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The Return of Depression Economics and the Crisis of 2008

In The Return of Depression Economics and the Crisis of 2008, Paul Krugman warns us that America’s gloomy future might parallel those of other countries. Like diseases that are making a stronger, more resistant comeback, the causes of the Great Depression are looming ahead and much more probable now after the great housing bubble in 2002. In his new and revised book, he emphasizes even more on the busts of Japan and the crises in Latin America (i.e: Argentina), and explains how and why several specific events–recessions, inflationary spiraling, currency devaluations–happened in many countries. Although he still does not give us any solid options or specific steps to take to save America other than those proposed by other economists, he thoroughly examines international policies and coherently explains to us average citizens how the world is globalizing–that the world is becoming flatter and countries are now even more dependent on each other.
The main ideas in Krugman’s book revolve around the “Keynesian Compact” or the “neoclassical consensus”. Krugman suggests five general so…

 

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The Dancer's Gift and Sociology

“The Dancer’s gift” is a love story between a young man and woman, Marcel and Samantha. But this novel was written not only to call feelings about love and passion; the main goal was to introduce students to sociological concepts. Overall, the book includes more than 180 sociological terms that flow with the story and closely connected to happening events. Marcel, a black man, arrives from Martinique (an island in the Caribbean Sea), and Samantha, a rich American girl, meet each other in college and fall in love. Both of them face obstacles in their lives: Marcel was grown up in a poor extended but a friendly family, while Samantha was a daughter of rich but divorced parents. Marcel comes to the U.S. to become a professional dancer, while Sam decided to become an attorney at law just like her father. Being lovers they decide to spend their Christmas holidays together and go to New York. Next holidays they go to Marcel’s homeland, Martinique, where they realize that there lives a woman who is pregnant by him. At that time all dreams of Sam just collapse due to this bitter disappointm…

 

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We Need Health and Safety for Immigrant Workers

The slaughtering, processing, and packaging of meat has long been associated with a high
incidence of accidents, injuries and illnesses. When the Occupational Safety and Health
Act (OSHA) of 1970 became law, the meat and meat products industry was designated by the
Department of Labor as one of the five Standard Industrial Classifications (SICs) to receive
priority attention as part of OSHA’s efforts to target those industries having the highest rates of
occupational injuries. In this paper I will explain why I agrees with the conclusions and recommendations of the Human Rights Watch in regards to worker safety concerning immigrant workers and why new laws need to be written that ensure worker safety regardless of their immigration status. The Human Rights Watch determined that jobs in the majority of meat processing, beef, pork and poultry plants were so inherently life and limb threatening and this commerce went as far as to blatantly breach international agreements pledging a safe and healthy work environment with impunity. Due to the high rate of injury at that time which …

 

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The Argument of Sociology is Based on Relationships

Creating a good argument, this is an argument which will persuade the opposing side into accepting that the claim which was made, as well as the grounds of the claim, is different for each social science. It is usual for individuals to pull from their personal experiences, their views, morals, and interpretation of things when formulating an argument. The same goes for the various social sciences. Each social science approaches an argument in a different manner, and gives different aspects of an argument a higher regard. Sociology, Pyschology, Anthropology, and Political Science formulate their arguments keeping the importance of their discipline in mind.
When discussing an argument derived from a Sociologist point of view, we must remember that Sociology is a science which deals with human relationships, the interaction of individuals and larger social forces. It emphasizes on group relationships and total social environment. Sociology is the study of how human beings relate and interact with each other, how individual relationships are formed and what the influence of other pe…

 

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What is Sociology?

What is Sociology?
After reviewing the article titles given for this first assignment, I believe they indicate that Sociology, generally speaking, is not only a study of diversity or commonality in traits among people; it is also a science about factors in a person’s life and how these factors culminate responses. Interestingly enough, its topics of concern seem to be directly determined by current and common events of the world. Through the invention and expansion of new ideas, popular trends and fashions through time, Sociology adapts to responsibly to service the very subjects of interest it studies; for, even the slightest change of a person’s daily experience can have an insurmountable impact on attitude, personal growth, family dynamics and basic group behavior.
As case and point, “the impact of the Internet is far greater than any other communicative tool in the history of mass communications” (Elliot, 2008, para. 1). With an expansive, yet extremely convenient means to electronically join people through business, relationships, education and more, Sociology assumes the …

 

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Principles of Economics

Buying a new home can either be an exciting experience in someones life, or can be a major heache with serious consequences. I was fortunate enough to get a house the a VA loan, and the process was somewhat more simple, because I did not have to do the majority of tasks by myself. I advise all of my friends and family, or whomever wants to purchase a home to consider many factors before making that decsions. Principles of economics plays a vital role in the decision making process when wanting to purchase a home. At the time, when I bought my house I didn’t know this but now since I am more knowledgeable on the economical principles, I realized I was applying all these steps unintentionally. Overall buying my home, was a major decision, and I know realize the consequences if not considering factors such as the economy, marginal cost and benfits, or even the right timeing of the supply and demand.
Principles of Economics
The principles of economics are what consumers use on a regular basis when dealing with trade, cost, products and services. This relates to my purchase decision w…

 

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