Essays on Blinder

How to Use Policy to Change Public School’s Funding and Resources Allocation

Ph.D. in Education-Leadership, Change, Policy in Education

Abstract

The present study aims to investigate the funding disparities deprive many minorities and low-income families of the opportunity for education success. The research endeavors to explore different ways policy can be used to equally allocate educational resources and use them to the advantage of the less fortunate sections of the society. As one of its important goals, this prospectus paper informs the research as to how to weigh the options available to the school managements and the education policy makers. The paper provides a purpose to the proposed study by dwelling upon ...

On November 5, 2009, the son of Palestinian immigrants, Army Major Nidal Malik Hasan randomly fired into a crowd at a processing center at Fort Hood, the largest active-duty military post in the country (Army Major kills, n.d.). One would be hard pressed to find a larger military stage to conduct such blatant murder. Despite the Major shouting ‘God is great’ in Arabic, “Allahu Akbar”, just before he opened fire on soldiers who were either returning from deployment, or getting ready to be deployed, there was a denial by the government to officially label the shooting as an act ...

Introduction

The Petrochemical industry in the ministry of energy has been focusing on the oil prices change and how it influences the economy. The oil demand comes from the petrochemical industry whereby energy generation helps in manufacturing and production industries. These industries help in economic transformation through improving country’s GDP. As the source of energy, oil in the petrochemical industry has been influenced by inflation and unemployment, interest rates and exchange rate. These factors influence the government spending, hence affecting the importation of oil from the producing countries such as Saudi Arabia. The oil prices as a result of ...

Introduction

According to the Bureau of Labor Statistics, there are more than 322 million people residing in the United States and nearly 4.70 percent of those who are capable of working are unemployed as of May 2016 (2016). This unemployment rate may not be alarming since 4.70 percent is a small number, but when converted, this small percentage accounts for more than 10 million unemployed individuals. Unemployment is among the alarming issues in the society and that should not be ignored. For instance, its relevance in the society makes a country's economy suffer. Unemployment causes the national output to be ...

Introduction

According to the Bureau of Labor Statistics, there are more than 322 million people residing in the United States and nearly 4.70 percent of those who are capable of working are unemployed as of May 2016 (2016). This unemployment rate may not be alarming since 4.70 percent is such a small number, but when converted, this small percentage accounts for more than 10 million unemployed individuals. Unemployment is among the alarming issues in the society and that should not be ignored. For instance, its relevance in the society makes a country's economy suffer. Unemployment causes the national output to ...

Nowadays social groups and individuals are not perceived as a closed and self-sufficient phenomena. They are included in the general relationship and interdependence. Universal interconnection, interdependence and relationships are extremely complicated by contradictory processes of globalization. The role and influence on the formation of national consciousness of the cultural self-identity should be borne in mind that national identity is implemented at two levels: the social (public, community at large) and personal (personal) (Bem, 1967). The need for self-determination has always been an important human need. Erich Fromm believed that this need is rooted in human nature (Fromm, 1939). Social ...

Although there are various measures of the economic growth rates of countries, the GDP stands out to be most efficient, and widely used one. It incorporates four aspects i.e. the consumption level, government policy, investments, and net exports. In this respect, it is quite useful in approximating the economic growth rate of any nation. This paper focuses on the GDP of the USA, Japan, Ethiopia, and China for the last 20 years. Using data from the Bureau of Statistics, the GDP of the USA grew on average by 2.33% since 1996. However, the fluctuation on the GDP was significant ...

Keynes proposed economic ideas that saved the economy during the great depression of the 1930s. He encouraged government intervention into the economy to rescue it from the excessive recession. His ideas were against previous views held by an economist that the government should allow the economy to adjust back from depression to recovery as per the business cycle. The previous economic ideas were not working during great depression because the economy was showing little signs of recovery. The depression created a huge recession gap. Thus, real GDP was quite below the full potential output (Blinder 1). Keynes believed that ...

Introduction

For many years, financial crises have been pervasive. According to Collardi (2012), the frequency of occurrence of financial crises in the recent decades has doubled the occurrence during the Bretton Woods Period and the Gold Standard Era. Nevertheless, the occurrence of the 2007-2008 financial crisis came as a great surprise to many individuals. Initially, the crisis was seen as difficulties that were being experienced in the United States subprime mortgage market. This, however, spilled rapidly to the financial markets before spilling over to the real economy. This paper discusses the causes of the financial crisis and the measures that ...

1-How Was The Economy When Obama Took Office? (Unemployment Rate, Inflation, and GDP)

When Obama took office, the economy of the United States of America was in a great depression, which had not been experienced since the Great Depression of the 1930s. The economy was in a bad shape, and each sector was being faced with various problems. The levels of unemployment had gone up, and the Obamas’ administration was afraid that if they did nothing then, the problem would be much bigger than they thought. The unemployment rates had escalated to levels of even 9%. The situation was worse because the levels of inflation in the economy had risen. The mortgage ...

Under monopolistic market structure, one seller dictates the conditions and prices. It means that the demand curve of the company is equal to the demand of the whole industry (Monopoly, n. d.). There are different types of monopolies. For instance, pure monopoly occupies the biggest market share. Any company that has more than 25% of share in the market may be categorized as a monopolistic entity (Monopoly, n. d.). This type of firm is prohibited by law in many countries. There is also a natural type of monopoly, which essentially means that the industry is characterized by high fixed ...