Case Study Template James Earl Ray - 771 Words

Case Study Template **These are only guidelines and will vary case by case Title: James Earl Ray What: James Earl Ray was a convicted a murderer who assassinated Martin Luther King Jr. He was sentenced to life imprisonment. He then died in prison after serving 29 years. There were some conspiracy theories, some believed that he had someone hired to shoot king. Ray suggested this theory while in prison. Who: Martin Luther King- Assassinated, leader in the civil rights movement. James Earl Ray-Convicted for shooting Luther. Percy Foreman- Rays attorney, made an effort to avoid the sentence of death. When/ Where: Memphis tennessee, April 4, 1968 Evidence: Ray dashed by car from memphis to Canada, arriving in toronto where he hid.†¦show more content†¦Byron C. Mitchell- Defendant Robert Epstein- Assistant federal defender Michael R. Stile- United States Attorney When/ Where: September 12, 1991 between 9:00 am and 9:15 am. Philadelphia Pennsylvania Evidence:Two men who robbed the agency were William Robinson and Terrance Stewart. License plate number was given. A note was found and latent fingerprints. Outcome: There was a second trial Reflections: They used fingerprint powder to find out who was driving the car. There were fingerprints found in the car. Case Study Template **These are only guidelines and will vary case by case Title: â€Å"The night stalker† Richard Ramirez What: Ramirez was an American serial killer, rapist and burglar. He had a highly publicized home invasion crime spree in the Los Angeles area and the San Francisco area. He was called the night stalker by the media and used a variety of weapons. He was satanist and never felt bad for any crime. He had 13 death sentences, after having 14 victimes. He died before he could be executed. He had a rough childhood as he a dresser fell on top of him when he was two and was knocked unconscious by a swing at age 5. He also witnessed his cousin shoot his wife when he was only 14. His first murder was a 9 year old girl. She had been beaten, raped, and stabbed to death, her body was found hanging from a pipe. His next killing was a 79 year old woman, she was stabbed and her throat was slashed very deeply.In Jail he had many fans and evenShow MoreRelatedSeparate and Unequal: Overcoming Segregation in America1928 Words   |  8 Pagescloser to their residences, black children were often forced t o attend the nearest all-black school. Whereas, in the North segregation was more commonly de facto (concerning fact), and the children attended their neighborhood school, which was in most cases only attended by the race that presided more dominantly in that neighborhood. â€Å"If children go to school where they live and if most neighborhoods are racially segregated, then the schools are necessarily segregated, too (Kenneth B. Clark).† The problemRead MoreSolution Manual, Test Bank and Instructor Manuals34836 Words   |  140 PagesReinstein (SM+Cases and solutions) Accounting and Financial Analysis in the Hospitality Industry_Johnathan Hales,Hubert B. Van Hoof (IM+TB) Accounting Business Reporting for Decision Making, 4th Edition_Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzy Byrne, Judy Oliver (ISM+TB) Accounting Concepts and Applications, 10th Edition_W. Steve Albrecht, James D. Stice, Earl K. Stice, Monte R. Swain (SM+IM) Accounting Concepts and Applications, 11th Edition_W. Steve Albrecht, James D. Stice, Earl K. SticeRead MoreMonsanto: Better Living Through Genetic Engineering96204 Words   |  385 Pages441 441 CASE STUDIES A summary of the case analysis I N T R O D U C T I O N Preparing an effective case analysis: The full story Hearing with the aid of implanted technology: The case of Cochlearâ„ ¢ – an Australian C A S E O N E high-technology leader Delta Faucet: Global entrepreneurship in an emerging market C A S E T W O DaimlerChrysler: Corporate governance dynamics in a global company C A S E T H R E E Gunns and the greens: Governance issues in Tasmania C A S E F O U R Succeeding in the

The Actions of Judge Danforth in The Crucible Essay

In any community, the people rely on the power of law and justice to protect them. When the guardians of the law and order misuse their power it brings tragedy upon the town. In Arthur Miller’s The Crucible the inappropriate actions of the character of Judge Danforth, the voice of authority of the community leads to the tragedy of social disruption of the town accompanied by breakdown in communal solidarity. Firstly, throughout the play Judge Danforth acts with pride and arrogance. At the commencement of act III Judge Danforth voices his view on the ongoing phase of the witchcraft trials by stating that â€Å"Do you take it upon yourself to determine what this court shall believe and what it shall set aside?† (Miller 85). Here Danforth†¦show more content†¦His reply is accompanied with a vindictive nature towards anyone who opposes the actions of the court or by extension, him. Therefore, his arrogance and pride restrains him from listening to others point of view. Lastly, despite hearing about the mass opposition and rebellion at the Andover witchcraft trials, Judge Danforth refuses to postpone the hangings and orders Reverend Parris that â€Å"Now hear me, and beguile yourselves no more†¦ Postponement now speaks a floundering on my part.† (Miller 129). Danforth arrogantly waves off the request of postponement made by Hale and Parris. He thinks that the act of postponement of the hangings will raise the issue of his credibility as a judge. Danforth’s pride of his status as a judge denies him from giving it a thought that his actions can lead to the death of innocent lives. When pride and arrogance interferes with ones wisdom the repercussions are often destructive. Judge Danforth proves this through the medium of his actions which lead to the destruction of trustworthiness in the community and brought tragedy to Salem. Secondly, Judge Danforth’s irrationality and ignorance brings about poor decisions on his part. One of the instances where Danforth reveals his following attitude is when he denies to even look at a deposition presented by John Proctor as described by his words â€Å" No, no, I accept no depositions† (Miller 88). John Proctor hands him a deposition signed by Mary warren, stating thatShow MoreRelatedEssay about Who is Responsible for the Salem Tragedy?770 Words   |  4 Pagesjoke for one that is rich and powerful, and misfortune for needy. In the book, The Crucible by Arthur Miller has certain characters and beliefs that is a part of a huge calamity. It was labeled as the Salem Tragedy because in Salem, plebeians and uninvolved people were accused for witchcraft they never committed. Nineteen people were hanged and liable for the witchcraft. A character in The Crucible, Danforth, honest in his own perception is one of the attribution for the Salem tragedy. AlsoR ead MoreThe Crucible Character Analysis783 Words   |  4 Pagesbook The Crucible, the reader gets to know several characters. As you continue through they find out information on more of the characters but three specific ones stand out because of their actions when trying to save their reputations. John Proctor, Reverend Parris, and Judge Danforth are all involved with trying to fix issues but end up trying to save their reputation because Parris catches the girls dancing in the woods.These three characters John Proctor, Reverend Parris, and Judge Danforth try toRead MoreThe Crucible Reputation Essay1139 Words   |  5 Pagesor owning property, during the play The Crucible by Arthur Miller depended on ones reputation. Set in Salem, during the summer months of 1692, The Crucible brings to life what lengths some went to save their good name. Whether it is the stern and just Lieutenant Governor and Judge Danforth, religious, churchly figure, Reverend Parris, or higher moral and mode l citizen John Proctor, each’s reputation has greater importance than having a safe society. Danforth, Parris, and Proctor’s self-centerednessRead MoreThe Crucible By Arthur Miller1235 Words   |  5 Pagesâ€Å"Your reputation and integrity are everything. Follow through on what you say you’re going to do. Your credibility can only be built over time, and it is built from the history of your words and actions.† Maria Razumich-Zec put into words the importance that society places on reputation. It has become clear that what other people think of someone is far more important to that individual than what they may know to be true about themselves. 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And the wind, God’s icy wind, will blow!† (205) This powerful quote is taken from The Crucible, a play written by Arthur Miller during the Red Scare of the 1950’s. Miller, accused in the McCarthy trials, wrote the play about the Salem Witch Trials in 1692 to criticize the way history was repeating itself and how hysteria was taking over theRead MoreCrucible Essay1101 Words   |  5 PagesOctober 2014 Death Redeems Redemption is defined as atoning for a fault or mistake. Therefore, the idea of a redemptive character emanates from that character committing a perceived wrong and then overcoming the subsequent consequences with his actions. The Crucible, a famous play by Arthur Miller, incorporates this idea of redemption into its plot through the personal journeys of major characters in the Salem Witch Trials. One such character that displays these qualities of redemption is John ProctorRead MoreMccarthyism : The Crucibles 1559 Words   |  7 PagesUntil in the mid 1600s, an unfortunate event cause them to fall part; accusations of witchcraft. Arthur Miller who wrote â€Å"The Crucibles† uses the theme of how fear can motivate you to make different kind of actions to compare to MCcarthyism that occurred in 1950s. In the 1950s, Joseph McCarthy was accusing citizens of communists with no proof, which is what Danforth the judge did in the book; accuses people of doing witchcraft without a ny evidence. Arthur Miller showcases each character with uniqueRead MoreThe Crucible Rhetorical Analysis786 Words   |  4 Pagesplay The Crucible depicts this incident as it closely happened in real life. One character in this play, Judge Danforth, was the judge of the trials who believed that these accusations of witchcraft were true, and order the executions of those 19 innocent people. Throughout his presence in the play, he convinces the people of Salem that what he believes in is correct, and that justice should be delivered to those who have sinned with the Devil. In The Crucible by Arthur Miller, Judge Danforth employsRead MoreThe Crucible Character Analysis1126 Words   |  5 PagesIn The Crucibles, written by Arthur Miller, there were many themes present throughout the storyline. One theme existing throughout the play pertains to many characters preserving their reputation rather than conforming to society. In the play, many characters were prosecuted for witchery becaus e of girls such as Abigail Williams accused them of doing so. During this crisis in Salem, three characters in particular remained rightful and truthful in order to preserve their established reputation in

Business Economics Principles and Policy

Question: Demonstration of a clear understanding of the issues. Use of academic models. Clear focussed understanding of a topic. Critical analysis is an important test of the students ability to evaluate business economics concepts. Introductions and conclusions should briefly address the issues to be discussed and discussed respectively. Answer: Introduction The United Kingdom is a developed and sixth largest economy in the world with an annual growth rate of 1.9% in January 2016 and 2.10% in 2015. The service sector has the highest contribution to the GDP with 79%, Manufacturing sector contributes 10% and construction sector contributes 6% and agricultural sector contributes only 1%. For the last seven years, since 2009, the rate of interest is very low in Britain. It remains fixed at 0.50% monitored by Bank of England (BOE) which is the central bank for Great Britain (Card and Krueger 2015). The paper discusses the affect of the low interest rate on the Britain economy over a period of seven years. Several micro and macroeconomic indicators are explained in this respect and theories are used to argue the matter. The effect of low interest rate on consumption of an individual is shown through their change in the demand preference. In this respect demand theory of microeconomics is explained. On the other hand, the affect of the low interest rate on the market total saving and investment demand is shown by loanable fund theory of macroeconomics. Demand Theory of Microeconomics The demand theory of microeconomics explains the behavior of consumer demand towards the product available in the market. It relates the consumer demand with the factors affecting their demand. The factors are own product price, other products price, income, taste, preference of the consumer and other factors affecting demand. One of the other factors can be the change in the rate of interest in the economy (Rader 2014). If the rate of interest decreases then consumer saves less and consumes more of his total income, due to which his demand increases at the same market price. Thus shifting the demand curve to the right and creating excess demand in the market (Baumol and Blinder 2015). According to the demand theory, the law of demand states that given all other factors affecting demand, there exist an inverse relation between the demand and price of the good, leading to a negatively sloped demand curve (Benigno et al.2015). Figure 1: Downward sloping demand curve (Source: Created by the author) Figure 1 shows the movement of demand due to the changes in its own price. When process decreases from P1 to P2, demand has increased from D1 to D2. The relation holds only when other factor affecting demand remains constant. If one of the other factor affecting demand is the rate of interest of the country then as rate of interest decrease, people start saving less of their income and consume more of the income due to the fall in the return from saving. As a result, at the same market price P1, consumers demand increases and the demand curve shifts to the right. If the supply of the product remains unchanged, then there is excess demand in the market which shoots the price up. Figure 2: Rightward shift in the demand curve (Source: created by the author) Figure 2 shows the rightward shift of the demand curve due to the fall in the interest rate on savings, leading to creation of excess demand by the amount (D2-D1). If A is the equilibrium point where the market demand and supply are equal to each other at price P1, then given the supply curve, at new equilibrium market price will rise to P2 and demand will fall to D3. The seven years low interest rate by the Bank of England has also increased the consumer demand for different products. As a result, the total aggregate demand has shoot up and given the supply constraint, the British economy faces inflationary situation with continuous rise in price (Williamson and Wesley 2013). Year jan feb mar apr may jun jul aug sep oct nov dec annual 2015 0.3% 0% 0% -0.2% 0.1% 0% 0.1% 0.1% -0.1% -0.1% 0.2% 0.2% 0% 2014 2% 1.7% 1.6% 1.8% 1.5% 1.9% 1.6% 1.5% 1.2% 1.3% 0.9% 0.5% 1.5% 2013 2.6% 2.8% 2.8% 2.4% 2.7% 2.9% 2.8% 2.7% 2.7% 2.2% 2.1% 2% 2.6% 2012 3.6% 3.4% 3.5% 3% 2.7% 2.4% 2.5% 2.5% 2.2% 2.6% 2.7% 2.6% 2.8% 2011 4% 4.3% 3.9% 4.5% 4.5% 4.2% 4.5% 4.5% 5.1% 5% 4.8% 4.3% 4.5% 2010 3.4% 3% 3.4% 3.7% 3.5% 3.2% 3% 3.2% 3.1% 3.2% 3.2% 3.6% 3.3% 2009 3% 3.1% 2.9% 2.4% 2.1% 1.8% 1.9% 1.5% 1.2% 1.5% 2% 2.9% 2.2% Table 1: Inflation rate of United Kingdom from 2009-2016 (Source: Norton 2015) Table 1 shows an upward trend of inflation from 2.2% in 2009 to 4.5% in 2011. It was due to the rise in aggregate demand may be resulting from fall in consumer saving as interest rate was reduced to 0.5% in 2009 from 5% in 2008. However after 2011, inflation rate has reduced to 2.8% in 2012 and then to 0% in 2015 and presently at 0.2% in 2016. Loanable Fund Theory of Macroeconomics Loanable fund theory of macroeconomics illustrates the relation between the total demand for loanable fund and total supply of loanable fund in the economy. Loanable fund refers to the amount of money available for advancing loan in the economy (Nicholson 2014). The people who creates its demand are the investors those borrow money for business and production purpose and the people who save a portion of their income as saving, creates the supply of loanable fund in the economy. The total demand and supply of loanable fund determines the market equilibrium of interest rate (Mankiw 2014). Figure 3: Demand and Supply of loanable fund (Source: created by the author) Figure 3 demonstrate the determination of market rate of interest (r) in loanable fund theory. The demand for loanable fund theory is downward sloping curve and is inversely related to r. The supply of loanable fund is upward sloping curve and is positively related to r. At the point where both curves meet (point A), market equilibrium rate of interest is reached where demand and supply of loanable fund are equal (Wickens 2012). In the situation when reserve bank interferes and lower the rate of interest to achieve economic growth then there exist a disequilibrium situation in the economy. Suppose Bank of England reduces the rate of interest to r* in figure 3. Given the equilibrium state, there creates a shortage of loanable fund in the economy by the amount (L2-L1). Under the situation, government needs to take steps to increase the loanable fund supply in the market to meet the excess demand for loanable fund by the business people (McCloskey 2015). Bank of England has maintained a lower rate of interest since last seven years. The impact of this on the economy is reduction in the savings and increase in the demand for loan which has pushed the expenditures of the people (Smithin 2013). Further the demand for assets increases which raises the asset price and as the interest payments on mortgages have reduced, the people has more money to spend. All the factors lead to increase in aggregate demand. The exchange rate of Britain tends to depreciate as foreigners willingness to save decreases which reduces the demand of pound in the foreign exchange market and led to the depreciation of pound (Jenkins et al. 2012). United Kingdom government has taken several steps to control the inflation rate which has increased due to rise in demand. The money supply is controlled by BOE and taxes are imposed to combat disposable income of the consumer. Bank of England has taken precautionary steps to control the fall in the value of currency in the world market by intervening in the foreign exchange market (Salemi 2013). The prudent actions of BOE have helped to stabilize the value of pound in the global market and reduce the deficit in the current account of balance of payment. However, lower rate of interest have increase the economy production and output and enhanced the industrial growth rapidly which further reduce the unemployment rate and increased the per capita income of the people (Fernald 2014). Conclusion In conclusion, the brief of the paper is given. In the paper two theories are used to explain the impact of the low interest rate of British economy for last seven years. The demand theory of microeconomics is takes to explain the rise in demand of the consumer due to rise in consumption and fall in saving, a result of low interest rate. The loanable fund theory of macroeconomics is taken to explain the impact on investment and demand for loanable fund in the economy. Further, the monetary policy of BOE and fiscal policy has been discussed to control the impact of low interest rate on the economy. Bank of England(BOE) has intervened in the foreign exchange market to control the depreciation of currency and has been success in maintaining stable currency value. Reference Baumol, W. and Blinder, A., 2015. Microeconomics: Principles and policy. Cengage Learning. Benigno, P., Ricci, L.A. and Surico, P., 2015. Unemployment and Productivity in the Long Run: The Role of Macroeconomic Volatility. Review of Economics and St Card, D. and Krueger, A.B., 2015. Myth and measurement. Princeton University Pres. Fernald, J., 2014. Productivity and Potential Output before, during, and after the Great Recession (No. w20248). National Bureau of Economic Research. Jenkins, S.P., Brandolini, A., Micklewright, J. and Nolan, B. eds., 2012. The great recession and the distribution of household income. OUP Oxford. Mankiw, N.G.R.E.G.O.R.Y., 2014. Principles of macroeconomics. Cengage Learning. McCloskey, D.N. ed., 2015. Essays on a mature economy: Britain after 1840. Princeton University Press. Nicholson, W. and Snyder, C., 2014. Intermediate microeconomics and its application. Nelson Education. Norton, P., 2015. The British Polity. Routledge. Rader, T., 2014. Theory of microeconomics. Academic Press. Salemi, M.K., 2013. Intermediate Macroeconomic Theory. Applications of Mathematics in Economics, (82), p.27. Smithin, J.N., 2013. Essays in the Fundamental Theory of Monetary Economics and Macroeconomics. World Scientific Publishing Company Pte. Limited. Wickens, M., 2012. Macroeconomic theory: a dynamic general equilibrium approach. Princeton University Press. Williamson, S.D. and Wesley, P.A., 2013. Macroeconomic Theory Economics 440.602. 81, Spring 2013. Economics, 440, p.81.