Saturday, February 29, 2020

Argumentative Fallacy Vs. Straw

The great privilege of United States of America is the people of the country have the right to equality. Clayborne Carson an author of the argumentative essay â€Å"Two Cheers for Brown vs. Board of Education†. Born in Buffalo, New York; he is an educated scholar who specializes in African American and civil rights history. Carson’s essay is summarizes how Brown affected the outcome of desegregation in public schools. Brown is a Supreme Court decision that ruled public schools to allow African American†¦ A Straw man argument is a version of an argument then is easier to attack. Just as a man made of straw is a less solid version then a man made a flesh, a Straw man argument is a less solid version of a fully fleshed out argument. A straw man replaces or represents what ever actual argument is being made. The Straw man argument can come in many forms and some time is not even intional. People may accidental construct and Straw man argument if they don 't fully understand the depth of the subject or†¦ me. Not simply taking my breath away, but that feeling you get when you get punched in the stomach. That pain that keeps on coming. This was coupled with an intense ringing in my ears and tunnel vision. I felt like I was looking down the end of a straw. I seriously thought I was going to die. I had no idea what had just happened. All I could think about is whether my limbs we still intact. Ten minutes before that I had pulled the charge out of my back pack and mounted it to the wall. I was excited†¦ Mrs. Krumsiek English 101 30 November 2016 Argumentative essay We now live in a society where superheroes can be considered role models. Superheroes have escalated throughout the years, not only through comics, but through billion dollar movies like â€Å"Captain America: Civil War† and â€Å"Batman v Superman: Dawn of Justice†. They 're everywhere now from movies to shows, comic books, kids’ lunch boxes and backpacks. As humans we are sort obsessed with the superhero concept. We tend to look up to†¦ Logical fallacies are basically common errors. Everyone single person every day makes a common error. The logical fallacies that I will be discussing are the sunk cost fallacy, slippery slope fallacy, hasty generalization fallacy, post hoc ergo propter hoc, ad hominem, red herring, and the straw man fallacy. It happens to everyone of us, even though we may not even realize it sometimes. Sunk cost fallacy is getting into something and not wanting to get out of it because you may have put a lot of†¦ Straw Into Gold Analysis Many people in today’s society have become whom they are because of how they grew up. Many have been shaped into who they are because of their culture, their upbringing, or their families. In Sandra Cisneros’s story, â€Å"Straw Into Gold†, she uses allusion, imagery, and irony to strongly depict how much of her life has truly shaped her into the writer she is today. In using these three rhetorical devices, she creates a better understanding of the impact her childhood†¦ Argumentative Essay The function of an argumentative essay is to show that your assertion (opinion, theory, and hypothesis) about some phenomenon or phenomena is correct or more truthful than others'. The art of argumentation is not an easy skill to acquire. Many people might think that if one simply has an opinion, one can argue it successfully, and these folks are always surprised when others don't agree with them because their logic seems so correct. Argumentative writing is the act of forming†¦ Master List of Logical Fallacies Fallacies are fake or deceptive arguments, arguments that prove nothing. Fallacies often seem superficially sound, and far too often have immense persuasive power, even after being clearly exposed as false. Fallacies are not always deliberate, but a good scholar’s purpose is always to identify and unmask fallacies in arguments. Ad Hominem Argument: Also, "personal attack," "poisoning the well." The fallacy of attempting to refute an argument†¦ Argumentative Strategies of Plato vs. Aristophanes In Aristophanes’ â€Å"Clouds† and Plato’s â€Å"Apology† Socrates is satirically attacked and rationally defended respectively. The two argumentative styles of Aristophanes and Plato are on opposite sides of the spectrum. Aristophanes utilizes satire and humorous exaggerations of sophist teachings to denounce Socrates. Alternatively, Plato’s â€Å"Apology† uses logic and reason in order to defend himself against the charges brought against him. Both writings†¦ Sample Argumentative Essay Skills vs. Knowledge in Education Jonan Donaldson Introduction Main Idea One: The Other Side – Learning Information is needed for tests a) Tests are the best way to compare students b) Tests measure if you understand something c) Not all students can have the same skills, but all can have the same knowledge Main Idea Two: My Side 1 – Education is about understanding a) Knowledge is limited, but imagination encircles the world (creativity)†¦

Thursday, February 13, 2020

Economic Concepts Essay Example | Topics and Well Written Essays - 1250 words

Economic Concepts - Essay Example Basically, "free trade" can be seen as exchanging least value (i.e. money, cash, credit, etc) for optimum services or goods. That is, on an individual's level, a person wishing to wash and iron her pants, for example, is going to send her pants to a laundry rather than wash a pair of pants herself (Blinder, n.d.). In economic speak, choosing to produce goods and services domestically or abroad implies - given free flow of goods, services, and human Pants, once more. An individual choosing to wash and iron her pants is opting for resources (e.g. time and physical energy) channeled into an activity in which resources might be utilized differently. That is, in terms of economic benefits costs involved to "purchase" goods or services are not limited to strict monetary value but extends to cover a wide range of implied costs ("Opportunity Cost," n.d.). The (economic) decision by individuals as well as states is one, consequently, limited by what options individuals and/or states choose in order to maximize utility of an (economic) activity. In economic parlance, "opportunity costs" is an investment in present as well as future opportunities for most efficient allocation of resources. Strategically, a state's economic decision to invest in... ecision by individuals as well as states is one, consequently, limited by what options individuals and/or states choose in order to maximize utility of an (economic) activity. In economic parlance, "opportunity costs" is an investment in present as well as future opportunities for most efficient allocation of resources. Strategically, a state's economic decision to invest in and master specific products, services, or industries is, in fact, an opportunity-costs option. A case in point is United State's investment in, say, computers vis--vis China's, say, focus on toys (Blinder). The concept of opportunity-costs is further nuanced, however. That economic activities exist for profit is a given. To realize profit such as to allocate resources most efficiently is basically weighing costs against benefits, which is ECONOMIC CONCEPTS 5 opportunity costs in essence. Yet, in order for an economic activity to achieve what is commonly known as "excess profit" - i.e. profit exceeding normal margins of profit in a given market - such an economic activity should meet a specific set of market supply and demand requirements ("Opportunity Cost"). This is more evident in (in)elastic products. Elasticity Necessity dictates consumers to add a product or service to or drop it off shopping carts. Consumers, put differently, choose to purchase a product or a service based on product's or service's necessity. Consequently, a product or a service is said to be "(un)elastic" if such a product or service is on low or high demand based on necessity. By default, A good or service is considered to be highly elastic if a slight change in price leads to a sharp change in the quantity demanded or supplied... On the other hand, an inelastic good or service is onein whichchanges in price witness

Saturday, February 1, 2020

Capital Asset Pricing Model (CAPM) Vs. Arbitrage Pricing Theory (APT) Essay

Capital Asset Pricing Model (CAPM) Vs. Arbitrage Pricing Theory (APT) - Essay Example The model derived rate of return will then be used to price the asset correctly - the asset price should equal the expected end of period price discounted at the rate implied by model. If the price diverges, arbitrage should bring it back into line. The theory was initiated by the economist Stephen Ross in 1976.(Ross,1976) If APT holds, then a risky asset can be described as satisfying the following relation: Some commonly accepted factors are Business Cycle, Time Horizon, Confidence, Inflation, Market Timing, oil prices, term structure of interest rates, industrial production, default premiums etc. It has been shown that the empirical specification of the APT need not be unique.( Otuteye,1991) In other words, no one set of economic factors constitutes "the factors" of the APT. Any set of factors that fulfills the requirements of the returns generating process and the resulting linear relationship between expected returns and factor sensitivities will be an equally valid set of APT factors. However, there is a gradual consensus towards the use of some common factors. (Brown, Weinstein, 1983) The CAPM does not appear to adequately explain the variation in stock returns. Empirical studies show that low beta stocks may offer higher returns than the model would predict. Some data to this effect was presented as early as a 1969 conference in Buffalo, New York in a paper by Fischer Black, Michael Jensen, and Myron Scholes(Black et.al,1972). Either that fact is itself rational (which saves the efficient markets hypothesis(EMH) but makes CAPM wrong), or it is irrational (which saves CAPM, but makes EMH wrong - indeed, this possibility makes volatility arbitrage a strategy for reliably beating the market). The CAPM assumes that investors demand higher returns in exchange for higher risk. It does not allow for investors who will accept lower returns for higher risk. The model also assumes that all investors agree about the risk and expected return of all assets(Homogeneous expectations assumption). The model assumes unrealistically that asset returns are lognormally distributed, random variables. As a result, large swings (3 to 6 standard deviations from the mean) occur in the market more frequently than the normal distribution assumption would expect. These swings can greatly impact an asset's