surprise: investment is not the key to growth (by Easterly) * Investment cannot be the source of growth in the long run * The belief of increasing buildings and machinery is the fundamental determinant of growth = capital fundamentalism * Investment increases machine per worker would lead to diminish return in long run * Technological progress is the key to growth in long run because it increases the productivity of the machine itself rather than machine per worker * Labor-saving technology
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In Virginia the first battle of the Civil War was fought‚ near Manassas‚ Virginia railroad junction‚ after which the battle is called (or First Bull Run‚ named after the flowing stream on the battlefield‚ if of the Union point of view). The armies in this first battle were not prodigious by later Civil War principles. The Federal services under Brigadier General Irvin McDowell were well thought-out into four divisions‚ of about 30‚000 men. These divisions were commanded by Tyler‚ Hunter‚ Heintzelman
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Film Festival brought an insightful‚ heartwarming‚ and interesting documentary to their audience with “It Runs in the Family” which was preceded by a short film by the same Filipino-Canadian filmmaker called “Standstill”. Standstill follows the filmmaker’s journey to bring together her gay brother and devout Catholic parents to discuss their conflicts for the first time. Meanwhile‚ “It Runs in the Family” which was created a couple years after “Standstill” follows the filmmakers and her brothers
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proving difficult at the moment because the Stanford runners all seemed to prefer… nothing” (McDougall 169). McDougall also references the physical and cultural history of humans as logical reasoning for his argument. Our human ancestors used to run as a means for survival. “You ran to eat and to avoid being eaten; you ran to find a mate and impress her… you had to love running‚ or you wouldn’t live to love anything else” (McDougall 93). If people millions of years ago could survive without shoes
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RUN‚ INC. Case 1) What are the practical differences in the accounting for a change in estimate and a correction of an error? Why might managements prefer one approach to another? What pictures do the two accounting presentations paint for readers outside the company? A change in estimate is a normal and ongoing process of a company. It usually arises from the appearance of new information that alters the current situation. Accounting for a change in estimate is treated prospectively. Companies
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How to Run a Marathon Introduction Marathons were introduced into the athletic world in the ancient Greek Olympic games. The idea of running 26 miles came from the story of Phidippides‚ a messenger who ran 26 miles to inform Greek forces of their victory in the city of Marathon. Marathons can be very rewarding‚ but if you train improperly‚ it can impede your ability to race the rest of your life. Pre-training The first step is to select the right equipment. Before running‚ you need to stretch
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as having strength through loss and pain. “Superheroes”‚ a well known pop song‚ by The Script‚ shows the themes of perseverance and empowerment‚ and how to get through the hard times in life. In a way‚ this relates to the protagonist of “Raymond’s Run” written by Toni Cade Bambara‚ Squeaky‚ who deals with a lot of hardships in life‚ for though “all the kicks and all the blows/ he won’t ever let it show” At an early age‚ she is dealt with the burden of taking care of her mentally disabled older brother
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Raymond’s run because it tells the story of his sister’s excitement when she sees him running. Squeaky never thought about her brother as a run‚ she was always so focused on her abilities and skills that she failed to notice that her brother would always‚ “keep up with [her] on [her] trots‚” and he knew how to breathe properly by observing her. At the end of the story it is not about Squeaky and how many times she has won the competition‚ but it is about Raymond’s ability and skills to run‚ and his
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Home run- Fly the sky 2 outs‚ bottom of the 9th inning‚ Huisung Park hit the ball. The large batted ball flew up to the left side. It went over to the left fence. Turn the game around. It’s two-run home run to turn the tables. It is an Asia record 57th‚ score 4:3 The losing team Lotte Giants left one out count and turned the game. Hi? I am Huisung Park who is in the 4th grade of Uljin Elementary School. Did you listen to my dream carefully? Yes. I want to be a baseball player. Baseball is
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RUN AWAY SLAVE I had just escape from the brutal sugar cane estate. I had swum through the rough and unforgiving waters‚ I was soaked but yet relieved as it took away the foul smell of slavery from me. It was the first time I had gone beyond the estate. I didn’t have to the slightest clue to where I was or where I was going but I knew there was no turning back now this was the freedom I wanted and also an experience. The place I was in way nothing like the estate where there was the sight of
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