Friday, February 14, 2020

Compare medieval students with your own student life Research Paper

Compare medieval students with your own student life - Research Paper Example hat was practiced in the middle ages thus could be viewed as a Christian doctrine fronted by those who were apologetic for Christianity as a religion and as such had it thinly disguised as some form f philosophy (Kenny, 56). This essay therefore seeks to discuss medieval philosophy giving comparison and contrasts between the medieval students and my own student life. Medieval students were expected to act within the doctrines of Christianity. This was the philosophy that required an individual student to take responsibility for the evil conducted. Medieval philosophy talks about free will and the choices people make about what they do and priority over what should be made superior over the other (Kenny, 62). As such students conduct and actions were expected to be guided by this philosophy. The students were expected to live a life that is guided by these doctrines. They were rules set about dress cords and regulated flamboyant dressing. This students were restricted from staying around with lose women as well as staying up all hours. There mannerism and behavior was controlled using the Christian doctrine as would have been seen today to be theological. The medieval students unlike the student’s life we enjoy today had a lot of respect for the laws that were established in their institutions. The development and growth of the universities including increase in population however brought changes which can now be seen as contributors to the similarities we share today like the strikes and brawling as well as drinking that characterizes our universities today. The lives of the medieval students socially pale in comparison with that of my student life. There was a lot of patronizing and strictness about the school rules and students were monitored and chastened in a Christian way of life. This days things are different, students are a all about their freedom and liberty. The fact that most of them are in college at an adult age makes them want to express their

Saturday, February 1, 2020

A Economics Commentary on Protectionism Assignment

A Economics Commentary on Protectionism - Assignment Example Increase in tariffs increase the revenue for government as it serves as a tax which is imposed whereas quotas may or may not increase the revenue for the government. However, there are also welfare impacts of the quota and tariffs also on the domestic economy which can indicate that the protectionism may not be good for the economy. The above diagram shows the impact of having quotas on the supply level and the prices and how the imposition of quotas will create welfare loss for the consumers. The above graph indicates that the world supply is elastic in nature and is indicated by a horizontal line showing SH+Q. The line DH indicates the overall demand in the market and the interaction of supply and demand indicates the market clearing conditions at different price and quantity levels. Recently, US has imposed higher tariff on the import of tires from China in a bid to protect the ailing tire industry of the country which resulted into the job losses for last five years. (Whoriskey and Kornblut). Now that tariff is imposed on the import of Chinese so that the production is reduced. As a result of this, the price level will move to Pw’ from Pw in local market for locally manufactured tires. As a result of the tariff imposition, the supply will reduce and the aggregate supply curve will shift leftward to SH. This reduction in the supply and the increase in prices will therefore result into the decrease in the supply and the increase in prices therefore will not only result into the reduction of consumer surplus but will also result into the welfare loss. This is because the imposition of the tariff increases the domestic prices over and above the world prices thus making the domestic consumers more worse off owing to the increase in the prices. The imposition of tariffs on the import of Chinese tires will first disrupt the equation of trade balance between both the countries as US’s import of tires from China will reduce as the imported