Financial Innovation An Concept Grounded - 1534 Words

Financial innovation is an underlying concept grounded in theoretical science. To put it bluntly, it is in some circumstances viewed as a visionary breakthrough and in others a combination of existing elements that inevitably leads to a breakthrough of equal proportion. Innovation is the driving force behind many financial instruments and institutions, allowing them a means of generating returns for each respective innovation. I will discuss how such ‘innovation’ can act as a means of generating revenue for firms, how they are ‘created’ and their implications to the firm. Silber (1975) provides the beginning framework for discussing financial innovation as a way of reducing the costs imposed by regulation. While he recognizes regulation†¦show more content†¦If the cost of adhering to an internal constraint increases, the firm may revaluate the policy, relaxing or removing that constraint. However, if the costs are imposed by a binding external constraint, there is an incentive for the firm to innovate to reduce these costs. Silber refers to this type of innovation as constraint - induced innovation. The features or characterizations (as stated by Miller, 1986 and Merton, 1992) of Financial innovation is the ability to generate additional sources of funds and act as an â€Å"engine of economic growth† (Josh, L. Peter, T. 2011). It is indeed true that these breakthroughs generate additional sources of funds for the firm but it also has the potential to affect the entire economic system. Perhaps even leading to far reaching changes (as further firms down the line can adopt the changes that came as a result of the financial innovation) e.g. FI enable firms to raise capital in larger amounts at a lower cost than they could otherwise, by developing a more (say) cost efficient form of production. The next firm down the line can then benefit from the lower cost production (as they would be able to access or learn this new form of cost saving from the previous firm). This is an example of FI’s influence on economic systems and being a driving force for growth. Another feature of financial innovation is in its ability to transfer risk and systematically address asymmetric information issues. The way in which it allows this to

Bipolar Disorder Mind and Mental Health - Free Essay Example

Sample details Pages: 2 Words: 645 Downloads: 3 Date added: 2019/10/30 Category Medicine Essay Level High school Tags: Bipolar Disorder Essay Did you like this example? Introduction Bipolar disorder relates to the mental illness which makes the patient undergo moody experiences. Notably, the disorder symptoms may lead to extreme mood commonly termed as the mania. Hence, individuals living with bipolar disorder may have difficult times on managing daily activities or maintain effective relations either at home or workplace. Don’t waste time! Our writers will create an original "Bipolar Disorder: Mind and Mental Health" essay for you Create order Medical research depicts that nearly 2.8% of US youths have lethal brain disorder (Legg, 2018). There are various causal-effects linked with the manic depression affecting multiple groups in the community. Therefore, the paper will explore on the risk factors and symptoms, diagnosis and treatment mechanism for the disastrous bipolar disorder. On a broader view, bipolar disorders trace its route from a variety of risk factors. However, health practitioners have not established a definite cause of lethal brain disease. Some of the factors linked as the source of bipolar disorder include genetics, a structure of ones brain and environmental factors (Smith, 2018). Genetically, there is a higher chance of acquiring the disorder from family members who live with the condition. Health research depicts four to six times that a parent with the disorder can pass to the child. Abnormalities in the structure of the brain may expose an individual to the risks of bipolar disorder. Environmental factors such as extreme stress and traumatic experiences can trigger manic depression. Some of the main symptoms and effects of the disorder include hypomania, depression, and mania. Patients will mainly experience and express high emotional rates including a feeling of excitement and euphoric. Consequently, the patient may indulge in drug abuse and or unprotected sex to relieve the excitement. Depressed patients may undergo suicidal thoughts and develop a long sleeping period. Health study reveals that both women and men have a similar diagnosis for bipolar disorder. However, women diagnosis comes more like the depression rather than the manic disorder. More importantly, women diagnosis appear during the early 20s or 30s but for men may result earlier in life (Legg, 2018). Notably, men are susceptible to undergo manic diagnosis, unlike their counterparts. Thus, men di agnosed with the condition encounter severe manic episodes and tend to abuse substances such as alcohol. Additionally, men will get a diagnosis with bipolar type I, which closely relates to manic episodes while women will experience bipolar type II, a depression linked condition (National Institute of Mental Health, 2018). Of greater importance, children also diagnosis either manic or depression bipolar. Manic conditions in kids will make them behave in a silly manner and an expression of happiness. On the contrary, depressive symptoms will cause children to sleep and or eat little or too much than usual scenario. Thus, both manic and depressive symptoms seem common to children just like in the adults. In deriving a bipolar disorder, a doctor must carry out several tests to ensure the correct diagnosis from the patient. For example, the doctor will perform a physical exam which may at times comprise urine or blood test to derive a definite conclusion. Similarly, the doctor may opt to conduct mental health evaluation upon the patient to examine signs of the bipolar disorder. Another common way to diagnose bipolar is using the mood journal. It is an approach which seeks to investigate ones behavioral change including sleeping and eating habits. Once, diagnosed with bipolar disorder, the doctor administers a treatment plan which may constitute either medication, shift in lifestyle or co unseling (Legg, 2018). In summary, bipolar disorder is a lethal condition which not only disrupts ones behavior but can lead to demise if not early diagnosed and treated. References Legg, T. (2018, November 12). Everything You Need to Know About Bipolar Disorder. Retrieved from Healthline: https://www.healthline.com/health/bipolar-disorder#bipolar-in-men National Institute of Mental Health. (2018, November 12). Bipolar Disorder. Retrieved from National Institute of Mental Health: https://www.nimh.nih.gov/health/topics/bipolar-disorder/index.shtml Smith, K. (2018, November 12). Bipolar Disorder Causes. Retrieved from Psycom: https://www.psycom.net/bipolar-disorder-causes

Pro Death Penalty Speech - 1595 Words

Pro Death Penalty Persuasive Speech It is October 1978 in Oklahoma City, Oklahoma. Roger Stafford; his wife, Verna; and his brother, Harold entered the Sirloin Stockade restaurant and without any remorse or sympathy, brutally gunned down 6 people, 4 of them young teenagers.The gruesome scene depicted five bodie piled atop each other, their blood forming a slick pool that covered the floor and stained the surrounding boxes of ground beef patties and Wisconsin blue cheese. That was not Staffords’ first killings, less than a month before this trio of cold-blooded killers fatally shot a North Dakota family of three. Verna Stafford first lured the family driving in their car, pretending to be a stranded motorist.†¦show more content†¦Some are allowed to publish books while serving life sentences in prison. Many of these murderers brag about their sick crimes and some have even sent letters from prison to the victims families boasting how they enjoyed killing their loved one in gruesome detail. The family is forced to relive the crime again and again. The animals who committed a heinous crime of murder should not escape with lesser punishments and it is only logical to award him/her death penalty. Professor van den Haag, a psychoanalyst and adjunct professor at New York University had this to say â€Å"I hold life sacred, †¦I feel that anyone who takes some one’s life should know that thereby he forsakes his own† (qtd. in prodeathpenalty.com) If these killers are given life sentences or in some cases lesser jail sentences, these animals could be set free to kill again. They are a danger to society as studies have shown that 10% of people convicted of murder will indeed murder again. The victim s families and witnesses that may have testified in court live in fear of retaliation from the free murderer.Some prisoner s who are serving life sentences for murder have even escaped from prison. For example, Michael Rodriguez, sentenced only to life sentence for heinous murder, joined six other criminals in overpowering prison employees in Connolly, Texas in 2001.Show MoreRelatedPro Death Penalty Speech1482 Words   |  6 Pagesintroduce myself before we get started. My name is Slick Perry and if you didn’t already know, I am the state governor of Texas. You are all aware that we are reviewing our recidivism rate to various crimes and reviewing our stance regarding the death penalty as we approach 2009. Everyone here understands that capital punishment is a very controversial topic in the United States. In Texas, from December 1982 through August 2008, only 361 criminals of the millions of Texans in our good state were executedRead MoreCapital Punishment Is The Death Penalty Essay1504 Words   |  7 PagesDeath Penalty Pro Con Speech Introduction- What is capital punishment? Capital punishment is the death penalty. The death penalty can be dated back to the ancient times and is still prevalent and utilized today. When the topic of the death penalty is brought up it is certain to bring up a discussion and both sides of the argument are often heard. After being presented with facts, statistics and the findings, you will be better educated on the death penalty and will be able to adequately take a standRead MoreThe Death Penalty Is It A Cruel Murderer Or Just A Punishment?707 Words   |  3 PagesWhat are two sides of the death penalty?Is it a cruel murderer or just a punishment? Can not be a deterrent to crime? Capital punishment and the death penalty is the legally commissioned killing of someone as punishment for a crime. Capital punishment is used today and was used for many years to punish a diversity of offenses. Even the bible advocates death for murder and other crimes like kidnapping and witchcraft. When the word death penalty is used, it makes yelling and screaming from both sidesRead MorePersuasive Speech2117 Words   |  9 Pages                  Death Penalty: Good or Bad? Jasmine Garcia and Raymond Osuch Barry University                   Audience Analysis: Primary 1. What kind of problems run through my audiences mind? 2. What is the age range of my audience? 3. What religions do they practice? 4. Where is each audience member from? 5. How many more girls are there than guys are in my audience? Secondary 1. Why is this topic important to them?Read MoreThe Perspective On Abortion From A Utilitarian View933 Words   |  4 PagesAnalyzing the perspective on abortion from a utilitarian view is quite hot and cold. In this we weigh the pros and cons of each situation at hand. â€Å"When there are multiple choices with different utilities, or wen utilities conflict, we should always pick the greatest one.† (Weston p.151) If a person is to decide if a person be executed they must decide, which outcome is the superior one. Killing a man who is possibly innocent or keep them alive but they may not be innocent. In this situation notRead MoreKant and Mills on Capital Punishment Essay1609 Words   |  7 PagesCapital Punishment Capital punishment has raised debate in America since 1608. Both the â€Å"pro-â€Å" and â€Å"anti-â€Å" sides of the issue have strong arguments. Some believe killing is simply wrong, and violates universal human rights, others seek the only justice they deem appropriate, equal justice. I will examine the philosophies of Immanuel Kant, and John Stuart Mill, with regards to their stance on the death penalty. John Stuart Mill (20 May 1806- 8 May 1873) was born in London, England. He was a renownedRead MoreTexas Is The Lone Star State And Lessons For America1607 Words   |  7 PagesTexas has been a booming success in recent years, even weathering the Great Recession in 2007-2008. Employment growth and businesses moving to Texas because of its low taxes, pro-business environment, and limited government have contributed to Texas’s rise to the financial top. These are factors that should be considered when trying to improve the United States government and economic system. Author of The Texas Model: Prosperity in the Lone Star State and Lessons for America, seasoned politicalRead MoreDon t Get Me Started On The Death Penalty1223 Words   |  5 PagesDon t get me started on the death penalty. I for one am against capital punishment, I think it is barbaric and cruel however I can understand why some may agree with the death penalty. Punishment by death. The sentence that someone be p unished in this manner is a death sentence. The death penalty was first introduced in the eighteenth century B.C. Under the code of the death penalty twenty-five crimes were punishable by death. These crimes included adultery and helping slaves escape. RemarkablyRead MoreThe Positive Effect of Capital Punishment in Modern America1642 Words   |  7 PagesPunishment in Modern America â€Å"I don’t think you should support the death penalty to seek revenge. I don’t think that’s right. I think the reason to support the death penalty is because it saves other people’s lives† (Bush). Capital punishment is one of the most controversial topics in the American society and is also one of the topics most people feel very emotional about. Everyone feels that their views are correct because there are many pros and cons to either side. Although some people believe theRead MoreEssay about Speech Against Capital Punishment1672 Words   |  7 PagesSpeech Against Capital Punishment Good Afternoon, I am honored to be here, and I thank you for having me. Today I would like to speak to you about a very controversial issue- capital punishment. What do those two words mean to you? To most people they mean a murder victims family receiving justice for their deceased. Let me see a show of hands. How many people in the audience believe in the death penalty? I conducted a weeklong survey of two hundred people of all ages. The purpose

Chronic Myelocytic ( Or Myelogenous ) Leukemia ( Cml )

Introduction Chronic myelocytic (or myelogenous) leukemia (CML) is a rare disease worldwide 2000); however, the innovative advances and successes of CML’s targeted-molecular therapy have kept CML â€Å"at the forefront of scientific attention† (Lee 2000). Like other forms of leukemia, CML is a type of cancer that starts in the blood-forming cells of the bone marrow. In particular, CML begins in myeloid stem cells, the cells that differentiate into platelets, red blood cells, and some white blood cells (e.g., granular leukocytes). These cells undergo genetic changes that cause white blood cells to not function normally and divide rapidly. The resulting abnormal leukemia cells build up in the bone marrow and interfere with the production of normal blood cells (platelets, RBCs, and granular leukocytes). Additionally, leukemia cells move into the blood stream and can spread to other organs (e.g., spleen). Unlike acute leukemia, which progresses very quickly, chronic leukemia progr esses more slowly and can take a long time before causing health problems (American Cancer Society). According to the American Cancer Society, â€Å"one person in 55 will get CML in their lifetime in the United States† (American Cancer Society). The occurrence of the disease increases with age (average age of CML diagnosis: 64 years) and is rarely seen in children. For an unknown reason, slightly more males have CML as compared to females. The one potentially controllable risk factor is exposure toShow MoreRelatedEssay about Reseach on Leukemia2551 Words   |  11 Pagesâ€Å"LEUKEMIA† CANCER OF THE BLOOD INTRODUCTION â€Å"You have to realize that every well person is a miracle, it takes billions of cells to make up a person, and it will only take one cell to be bad to destroy the whole person†, this quote is from Barbara Bush from one of her past interviews about a daughter she lost with leukemia (Cunningham, 1988). This quote reminded me five years ago, when my niece was diagnosed with leukemia. She does not only have one bad cell inside her body but she has extra

Child Development Advocacy Report Nutrition in Pr Essay Example For Students

Child Development Advocacy Report: Nutrition in Pr Essay eschools Whats That Cookin? Advocacy Project Research Paper Far too many American children have diets that need improvements. I found a study done by the United States Department of Agriculture that indicates only 33% of 2 to 3 year olds have what the USDA defines as a good diet. I considered this a huge problem and wondered how I would make sure my children had nutritionally balanced diets if I were a parent. I set out to do some research on this issue and find out more about it. Little progress has been made as far as improving childrens nutritional status were the results on the Healthy People 2000 report card. Apparently, children are not receiving enough calcium or iron to begin with. The USDAs 1989-1991 Continuing Survey of Food Intakes by Individuals shows that children are not following dietary guidelines. The rise in obesity among children as young as 4 and 5 years old is also an alarming fact that I stumbled across. I was unsurprised when I read that a few of the top ten causes of death in the United States are cancer, cardiovascular disease, stroke and Type 2 diabetes. I was shocked however when I continued to read information from the Childrens Nutrition Research Center homepage ( www.aap. org/research/ ). According to the CNRC, those particuluar top ten killers are attributable to diet and exercise habits established in early childhood. I really began to feel the need to try to do something to improve these statistics. I can really understand and have empathy for working parents who really dont have time to sit down and plan out their childs diet. I continued to surf the web and found The Food Research and Action Centers website ( www.frac. org ). The FRAC is a leading national organization working to improve public policies to eradicate hunger and undernutrition in the United States. I discovered that, according to the FRACs survey of families, hungry children suffer from two to four times as many individual health problems, such as unwanted weight loss, fatigue, headaches, irritability, inability to concentrate and frequent colds. This was not related to the families income level. Hunger had a strong effect on childrens health regardless of the family income. I also discovered that hungry children are less likely to interact with other people or explore or learn from their surroundings. This makes it difficult for them to learn naturally. According to the Tufts University Center on Hunger, Poverty and Nutrition Policy, evidence from recent research about child nutrition shows that, in addition to having a detrimental effect on the cognitive development of children, undernutrition results in lost knowledge, brainpower, and productivity for the nation. I found it hard to believe that in the United States, one of the most powerful countries in the world, we arent even feeding our children nutritionally balanced diets. As I thought about what I could do to try to improve these statistics I thought back to how I would feed my child if I had one. I began to come up with an idea to make a special kind of menu for parents. One that would tell them what they needed to feed their child for dinner after picking them up from a child care program that provided the rest of the childs meals. I decided to try out my idea at MPCs Childrens Center. I obtained the menus for the month of May from Cathy, the program director. I studied the menus and used the USDAs Food Guide Pyramid for Young Children to make a dinner planning helper for parents. I made a menu for the month of May to go along with the usual ones the school hands out to parents. In the calendar boxes, I put the food groups and how many servings the child needed in the rest of the day from each food group to balance their diet. I took the research above and presented it to Cathy along with my menu. American Scholar Reflection Essay She gave her approval of my project and allowed me to put up a display in the entry way of the center advertising my project and new menu. I then made copies of the menu and put .

The American Dream-There are no children here free essay sample

â€Å"Over the years, as the economy declines, the number of Americans living month to month has soared. At this point millions of Americans are living without any financial cushion whatsoever. If you can believe it, a recent survey in 2010 found that 28% of all Americans do not have a single penny for emergencies. Another survey found that 42% of Americans are living from paycheck to paycheck† stated an article on the blog, End of the American Dream. To me, the American Dream means one has the ideals of freedom, equality, and opportunity traditionally held to be available to every American. Recently the American Dream has been hard to achieve because of factors such as poverty, gangs, drugs and crimes. Many young Americans also drop out of school at a young age to either support their own children or help support their families, which makes it more difficult to achieve the American Dream due to a lack of money and education. In There are No Children Here, by Alex Kotlwitz the characters have a difficult time achieving the American Dream because they become young parents, abuse drugs, and become involved with gangs. One reason it is difficult for characters in this book to achieve the American Dream is that many of them are becoming parents as a young teen. Lajoe Rivers, mother of Pharoah, Lafeyette, and 5 other children, financially supports her family alone, with occasional help from the government and her husband, Paul. Lajoe struggles to provide adequate food and clothing for the children, usually living month to month on the money she receives from financial aid, but manages to get by with the help of financial assistance. Lajoe’s financial struggles are partly a result of her becoming a teenage parent. For example, many characters, such as Lajoe, had their first child at age 14, eventually having large families that would be rather difficult to support even for a middle class family with two parents, let alone a single mother on welfare. Many of these young parents drop out of school to take care of their children, ensuring the poverty cycle will continue. Another character that shows becoming a young parent makes is difficult to achieve the American Dream is Dawn Anderson. Dawn is the second member of the entire family to graduate from high school. Although Dawn graduated from high school, Dawn had four children by the age of 18. Because of this, her boyfriend, her children, and her were not able to move out of Henry, after graduating, because they used the money, along with financial assistance and food stamps, for food and other necessities. Also, because they didn’t have money they were forced to postpone getting married, â€Å"Neither had a job, so they couldn’t afford the money for rings or for a wedding†(244). Having children at a young age makes it more difficult to achieve the American Dream because most teenage parents drop out of school to support their children, which leads to a lack of education. Having not been fully educated makes it very difficult to find a job and to make it possible to achieve success and opportunity. In addition to becoming a young parent, many people in the book also abused drugs and alcohol, which makes it nearly impossible to achieve the American Dream. Drugs in Chicago at this time were extremly appealing to young children. Some teenagers and adults in housing complexes such as Henry Horner did drugs to fit in, while other used drugs to escape from poverty and the violence. Many people, like Paul, blew their earnings on alcohol and especially drugs. Paul, the father of Lafeyette, Pharoah, and their siblings, â€Å"†¦began to dabble with drugs in the early 1970s, shortly after they [Lajoe and Paul] were married. He already drank and, in fact, avoided being sent to Vietnam by purposely arriving at his draft board inebriated†(82). Because Paul arrived at his draft board meeting intoxicated, he took that opportunity away from the family. If he would have been sent to Vietnam his family would have had benefits and possibly been better off. Another example of drug abuse is shown through Lashawn, Lajoe’s oldest daughter, â€Å"†¦who worked as a prostitute from time to time to support her drug habit†(12). Instead of using the money from work, or prostituting, for her family, Lashawn used the money for drugs. Lashawn and her three children ended up moving back into Lajoe’s house because Lashawn wasn’t able to support her family on her own, even with the help of welfare. Drugs can get in the way of achieving the American Dream because many people waste their money on them, rather than using to benefit the family. Along with abusing drugs and becoming a young parent, it is difficult for the people in this book to achieve the American Dream because they become involved with gangs at a young age. At first the concept of joining gangs is quite attractive. According to Lafeyette, â€Å"When you first join you think its good. They’ll buy you what you what†(31), however, â€Å"You have to do anything they tell you to do. If they tell you to kill somebody, you have to do that†(31). Once a person joins a gang, they are locked in. Many times, gangs take over the lives of children and turn them down the wrong path, dropping out of school, becoming young parents, selling drugs, doing drugs. One character who was gang involved in There are No Children Here is Jimmie Lee. Jimmie Lee was a gang leader who held absolute control over Horner. Jimmie was the leader of a local gang, the Vice Lords. Because Lee sold drugs, he was sent to prison for 30 years. Lee and two other women had been charged with possession of sixty-nine grams of heroin, which had an estimated street value of $7500. It is not uncommon for gangs to be involved with drugs because selling drugs is an easy was to make a lot of money. Gangs are the main reason for poverty because within gangs drugs are sold, and within gangs violence occurs. By the end of the summer, â€Å"†¦the police would record that one person every three days had been beaten, shot at, or stabbed at Horner†(32). Not only is the American Dream harder to achieve for people in gangs, but gangs also make it more difficult for the good citizens to achieve it because everyday they face the risk of getting killed or injured. In There are No Children Here, the American Dream is hard to reach because children become young parents, people abuse drugs, and become involved with gangs. Becoming a teenage parent makes it rather hard to achieve the American Dream because all of your money and attention goes toward you child. Most of the time, teenage parents are forced to drop out of school so that they are able to take care of their children. Drug abuse also makes it difficult to achieve the American Dream because much of the abuser’s money goes toward buying drugs. Also, many of these issues are tied together; becoming involved with gangs usually leads to selling drugs or drug abuse, which later leads to violence within the drug distribution. In order to prevent and control teenage pregnancies, drug abuse and gangs, I believe sex-education should have been taught in school along with educational classes on drugs and their effects. Also, I believe rehabilitation centers should have been provided for everyone, for free. Teaching about sex and drugs in school would better educate the children and possibly decreased the number of teenage parents and drug users. Creating a rehabilitation center that was available for anyone would have also decreased the number of drug users. The American Dream is by no means easy or even possible to achieve for any American. In order to obtain the ideals of freedom, opportunity and equality, you must work hard and stay focused on the important things in life: education and family.