... Alfred Marshall Week 2 Assignment Alfred Marshall was one of the most influential economists of his time. His book, Principles of Economics (1890), was the dominant economic textbook in England for many years. It brings the ideas of supply and demand, marginal utility and costs of production into a coherent whole. He is known as one of the founders of economics. Marshall's influence on modifying economic thought is difficult to deny. He popularized the use of supply and demand functions as tools of price determination previously discovered independently by Cournot. Modern economists owe the linkage between price shifts and curve shifts to Marshall. Marshall was an important part of the "marginalist revolution;" the idea that consumers attempt to adjust consumption until marginal utility equals the price was another of his contributions. The price elasticity of demand was presented by Marshall as an extension of these ideas. Economic welfare, divided into producer surplus and consumer surplus, was contributed by Marshall, and indeed, the two are sometimes described eponymously as Marshallian surplus. He used this idea of surplus to rigorously analyze the effect of taxes and price shifts on market welfare. Marshall also identified quasi-rents. Marshall desired to improve the mathematical rigor of economics and transform it into a more scientific profession...
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...The Marshall Plan and its Legacy The Marshall Plan, which pumped $13.3 billion into the European economy between 1948 and 1952, was probably the most effective piece of lasting cultural propaganda of the twentieth century, despite stiff opposition from the Nazis and the Rise and Fall of Soviet Communism, and the possible eventual winner of the Chinese version of Communism. Learning from the mistakes of the First World War, when the allies of America, principally France sabotaged Woodrow Wilson’s dream of a League of Nations, President Truman ensured that not only did Europe re-emerge as a strong economic force, but that American culture has been the dominant force in the world ever since . The Plan was named after the Secretary of State of the time, General George Catlett Marshall, who was army chief of staff in World War II, Secretary of State 1947–49, and Secretary of Defence from September 1950–September 1951. He was awarded the Nobel Prize for Peace in 1953 for launching the Marshall Plan for European economic recovery in June 1947. However, James Reston, among others has suggested that maybe the Acheson Plan would have been more appropriate name. Acheson was working in the State Department with Marshall and the internal memos certainly give a clearer indication of the aims of the plan than the rather toothless speech that Marshall made at Harvard in June 1947 to launch the program. An anonymous scribe in the Department outlined the aims of the programme succinctly...
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...Eminem “My words are like a dagger with a jagged edge...”- “Criminal”, from “The Marshall Mathers LP” An average rap artist wouldn’t be able to grace the covers of VIBE, Rolling Stone, Entertainment Weekly, and Spin while on a national tour months before their major debut album is released. An average rapper couldn’t say that he’s collaborated with Dr. Dre, Elton John, and Dido, all in the same year. Then again, Marshall Mathers III, better known as Eminem isn’t your average rapper. No other artist has ever been the center of such heated and conflicting debates. He’s hailed as brilliant by some critics and deemed as indecent and disgusting by others. But the controversy isn’t as simple as that. This is an artist and a man who is as complex as he is talented. “...no labels wanted to sign me, almost gave up... until I met Dre, the only one to look past, gave me a chance, and I lit a fire up under his ass...”- “White America” Eminem was born in Kansas City, Missouri. During his early years Marshall Mathers and his mother moved between Kansas and Michigan until the age of twelve when they settled in east Detroit. During these years there would be much turbulence to get through. Tragedies including the suicide of his beloved cousin Ronnie and being abandoned by his father threw his world into what could’ve been an irrevocable downward spiral. They would prove to be haunting to the tortured youth. Without stability finding friends and staying out of trouble became...
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...After world war II Europe was devastated, they were in need for help. Europe was destroyed economically also. Millions of people were killed and hurt. Europe’s agricultural production was disrupted by war. There were no transportation methods. The only major country that wasn’t damaged was the United States. Graduating from Harvard University, Secretary of State George C. Marshall issued a call for a comprehensive program to rebuild Europe. The Marshall Plan was officially known as the European Recovery Program or ERP. It was a program during 1947 to 1951 to support with aid. The United States rebuilt and created a stronger economic democracy for the countries of Europe. It was the reconstruction of Europe. President Harry Truman sent Congress...
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...“We Are Marshall” Reason for Choice of Movie The selection of film, I have chosen, is based upon my infatuation with the very intriguing storyline it offers. At first, one may believe that the storyline is nothing more than another movie concerning football. However, the storyline offers a combination of a beloved American sport, along with touching accounts of the lives of each main character, as they dealt with grief and despair independently. Most importantly, the storyline depicts the perseverance of one man who strived for perfection, even when everyone else neither believed in him nor shared his vision. “We are Marshall” correlates with the textbook as, the manner in which individuals adapt to difficult challenges vary from person to person. However, in order to achieve a true state of resiliency, one must allow the stages of grieving to be a fluid process. Finally, “We are Marshall” shows the actions of one, can lead to changes which positively impinge upon many. Summary of Movie “We are Marshall” is based upon a true story that occurred on November 14, 1970. “We are Marshall” begins with a plane crash that kills 75 members of the football team, including players, coaches, and fans. One can imagine how such a devastating event would impact the Marshall University community. Therefore, university President Donald Demond along with influential community members, decided in the best interest of the university, to discontinue the football program...
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...The film Marshall released in October of this year. It was directed by Reginald Hudlin. It stars Chadwick Boseman of Captain American Civil War (2016), Get On Up (2014), and 42 (2013) fame. Like in Boseman’s past roles as James Brown and Jackie Robinson he is amazing playing Thurgood Marshall in this film. The setting of this film is during the early 1940’s during World War II. The film begins with Marshall already being a lawyer for the N.A.A.C.P. and he is traveling around the country defending African Americans who have been unjustifiably arrested due to their race. At the same time we are introduced to a White lawyer of Jewish faith who works civil cases within Bridgeport, Connecticut named Sam Friedman and played by Josh Gad. The NAACP as headed by Walter White, played by Roger Guenveur Smith of Do the Right Thing (1989) fame, contacts Marshall that he is to be doing a case in Bridgeport,...
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...reflective essay is to explore leadership attributes of George Marshall as well as what external influences helped him grow in his leadership abilities. Specifically, I will be discussing the external role of a mentor, and question their influence in a leader’s life. My main interest is truly the question “Does an extraordinary leader need a mentor, and if so, in what capacity”? We first learn about George Marshall in Leading Minds: An Anatomy of Leadership by Howard Gardner. George Marshall was a military leader and strategist from 1913 up until 1951. What categorizes George Marshall as a leadership “master” is due to his knowledge and execution of military strategy and his ability to communicate with a wide range of audiences effectively. In looking at George’s life we understand that his hero early in his career was, General John J. “Black Jack” Pershing who was the commander of U.S. Expedition Force in WWI. As fate would have it, Pershing observed a military exercise that George was supporting; and we see one of George’s leadership traits surface during their exchange. George confronted Pershing publically by defending the conditions that were deemed unsatisfactory by Pershing. Eventually, George became an aide to the General and “the two men—similar in background, temperament, strengths and deficits-gained deep and lasting affection for one another…” (Gardner, 153)” What started as an aide/support role for Marshall eventually matured into a mentor/teacher role from Pershing...
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...Research The Marshall Islands is a sprawling chain of volcanic islands and coral in the central Pacific Ocean, between Hawaii and the Philippines. The small nation consists of 29 atolls and five islands that makes up the island nation. In the northwest, Bikini Atoll are in largely undisturbed waters and is used as a ship graveyard of the warships in World War II, currently it is now a popular diving site for tourist. Marshall islands are located in the region of Micronesia 2,000 to 3,000 miles south and west of Hawaii. The major atolls Kwajalein is located between 160° and 173° East and 4° and 20° North of the equator. Most of the people living in the Marshall Islands are Micronesians. Most of the people that live in the islands are poor and are scarce on resources. Marshall Islands produce their own food called Copra (dried kernel of the coconut). On the Marshall Islands, it is overpopulated which would lead to starvation and most of the residents live in small towns located on the outer islands....
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...Judge, Thurgood Marshall to join the Supreme Court. In August of the same year he was confirmed. This made him the first Black American to ever take occupation in the highest American courts. Thurgood was one of the most effective civil rights activist in history, and he was a firm believer in the constitution. He strongly believed the constitution was the source to get Black Americans the equality they were striving for. He was dedicated to being a voice for his people, and he knew what was politically correct when coming from both sides of a good argument. Some say it wasn’t in the best interest of the country to let a black man on the supreme court at the time, but President Johnson’s response was simply, “I believe it’s the right thing to do, the right time to do it, the right man, and the right place.”1 Thurgood Marshall was born on July 2, 1908, in Baltimore, Maryland. His father, William Marshall, the grandson of a slave, worked as a steward at an exclusive club. His mother, Norma, was a kindergarten teacher.2 One of William Marshall's favorite pastimes was to listen to cases at the local courthouse before returning home to rehash the lawyers' arguments with his sons. Thurgood Marshall later recalled, "Now you want to know how I got involved in law? I don't know. The nearest I can get is that my dad, my brother, and I had the most violent arguments you ever heard about anything. I guess we argued five out of seven nights at the dinner table."3 Marshall attended Baltimore's...
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...What can we learn from Marshall? General Marshall’s staff leadership and management offer some valuable lessons. He handled his staff with absolute efficiency and got more from them than they expected they could give. What made Marshall such a successful staff leader? As important, what can we learn from his leadership and how can we apply it today? At least five aspects of Marshall’s staff leadership deserve special attention. In each case, adapting Marshall’s techniques can help us make better decisions and become more efficient as a staff leader. Using the Staff as a Counterpoint, Marshall was an exceptionally knowledgeable Chief of Staff. Throughout his career, he aggressively sought to learn every aspect and detail of his profession. Due to his own hard work, a diversity of demanding assignments, and effective mentorship by others, Marshall became an expert in many areas. As Chief of Staff, he thoroughly knew the Army’s strengths and limitations from the squad up. With such depth and breath of knowledge about the Army, some staff leaders might be tempted to ignore or discard the advice of their staffs. Other staff leaders might limit their staff to the execution of their preconceived ideas. Still others might view their staff as an impediment to their ideas. Marshall rejected these approaches. Marshall relied heavily on his staff, but not in an information gathering role. Rather, he used them as a sounding board. They broadened his already extensive knowledge...
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...Kerry James Marshall was born in 1955 in Birmingham, Alabama. He graduated from Otis College of Art and Design where he developed his artistic skills. He is married to an actress named Cheryl Lynn Bruce and currently lives in Chicago. Marshall is an American artist well known for his fascinating paintings that interpret both real and imaginative events from African-American history. Most of his work has been influenced by the Black Power and Civil Rights movements, as well as, his experiences as a young man. Marshall’s large-scale paintings and sculptures often incorporated African American’s as the subject of the piece. An example would be the painting called, Many Mansions, which is the first series out of five paintings that depicts the public housing projects in Chicago and Los Angeles. Marshall’s idea of this series came from a sign he saw in Chicago that stated, “Welcome to Wentworth Gardens.” From then on, Marshall became intrigued by the fact that many housing...
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...Thurgood Marshall Thurgood Marshall was a great African American civil rights activist who changed lots of lives in the United States. As a passionate lawyer and prominent Supreme Court justice, he fought for civil rights and social justice in the courts and believed that racial integration is best for all schools. Thurgood Marshall was born a July 2nd, 1908 in Baltimore, Maryland. He was the great-grandson of a slave who was born in the Republic of Congo. His father William Marshall who was a railroad porter and his mother ‘Norma, a teacher, instilled in him an appreciation for the United States constitution and the rule of law. His original name was Thoroughgood, but was eventually shortened to Thurgood...
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...John Marshall Harlan and the Plessy v. Ferguson Case The Plessy v Ferguson case took place in 1896, during a time when the idea of slavery was beginning to fade away, but the thought of two different races being equal was still unforeseen. It all began when an African American male refused to sit in a Jim Crow car on a train – a train car specifically made for blacks so that they would be separated from the whites on the train. People of color had previously spent hundreds of years fighting for their equality and their freedom from slavery. Even to this day there are many obvious barriers to them receiving the equality they deserve. Shortly after gaining freedom in 1865, began the idea of blacks and whites being “separate, but equal.” This meant that although blacks and whites were now equal as human beings, they were still separated by the color of their skin – causing the need of separate facilities for whites and blacks (Voices of Freedom, 53). Marshall Harlan was a very reputable man, as he brought light to the obvious issues with the term “separate, but equal”, stating that it was still extremely unlawful and went against...
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...Television has extended its own self to be familiar with many technologies, spreading its technological alliances to become even more part of our lives. When the shift in technology from analogue to digital became apparent, a decoder was made for the masses to receive television that previously had to be paid for in subscription. The digital box extends the amount of channels sent on one signal, increasing the media coverage and which in turn “creates extensions of the human body and senses” according to McLuhan, every extension has an amputation. The digital box is an over extension of the television, it has become part of television to extent senses and body for the masses. This has established a wider connection, forming a larger global tribe and opening up more space for information from the media to the senses. The demand for constant supply of content has distorted our global view, everything must be simultaneous and we must be involved in everything. Everything we must be involved in is shown on digital television. The chances to connect with more people than before is immense, their visions and their ideas are now at the forefront of our technology. In theory this should extent the broadcasting systems to reach more people and more people, creating a clearer view of the world. As McLuhan has put it “the electronic age’ has sealed ‘the entire human family into a single global tribe.” This should reach out as a united front connecting every singular person through the...
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...Marshall Goldsmith Article Discussion I found this article to be interesting and informative. The author Marshall Goldsmith made some really important points pertaining to how globalization is changing the status quo. The one statement that stood out the most to me was “Forget about security.” I believe certain age old adages to remain constant no matter the era, and this one should be added to the list. Similar to the way great empires have grown, expanded and fallen, the same remains true for corporations and careers. The 20th century alone has seen various careers become redundant. A good example would be switchboard operators. Prior to advances in telecommunications an individual would have to manually direct your call by routing you to the intended destination. This once in high demand job is not only unnecessary in the 21st century, but to many degrees extinct. What is the next advance in technology that is going to render job security obsolete in a given field? Autonomous vehicles are still in their infancy, but I don’t believe it far-fetched that these driverless cars will replace the job of taxi drivers. Self-checkout machines are already being implemented taking away the need for cashiers, and the use of email has proven to be the postal services kryptonite. In order to survive in this interconnected world and avoid unemployment, it is necessary to constantly evolve and learn. It is up to the individuals own abilities to adapt and foresee future events that make...
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