Critical Review of a Technology and Economics Article :: Economics Essays

The article Digital Technology and Institutional Change from the Gilded Age to Modern Times: The Impact of the Telegraph and the Internet describes the difficulties that exist when trying to create an accurate economic model showing responses to new, economy changing, technologies. The author Ronnie Phillips mainly focuses on institutional economics and, by showing the history of other technological advances, the need for institutional analysis. He explains how the challenge is to explain societal change, recognize what and how it happens, and create policies that will "foster" increased living standards throughout the world. The way that the author forms his article is by first giving a rather exhaustive history of the telegraph, and reviews the impact that it had when it became a major form of fast communication. He then goes over some factors that are essential to understanding the evolution of society. One, that technology is of the nature of a "joint stock of knowledge for humankind"; two, the role institutions and organizations (like the government) play in the development of the technology; three, a so-called ceremonial encapsulation and path dependency; and four, the unpredictability of technological change and it’s impact on society. The last half of the article addresses institutional economics, while not very clearly, he writes about the institutional changes that the internet has had on the economy, while going into a short history of the growth of the internet. The conclusion of the article involves an argument/discussion about whether or not the arguments presented in the article substantiate a "new institutional" or "old institutional" methodology versus whether or not they fall within neoclassical theory. Many questions remain unanswered through the end, and even more are raised right in the last paragraph. Although the author does raise some very interesting and provoking questions in the beginning of the article, unfortunately, some of them are very difficult to answer, or just can’t be answered. While the article doesn’t solve any problems, it does raise awareness and creates some interesting connections with the present and the past. The overall question the author wishes to answer is "how can economists understand and explain the nature of societal change?" The information is explained mostly through a narrative history with a short quantitative analysis of the growth of the telegraph and the Internet.

Government Assistance on Welfare Programs

S. B. 311 will reform the current system of welfare. The reform of the national system is based on the Wisconsin Works or W-2 bill. The bill makes it necessary for people receiving financial, medical, and other various types of government assistance to work for what they receive. The goal of this bill is to eventually get everyone off of the current welfare system. This bill requires everyone who is currently receiving welfare to find employment or enter a job training program. The part of the W-2 bill that will be included is the part that deals with job location. Every participant would have to meet with a financial and employment planner, who would help develop a money and time management program for that person. They would also determine which level of employment or training the participant is ready for. Here are the levels from top to bottom: Unsubsidized Employment: People entering at this level will be offered the best available and immediate job opportunity. If the job does not provide a high enough income to support oneself, income credits, food stamps, Medical Assistance, and child care may be accessible for 6 months. This period of time is given to the participant to locate a higher income job. Trial Jobs: These jobs are designed for people who are not able to locate unsubsidized work. The bill would cover added costs to the employer for training an employee which might need extra support in job training for the first 3-6 months. These trial jobs should result in permanent positions. While a participant is working at a trial job the would be eligible for all of the current assistance programs. If a person quits a trial job they will be ineligible for any further financial or any other type of assistance. Community Service Jobs: This category is reserved for people who do not have the job skills necessary to be hired by a regular employer. CSJ workers would receive $700 per week for up to eight months. During this period, a participant would have to work 30 hours a week and have 10 hours of educational training a week. After the eight months, the participant would be transferred to a trial job. Transition: Transition jobs are only for those people unable to perform self-sustaining work. These participants would receive up to $700 a week for up to a year. During this period, a participant would be required to have 30 hours of work and/or developmental training a week and 10 hours of educational training a week. Participants would be eligible for all assistance programs and would be required to move to the CSJ category after a year. These are the measures that would be taken to help people find employment and permanently get them off of welfare. The current national system that is being used for work requirements is TANF. TANF stands for the Temporary Assistance to Needy Families. The required number of monthly hours of participation in the program is 25 hours for 1999. Job skills ttraining, education related to employment, and secondary school or GED completion does not count towards the first 20 hours of participation. They can be in the program for up to 24 months and can receive all of the current welfare benefits. Then job searching is allowed for an additional 3 months, while participants still receive benefits. The only punishment this programs implements for able adults that do not work is that the adult would only receive foods stamps for 3 months out of a three year period. However, the person would still be eligible for other assistance benefits. The current national system seems like a joke. It is practically encouraging people not to work. It has a basis for some practical ideas, but the requirements are far too small and there is virtually no motivation for a person to work. Everyone is not given an equal chance to get a job growing up, but that does not mean working Americans should have to support them. S. B. 311 proposes a practical working plans for unemployed citizens and also has rigid standards. The expectations are high of the participants, but it is time that unemployed people have to work for what they receive. The bill proposes a plan which provides adequate assistance for people receiving job training and assistance to those who are starting unsubsidized work. On the other hand, the guidelines of the bill were designed not to tolerate an unwillingness to work. If a person chooses not to work, or to go through the levels of job training, they will receive no government assistance. This seems harsh, but who wants to support someone who refuses to work? The participants of this program are given more than a fair chance to find employment and if they choose not to work, they will suffer the consequences.

Guilt in Macbeth Essay - 1708 Words

Guilt in Macbeth There is a large burden of guilt carried by Lady Macbeth and Macbeth in Shakespeares tragedy Macbeth. Lets look at this situation closely in the following essay. Fanny Kemble in Lady Macbeth asserts that Lady Macbeth was unconscious of her guilt, which nevertheless killed her: A very able article, published some years ago in the National Review, on the character of Lady Macbeth, insists much upon an opinion that she died of remorse, as some palliation of her crimes, and mitigation of our detestation of them. That she died of wickedness would be, I think, a juster verdict. Remorse is consciousness of guilt . . . and that I think Lady Macbeth never had; though the unrecognized pressure of†¦show more content†¦[. . .] Macbeths capacity for seeing things that may or may not be there is almost limitless, and the appearance of the mousetrap play to Claudius, though more easily explained, has the same dramatic point as the appearance of Banquos ghost. (90) The Tragedy of Macbeth opens in a desert place with thunder and lightning and three witches who are anticipating their meeting with Macbeth. Macbeth is greeted by the witches with hail to thee, thane of Glamis, thane of Cawdor, and thou shalt be king hereafter! When Ross and Angus arrive with news of Duncans reward (He bade me, from him, call thee thane of Cawdor), it is logical for Macbeth to assume that all of the weird sisters prophecies will come true. At this point in the play there is no guilt felt. After the kings announcement that We will establish our estate upon / Our eldest, Malcolm, Macbeth says, The Prince of Cumberland! that is a step / On which I must fall down, or else oerleap, for his scheming is seriously underway. At Inverness in Macbeths castle, his lady anticipates Duncans visit: The raven himself is hoarse / That croaks the fatal entrance of Duncan / Under my battlements. Beginning at this moment in theShow MoreRelatedGuilt In Macbeth880 Words   |  4 PagesThe story â€Å"The Tragedy Of Macbeth† also called The Scottish Play was written in 1606, by William Shakespeare. The story takes place in Scotland where King Duncan is in charge the country. Macbeth who is the Thames of Glamis, will go on an adventure to take leadership of the country of Scotland, while he also battles with his personal insanity along the way. Macbeth will eventually be King of Scotland and have a miserable reign due to his guilt, inadequacy and tyranny. Macbethsmiserable reign startsRead MoreEffects of Guilt in Macbeth776 Words   |  4 PagesPaul Broussard English IV H October 26, 2011 Effects of Guilt in Macbeth The psychological effects of guilt are vividly depicted in Macbeth and cloud the mindset of characters throughout the play. In much of Macbeth, a sense of guilt Macbeth and Lady Macbeth both possess leads them to take actions that ultimately lead to their downfall. It is this sense of guilt that drives them both mad. Guilt plays a large part in influencing Macbeth and his wife act after they have committed their crimesRead MoreMacbeth Guilt Essay1135 Words   |  5 PagesWilliam Shakespeare’s Macbeth is a tragedy in which the plot evolves in great accordance to the guilt that the individual characters feel. The guilt starts with the planning and execution of the murder of King Duncan. To this event Lady Macbeth and Macbeth react in different ways. They both become guilty in some way or another but the guilt they feel is comprised of different reasons. It is due to their differences in character that they react in the ways they do. While it might not seem like bothRead M oreTheme Of Guilt In Macbeth901 Words   |  4 PagesMacbeth is a beautiful literary work, with many ups and downs of each and every character. The two principal themes throughout Macbeth are the struggle for power and the resulting waves of guilt that overcome the characters, most prominently Macbeth and Lady Macbeth. The reader experiences the guilt that starts to overcome the characters and their plunge into madness. In Macbeth, Shakespeare brilliantly displays the inner workings of a guilty person’s mind; and uses both themes to heighten the chaosRead MoreGuilt In Macbeth Essay1003 Words   |  5 PagesGuilt: For the Better or Worse? Guilt may be a lesson to learn or detrimental it depends on how one manages it. Additionally, one may interpret it as being necessary to flourish or a hindrance in one’s path. Individuals, in reality, novels, and plays may at some point feel this emotion, and when they encounter it, it may affect them positively or negatively. In the play Macbeth and the novel A Separate Peace, various characters begin to feel guilty for the actions they have committed beforehandRead MoreThemes Of Guilt In Macbeth711 Words   |  3 PagesMacbeth is a story written by Shakespear filled with many different themes. These themes are statements about life and human nature. Some of the most important themes are guilt, things are not what they seem, fate versus free will, and nature versus the unnatural. All of these themes were important to us and the story. The first theme of guilt is a message that says that you should not commit wrong doing and suffer the consequences. In Macbeth guilt is shown in many different ways but one of theRead MoreThe Theme Of Guilt In Macbeth1150 Words   |  5 PagesGuilt is the gut punching feeling inside in which you feel you could’ve done something to prevent an action that has gone wrong. We feel so powerless to stop it and eats us on the inside until we finally do the right thing. The play Macbeth, reveals how in the end your guilt will overpower your conscience and will eventually lead you to your greatest downfall. The theme of guilt as revealed in Macbeth, continues to relate to modern society. The guilt in Macbeth compares to many situations with societyRead MoreThe Theme Of Guilt In Macbeth1871 Words   |  8 Pageslifetime guilt will push them over the edge and drive them crazy. It could just be a mild deed like lying to you parents about sneaking out at night or an extreme deed like ro bbing or even murdering a person. In the play Macbeth, written by William Shakespeare, the main character Macbeth is driven to insanity because of all the guilt that he holds. Macbeth is not the only character in the play who goes insane because of guilt that they carry. In fact there are so many characters who have guilt thatRead More The Guilt of Macbeth and Lady Macbeth Essay814 Words   |  4 PagesThe Guilt of Macbeth and Lady Macbeth Guilt is a very strong and uncomfortable feeling that often results from one’s own actions. This strong emotion is one of the theme ideas in William Shakespeare, â€Å"Macbeth†. Both Macbeth and Lady Macbeth feel guilt, but they react in different ways. Guilt hardens Macbeth, but cause Lady Macbeth to commit suicide. As Macbeth shrives to success guilt overcome’s Macbeth where he can no longer think straight. Initially Macbeth planned was to kill Duncan but itRead More The Guilt of Macbeth and Lady Macbeth Essay1709 Words   |  7 PagesShakespearean tragedy Macbeth scarcely feel guilt - with two exceptions: Macbeth and Lady Macbeth. In this essay lets consider their guilt-problem. In his book, On the Design of Shakespearean Tragedy, H. S. Wilson comments regarding the guilt of the protagonist: It is a subtler thing which constitutes the chief fascination that the play exercises upon us - this fear Macbeth feels, a fear not fully defined, for him or for us, a terrible anxiety that is a sense of guilt without becoming (recognizably