Friday, December 27, 2019

Aaron Burr - Biography and the Duel with Hamilton

Aaron Burr is mostly remembered for a single violent act, the fatal shooting of Alexander Hamilton in their famous duel in New Jersey on July 11, 1804. But Burr was also involved in a number of other controversial episodes, including one of the most disputed elections in American history and a peculiar expedition to the western territories that resulted in Burr being tried for treason. Burr is a puzzling figure in history. He has often been portrayed as a scoundrel, a political manipulator, and a notorious womanizer. Yet during his long life Burr had many followers who considered him a brilliant thinker and a gifted politician. His considerable skills allowed him to prosper in a law practice, win a seat in the U.S. Senate, and nearly attain the presidency in a startling feat of deft political gamesmanship. After 200 years, Burr’s complicated life remains contradictory. Was he a villain, or simply a misunderstood victim of hardball politics? Early Life of Aaron Burr Burr was born in Newark, New Jersey, on February 6, 1756. His grandfather was Jonathan Edwards, a famous theologian of the colonial period, and his father was a minister. Young Aaron was precocious, and entered the College of New Jersey (present day Princeton University) at the age of 13. In the family tradition, Burr studied theology before becoming more interested in the study of law. Aaron Burr in the Revolutionary War When the American Revolution broke out, the young Burr obtained a letter of introduction to George Washington, and requested an officers commission in the Continental Army. Washington turned him down, but Burr enlisted in the Army anyway, and served with some distinction in a military expedition to Quebec, Canada. Burr did later serve on Washington’s staff. He was charming and intelligent, but clashed with Washington’s more reserved style. In ill health, Burr resigned his commission as a colonel in 1779, before the end of the Revolutionary War. He then turned his full attention to the study of the law. Burrs Personal Life As a young officer Burr began a romantic affair in 1777 with Theodosia Prevost, who was 10  years older than Burr and also married to a British officer. When her husband died in 1781, Burr married Theodosia. In 1783 they had a daughter, also named Theodosia, to whom Burr was very devoted. Burr’s wife died in 1794. Accusations always swirled that he was involved with a number of other women during his marriage. Early Political Career Burr began his law practice in Albany, New York before moving to New York City to practice law in 1783. He prospered in the city, and established numerous connections that would prove useful in his political career. In the 1790s Burr advanced in New York politics. During this period of tension between the ruling Federalists and the Jeffersonian Republicans, Burr tended not to align himself too much with either side. He was thus able to present himself as something of a compromise candidate. In 1791, Burr had won a seat in the U.S. Senate by defeating Philip Schuyler, a prominent New Yorker who happened to be the father in law of Alexander Hamilton. Burr and Hamilton had already been adversaries, but Burr’s victory in that election caused Hamilton to hate him. As a senator, Burr generally opposed the programs of Hamilton, who was serving as secretary of the treasury. Burrs Controversial Role in the Deadlocked Election of 1800 Burr was the running mate of Thomas Jefferson in the presidential election of 1800. Jefferson’s opponent was the incumbent president, John Adams. When the electoral vote produced a deadlock, the election had to be decided in the House of Representatives. In the prolonged balloting, Burr  utilized his considerable political skills and nearly pulled off the feat of bypassing Jefferson and gathering enough votes to win the presidency for himself. Jefferson finally won after days of balloting. And in accordance with the Constitution at the time, Jefferson became president and Burr became vice president. Jefferson thus had a vice president he didn’t trust, and he gave Burr virtually nothing to do in the job. Following the crisis, the Constitution was amended so the scenario of the 1800 election could not occur again. Burr was not nominated to run with Jefferson again in 1804. Aaron Burr and the Duel With Alexander Hamilton Alexander Hamilton and Aaron Burr had been conducting a feud since Burr’s election to the Senate more than 10  years earlier, but Hamilton’s attacks on Burr became more intense in early 1804. The bitterness reached its climax when Burr and Hamilton fought a duel. On the morning of July 11, 1804 the men rowed across the Hudson River from New York City to a dueling ground at Weehawken, New Jersey. Accounts of the actual duel have always differed, but the result was that both men fired their pistols. Hamilton’s shot did not strike Burr. Burrs shot struck Hamilton in the torso, inflicting a fatal wound. Hamilton was brought back to New York City and died the next day. Aaron Burr was portrayed as a villain. He fled and  actually went into hiding for a time, as he feared being charged with murder. Burrs Expedition to the West The once-promising political career of Aaron Burr had been stalled while he served as vice president, and the duel with Hamilton effectively ended any chance he may have had for political redemption. In 1805 and 1806 Burr plotted with others to create an empire consisting of the Mississippi Valley, Mexico, and much of the American West. The bizarre plan had little chance for success, and Burr was charged with treason against the United States. At a trial in Richmond, Virginia, which was presided over by Chief Justice John Marshall, Burr was acquitted. While a free man, his career was in ruins, and he moved to Europe for several years. Burr eventually returned to New York City and worked at a modest law practice. His beloved daughter Theodosia was lost in a shipwreck in 1813, which further depressed him. In financial ruin, he died on September 14, 1836, at the age of 80, while living with a relative on Staten Island in New York City. Portrait of Aaron Burr courtesy of New York Public Library Digital Collections.

Thursday, December 19, 2019

Relationship Between Macro Environment And The Demand For...

BUSS 5001 Case Analysis 1 Introduction This article basically discusses the relationship between macro-environment and the demand for dairy product. It will be presented by clarifying the following four questions. Q1: Describe the relationship between the performance of the macroeconomic environment and the demand for dairy products. To begin with, the demand for dairy products are influenced by several factors, for example, the price, price of substitutes, income and demographic effects (Heien and Wessells 1988). Excluding the population factors, the other factors could be affected by macroeconomics. According to Erten and Ocampo (2012), the commodity prices are related to the situation of the macroeconomic. Also, the income†¦show more content†¦Take China as an example, the high economic growth, coupled with the urbanization process results in the demand of food, including dairy product grows strongly (Gandhi and Zhou 2014). Higher demands pull up the price. Gradually, when the macroeconomic is slowing down, correspondingly the demand of dairy products will decrease. Therefore, the link between the performance of the macroeconomic environment and the demand for dairy products is cyclical. Q2: Describe the performance of key economic indicators in the Chinese macroeconomic environment over the last 3 years. The economic growth slowed down in the past 3 years. The GDP growth decreased from 7.76% in 2013 to 6.9% in 2015. At the same time, as a big contributor to the total GDP, the proportion of the second industry decrease, while the tertiary industry replaced the first place and accounted for 50.5% (National Bureau of Statistics of China 2015), indicating that China is trying to change its economic structure. Besides, the CPI figure shows a steady decrease, while the disposal income gradually rises. In brief, the performance of the economic indicators shows that the economy of China is slowing down. Q3: what will likely be the Chinese economic policy response (fiscal and/or monetary policy) and how do you expect this will affect the short term outlook for the Chinese economy and the demand for dairy products? Given the recent economic performance, China may pursue a proactive fiscal policy in order to

Wednesday, December 11, 2019

Bitcoin and Cryptocurrency Essay Example For Students

Bitcoin and Cryptocurrency Essay Bitcoin and Cryptocurrency Bitcoin and cryptocurrencies are the new buzzword today, almost everywhere people are talking about bitcoins, especially with the examples that someone has made millions in just one or two years by smartly investing in bitcoins. It definitely creates curiosity to others if it is right or legal to invest in bitcoins or is it just a bubble? With the market cap of more than $270 billion, the bitcoin gained momentum when its price touched whopping $16,500 last year. It’s not a new concept in fact, Bitcoin has existed since 2009 and was traded at a very low value initially, its growth was also linear for few years but then it picked up an exponential growth. It has been trading around $500 in year 2015 and touched $1000 by 2016 and then it broke all the records in year 2017 when a single bitcoin is valued at $6500. its quite fluctuating in beginning of this year and its current price could be around $14000. Interestingly, if you had invested just $100 in Bitcoin in 2009, you would now be richer to the tune of ?3,67 million. Bitcoin is not the only digital currency, there are other alternatives like Ethereum, Ripple, Dash, Litecoin, and NEO. So let’s understand the basic of Bitcoin. It’s a digital currency build on top of the block chain technology, It’s also known as virtual currency or cryptocurrency. Its virtual so yu can’t print, touch, feel, or store it. Technically, Its just a sequence of (0s and 1s) stored in some remote computers around the world. Bitcoin works over blockchain technology, Blockchain is considered one of the most safe technology to store data in a distributed manner. It createa, store, and manage digital transactions that are public, secure, and distributed. Bitcoin was first introduced in 2009 by an unknown individual or a group named â€Å"Satoshi Nakamoto†. It was an interesting way to pay for transactions without a third-party like a bank. It handles peer to peer transactions without any middlemen. There are no transaction fees and both parties are anonymous. Just like an email address, you create a bitcoin wallet account and then that address becomes your identity to be used for every transaction. Some experts predict that Bitcoin or Cryptocurrency is the future of money and it will eventually replace all other currencies in future. Today, many tech-savvy online retailers accept bitcoins. You can order services like Web hosting, buy merchandise, and even a coffee. Many online ecommerce portals accept bitcoins along with other cryptocurrency options like LiteCoin, and Dogecoin. Some known businesses which accept bitcoins include Virgin Galactic, Overstock.com, TigerDirect, Dish Network, Expedia, Newegg, Directnic, Microsoft, Zynga, Starbucks, and Subway. You might be thinking; why do I need bitcoins If I can buy everything using my credit card? Bitcoin is a new form of currency and enjoying an exponential growth, Some people believe that the value of bitcoins will keep on growing over time because more and more people and businesses will start using it. People buy bitcoins as an investment vehicle. As a matter of fact, the value of 1 bitcoin has increased from $500 to $16,000 in one year. Its always anonymous transaction when you do it through Bitcoins, Nobody would ever get to know about such transactions and the owner of the money. which lures lots of criminals to use bitcoins for their payments and transactions. There are several cryptocurrency marketplaces (online websites or apps) called â€Å"cryptocurrency exchanges† that allow people to buy or sell bitcoins using different currencies. You can buy bitcoins using your local currency and start buying and selling bitcoins like any stock trade. When you open an account, you get a digital address and that address is your identity to buy, sell, or pay in bitcoins. You can find some popular cryptocurrency exchanges like ,Coinone, Bitthumb, Bitfinex, Quoine, Bittrex, HitBTC, Poloniex, Kraken etc. Bitcoins are managed through your online accounts quite similar to your online bank account,. It is called a â€Å"digital wallet†. You can buy or sell bitcoins through your digital wallets. .ubfb2c824ca3214834ab3715b07d760f3 , .ubfb2c824ca3214834ab3715b07d760f3 .postImageUrl , .ubfb2c824ca3214834ab3715b07d760f3 .centered-text-area { min-height: 80px; position: relative; } .ubfb2c824ca3214834ab3715b07d760f3 , .ubfb2c824ca3214834ab3715b07d760f3:hover , .ubfb2c824ca3214834ab3715b07d760f3:visited , .ubfb2c824ca3214834ab3715b07d760f3:active { border:0!important; } .ubfb2c824ca3214834ab3715b07d760f3 .clearfix:after { content: ""; display: table; clear: both; } .ubfb2c824ca3214834ab3715b07d760f3 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ubfb2c824ca3214834ab3715b07d760f3:active , .ubfb2c824ca3214834ab3715b07d760f3:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ubfb2c824ca3214834ab3715b07d760f3 .centered-text-area { width: 100%; position: relative ; } .ubfb2c824ca3214834ab3715b07d760f3 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ubfb2c824ca3214834ab3715b07d760f3 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ubfb2c824ca3214834ab3715b07d760f3 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ubfb2c824ca3214834ab3715b07d760f3:hover .ctaButton { background-color: #34495E!important; } .ubfb2c824ca3214834ab3715b07d760f3 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ubfb2c824ca3214834ab3715b07d760f3 .ubfb2c824ca3214834ab3715b07d760f3-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ubfb2c824ca3214834ab3715b07d760f3:after { content: ""; display: block; clear: both; } READ: Juvenile Delinquency: Contributing Factors, Curren EssayBitcoin is a virtual currency and has no tangible value. You can’nt hide it like the real cash with the hope to use it in difficult times. Not everybody accept the bitcoins.. Bitcoin value fluctuates a lot. Even though the value of bitcoin is going higher, it doesn’t mean it will not go down. There may be a day, when bitcoin can go down 50% in just matter of hours. Some experts have even predicted that Bitcoin is a bubble. Because bitcoins are stored in digital wallets , more and more hackers will target bitcoins as the value grows. there have been many hacks into these wallets and bitcoins have been sto len. Bitcoin is not owned by a country, group, or person. Bitcoin is owned by users of bitcoin. Initially, new bitcoins have to be mined and the miners get some bitcoins, those later can be sold to other people. Bitcoin mining is also a interesting concept. There is a limit on total number of bitcoins, which can be produced. there are only 21 million Bitcoins that can be mined in total. Out of which 16 million bitcoins are already mined. The successful miner finding the new block is rewarded with newly created bitcoins and transaction fees. By last year, the reward amounted to 12.5 newly created bitcoins per block added to the blockchain. To miner can claim the reward through a special transaction called a coinbase. All bitcoins in existence have been created in such coinbase transactions. Bitcoin mining is the process of adding transaction records to Bitcoin’s public ledger of past transactions or blockchain. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place. Bitcoin nodes use the block chain to distinguish legitimate Bitcoin transactions from attempts to re-spend coins that have already been spent elsewhere. Today, many large institutions and crypto leaders have invested heavily in Bitcoin. As a matter of fact, 4% of people own 96% of bitcoins. Bitcoin is not regulated or backed by any country or government. It is private peer-to-peer transaction. All parties in bitcoin transactions are anonymous. Bitcoin is not illegal but it has been regulated in some countries. Now, then Most people buying bitcoins for investment purposes are assuming the value of bitcoin will continue to grow. Some people use bitcoins to buy and sell products and services to hide their identity.

Tuesday, December 3, 2019

Personality Type Assessment Essay Example

Personality Type Assessment Essay Personality Type Assessment (Week-2 Individual Assignment) CMGT/530 IT Organizational Behavior July 1, 2012 Personality Type Assessment The first section of this paper details the elements that a personality type assessment typically measures. The second section contains discussion on the personality type assessment of the author of this paper. In the third and last section, the author shares how his personal assessment outcomes could affect his work relationships with his colleagues. Elements of Personality Type Assessment A personality profile assessment is typically an objective test where an individual gives yes or no responses to a series of systematic and deeply constructed behavioral and situational questions. These objective questions at a fundamental level assesses the individuals cognitive mental process and orientations and based on the responses classifies the individual into one of the several personality types. Each of these personality types is associated with different sets of possible behaviors and tendencies that the individuals are most likely to exhibit. This classification of personality types is by a personality inventory framework called the Myers-Briggs Type Indicator (MBTI), created by Isabel Briggs Myers after extensive testing and research on the theory of psychological types introduced in the 1920s by Carl G. Jung. At the basic level, the MBTI differentiates peoples cognitive functions in four ways, as defined by four mutually exclusive pairs of the dominant or likely mental preferences, and the combinations of these four pairs lead to a set of 16 personality types (MBTItoday. rg, n. d. ). The first pair of preferences, extroversion (E) and introversion (I), is for mental energy orientation. The extroverted individuals are expressive, assertive, outgoing, sociable, and draw their mental energy from the interactions with the outside world. The introverted individuals are reflective, reserved, quiet, and draw their mental energy from the dwelling in the inner world of thoughts and ideas (Center for Applications of Psychological Type, 2012). We will write a custom essay sample on Personality Type Assessment specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Personality Type Assessment specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Personality Type Assessment specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The second pair of preferences, sensing(S) and intuition (N), is for irrational mental cognitive process related to perception and receipt of information. The individuals with dominant sensing perception live in the present moment and are practical. They prefer simplicity, clarity, routine, and order in their daily lives. The individuals with dominant intuition perception are inspired by creativity and innovation, and imagine the possibilities for future. They are drawn to the big picture and abstract theoretical concepts (Center for Applications of Psychological Type, 2012). The third pair of preferences, thinking (T) and feeling (F), is for rational mental cognitive processes of forming judgments and making decisions. The individuals who primarily rely on their thinking for forming judgments are objective, analytical, and logical. They use logic, reason, and cause-effect analysis to handle any problems and tasks they face for achieving results. The individuals who primarily rely on their feelings for forming judgments rely on their personal emotions and value system. They are concerned about impact of their actions and decisions on other people (Center for Applications of Psychological Type, 2012). The fourth pair of preferences, judging (J) and perceiving (P), is for mental orientation while dealing with outside world. The individuals who prefer judging rely on the rational cognitive functions of thinking or feeling. They prefer the world around them to be structured, organized, and orderly. The individuals who prefer perceiving rely on the irrational cognitive functions of sensing and intuition. They typically are open, spontaneous, and flexible; and look forward to experiencing the world in its natural state (Center for Applications of Psychological Type, 2012). Personality Type Self-Assessment The writer used Jung typology test to complete the self assessment of his personal style and the results indicated that the writer belongs to personality type ISFP; that means the writer prefers introversion over extroversion, sensing over intuition, feeling over thinking, and perceiving over judging (HumanMetrics, 2012). The writer found himself taking the assessment test few more times to confirm the derived results. According to personality inventory of MBTI and the Myers and Briggs Foundation (n. d. ), the individuals with personality type of ISFP have tendency to seek a peaceful, easygoing life with a live and let live philosophy. They tend to enjoy life as it comes and define their own pace. They tend to be quiet, caring, considerate, and have a pleasant demeanor. They tend to be very devoted to their family and friends, and have a strong set of values that they cherish. They tend to dislike conflicts, disagreements, and imposing of their opinions on others (Myers and Briggs Foundation, n. d. a). After looking at the results, the writer understood some of his own tendencies and consoled himself that he did not have to good at everything. He opined that the knowledge of these personality types can help in developing a deeper understanding of people around him. Also while taking the assessment, for some of the questions the writer was forced to choose yes or no when he believed the answer was neither, and there were no in-between options to choose from. So the writer agrees with Robbins Judge (2011) that the problem with these assessment tests is that they force a person into one type or another. According to Mccaulley (1990) every person uses all eight processes (E, I, S, N, T, F, J, and P) but intrinsically prefers one of each opposite pair. In the normal course of life, people develop preferences by doing what comes most naturally. As they grow older and wiser, they develop as well as use more of the lesser preferred processes (Mccaulley, 1990). Reflecting back on his life, the writer agrees the personality type ISFP correctly indicates his default tendencies. Moreover, the writer also believes that over the years he has developed more shades to his personality and has become more balanced. Effect of Personal Assessment The assessment provided an opportunity for the writer to do some self-introspection and become more aware of self. Also the knowledge and understanding of 16 distinctive personality types helped the writer to appreciate others possessing different personality types. When employees can understand their type preferences, they can approach their work in a manner that best suits their style, including managing their time, problem solving, best approaches to decision making, and dealing with stress (Myers and Briggs Foundation, n. d. b) . The writer could analyze better the good and not-so-good relations he has experienced with his prior bosses and colleagues. The personality type assessment also helped the writer to reexamine his behavior with prior colleagues and identify the scope for improving relationships with his colleagues at the workplace. As a software development manager in a leading health care organization, the writer will make use of the new understanding of his own personality to improve upon his managerial functions and his handling of the different situations. These functions includes managing others, developing leadership skills, organizing tasks, creating teams, training for management as well as staff, conflict resolution, motivation, coaching, diversity, recognition as well as rewards, and change management (Myers and Briggs Foundation, n. d. b) . References Center for Applications of Psychological Type. 2012). Mbti overview. Retrieved from http://www. capt. org/mbti-assessment/mbti-overview. htm HumanMetrics. (2012). Jung typology test. Retrieved from http://www. humanmetrics. com/cgi-win/jtypes1. htm MBTItoday. org. (n. d. ). History of the myers briggs type indicator. Retrieved from http://mbtitoday. org/about-the-mbti-indicator/a-mini-history-of-the-myers-briggs-type-indicator/ Mccaulley, M. H. (1990). The myers-briggs type indicator: a measure for individuals.. Measurement Evaluation In Counseling Development (American Counseling Association), 22(4), 181. Retrieved from https://search. ebscohost. com/login. aspx? direct=truedb=f5hAN=9705111082site=eds-live Myers and Briggs Foundation. (n. d a). The 16 mbti types. Retrieved from http://www. myersbriggs. org/my-mbti-personality-type/mbti-basics/the-16-mbti-types. asp#ISFP Myers and Briggs Foundation. (n. d. b). Mbti type at work. Retrieved from http://www. myersbriggs. org/type-use-for-everyday-life/mbti-type-at-work/ Robbins, S. P. , Judge, T. A. (2011). Organization behavior (14th ed. ). New York, NY: Prentice Hall.