Online Education Research Paper Example | Topics and Well Written Essays - 1500 words

Online Education - Research Paper Example From this research it is clear that the Internet and intranet hold enormous potential for the rapid dissemination of knowledge and information to a worldwide workforce when utilized correctly. However, online-based education comes with its merits and demerits. Online education comes to extensibility, accessibility and suitability. It means that users can proceed through a training program at their pace and place too. Considering they do not need to be in class at a given time of the day, students can access online training at anytime. Additionally, they can receive as much training as they want since the internet is rich in information. By not physically being available in class, the students will save time and costs of travelling to class every day. It will also give convenience to students since they attend classes in their own time.This paper discusses that online education provides collaborative and explanatory environment. It enables students to explore more with other students, through online forums, like Course Info's Discussion panel and talk, give communal areas to rely information. Additionally, online education is cheaper. It cuts on transport cost where the learner is required to travel to attend classes, the cost of buying teaching materials such as textbooks, chalkboards and acquisition of the physical learning environment. Some of the cost used in meeting requirements for online education may not exist in traditional education.

Adam Smith & UK Income Taxation Essay Example | Topics and Well Written Essays - 4500 words

Adam Smith & UK Income Taxation - Essay Example 42). According to Smith, the first maxim is that â€Å"the subjects of every state ought to contribute toward the support of government, as nearly as possible, in proportion to their respective abilities, that is in proportion to the revenue which they respectively enjoy under the protection of the state† (Smith 1784, p. 639). According to Smith, â€Å"observation or neglect of this maxim consists in what is called the equality or inequality of taxation† (Smith 1786, p. 639). For Smith, the second maxim is that â€Å"the tax which each individual is bound to pay ought to be certain, and not arbitrary† (1784, p. 639). For Smith, this means that â€Å"the time of payment, the manner of payment, the quantity to be paid, ought all to be clear and plain to the contributor, and to every other persons† (1784, p. 639). For Smith, the second maxim is necessary because â€Å"otherwise, every person subject to the tax is put more or less in the power of the tax-gathered, who can either aggravate the tax upon any obnoxious contributor, or extort, by the terror of such aggravation, some present or perquisite to himself† (1784, p. 639-640). Smith emphasized that uncertainty of taxation â€Å"encourages insolence and favours the corruption of an order of men who are naturally unpopular, even where they are neither insolent nor corrupt† (1784, p. 640). The third tax maxim of Adam Smith is that â€Å"every tax ought to be levied at the time, or in the manner, in which is it most likely or most likely to be convenient for the contributor to pay it† (1784, p. 640). Finally, Smith’s fourth maxim on taxes is that â€Å"every tax ought to be contrived as both to take out and to keep out of the pockets of the people as little as possible over and above what it brings into the public treasury of the state† (1784, p. 640). On the fourth maxim, Smith also noted four things. One, the tax levy may require a great number of officers whose salaries may eat the greater portion

Does America Have a Foreign Policy by Mark Funkhouser Article

Does America Have a Foreign Policy by Mark Funkhouser - Article Example The fact that the governor intervened with a new solution that was appealing to the people was commendable, though it did not go down well with the Ferguson police department. However, it does point out that governance has to be approached from an open-minded perspective as Governor Jay Nixon did. Working solutions have to be implemented in the short-term period then seek long-term solutions later. Similarly, Feather O’Connor Houston believes that governance has to be approached with transparency and commitment to bring about the much-needed changes. She uses the example of the veteran’s healthcare issues that had not been addressed for a long time. She is right to insist that reforms in the public sector has to be approached with competence so that the results can be timely, convenient and of good high quality. In what appears to be a summary assessment on leadership, Michael Brenner explores the loop side of the Obama administration and ponders to ask whether America does have a foreign policy. The author argues that since Obama took over as the president, there has been no tangible evidence of American foreign policy. The author is right to observe that indecisiveness by the Obama administration on such matters are responsible for the rise of IS and Moscow’s interference on Kiev. Brenner is also right to observe that political advisors should be people with experience, not political campaigners as Obama may have done. Brenner, Michael (2014, October 13).

Adam Smith & UK Income Taxation Essay Example | Topics and Well Written Essays - 4500 words

Adam Smith & UK Income Taxation - Essay Example 42). According to Smith, the first maxim is that â€Å"the subjects of every state ought to contribute toward the support of government, as nearly as possible, in proportion to their respective abilities, that is in proportion to the revenue which they respectively enjoy under the protection of the state† (Smith 1784, p. 639). According to Smith, â€Å"observation or neglect of this maxim consists in what is called the equality or inequality of taxation† (Smith 1786, p. 639). For Smith, the second maxim is that â€Å"the tax which each individual is bound to pay ought to be certain, and not arbitrary† (1784, p. 639). For Smith, this means that â€Å"the time of payment, the manner of payment, the quantity to be paid, ought all to be clear and plain to the contributor, and to every other persons† (1784, p. 639). For Smith, the second maxim is necessary because â€Å"otherwise, every person subject to the tax is put more or less in the power of the tax-gathered, who can either aggravate the tax upon any obnoxious contributor, or extort, by the terror of such aggravation, some present or perquisite to himself† (1784, p. 639-640). Smith emphasized that uncertainty of taxation â€Å"encourages insolence and favours the corruption of an order of men who are naturally unpopular, even where they are neither insolent nor corrupt† (1784, p. 640). The third tax maxim of Adam Smith is that â€Å"every tax ought to be levied at the time, or in the manner, in which is it most likely or most likely to be convenient for the contributor to pay it† (1784, p. 640). Finally, Smith’s fourth maxim on taxes is that â€Å"every tax ought to be contrived as both to take out and to keep out of the pockets of the people as little as possible over and above what it brings into the public treasury of the state† (1784, p. 640). On the fourth maxim, Smith also noted four things. One, the tax levy may require a great number of officers whose salaries may eat the greater portion

Physical books Essay Example for Free

Physical books Essay The answer to this question is a simple yes. We shall prove in our discussion why we have chosen this answer. With advances in technology the word ‘paper’ no longer implies a material made of cellulose pulp, derived mainly from wood. As we make further advances, we see that the definition of paper has changed. Physical books that were made of paper have morphed into digital copies called e-books that are available over various mediums of communication such as the Internet or even our very mobile phones. We know that everything has a certain shelf life and if continue to use it beyond that period we will cause ourselves harm, this is also true for physical paper books, time has come to move over the paper books and to enter the world of e-books. Two of the most important factors supporting the cause of the e-book are that it saves: 1. Time and 2. Money 1. Time: In this rapid moving world we are all constantly on the move and we require information immediately, with e-books we can find the information we want immediately. Money: We all want to save money; e-books will be available at only a fraction of the price of the paper books since it will be cheap for the publishers to produce and this benefit will in turn be passed on to the consumer. Reasons for decline of paper books and the popularity of e-books are obvious: 1. E-books can be view almost instantaneously: One can browse through the thousands of e-books available on the Internet by just typing the keywords and purchase the e-book we want by using our credit cards and download the e-book immediately, thus we are saving a lot of overhead costs. 2. E-books cheaper for the publisher to publish as various overhead costs are minimized: Various overheads costs such as huge and expensive printing machinery and their maintenance will disappear; also there will not be need of a large work force to manufacture e-books. 3. E-books cheaper for the consumer to purchase than physical paper books: Since the manufacturing costs of the publishers will be minimized, this will be passed down to the consumer. Thus the consumer will enjoy great savings. 4. E-books can reach a much larger audience worldwide: E-books can be launched instantaneously through out the world; there will be no waiting to buy our copy of the e-book. Also many times a physical paper book is not available in all parts of the world, but this will not be a problem with e-books. 5. E-books are environment friendly: Unlike physical books made from paper, which is derived from timber, e-books don’t need the resources of nature to be made. Thus we will be saving thousands of trees every year and thus reducing the greenhouse effect and making the earth a green place to live in. 6. We can have thousands e-books in our digital device: We can literally have thousands of e-books in our digital device such as a laptop or a computer. The number of e-books is only limited by the storage capacity of our computer or laptop. This is impossible with physical paper books. Can you imagine a person moving around with a library of paper books? But we can move around with our library of e-books on our laptop anywhere! Conclusion: We as humans should be ready to accept the change of books from the physical to the virtual. Are we truly ready to leave the paper copies of the great novels and instead view them as e-books? Some have even said that if we do this we’ll be disrespecting the great authors and poets, but as we wait, the world around us rapidly changing. In the end we may have no choice but to accept the e-book as it gains popularity and following every passing day. This it’s only a matter of time before the paper books are replaced by e-books. Thus we have observed and noted from the above examples that the books made of paper are on their way out and the time of the e-book has arrived. (Sam Kleinman 2007) Works Cited 1. ZATZ Publishing (2007) Print books vs. e-books by Sam Kleinman, page 1[last updated 2007] [Online] Available from: http://www. palmpower. com/issues/issue200206/ebook0602001. html 2. ZATZ Publishing (2007) ZATZ Publishing (2007) Print books vs. e-books by Sam Kleinman, page 2 [last updated 2007] [Online] Available from: http://www. palmpower. com/issues/issue200206/ebook0602002. html

History Of The Compound Interest

History Of The Compound Interest The history of compound interest goes back thousands of years, at least to Babylon, the traditional for Israel. What compounding means is the adding of accumulated interest back to the principal so that interest is earned on interest from that moment on (Wickipedia; the peoples dictionary). This is far different than simple interest, which means that the principle remains separate from the interest, which is paid to the creditor at various intervals, and so is not added to the principal amount. In other word, compound interest is when you put your money in a bank, you will normally receive interest. Interest is a percentage received on the invested amount for a period of (usually) a year. Principal for compound interest: For example, say you invest RM1000 in a bank for 5 years at 5.00% interest per annum As you can see, your balance at the end of 5 years, using compounding is RM1276.30. However, if the simple interest calculation is used, you would only receive RM1250.00 at the end of 5 years. So basically, compounding allows the interest you receive at the end of each year to generate more interest for the following years of your investment period thus enhancing your total returns. Formula: When the interest is compounded once a year: A = P(1 + r)n However, if you borrow for 5 years the formula will look like: A = P(1 + r)5 This formula applies to both money invested and money borrowed. Frequent Compounding of Interest: What if interest is paid more frequently? Examples of the formula: Annually = P ? (1 + r) = (annual compounding) Quarterly = P (1 + r /4)4 = (quarterly compounding) Monthly = P (1 + r /12)12 = (monthly compounding) P = the principal (the initial amount you borrow or deposit) r = the annual rate of interest (percentage) n = the number of years the amount is deposited or borrowed for. A = the amount of money accumulated after n years, including interest. Compound interest from Malaysian perspective. This time I want to show a newslater I subscribe from the young Malaysian millionaire mr. Irfan Khairi. He tells about the power of compound interest when we had saving. Compound Interest is the most important tool that gives rich people in the world. The key is, can start saving as early as even a little, and discipline to keep the consistency. What is interesting here is where we select our saving store to provide high returns, the next great compound interest would be more shown again. He mentioned about the stores that can provide returns of 12% per year is, I is not no other a mutual fund or unit trust. Now in Pakistan, returns 12% is quite normal if you research the companies Mutual funds. Please read newslater the power of compound interest to know. The compound intereset is not how do people get rich easier but it is how to make sure people get rich. Wanted to know what way? Let me explain with a better viewer Imagine a baby when born, every day, his/her mother put RM1.00 to the fund for the baby, of dollars daily. Its a total of RM30 per month. Year, the amount to RM365. Continue into the reserve fund and when the baby was aged 40 years, the amount contained in the fund is RM14, 600. Money saved is not growth. Perhaps the funds used to upgrade to a larger fund. But, lets face it RM14, 600 from the storage for 40 years is not a large amount. Now, imagine if the money is stored in the storage unit yields of 12% per annum interest and RM1 in store every day since birth. Money should only RM14,600, now RM352, 943.18 after 40 years. RM352, 943.18? Where it came from the RM338, 343? This is the answer to the question of how to become rich for sure. Addition of RM338, 343 is coming from the compound (Compound Interest). Compound Interest is the most important tool that gives rich people in the world. Elbert Einstein was question of the compund Interest. Answers given by him is very easy. He said the compound interest is the greatest Invention of all time. Of course my example of the baby in the not quite logical. How much is a mother can enter RM1 each day until the baby is 40 years of age. However, my example is to show that the small savings that we, if invested in the long run, it will be great! I have contacts who know to take advantage of interest compounds. They are husband and wife simple. Husbands income is RM2,500. Wife income is RM2,500. They live modestly and not wasteful. So, to cover all expenses paid by husband-living homes, cars, food and drink and all the requirements for payment by the husband. Meanwhile, the wife of the store to pay the storage unit yields 12% (now in Pakistan, returns 12% is quite normal if you research the companies Mutual funds). A couple is actually in the road that will lead them to become millionaires. On how? Save RM2,500 per month and given 12% returns on their savings, they say start at the age of 25 years (married young). Before they reach 45 years of age and get wealth, amounting to RM2,473,138.41. Yes, almost RM2.5 million. And this is the only think that kept wages wife could not go up for 20 years. A couple achieved millionaire status in 38 years of age. All of this is the power of compound interest. If you are not excited by these figures, let me explain more about the kompound interest and the interest compounds the key to success. The key to interest compounds. That is, start by quickly. If you delay starting your savings, interest kompun delayed effects. The answer is very simple, infact, it is no longer a secret because in any personal finance books in the world, surely there is a telling chapter in this way. Means that 100% if used will make us millionaires. Yes, you too can become millionaires if this manner. No matter our background, no matter the level of intelegent us, no matter what our expertise, there is a way to be sure that someone is a millionaire. However, not many people really take advantage of this because of Islamic Religion especially forbidden to do so. The Quran explicitly mentions compound interest as a great sin. Usury (oppressive interest), known in Arabic as riba, is considered wrong. Compound interest from others perspective. Several writers I studied traced the concept of compound interest to the Sumerians, whose empire included fabled Babylon. Could it be that compound interest and its questionable value is another gift to us from Babylon, the kingdom and system against which God declares eternal vengeance? Although Jubilee justice of the Bible allows no interest to be charged to fellow Israelites, there may be some cases where reasonable simple interest is both just and necessary. Economists use the term opportunity cost to describe the cost of other lost opportunities when money is devoted to one cause, such as making loans. So perhaps a low amount of simple interest would reward one for using money to make a loan rather than spending it upon oneself. And theres the additional element of risk, which also needs reasonable compensation. But never should interest be charged on funds loaned to the poor for their subsistence, nor should unpaid interest be used as a reason for foreclosure on productive assets or personal dwellings. Our legal system generally protects moderate home equity from loss in bankruptcy cases, but not against foreclosure due to lapsed mortgages. Why not? The effect of compound interest Weve all seen articles on the wonders of compound interest. But most of us dont have large sums of money just lying around waiting to be invested wisely. So were going to see how us poor folks can apply compound interest to make a difference in our lives. Time and compound interest, however, are a double edged sword. That 14% interest youre paying on your credit card debt is actually much higher if you figure in compound interest. now lets get down to how us poor folks can take advantage of compound interest. Could you find a way to save RM5 per month? Maybe skip lunch at McDonalds or rent fewer videos each month. If you drive a lot you might save 2 gallons of petrol by getting rid of the extra weight in the trunk of your car. Maybe send a couple of handwritten notes instead of greeting cards. If you look and you really want to, youll probably find some way to save that $5 each month. But, at that rate itll take forever to save anything. Well, lets see. If we save RM5 per month, earn 5% interest compounded monthly and continue to do that for 10 years whatll we save? Well, well have saved RM600 (120 x 5). But the account will be worth RM776. Thats enough for a purchase or repair bill. You do not understand and have credit card debts. We people cannot save money. Oh, but youre wrong my plastic using friend. Lets suppose you take that RM5 per month and add it to your credit card payment. Youll actually do better than the saver. Lets assume that your credit card interest rate is 14% annually. After ten years youll have paid off an additional RM1,315 in credit card balance. More time magnifies the effects of compounding. Lets say you put some money away today at 5% interest. That money will double in about 14 years. If you left the interest in the account youd have twice as much money earning interest in years 15 through 28. Its like you were getting 10% interest on your original savings. By year 29 youll be earning 20% interest on your original savings! The rest of the account will earn a less depending upon how long its been in the account. Another great mind of the Twentieth Century, the philosopher and theologian Alfred North Whitehead, believed that everything in the universe is constituted by its relationships to other things. Whitehead is the source of what has come to be known as process thought. In addition to an intensity differential, there is another difference between simple and compound relationships. If my identity is constituted by my relationships, I need to take other people and other things seriously. In part, they make me who I am. Simple relationships are those in which I deny this fundamental reality and act like everything is about me. Compound relationships, on the other hand, are ones in which I recognize the truth: my life is indeed about me, but its also about other people and other things as well. Value comes from relationships that are both substantial and reciprocal. In terms of our everyday experience, simple relationships focus only on how useful or obstructive others are to helping us get what we want. Each person in our lives has a functional role: customer, sibling, competitor, parent, employee, investor, teacher, friend, boss, teammate, or subordinate. We also view the elements of the natural world in an instrumental way: air is to breathe, water is to drink, land is to develop, trees are to harvest, oil is to drill for, and crops are to engineer. When our national interest is defined one-dimensionally, other nations are either with us or against us, friend or foe, loyalist or traitor. The problem with this approach is that it severely limits the value we can create. This has become painfully clear to our nation in recent months. We are learning the hard way that much of what happens in the world is not about us and what we want. If democracy eventually comes to Iraq, it will come because the people of Iraq long for it, not because our military insists on it. Our mistake as a nation is not that we want freedom from tyranny for the Iraqi people. Our mistake is in believing that our view of things is the only one that must be taken into account. I am deeply troubled by the disdain for human dignity shown in the Abu Ghraib prison. But I am also troubled by how those actions mirror with appalling clarity our wide-ranging disdain for other interests and other points of view. Value comes from relationships that are substantial and reciprocal. We will always be better off when we understand the truth: our interests are compound.

Issues of the Human Genome Project :: Genetics Genes Science Papers

Issues of the Human Genome Project The history of the human race has been filled with curiosity and discovery about our abilities and limitations. As an egotistical creature with a seemingly unstoppable desire for new accomplishments, we attempt feats with emotion and tenacity. People worldwide raced to be the first to discover the secrets and the ability of flight. Enormous amounts of monies were spent on sending people into space and the race to land on the moon. With the rapid growth of scientific knowledge and experimental methods, humans have begun to unravel and challenge another mystery, the discovery of the entire genetic make-up of the human body. This endeavor, the Human Genome Project (HGP), has created hopes and expectations about better health care. It has also brought forth serious social issues. To understand the potential positive and negative issues, we must first understand the history and technical aspects of the HGP. History of the Human Genome Project The HGP has an ultimate goal of identifying and locating the positions of all genes in the human body. A researcher named Renato Dulbecco first suggested the idea of such a project while the U.S. Department of Energy (DOE) was also considering the same project because issues related to radiation and chemical exposure were being raised. Military and civilian populations were being exposed to radiation and possible carcinogenic chemicals through atomic testing, the use of Agent Orange in Vietnam, and possible nuclear power facility accidents. Genetic knowledge was needed to determine the resiliency of the human genome (1). Worldwide discussion about a HGP began in 1985. In 1986, the DOE announced its' Human Genome Initiative which emphasized the development of resources and technologies for genome mapping, sequencing, computation, and infrastructure support that would lead to the entire human genome map (3). United States involvement began in October 1990 and was coordinated by the DOE and the National Institute of Health (NIH). With an estimated cost of 3 billion dollars, sources of funding also include the National Science Foundation (NSF) and the Howard Hughes Medical Institute (HHMI). Because of the involvement of the NIH, DOE, and NSF who receive U.S. Congressional funding, the HGP is partly funded through federal tax dollars (1). Expected to last 15 years, technological advancements have accelerated the expected date of completion to the year 2003. This completion date would coincide with the 50th anniversary of Watson and Crick's description of the structure of DNA molecule (3).