Download file to see previous pages
GDP is also an indicator of people’s level of happiness and satisfaction and this justifies its application in informing economic policies that relate to welfare (Oulton, 2012).
Opponents of the application of GDP in informing economic decisions however downplay these augments. Stiglitz notes that statistics have failed in accuracy and this problem has been evident in economics. Differences in opinions and demands over GDP also mean that its value and meaning are not absolute among different stakeholders. Another challenge to application of GDP is its lack of basis for measuring all outputs and inability to measure government output is an example. Results of government outputs are also unreliable and GDP fails to measure such aspects as depletion of natural resources. These, according to the author, undermine validity of GDP and its potential applications in policymaking (Stiglitz, 2009).
Stiglitz, J. (2009). The great GDP swindle: Chasing GDP growth results in lower living standards. Better indicators are needed to capture well-being and sustainability. The Guardian. Retrieved from:
...Download file to see next pagesRead More
Zagorin explores various writings by historiography scholars with reactionary content on postmodernism. Zagorin argues that unlike many scholars in the literary studies, the American historical scholars are more resistant to postmodernist ideologies, and that the effects of postmodernist doctrines on the practice and thinking of historians is continuously tending to oblivion.
Alarming statistics show that out of 1 out of 5 deaths reported are as a result of smoking related complications. This epidemic is also linked to the many cases of cancer, majorly lung cancer which is associated with respiratory complications contributed to by smoking.
Reality abounds in Flannery O’Connor’s “A Good Man is Hard to Find.” This modernist short horror story features several realistic elements. First, the story features the murder of an otherwise innocent family, including two children and a baby. Oftentimes, the innocent are spared from death or injury in other short stories but not in “A Good Man is Hard to Find.” In this particular story, there is the cold truth that even the innocent die and that death respects no age, no gender and no one.
This is because some animals have the capability of doing the thing that might be impossible for human beings to do. Some animals also have the ability to do something mostly done by human beings. In my opinion, I think I would be a dolphin. This narrative will give a detailed explanation on why I would have unquestionably been a dolphin if I were not a human being.
In the US, many people with or without health insurance fail to seek care due to factors such as financial difficulties due to the high cost of health care in the country (Brassard, 2013). Even with coverage, the cost of medicines or co-payments is a major deterrent of access to health care.
The author defines the terms of diversity and multiculturalism in media as well as the concept of stereotypes. He explains the theory of multiculturalism relating to Butcher’s five myths. There are significant declines in primetime viewing of broadcast networks and circulations in magazines and broadsheets.
In this paper, two different world cultures are identified: namely Hopi Indians and Japanese. The early-life customs and behaviors of these two distinct cultures are examined here.
The Hopi baby is born in the mother’s home (as cited in Honigmann, 1961). Through Hopi
These principles include short-run, medium-run and long-run. Balance sheet recession is characterized by two phases. In the first phase, companies aim at improving their profit while people absorb much of their pay increment. In the other phase, economic agents give much
ecame an adolescent and started realizing change occurring in my body, and even noticed change in some girls in class, I started becoming shy thinking something was wrong. It is upto when I reached freshman is when I came to appreciate the opposite sex through peer influence. I
Modern rules of war outline their origin to the chivalric practices of the medieval time in Europe, which asserted that there should be a distinction between a civilian and a soldier, the difference between just and unjust wars; it
4 Pages(1000 words)Term Paper
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Save Your Time for More Important Things
Let us write or edit the term paper on your topic
"Reaction paper i will post the steps"
with a personal 20% discount.