StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Summarizing - Article Example

Comments (0) Cite this document
Summary
Your Name Name of of Professor Corporate Protection and Government Subsidies The article makes a case against the practice of government intervention in the working of the market. It talks of the problems with government intervention that leads to the money of the taxpayers being misused…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.7% of users find it useful
Summarizing Article
Read Text Preview

Extract of sample "Summarizing"

Download file to see previous pages The article also deals with the idea of government subsidies in funding research projects and comes up with the finding that government subsidies often harm the poor and the middle classes more than they help them. The practice of providing subsidies is more often than not, according to the writer, justified using the rhetoric of unemployment and the need to provide more work to American companies. This is not however, what the character Dave argues for. He looks at the negligible difference that a fall in demand in the American market would create in the world market and puts into perspective the influence that tariffs imposed by the government could have on producing more jobs. He looks at the problems with introducing a tariff against foreign-produced goods as Ed says (Protection). The idea of free trade that Dave argues for is more often than not refuted by proponents of government intervention citing the reason of ‘fair trade’. This implies the ability of firms within a country to be protected against the onslaught of foreign companies that may have more money and power (Edge). However, providing subsidies may not push down the price of goods in the local economy. They would not benefit the local consumer. Apart from this, there is also no data available to substantiate the argument that local businesses would be at an advantage as their cost of production may still be higher than that of the foreign company. To increase the tariff to an extent where the foreign firms would not be able to compete would take jobs away from the American market rather than boost the economy. The difference in price would be transferred on to the local consumers. Dave also warns about the possibility of other countries imposing equally large taxes on American firms. This would lead to greater problems in the long run for the American economy and its people. There is also the possibility of there being lobbies that affect the government’s decisions. Much of the tariffs that are imposed on products are based on the political power and influence that local firms have rather than the economic wisdom of the decision. The people who suffer amidst all of this are the taxpayers. The idea of free trade involves the assumption that what is required by a particular consumer would be provided by the market according to the laws of demand and supply (Rothbard “Free Market”). The idea of free trade is then in direct conflict with the ideas of protectionism which let certain elements have an advantage based on the support of the government. This is unsustainable in a free market in a globalized setup as it would lead to the kind of problems that are detailed above. The existence of two systems in conflict with each other can only prove to be disastrous in the long run. The adverse impact of such a policy can be seen in the economic slump that is experienced by Japan at this point of time (Rothbard “Protectionism and the Destruction of Prosperity”). The policies that are created according to such ideologies more often than not end up harming large sections of the taxpaying population in the country. The article illustrates the problems with the kind of funding that is provided by the government to private concerns. The essay suggests that they end up benefitting certain individuals while causing greater harm to the middle classes. The money that they pay is used for such funding; however, the benefits are reaped by the richest sections of ...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Summarizing Article Example | Topics and Well Written Essays - 1000 words”, n.d.)
Summarizing Article Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/finance-accounting/1480919-summarizing-article
(Summarizing Article Example | Topics and Well Written Essays - 1000 Words)
Summarizing Article Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/finance-accounting/1480919-summarizing-article.
“Summarizing Article Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/finance-accounting/1480919-summarizing-article.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Summarizing Article

Summarizing Article

... Sur Supervisor Article – Tariffs versus Quota The article is all about tariff and quota applicable on foreign made goods. According to Ed, tariffs and quotas are essentially different things. A tariff is equivalent to tax imposed on foreign goods while a quota is the fixed quantity that is allowed to come in the US. Dave opines that quota increases the price of the product for the consumers. Therefore, in a way, it is just like a tariff. Tariffs make the imports costlier for consumer to spend more. Dave asserts that quota decreases supply and due to that price of the product goes up. Dave firmly opines that the effect of tariffs and quota are same on consumers that they have to spend higher. Dave says that money simply changes... Sur...
4 Pages (1000 words) Article

The Absolute Freedom of Expression through Journalism in the Modern World

...on the Indian subcontinent.” (Wade) In this article, Matt Wade convincingly summarizes the atrocities to journalists in the most hazardous region in the world for journalists to work and reports the several instances of media attacks in South Asia - which includes India, Pakistan, Bangladesh, Afghanistan, Nepal, Sri Lanka and Bhutan. He illustrates the amounting attacks against the freedom of speech in the region with evidences of Lasantha Wickramatunga, the leading Colombo newspaper editor, Uma Singh, the young journalist in her 20s, and Sayed Perwiz Kambaksh, the journalism student in Afghanistan. By reporting and summarizing several instances of attacks on journalists in the region and by raising the...
6 Pages (1500 words) Article

The Importance of Law Enforcement

...the effectiveness of the two lineups are due to the methods of presentation or to the presence of other variables. Schuster (2007) quoted further that one of the reasons why the current researches are not responsive to the questions posted is because there is an absence of collaboration between the US academic researchers and the law enforcement. “Law enforcement investigators who are on the frontlines are not as familiar as they might be with research results and researchers are generally not as familiar as they might be with the field practices”. Summarizing the comments of the different persons mentioned in this article, the article is deemed to conclude that the success of the researches on the effectiveness of the different...
3 Pages (750 words) Article

Article response

...Language Portfolio (GLP). The researchers on the portfolio assessment have been building on the work of Dewey (1933), which is titled, “We Thing: A restatement of relation of reflective thinking to education process.” He built basic premises, which are still evident in both ELP and GLP, and involves reflecting on and summarizing what has already done. The article provides an overview on how the EPs can be used to learn, teach and assess in the United States and Europe based on ELP, CEFR, GLP and American I.F. The EPs function is based on the national standards and ACTFL proficiency scale. There are several advantages that EPs has over paper based portfolio. The functionality of EPs allows the learner, teacher and...
2 Pages (500 words) Article

Summarizing journal article

... ABUSING PSYCHIATRIC PATIENTS What is the effect of abusing psychiatric patients when they are still young? There is an assumption that people with psychiatric problems who had been ill-treated when still Children would display extra dissociative indications as compared to those patients who had not been abused in any way. There are several reasons behind this hypothesis. The previous study researches have put forward that a high proportion of patients who have dissociative conditions for example multiple personality sickness have been found to have a past antiquity of babyhood physical as well as sex related abuses . The study that has been described in this journal was intended to find out the pervasiveness of dissociative... ABUSING...
6 Pages (1500 words) Article

You As a Technology Leader

... of technology in influencing the students reading outcomes. Therefore, Timothy advocates for disciplinary literacy and technological opportunities that integrate and accept knowledge in different dimensions. In simple words, technology helps learners and teachers in summarizing, visualizing, comparing, contrasting and making learning predictions. Interestingly, Watson and Harris (2011) challenge the use of technology in schools but illustrate some contradiction in their finding. For instance, the authors apply the use of a video game (Making History) as a teaching aid in teaching the history of the World War II while contradicting their hypothesis by claiming the video was not meant to influence the learning outcome. However, at the end...
4 Pages (1000 words) Article

Neutrality as Impartiality & Neutrality as Equidistance

... person. In this research, it focuses on the emotion of their counterparts. Power on the other hand is the ability to affect influence on other people. In the studies, power was manipulated but each still had an influence on the negotiator’s dependence level on the other party. In conclusion, the studies resulted in the low-powered negotiators conceding largely to angry opponents. The high-powered ones were not affected and their concessions were small, if any. I think the weakness of the article is the lack of summarization at the end of each study they made. Since the results for each study contained figures & charts, I believe a paragraph summarizing each discussion of study at the end of each study would aid in a better understanding...
7 Pages (1750 words) Article

The Organisation of Integrated Communications

...PART ONE 1 INTRODUCTION This paper is in response to the article, “The organisation of integrated communications: toward flexible integration”. This section provides a road map for the paper and the sections that follow describe the various headings into which this paper is divided. The paper is divided into two parts. Part one concentrates on summarizing the article and part two consists of analysing the article from the point of view of literature review, research methodology and data collection apart from commenting upon the key findings and recommendations. For an article of this scope, it becomes imperative to critically evaluate the article from multiple perspectives. Hence the focus of this paper is to take a multi layered approach...
12 Pages (3000 words) Article

A Life-Course Perspective on Stress, Delinquency and Young Adult Crime

...the research was conducted, how the study participants were selected as well as the eventual results of the study. The abstract also provides a brief discussion of what the results of this study allude to. However, the abstract has a single drawback as it does not briefly outline the study’s implications for theory and policy. In my opinion the difficulty of summarizing information for an abstract into between 150-250 words is determined by factors that include the length of the article, its objectives, methodology used and its findings. If a research is found to have used a complex methodology and the subsequent results presented in a comprehensive and lengthy discussion, it will become rather difficult to...
9 Pages (2250 words) Article

Education as a Process

...ces in between paragraphs 0 0 -1 -2 -3 -4 Proofreading Spelling errors Typing errors Repetition of words or phrases Words run together Hyphenation problems Wrong words (“were” instead of “where”) 0 -2 -2 -4 -6 -8 Total 69 /100 Although you present some good details, you lack many of the basic elements of an academic essay: thesis statement, the introductory paragraph and conclusion. The organizational structure is unclear, making it very difficult for readers to follow the process you are discussing. A clear organization will also help you move from just summarizing into analyzing the significance of the education process and how Rodriguez presents the...
6 Pages (1500 words) Article
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Article on topic Summarizing Article for FREE!

Contact Us