...Arthur Miller was born in Harlem, New York on October 17th, 1915. He was raised in a moderate household, but lost everything during the Wall Street Crash in 1929. After the crash, he and his family moved to Brooklyn. Arthur worked through his troubles so that he could attend college at the University of Michigan. In college he wrote for the student paper and was in the play called, No Villain. Miller was inspired by one of his professors named, Kenneth Rowe. He was inspired by his approach of playwriting, and wanted to begin his career. He wrote the play, The Man Who Had All The Luck. This play closed after only four performances into the season because of terrible reviews, but six years later, he wrote the play All My Sons, which was a tremendous achievement for him, and achieved the tony award for it. He had many other achievements as well. He wrote the story “Death of A Salesmen,” in less than one day, and was loved by so many people in the theatre. This play won many different awards. Miller married Marilyn Monroe, who starred in the screenplay called “The Misfits,” After leaving his first wife, Mary Slattery. However, in 1961 miller and Monroe were divorced. Lastly he married another woman who was a photographer from Austria. Her name was Inges Morath. They had two children together named Rebecca and Daniel. Daniel had Down syndrome. Miller wanted nothing to do with his son, and asked that he be excluded from the family’s personal life. One of the main stories that...
Words: 343 - Pages: 2
...Jason (born John) Miller was the only child of John Miller, an electrician, and Mary Claire Miller, a special education teacher. When Jason was still an infant, the family moved from New York to Scranton, Pennsylvania. His education was exclusively Catholic. Following parochial school, he attended St. Patrick’s High School, where he came under the strong influence of Sister Celine, a nun of the Immaculate Heart of Mary, who taught Jason public speaking, debating, and rhetoric. Years later he told an interviewer, “She gave me encouragement at a time when I might have stolen cars.” Miller went to the Jesuit University of Scranton on an athletic scholarship and earned his B.A. in 1961. While in college, he garnered a first-place prize in a Jesuit Play Contest for his one-act piece titled The Winners, his first playwriting effort. He then went to graduate school at the Catholic University of America in Washington, D.C., in 1962 to 1963 and, in spite of his absenteeism and breaking of rules, earned his master’s degree. In 1963, Miller married Linda Gleason, a fellow Catholic University drama student and daughter of comedian Jackie Gleason. The Millers moved to Flushing and Neponsit, Queens, in New York City. They had three children before their divorce in 1973. Afterward, Miller moved to Upper Saddle River, New Jersey. At one point, he married model Ruth Josem. He also fathered a fourth child with girlfriend Susan Bernard. In New York, Miller had found occasional work in television...
Words: 1135 - Pages: 5
...ARTHUR MILLER Arthur Asher Miller (October 17, 1915 – February 10, 2005) was an American playwright and essayist. He was a prominent figure in American theatre, writing dramas that include plays such as All My Sons (1947), Death of a Salesman (1949), The Crucible (1953) and A View from the Bridge (1955) Arthur Miller's Childhood: His father was a productive shop-keeper and clothing manufacturer, until the Great Depression dried up virtually all business opportunities. Yet, despite being faced with poverty, Miller made the best of his childhood. He was a very active young man, in love with such sports as football and baseball. College Bound: In 1934, Miller left the east coast to attend the University of Michigan. He was accepted into their school of journalism. His experiences during the depression made him skeptical towards religion. Politically, he began leaning towards the "Left." And since the theater was the cutting edge way for socio-economic liberals to express their views, he decided to enter the Hopwood Drama competition. His first play, No Villain, received an award from the University. It was an impressive beginning for the young playwright: he had never studied plays or playwriting, and he had written his script in just five days! Broadway Bound: After graduation, he continued writing plays. During World War II, his writing career gradually became more successful. In 1940 he crafted The Man Who Had All the Luck. It arrived on Broadway in 1944, but...
Words: 515 - Pages: 3
...From investopedia.com Modigliani and Miller's Tradeoff Theory of Leverage The tradeoff theory assumes that there are benefits to leverage within a capital structure up until the optimal capital structure is reached. The theory recognizes the tax benefit from interest payments - that is, because interest paid on debt is tax deductible, issuing bonds effectively reduces a company's tax liability. Paying dividends on equity, however, does not. Thought of another way, the actual rate of interest companies pay on the bonds they issue is less than the nominal rate of interest because of the tax savings. Studies suggest, however, that most companies have less leverage than this theory would suggest is optimal. (Learn more about corporate tax liability in How Big Corporations Avoid Big Tax Bills and Highest Corporate Tax Bills By Sector.) In comparing the two theories, the main difference between them is the potential benefit from debt in a capital structure, which comes from the tax benefit of the interest payments. Since the MM capital-structure irrelevance theory assumes no taxes, this benefit is not recognized, unlike the tradeoff theory of leverage, where taxes, and thus the tax benefit of interest payments, are recognized. In summary, the MM I theory without corporate taxes says that a firm's relative proportions of debt and equity don't matter; MM I with corporate taxes says that the firm with the greater proportion of debt is more valuable because of the interest tax...
Words: 352 - Pages: 2
...was influenced greatly by his hatred relationship with his uncle. The historical and personal events that occurred during Arthur Miller’s early life greatly influenced his writings of “The Crucible”, “Death of a Salesman”, and “All My Sons”. “The Crucible” was historically influenced by those trying to cleanse American culture of anyone who persisted in seeing the Soviet Union as a source of good in the world. This disgusted Miller so much that he based “The Crucible” on the anti-communist hysteria that pervaded the 1950s America, and the witch-hunts of the late 17th century He hated the idea of tragedy in ordinary lives and had much concern for the physical wellbeing of the working class. The outburst of these ideas caused him to be called before the House Committee on Un-American Activities, and was convicted of contempt of Congress for not cooperating (this conviction however was later appealed). The unraveling of his troubled and turbulent marriage with Marilyn Monroe was the main personal event that influenced Miller’s writing of this play. Miller reflected that the meaning of “The Crucible” was somewhat different in different places and moments....
Words: 746 - Pages: 3
...Why Daisy Miller is a Study on Daisy Miller Daisy Miller is a novel written by Henry James and was first published in the summer of the year 1877. Daisy Miller, the novel, brought international success to Henry James and has been hailed as the first “international novel” by many, and I agree that this novel is known worldwide. However, the novel is not as famous as it is now as it was in the year it was first published. The full title of the book is Daisy Miller: A Study and the content holds truth to its title as the story progresses through observations on the character of Daisy. The story of Daisy Miller does not actually begin with Daisy Miller herself or her as the narrator of the story. It first begins in Vevey, Switzerland with a young American man named Winterbourne, who is the narrator of the story. Winterbourne first meets, not Daisy, but the girl’s younger brother Randolph Miller. Winterbourne later becomes acquaintances with Daisy Miller, whom he finds intriguing and different from the European girls as she is an American, and accompanies her on a trip to the famed castle nearby. After the two part ways in the end of part one, Winterbourne is still curious about Daisy Miller. He goes to Rome, Italy; where his aunt has an apartment, to visit Daisy whom he had promised to meet. When he arrives, his aunt informs him of the latest gossips surrounding Daisy, as the young American girl has become acquainted with many gentlemen friends in Rome; the most talked about...
Words: 768 - Pages: 4
...in Meaning Throughout James' “Daisy Miller: A Study” I have neither given nor received help on this work, nor am I aware of any infraction of the Honor Code. ------------------------------------------------- Date: Signature: Critics of Henry James' “Daisy Miller: A Study” largely focus on main characters, such as Daisy, Winterbourne, or Mrs. Walker. In his preface to the novel, James exemplifies how Daisy defies society's objective to confine women in a rigid sphere, describing her as “... a child of nature and of freedom...” (James 267). In her critic, Dunbar demonstrates how James' international theme comes in effect as Mrs. Walker turns her back to Daisy, declaring, “Mrs. Walker, whose cutting of Daisy seals the young girl's social doom, is in the revision given symbolic value by references to her as ʻthe voice of civilized societyʼ...” (Dunbar, 314). In another critic, Kennedy elucidates Winterbourne's willingness to classify Daisy, stating, “But why is Winterbourne so obsessively determined to categorize Daisy in the first place when his interest clearly extends beyond what would be aroused by an anomaly in his mental filing cabinet?” (Kennedy). Those critics however, omit Randolph Miller, whose meaning in the novel cannot be overlooked. Introduced early in the novel, Randolph Miller's meaning for the whole plot seems limited. However, him requesting lumps of sugar enables Winterbourne to introduce himself to Daisy Miller. Furthermore, Winterbourne uses Randolph...
Words: 827 - Pages: 4
...A BRIEF CHRONOLOGY OF ARTHUR MILLER'S LIFE AND WORKS [This chronology has been compiled and crosschecked against a number of sources, however, a special acknowledgement should be made to the thorough "Literary Chronology" and appendices printed in The Theater Essays of Arthur Miller, eds. Robert A. Martin and Steven R. Centola.] 1915 Arthur Aster Miller was born on October 17th in New York City; family lives at 45 West 110th Street. 1920-28 Attends Public School #24 in Harlem. 1923 Sees first play--a melodrama at the Schubert Theater. 1928 Bar-mitzvah at the Avenue M temple. Father's business struggling and family move to Brooklyn. Attends James Madison HIgh School. 1930 Reassigned to the newly built Abraham Lincoln High School. Plays on football team. 1931 Delivery boy for local bakery before school, and works for father's business over summer vacation. 1933 Graduates from Abraham Lincoln High School. Registers for night school at City College, but quits after two weeks. 1933-34 Clerked in an auto-parts warehouse, where he was the only Jew employed and had his first real, personal experiences of American anti-semitism. 1934 Enters University of Michigan in the Fall to study journalism. Reporter and night editor on student paper, The Michigan Daily. 1936 Writes No Villain in six days and receives Hopwood Award in Drama. Transfers to an English major. 1937 Takes playwrighting class with Professor Kenneth T. Rowe. Rewrite of No Villain, titled, They Too Arise...
Words: 2370 - Pages: 10
...Modigliani and Miller approach to capital theory, devised in 1950s advocates capital structure irrelevancy theory. This suggests that the valuation of a firm is irrelevant to the capital structure of a company. Whether a firm is highly leveraged or has lower debt component, it has no bearing on its market value. Rather, the market value of a firm is dependent on the operating profits of the company. Capital structure of a company is the way a company finances its assets. A company can finance its operations by either debt or equity or different combinations of these two sources. Capital structure of a company can have majority of debt component or majority of equity, only one of the 2 components or an equal mix of both debt and equity. Each approach has its own set of advantages and disadvantages. There are various capital structure theories, trying to establish a relationship between the financial leverage of a company (the proportion of debt in the company's capital structure) with its market value. One such approach is the Modigliani and Miller Approach. This approach was devised by Modigliani and Miller during 1950s. The fundamentals of Modigliani and Miller Approach resemble to that of Net Operating Income Approach. Modigliani and Miller advocates capital structure irrelevancy theory. This suggests that the valuation of a firm is irrelevant to the capital structure of a company. Whether a firm is highly leveraged or has lower debt component in the financing mix, it has...
Words: 833 - Pages: 4
...Modigliani and Miller proposition one (Modigliani & Miller 1958) assume that the composition of the firm's capital Structure is unimportant on the market value of all firms' securities, and consequently the firm's performance and shareholders' value. “The market value of any firm is independent of its capital structure and is given by capitalizing its expected return at the rate appropriate to its class. “This model depends on two keys, arbitrage and homemade alternative (borrowing on personal account). Arbitrage is the process that ensures that two firms differing on laying their capital structure must have the same performance. At the same time the homemade alternative describes that an investor holding an equity stake in a levered firm can sell his stake, raise a personal loan equal to the share that he held in the levered firm, spend the proceeds in a firm that is not levered and increase his income without additional cost. They assume that the shares of the firms within a given class both have the same expected return and the same probability distribution of expected return, and therefore can be considered perfect substitutes for each other. Modigliani and Miller proposition two This proposition is derived from the first one and it concerns he performance of a Common stock in companies whose capital structure contains some debt. The expected rate of return of a stock of any company belonging to a class is a linear function of the firm's leverage. “The expected...
Words: 7319 - Pages: 30
...McCarthyism and The Crucible During the tense era of McCarthyism, “The Crucible” a book about the Salem witch trials was written and published. The Salem witch trials of “The Crucible” , were women making accusations of people participating in witchcraft. Arthur Miller the author of “The Crucible” is compared to McCarthyism because Joseph McCarthy, a senator, accused people of being communists, or having relations with communist. During the 1950s, if anyone was accused of witchcraft they would be put on trial, or anyone having confession of participating in witchcraft would be given an execution. In Act 1 of “The Crucible”, Betty is the daughter of Rev. Parris who has fell ill after participating in witchcraft with her cousin, Abigail. Abigail...
Words: 252 - Pages: 2
...filled with the happy endings that people want them to be. In The Crucible by Arthur Miller, the people of Salem started to dance with the devil, causing reputations to become entangled with life and death. Spurious witchcraft claims appeared rampantly in the town, forcing everyone to pick whether they want to live by their morals, or stray and be safe. The negative impacts of the witch trails are rooted all around, there was, a social unrest among the townspeople, failure in the court system and a misguided church which together form a bad situation to be in. All the claims of witchcraft started due to Abigail and her group of friends out in the forest dancing. Getting caught, in a time were dancing was prohibited. In the beginning of the story, Parris talking to Abigail says, “And what shall I say to them? That my daughter and my niece I discovered dancing like heathen in the forest?” (Miller, Act 1) Basically, the Parris, the minister of the church in Salem, was...
Words: 643 - Pages: 3
...Arthur Miller wrote an imaginatively creative interpretation of the famous Salem Witch Trials in his 1953 fictional play The Crucible. Though the actual details of these true events are unknown, Miller takes his audience back to the overtly religious town and brings to life characters found in historic documents from the 1692 hearings. He cleverly unfolds an intriguing tale of possibilities about the Salem witch hunt which occurred during an era when America was partially unsettled and primitive. This harsh setting easily produced a fear that overshadowed many predominately puritan settlements where it was common to attribute every occurrence, no matter how small, to good or evil, the Lord or Lucifer. The strict environment was bound by rules...
Words: 1755 - Pages: 8
...During this book you will see many people die for for a reason now-a-days people don’t believe in. The Crucible was written by Arthur Miller. This play is based on the events of 1692 and 1693. During this time people believed in witchcraft. Witchcraft is the belief that people made a pact with the devil to do magic. Through it all people stayed true to their values like Rebecca Nurse who stayed to her belief with God and the devil was never here. While I stick to my values through hard times. Early in Act 1 Betty does not wake. Rebecca was one of the ones to examine her. The quote was “...A child’s spirit is like a child, you can never catch it by running after it, you must stand still…”(Miller 22). Through her quote she hints at how through her values she believes no devil touched this kid. While no one believed her she stuck to her value of god and that the devil is not in Salem....
Words: 464 - Pages: 2
...TO: South African Breweries Ltd. Board Members FROM: BiMPSY Business Solutions DATE: August 21, 2011 RE: Assessment of Norman Adami’s Leadership at Miller Brewing _____________________________________________________________________________ Dear Board Members, The BiMPSY Business Solution group, the board of directors for Miller Brewing Company, has recently seen a major cultural change under the leadership of Norman Adami. The following report is an assessment of his leadership at Miller and how that change has affected our company. Adami’s aggressive tactics have rattled our main competitor Anhesuer-Busch (AB). By 2005, AB’s operating income had decreased by 22% with a corresponding loss of 1.8% in sales volume. Miller was also able to gain $10 billion to $12 billion market capitalization from AB.4 Adami has instilled the belief in his employees that the United States’ second largest brewer, Miller Brewing Company, can capture enough market share from its main competitor, Anhesuer-Busch, and possibly overtake it as the number one brewer in North America. We look forward to your questions and comments at the upcoming global board meeting. Best Regards, BiMPSY gives permission for this assignment to be viewed by other students in the MBA cohort. Norman Adami not only changed the climate at Miller Brewing, but in 2003 when he became the President and CEO, he did something even more radical – he “fundamentally changed the direction of the company”5 by changing its...
Words: 1150 - Pages: 5
