David Copperfield :: essays research papers

David Copperfield The novel David Copperfield, written by Charles Dickens, deals with the life and times of David Copperfield. About a century ago in a small town in England, David was born on a Friday at the stroke of midnight, which is considered a sign of bad luck. David's father has already died and his aunt comes to stay with him and his mother as this novel gets off to a very slow start. Soon David becomes aware that his mother has relations with another man and asks one of his servants, "if you marry a person, and the person dies, why then you may marry another person, mayn't you?" David is immediately angered that his mother has betrayed his father and goes off to live with his aunt. A while later, David goes back home but quickly gets into trouble and is sent off to school. Dickens uses excellent description in his telling of this story and the reader can easily relate to the characters. The setting of a small town in England is standard in all of his novels, including Great Expectations. The reason for this Dickens' setting is because he was born in the town of Portsmouth, England in 1812. Although as a young child he moved to Chatham where he experienced a pleasant childhood in which many scenes from his childhood are intertwined throughout his novels. Dickens father was constantly in debt and was eventually sent to jail. This memory was agonizing for young Charles as years later he wrote: "No words can express the secret agony of my soul. I felt my early hopes of growing up to be a learned and distinguished man, crushed in my breast." This directly relates to Dickens discussion of David in a wine house later in the novel. A couple of years later, Dickens attends school at the Wellington House Academy where he fell in love with Maria Beadnell but her father opposed the marriage and nothing became of it. David Copperfield is more of a biography of Dickens life made into fiction than of just a regular story about a boy. Dickens writing skills are apparent as he ties chapters together in an easy to understand novel where the writing seems to move along swiftly. Dickens work is rich with metaphors and enjoyable to analyze as in statements such as, "he eats at one gulp exactly like an elephant." This book is a classic and may be considered his best work. There are times when the novel moves slowly, but the positives outweigh the negatives and David

Target for Overnight Rate

The target for the overnight rate-the main tool used by the Bank of Canada to conduct  monetary policy. The Bank carries out monetary policy by influencing short-term interest rates. It does this by raising and lowering the target for the overnight rate. The overnight rate is the interest rate at which major  financial  institutions borrow and lend one day funds among themselves; the Bank sets a target level for that rate. This target for the overnight rate is often referred to as the Bank's  key interest rate  or  key policy rate.Changes in the target for the overnight rate influence other interest rates, such as those for consumer  loans  and mortgages. They can also affect the exchange  of the Canadian dollar. In November 2000, the Bank introduced a system of eight fixed dates each year on which it announces whether or not it will change the key policy rate. The Target for the Overnight Rate is the main tool used by the Bank of Canada to conduct monetary policy f or this reason, it is also known as the policy interest rate.It tells major financial institutions the average interest rate that the Bank wants to see in the market where they lend each other money overnight. When the Bank changes the Target for the Overnight Rate, this change affects other interest rates in the economy. Canada’s major financial institutions routinely borrow and lend money overnight among themselves, in order to cover their transactions at the end of the day. Through the Large Value Transfer System (LVTS), these institutions conduct large transactions with each other electronically.At the end of the day, they need to settle with each other. One bank may have funds left over, while another bank may need money. The trading in funds that allows all institutions to cover their transactions at the end of the day takes place in the overnight market. The interest rate charged on those loans is called the overnight rate. The transmission mechanism of monetary policy The transmission mechanism is the complex chain of cause and effect that runs from the Bank of Canada's actions to changes in asset prices, aggregate demand, the output gap and, eventually, inflation.Among economists, there is some debate about the nature of the transmission mechanism. Engert and Selody (1998), for example, emphasize the important distinction between the passive-money and active-money views of the transmission mechanism and argue that the possibility of making policy errors can be reduced by paying attention to both views. Even among those who agree on the broad nature of the mechanism, there is recognition of considerable uncertainty regarding the timing and quantitative importance of specific linkages.A collection of speeches and research papers published by the Bank of Canada (1996) provides a mainstream  view  of the transmission mechanism. The transmission mechanism is best understood by tracing through the effects of a hypothetical policy decision. For ex ample, consider a situation akin to that in the autumn of 2004, when the Bank had good reason to expect that the solid economic recovery occurring both in Canada and in the global economy would create pressures for Canadian inflation to rise over the coming months. In this case, the Bank's policy response was to raise its target for the overnight interest rate.

Standing Alone Against the World in Ayn Rands The...

Standing Alone Against the World in Ayn Rands The Fountainhead Conformity is a basic human characteristic that man spends a life time either fighting or accepting, but few can escape. Parents, churches, schools, and communities teach that the path Peter Keating follows is the assured road to security and happiness. Humans crave companionship and are willing to sacrifice their values, beliefs, and very souls for the satisfaction of superficial love. Howard Roark demonstrates that true happiness comes from within, at the end of a wearisome road. He confirms this ideal through exhaustible determination struggling from burdensome beginnings to almost unattainable goals without relenting to pressures from society. This concept of†¦show more content†¦This is a considerable rejection because the A.G.A is a prestigious association. Howard, however, has no time or use for such social graces. He feels that no help is required in his career or life, nor desires any type of outside opinion or influence on any aspect of his work or life. Pe ter is understandably astonished, after all he lives to exceed the status quo by achieving membership in such activities. Membership that brings companionship, recognition, and praise. Peter wants the world to believe he is great and important and will do anything to achieve such a position in society. For Peter, the end will always justify the means. Roark, however, desires nothing more than the satisfaction of knowing he is great. He has no use for the conventional standards by which greatness is measured, standards such as fame, fortune, and a large circle of admirers one can call friends. Roark rejects the A.G.A. and along with it the standards most of the world conforms to. Howard Roarks final explosive response to society comes in the Cortlandt Homes incident. The Cortlandt Homes are a government housing project that Roark designs so Peter Keating can get the commission to save his career. Roark agrees to undertake the project, however, on the pretence that the project is completed exactly as he specifies. Peter eagerly complies and with Roarks design is granted the commission. When the project isShow MoreRelatedContemporary Ethical Theory Philosophers5014 Words   |  21 Pages(1877–1970) defined his purpose as â€Å"to examine the nature, relations, and implications of three conceptions which appear to be fundamental in ethics—those of ‘right,’ ‘good’ in general, and ‘morally good.’† Moore, as we noted, believed that that which alone makes right actions right is that they produce more good than alternative actions do. This seems reasonable enough, does it not? If a course of action is right, it must be because it is more productive of good than are alternative courses of action