NOBEL FOR LEMONS * Priya Saxena George A. Akerlof received the Sveriges Riksbank Prize in Economic Sciences in 2001 along with Michael Spence and Joseph Stiglitz for his celebrated work ’The Market for Lemons ’ (1971) which talks about the implications of the asymmetrical information in the markets where uncertainty is involved. ’Market for Lemons ’ was written during the time when the then prevailing economic theories were undergoing certain transitions. It was a result of an attempt
Premium Economics Information asymmetry George Akerlof
Human nature demands a government to keep us all in check and to continue life in relative peace. Too much government and there is tyranny and too little forms anarchy. A gray balance is what the founders sought for. Beyond the expectations of the mocking outside world‚ they created a government which kept the freedom for people to follow their own desires and
Premium United States House of Representatives Gun politics in the United States United States
Barack Obama Would you have ever imagined that there would be an African-American president‚ leading the United States? On August 4th‚ 1961; Barack Obama was brought into the world. Michelle Obama is Barack’s wife; Barack has 2 daughters with Michelle; Sasha and Malia. One of his most famous quotes is‚ “Change doesn ’t come from Washington. Change comes to Washington.” His collegiate days were diverse. Although‚ he has committed a few mistakes in his presidency; Barack Obama has accomplished
Premium Barack Obama
Eyes on the Prize Let’s go back in time 50 years‚ back to when blacks were not allowed to use the same facilities as whites and were forced to sit in the back of the bus. There was no equal rights‚ no peace‚ just racism. Some people spoke out‚ while others remained silent and watched. These people who had the courage to speak their mind and try and change the way they were treated‚ changed the world in one way or another. Some of the most well-known activists include Martin Luther King Jr.‚ Rosa
Premium Martin Luther King, Jr. African American Montgomery Bus Boycott
The Life of Barack Obama By: Aeja Hinton I will be talking about Barack Obama‚ our first black president of the United States of American. Hardly anyone would have pointed to him and say “He’s going to be president one day”. He came from an unusual background. He had a strange name. But most of all‚ the United States had never had an African American for president. So in that case Obama made HISTORY. Barack Obama was born on August 4‚ 1961‚ in Honolulu‚ Hawaii
Premium Barack Obama United States Democratic Party
I’ve heard so many stories about families whose loved ones have done better health wise since receiving Obama care. However‚ since they started the repeal process this change might limit access to for some people. Most importantly‚ people are affected‚ and many have voiced their concerns about being uninsured. I personally feel that the change is being made
Premium Health care Barack Obama United States
After analysing Barack Obama’s victory speech first thing that comes to mind is his strong delivery. His delivery style exuded confidence and it had a clear sense of purpose. He drew in the audience using the pause and gave them ample time to process the information in between. The language he used was simple but he used them to great effect to deliver strong messages. He formed a connection with the audience using inclusive language. He made the speech about the audience using words like We‚ Our
Free Barack Obama United States
essay regarding Barack Hussein Obama’s 2012 victory speech held at McCormick Place Chicago‚ Illinois: ”We are greater than the sum of our individual ambitions‚ and we remain more than a collection of red states and blue states. We are and forever will be the United States of America.” This is one of many bold declarations made by the 44. President of the United States of America in his Presidential Acceptance Speech 2012. Barack Hussein Obama won the election 303 electoral votes vis-a-vis Governor
Premium United States Barack Obama Democratic Party
A man once said‚ "Acceptance is not defeat‚ it is understanding." Ernest Hemingway shows this incredibly well in his novella The Old Man and the Sea‚ where an old Cuban fisherman named Santiago suffers from a streak of bad luck. Santiago‚ for the 85th day without a catch‚ catches a marlin which tugs him out to sea for many a days‚ only for his catch to be eaten by sharks on his trip returning home to Havana. He returns‚ exhausted‚ only to find his young companion at his aid‚ which he responds to
Premium The Old Man and the Sea Fishing Ernest Hemingway
Hundred years of Noble Prize (1913-2013): Rabindranath Tagore-India’s Greatest Gift to the World. Abstract: Through Rabindranath Tagore India has given her message to mankind and his unique genius reflects India’s eternal values. As a visionary saint he guided every soul through the raptures of his music and mystic vision. Tagore having avoided to write in English‚ emerged as a Bengali poet which ultimately brought about a renaissance to all the Indian languages. The success of Indian Writing
Premium India Rabindranath Tagore