Friday, May 22, 2020

Study On Efficient Market Hypothesis Finance Essay - Free Essay Example

Sample details Pages: 7 Words: 2096 Downloads: 5 Date added: 2017/06/26 Category Finance Essay Type Analytical essay Did you like this example? Efficient Market Hypothesis (EMH) is the theory behind efficient capital markets. An efficient capital market is one in which security prices reflect and rapidly adjust to all new information. The derivation of the EMH is mostly credited to the work of Fama. Don’t waste time! Our writers will create an original "Study On Efficient Market Hypothesis Finance Essay" essay for you Create order In 1965 the doctoral dissertation written by Fama was republished. In this Fama looks at the current literature on stock price behaviour and examines the distribution and dependence of stock price returns. He concluded that, it seems safe to say that this paper has presented strong and voluminous evidence in favour of the random walk hypothesis. Due to a better understanding of price formation in competitive markets, the random walk model was now seen as a set of observations that can be consistent with the efficient markets hypothesis. This switch began with observations published in a paper by Samuelson in 1965. Samuelson presented his proof in the general form, which helped in the understanding of the notion of a well-functioning market. His paper had the observation in competitive markets there is a buyer for every seller. If one could be sure that a price would rise, it would have already risen. Samuelson stated that arguments like this are used to deduce that competitive pri ces must display price changesthat perform a random walk with no predictable bias. Following on by the work done by Samuelson, as mentioned in the previous paragraph, a paper was published by Fama in 1970. This paper consisted of a comprehensive review of the theory and evidence of market efficiency. He defined an efficient market as one in which trading on available information fails to provide an abnormal profit. This paper was one of the firsts to distinguish between the three forms of market efficiency. The three forms of market efficiency are the weak form, semi-strong form and strong form. He concluded that the results are strongly in support of the weak form of market efficiency and that in short, the evidence in support of the efficient markets model is extensive, and (somewhat uniquely in economics) contradictory evidence is sparse. I will now summarise some papers that have been written on the criticism of the EMH. Although there has been a vast amount of literature published on the development and the support of the efficient market theory, there has also been various studies published criticising the EMH. This criticism comes about due to the fact that the EMH is difficult to test. A number of studies indicate anomalous behaviour, which appears to be inconsistent with market efficiency. Such anomalies include the small firm effect as talked about in a paper by Banz in 1981. Banz analysed monthly returns over the period 1931-75 on shares listed on the New York Stock Exchange. Over this interval, the fifty smallest stocks outperformed the fifty largest by an average of one percentage point per month, on a risk-adjusted basis. After the publication of this paper, many other authors published their own papers examining the subject of the small firm effect. A paper by Ball in 1978 points out that the evidence could equally indicate the shortcomings of the models of expected return. A paper by Fama in 1998 concludes that further study should not be done on developing behavioural based theories of stock markets that take into account the apparent anomalies, but that search for better asset pricing models should take president. There is also the area of behavioural finance that criticises EMH. I will look at this in more depth in the next section. Market Bubble While the EMH is generally regarded as the best theory that can describe the actions of market prices it is not perfect and sometimes events occur that contradict the EMH. One of these events is that of the bubble. A bubble is when a specific industrys market prices do really well, so well that prices seem to rise higher than the EMH dictates. Eventually, the bubble bursts and prices return to a price more in line with EMH. One famous bubble was that of the dot.com bubble. EMH does not explain why this bubble exists in the first place. This is one of the major criticisms of the EMH. Many academics have turned to the relatively new theory of behavioural financ e to explain the bubble. Behavioural Finance One area that has recently undermined the EMH is the work published looking at behavioural finance. As observed by Shleifer (2000) At the most general level, behavioural finance is the study of human fallibility in competitive markets. Behavioural finance incorporates elements of cognitive psychology into finance in an effort to better understand how individuals and entire markets respond to different circumstances. Behavioural finance is based on the principle that all investors are not rational. Some investors can be over-confident, while other less knowledgeable investors might be prone to herding effects. Shefrin (1999) was one such author to talk about behavioural finance. He is one author who argues that a few psychological phenomena pervade the entire landscape of finance. Harrington (2003) agrees with the notion that overconfidence can lead to irrational behaviour. She states that investors can become irrational and their ir rational behaviour affects their ability to profit from owning stocks and bonds. Of course, behavioural finance does have its draw backs. One of which is the fact that using instincts alone can result in a loss. This is due to human error. The person that is using their instincts in determining where to invest might not have the greatest financial knowledge in the first place. Also, this person might be having a bad day or be under a great deal of stress or be distracted in some other way. This could result in the wrong decision being made. Therefore, it is a good idea to use both behavioural finance on top of the traditional theories already in use today. This view is supported by an article by Malkiel (1989) who agrees with the notion that behavioural aspects have a great importance in stock market valuation. He argues that behavioural factors play an important role in stock valuation alongside traditional valuation theories. This is summed up by the following quote, market val uations rest on both logical and psychological factors. The theory of valuation depends on the projection of a long-term stream of dividends whose growth rate is extraordinarily difficult to estimate. Moreover, the appropriate risk premiums for common equities are changeable and far from obvious either to investors or economists. Thus, there is room for the hopes, fears, and favourite fashions of market participants to play a role in the valuation process. Another article from the Banker (2004) also supports the view that behavioural finance has a role to play alongside the traditional views. In this section I will look at literature that tries to see if behavioural finance can explain this bubble. Many authors have argued that bubbles can be caused by over enthusiasm. For example, the new communication technology of the 1990s was exaggerated (causing the dot.com bubble). By this I mean that the new innovation is by some corners, i.e. the media and governments, over triumphed. Th is can lead to irrational behaviour of investors. This can lead to investors becoming over confident in the technology or industry. Another factor of this over enthusiasm is that it could attract herding behaviour. The irrational investor will be more likely to invest in something that is being hyped up as they feel that others are doing the same thing. They will feel that if others are doing it then it must be a good idea for them to do it as well. A factor that will have led to the development of a bubble is that of speculation. One such author that observed the speculation effect on the dot.com boom was Giombetti (2000). Many informed investors would have probably over invested in a specific industry going against market theory. They will have done this on the hope that their investment will pay off. Even if their investment were initially at a loss they would have stayed with it. Authors of behavioural finance outline this behaviour. This behaviour of these investors would have distorted the market conditions for other investors. Also, the herding effect would have been greater due to this. These factors would have led to the stock prices of a certain industry being vastly over priced. This would, therefore, cause the bubble. This bubble that has been created will, in turn, attract other investors. These investors will invest as they feel they are missing out on a good thing. This is another example of herding. This meant that when the bubble burst stock prices would have fell rapidly, causing investors to lose vast sums of money. This would cause them to pull out of the industry, which, in turn, causes the companies themselves to collapse. If it were not for irrational investment then investors might have pulled out earlier, before the collapse. This might have even meant that the collapse would not have happened. Other authors talk about some of the factors that cause investors to become irrational. On such author are Johnsson, Lindblom and P latan (2002). In their masters dissertation they talk about the various factors of irrationality. One of these is the observation that investors will hang on to losing shares longer than market theory dictates. They say that this is because they are waiting for the performance of the share to change for the better. This is referred to as loss aversion. This is an example of a psychological factor that is effecting the investment decision. Back to: Essay Examples Another psychological factor that affects investors, causing irrational behaviour is that of the feeling of regret. Authors argue that past bad decisions cause investors to feel regret and this alters their behaviour in such a way as to become irrational. Another factor that causes irrational behaviour is that of when the investor uses mental shortcuts in investment decisions. These shortcuts usually make investors choose the right decision but occasionally cause the investor to make the wrong decision. Optical illusions are a good example of how shortcuts can cause mistakes. A paper on www.undicoveredmanagers.com is one such paper that covers this point. Of course there are many authors who do not believe in the theory of behavioural finance. These authors argue that traditional financial theory can still be used to explain current market conditions. One such author is the person credited with the idea of the efficient market hypothesis, Eugene Fama. Fama (1998) argues that anomalies can be explained by traditional market theory. He argues that, apparent overreaction of stock prices to information is about as common as under-reaction and he suggests that this finding is consistent with the market efficiency hypothesis that the anomalies are chance events Other authors have argued that behavioural finance is only a study of individual investor behaviour. They argue that this theory has not been proven on a market wide scale. The tradition theories of finance have been. References www.UndiscoveredManagers.com (1999) Introduction to Behavioral Finance Ball R. (1978) Anomalies in Relationships Between Securities Yields and Yield-Surrogates, Journal of Financial Economics, 6, pp. 103-26. Banz R. (1981) The Relationship Between Return and Market Value of Common Stocks, Journal of Financial Economics, 9, pp. 3-18. Fama E. F. (1965) The behaviour of stock market prices, Journal of Business 38 (1), 34-105. Fama E. F. (1970) Efficient capita l markets: a review of theory and empirical work, Journal of Finance 25 (2), 383-417. Fama, E. (1998a). Efficiency survives the attack of the anomalies, GSB Chicago Alumni Magazine, (Winter):14-16. Giombetti R. (2000) The Dot.com Bubble. www.EatTheState.org Vol 4, Issue 23 Harrington C. (2003) Head games: Helping quell investors irrational antics. Accounting Today, v17 i11 p5(2) Johnsson M., Lindblom H. Platan P. (2002) Behavioral Finance And the Change of Investor Behavior during and After the Speculative Bubble At the End of the 1990s Malkiel B. G. (1989) Is the stock market efficient? Science, v243 n4896 p1313(6) Samuelson P. (1965) Proof That Properly Anticipated Prices Fluctuate Randomly. Industrial Management Review, 6, pp. 41-49. Scholes M. (1972) The Market for Securities: Substitution Versus Price Pressureand the Effects of Information on Share Prices. Journal of Business, 45, pp. 179-211. Shefrin H. Beyond Greed and Fear. (1999) Understanding B ehavioral Finance and the Psychology of Investing. Harvard Business School Press Shleifer A. (2000) Inefficient Markets. An introduction to behavioural finance. Oxford university Press The Banker (2004) Cover feature: how much risk can you manage? Banks have a huge range of resources available to aid risk managers, but human nature can still result in a bad decision. Behavioural finance and prospect theory lifts the veil on poor investment judgement

Tuesday, May 19, 2020

Reform by Destruction The Black Death Essay - 914 Words

As the residents of Europe conducted their activities of daily living during the mid-fourteenth century, they had no knowledge of the fate that they were to succumb to. Twelve Genoese trading ships docked at the Sicilian port of Messina after venturing through the Black Sea. Those that were waiting at the dock for the sailors believed that all was well. However, they were proved wrong (â€Å"Black Death†). Not only were the ships carrying cargo; with it, they carried a silent pestilence. This pestilence had already taken the lives of many on the ships, only to leave those who remained gravely ill. Not only did they exhibit delirium and excessive vomiting, the sailors also had mysterious black boils enveloping their bodies. Those boils oozed a†¦show more content†¦Without compensation, they refused to work any longer. This caused the nobility to finally realize that with such a high demand for these workers, they had to pay them. In addition to their newfound freedom and pay, peasants could now purchase their own land (47). This was a major change in the system of feudalism. The world of the nobility was forever upturned (47). In addition to structural changes, the Church changed as well. It altered by losing its prestige and power. Due to this, people began to question why the Church could not receive forgiveness (Marks 133). As a result, the authority of the church began to e rode and the Church began to weaken (Bill 46). Faith was no more, and the Church was no longer infallible. Some believe this single change was the most vital influence on the future of Europe (Marks 133). Psychologically, people who survived were numbed by shock. Every man had to be selfish in his actions. In the words of de Chauliac, â€Å"Father did not visit his son, nor the son his father. Charity was dead and hope was crushed† (Marks 99-100). Those who were not yet afflicted by the Black Death took refuge in groups. Some even went as far as to secluding themselves from all but the members of their group. Alternatively, others lived their lives to the fullest extent in various ways (100). Contrary to those groups, some even took flight and migrated elsewhereShow MoreRelatedThe Past Occurrences Of African Americans1202 Words   |  5 Pagesthe slaves would inevitably be overpowered with each attempt, resulting in failure. They knew if they were to ever be freed from slave ry, it would need to by other means. After the realization that fruitless violent rebellions accomplished nothing, Blacks in America turned to political methods to dissolve slavery. Frederick Douglass, a prominent former slave, conveyed the message of ending slavery out of moral necessity. He and other abolitionists worked to inject their ideologies among the AmericanRead MoreHigh School Around The United States Is Debate Essay1593 Words   |  7 Pagesthe access to anonymity because of the black aesthetic. This means using state action allows for whiteness to remain invisible and renders blackness as an attractor to violence and has a continuous cycle of gratuitous violence that Wilderson says is inherently bad. It is called Afro-Pessimism because Frank B. Wilderson III doesn’t believe that materiality change means anything for the black body i.e. black people. This creates an illusion of hope for black people, which is inherently false underRead MoreThe Black Natives By Arthur Jarvis1449 Words   |  6 Pages Just as the natives are overwhelmed by fear, the whites are also affected, but in a different manner than the black natives. The white people fear that the Natives will take back their land and get rid of the whites. The whites oppress the natives in order to curb that fear, controlling Crawford 6 them and making them bend to their will. In South Africa, the imperial whites have taken over everything in the country, in essence capturing the natives. The natives are suppressed with low paying andRead MoreThe Destruction Of The Mongols Across Afro Eurasia And The Black Death1113 Words   |  5 PagesThe destruction of the Mongols across Afro-Eurasia and the Black Death were the factors in which prompted the creation of the three important Islamic states. The three newly formed empires were the Ottomans, Safavids, and Mughals and they controlled regions from Southern Europe to the northern part of India. According to Pollard, â€Å"by the mid-sixteenth century the Mughals controlled the northern Indus river valley; the Safavids occupied Persia; and the Ottomans ruled Anatolia, the Arab, world, andRead MoreEssay on Analysis of Ode to the West Wind1129 Words   |  5 Pagesfrom the flamboyant language used in the opening lines of the poem that Shelley is not just writing about t he seasons or the weather. The themes of the poem are Shelleys own fear that he is losing his abilities as a poet, his belief in political reform and social justice and his spiritual emptiness. Shelley was still reeling after the Peterloo massacre when he wrote this poem and the forces of nature used as imagery reflect the strength of his feelings. The poem begins with a vivid descriptionRead MoreReforms of Diocletian1268 Words   |  6 PagesDiscuss the reforms of Diocletian. What were they, why did he think they were necessary, what impact long and short range. Be sure to include comments regarding dominate, tetrarchy (not year of 4 emperors), edict of Prices (Bailkey Lim) and Xp (Christians). Diocletian affects greatly the modern world. End of antiquity was around 9th century. Diocletian brought an end to the period popularly known to historians as the Crisis of the Third Century (235–284). He established an autocratic governmentRead MoreThe Slavery Of The United States1545 Words   |  7 Pagesslavery into the western territories, arguing that free men on free soil comprised a morally and economically superior system of slavery. Free Soil and Free Labor arguments became more public. Document I displays a street poster that encourages free black people in Boston to avoid police offers who may have been ordered to catch escaped former slaves and return them to slavery. The fugitive slave laws were laws passed by the United States Congress in 1793 and 1850 to provide for the return of slavesRead MoreBrief Information on Different Topics: Opium War, Taiping Rebellion, British Raj942 Words   |  4 Pagesto create a new society. 2. Tanzimat Reforms (1839-1876) The Tanzimat were a series of reforms in the Ottoman Empire that brought the culture, education, religion and society more in line with Europe and the United States and western ways. During these reforms, Chinese military was influenced by western uniforms, education was done in western systems, politics took on a western influence and society experienced westernization. In the end the reforms brought the end of the traditional OttomanRead MoreDemocratization Of The United States936 Words   |  4 Pagesof all blacks and women did not vote. However, the southern states white regime through various means, deprive blacks the right to vote, the main use of the poll tax, culture tests, grandfather clause will limit blacks and whites preselected to participate in elections, to vote again on the law in fact blacks were deprived. Meanwhile, the racists of the South, but also the use of violence, to strengthen the role of the legal limit, they often use intimidation, destruction of property, blacks, and evenRead MoreJudaism : The Religious Life Of Israel1590 Words   |  7 Pagesand Jacob and Leah, Zilpah and Bilhah, and Isaac and Rebekah. Orthodox Judaism is the stric test commitment to the traditional beliefs and traditions of all the Jewish observances. It originated in response to the Jewish practice introduced by the Reform movement. Orthodoxy asserts that both the The Torah, which is the first five books of the Hebrew Bible, and the Oral Torah, which is the interpretive Talmud are authoritative regarding observance and Jewish doctrine, instructing modern Orthodox Jews

Sunday, May 10, 2020

A Fools Handbook to Nutrition Argumentative Essay Topics Revealed

A Fool's Handbook to Nutrition Argumentative Essay Topics Revealed The New Angle On Nutrition Argumentative Essay Topics Just Released Our crew of essay writers works with any types of academic papers for many decades. Writers will not only be in a position to aid you with your expression and grammar, but in addition with the overall structure of your dissertation. Our writers are highly competent so you are able to place your order for any custom essay with no hesitation. Professional essay writers at 5staressays can help you, in case you're looking for specialists to guide you. Thesis Statement Thesis statement holds a great deal of importance in any sort of essay writing. Relevant Topics that are related to your society will engage the reader in the most effective possible way. Argumentative essay examples are the very best way to approach your essay. Persuasive essays are a fantastic method to encourage the reader to check at a particular topic in a different light. Argumentative essays are a few of the best that you can write as a student. An argumentative essay is a certain sort of academic writing. All persuasive essays are like argumentative essays. College is for a high degree of study. Students ought to be permitted to pray in school. Complex subjects can get rather harmful. The Importance of Nutrition Argumentative Essay Topics Facts, finally, will always win out against how folks are feeling at a specific moment. While making an argumentative essay you have to explore either side of the subject and finally, you will need to prove why one of them is the most out of the two. At times you might require some expert help with argumentative essay topics. Argumentative topics can be a number of the widest-reaching essay assignments on Earth. It's important to select debatable argumentative essay topics since you need opposing points that you could counter to your own points. Provided that you're genuinely interested in this issue and have some excellent comprehension of the matter, you can choose the topic for the argumentative essay. Therefore, the topic needs to be debatable! Your topic has to be clear and understandable. Quite frequently, the ideal topic is one which you truly care about, but you also will need to get well prepared to research it. When it has to do with writing an argumentative essay, the most significant point to do is to select a topic and an argument you could really get behind. It's not sufficient to select a topic which everybody agrees on. You may want to take an excellent argumentative topic that's currently a popular issue or one that has adequate relevance in todays times. There are a lot of intriguing topics that could be become a persuasive essay if you take the opportunity to think about doing it. Be sure that you can contact us even for smaller questions. Conclusion when you are done placing all of your information in the body paragraphs, it's necessary for you to compose a conclusion. It is crucial to select a great topic as a way to compose a good paper. Understanding how to compose a strong argumentative paper will help you advance your very own argumentative thinking. The thesis statement also needs to be restated in conclusion. Argumentative essay is a type of academic paper that demands profound understanding of analyzed problem and a huge collection of personal opinions and facts. An excellent argumentative essay is an essay in which a student is equipped to present her or his views in an effective and convincing fashion, taking the assistance of argument for a vehicle for delivering the last conclusion. The topic is just one of the most crucial deciding factors which will have an influence on the results of the grade of the essay. For the very first part, you will always be requested to compose an essay, as it's the sole option provided. In this kind of situation, it's more convenient to locate ready-made essays and use them as an example. You may continue to keep your argumentative essays for your upcoming job portfolio in case they're highly graded.

Wednesday, May 6, 2020

Canon Scripture And Canon Of Scripture - 1424 Words

Canon of Scripture When we talk about Scripture, we have to discuss the source of our revelation. In fact, without an understanding and personal standpoint/beliefs on the canon of Scripture, one is not able to build a solid foundation in other matters regarding Scripture, including the authority of Scripture, the inerrancy, the clarity, the necessity, and the sufficiency. Often the canon of Scripture is a prevalent topic in the Christian faith among believers as there is a debate which books of the Holy Bible are considered to be part of the canon. However, although there are other books that have been added (including the Deutro-Chronical Books in the Roman Catholic church), there are in fact only 66 books in the canon of Scripture. There are 39 Old Testament books and 27 New Testament books that are included in the canon of Scripture. While some churches (including the Roman Catholic Church) believe that the church should determine what books are in the New Testament canon, God is responsible for the canon of Scripture. The Old Testament canon includes the Pentateuch Books (Genesis, Exodus, Leviticus, Numbers, and Deuteronomy), the Historical Books (Joshua, Judges, Ruth, 1 Samuel, 2 Samuel, 1 Kings, 2 Kings, 1 Chronicles, 2 Chronicles, Ezra, Nehemiah, and Ester), the Poetical Books (Job, Psalms, Proverbs, Ecclesiastes, and Song of Solomon), and the Prophetical Books ( Isaiah, Jeremiah, Lamentations, Ezekiel, Daniel, Hosea, Joel, Amos, Obadiah, Jonah, Micah, Nahum,Show MoreRelated The Canon of Scripture Essay1201 Words   |  5 PagesMost Christians do not think about the canon of scripture or know what it is or means in theology. Most take for granted the Bible they have and never question how it came into being. Today, we have 39 books of the Old Testament and 27 books of the New Testament. There was a time, however, that we did not have a canon. Bruce defines canon as books of the Bible that were recognized to be considered scripture (p. 17). The importance of the canon and how it was developed was intriguing to professorRead MoreTextual Criticism and Canon of Scripture Essay5748 Words   |  23 PagesLiberty University Textual Criticism and the Canon of Scripture: Dealing with Inspiration and Preservation in the light of human error A Paper submitted to Dr. Tomlin In Partial Fulfillment of the Requirements For History of Christianity I – CHHI 520 By: James Mead December 14, 2007 Table of Contents Table of Contents 2 Introduction 3 Developing the Need for a Canon 5 Gnostics 5 Cerinthians Gnostics 6 Doketist Gnostics 6 Marcion 7 The PresentationRead MoreThe Foundation Of Orthodoxy And The Canon1484 Words   |  6 Pages THE FOUNDATION OF ORTHODOXY AND THE CANON A Paper Presented to Dr. Nickens of Liberty University Lynchburg, VA In Partial Fulfillment of the Requirements for Church History CHHI 301 by Whitney J. Fitzwater April 6, 2015 INTRODUCTION The history of the Church has seen key event and movements that influenced the New Testament canon. The way by which the New Testament cannon was formed as it was is a subject of debate to this day. To truly know and beginRead MoreHistory And The New Testament Scriptures1453 Words   |  6 PagesCritical Paper: Redemptive History and the New Testament Scriptures To recognize Him who is speaking (Heb. 12:25) this is key. Redemptive History and the New Testament Scriptures (RHNTS) illuminates us in God’s message of the NT as part of the redemptive work of Christ and thereby has complete authority from Christ. Nevertheless, the revealed light stands against the darkness that opposes it. Canon Authority Ridderbos’ had to defend against common fallacies of his time. This meant disprovingRead MoreBiblical Approach : Canonical Criticism Essay1179 Words   |  5 Pagesand of course supply insightful concepts for clearer understanding of the canon criticism. Historical Development of the canon: How was the canon formed? The process of the canonisation of the scriptures was not by a formal ruling of any council. Canonical development underwent rigorous and challenging difficulties because of the following influences: Gnosticism, Marcion, Montanism and Persecution, which impacted how the canon was formed. Gnosticism for example, affected early Christianity in theRead MoreThe Biblical Canon Of The Bible959 Words   |  4 PagesThe Biblical Canon For as long as records have been maintained, the Bible remains the bestselling book worldwide, year after year (Jeynes, 2012). One might be curious about the reasons it is popular, or more importantly, how did it come about. Called the canon of Scriptures, or a ‘list’, it is the compilation of biblical books regarded by Christians as â€Å"uniquely authoritative† (Klein, Blomberg, Hubbard, Jr., 1993, p. 103). It includes 66 books encompassing thousands of years of history, writtenRead MoreThe Question Of Canon As A Good Deal Of Modern Day Biblical Scholarship Essay1199 Words   |  5 PagesIntroduction In his book The Question of Canon, Michael Kruger disputes the overriding image in a good deal of modern-day biblical scholarship, which regards the concept of canon as something completely extraneous from early Christian religion and as merely an ecclesiastical production of the second through fourth centuries. While answering different tenets of this view; what he defines as the extrinsic model, Kruger proposes the merits of an mutually exclusive model, which he defines as the intrinsicRead MoreThe Structure of Biblical Authority998 Words   |  4 Pagesbiblical covenant and canon of Scripture. Scripture’s authority, according to Kline is not merely related to its ontology (that God has spoken it); but in its basic economic form, Scripture is a covenantal document and therefore is authoritative. It is through this covenant that God binds himself to his covenant people and they to him. As our covenant suzerain, God sovereignly rules his vassals with covenant stipulations. Part One In chapter one, Formal Origins of Biblical Canon, Kline shows how theRead MoreThe Canon of the New Testament1517 Words   |  7 PagesWhat we know today as the New Testament was compiled over a period of many decades. It was first referenced as the â€Å"New Testament† by Clement of Alexandria. It is believed that the books that comprise what we know as the New Testament canon were in existence no later than the end of the first century. The included books varied by different sources until the fourth century when the Bishop of Alexandria, Athanasios, included them in a letter to his flock in AD 367. His list was approved by councilsRead MoreWhat were the factors that lead to the formation of the New Testament Canon? How valid are they today?1697 Words   |  7 Pagesteaching had died and heretical writings such as Marcions bible were in circulation. These had began to be classed as scripture by some. Theologian Tertullian first used the term New Testament in order to di stinguish these new writings from older scriptures (today what we know as the Old Testament or the Hebrew Bible). The early Church set about establishing a canon of scripture for the New Testament when it became apparent that Jesus still hadnt returned, and may not do as soon as the first Christians

Parents Should be Active in Child Life Free Essays

An adolescent’s well-being also safety are imperative besides also contribute to a well, dynamic youth and maturity. Parents can play an important role in helping their children use or strengthen behaviors, skills, attitudes, and motivation that promote their physical and mental health and overall well-being in childhood, adolescence and well into their adulthood. As you grow up, you are taught many life lessons from your experienced parents. We will write a custom essay sample on Parents Should be Active in Child Life or any similar topic only for you Order Now Your parents’ duty is to nurture you, so that you can grow up to become a person who is strong and able to support oneself. Parents must grasp that when it comes from raising an adolescent, together must put in an equal amount of effort so that the child acquires new things. Averts family failures or fights and stops the child from drifting off the ‘right’ track as they say. It is a typical state where the dad is the one who is assumed or not currently a part of raising their kids or kid. The first reason why both parents, a pop and ma, ought to have equal chances to nurture their children is that the father, by his masculinity nature, will be better to give his child the sense of braveness and teach them. To defend themselves against anyone who could hurt them in their environment. By the father involving himself in this way in his child’s life would certainly increase the their method of analyzing any trouble they could possibly find themselves being involved in in the future and enhance and revive their self-confidence and sense of responsibility. Even though I agree that a mother should give her son/daughter a sense of tenderness to keep their children lean when they deal with people, however, a father’s role in upbringing is a vital element and role in building the child’s personality. The second reason why the father is an essential part of raising the child is that the father, and generally the man, is known for his wisdom. In fact, this feature of the father gives him the superior qualities over the mother when dealing in any problem that could arise within the house either with his wife or with his children. Mothers are known for their emotional way of decision-making process. Therefore, children should learn from their fathers to be more logical and rational and to clarify their minds from anything  that could affect their decision. You learn to cook when you’re helping mother bake in the kitchen, you learn to fish when you’re out with dad, but if only your mother teaches you how to cook and father is ‘too busy’ to take you out to go fishing, then you’ve lost a new experience you could have discovered. There are so many different things your parents can teach you. But if only one parent puts in that effort and the other doesn’t, then your knowledge and mind will not be able to become more open and aware of all the wonderful possibilities out there. Therefore, both parents should assume equal responsibility when raising a child. Sadly, today most children don’t grow up with both parents aren’t their side. Kids who Grow up without both parents have been proven to have future commitment issues are more likely to resort to drugs and alcohol and are less likely to be successful in life. As they say ‘it takes two so a mother figure and a father figure is essential nearly to make it work. This is important for not only the life of the child but also for the wellness of the world. This is happening everywhere and maybe, just maybe this world would be a better place. If parents would step up and share equal responsibility in raising the child they made together. Children raised within an intact family are more likely to be mentally and physically better off in life. You need both eyes to see this clear path. Without one, it is blurred and you may get sidetracked from the path and may not be able to find your way once again. The same thing goes for parents raising children. If one nurtures the child by himself/herself, then the child may feel far away from the other parent and because their brains are still developing, may resort to dangerous actions to make up for that loss like damaging their health by turning to alcohol and drugs. It is vital for parents to have an equal hand in caring for their child in order to help reduce this risk. In conclusion, women should share with the man, the responsibility to participate in raising up their child and be complementary to each other, in  order for the child to become a balanced and withhold a strong personality. How to cite Parents Should be Active in Child Life, Papers Parents Should Be Active In Child Life Free Essays An adolescent’s well-being also safety are imperative besides also contribute to a well, dynamic youth and maturity. Parents can play an important role in helping their children use or strengthen behaviors, skills, attitudes, and motivation that promote their physical and mental health and overall well-being in childhood, adolescence and well into their adulthood. As you grow up, you are taught many life lessons from your experienced parents. We will write a custom essay sample on Parents Should Be Active In Child Life or any similar topic only for you Order Now Your parents’ duty is to nurture you, so that you can grow up to become a person who is strong and able to support oneself. Parents must grasp that when it comes from raising an adolescent, together must put in an equal amount of effort so that the child acquires new things. Averts family failures or fights and stops the child from drifting off the ‘right’ track as they say. It is a typical state where the dad is the one who is assumed or not currently a part of raising their kids or kid. The first reason why both parents, a pop and ma, ought to have equal chances to nurture their children is that the father, by his masculinity nature, will be better to give his child the sense of braveness and teach them. To defend themselves against anyone who could hurt them in their environment. By the father involving himself in this way in his child’s life would certainly increase the their method of analyzing any trouble they could possibly find themselves being involved in in the future and enhance and revive their self-confidence and sense of responsibility. Even though I agree that a mother should give her son/daughter a sense of tenderness to keep their children lean when they deal with people, however, a father’s role in upbringing is a vital element and role in building the child’s personality. The second reason why the father is an essential part of raising the child is that the father, and generally the man, is known for his wisdom. In fact, this feature of the father gives him the superior qualities over the mother when dealing in any problem that could arise within the house either with his wife or with his children. Mothers are known for their emotional way of decision-making process. Therefore, children should learn from their fathers to be more logical and rational and to clarify their minds from anything that could affect their decision. You learn to cook when you’re helping mother bake in the kitchen, you learn to fish when you’re out with dad, but if only your mother teaches you how to cook and father is ‘too busy’ to take you out to go fishing, then you’ve lost a new experience you could have discovered. There are so many different things your parents can teach you. But if only one parent puts in that effort and the other doesn’t, then your knowledge and mind will not be able to become more open and aware of all the wonderful possibilities out there. Therefore, both parents should assume equal responsibility when raising a child. Sadly, today most children don’t grow up with both parents aren’t their side. Kids who Grow up without both parents have been proven to have future commitment issues are more likely to resort to drugs and alcohol and are less likely to be successful in life. As they say ‘it takes two so a mother figure and a father figure is essential nearly to make it work. This is important for not only the life of the child but also for the wellness of the world. This is happening everywhere and maybe, just maybe this world would be a better place. If parents would step up and share equal responsibility in raising the child they made together. Children raised within an intact family are more likely to be mentally and physically better off in life. You need both eyes to see this clear path. Without one, it is blurred and you may get sidetracked from the path and may not be able to find your way once again. The same thing goes for parents raising children. If one nurtures the child by himself/herself, then the child may feel far away from the other parent and because their brains are still developing, may resort to dangerous actions to make up for that loss like damaging their health by turning to alcohol and drugs. It is vital for parents to have an equal hand in caring for their child in order to help reduce this risk. In conclusion, women should share with the man, the responsibility to participate in raising up their child and be complementary to each other, in order for the child to become a balanced and withhold a strong personality. How to cite Parents Should Be Active In Child Life, Papers

The Inspector Man or Metaphor Essay Example For Students

The Inspector Man or Metaphor Essay An Inspector calls was set in 1917, a time of contentment prior to World War 1. This smugness is reflected in the Birling family but is soon disturbed by the inspector. We realise this character is far more than an ordinary policeman from the very beginning. The audience recognises this because of his abrupt arrival, his name (Goole) and the way his behaviour changes the mood of the party. At the beginning of the play in the stage directions it says the lighting should be pink and intimate until the Inspector arrives, and then it should be brighter and harder. This is changing the atmosphere. Priestley says that he has a disconcerting habit of looking at people, making it obvious that Priestley intended the inspector to be seen as sinister. The Birlings feel that they have only the need to bother with themselves and not care about anyone else this Priestley underlines with the sharp sound of a doorbell. At this point the family is having a party to celebrate the engagement of Gerald and Sheila. Birling sees this narrow minded, as a business arrangement. The inspector has been given the job of objecting Birlings philosophy. He goes about his questioning in a fairly menacing manner, although superficially he is always correct. A hint of this is when he is keeping the photograph away from Gerald and Eric and after being asked by Gerald if there was any reason he could not see the picture, he replies, There might be. All the Inspectors answers are said in a non-definite fashion. So no one actually knows where he or she stands with him. Progressing later in the play we see he prefers to deal with one person at a time, although this may be plausible it doesnt remove the unease his remark would have created. A normal inspector would interview the culprits alone, unlike our inspector who wants the others to see what they have done; if he is so concerned about one line of inquiry at a time wouldnt he have done the interviews in the correct procedure? This is part of Gooles technique; by stirring memories with photographs and questions he requires the group to acknowledge publicly secrets. He intends to link the chain of events and show the incalculable consequences. Goole shows us his less polite side when he asks Birling Why he refused her request for a pay rise. This business doesnt concern a police officer and Goole is not in the position to ask this. Relating to this shortly after the inspector then replies to Birling saying that the workers would soon be asking for the earth, with Its better to ask for the earth then take it immediately offending Birlings social opinions. Also the statement that it is his duty to ask questions shows a stubborn side to the inspector. The Inspector is an arrogant man who feels that it is his duty to know things that are not his affair. His harshness is reflected in the inspectors appearance. He should have an impression of massiveness, solidity and purposefulness. Although seeming extremely official his obligation to ask continues too far into the private lives of the family. Inspector Goole says he never take offence in a calm way. Priestly repeats offence for several more lines and this repetition makes the reader pay more attention to the word. Mrs Birling is absolutely correct that it is the Birling family rather than the inspector that should take offence. An added point to see is that Mr. Birling, who we hear knows everyone in his town, does not recognise the inspector and assumes he is new and the inspector claims he doesnt see much of the chief constable. We go by this until we later discover there is no police officer by the name of Goole.