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Current Macroeconomic Situation
Current Macroeconomic Situation
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Part 3, Omnivore’s Dilemma
While the author is much interested in mentioning the read, his argument does not seem to augur well with what he preaches. Most of his writings were pointing away from the bread. However, he tends to preach more the meat and actually goes to actualize the meat diet just as Atkins diet recommends. However, personally am a fan of the Atkins meat diet, I must admit that I do not know how it works. For example, i fear that the Atkins diet only recommends taking meat but does not convince one on the reasons for the preference. The argument that of one takes only eat and no pasta or read, one is likely to lose weight. I think the argument is that the pasta and bread only add up to carbohydrates.
The Atkins diet suggest eating meat only and no bread, I think there is a lot of other risk associated with a lot of protein. Dr Robert C. Atkins may have , have invented the Atkins diet, nut I must question how it happens that people still prefer taking sliming pill or other fad diets. Though this may be the best diet, it does not make sense because; people need energy as source of energy boosters. Fat and sugar and sources of energy, but the Atkins diet fails to recommend them. Perhaps the argument fails to consider the fact that carbohydrates are not the main cause of weight gain
There are many types of foods that people think contribute to the overweight, this feeling is true but it is just how much and how often one takes them. For example, fast foods contributes significantly to overweight especially if one consumes them more often and on a daily basis; on the other hand, irregular consumption of fast foods do not have much effect on the body as fast as weight gain is concerned, it is just important to consider consuming recommended quantity of such foods. Based on the above argument, it is healthy to argue that the omnivores argument is wrong as not all foods contraindicated by the omnivores are bad. In fact, all those foods have well for health and they contribute to a healthy you. It is also imperative to note that the countries that the omnivores argue to have a positive diet have overweight people, and if the omnivores thinks slimmer is healthy, I am a little confused because that is not what healthy means
Having read Rousseau’s, a lot seems to be misplaced because the information does not add u at all. For example, most of the works are borrowed from other texts and this does make Rousseau an expert. Additionally, his argument is not sounding like those of an expert. Rousseau, introduces the consumption of mushroom and does not come clean where mushroom fits in. for one, he mushroom is a vegetable that is relatively harmless but harmful if the wrong specie is taken. The fact that most of the text in these books does not make them authors because nothing in these books are original content but other people works. This only makes their work vague. There is also the feeling that their work is mainly commercial because there is a lot of reference to the availability of the foods in supermarkets. This may be marketing gimmick. There are many mistakes in ignorance, for example, people tend to each whatever they come across without knowing the consequences of their diets and this may not be easy to change considering that, they are ignorant. People will easily eat what they want as long as they can afford these foods. It is just ingrained in the mind of people to eat what they desire and this may not be easy to change
As the supermarket is Commercial entities, they are much into business and are focused on profitability. Most supermarket are only sell the products brought by their suppliers are may not be interested in knowing how their foods contribute to the health of their customers. Therefore, it is the duty of the customers to determine the nutritional contents of the foods that the supermarkets sell to them. The customer needs to take responsible for their health. It is advisable for the consumers to realize that there are also consequences related to the foods they consume. For example, these who prefer eating lot of meat and those whom prefer not to take meat are better be careful for as the alternative foods that they eat may have impact on their lives
Should be responsible for the consequences of eating a fad diet.
Conclusion
Food is important for life but the right diet is important for health, therefore, it is important for people to know the dietary value of the foods that they consume. Additionally, fast foods are relatively harmful for health depending on the frequency and the quantity of food consumed. The Atkins diet of meat only is good but there are consequence related to lack of carbohydrates in the diet, therefore Atkins diet is not advisable.
Current Events Project, Changes in the Country
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Current Events Project, Changes in the Country
Since The cold war China since has had a variety of changes especially during the period between 1991 and 2011 (Chang & Halliday “Mao: The Unknown Story”). The changes range from economic, gender, governmental and social changes. First, in terms of trade and economy, China has experienced a myriad of changes. Since the cold war china has gained in terms of its relations with Germany, its key trade partner. For instance it is reported that the leadership of both countries have had a good relationship whereby they have been making visits between these countries (Jian “Mao’s China”). China however adopted communism following in the footsteps of the Soviet Union and has persisted with this system of governance since the second world war.
These visits were mostly reported during the period between 1993 and 1998. From these relations, china have benefited immensely as it has a ready market for its products and goods. China additionally benefits from the relations with Germany by getting the latest technological advancements. For instance, the trade volume between china and Germany by 2008 was above 100 billion US dollars in terms of governance, china is believed to be using the authoritative style of government. The country is controlled by only one party. This is believed to be the cause of the oppression of the people since the freedom of expression is curtailed. The government is thought to be oppressive in that; it limits judicial independence, has no press freedom and has no due regard for human rights. As regards the issues of gender and sexual orientations, the Chinese government slapped a ban on gay and homosexual tendencies in 1997 (Oxford Journals “China’s Policy”).
But, in 2001, the government stopped the classification of homosexuality as mental problem. Despite this advancement, the homosexuals continue to experience a lot of discrimination. First, they are not allowed to adopt children. Secondly, their relationships are not recognized by the law enforcers. Additionally, the Chinese government is ill prepared as regards that taking care of people with disability. For example, by September; the government still had the restriction of not employing teachers who are disabled physically. Additionally, there have been cases of kidnap and trafficking of people with mental disabilities in china. This case was in September. Furthermore, this human rights abuse and social discrimination was also reported in 2007 (Human rights watch “World Report 2012”). This is a clear indication that when it comes to gender roles and certain societal changes, China still seems to be lagging behind.
2.Current Event
There have been many events in china that are related to curtailing of freedom of expression by the country. For example in 2011, the government openly violated the right of expression by restricting the use of internet by journalists and bloggers. Through the state media, the government ordering for the censorship if all content that is believed to be offensive or sensitive to the state. For instance the country does not allow access to Facebook, twitter and other social sites. Additionally, the government restricted the access of information about Egypt’s uprising in January, on all the sites. Furthermore, in august, the government threatened to fine all the people or blogs that were running the story about the July Wenzhou train crash. In august, the court also sentenced 30 journalists who were believed to behind the exposure of corruption in government at the Shandong province. The problem of media being censored has for long threatened the journalism profession in china. For example in May, a journalist was demoted for his criticism on the government during the earthquake response in Sichuan. Additionally, the journalists face the ever increasing threat of being exposed to physical violence as evidenced by the assault of the journalists who declined to erase the photos taken on the stabbing incidence (Human rights watch “World Report 2012”).
Works cited
Chang, Jung & Jon, Halliday. “Mao: The Unknown Story”. New York. 2005 Print.
Jian, Chen. “Mao’s China & the Cold War”. Chapel Hill, NC: The University of North
Carolina Press, 2001 Print.
Human rights watch, World Report 2012: China. Human rights watch. 2012 PDF file.
Oxford Journals. “ China’s Policy in the Post-Cold War Era. Chinese Journal of
International Politics. Volume 2, Issue 2.Pp. 229-261. 2008 print.
Current Events Paper, IS-LM model typically used in macroeconomics
Current Events Paper, IS-LM model typically used in macroeconomics
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Economics
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11 July 2012
The essay examines at least three publications both online and offline, directly linked to the IS-LM model typically used in macroeconomics. The chief aim of the essay is to analyze one the current economic issues using the IS-LM model.
IS-LM is typically used as an acronym in the macroeconomic theory whereby the IS curve represents investments and savings. The latter refers to the amount that individuals save out of income after incurring their consumption expenditure. In line with this, savings represent the income that is not consumed but rather kept in a bank so as to earn an interest. Economists believe that savings and interest rates are highly correlated. On the other hand, investment refers to the addition to the nation’s physical stock of real capital assets. The LM curve represents the liquidity preference and the money available for investments3.
In short, the IS curve shows combination of interest rates and output that clear the goods in the market during the short run period. This means that the spending by both the government and the consumers equals to the total production in the economy. Consequently, the LM curve demonstrates all combinations of incomes and interest rates that bring about equilibrium between the money supply and the money demand.
The IS-LM curve could be used to analyze the economic problems that face several countries. The writer of the essay examines the economic problems facing Sudan, a country adjacent to Kenya. After a close examination of the market information in Sudan, it was realized that the price levels have of late skyrocketed and thereby forcing the policy makers to device ways of correcting the situation. Due to increased prices of virtually all commodities in the market, there has been a huge deficit in supply thereby bringing a shortage of commodities in the country. As a result of the shortage, both consumer’s and government’s spending have radically increased and the aggregate demand is no longer equal to the total supply.
Economists think that by use of the IS curve, various combinations of interests and outputs can be set so as to bring about an equilibrium between the demand and supply. With increased interest rates, the investment levels are significantly reduced hence the aggregate demand in the country. As a consequence of continuous increase in interest rates, the aggregate demand falls and finally equates to the supply in the economy. In this case, the prices of commodities also fall and consequently, the inflation level1 .
On the other hand, the money stock in the country is quite large and this has in fact, led to high inflation levels in the country. It is surprising that the country’s inflation level stands at 70 percent which has significantly affected the value of the country’s currency. In relation to the US dollar, the country’s currency has really depreciated and economists think that something needs to be done to help reduce the alarming rates of inflation2.
Indeed, the policy makers are pretty sure that the galloping inflation rates will be reduced, if proper economic measures are put in place. In this case, the LM curve model could be very effective in correcting the disequilibrium that subsists between the money supply and money demand. As indicated above, the LM curve is used to show the various combinations of incomes and interest rates. Perhaps, the policy makers in the country need use effective monetary and fiscal policies to help achieve the equilibrium between money supply and money demand4 .
However, the policy makers in Sudan could combat these problems by prudently applying both the fiscal, as well as monetary policies in the country. In line with this, the Sudanese government has imposed measures to curb excess liquidity and at the same time the deficits in the economy. Such measures include increasing the bank interest rates for the borrowers and at the same time encouraging savings so as to reduce the money supply in the economy.
Besides, it is also possible to reduce the money supply, in the economy, by increasing the cash reserve ratio for banks which will inevitably reduce the supply of money available for lending in virtually all commercial banks, in the country.
Further, the Central bank could increase the interest rates which will in turn discourage investments and consequently increase the marginal propensity to save while, on the other hand, lowering the marginal propensity to consume by the residents in the country.
With such measures, the Sudanese GDP in the country will equate to spending by both consumers and the government. On the other hand, the measures will bring about equilibrium in money supply and money demand hence stability in the economy.
Consequently, a stable economy will ensure that investments are increased hence more output in the economy. With increased output, the prices of basic commodities lower hence the living standards in the economy. When the inflation rates reduce, the production costs of the various goods also reduce, and this encourages domestic production thus economic development. In line with this, the surplus commodities could be exported to other countries hence increasing the export revenues and hence the terms of trade within the country. In addition, the Gross National Product increases due to an increase in the net export3.
In conclusion, it is crystal clear that the IS-LM model could be used to indicate the various equilibriums necessary for economic stability. This could be done by using the IS curve that equates production and consumption within the economy as outlined.
Consequently, the LM curve could be used to indicate the desired equilibrium level in money supply and money demand by controlling the incomes and the interest rates prevailing in the economy.
As outlined above, the equilibrium in production and consumption brings about stability in the economy such that all the commodities produced in the economy are demanded by the residents of a country. In addition, it is necessary to control the money supply in the economy so as to curb inflation levels within the economy. This could only be done by ensuring there exists equilibrium between money demand and money supply.
Work Cited
FAO. Inflation in Sudan. 07 02, 2012. www.fao.org/es/esc/prices (accessed 07 13, 2012).
N.a. Air Defence: Aegis gets better. 07 06, 2012. http://www.strategypage.com/htmw/htada/201220705.aspx (accessed 07 13, 2012).
Nordhaus, Samuelson. Economics. New York: McGraw-Hill, 2008.
Weepana, Akila. IS LM Curve. 07 22, 2004. www.wellesley.edu/economics/weerapana/econ213/econ213pdf/lect213-08.pdf (accessed 07 09, 2012).