Bill M. Beverly Essays (840 words) - Demography, Ageing,

Bill M. Beverly 0235193 English 101-F2 Short Essay Living to Die When it comes to getting older, scientists have tried to help people beat their inevitable destiny of old age. Scientific research shows the progress of extending human life using some of the newest medical science known to man. However, research also shows the regression of extending human life , especially the elderly. There are plenty of reasons why scientists should not succeed with anti-aging research to help the elderly . A few of these reasons are population increase, medical treatment cost, and generational chaos. In discussing the increase in population, this topic can be both positive and negative. Talking about the negative aspect brings up the issue of overpopulation on this planet. With the ever-increasing population, earth has only so much land with which to build. As people are born daily, the number of inhabitants grows exponentially. If the elderly is not passing on, where will the newborns grow, live , and work? The current working age has been raised from the age of 65 to 67. If scientists can extend human life, what will this mean for the younger working class? The elderly w ill choose not to retire at the mandatory retirement age. This choice w ill cause a gap in the generations to come . Who would then be accountable to pay for their retirement and medical expenses if they choose to live longer? Consequently, scientists should not succeed with anti-aging research to help the elderly because of the increasing of the population . The cost of medical treatment is already unaffordable. Add that to the new science of extending human life , and this becomes a bigger issue. Nursing homes, living facilities, and senior communities all have high cost and high burden to those elderly who still live including their respective families. The U.S. government cannot afford to pay for all the elderly that survive long after their expected death should occur. On top of this, the cost being spent on the medical research to extend human life is a number which cannot be calculated for normal people to comprehend . People think of life extension as a means of living forever, but realistically , people will eventually die. Families of loved ones in nursing homes would cherish the idea of their relative living a long healthy life , but , however loath the idea of the cost to keep them alive. Furthermore , modern medicine is used to help the elderly live longer even with an incur able illness. This concept will cause chaos throughout the generations to come. Therefore, s cientists should not succeed with anti-aging research to help the elderly due to the cost of medical treatment . The families of loved ones will suffer through the generational chaos which will be created when scientists succeed in extending human life. Nature always takes care of itself when people try to change how the planet naturally works . Dr. S. Jay Olshansky states "the evolutionary theory of senescence can be stated as follows: while bodies are not designed to fail, neither are they designed for extended operation". With that said, the society of the elderly will live on not allowing the younger generation to take charge in the workforce. With no passing down of experience and information , generations will suffer, work experience will be lacking, and the retirement age will once again be raised but this time to a much higher number than 67. If one person cannot learn a specific craft that is passed down from father to child, or senior to junior, then the craft itself will suffer due to older people remaining in th at particular craft. T h ere are companies that exist because of the generational passing down of specific crafts . How can the younger generation then learn the necessary knowledge which is handed down to fulfill their profession ? As a result, s cientists should not succeed with anti-aging research to help the elderly because of the generational chaos it will produce . P opulation increase, medical treatment cost, and generational chaos are just a few of the reasons why scientists should not succeed with anti-aging research to

A Slave Society essays

A Slave Society essays In the beginning, slavery was a very profitable commodity, but it was no more than that. Slavery was no more about human rights than the sugar trade was. It was categorized in trade with gold, iron, ivory and textiles and dismissed just as easily. However, as time passed, morals and ideals changed and communities shaped within the slave population. A new light was shed on the African-American people, a light that would change the way the world would look at them forever. The movement of Africans across the Atlantic to the Americas was the largest forced migration in world history. This brutal chapter in American history began with the Portuguese in the fifteenth century and did not end in the US until 1807. It is estimated that in the four centuries of slave trading, slave ships transported upwards of 10 million Africans to the Americas. Slave trade was by no means limited to the Portuguese though. All the nations of Western Europe participated in trade including the Dutch, Holland and even the English. The actual capturing of the slaves was left up to the Africans themselves though. As one African sold into slavery said, I must own to the shame of my own countrymen. Most Africans were enslaved though warfare in which armies would take hundreds of prisoners. Another method was smaller raids at nightfall, as well as kidnapping. When plantations expanded to the Americas in the eighteenth century, the demand for slaves increased, and the raids extende d deeper into the inner parts of Africa. While the slave trade made Europe and America stronger, it made Africa weaker. In 1700, slaved accounted for only 11 percent of the colonial population. However, during the eighteenth century slavery expanded, and by 1770 Africans in North America numbered 460,000, around 20 percent of the population. The cause of this sudden jolt in slaves brought to North America is the rising demand for certain crops, especially tobacco. Tobacco wa...

Foundations of Finance and Investment Essay Example | Topics and Well Written Essays - 1500 words

Foundations of Finance and Investment - Essay Example The Repo rate is the short-term interest rate at which financial institutions such as banks and building societies can borrow money from the BOE for a two-week period. The MPC meets monthly to set the Repo rate as part of its monetary policy function to control inflation. Its decision on what this rate should be acts as a signal to the money markets of how much to pay savers and charge borrowers for the use of money. The Repo rate therefore acts as the baseline for the cost of money that can be loaned to customers, which can include other banks, in the form of mortgages and overdrafts (BOE, 2005). Many households and firms, however, borrow for longer time periods and prefer to fix borrowing costs in advance, either because this helps them plan their cash flows better or protects them from the future risk of rising interest rates. This is a gamble some lenders and borrowers take, since interest rates may also move the other way. Fixed long-term borrowing or interest rates are relevant to those who want fixed-rate mortgages for housing or to firms with long-term investment plans like expanding a factory that needs some years to pay off. Long-term interest rates ranging from one to ten years are calculated simply by taking an average of forecast short-term interest rates over the desired period. Short- and long-term interest rates are closely related, but differ on the basis of MPC decisions; the expectations of how the national economy will fare; the expected future inflation rates; and how likely the MPC will achieve its inflation targets (BOE, 2005). The direction of short-term rates is easy to determine because the figure depends on the latest interest rate decision of the MPC that can either raise or lower the Repo rate. Long-term rates, however, may go either way, determined by how the economy will perform many years from now. It can happen that whilst the MPC raises the Repo rate next month, ten-year rates may go down if the market thinks such a decision will cause rates to fall in the future. Future rates depend on how reliable the market finds the MPC (Barrell et al., 2006, p. 60). In deciding to keep the Repo rate at the same level in April 2006, the MPC considered several rigorously monitored variables such as U.K. inflation (down from 2.0% to 1.8%), money supply (M4, the sum of notes, coins, and so-called broad money consisting of what is held in bank and building society accounts, grew 12% in the year to February), economic growth (in line with first quarter trend rate at 0.6%), U.K. consumer spending and manufacturing (growing steadily), asset prices (rising prices of equities and houses), the sterling exchange rate (weakening or depreciating to the dollar and the Euro), risk of higher inflation (rising due to the increase in energy and oil prices), the economic performance of the U.S., the so-called Eurozone (EU countries that have the Euro as its common currency), and Japan (inflation, exchange rates, asset prices, etc.), wage pressures (rising average real product wage balanced by lower growth of average real consumption wage; the first refers to the re al cost incurred by employers whilst the second refers to the take home pay of employees), and consumer surveys on inflationary expectations (rising), a key emotional factor that influences personal decisions to either save or spend. Inflation - the rise in prices of a basket of goods and services in the whole economy - if