Loss Aversion Essay Example | Topics and Well Written Essays - 1000 words

Loss Aversion - Essay Example In this particular source, the author discusses the issue of cost aversion from a phenomenal perspective. This is because the writer treats the topical issue of finance and cost aversion from a rational perspective where he makes use of radical human experiences to understand the basic principles of finance rather than using complex financial terminologies. Due to this reason, the writer introduces a theme, which is refers to as mental accounting. By mental accounting, each member of the wider population is assumed to be a financial expert because in one way or the other, the person uses his or her mental faculties to undertake and comprehend basic marketing and financial principles. The focus of the work of the writer can therefore be said to be looking at marketing and finance from a behavioral approach rather than a technical approach. From a personal analytical view, it would be said that the content of the writer’s work may concern some justifiable points but not much work was done by the writer to prove the authentication of the facts presented. For instance there was not the use of any financial models. The source would however be strongly criticized on the lack of empirical financial models being used in the data collection process. Though a finance and marketing paper, the writes are seen as writing from a more behavioral perspective. This dismisses the use of any well defined quantitative arguments that could offer a generalized persuasion of the arguments put forth. Camerer, Colin. Three Cheers--Psychological, Theoretical, Empirical--For Loss Aversion. Journal of Marketing Research, Vol. 42, No. 2 (May, 2005), pp. 129-133. Available at http://www.jstor.org/stable/30164010 Camerer (2005) is credited as a multi-disciplinary scholar whose research cuts across several fields and acreas of study. His major area however happens to be in finance. The source put forth by Camerer (2005) is

Discuss and assess the potential for multiplied penalties for Assignment

Discuss and assess the potential for multiplied penalties for egregious violations. Your response should be approximately 200-300 words and include a reference citation for your sources - Assignment Example Some companies are crying foul because according to them it was practically issuing multiple citations and penalties for the same violation (MacArthur, 1995). Furthermore, since the OSHA provision is for prevention of the same hazards from occurring again, it is improper to multiply the penalties by the number of employees harmed by a violation. There is no need to multiply the penalty because the same hazard can be remedied with the â€Å"identical abatement method† (MacArthur, 1995). If OSHA is allowed to execute these multiplied penalties, they might go overboard and start issuing penalties on a per day or per hour basis on every violation made. This is definitely unreasonable and unacceptable to employers. OSHA should view the matter in the proper perspective focusing on the fact that if the hazard can be corrected just once, then there is no need for multiplied penalties. However, if different hazards represent different violations, then the penalties should be multiplied because it cannot be corrected by a single action. MacArthur, M. (1995, December 1). Commision clarifies OSHAs "egregious violations" policy. Retrieved June 27, 2012, from pffc-online.com: http://pffc-online.com/ar/2049-paper-commission-clarifies-oshas Stanley, J. (2010, September). OSHA issuing more egregious violations, but they may not hold up. Retrieved June 27, 2012, from fdrsafety.com:

World War 3 Essay Example | Topics and Well Written Essays - 1000 words

World War 3 - Essay Example Therefore, he outlined the major factors that would contribute to this war. Thus, according to Mills, the following factors would contribute to the occurrence of the third world war: Power Elites created by the US industrial complex According to C. Wright Mills, the structure of national policy was centered on politics and military supremacy. Therefore, if a country had to achieve economic prosperity, it had to be superior on the war front and in its military organization (Goertzel, 242). Thus, economic prosperity was to be achieved through the assertion of political and military power, instead of applying the economic principles which drive the economy. Therefore, the economic elites who lead major organizations were also the same who drove the political life of both the USA and the USSR, the major rivals in the foreseen war (Goertzel, 242). Making the political power an elite component, where the political and military authority was centered on the economic elite’s point of view posed some war danger. According to Mills, the political, the military and the economic elites shared a common world view (Goertzel, 243).... Mills observed that the elites were using the media as their tool of manipulation and propaganda to mislead the masses, whom they considered inferior. Therefore, with the economic elites at the helm of political and military authority, a devastating war was inevitable (Goertzel, 242). The conspiracy and poor definition of reality According to the Americans, the enemy of the people was Russia. This faulty definition, which substituted the reality with the preconceived notion of a specified enemy, could ultimately cause another devastating war (Goertzel, 241). The actual definition of the enemy is war, since any war, irrespective of the parties involved, has the same damaging effects. Therefore, while the Americans substituted the real definition of the enemy and personalize it to suit their interest, they created an environment for pursuing the wrong target (Goertzel, 243). If the American could perceive war as the common enemy, they would work towards ensuring that no more war could be experienced in the world, owing to the damaging effects caused by the previous world wars. Nevertheless, through the erratic perception of Russia as the enemy, they were determined to continue the warfare until they subdued it (Goertzel, 243). This inevitably made the third World War a reality that could not be escaped. Additionally, the Americans based their arguments on a false premise that peace with the USSR could not be achieved unless through war. This made it clear that the Americans would pursue the Russians. The same case applied for the Russians, who perceived the USA as an aggressive opponent, who could not relent until a war determined who was powerful. This prepared a stage for the most devastating war in the history of the world, which could

War in Central America Essay Example for Free

War in Central America Essay Central America is the southernmost part of the North American continent. It lies south south of Mexico and form the land connection with South America. Central America is commonly defined as including Guatemala, Belize, Honduras, El Salvador, Nicaragua, Costa Rica, and Panama. The total land area is roughly 200,000 square miles (518, 000 km2), about three-fourths that of Texas. Central America is long and narrow, tapering to a width of barely 30 miles (48km) in parts of Panama. On the east is the Caribbean Sea, on the west, the Pacific Ocean. Both coasts are deeply indented in places, and offshore islands are numerous, especially in the Caribbean. The land is mostly mountainous, with scattered active volcanoes. Except for the coastal plains, which are narrow in most places, there is little flat land (Woodward, 1999). In the early 1900’s, there was unrest in several Central American countries. The United States intervened militarily in the region several times to restore order and protect its interests. After World War II, most Central American countries had dictatorial governments. In 1951, the Organization of Central American States was formed to promote economic and cultural cooperation among the countries. One of its achievements was the creation of the Central American Market in 1960. Cooperation began to break down, however, when national antagonists started to resurface in the late 1960’s. Many of the countries experienced violence between the left- and right- wing political factions, as well as guerrilla insurgencies, inflation, and foreign debt (Woodward, 1999). Political turmoil increased in the 1980’s. Nicaragua’s government was controlled by a leftist group called the Sandinistas, which restricted political freedom in Nicaragua and was accused of supporting a strong Communist insurgency in El Salvador. The United States began giving aids to rebels called contras, who were trying to overthrow the Sandinista regime. There were also abuses of human rights and restrictions of political freedom in other countries in the region. In 1987, the governments of El Salvador, Guatemala, Honduras, Nicaragua, and Costa Rica signed an agreement designed to end the region’s civil wars and foster democracy. The author of the agreement, Costa Rican president Oscar Arias, received the Nobel Peace Prize (Woodward, 1999). This paper discusses and compares two countries of Central America, Guatemala and Panama, focusing on the challenges for democratic consolidation and economic development. II. Background A. Guatemala Guatemala or republic of Guatemala is an independent country of Central America. Its borders Mexico, Belize, Honduras, and El Salvador and lies between the Pacific Ocean and the Caribbean Sea. Guatemala has an area of 42, 042 square miles. Maximum distances are roughly 280 miles north-south and 250 miles east-west. Narrow lowlands run along the pacific and Atlantic coasts. Between them lie the highlands, covering about half of the country. Dominant features are mountains, volcanoes, high plateaus, broad basins, and many valleys. Forests are one of Guatemala’s richest resources. The Atlantic lowland and the Peten are largely covered by tropical rain forests. Savannas predominate along the drier pacific coast. The highlands are covered by grasslands and forests that are deciduous at low elevations and coniferous higher up. B. Panama Panama or Panama City or Republic of Panama is a city and the capital of the republic. It is on the bay of Panama at the Pacific end of the Panama Canal, 38 miles southeast of Colon on the Atlantic. The city’s economy is largely supported by the canal and by tourists. Products include furniture, beer, handicrafts, and clothing. Panama is a hilly country crossed by several mountain ranges, the highest of which are in the west. Near the Costa Rican border is Volcan Baru, an extinct volcano rising 11, 401 feet above sea level. III. Discussion A. Guatemala †¢ Government Under the constitution of 1985, which went into effect in 1986, Guatemala is a republic governed by a president and one-chamber Congress, both elected for four years popular vote. A council of ministers is appointed by the president. The judiciary is headed by a nine-member into 23 administrative departments. Voting is mandatory for all literate citizens age is 18 or over (Grandin, 2000). †¢ History The Maya Indians inhabited Guatemala as early as 2400 B. C. They developed an advanced civilization and flourished there, but declined after 900 A. D. In the 16th century, the Mayas were subdued by Spaniards under Pedro de Alvarado. He governed the captaincy general of Guatemala, which included all Central America except Panama. For nearly three centuries the region was under Spanish rule (Lovell, 2002). In 1821, the five provinces making up captaincy general of Guatemala declared their independence, but the next year they became part of the New Mexico Empire under Agustin de Iturbide. When Iturbide was driven from power in 1823, the province gained independence as a confederation called the united provinces of Central America. During 1838-39, the confederation collapsed. Guatemala became an independent state in 1839 (Grandin, 2000). Rafael Carrera, leader of the conservative forces that helped to bring about dissolution of the confederation, made himself president of Guatemala in 1844 ands became the dominant political figure in Central America. In 1854, he was made president for life. He died in 1865. Vicente Cerna, one of Carrera’s generals, succeeded him as president but was overthrown in 1871. General Justo Rufino Barrios, a liberal, came to power in 1873, and the nation made economic progress under his rule. He was killed in 1885 in a war with El Salvador, while attempting to set up a union of Central American states. In 1898, Manuel Estrada Cabrera became president. In 20th century, Estrada Cabrera ruled as a despot for 22 years. He favored the wealthy classes and encouraged industrial development. He was overthrown in 1920. Relative order prevailed until 1930, when economic depression led to another uprising. In 1931, General Jorge Ubico came to power. Under his dictatorship, order was maintained and economic stability restored. In 1944 an alliance of students, liberals, and dissident members of the army forced Ubico out of office and seized control of the country. Many social and economic reforms were introduced by presidents Juan Jose Arevalo and Jacobo Arbenz Guzman. During their presidencies, Communist influence in the government began to grow. When Arbenz instituted land reforms and encouraged the growth of labor unions, his opponents claimed that he was under Communist control. The army, with covert aid from the United States, overthrew Arbenz in 1954 and outlawed the Communist party. Two corrupt and largely ineffective military dictatorships followed (Grandin, 2000). In 1963, Colonel Enrique Peralta Azurdia led a successful revolt. He governed by decree, but promised to hold elections after a new constitution was enacted. The constitution took effect in 1965 and a civilian government was elected. In attempted economic and social reforms, but its programs were blocked by resistance from conservative businessmen and wealthy landowners. Reform was also delayed by a civil war that raged for several years between Communist guerrillas and the army. Both sides used terrorism, including assassinations and kidnappings. In the 1970’s a series of conservative military governments held power and suppressed the insurgents. A presidential election was held in 1982. Soon after, the government was overthrown by the army, whose leaders promised a return to democracy. A new constitution was approved in 1985, and later that year Marco Vinicio Cerezo was elected president. †¢ Economy Guatemala’s economy is still in an early stage of development. Private enterprise prevails; government regulation is negligible. A small group controls most of the nation’s wealth, while the vast majority of the people, especially the Indians, live in extreme poverty. Guatemala is largely an agricultural country, one favored by a diverse climate and rich soils, especially the volcanic soils of the highlands. Peasant landholdings are usually small and crudely worked, but provide a livelihood, at the subsistence level, for most of the people. Corn and beans are the main crops. In contrast, commercial plantations specialize in export crops and are generally large, modern, and owned. Coffee is the leading export; cotton ranks second. Bananas, sugar, and meat are also significant exports. Livestock consists mainly of beef cattle, sheep, and pigs (Grandin, 2000). B. Panama †¢ Government Under the constitution of 1972, and later amendments, Panama is a republic. The president, assisted by a cabinet, exercises executive power. He is elected by popular vote to a five-year term and may not serve consecutive terms. The legislature consists of the National Legislative Council (the upper house). Members of both houses are popularly elected. Assembly members serve four-year terms; Council members serve for six years. The judiciary is headed by a supreme court of nine justices, appointed by the president for 10-year terms. Each of the nine provinces is headed by an appointed governor and is divided into municipal districts. Panama has a military force known as the National Defense Force (Hedrick, 2000). †¢ History The Caribbean coast of Panama was explored by a Spanish expedition under Rodrigo de Bastidas about 1500. The region was inhabited by several tribes of Indians, the Cuna being the largest. In 1502, Christopher Columbus sailed along the coast to the central part of the isthmus and claimed the area for Spain. The northern coast of Panama was the location of the first Spanish settlement on the mainland. In 1509, the Spanish government issued licenses to Alonso de Ojeda and Diego de Nicuesa to settle the regions explored by Bastidas and Columbus. The first colonies were established in 1510 at San Sebastian (on what is now the northern coast of Colombia) and Nombre de Dios. They did not flourish, however, because of disease, famine, and conflicts with the Indians. The first successful settlement, Santa Maria, was founded in 1510, when Vasco Nunez de Balboa convinced the settlers at San Sebastian to move to a new location on the west shore of the Gulf of Darien. The Indians at the new site were quickly subdued and Balboa became governor of the new colony. In 1513, balboa made his way across the isthmus and discovered the Pacific (Hedrick, 2000).

Why Do Young People Commit So Many Crimes Criminology Essay

Why Do Young People Commit So Many Crimes Criminology Essay The rate of crime had been increasing before the year of 1995. Law, sociology, physiology and other disciplines tend to view the criminals as abnormal persons from moral point. The causes of crime are criminal psychology, the genetic characteristics and social environment. They think that youth criminal have no moral value and feelings, who crime without clear motives and do not consider the punishment. In 1998, Stephen Levitt used the economic methods of maximized behavior, market equilibrium and stable preferences to explain the youth crime in his Juvenile Crime and Punishment. He believed that young offenders are also completely rational economic man, who will carefully trade off the cost, income balance, then seek to maximized benefits. Levitt tested the strongly direct correlation between the number of juvenile crime and juvenile justice system punishment from 1978 to 1993. Based on this theory, this paper aims to discuss the specific causes of youth crime in Canada, and analysis would be made on the data of Statistics Canada. Following this, some suggestions would be given on how to reduce the number of young people committing crime. 2.0 Discussion 2.1 According to the course of the economics of crime and punishment, what are the possible determinant factors impacting on young people crime? The causes of youth crime are various. Crime is the consequences of different social, cultural, economic and family conditions (Muhammad, 2008). Generally, because there are so many causes this paper select some reasons and discuss them particularly. (1) Social environment Social environment has long been recognized as the major cause of the youth crime, which include school environment and community environment. The problem of youth crime is not alone but a part of the whole society. That is to say the violence of youth is part of the violence of adult. The economics of crime and punishment has three assumptions. In the beginning, everyone is a rational person who can decide their own behavior and maximize their benefits. What is more, whoever crimes will suffer punishment since each one is equal and the possibility of punishment is 0 to 100 percent. In the last, the more severe punishment will be given for the more serious crime. As a matter of fact, young people usually spend a lot time in school, so school environment has deep influence on youth crime. Statistics show that currently there is a sharp growth trend of juvenile delinquency in the United States, and the U.S. youth homicide and suicide increased by 3.2 times in the past decade. During the same time, the ratio of aged under 15 dead because of shot is 12 times higher than the ratio of other 25 countries combined. In recent years because of violence in the campus, the youth of United States is suffering pain about widespread youth violence. Although among all the murder and suicide case only 1% occurred in the campus, the figure has an anticipation of fast growing. Meanwhile aside from school, young people also spend much time in community where they can know peers and do meaningful things together. From the assumption of the rational economic person, community activities can help individual realize the maximum of ones own benefit. However young people are always sensitive about the others opinions so that they are influenced by others easily and then they will imitate others behaviors. (2) Economic condition In general, poverty and unemployment of economic condition which are two major factors influence the youth crime. Between the benefits and justice, the criminals always select the first due to the economics of crime and punishment. This theory fully considered the probability of the two kinds of cost, and then looked for a method which can save the most for the society. Thus the standard of estimating a policy is not depended on the justice and fairness but on the beneficial result. Firstly if one can not afford the cost of his life, the possibility he choose to crime will be higher. That is because he need to live but he can not receive money from a legal way. Through a classic Becker type model, economists estimate how potential criminals cost in the legitimate job market by using an unemployment data. The analysis shows that unemployment and crime are positively correlated in the cross-section dimension. Meanwhile the rate of youth unemployment increasing leads to increases in crime. To decrease crime, it seems that all strategies chosen to combat youth unemployment should be examined. Secondly poverty is a reasonable factor to understand. Despite the benefit system of the whole society has been designed to fulfill daily needs of each person, the gap of the poor and the rich are becoming deeper and deeper. The reason why young people commit crime is they do not want to work and the cost of crime can ignore easily. (3) Family effects All in all, there are many aspects in the family structure which can lead to youth crime, such as family clash, parents low income, ignorance of parents, lack of communication, family breakup, family violence, and so on. Improvements in all invisible areas should be focused on by crime prevention. In order to design the policy more effective, each factor should be identified the contribution to the youth crime. To begin with, as a proverb said a persons character is mostly from his family or the environment he live. With the increases of divorce, family harmony is broke up. Young people themselves do not have enough knowledge to differ the bad from the good, so they need their parents help. If they do not receive enough information and supervision, the possibility of crime will get higher. What is more, neighborhood effects on crime and delinquency for male and female youth is an important fact. According to an experiment evidence, female youth arrested for violent and property crimes are relative to a group which has many members from lower-poverty areas. In opposite, males arrested decreases for violent crime, at least in the short time, but increases property crime. The different treatment between male and female youth effects appears to mirror differences in what disadvantaged backgrounds male and female youths from and how each gender responds to same new neighborhood environments. 2.2 Explain the data about youth crime at Statistics Canada. Use econometrics methods to analyze the specific reasons of the increasing number about young people crime in Canada. (1) Rates of youth crime According to the data of Canada given (Statistics Canada, 2006), the rates of youth violent crime and total Criminal Code offences (excluding traffic) climbed up while the rates of property crime dropped from 2005 to 2006. In 2006, there are almost 180,000 young people involved in some crime of the Criminal Code, excluding traffic offences. This means that in this age group nearly 6.8% youth crime accused. Both the total amount and rate of young people charged for homicide got their highest point during the past two decades. Among the young people, the number of youth violent crimes nearly takes up one quarter of the total number for youth committing crime. Youth crimes reported for Criminal Code offences 2006 2005-2006 1997-2006 Number of youth charged Number of youth cleared by means other than charging Total youth accused Youth crime rate Youth crime rate % change in total youth crime rate Violent crime 20,500 18,972 39,472 1,528 3 12 Property crime 25,780 39,681 65,461 2,534 -3 -34 Other Criminal Code offences 27,661 45,271 72,932 2,823 9 34 Criminal Code(excluding traffic) 73,941 103,924 177,865 6,885 3 -6 Drug offences 6,382 11,509 17,891 693 2 97 From: The Juristat: Youth crime in Canada,  2006, Vol.  28, no.  3 From the table above, the rate of property crime has a sharp decline and become the lowest point of the past decade. That is to say, the poverty reason of youth crime gets less influence on the behavior of young people. However the rate of drug offences has a surprising increase and it has become the major factor of youth crime. The table also shows there are slight climbing on the rates of violent crime and other Criminal Code offences. (2) Consequences of youth crime People are affected by crime on many aspects, usually young people are innocent about the law and punishments they choose to commit crime blindly only for the money they want or a way to let off their feelings. As a result, violent and drug substance abuse have bad effects on young people daily life and the security of the whole society cannot be guaranteed. Parents will concern their children security and maybe they cannot work with all their enthusiasm. Each youth will be afraid of going to school since there are so many violent crimes on campus. (3) Analysis of regression (RSS) Firstly according to the table the rates of poverty crime and the rates of Criminal Code (excluding traffic) declined so that the two rates have little effects on the youth crime, in order to build model more easily, the above two referred rates will be removed. Secondly a model should be built to determine whether the three rates left have relations with youth crime then some reasons can be given clearly. Through the data of model, a result of the RSS will be introduced in the following content. Equation: y =ÃŽÂ ±+ÃŽÂ ²1 x1 +ÃŽÂ ²2 x 2 + ÃŽÂ ²3x 3+ÃŽÂ µ In the equation, y indicates the rate of youth crime while x1 x 2 x 3 are separately on behalf of violent crime, other Criminal Code offences and drug offences. ÃŽÂ ²1 ÃŽÂ ²2 ÃŽÂ ²3 are parameters represent the relation of x and y. Result Coefficients Standard error T Stat P-value Lower 95 % Upper 95 % Intercept -0.0577 0.006621 -18.3402 5.28E-08 -0.083423 -0.05553 XVariable1 0.0002423 5.038E-05 10.696 6.35E-09 0.001439 0.00438 XVariable2 0.005873 7.341E-05 12.372 4.67E-12 0.07963 0.00634 XVariable3 0.08212 1.287E-05 0.3527 18.35E-08 6.657E-05 8.342E-05 ÃŽÂ ±= -0.0577 ÃŽÂ ²1= 0.0002423 ÃŽÂ ²2 = 0.005873 ÃŽÂ ²3= 0.08212 Equation: y =-0.0577+0.0002423 x1 +0.005873 x 2 + 0.08212x 3+ÃŽÂ µ (4) The specific reasons of youth crime in Canada On the one hand, drug and substance abuse is the most important factor contributed to the rate of youth crime. This factor has become the dominant strength for youth crime which mostly comes from the lack supervision of the environment young people live. The rate of drug-related youth crime has increased dramatically compared with 10 years earlier. Drug and substance abuse will not only have bad effects on youth mentally but also it will damage the health of young people that can not recover easily. The pressure may be from family, school and the inside of youth heart so others can not discover in a short time. On the other hand, the rates of violent crime and other Criminal Code offences are climbing up slightly. The reason is mostly from the social factors which include poor impulse control, lack of communication and the imitation of others behaviors. Aside from the mental factor, it is true young people usually get a lot of pressure from the surroundings, if they can not find a legal way to relieve their feelings the probability they chose to crime will be climb up. Even some of young people view crime as a pleasure that is awful, and this kind of thought mostly comes from the media and films. They commit crime for fun, it will damage others benefits eventually so will the youth. All in all, it is necessary to control the number of youth drug crime which has become the most serious problem of the society. Meanwhile lack of family communication and school correct guide can also lead to young people committing crime. That is to say young people always know nothing about their behaviors and what bad results will happen to the persons they maybe hurt. 3.0 Based on the economics theory and the information in this article, what advice would you give organizations in reducing the rate of young people crime? First for the dramatic increase in the youth drug and substance offences, it is necessary to redesign the program of youth education. Currently there are still many people who do not realize the importance of the education, even the people with higher education. In order to broadcast the essence of education, a new system of education should be designed and displayed among persons from one to another. If a young person receives higher education, he can get a job more easily and the possibility of crime will get down. In a long run, the awareness of whole society will decrease the rate of unemployment so that the number of crime can be controlled completely. Secondly it is efficient to reduce the drug availability since the problem of drug and substance abuse is the most serious one. To make fewer people get access to dangerous drugs availability of it is needed to be cut short. A drug addicted young person may work without enough attention and thus cannot afford his/her drug expenses. As a result youth may crime so that they can get money they need. Government should carry out effective ways to reduce the drug availability, and give severe punishment once the drug criminals are accused. A record of each criminal activities and asset possession etc. should be maintained by the police system, and all vehicles must be registered in a platform so that it is easier to find the criminal track. Youth may consider more about the result of the crime with the fear of their record on previous crime. Thirdly it is necessary to enhance the law forcing agencies. Since the number of youth crime is climbing up, it is obvious that more police needed. To improve the police attitude about work, the environment they work should be improved and the problem in their life should be solved as soon as possible. The train of the police is necessary because offenders will commit more crimes when they think the police cannot have enough capacity to catch them. If the whole level of forcing agencies is improved, offenders will think more deeply about committing a crime. Youth stealing goods usually sells them to get money they want. There are special markets to recycle the stolen good for sale. If these markets are forced to close in law, goods youth stolen cannot find a method to change money. As a result, the incentive of stealing or robbing goods can be decreased. At last, youth crime has become a serious problem which needs government and citizen effort together to solve. Aside from the measures above, there are still some other methods which can be taken to control the youth crime. For example, if government can supply more employment opportunities, the rate of youth crime will fall. Besides, reducing of poverty and inequality is also a good way to control the number of youth crime. The inequality can be declined through correct tax policy with fair consideration.  The rich should be levied more heavily than the poor so that the poor can receive more help from the government and the increasing minimum of wage in the country. When the number of young people getting work is increasing, the chances of their criminal activities will fall. 4.0 Conclusion Through the analysis of the Canada database in 2006, building a model and using the RSS method it is obvious to see there are three reasons contributed to youth crime. The most important one is drug and substance abuse which take up more than 90% of the whole youth crime. Following it is other Criminal Code offences and violent crime. The conclusion is these three reasons take up almost all the youth crime which should be given enough attentions. In addition, there are many bad consequences of youth crimes which can influence the young people themselves, the family they live and even the whole society. Thus it is necessary to take measures immediately to solve the problem of youth crime. To sum up, young people is the hope of the whole country so how to reduce the number of youth crime has many relations with the future of the country. Based on the theory and data, the reasons why young people commit crime are given properly, and the government should take some measures according to these reasons in order to control youth crime. Meanwhile lack of family communication has bad effects on the children in their growth, and this can lead to a series of problems in the society. Government must call parents for their responsibilities to their children, only by doing so can be the problem solved completely. Through the government, family, and the whole society cooperate each other closely, make sure each young person realizes the bad effects of the crime so that a new social environment will be formed.

Vague Descriptions in Joseph Conrads Heart of Darkness Essay examples

Vague Descriptions in Heart of Darkness       A dark, unfamiliar setting and a suspenseful plot give Heart of Darkness the characteristics of a good novel, but what really stands out is Conrad's writing. The story is full of vague imagery and descriptions that the reader must contemplate in order to fully understand. Writing so vividly was an impressive feat for Conrad, who was actually not a native English speaker. (Dintenfass) His style includes a great deal of subtlety and complexity. Although it may seem as if Conrad was trying to confuse the reader, his actual goal was to create a work of art, rather that just a novel. Several critics have put down Conrad's work because his writing is so vague; they claim that it lacks order and clarity. Conrad occasionally wrote back to these critics and explained why he chose to construct his stories in such a vague manner. Says Professor Mark Dintenfass, commenting on Conrad's own opinion about his writing: "For Conrad then, as for most modern artists, the world as we experience it is not the sort of place that can be reduced to a se...

Generation of Electricity Through Coal in Pakistan

At present, the people are facing severe loadshedding/blackout problems due to shortage of power supply. Industries are closing down. Millions of Man hours have been lost leading to an increase in poverty and economic loss of billions of rupees to the country. It is happening despite the facts that about 60% of Pakistan’s population has an access to electricity. And according to World Energy Statistics 2011, published by IEA, Pakistan’s per capita electricity consumption is one-sixth of the World Average.World average per capita electricity Consumption is 2730 kWh compared to Pakistan’s per capita electricity consumption of 451kWh. It is imperative to understand the crises. According to Pakistan Energy Year Book 2011, Pakistan’s installed capacity for power generation is 22,477MW and the demand is approximately the same. The question arises that if the demand and supply has no gap then why we are facing such a crucial electricity crises. To get the answer we need to look into Pakistan’s electricity generation mix fuel wise.Unfortunately, oil & gas has 67% share in electricity generation. Pakistan is generating 35% of its electricity from furnace oil that is mostly imported. Pakistan spends over 12 billion US dollars for the import of furnace oil high speed diesel and crude petroleum that amount is equivalent to 60% of total export earnings and is a serious strain on country’s economy. It was recorded that in year 2011, the import of furnace oil increased by 19% compared to 2010 import.Moreover, the imported furnace oil is high sulphur furnace oil because low sulphur furnace oil is costly. The gaseous emissions from High sulphur furnace oil are polluting the environment and deteriorating the power plants as well. The bitter fact is that the per unit cost of electricity generated from imported furnace oil is high and is expected to increase further due to high forecasted increase in the oil prices. The per unit price of t he electricity generated from furnace oil is neither viable for industrial consumers nor for domestic consumers.At the same time, Pakistan is generating 32% of its electricity from Natural Gas. According to Pakistan Energy Year Book, 2011, Pakistan has 27. 5trillion cubic feet (TCF) balance recoverable gas reserves. Current gas production is 4 billion cubic feet per day (bcfd) and the demand is 6 bcfd. The gas production is expected to fall to less than 01 bcfd by 2025 due to depletion and demand will increase to 8 bcfd. While depleting the indigenous natural gas reserves, about one third of the natural gas is used for electricity eneration (32%) causing a severe domestic and industrial load shedding. That has significantly damaged country’s export earnings and increased the import bill. The proposed Iran gas pipeline would provide only 01 bcfd at a cost of $ 1. 25 billion. The proposed TAPI gas pipeline would provide 3. 2 bcfd to 3 countries at a cost of $ 7. 6 billion. In r esponse to a demand of 8 bcfd, we will be having 3 bcfd in 2025 if both proposed are completed. The gap will be 5 bcfd. The available gas will have 66% share of costly imported gas.In the light of above elucidated facts, it is evident that it will not be possible to feed gas based power plants in future that contribute 32 % of the power generation. In the light of above discussion, it is evident that electricity generated from Oil and gas is not an economically feasible option and the installed capacity of about 15000MW (67%) out of 22477MW would not be operational. International Energy Agency has forecasted that total electricity demandof the country will be 49078MW in 2025. This is a great challenge to enhance the installed capacity to 50000MW from 7000MW.Currently, Pakistan is generating 6481 MW of electricity from hydel sources that is 29% of the total installed capacity. If country completes all the proposed hydel projects including Bhasha Dam, the hydel contribution would be 1 5000MW until 2025 that is 29%. The biggest challenge is to redesign the electricity portfolio and substitute the oil and gas with an abundantly available indigenous fuel source. Pakistan must develop indigenous energy resources to meet its future electricity needs. Pakistan can overcome this energy crisis by utilising its un-used coal reserves.Coal is a game changer for Pakistan. Currently, 40. 6% of world’s electricity is being generated from coal and it is the single largest contributor in world electricity generation. By looking at the electricity generation mix of the countries that are blessed with coal, it is evident that coal is the largest contributor. For instance, Poland, South Africa, China, India, Australia ,Czech Republic, Kazakhstan, Germany, USA,UK, Turkey , Ukraine and Japan are generation 96%, 88%,78%, 78%, 77%, 72%, 69. 9%, 52. %, 52%, 37%, 31. 3%, 27. 5% and 22. 9% of electricity from coal. Pakistan is the only country that is blessed with 185 billion tons of coal and is producing negligible electricity from coal 0. 6%). Thar deposit alone is estimated to be 175 billion tons. It is further estimated that if all the Thar coal is extracted out and converted into electricity through coal fired power plants, it can provide 100,000MW for more than 500 years. There is a dire need to devise a strategy to utilise Thar Coal for power generation.Centre for Coal Technology Punjab University has conducted analysis of 328 samples of coal from all four provinces and AK including Thar coal. A substantial amount of coal in Punjab, Balochistan, KPK, AK and Sindh has high sulphur and ash content that is a challenge to utilise this coal for power generation. All the analysis carried out since 1994 to 2012 by G Couch, geological survey of Pakistan, Oracle coal fields, Centre for coal technology show that Thar coal has a sulphur content up to 1% that is the beauty of this coal that makes it suitable for direct combustion for power generation.At UK-Pakista n coal conference where CEO of world association for Underground coal gasification (UCG ) Julie Lauder and Robert Davidson of International Energy Agency gave presentations and informed the audience that UCG is still in experimentation stage and pilot operations are being carried out at various locations but UCG syn gas is not being used commercially yet. The experimentation is going on since 1928 for the coals that are deeper than 300 meters and not minable. Let me make it clear that I am not against UCG as a technique.My considered opinion is that Thar geology is against the pre-requisites for UCG. Here are some concerns regarding UCG of Thar Coal: 1. The geological structure of Thar block three has been published by geological survey of Pakistan. This structure is against the fundamentals of Underground gasification (UCG) given in every book. First condition for UCG is that the coal should be 300 metre or more deep. Where as in Thar the coal seams are present at a depth of 150 me ter. Secondly, there should be no water around the deposit whereas Thar coal is immersed in water.The aquifer above the coal zone is at about 120 m. then a strata of sand stone and clay stone. The water table ranges between 52. 70 to 93. 27 meter depth. Right below the first coal zone, there are two to three perched aquifers that are aquifers within coal zone with sand horizons of medium to coarse grains. According to experts, the water can also be used for irrigation. Then after the coal seams, a deep aquifer at 200m depth is present. This aquifer is a source of water for tube wells installed in Thar. 2.Moreover, all the analysis carried out by various organisations at different times show that coal itself contains about 46% moisture in it. 3. For complete burning of coal in UCG, a temperature of 1000C is required. It is anticipated that the temperature will not be maintained at 1000 C due to 46% moisture leading to an incomplete burning of coal. The volatile matter will burn and F C content / the most valuable component may remain un-burnt leading to a very low HV gas. 4. About one year ago, Dr. M. Saleem (a member of Dr. Samar Team) predicted that the syn gas obtained will have a calorific value of 106 BTU/cubic foot.Now they claim that they have obtained a gas but have not declared the calorific value yet. This claimed HHV is one-tenth of Natural gas. Due to high moisture content, it would be lower than this claimed value. 5. It is expected to yield production of very low – grade and uneconomic syn gas, bearing high proportions of water vapours, carbon dioxide and sulphureted. 6. The gas with such a low heating value cannot be linked with the national grid. On 25th July, 2012 Dr. Samar briefing Standing Committee on Information Technology said that gas companies have refused to buy this gas. 7.If the heat contained in 46% moisture, compressors energy consumption, energy required for carbon dioxide removal, water removal, H2S, (Hydrogen Sulphide) HCN (Hydrogen Cyanide) removal, tar removal and other operational energy consumption is subtracted from the per unit syngas net heating value (that is vital for power generation) will be further lowered. 8. As the gasification proceeds, the water seepage from the upper aquifer will continue leading to further decrease in temperatures inside the chambers resulting further incomplete burning and yielding much lower HV gas along with un used air. . The sulphur content in the Thar coal will generate H2S (Hydrogen Sulphide) during gasification leading to an environmental catastrophe in Thar as a result of poisonous gases like H2S (Hydrogen Sulphide) and HCN (Hydrogen Cyanide) from the UCG chambers to the surface through the very loose overlying strata and through newly developed or pre-existing cracks etc. 10. There will possibly be contamination of underground water so precious in Thar area, with poisonous chemicals originating from the burn chambers. 11. Proper scrutiny of Thar coal projec t is missing.One cannot find the models of the Thar UCG operation especially the reaction kinetics, heat transfer, gas flow etc ? that are fundamental for every project. 12. For UCG research, experts are of the opinion that the location allotted block V is not a right location because to stop the operation will not be easy and that can destroy the entire deposit. It should have been an isolated location. On the basis above stated concerns, Production of very low – grade and uneconomic syn gas, bearing high proportions of water vapours, carbon dioxide and sulphurated hydrogen due to high water and sulphur contents of the Thar coal is expected.The scope of Dr. Samar Mubarak Mand project was to generate electricity. But after claimed trials, he is now trying to give a new lolly pop to the nation that Diesel and methanol will be produced from Thar coal gas. The question is that India, China and USA and all other countries are generating electricity from coal why they are not prod ucing methanol and diesel? Can you tell the nation how much percentage of global coal is used for these obsoleted routes compared to the coal used for power generation?Pakistan has about 83 sugar mills and methanol can be produced as by product of sugar at much cheaper rate with very little investment compared to the coal route suggested by Dr. Samar. Being a coal technologist and chemical process technologist I can warn that without knowing the process details, economics and economies of scale, a nuclear- political scientist is misleading the nation. If UCG of Thar is a wise option, why commercial organisations like Sindh Engro coal Mining Company, Oracle coal field, UK and Global Mining, China are opting open pit mining at Thar.Definitely, any profit making organisation that believes in â€Å"no free lunch† will go for tested commercial technologies. Only a group of retired hit and trial masters from various fields other than coal can afford this luxury on state expenses. C urrently,8142 trillion watt hour of electricity is being generated from world coal. Out of which how much is generated from UCG? The answer is zero. In response to my post UK-PK coal conference statement of Dr . Samar Mubarak Mand’s lobby through a journalist managed a news item against me in Daily News on 23rd July, 2012.I strongly condemn the highly objectionable language he used. Instead of presenting his view point he tried for character assassination. He declared me as an American agent because I have technically exposed them. I understand that Dr. Samar and his fellows who get heavy Financial benefits from Thar UCG project consider everyone as their personal enemy who criticize the Thar UCG project honestly. Dr. A. Q Khan raised questions on Thar UCG project and declared that Dr Samar intellectually dishonest. Is he an American Agent?Now a days, Dr. Samar Mubarak Mand is running PPP Election Campaign to get heavy funds released. Despite the appearance of Dr. Samar in PP P media campaign on TV for next elections, Federal Minister for water and power Chaudhry Ahmad Mukhtar has stated in a TV talk show â€Å"Awam ki Adalat† on Geo TV dated 15-07-2012 that there is no truth in Dr. Samar’s claims. Is he an American Agent? Dr. Shahid Naveed, Dean of Engineering, University of Engg& Tech Lahore has similar views on Thar UCG project. Is he an American agent?Daily The Nation in its editorial on 11 august 2012, wrote that Dr Mubarakmand’s has been the lone voice in the country advocating the idea and demanded a team of world class experts to do a feasibility study, covering technical as well as financial aspects prior to pour huge investment in this project that is what I have pointed out. What. The senior journalist with so-called solid knowledge should learn the art of investigation based journalism and note that I have doctorate in the area of coal technology from UK and many international research publications in high impact factor j ournals are on my credit.I am not an alien in the field of coal technology like Dr. Samar Mubarak Mand. As far as the Angren project is concerned, no doubt it’s one of the oldest UCG site but IEA still ranked it as â€Å"pilot project†. It is an admitted fact that UCG as a technique is still not a commercial technology. My considered opinion is that opening pit mining is the right strategy to extract coal. Once the coal is in our hands, there will be many invertors for the establishment of coal-fired power generation plants and our beloved country would enjoy 100000MW cheaper electricity for five hindered years.The writer is the Professor & Director of Centre for Coal Technology, University of the Punjab, Lahore. This news was published in print paper. Access complete paper of this day. Electricity has become an essential part of our lives and its outage adversely affects the country’s economic growth and daily lives of common people. Since the past few decades, there has been an enormous increase in the demand of electricity and no appreciative steps have been taken to cope up this issue. Now the demand has exceeded supply and ‘loadshedding’ has become a common issue.Every day an outage of 3-4 hours has to be faced by the people and in summer season the outage length increases to an unbearable level which is making the lives miserable for everyone. What is the government doing to ensure a sustainable supply of energy resources for economic growth? What strategic steps are being taken to acquire energy resources in future? Is private sector willing to invest in Pakistan’s oil industry? What are the incentives being offered to the foreign players to continue working in the exploration sector? What hurdles are stopping other big players around the world to enter Pakistan?What is the role of gas distribution companies so far? Are the citizens of Pakistan being robbed by energy giants with ever rising utility bills? What sh ould be the real price of petroleum, kerosene and other oil products in Pakistan? When will the nation have â€Å"loadshedding free† electric supply? Have we been able to make long term contracts with the countries to provide uninterrupted supply of energy resources? Will the government be able to provide enough sources to the citizens for a sustainable economic growth? Have we lost the race for acquiring maximum energy resources for future survival?Pakistan has rich reserves of coal. Most of the power generation in many parts of the world is being done by using coal as an energy resource. Thar, Lakhra, Badin etc are some of the mammoth coal reserves in Pakistan. If we talk about Thar reserves only we get astonishing facts. Thar coal reserves of Sindh are about 850 trillion cubic feet, which is more than oil reserves of Saudi Arabia and Iran put together. These reserves are estimated at 850 trillion cubic feet (TCF) of gas, about 300 times higher than Pakistan’s proven gas reserves of 28 TCF.Dr Murtaza Mughal, President of Pakistan Economy Watch, in a statement said that these reserves of coal worth USD 25 trillion could not only cater to the electricity requirements of the country for the next 100 years but also save almost billions of dollars in staggering oil import bill. Just two percent usage of Thar coal can produce 20,000 MW of electricity for next 40 years, without any single second of loadshedding and if the whole reserves are utilised, then it can easily be imagined how much energy could be generated. The coal power generation would cost Pakistan PKR 5. 7 per unit while power generated by Independent Power Projects cost PKR 9. 27 It requires just 420 billion rupees initial investment whereas Pakistan receives annually 1220 billion from tax only. Chinese and other countries’ companies have not only carried out surveys and feasibility of this project but also offered 100 percent investment in the last seven to eight years but the à ¢â‚¬Å"petroleum gang† always discouraged them in a very systematic way. Petroleum lobby is very strong in Pakistan and they are against any other means of power generation except for the imported oil.This lobby is the major beneficiary of the increasing oil bill that is estimated to be above 15 billion dollar this year. Beyond the shadow of any doubt coal energy is the most viable solution to the energy crisis situation in Pakistan. The government should seriously think about it and put untiring efforts to cater to the energy crisis situation in Pakistan by utilising coal reserves. BUSHRA ASIM Karachi Tuesday, May 22, 2012 More Sharing ServicesShare|Share on facebookShare on twitterShare on linkedinShare on stumbleuponShare on emailShare on facebook_like| Thar coal — Pakistan’s hope for energy self-sufficiencyBy Amjad Agha Recently it has been reported that the Planning Commission has decided to stop further financing of Underground Coal Gasification (UCG) Projec t at Thar, since no encouraging results are forthcoming. This UCG project is the brainchild of Dr Samar Mubarakmand, who has been working on it for the last couple of years. This news has been given lot of coverage by the media, and a wrong impression is being created as if the Planning Commission has rejected the Thar coal. It is surprising that so far the Planning Commission has not clarified their position.Obviously the objection pertains to underground gasification of the Thar coal and not the mining of the huge deposit of coal. Thar coal deposits are the largest resource discovered in the country, which can provide the much-needed solution for generating large amount of electricity for many many years at affordable price. The estimates indicate that 135 to 175 billion tonnes of lignite coal can be obtained from the deposit, which can produce thousands of megawatts of electricity for decades. Thar coal can be obtained by open cast mining similar to the method used all over the w orld.The UCG is a method of converting unworked coal – coal still in the ground – into a combustible gas, which can be used for power generation. The UCG is at present not extensively used commercially, but research is going on to make it commercially attractive. However, the open pit mining of coal is the normal method being used, and most of the coal is being obtained in this manner. The UCG method is still in the research stage and if found suitable for Thar coal, it will be useful and economical. Therefore, Dr Mubarakmand’s project may be curtailed but should not be stopped until it reaches final outcome.The open cast mining of Thar coal is the project, which the nation has been keenly awaiting, but for some unknown reasons the work on it has still not started. Couple of months ago an article ‘Thar Coal and Energy Security’ by Muhammad Younus Dagha was printed in Dawn newspaper. Dagha is the secretary coal and energy Sindh. In the article, he ha d stated that final arrangement have been completed by Global Mining Company of China for Block-1 and another by Sindh Engro Coal Mining for Block-II. The mining on these projects shall reportedly start by June. Are these dates still valid?The public is desperately waiting for any good news about electricity. The Planning Commission should immediately clarify their statement on Thar coal and inform the public about the real status on start of mining. In my recent paper ‘Electricity Crisis and Circular Debt’, it was explained that real cause of the electricity crisis in the country is due to faulty fuel mix as we are using the highly expensive furnace oil as the main fuel for generating electricity. The fuel cost to generate one Kwh (unit) of electricity through furnace is about Rs 17-18.This does not include the fixed charges for the plant, transmission and distribution costs and losses etc. Since the government cannot afford to buy the oil at this high price, therefore several thermal power plants are shut down or producing much below their capacity. A news item indicated recently that monthly requirement of furnace oil for power plants is 32,000 tonnes but only 10,000 tonnes of oil is being imported. Obviously the generation is accordingly low. The natural gas is another fuel which is being used but is in short supply and very little is available for generation of electricity.The country needs $5 billion for the import of oil, only one-third of the amount will be required if the fuel mix is changed from oil. Globally about 21,000Twh of electricity is consumed per year, 41 percent of this electricity is generated through coal. China generates 78 percent of its electricity through coal, India 68 percent, USA 48 percent but Pakistan only 0. 1 percent. The world does not use oil for electricity, as less than five percent of the world electricity is generated through oil, but Pakistan is using oil for 40 percent of its electricity, which obviously it cannot afford.It’s time that we wake up to these realities, and concentrate on mining Thar coal and start generating electricity through this indigenous resource. Obtaining natural gas through fracturing of underground shale rocks is big news these days. The US is leading in this technology, and China is following very fast. Does Pakistan have any plans for expanding our natural gas production, again no information is passed on to the public. The writer is president of the Associated Consulting Engineers, former managing director of NESPAK, and former chief executive of Pakistan Hydro Consultants for the Ghazi Barotha Hydropower Project