. The price level will fall when it is flexible downward. The overall goal of government policy is to provide stability and not have price levels raise slowly not rapidly. Also, the do not want to reduce price levels. Democrats want to preserve the size of government. They favor more taxes and more government spending. GOP favors fewer taxes, reducing government spending, and reducing government power over the citizens. 11. Explain why relatively flat as opposite relatively steep labor demand curves are more consistent with the empirical observation that there are relatively minor changes in the real wage rate over the course of the business cycle. If the demand curve is flat then a reduction or an increment in labor demand does not alter the price (the wage is too much). On the other hand, if the demand curve is steep, then an equivalent change in demand has much bigger change in the wage rates. Empirical results suggest that wages are sticky, and the steep labor demand curve cannot explain this observation. 12. Is sustainable long-run equilibrium always reached when the AD and SAS curves intersect? Why or why not? No. The economy would be in a short-run equilibrium when the AD and SAS curves intersect, and not necessarily in long-run equilibrium. It would be in a sustainable long-run equilibrium if the economy finds itself operating on both the labor demand curve and the labor supply curve. This occurs when the labor demand and labor supply curves intersect, so there is no pressure to change. At this point the actual real wage equals the equilibrium real wage and Y = YN. At any other combination of W, P, and Y, the SAS curve will shift as expectations are adjusted. 13. If the equilibrium real wage remains constant, what happens to the nominal wage when the actual inflation rate exceeds the expected inflation rate? Real Wage Rate = Nominal Wage Rate – Inflation. Taking expectations we can say that expected Real Wage Rate = Expected Nominal Wage Rate – Expected Inflation This can be rewritten as expected Real Wage Rate + Expected Inflation = Expected Nominal Wage Rate. If the equilibrium real wage rate remains constant, while inflation exceeds expected inflation then the nominal wage rate has to rise. 14. â€Å"In the steady state, the government benefits from inflation.† Explain. The government benefits from inflation in two ways. First, it obtains an extra source of revenue, called seignorage or the inflation tax. The government can then lower ordinary taxes or increase spending more than it could otherwise. Second, the government may gain if inflation raises the nominal interest rate by less than inflation itself.

Tuesday, July 30, 2019

Life is fair Essay

Many people think that life is not fair, but I totally disagree with them. You need to pay for what’s not fair in your life. In some cases, when people win the big prize money on the lottery, they may have lost some of the most valuable things in their life. Last year, A California man got the big money from the lottery, but subsequently got in a car accident losing his family. Many people think Bill Gates should not be that rich without working hard, but we have to admit that he is very smart. He used his computer knowledge to create the first Operating System that is user friendly to different people in all walks of life, which became good news for the computer industry. His most successful attribute is his business skill. He made the different version of Windows on each year and it mase people follow his operation system upgrades each year. But he needs to spend most of his own time working in his company. Time magazine interviewed him before, and he said that he needs to be in the Microsoft office almost 12 hours every day including the holidays. And he will not waste his money on expensive things such as: car, watch, housing, food, etc†¦.. His life is very simple. He wakes up every 7am and after breakfast, he will be back in the office. I don’t think people like to get rich without any entertainment, but Bill Gates got rich without a rich life. Some people will think some third-world citizens is an example that life is not fair. We should know life is not only a race to get rich in money or possessions. We can chase a simple life and still be rich. Some third-world people may not buy food, but they do grow food by themselves. They will do everything for themselves without relying too much on money. For example: they will make the house, table, chair, food, even the entertainment from their surroundings. The first or second world people will think how to get money every day. Unlike some third-world citizens, they will chase the money for their life. At least, the third-world people can live without money. They will not think they can’t live without money. Nowadays, many people commit suicide over money. But the third-world people seem happier than first or second country people because their life is very simple. They will not think too much on being rich or not rich. Many third-world children don’t even have computers, video games, etc†¦Ã¢â‚¬ ¦ but they still find other sources of entertainment. They don’t have any stress in school to be the have the latest gadgets and cars and be cool. Also, first world children can’t live without electronic gadgets. And, for some, their parents will push their child to be doctor, lawyer, engineer, etc†¦Ã¢â‚¬ ¦. and they will get stressed out or a be unhappy about it. That’s why the life is still fair even if it doesn’t look like it is. You can life without money, but you can be happier than your life with money. In turn, poor people, or poor countries, should be very happy to take out such loans, confident that investment returns are so high that the repayments will not be difficult. I have been to places like South Africa, Kenya and Guatemala and although the people are poor they are so very happy. They might live in tiny houses and live in poverty, but they have a happy home and family even if they don’t have many possessions. I have been to places like Norway, Switzerland and the USA and some of the people are really wealthy. They don’t seem all that happy and some of them are really miserable compared to the poor people. A basic illustration of my point is: if you don’t have money, you can walk. If you have a little money, you can ride the bicycle. If you have more money, you can drive a car. If you are rich, you can hire a driver. In today’s social, many rich people get big money from their parents. Finally, since they are not good with managing their money, they will lose all their whole money. Then they need work harder than most people. All of us know that the weather doesn’t happen without explanations. Sunny warm days and cold freeze nights each have their roots in the laws of nature. These laws are absolutely fair since everywhere in the universe, so far as scientists know; they operate in exactly the same way. The weather in America is caused by the very same forces as the weather in Asia. â€Å"Outside† weather, then, clearly is fair. Not that fair days always greet us when we rise each morning, but in the sense that climate is produced by objective laws of nature which work the same way in every part of the world. We should not only focus on the money. Many people who become rich are not happy. Many feel lonely, stressed, unhappy, etc†¦Ã¢â‚¬ ¦What we should be focusing on is not money but on the quality of life. We cannot bring the money to heaven. Money is only a tool to make our life easy. We cannot say that life is not fair by using money as a standard. Actually, I discussed with my classmate about this and they figured out whether life is fair or not by money. I think that is totally wrong. Some people are working for money, but I am working for my hobby. I am happy work in my job even if I don’t get as much as a CEO. I can learn many different computer skills on my job. I can find my hobby from my job. Some people think they should not get a low rate salary on their job. I think they should rather be interested on their job to make them satisfied. If they are not satisfied, then they think their salary is low. Why should Bill Gates get rich? Because of his interest in the computer, and he put his interest on the business. The main idea is if you don’t love your job, you will never get rich. Many successful people love their job. That’s why I think life is fair. It’s just that most people dislike their job. We think we should focus on how people live. Don’t focus on whether people are rich or not rich. Many people are not happy with much money. They got rich and only focus on expensive things. They don’t know how to live life. Expensive things can’t make true happiness. Life is Fair says this is exactly how life works. But if we are to understand how justice operates in the world, we must first study life’s big picture. We cannot examine life only from the point of view of the material world only.

Monday, July 29, 2019

Evolution and Analysis of The Obama administration's policy lifting Research Paper

Evolution and Analysis of The Obama administration's policy lifting the prohibition of women from serving in combat roles in the - Research Paper Example The excellent roles played by these service women have prompted the congress and the entire military administration to redefine the role of female soldiers in direct ground combat operations. It is worth noting that all these decisions come amid several lawsuits against the Pentagon. Body In one of the lawsuits, women representatives argued that the restriction imposed on them was unconstitutional and was a violation of their rights to protection under the U.S law. There has been a number lifts in bans that earlier took effect within the military. For instance in 1990’s the congress brought to an end the ban on women flying in combat and serving in war ships. In a similar occasion in 2010, the Navy lifted a ban on women serving on war submarines. These changes have enabled women soldiers to participate in wider roles in the military and enhance increased combat experience unlike in the past when unfair combat-exclusion policies were in play. Modern warfare as it is in Afghanis tan and Iraq poses a big challenge to women already serving in combat operations since their services are not officially recognized. This hinders their professional development and access to promotions. The decision to lift the bans is timely and opens opportunity for women soldiers to display their expertise and prowess in warfare on the same capacity as their male counterparts. The decision by President Obama administration fits into the broad spectrum as articulated in the ambitious liberal agenda. While it looked like it was President Obama’s initiative to approve the decision and not the congress, the actual drive and pressure originated from the military itself. In fact, some members of the white house charged with responsibility of reviewing such, decisions did not do so before submitting to the president. It was therefore a joint agreement by the General Chiefs of Staff coupled with the court pressure to eliminate the gender-based barriers within the military. Each of the military branches was to have a full implementation of the policy within six months. According to the opinion of the General Chief of the military, such initiatives should be done once a careful assessment of the possible implications on the ongoing warfare in Iraq and Afghanistan had fully been assessed to avoid sacrificing the trust of the American people as well as the military success. According to the General Chiefs of Staff, such changes could negatively affect the success of war in Afghanistan and Iraq. It is worth noting that these actions had to take place after several years of examination only to be hurried up when the Afghanistan war is at its helm. One could think that it is because of the rising pressure from the high profiled lawsuits, in November 2012, by the American Civil Liberties Union against pentagon on behalf of service women. According to them, leadership positions for service women did not exist within the force and therefore rewarding women heroes had suffered a big blow for a number of years. Citing a case, an Air National Guard helicopter pilot failed to receive combat leadership position after being wounded badly in war simply because the Department of Defense did not officially acknowledge the existence of leadership position for women. Under the U.S law, the General Chief

Sunday, July 28, 2019

Interview Case Study Example | Topics and Well Written Essays - 750 words

Interview - Case Study Example on suffering mental illness; a summary of the findings and concise note using the subjective, objective, assessment, and plan (SOAP) format with each patients encountered findings. The essay also provides some examples to support the findings. First, Psychiatric history: this refers to the mental profile of the patient. It involves critical information about the patient’s chief complaint, their present illness, any psychological ailments they have made before or in the onset as well as after the mental illness (Hughes, & Kleespies, 2002). In this stage, more specific and closed ended questions could be asked during the assessment process so that the details of the patient’s illness or rather their profiles can be obtained. For instance, a patient who responds that, â€Å"I am just depressed.† Can be engaged further in questing through asking leading questions like, how long has the depression been? How often has the situation been? Or how long has this taken? Questions as such enable an in-depth understanding of the patient thus enabling a good history assessment of the mentally ill patient. Secondly: medical history of the patient. This is medically understood as the patient’s past and evens the present and future that may communicate information relevant for their future, present and past health (Hughes, & Kleespies, 2002). It is an account of all the medical problems and events that an individual has experienced. It also includes other medical facts and treatments or injuries that an individual has been through. As much as possible, they are taken in the patient’s own words. The drugs taken, past and present hobbies use of alcoholics as well as an exhaustive survey of any symptoms that may not have been covered in the patient. This medical history is an important part of the health assessment of a patient with mental illness. The 41 year old woman complaining of restlessness, little need for sleep, racing thoughts, inability to concentrate, alcohol

Saturday, July 27, 2019

Green IT for Services Research Paper Example | Topics and Well Written Essays - 750 words

Green IT for Services - Research Paper Example Description of these reasons is an important part of this paper. It contains the present situation of the process of making IT green. It talks about the Green IT products that are already on the market. Furthermore, it also talks about the major IT companies that are spending significant volume of resources in making IT green by developing Green IT products. In addition to these, this paper includes the future of Green IT. It can be predicted that over the next few years, a lot of efforts will be made in making IT greener and this will certainly change the outlook for the industry. Information Technology (IT), in the present global society, acts as the ‘central nervous system’ for the business organizations, governments as well as for the social infrastructures. Global communities are connected with each other by means of IT. Today business organizations are ‘Going Green’ as the societies have become more conscious about the environment which is under tremen dous pressure due to massive modernization, industrialization and irresponsible deforestation throughout the world over the past few decades. ... Uncontrolled consumption of electricity puts huge pressure on the financial capacity of an organization. Such practices actually make the entire system an unsustainable one (Baroudi et al, 2009). Furthermore, in order to meet the growing demand for electricity more power plants would be in need and this would ultimately threaten the environment. Hence, it is very important to make IT green. There is hardly any general definition of ‘Green IT’. According to Gary Hird, Green IT can be seen as the collection of tactical as well as strategic initiatives that directly trims down the organizations’ carbon footprint and/or that use information technologies for reducing carbon footprint and/or that incentivize the ‘greener behavior’ by the stakeholders of the organizations (Hird, 2008). During the last few years â €˜Green IT’ has been a popular subject of research for the organizations like IBM, Sun Microsystems, and Cisco etc. These large multinational IT firms have already started to develop products which are more energy efficient and environment-friendly. There are organizations like Green Grid that assists the global IT industry in addressing the issue of energy use (Baroudi et al, 2009). It is important to notice that IT has an inherent ‘Green aspect’. Information technologies deal with data which is a nonpolluting entity. They enable virtual client visits and virtual meetings which require relatively less energy. However, the volume of consumption varies with the nature of the industry. For instance, IT in case of airline industry consumes significantly more energy as compared to other industries (Baroudi et al, 2009).  Ã‚  

Friday, July 26, 2019

Dietary analysis project Assignment Example | Topics and Well Written Essays - 1000 words

Dietary analysis project - Assignment Example For example, an oz equivalent of Grains is a 1 slice of bread, or 1/2 cup of rice. An oz equivalent of Protein Foods 1 oz of meat, 1 egg, or 1/4 cup cooked beans. According to the BMI report as provided, I have a BMI of 19.1. This is an implication that my body weight is normal and hence I should strive to maintain the weight by eating a balanced diet and engaging in physical activities. According to the calorie assessment report, I need to intake 2031 calories in order to maintain my current weight. However, my current intake is below the goal. My current average calorie intake is 1065. This implies that I am bound to lose more weight if I maintain my current eating patterns (Veitch 87). There are nutrients that are still deficient and others in excess in the revised diet. The significant nutrients that are still deficient in the revised diet are Calories from saturated Fat and dietary fiber. Perhaps I was unable to get dietary fiber because I did not include foods rich in fiber. In addition, the foods that I included in the revised diet were not fatty and hence the deficiency of fat as noted in the revised diet. On the contrary, the revised diet also had some nutrients in excess. These included proteins, Vitamin B3 - Niacin (mg), Vitamin B12 (mcg), Phosphorus (mg), Vitamin C and Zinc. These statistics came about as a result of the meat, chicken and turkey sausages that I included in the revised diet as having been taking in only one day. Their quantities also contributed to the excess levels of proteins as noted in the bar graph report for the revised diet. As noted in the bar graph report for my diet on that day, I am a poor observant of a balanced diet and for this reason I need to implement corrective measures in order to improve my eating patterns and food types (Veitch 46). It is through this that I will be in a position to not only stay healthy but also maintain my body weight as recommended from the BMI report. As a result, I will take certain

Thursday, July 25, 2019

ITM501 MoD 1 SLPMgt Infor & Bus Strategy Essay Example | Topics and Well Written Essays - 750 words

ITM501 MoD 1 SLPMgt Infor & Bus Strategy - Essay Example The Mozilla Firefox provides numerous features that are convenient for every Internet user. Many prefer this web browser to others because it is fast and makes surfing more convenient with the Google toolbar. With this, one can open different tabs, thus, being in a better position to collect some adequate information on a subject. When tabs are closed, the Mozilla Firefox offers an opportunity to retrieve the history and restore it back. The Mozilla Firefox creates a strong platform for users to restore the last session and all the closed tabs even when systems crash. In the 21st century, this web browser provides a built spell checker to correct texts and email automatically. Firefox has many features such as a phishing detector, a sandbox security model, and a tool option to clear all the private information or data. These features are designed to boost security especially on a private site used in the workplace. Still, some people prefer using this web browser when using social ne tworking sites such as Twitter or Facebook. Sea Monkey is a free Web browser, which some users prefer in today’s society. Although the web browser is not commonly used, there are some features that attract a small segment of people. These features include the high support of multiple accounts, message filters, junk mail, a dictionary, customized labels, and an address book. These features help one to multitask and correct grammar mistakes. Still, this web browser is the most convenient because one can document some notes or memo while still searching for information in the Internet. Many prefer this web browser since it supports basic text styling and text formatting, insertion of images and hyperlinks, and creation of tables. Since this browser is built on the code of Mozilla’s sources, its Internet browser benefits most from the Mozilla security functions. This browser safeguards online threats such as root kits, fraudulent phishing websites, and viruses. One can als o update new security updates from the Sea Monkey site. This web browser is easy to install, access, and utilize (Lemay & Colburn, 2011). Opera Web Browser is a known browser established by Opera Software with over a million users across the globe. This browser handles common Internet tasks such as interpreting HTML and Web Sites. This browser uses a new interface that offers a device a sleek and modern appearance, which attracts many users to utilize it. The most important thing about this browser is that it saves money of data charges because Opera Mini utilizes a fraction of the data utilized by other browsers. It is an ultimate browser because it has the ability to delete private data just like other web browsers such as Mozilla. The most appealing and attractive features include page zooming, tabbed browsing, mouse gestures, and an integrated download manager. When a computer crashes, the user is in a better position to retrieve the tabs that were running. With this, this brows er is appealing to many as it offers a great opportunity to enjoy the benefits offered by other browsers that are commonly used in today’s society such as Mozilla Firefox. So, the common similarities of these browsers include the following: they all can retrieve the lost data and history, thus giving the user an easy opportunity to restore and access the lost information. Secondly, the three browsers can delete private da

What anti-smoking ordinances are in effect in your community Assignment

What anti-smoking ordinances are in effect in your community - Assignment Example The smoking ordinances in our community define smoking as the smoking of tobacco including cigarettes, and all other products related to tobacco. Prohibition of tobacco products is therefore prohibited in places of accommodation and entertainment, places of work, public places, parks and buildings, public vehicles and any other means of public transport, social areas such as bars and restaurants. The ordinances allow the involved parties to put up posters restricting smoking in these places. The smoking ordinances however define the allowed smoking areas in commercial and business places where smoking is allowed. These places are designed to be away from other people. Smokers can therefore visit these places and smoke without any fines being imposed on them. The anti –smoking force further allow the people who serve at these places to act as their supervisors and report any persons who are found smoking in these areas. The school in addition has rules and regulations that prohibit smoking around the campus. These rules prevent people from smoking around the campus area and impose a fine to those that are found smoking. The effectiveness of the rule is ensured by putting up posters that indicate that people are not allowed to smoke. The rule has been effective with many people having to pay the fines due to smoking. Others have learned from the experience of those that have already paid the fines and thus are able to refrain from smoking. The main advantage attained in support of the regulation is the health benefit that arises from absence of smoking (Mitchell 202). These are instances such as a notable decline in the levels of harmful compounds in the air, resulting to reduction in the levels of air pollution which in turn has resulted to significant reduction in heart attack levels. Cases of respiratory problems as

Wednesday, July 24, 2019

In God We Trust as U.S. Motto Essay Example | Topics and Well Written Essays - 1750 words

In God We Trust as U.S. Motto - Essay Example So, who is that "God Americans trust" And the word "trust", why not in God Americans believe or to God they aspire or to God they pray No Holy book has the word in God we trust And why the masons call god the grand architect God is the creator not only the architect, the architect does not create, make or touch anything except his instruction pencil, but God said in the Koran: So, God is not only architect, but He is the Creator of whole humanity, and the whole thing else (Adel, 2004, p. 57). So, why they say the majestic designer If they didn't mean supernatural being, then whom are they complaining or talking about What is the drawing of this majestic designer How his design does look like So, who is the architect of the seal, and the U.S. one-dollar There have been two notable developments since World War II, both of which are gaps between "what everybody knows" and what in fact the case is. One is that religious learning, which traditionally has been a sectarian study of Christianity-centered in the seminaries of different values, has moved to the universities. U.S. citizens remain largely unaware of the secular scholarship of religious conviction (Judith, 1996). This gap has very real results and consequences, for instance in deciding public policy issues such as women's choice2 - when does a fetus have a 'soul' And become a 'person' - stem cell research, and the study of evolution in public schools (Judith, 1996). The other worth mentioning development is the hotheaded expansion of Eastern religious faiths in the U.S. Conservative estimates of the growth of Buddhism suggest a ten-fold increase in the last 40 years, to approximately two million supporters (Lewis, 2007). That is about half the number of Muslims and a third the number of Jews in America, in just 40 years (Samuel 1998, p. 65). Who, immediately after World War II, would have guessed there would be a major Buddhist center, Deer Park, in rural Oregon, W I, a few miles from Madison, W I and one of the American headquarters of the Dalai Lama (Lewis, 2007) A similar story could be told about the number of Hindus and Taoists in the U.S. since World War II. This gap between religious diversity and whatever everyone knows leads to both funniest stories and unnecessary conflicts (Lewis 2007). This image of "a wall of separation between church and state" has become a classic metaphor and legal concept in American judicial history, but the reality is far more complicated and compromised. As Ronald Thiemann examines with no small biting wit, "The day Justice Black penned those historic words; the U.S. Court of Law was summoned with the chant, 'God save this honorable court'" (Robert, 2006, p. 25). A few hundred yards

Tuesday, July 23, 2019

Trading and Technical Analysis Assignment Example | Topics and Well Written Essays - 500 words

Trading and Technical Analysis - Assignment Example The assignment "Trading and Technical Analysis" discusses the concept of technical analysis which involves the analysis of the market to understand the various factors causing changes in the prices. When making purchases in trading deposits must be made in full amount before a transaction can be completed. Additional funds can, however, be added if the presented funds are not enough for the transaction. Additional fund a must be added within seven days of the trading period. Amounts deposited after the trading period cannot be accepted in undertaking the transaction. Uniform comparison refers to the comparison of markets through the utilization of fundamental and technical analyses. This involves the utilization of similar data in making financial decisions. Technical analysis enables an individual to make purchasing decisions while the long-term investment decisions are made through the application of fundamental economic analysis. A DK notice describes a terminology utilized by traders in describing a comparison of confirmation of transactions. This notice is sent to a party when one party receives a confirmation which it does not recognize. This notice is commonly utilized by the party with insufficient information in seeking to be provided with the information. The notice is settled by the provision of the requested information. The Moving Average Convergence/Divergence (MACD) refers to an indicator of technical analysis utilized in determining various elements defining the trend of market prices.

Monday, July 22, 2019

Emotion as Mediators Analytical Tool and Hurdle Essay Example for Free

Emotion as Mediators Analytical Tool and Hurdle Essay Emotion is often associated with feeling expressed in any situation at any given time an individual may encounter. â€Å"In psychology it signifies a reaction involving certain physiological changes, such as an accelerated or retarded pulse rate, the diminished or increased activities of certain glands, or a change in body temperature, which stimulate the individual, or some component part of his or her body, to further activity† (Microsoft ® Encarta ®, 2007). It is very peculiar for a person not to show any reaction to circumstances especially when provoked by another person he is in conflict with. In this light, the role of a mediator is very important in bridging the gap between parties in conflict to find a common ground that possibly move toward a resolution. This paper will discuss the vital role of emotion in conflicts. Considering that emotion is the center of creation and nature of conflict, the probability of managing conflicts may be influenced by emotion as well. The book Meditating Dangerously tells that â€Å"The ostensible purpose of mediation is to ameliorate danger, pacify hurt feelings, and create safe spaces within which dialogue can replace debate, where interest-based negotiation can substitute for a struggle for power† (p. 3). A challenge is laid on my table, to be able to answer how much emotion can only surface to make any progress in the case? How does a mediator controls his emotion over the case? Background of the study It was on 11th of April, 2008 when I first went solo as a mediator. Prior to my case was my friend Diego working on his case between a tenant demanding from her landlord. It was a messy case, but the point to me was how hard it was to manage the raucous lady. She kept screaming and interrupting the landlord and the mediator with her suffered pain with her grievance. It was to the point where we had a security coming in from other room to tell us to calm things down because there was a trial going in our adjacent room. Still she did not cooperate. Having to observe Diego went through a very hard time over his case with the uncontrollable lady and her landlord, the sense of trepidation that I felt had challenged me. I needed to manage my own case without having to go through the same traumatic experience. When my turn came, I had to face five ladies – three plaintiffs and two defendants. I laid out the general rule of explaining mediation as a voluntary process and the bound to confidentiality, etc. I wanted to make sure that my case will not go mishandled. Also, I wanted to assure myself and the parties involved that we are there to solve not a screaming spar like the previous case. During the debriefing with Professor Joshua Jack, he asked why did I say ‘respect’ and ‘no yelling’? By laying the ground rules in the beginning, did I hinder the parties’ true feelings to come out? Professor Jack gave further comments on my case: â€Å"Parties in conflict very often come into the mediation with strong senses of victimization, self righteousness, mistrust, and other negative judgments of one another. If a person thinks that the other is a liar and cheater both in this situation and generally, can they express this honest perspective and still be within the bounds of our rule? It is my view that, if we have any hope of facilitating any real transformation, we have to allow parties to express their true, even if ugly, perspectives. † If we tell people to be nice, they will sometimes accommodate us, but by squelching the expression of the true depth and magnitude of their experience and perception, we also squelch the potential for real transformation and resolution. † According to Bowling and Hoffman (2003), â€Å"The most direct and obvious impact that the mediator has on the mediation process comes from the techniques he or she uses to influence the course of negotiations. These interventions, based on the mediator’s assessment of the obstacles to settlement, might involve giving the parties an opportunity to vent emotional reactions to the dispute, encouraging the parties to focus on interests rather than positions, or helping the parties generate options for settlement† (p. 19). With all due respect to Professor Jack, I know he is a great and experienced mediator. However, as a new mediator, the first thing I want to do is to make sure I have the case in control with confidence. By saying respect, I gave the parties the notion that we are to discuss the dispute, and find a solution as educated people. With the said experience, Professor Jeanne Cleary gave her comments as well: â€Å"Tricky issue, how much control to start out with, based on past experience and with the understanding that the folks in front of you are new and not the past case. You will find your balanced style with this – between too much control that may stifle what’s really going on for them (which will most always include feelings) and too little control (which will be unproductive for folks to hear each other). Keep at developing your sense of that balance as you continue. † Emotional Intelligence as a Tool for Mediators It is not as strange as it may sound to mindfully express emotion with dignity still intact. Emotional intelligence, defined by Salovey and Mayer (1990) in their Ability Model as â€Å"the ability to identify, use, understand, and manage emotions† is very helpful for a mediator in handling mediation between two clashing parties to surface the emotion and be adept at bringing out the feelings from the parties while remaining impartial. Caruso and Salovey (2004) expounded this model as four key emotional skills in Table 1. In this manner, Goleman’s (1998) (as cited in Johnson, Levine, and Richard, 2003) definition of emotional intelligence (EQ) â€Å"as the capacity for recognizing our own feelings and those of others, for motivating ourselves, and for managing emotions well in ourselves and in our relationships† (p. 317) was able to strengthen the argument of emotional intelligence as a tool for mediators. According to Johnson et al. (2003), â€Å"Allowing emotion to emerge in a mediation, however requires a mediator with a high degree of emotional intelligence †¦ improving one’s emotional intelligence is an essential development path for mediators. As EQ improves, a mediator becomes more comfortable with his or her ability to manage an emotional process successfully† (p. 155). Johnson et al. (2003) were also sharp by saying the essence of developing emotional intelligence because â€Å"Absent the ability to deal with emotions, the true power of mediation is lost. Absent the ability to create space for parties to express difficult emotions, it is unlikely that any resolution reached will last† (p. 164).

Sunday, July 21, 2019

Economic Impact Of Technology Interventions Streptokinase Economics Essay

Economic Impact Of Technology Interventions Streptokinase Economics Essay About 14 million patients in India suffer from heart attacks every year. Of these, 2.8 million patients can benefit from a clot buster drug which would save the patients life and provide room for further treatment such as medical stents if so required. Coronary heart disease claims over a million lives every year in India. There is a need for a safe and affordable clot buster drug. At the turn of the century, clot buster drug formulations were either imported or based on imported bulk drug and formulated domestically. They were expensive, equivalent to eighteen months (tPA) to two months (Streptokinase) of per capita income at that time. Cost matters more in India unlike in countries with universal health insurance as most Indians spend out of own pocket for health expenses. Given Indias prowess in generic drugs, the production capacity gap in an area of health emergency with severe consequences seems an anomaly. The gap stems from the fact that clot buster drugs are biotechnology dr ugs which require competencies quite different from those of the usual drugs based on chemical synthesis. CSIR-IMTECH, Chandigarh made efforts to develop a process to produce clot buster drugs. Initial efforts were unsuccessful, in part due to the complex nature of the animal sources based protein drug. Subsequent teams picked up the challenge again, chose a simpler molecule and after some misses, could develop a process for natural streptokinase and then recombinant streptokinase, both harnessed from micro-organisms. The misses were important steps providing crucial learning for the process development. Streptokinase technology was transferred to industry partners, natural Streptokinase to Cadila Pharma and recombinant Streptokinase to Shasun Pharma. Implementing the technology on the shopfloor faced difficulties. In the case of recombinant streptokinase, regulatory approvals took time to obtain. The knowing-doing gap was bridged by closing the competency gap through sustained engagement between the CSIR-IMTECH scientists and the managers and technology staff of the licensees. Persevera nce, team perseverance, allowing mistakes, dynamic learning from disciplined failure, give-and-take by both the scientists team and the industrial practitioners team, and a can-do, must-do, done mind-set were the keys to success. Leadership steering at both the Lab and the Industry with a commitment to collaborate and continual collaborating was crucial. This led the transition from the lab scale to industrial scale. The respective products were launched in 2001 and 2009. The results are quite encouraging. Prices have dropped (by 65 percent, to less than one month of per capita income), availability has increased, access to a life-saving medicine has risen, and patients have realized a worth of over Rs. 16,000 crores due to the CSIR-IMTECH/licensees Streptokinase. The economic impact, or the additional benefit that would be lost if this CSIR-IMTECH Streptokinase technology intervention had not been there, is assessed based on medical impact of Streptokinase and using per capita income to be Rs. 2180 crores. The Lab itself accomplished net earnings valued at Rs.1.8 crores and the Industry partners together realized value addition of Rs. 17 crores. Innovating for affordable healthcare is inclusive innovation. The benefits to patients eclipse the benefits to those who generated the technology intervention. This pursuit of innovation continues. CSIR-IMTECH has taken the science of clot-buster drugs to a level where improved Streptokinase (smarter streptokinase) molecules will have the advantages of the far more expensive animal cell line based tPA but will be much more affordable. Similarly, while access has expanded (about 120,000 standard doses), there remain millions of patients in need of this life-saving drug. More needs to be done. Introduction Heart attacks, strokes, respiratory and cardiac failure have a common enemy in blood clots in the bloodstream that can block blood supply to the heart muscle, any part of the brain or the lungs. The consequence of blockage is damage to the heart muscle, the brain cells, or the lung tissue which is usually irreversible and debilitating, if not fatal. Extreme consequences can arise if the treatment is not administered within a window of few hours (3-4.5 hours, Klabunde (2007), Hacke et. al. (2008)). Then, the heart or brain tissue, as the case may be, gets damaged which is mostly irreversible. Treatments range from clot-dissolving medication to surgical intervention such as angioplasty or insertion of stents and open chest bypass surgery. Clot busters, as clot dissolving drugs are called, attack the clot itself to dissolve it and restore blood supply. Angioplasty is an invasive and expensive procedure where blocked arteries are opened up using medical stents thus making more space for the blood supply to be restored. Similarly, bypass surgery is invasive and very expensive (see appendix 1). Prevention in high-risk patients (hardened and narrowed/blocked arteries) is via blood thinner drugs that reduce blood density allowing blood to flow through the reduced space. Despite preventive treatment, clots can form and occlusion in blood vessels can occur. Then, clot buster drugs are life saviours. In India, more than a million patients die due to coronary heart disease every year (appendix 1). Until the year 2001, no domestic production of clot-busters existed. The formulations were imported: among others, the lead formulations of Streptokinase Kabinase by Kabi Pharmacia, Sweden and Streptase by Hoechst Marion Roussel, Germany were priced then between Rs. 3000 to Rs. 4000 per vial (Krishnan (2000)). The dominant drug in this class of drugs, Tissue Plasminogen Asctivator (tPA) cost more than Rs. 30,000 per vial. Thus, clot buster drugs were expensive and the supply was short of requirement. In terms of per capita income at that time, this amounted to eighteen months of income for tPA and about two months of income for Streptokinase. The Streptokinase market was about 21 thousand vials of standard dose of 1.5 miu  [1]  . Lack of affordability could have restricted access. Given Indian pharmaceutical industrys prowess in generic drugs, realized through strengths in organic chemicals synthesis and process engineering, this raises the question about the obstacles. The Indian pharmaceutical industry was essentially based on chemical entities whereas clot buster drugs are based on biotechnology  [2]  which was almost non-existent in India around the turn of the century. Thus, access to affordable life-saving clot buster drugs was limited domestically. To make it affordable, it had to be produced domestically. To produce it domestically, a suitable technology had to be developed. The technology had then to be transitioned from a laboratory scale to an industrial scale. As in the case of affordable chemical drugs, the impetus of finding solutions and creating domestic capacity also came from CSIR Labs. In the case of generic chemical drugs, the core scientists came from Labs such as the NCL, Pune, IICT, Hyderabad and CDRI, Lucknow. These scientists and their industry contemporaries developed and implemented safe and cost effective technologies in a short time span. In the case of biotechnology, processes are being developed by IMTECH, Chandigarh and IICB, Kolkata among others. A program at IMTECH tapped into finding a solution to the problem of an affordable clot buster drug. The program has roots in projects dating back to 1989. The scientists examined the prevalent clot buster drug tissue Plasminogen Activator (tPA) but then chose instead an alternate less complex protein Streptokinase for development. This study examines the benefits realized from the Streptokinase project, specifically, the natural Streptokinase biotechnology drug licensed to Cadila Pharma and the recombinant Streptokinase drug technology licensed to Shasun Pharma Limited, to quantify the value creation and to assess the economic impact. The Industry The Indian pharmaceutical industry is among the top science based industries and focused on quality affordable drugs. It is estimated to be USD 21 billion or about Rs. 105,000 crores with exports accounting for about 40 percent (USD 8.7 billion) in 2009-10 (DOP (2011, 2012)). The industry is growing at over 10 percent per year. It is the sixth largest industry in India ranked by contribution to GDP (CSO (2011)). Globally, it ranks 3rd in terms of volume of production (10 percent of global share) and 14th largest in terms of value (1.5 percent of global share). A reason for the low value share is the lower cost of drugs in India 5 to 50 percent less than in developed countries. Thus, the Indian drugs and pharmaceutical industry is focused on affordable drugs. The Indian pharmaceutical industry is diverse. The number of units is quoted at over 20,000. However, the actual number of drug manufacturing licenses issued is about 5877 (GOI (2003))  [3]  . Registered factories are about 3500 (CSO (2011)), the rest being smaller unregistered units. The units are spread across India and provide depth that accounts for the 10 percent global volume share. Apart from MNCs such as Glaxo Smithkline, Pfizer, Astra Zeneca, several Indian companies Ranbaxy, Dr. Reddys, Cipla, Lupin and others have global operations. Biotechnology based drugs have taken root and are growing. Companies such as Biocon, Serum Institute of India, Panacea Biotec, and Reliance Life Sciences have adopted biotechnology. The biotechnology industry value exceeds Rs. 20,000 crores in 2011-12 (BioSpectrum-ABLE Biotech Survey 2012). Many Indian companies maintain the highest standards in purity, stability and international safety, health and environmental protection in production and supply of bulk drugs to buyer companies, who in turn are subject to stringent assessment by regulatory authorities in importing countries. These companies have secured regulatory approvals from USFDA, MHRA-UK, TGA-Australia, MCC-South Africa for their plants. Quality with certification is also a feature among many Indian pharmaceutical companies. During the last decade, the industry has embraced new technologies and adapted to regulatory regimes more aligned to international regulatory regimes. New business models have emerged to cope with and thrive in this environment. All of these have a bearing on the development of a domestic clot buster drug, namely, Streptokinase. With the advent of product patents in India from the 2005 amendment to the Patents Act, the focus has shifted from process engineering to drug discovery. Process engineering remains important. Several drugs will go off patent over the next few years and supply of cost effective quality generics would benefit the industry and the consumers. However, drug discovery is the new mantra. Drug discovery is a highly uncertain multi-million multi-year activity. For every one new drug molecule approved, the pipeline requires about twelve molecules for clinical trials candidacy. For every molecule reaching clinical candidacy, the pipeline of molecules is three molecules based on current success rates at each stage. The total costs spiral to over USD 600  [4]  million per new drug molecule in the USA over a span of a decade. Patent protection allows recovery of the investment but also makes the drug expensive. In India, the cost per new drug molecule can drop to less than USD 150 million due to lower costs (such as those of clinical trials). This lower cost is encouraging Indian drug enterprises to engage in drug discovery as they adapt to the product regime. However, even at the reduced cost in India, the drug would still be expensive and out of reach of many Indians. Drugs capacity building in India appears to be addressing reduction in costs and so also in the time span for drug discovery. Specialization along the chain of drug discovery via outsourcing is one emerging business model. Thus, RD is being shaped by Contract Research Organizations (CROs), Drug Discovery Development (DDD) and Clinical Trials Organizations (CTO). Manufacturing is by large integrated companies as also by Contract Manufacturers. Marketing is also by Contract Marketers and co-marketing alliances (IBEF (2010), KPMG (2006)). While regulatory changes may be the trigger for drug discovery, demand for drugs for Indian diseases is also an impetus. Chief among these are drugs for infective diseases found in India but not much in developed countries such as tuberculosis, malaria, typhoid, cholera etc. These diseases are far more prevalent in developing countries such as India where affordability is a key issue. Profits from patented multi-billion drug molecules will be tough to realize for these diseases. Thus, effective new molecules for these diseases would have to be developed within India. A major initiative underway in this regard is the Open Source Drug Discovery (OSDD) project of CSIR which seeks to harness talent across boundaries, cutting costs and hopes to reduce drug discovery time. It is open source and thus drug molecules found will be distributed without the higher price due to profits associated with patents. Costs will be cut down to the collaborative nature of the initiative. Incentives to col laborators are based on contributing to drug discovery for debilitating diseases and the recognition among peers. Also important are drugs for the so called lifestyle diseases such as diabetes (about 50 million diabetics in India as per Ramachandran et. al. (2010)) and hypertension (65 million hypertension patients in India as per Gupta (2004)), both high risk factors for emergencies such as heart attacks, strokes and respiratory failure. India is estimated to have about 14 million patients that suffer from myocardial infarction or heart attacks every year, of which 80 percent patients may not be receiving proper medical care (Financial Express (2002)). About 20 percent (2.8 million) of the cardiac patients population in India could use a clot buster drug. Only a fraction (about 200, 000 or under 10 percent) of these patients undergo bypass surgeries or angioplasty. The rest of the patients (2.6 million) could be treated with clot buster drugs administered within a window of 3-4.5 hours to the patient. Recall that there are over a million deaths every year due to coronary heart disease in India. With a growing number of diabetes and hypertension patients in India, and so increasing chances of blood vessel occlusion related deaths, having access to an affordable clot buster drug is going to be increasingly more important. An added advantage is the possibility of exports of these drugs since the diseases addressed are prevalent globally. The Technology Gap, Development and Commercialization A domestic clot buster drug was missing, as discussed earlier. The choice among three prevalent drugs narrowed to Streptokinase. Streptokinase is a 47kD  [5]  protein composed of 414 amino acids produced by several strains of beta hemolytic streptococci. It dissolves a clot occluding blood supply through a 3-step process. First, Streptokinase forms a complex with plasminogen (Pg). This 1:1 complex (the Partner Pg) rapidly becomes proteolytically active. Second, the Partner Pg complex acts on substrate Pg molecules in circulation to convert them to plasmin (Pn), the active form of the pro-enzyme Pg. Plasmin is a protease that is capable of breaking apart cross-links between fibrin molecules, which provide the structural integrity of blood clots. So, third, the plasmin rapidly dissolves the pathological clot occluding blood supply to the heart muscle in case of myocardial infarction, to brain tissue in case of stroke or to the lungs in case of respiratory failure. The Lab, Research Capacity and Technology Development Technology development has been enabled by science research and ongoing (and predecessor) projects at CSIR-IMTECH. The focus is science and technology related to microbial products. A key area is recombinant gene technology based products. One initiative relates to developing a domestic clot buster drug. The initial attempt in late 1980s focused on the prevalent drug tissue Plasminogen Activator (tPA) which is naturally found in the human body in small quantities. Through recombinant gene technology, a pioneer of the field, Professor Collen and his organization Genentech USA produced tPA from animal cell lines in the early 1980s. Attempts to replicate tPA production in IMTECH did not fructify partly due to the volatile external environment prevalent at that time and so the lack of enough scientists to execute the task. During the early 1990s, subsequently, another team of scientists at IMTECH chose an alternative to tPA, namely, Streptokinase for development due to its simpler structure and higher probability of success in developing a novel process for domestic production. The process involved two key competencies protein science and cloning science among others. Technical problems arose again in implementing the recombinant gene technology. The scientists decided to down-shift to developing a process for producing Streptokinase from natural sources. It involves two main processes fermentation (protein production) and purification (separating the protein from the broth, purified to an extent that it is admissible to humans). This effort was successful lending both credibility to the process and boosting the morale of the scientists concerned. The first success helped to delineate the tasks possible from the tasks not possible (appendix 2). This paved the way for producing Streptokinase using re combinant gene technology increasing yield many times over. The key process innovation was the use of 2-step chromatography for purification. Leadership Throughout the years of development spanning 1989 onward, the scientists at CSIR-IMTECH were supported by the science leadership and management comprising four different institute directors and two different director-generals  [6]  . Leadership and institutional continuity combined with scientific ingenuity and perseverance to produce first natural and then recombinant streptokinase. The agenda continues and smart Streptokinase is under development which could be a life-saving and life-enhancing product not only for India and the developing nations but also for the developed countries. The Technology Transfer, Technology Embedding and Commercialization The lab scale success has to be transitioned to industrial scale and commercial success. Subsequent to the transfer of know-how on fermentation and purification processes and the strain, implementation at an industrial scale also faced many hurdles. While the science was established at the Lab with lab scale production, the transition to industrial scale volumes threw up challenges (see appendix 2). As at the Lab level, informed hit and trial, learning from failure, delineating what not to do from what to do helped to transition the technology to industrial scale. Standardization of the industrial biotechnology process entailed initial training, repeated training and embedding the technology in the licensees premises. IMTECH engaged with the licensees and remained engaged thereby providing a lot of handholding in the journey from the lab to factory production. This case is an example of disciplined failure where learning from initial failure led to a course change, technological succ ess, commercial success, and then again picking up the more difficult task and taking it to fruition. CSIR-IMTECH first developed a technology to produce natural Streptokinase from Streptococci. It was developed in 4 years by 1998-99, licensed and transferred in 1999-2000 and launched commercially in 2001-2002. The recombinant Streptokinase was developed in 5 years by the year 2001-2002, licensed and transferred in 2002-2003 and commercially launched in 2009-10. Natural Streptokinase know-how was licensed to Cadila Limited for fees of Rs. 20 lakhs and royalty based on ex-factory sales for 5 years. This drug was launched as STPASE injection in year 2001-02. Subsequently, recombinant gene technology was licensed by CSIR-IMTECH to Shasun Pharmaceuticals Limited, Chennai for a fee of Rs. 1 crore and royalty payments based on ex-factory sales for 5 years. The drug was launched in July 2009 and marketed by Lupin Pharma as LUPIFLO. Comparison with prevalent alternate treatments Prior to adoption of Streptokinase for clot-blockade led heart attacks, the treatments were generalized and included oxygenation and intensive care (appendix 1). Subsequent to studies of randomized controlled trials establishing efficacy and superiority of Streptokinase, it was adopted widely specially in Europe. Later, other clot busting drugs were developed. Still later, open heart bypass surgery and then angioplasty using medical stents were developed. Clot buster drugs are more affordable than surgical treatments. Within the class of clot buster drugs, Streptokinase remains the most affordable. Its costs are lower since its production is micro-organism based unlike the others derived from animal cell lines. Comparison with prevalent competing technologies clot-busters Clot-buster drugs in use are tissue plasminogen activator (tPA), Streptokinase, and Urokinase. Streptokinase competes with tissue plasminogen activator (tPA) which is the prevalent clot buster drug. tPA is preferred for its target (blood clot causing blockade) specificity. The advantage of tPA over Streptokinase is in the extent of systemic fibrinogenolysis generated by each. The resultant side effect of bleeding (due to suppression of clot formation by plasmin) can be higher for Streptokinase. However, studies have established that streptokinase is as effective in saving lives in mycocardial infarction as is tPA, despite the nearly ten-fold higher price of the latter. tPA is expensive enough to be inaccessible to most patients for this life threatening condition. Recombinant tPA reduced prices but the cost remains many times over that of Streptokinase. Cost of treatment is of utmost importance as most Indians health expenditure is out of own pocket. Appendix 1 clearly indicates that while the treatments for myocardial infarction vary from Streptokinase to tPA to angioplasty and bypass surgery, for a vast majority of Indians (with annual income about and below the current per capita annual income of Rs. 60,000), the treatment affordable and so possible is administering of Streptokinase. The alternative to Streptokinase would be a mix of morphine, oxygenation, intensive-care. Comparison with prevalent manufacturers Producers of natural Streptokinase, for several years, were only MNCs such as Behring-werke (Germany) and Lederle (USA). In India, before CSIR-IMTECHs intervention, Streptokinase was imported, Streptokinase injections were sold by MNCs Kabinase by Kabi Pharmacia, Sweden and Streptase by Hoechst Marion Roussel, Germany and priced then between Rs. 3000 to Rs. 4000 per vial in year 2000 (Krishnan(2000)). tPA prices varied from Rs. 30,000 per vial in year 2000-01 to about Rs. 19,000 per vial in 2010-11. In India, CSIR-IMTECH licensee Cadila Pharmaceuticals Ltd. manufactured Streptokinase as STPASE at an ex-factory price of Rs. 900 per vial (standard 1.5 miu dose) in 2001-02. The recombinant Streptokinase which has the same biological properties of natural Streptokinase (but much higher yields) was produced by CSIR-IMTECH licensee Shasun Chemicals and Drugs Limited, Chennai at an ex-factory price of Rs. 465 per vial in year 2009-10. This is the bulk drug price. It is marketed as LUPIFLO by Lupin Pharmaceuticals Limited and as STUKINASE by Samarth Pharma among other formulators. Non-CSIR licensee entry also occurred after the first CSIR licensee entered. There were three entrants, two of whom have already exited. The third entrant, Biocon, is successfully producing recombinant Streptokinase and marketing it as Myokinase. Data and Methodology Lab data are obtained from CSIR-IMTECH. Industry data are obtained through questionnaires and interviews. Market data such as sales value and quantity numbers for Streptokinase formulations/brands along with data on company characteristics such as MNC/Indian, date of launch, size of formulation are from the IMS Health India database on Streptokinase. The data are collected at the stockist level and are representative of the Indian pharmaceuticals market with the exception of sales directly from producers/formulators to the hospitals. Given the retrospective nature of this economic impact study, and the difficulties in collecting past data, the initial methodology proposed was a contemporaneous difference analysis between CSIR licensees and comparable enterprises. However, Streptokinase producer data could not be collected despite mailed questionnaires followed up with interviews  [7]  . Instead, for the industry analysis, market sales and volume data for a panel of 20 years are used to estimate a demand function with pooled OLS regressions. The pooled regressions permit segregation of estimates for CSIR licensees from others, and, of estimates over time  [8]  . Benefits of the Technology Intervention Creating Value Benefits to the Lab CSIR-IMTECH developed a technology and plugged a production capacity gap for a life-saving drug. The first of the series of streptokinase molecules established the credibility of CSIR as a solutions provider based on their science rooted program for technology. IMTECH scientists successfully integrated science and application producing more improved molecules and earned fees and royalty in the process. The total value of fees and royalty received is about Rs. 2.5 crores and the investment in terms of salaries and cost of patents is about Rs. 65 lakhs in 2011-12 prices. The internal rate of return on the Labs cash flows for Streptokinase works out to 36 percent  [9]  . Thus, the technology program is quite cost effective for CSIR. Benefits to CSIR Licensees and the Industry The direct benefit to the licensees in terms of value addition thus far (from 2001-02 to 2011-12) is about Rs. 17 crores in 2011-12 prices, the bulk of it, Rs. 16.5 crores, arising from the first licensee Cadila Pharma Limited. The second CSIR licensee Shasun Limited has limited value added from its two years of Streptokinase operations. The first molecule served as a proof-of-concept for the industry and even more as a proof-of-value creation. It was followed by another successful molecule variant and commercial success with that also. From no producer of Streptokinase in year 2000, there are now at least three producers domestically. The third producer Biocon, a non-CSIR licensee, is among three entrants, the other two having exited already. In 2001, before entry of the first domestic producer, CSIR-IMTECH licensee Cadila Pharma, there were about four Streptokinase brands and sales value was about Rs. 6 crores with about 20 thousand vials of standard dose. The value of the Streptokinase industry is over Rs. 20  [10]  crores in 2011 with about 118 thousand vials in terms of the standard dose of 1.5 miu and about thirty brands (including different vial sizes) marketed. While many factors are responsible for this value increase, demonstration of the proof- of-concept (technology works) and the proof-of-value (commercial success) by CSIR-IMTECH scientists and licensees may have been crucial. Without these, the country may still have been importing the drug at much higher prices. To that extent, the country is also saving foreign exchange. The current market price of STPASE is reported to be about Rs. 1000 per vial and the prices of Streptokinase vials from Shasuns bulk drug vary from Rs.715 to Rs. 2300. Myokinase, the third non-CSIR entrant Biocons product, is reportedly selling at a price of about Rs. 2000 per vial. The average market price is about Rs. 1700 per vial (standard 1.5 miu dose). Prices of streptokinase by CSIR-IMTECH licensees are among the lowest in the industry, where over 30 versions of formulations are now being marketed domestically. Industry Competition With increasing market competition, prices drop and sales increase. Competition can be enhanced more by entry of producers. A pioneering paper (Bresnahan and Reiss 1991) developed an empirical framework for measuring the effects of entry in concentrated markets by studying the relationship between the number of firms in the market, market size, and competition. Their analysis suggests that competitive conduct changes quickly as the number of incumbents increases. In markets with five or fewer incumbents, almost all variation in competitive conduct occurs with the entry of the second or third firm. Surprisingly, once the market has between three and five firms, the next entrant has little effect on competitive conduct. In the absence of data on price-cost margins, they develop another key metric the ratio of break-even sales Sn+1/Sn where n refers to the last incumbent producer and n+1 refers to the entrant. This threshold is equal to one in perfectly competitive markets where the minimum efficient scale of production is quite low relative to the market size and there are no entry barriers. In concentrated markets, the threshold of break-even sales ratio is higher than one due to substantial fixed costs as well as entry barriers. A new entrant could incur higher fixed capital cost and/or higher variable costs (such as marketing costs to establish their product and realize sales). With increasing entry, this threshold break-even sales ratio should decline and approach the value of one as in perfect competition. While we do not observe price-cost margins for all three domestic producers of Streptokinase Cadila (entry in year 2001), Biocon (entry in 2008) and Shasun (entry in 2009) we do have information on sales  [11]  and company provided break-even years. Using the Bresnahan and Reiss (1991) framework, the calculation of break-even sales (quantity of vials) ratio is found to be 2.8 for the second entrant (Biocon, relative to first producer Cadila Pharma) and 1.6 for the third entrant (Shasun Pharma, relative to Biocon)  [12]  . This quick examination points to a decreasing value of the break-even sales ratio and fast increasing competition with just three entrants, much in line with the findings of the Bresnahan and Reiss paper. Benefits to the People and the Economy Price Reduction, Affordability and Access

Decision of Ex Parte Datafin plc Analysis

Decision of Ex Parte Datafin plc Analysis A critical analysis of the manner in which the decision in R v Panel on Takeovers and Mergers; Ex parte Datafin plc [1987] 1 QB 815 is being dealt with under Australian law. Introduction The case of Datafin is an accepted element of public law in England; however Australian law is unclear to its applicability as courts reference the principle cautiously in the absence of a case pertaining substantive facts. The Datafin principle provides that a decision-making body may be subject to judicial review whether it is exercises its power from statute or private contract. That is to say, both the source and the nature of the power being exercised are to be considered when determining if a body is amenable to judicial review. In Australia, the Administrative Decisions (Judicial Review) Act 1977 (‘ADJR Act’) provides a statutory right to judicial review however a common law right (which may exist under the Datafin principle) is yet to be decided. Without a final decision from the High Court as to its applicability, the Datafin principle will continue to be dealt with tentatively on a case by case basis. However recent cases from lower and appellate courts indicate that the principle will most likely apply here as it does in England when a case with the relevant facts arises. Current Position in Australian Law There is no clear authority for the adoption of Datafin in Australia despite many decisions with reference to the principle. The closest the courts have come to taking an authoritative position regarding Datafin is the High Courts ruling in NEAT Domestic Training Pty Ltd v AWB Ltd.[1] This case marked a ‘paradigm shift’ in the delivery of administrative governmental services from being almost purely derived from statute to a mixture of private and public bodies.[2] In this case the High Court took an interpretation of Datafin to focus solely on the source of the power with no consideration to the power’s possible administrative/public nature. However, the conclusion in NEAT was very much limited to unique facts of the case and did not intend to be taken as a response to the broader issue of whether Datafin applies in Australia (i.e. whether public law remedies such as judicial review can be granted against private bodies). In this case, the improper exercise of discretionary power was argued by a wheat trader against the Australian Wheat Board (AWB). However since the AWB was a private body brought into effect by the Corporations Law (Vic), it was found that its power was not derived from the statute which NEAT was arguing under (the Wheat Marketing Act 1989). The AWB’s decision-making power was therefore not subject to the ADJR Act which sets out a requirement that decisions must be made â€Å"under an enactment† in order to be amenable to judicial review. Justice Kirby argued an in-depth and seemingly valid dissent in favour of adopting the Datafin principle to apply to the four:one majority decision. He raised the concern that if the wheat board was not amenable to judicial review it would essentially hold almost complete and unreviewable power over Australia’s wheat export industry. Therefore, the interests of the nation (or an issue of public significance) are irrefutably affected by a private body; a point acknowledged but not expressly addressed by Gleeson CJ. A conclusion can be drawn from NEAT that only the source and not the nature of the power is relevant when determining applicability of judicial review in Australia. This conclusion is alarming when considering the Commonwealth could effectively insulate itself from all legal and political accountability if each public decision-making body was privatised in a similar fashion to AWB Ltd.[3] An example of this conclusion can be seen in Griffith University v Tang,[4] where a student excluded from enrolment in university failed in her request for judicial review due to the university not making their decision under an enactment. Despite the university being deemed a ‘public’ decision-maker,[5] the judgements consider the nature of the university’s relationship to Tang to be voluntary (i.e. ‘private’). Therefore the source of power element could not be satisfied removing the need for the court to consider the substantive nature of the power.[6] In reaching this decision, their Honours accepted the reverse possibility that a private decision-maker could be considered ‘public’ and therefore amenable to judicial review.[7] The main implication of the decision in NEAT is that courts have essentially been advised not to make a decision about the applicability of Datafin until it is absolutely necessary.[8] Evidence of this deferral to make a decision about the principle has the courts intentionally not mentioning it in judgements even when parties make extensive submissions on Datafin to base their arguments. For example, the unanimous decision in the Offshore Processing Case[9] did not mention Datafin even once despite multiple submissions by both parties. Gradual Acceptance of the Datafin Principle by Australian Courts In Masu Financial Management Pty Ltd v Financial Industry Complaints Service Ltd,[10] a corporation which dealt with financial industry complaints was deemed susceptible to judicial review. Justice Shaw described the corporation as a ‘public’ body, pointing to government involvement in its foundation and processes. Here it was held that the preponderance of authority in Australia indicates that Datafin is applicable, at least to companies administering external complaints in the finance industry.[11] In contrast, the case of Chase Oyster Bar v Hamo Industries[12]allowed Basten JA to explore the applicability of Datafin where he concluded that the decision Masu and did not amount to authority of acceptance of the principle.[13] Prior to this 2010 decision, Datafin had been referred to in Australian law with ‘apparent approval’.[14] Regardless, the Masu decision provided a foundation for Kyrou J’s later decision in CECA Institute Pty Ltd v Australian Council for Private Education and Training.[15] In this case it was held that the Datafin principle may render a private body to be subject to judicial review if that body is performing a ‘public duty’ or exercising a power with a ‘public element’. Defining a ‘public element’ of a decision, once described as â€Å"question-begging†[16] can be reasonably objectively determined from extensive English case law.[17] In the circumstances of this case, a link to a ‘public element’ could not be established and the matter was instead settled by private law.[18] A similar but more recent judgement in Mickovski v FOS[19] also suggested that the Datafin principle applies to Australian law provided the necessary public element can be satisfied.[20] In this case, an argument was raised that a public element existed by way of requiring a mechanism for private dispute resolution. However Pagone J held that the Datafin test failed as the corporation did not exercise government functions and its power over its members was derived from contract (therefore only allowing private law remedies). In doing so, the judgement cited and affirmed Kyrou J’s reasoning from Masu.[21] Shortly after this decision, the Australian Law Journal published an article by Kyrou J examining Datafin’s applicability to Australian law.[22] Justice Kyrou cited the Mickovski decision as an authority for the rule’s acceptance. However since the paper was published, Mickovski was appealed.[23] In the appeal, although dismissed, Pagone J was overruled in that the Datafin principle did not apply to the facts considering there was no public law justification for the request of judicial review. The Court explained in its dismissal of the appeal that with increasing privatisation of various government functions comes the need for the availability of judicial review in relation to administrative and public functions.[24] At [31], it was said that the Datafin principle provides a ‘logical’, approach to satisfy that requirement.[25] Buchanan, Nettle JJA and Beach AJA went on to conclude that it is doubtful that even a wide interpretation of Datafin would be appl icable to contract-based decisions.[26] Therefore, Kyrou’s argument and call for approval is not discredited and it appears likely that the Datafin test will be appropriate when the relevant facts and circumstances arise in future. It is significant to the current position that Datafin has never been rejected in Australian courts. However cases exist which are unfavourable to its ‘apparent approval’ prior to Chase. In particular, in Khuu Lee Pty Ltd v Corporation of the City of Adelaide,[27] it was specifically stated by Vanstone J in the Supreme Court of South Australia that Datafin â€Å"has not yet been adopted in Australia†.[28] At [30], her honour said â€Å"within intermediate appellate courts there are, at best, conflicting views as to whether [Datafin] represents the common law of Australia†. Should Datafin Apply in Australian Law? Writing extra-judicially, now-retired QC, Raymond Finkelstein stated that the courts’ function in relation to administrative law and judicial review should be to â€Å"ensure that all bodies – private or otherwise – that perform public functions do so in accordance with the law.†[29] Senior University of NSW Professor, Mark Aronson hints at the applicability of Datafin in Australian law and argues that â€Å"public power is increasingly exercised from places within the private sector, by non-government bodies, and according to rules found in management manuals rather than statute books. If judicial review is about the restraint of public power, it will need to confront these shifts in who exercises public power, and in the rules by which they exercise it.†[30] A similar sentiment was held by Kyrou J in his decision in Masu that Datafin â€Å"represents a natural development in the evolution of the principles of judicial review†¦ [It] is essential in enabling superior courts to continue to perform their vital role of protecting citizens from abuses in the exercise of powers which are governmental in nature†.[31] Since the Datafin principle has been adopted in Canada and New Zealand, there is also an argument supported by Kyrou J that on a constitutional level, Australia ‘should be consistent with the law of other important common law jurisdictions’.[32] The arguments put forward are not without criticism however. The evolution of private bodies administering administrative/public functions is considered by some to be a new area of law which requires fresh regulation rather than ‘shoehorning’ the issues to fit into Datafin.[33] This arguably explains why the principle is so reservedly discussed in judgements where the elements of Datafin frequently cannot be made out. The granting of judicial review against a private body’s excision of power which was neither statutory nor executive has occurred only once in Australia (in the case of Masu). Most cases which reference Datafin do so in obiter dicta simply to raise overlaps with other areas of law which have more established remedies and boundaries than attempting to expand administrative law principles. That is not to say more than one area of law cannot co-exist with certainty. Conclusion Despite significant and extensive ‘apparent approval’ of the Datafin principle, it is impossible to determine the validity of the rule in the absence of a High Court decision. However, the number of cases citing Datafin with favourable obiter appears to outweigh the number of cases which reference it with reservation. Whilst the obiter of NEAT recognises Datafin’s applicability in Australian law going forward, the actual decision of the case lends authority against its adoption. Regardless, in the unlikely event that the Datafin principle is rejected, private decision-making bodies performing public and administrative functions will not be immune to judicial review. The increasing trend of government divestment of administrative functions to private bodies will simply be dealt with judicial independence, allowing natural justice to form a either more refined interpretation of the Datafin principle. Bibliography Cases CECA Institute Pty Ltd v Australian Council for Private Education and Training (2010) 30 VR 555. Chase Oyster Bar Pty Ltd v Hamo Industries Pty Ltd (2010) 78 NSWLR 393 Griffith University v Tang (2005) 221 CLR 99 Griffith University v Tang (2005) 213 ALR 724 Khuu Lee Pty Ltd v Adelaide City Corporation (2011) 110 SASR 235. Masu Financial Management Pty Ltd v Financial Industry Complaints Service Ltd (No 2) (2004) 50 ACSR 554 Mickovski v Financial Ombudsman Service Ltd [2011] VSC 257 Mickovski v Financial Ombudsman Services Limited Anor [2012] VSCA 185 Mickovski v Financial Ombudsman Service Ltd (2012) 91 ASCR 106 NEAT Domestic Trading Pty Ltd v AWB Ltd (2003) 216 CLR 277 Plaintiff M61/2010E v Commonwealth (2010) 243 CLR 319 R (Beer) v Hampshire Farmers’ Markets Ltd [2004] 1 WLR 233 R v Panel on Takeovers and Mergers; Ex parte Datafin plc [1987] 1 QB 815 Textbooks Matthew Groves (ed), Modern Administrative Law In Australia: Concepts And Context (Cambridge University Press, Australia, 2014) Journals Neil Arora, ‘Not so neat: non-statutory corporations and the reach of the Administrative Decisions (Judicial Review) Act 1977’ (2004) 32(1) Federal Law Review 141 Emillos Kyrou, ‘Judicial review of decisions of non-governmental bodies exercising governmental powers : is Datafin part of Australian law?’ (2012) 86(1) Australian Law Journal 20 Katherine Cook, ‘Recent Developments in Administrative Law’ (2012) 71 AIAL (Australia Institute of Administrative Law) Forum 1 Graeme Hill, ‘Griffith University v Tang – Comparison with Neat Domestic, and the Relevance of Constitutional Factors’ (2005) 47 AIAL (Australia Institute of Administrative Law) Forum 6 Matthew Groves, ‘Should we follow the Gospel of the Administrative Decisions (Judicial Review) Act 1977 (Cth)?’ (2010) 34 Melbourne University Law Review 737 Mark Aronson, ‘Private Bodies, Public Power and Soft Law in the High Court’ (2007) 35 Federal Law Review 1 Raymond Finkelstein, â€Å"Crossing the Intersection: How Courts are Navigating the ‘Public’ and ‘Private’ in Judicial Review† (2006) 48 AIAL (Australia Institute of Administrative Law) Forum 1 Other CCH, Australian Company Law Commentary, ‘Internal and external dispute resolution procedures – ASIC’s policy: s 912A(1)(g), (2)’ (at 26 August 2013) [273-300]. 1 Sean Roche, N8844330 [1] NEAT Domestic Trading Pty Ltd v AWB Ltd (2003) 216 CLR 277. [2] Neil Arora, ‘Not so neat: non-statutory corporations and the reach of the Administrative Decisions (Judicial Review) Act 1977’ (2004) 32(1) Federal Law Review 141, 161. [3] Neil Arora, ‘Not so neat: non-statutory corporations and the reach of the Administrative Decisions (Judicial Review) Act 1977’ (2004) 32(1) Federal Law Review 141, 160. [4] (2005) 221 CLR 99. [5] Griffith University v Tang (2005) 213 ALR 724 at 750-751 [108]-[110]. [6] Griffith University v Tang (2005) 213 ALR 724 at 766 [159]-[160]. [7] Graeme Hill, ‘Griffith University v Tang – Comparison with Neat Domestic, and the Relevance of Constitutional Factors’ (2005) 47 AIAL (Australia Institute of Administrative Law) Forum 6, 8. [8] (2012) 91 ASCR 106, [32]. [9] Plaintiff M61/2010E v Commonwealth (2010) 243 CLR 319. [10] Masu Financial Management Pty Ltd v Financial Industry Complaints Service Ltd (No 2) (2004) 50 ACSR 554. [11] CCH, Australian Company Law Commentary, ‘Internal and external dispute resolution procedures – ASIC’s policy: s 912A(1)(g), (2)’ (at 26 August 2013) [273-300]. [12] Chase Oyster Bar Pty Ltd v Hamo Industries Pty Ltd (2010) 78 NSWLR 393. [13] Chris Finn, ‘The public/private distinction and the reach of administrative law’ in Matthew Groves (ed), Modern Administrative Law In Australia: Concepts And Context (Cambridge University Press, Australia, 2014) 3, 56. [14] Emillos Kyrou, ‘Judicial review of decisions of non-governmental bodies exercising governmental powers: is Datafin part of Australian law?’ (2012) 86(1) Australian Law Journal 20, 22. [15] CECA Institute Pty Ltd v Australian Council for Private Education and Training (2010) 30 VR 555. [16] R (Beer) v Hampshire Farmers’ Markets Ltd [2004] 1 WLR 233, [16]. [17] Emillos Kyrou, ‘Judicial review of decisions of non-governmental bodies exercising governmental powers: is Datafin part of Australian law?’ (2012) 86(1) Australian Law Journal 20, 31. [18] Ibid, 570, 576. [19] Mickovski v Financial Ombudsman Service Ltd [2011] VSC 257. [20] Ibid, [12]. [21] Mickovski v Financial Ombudsman Service Ltd [2011] VSC 257, [9]. [22] Emillos Kyrou, ‘Judicial review of decisions of non-governmental bodies exercising governmental powers: is Datafin part of Australian law?’ (2012) 86(1) Australian Law Journal 20-33. [23] Mickovski v Financial Ombudsman Service Limited Anor [2012] VSCA 185. [24] Katherine Cook, ‘Recent Developments in Administrative Law’ (2012) 71 AIAL Forum 1. [25] [2012] VSCA 185, [31]. [26] Katherine Cook, ‘Recent Developments in Administrative Law’ (2012) 71 AIAL Forum 1. [27] (2011) 110 SASR 235. [28] Ibid, [26]. [29] Raymond Finkelstein, â€Å"Crossing the Intersection: How Courts are Navigating the ‘Public’ and ‘Private’ in Judicial Review† (2006) 48 AIAL Forum 1-7. [30] Mark Aronson, ‘Private Bodies, Public Power and Soft Law in the High Court’ (2007) 35 Federal Law Review 1. 4. [31] Ibid, 99. [32] Emillos Kyrou, ‘Judicial review of decisions of non-governmental bodies exercising governmental powers: is Datafin part of Australian law?’ (2012) 86(1) Australian Law Journal 20, 30. [33] Matthew Groves, ‘Should we follow the Gospel of the Administrative Decisions (Judicial Review) Act 1977 (Cth)?’ (2010) 34 Melbourne University Law Review 737, 749.

Saturday, July 20, 2019

The Health Benefits of Exercise Essay -- Healthy Lifestyle Essay

  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Everyone in America these days seems to be concerned with their physical fitness, and everyone’s talking about getting in shape, but the numbers don’t lie. In 1980, 25 percent of adults in this country were overweight; a staggering amount, but the numbers have increased to 34 percent today (Shape 1). Most people attribute this fact to America also being the richest country in the world with very few people actually going hungry. However, the overweight problem in America is not only a product of eating too much, but this goes hand in hand with not getting enough exercise to burn off those unwanted pounds. Talk about getting in shape is all over books, magazines, TV shows, newspaper articles and celebrity videos that are all centered around fitness and exercise. I think everyone would agree that exercise and physical fitness are a very important part of our lives, â€Å"...but the truth is most adult Americans do not exercise on a regula r basis. And yet, to feel good, look our best and live longer, fuller lives, regular exercise is a must† (Exercise Your Way 1). â€Å"Many people start the new year with new health club memberships, new exercise equipment and a lot of enthusiasm about losing weight, toning muscles, and improving aerobic endurance. But most of these people will be back to their old habits by Valentine’s Day. The new exercise equipment will be used as a clothes rack, the health club membership will have lapsed and the new running shoes will be used only for running to the store† (Stick 1). The problem is that people have too many excuses not to exercise, and not enough reasons to want to exercise. The solution to this problem is simple. We must, as a society, get ourselves informed of the benefits of exercise, and then... ...tor. 17 April, 1997. Go To (March 1997). Jackson, Jeanne M.. The Relationship Between Physical Fitness Levels and Self Concept in College Males/Females. Health, Physical education and Recreation: Microcard Publications. 1980, Northeastern Missouri State University: FICHE #3766. Making a Commitment. Netscape Navigator. 16 April 1997. Go To (April 1997). Norton, Cindy. Student Purposes for Engaging in Fitness Activities. University of Oregon: Microform Publications. 1995, College of Human Development: FICHE # 5124. Shape Up America: General Information. Netscape Navigator. 17 April, 1997. Go To (March 1997). Stick to Your Fitness Program. Netscape Navigator. 16 April, 1997. Go To (April 9, 1997). Stress Management. Netscape Navigator. 16 April, 1997. Go To (April 1997). Walking is Good. Netscape Navigator. 16 April, 1997. Go To (April 9, 1997).

Friday, July 19, 2019

Cosmogony :: essays research papers fc

Cosmogony Works Cited Brandon, S.G.F. Dictionary of Comparative Religion. New York: Charles Scribner’s   Ã‚  Ã‚  Ã‚  Ã‚  Sons, 1970. â€Å"Cosmogony.† World Book Encyclopedia. 1990 ed.   Ã‚  Ã‚  Ã‚  Ã‚  Different religions view the idea of how the world was created, or cosmogony, in different ways. China holds many cosmogonies, but they all revolve around the same ideas. Egypt’s cosmogony was motivated by the desire that their God created all other gods. The views of people define the cosmogony in Greece, mostly of Homer. Cosmogony in the Hebrew religion is defined in the first two chapters of Genesis(Brandon 208). Japanese cosmogonic mythology has its beginnings of myths that one can trace way back. Some views of the different religions remain the same, but most views differ from each other.  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Chinese philosophical interest was centered on human affairs. Egypt was motivated to show that divine fiat conceives cosmic creation (Brandon 208). The Greek philosophy concerned itself with considering origin and constitution of the universe. Some cosmological ideas in the Hebrew religion represent the creation of the universe by divine fiat (Brandon 208). Divine fiat is defined when God said ‘Let there be light’; and there was light (qtd. in â€Å"Cosmogony†). Pentateuch and Yahwist deal with the creation and the fall of Adam. Shinto produced another cosmogony that presents a division in the universe. The upper world consisted of gods and everlasting bliss. The middle world included man on the surface of the earth. The lower world of darkness, known as Yomi, which possesses evil spirits that live under rule of earth-mother (Brandon 210).   Ã‚  Ã‚  Ã‚  Ã‚  According to the Huai-Nantzu, in China, the universe of space and time arose before Heaven and Earth took shape. The earliest Egyptian cosmogony presented Atum as the creator and Heliopolis as the place. The Greeks believed Hesiod also explains evolution of mankind as a series of Five Ages. Yahwist, in the Hebrew religion accounts on the creation of the world by an editor who fused Pentateuch and Yahwist into continuous writings of divine creation. The Japanese believed the world of forms to be formed from emanations proceeding from the Dhyani-Buddha (â€Å"Cosmogony†).   Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  The Han Dynasty founded the first fully developed cosmogonies for China. This naturalistic cosmogony taught that the origin of the all things lay in the Great Ultimate. The Great Ultimate produced two forces of Yin and Yang. Yin and Yang combined to form four emblems, which then produced the Eight Trigrams. The Eight Tigrams resulted in all the phenomena of the world (Brandon 207).