How to quit smoking Research Paper Example | Topics and Well Written Essays - 1000 words

How to quit smoking - Research Paper Example It also lays a great impact on people who do not smoke but are exposed to second hand smoke and they also become susceptible to the development of disease. Smoking affects the major systems of the human body which include the cardiovascular system as well as the respiratory system and is associated with major pathological conditions affecting the heart and can also result in cancer of the lung. Smoking also increases the economic burden of the country owing to the large amounts of money that need to be spent on the medical expenditures of the smokers. A survey in year 2004 revealed the fact that $96 billion had to be spent on the health care costs of the smokers owing to the pathologies resulting directly due to smoking. Hence the severity of the issue makes it important that strategies should be formulated to assist individuals in overcoming these problems of smoking and to quit smoking as this can be beneficial for the individuals as well as for the state (Centers for Disease Contr ol and Prevention 2010). Strategies employed by the state can serve to be very useful in reducing the number of smokers. This was proved by the statistics for the state of California where the percentage of smokers reduced from 22.7 percent to 13.3 percent from the year 1988 to 2006. The policies used by the state included the elevation in the cost of the cigarettes accompanied by other important techniques which included reduction in advertisements and promotions of cigarettes. This led not only in reduction of the number of smokers but it was also associated with decrease in the number of pathological conditions in the state associated with smoking (Centers for Disease Control and Prevention 2010). The goal of quitting smoking is not very easy and it requires extreme will power and determination. Many people do not choose to quit smoking owing to the fact that when they stop smoking, it leads to increase in their weight. This is because leaving smoking is linked to increased cravi ng for sweet foods and this leads to increased consumption of calories. To tackle this issue different methods have been prescribed to overcome the problem of smoking as well as the gain of weight that may follow. It is advised that the smokers should start eating a healthy and balances diet. This should be accompanied by regular exercises and work outs. This is because exercise and healthy eating habits are associated with burning of calories and at the same time it leads to reducing the stress that a person may experience due to leaving smoking. This is also very helpful because it can lead to the improvement of cardiovascular system boost the physical health of the individual (Marcus et al 2004). The initiative should be taken by the government for promoting individuals from quitting smoking. This includes awareness programs along with the constellation of other techniques which include the utilization of media to promote the benefits of quitting smoking. The awareness programs s hould be started from schools so that the youths are trained against adapting to these habits. The prices of cigarettes should be raised along with the taxes to make the people think regarding their choice of smoking. The methods that are available for helping individuals who smoke should also be explained to these people. These strategies will assist people in setting their goals to work towards quitting smoking (Ranney et

Traditional clothes in Japan and Germany Essay Example | Topics and Well Written Essays - 750 words

Traditional clothes in Japan and Germany - Essay Example Culture is expressed by a range of values that are special and unique for a country or a region – these are history, language, cuisine, traditions. Clothes are a distinctive national peculiarity. Traditional clothes have evolved, as culture has evolved during the ages, influenced by historical developments, religious beliefs, regional and class subcultures.The Japanese traditional clothing today has become to represent Japan’s cultural identity. The word kimono or wafuku means simply â€Å"Japanese style clothing†, and is used to differentiate this style of attire from yofuku, which is the Western-style clothing Japanese prefer to wear today Traditional clothes have specific attributes like form or color that make them distinctive to the national culture. The thought here is that clothes’ elements and style in the past have developed for a reason, conveying meaningful messages to other people as part of the nonverbal communication process. The kimono is a universal symbol of Japan. It represents the traditional beauty and simplicity, having a single basic pattern in size and shape. Originally the kimono was worn in multiple layers of different colors. The symbolism behind this variety of colors is that during the Heian period women had to be protected by multi-layered clothes, whereby the different colors of the layers revealed the character of those who wore them. (Chiu, 2001). Elements of the clothing were indicative of woman's character - her skill in matching colors and even the smallest details in the kimono were highly valued as artistic sensibility. Other symbolic elements in the

Investment and Portfolios assignment Essay Example | Topics and Well Written Essays - 1250 words

Investment and Portfolios assignment - Essay Example When a trader can foresee these changes, it provides a clear picture of the market trends. For these reasons, traders would be in a better position to make entry when the chances of making profits are high and make an exit when the trends are not favorable. According to Murphy, (1999), there are three concepts that describe technical analysis. These were described as market action discounts everything, prices move in trends, and history repeats itself. Murphy (1999) defined market action discounts everything as source of information availed to traders. Such information may include volumes of data or prices of commodities. The concept assumes that the market action discounts everything, which illustrates that everything that is likely to influence the prices like psychology, politics, and other fundamentals were integrated and therefore reflected in the volumes of data or the prices. Therefore, the price provides a direct measure that could be used to study trends in demands and supply. Rises in the price would signify that the demands ought to exceed the supply while ensuring that the fundamentals are kept positive. Price trend denotes the directions taken by the stock’s price over a given period. Technical analysis dwells on prevailing patterns of price data to signal reversal or continuation of the trend. It offers the opportunity to recognize continual situations that guide continual ‘riding on the values’ to get optimal out of it. Although, most the basis of doing price move in trend is to recognize continual signals, it also offers the opportunity to identify any signals for reversal so that the owners can sell their stock before the trend goes bad. Technical analysis examines data on the stock prices to establish price patterns that could assist in the prediction of the next direction for future prices. If existing data on pricing shows that past projections were

First Session Presentation Essay Example | Topics and Well Written Essays - 1000 words

First Session Presentation - Essay Example Firm and clear corporate legislation can do much, but so can the 'softer' principles that invest our understanding of ethical dealing, and enhance the quality of human relationships. Good governance enhances stakeholder value, company morale, and productivity. The overall significance of corporate governance is that ethics must start at the top, and be constantly fostered there. Without ethical leadership there will be no ethical following. Openness should be the main point in corporate governance. Secret deals, the 'old-boy' network, family collusion, and power broking are often seen to be inimical to good strategic management. That openness might breach commercial secrecy may be true but it is argued here that, apart from commercial secrecy or national security, the strategic plans and commercial tactics belong to all stakeholders. Openness is the long-term goal of commercial stability. A high-integrity ethical code also supports the reputation of WJI. The use of an ethical code goes beyond specifics, and addresses a broader range of conduct in that it shows a commitment to good citizenship (Schuler, 1998). There is agreement that values and beliefs greatly influence organizational attitudes and behavior which form organizational culture. To a significant degree, values, beliefs, and attitudes govern behavior and decision-making activity in organizations. It is through shared values and beliefs that organizational culture impacts organizational behavior and, hence, effectiveness (Cairns, 2003). The key issues of culture will include open and proper financial reward for work done. The notion of tipping for some special reason has been common, but not all that common. Among such are the notion of collective responsibility, attitudes to women, judgments about body shape, usury, secret commissions, and loyalty-to-family over loyalty-to-principle. Among the important themes on business ethics and culture are those of the need to resolve issues of values in relation to different cultures, and to try to find principles that transcend culture; and the need to find means of teaching, encouraging and enforcing an ethical code in business. Corporate ethics will shape culture and affords an opportunity to discuss and resolve these human values in a non-threatening frame of reference. In a world of increasing prospects of cross-cultural contact there is a perceived need for a guide to human behavior that is minimally culture bound (Robbins, 2002). Organizational Structure Culture and structure must both be appropriate to provide successful innovation. Structure is the easier to change, being relatively changeable in the short term of a decade or less while culture may take centuries to change. WJI is based on a matrix structure which better fits the consulting nature of the firm. The capture of the matrix and its conversion into a space of regulation is easily demonstrated by recourse to any contemporary use of the notion of a matrix as the ordering principle for ideas, locations, positions and so forth. The matrix structure helps WIJ to perform the main tasks quickly and effectively (Robbins, 2002). The most important is that the level of errors and faults are lower than before. WIJ first corrected the structure before the establishment of innovation has a chance to result in a prospering economy. It

Investment and Portfolios assignment Essay Example | Topics and Well Written Essays - 1250 words

Investment and Portfolios assignment - Essay Example When a trader can foresee these changes, it provides a clear picture of the market trends. For these reasons, traders would be in a better position to make entry when the chances of making profits are high and make an exit when the trends are not favorable. According to Murphy, (1999), there are three concepts that describe technical analysis. These were described as market action discounts everything, prices move in trends, and history repeats itself. Murphy (1999) defined market action discounts everything as source of information availed to traders. Such information may include volumes of data or prices of commodities. The concept assumes that the market action discounts everything, which illustrates that everything that is likely to influence the prices like psychology, politics, and other fundamentals were integrated and therefore reflected in the volumes of data or the prices. Therefore, the price provides a direct measure that could be used to study trends in demands and supply. Rises in the price would signify that the demands ought to exceed the supply while ensuring that the fundamentals are kept positive. Price trend denotes the directions taken by the stock’s price over a given period. Technical analysis dwells on prevailing patterns of price data to signal reversal or continuation of the trend. It offers the opportunity to recognize continual situations that guide continual ‘riding on the values’ to get optimal out of it. Although, most the basis of doing price move in trend is to recognize continual signals, it also offers the opportunity to identify any signals for reversal so that the owners can sell their stock before the trend goes bad. Technical analysis examines data on the stock prices to establish price patterns that could assist in the prediction of the next direction for future prices. If existing data on pricing shows that past projections were

Medical profession Essay Example for Free

Medical profession Essay Adolescence roughly covers the age from thirteen to eighteen. Thus they are called the â€Å"teen years†. Psychologist, educators and the medical profession all agree that adolescence is the most difficult stage an individual may have to go through. It is a time of rapid changes in physical, cognitive and social behavior (Hurlock, 1982). At this age the teen undergo a transition from â€Å"innocence’ to â€Å"awareness†. He shifts from the egocentric world of childhood where his thinking is guided only by what is known or seen to a wide world within him and around him where he can logically think through its reality(Hilliard ,2003) The individual entered an age wherein suddenly there are so many things that he wants to know, understand and experience. It is at this time that primary (sex organs) and secondary sex characteristics start to develop. This includes growth of pubic hair, swelling of breast or first menstrual period for girls and penis growth for boys. Such changes are made possible due to biological change that are undergoing within their bodies. Both boys and girls began to release large quantities of sex hormones, estrogen for girls and androgen for boys. This hormonal change in turn may cause arousal and emotionality in both sexes as they began to figure there sexual values (Hurlock, 1982). Their physical and biological development may make teens overly â€Å"self-conscious† and they become strongly interested to the opposite sex. It is at this time that they first start dating (Huebner, 2000). Generally teens are primarily confronted with issues about sexuality that leads to confusion, chaos, rebellion and extra emotional sensitivity (Hurlock, 1982). Developmental theories had been formulated to explain this phenomenon. METHODOLOGY The purpose of questionnaire is to know a teen’s view and attitude about sex. It does not tackle other sexuality issues like homosexuality and transgender. In developing my questionnaire I keep three things in mind: I should not be biased, questions must be clear to avoid misunderstanding and that care should be taken so as not to offend or embarrass my respondents. I know that teens can be very sensitive and conscious of what people say about them and for most of them sex is a private matter. To meet the above criteria I was careful in not committing the following errors in designing a questionnaire: a) the respondent feels the information is â€Å"none of my business† (Do you masturbate? ), b) Question lack a standard of reference ( do you feel comfortable discussing sex with â€Å"people†? What people? Friends? Parents?), c) the respondent does not know the answer (How many teens in your school disagree about premarital sex? ), and d) the respondent does not remember the answer and therefore guesses (How many girls does your best friend dated last year? ). I first tested my questionnaire by letting one of my teen friends answer it. In this way I will know if the questions are clear and can be easily answered even when I am not around. I revised question/s that was declared not clear by my friend. The next task was to find a teen to be interviewed using the questionnaire. In order not to be biased I interviewed someone I do not know. In this way I have no idea regarding his sexual views. I went to a community park where all sorts and types of teens usually hangout during non-school days. I found a prospect in a group of boys who were dancing beside a stage. The person I interviewed volunteered to answer the questionnaire. He strikes me as a happy go lucky teen. He dresses nicely and smells good although he had been sweating because of their dance practice (he informed me that his group will be joining a dance contest in their community). He smiles easily and seems not to take my interview seriously at first.

Liberal and Mercantilist Theories of Political Economy

Liberal and Mercantilist Theories of Political Economy Contrast liberal and mercantilist theories of international political economy and consider which approach is most apparent in the contemporary world. The following seeks to contrast liberal and mercantilist theories that have developed to describe and analyze the international political economy. Once the contrasts have been made conclusions as to which theory is the most apt or apparent in the contemporary world will be drawn. Both liberal and mercantilist theories have advantages and disadvantages when used to understand the international political economy in the present global system. Perhaps it would be more apt to describe the liberal theory as being neo-liberal as it has undergone a recent revival in popularity. It must be remembered that whether a state is most influenced by liberal or mercantilists theories that trade will never be completely free of duty and tariffs, as they are useful sources of revenue for governments. Governments also have to have relationships with other governments and non-state actors that may or may not share their worldview. Liberalism itself can be dated back to the English, American and French revolutions of the seventeenth and eighteenth centuries, when the mercantilist economic system evolved into capitalism. Liberals were originally regarded as being politically centrist or left wing in outlook but favoring little or no state intervention in the economy. In its original form liberal economic theory strongly advocated a free market approach with states not using tariffs to prevent competition from other countries and not interfering in their own internal markets (Comfort, 1993, p. 345). The basis of liberal theory was the right to gain property or capital to be used however states, businesses or individuals felt appropriate combined with freedom of action and belief (Eatwell and Wright, 2003, p. 27). In classical liberal theory the free market sets the prices for goods, currency exchanges, resources and even wages. However fluctuations within the free market can have serious political as well as econ omic consequences such as unemployment and poverty that can be made worse by international competitors. Governments have attempted to circumvent these problems by setting up welfare states, imposing strict tariff restrictions on imports or subsidizing industries and businesses. The restriction of trade and the use of tariffs are the main basis of mercantilist theory (Harvey, 1995, p. 6). Liberalism was apparently strongest in the international political economy during the 19th century as Britain dominated world trade removing barriers in its way to free trade. Liberal capitalism seemed to be unstoppable during this period. The economic elites of the less developed states were content to play a subordinate role as they were still making profits for themselves (Hobsbawm, 1975, p. 38). However, there were moves away from free trade towards a more mercantilist or restrictive trade practices most notably in Germany and United States whilst even the British started to doubt free trade. After World War One liberal theory seemed to decline in prominence within the international political economy (Hobsbawm, 1987, p. 54). It was a great paradox that liberal theory would regain some of its prominence in international political economy after 1945 just as the free market within most of the world was either tempered by welfare states or communist takeovers. The United States promoted freer trade both out of self-interest and the desire to prevent the great failings within the international political economy during the inter-war period. Through the World Bank, the International Monetary Fund and the Bretton Woods agreement the United States government ushered in an era of liberalism that is still in operation to this day. However, it was not the unrestrained free trade international political economy of the 19th century but without American aid it is doubtful if Western Europe and Japan would have recovered so well to play such key roles in the present global economy. However the World Bank and the IMF are founded on the principles of liberal theory and generally insist that all countries they loan money t o adopt those free trade policies that stem from liberalism. Governments that have to accept these loans leave their economies open to multinational companies and have to reduce spending on welfare and education (Keegan, 1992, pp.16-17). United States domination of the international political economy meant that it could promote the liberal theory of free trade even if it allowed its partners to have tariffs whilst it did not. United States share of world trade declined its share of global exports declining to 13% in the 1980s from its high point of 29% in 1953. However the American based multinational companies such as Coca-Cola and Microsoft have great influence on the global economy due to their size and profitability. Americans continue to believe that liberal theory holds the key to ensuring international prosperity and many nations either through choice or lack of autonomy pursue liberal policies as well (DuBoff, 1989.p.158). Liberal theory does not completely dominate the international political economy as tariffs were not completely removed from all countries and there was the establishment of trading blocs. Blocs such as the European Union (EU), The North American Free Trade Association (NAFTA) and Mercosaur in Latin America offer favoured trading terms to members but not always to non-members. The economic advantages offered by free trading areas act as an incentive for non members to adopt liberal policies, for instance the former communists states of central and eastern Europe. For much of the post war period there was also the apparent rival economic and political theory of communism represented by the Soviet Union and its Central and Eastern European satellites. The collapse of communism certainly made liberal concepts within international political economy more apparent in the contemporary world (Keegan, 1992, pp. 3-4). The former communist countries of Central and Eastern Europe and the Soviet U nion have all to some extent attempted the twin convergence to liberal democracy and capitalist economy. The opening up of these countries to liberal free trade led to unemployment, the closure of uncompetitive factories and inflation. Russia and its young reformers was not the only country to attempt shock therapy to cure the stagnation caused by central planning (Freeland, 1999, pp. 34-35). However, the economic and political transitions have been more successful in Poland, Hungary and the Baltic States that have since joined the EU. It could be argued that liberal theory of free trade proved attractive to reformers whilst ordinary, people wished to have higher standards of living as in the United States, Japan and Western Europe (Agh, 1998, p.3). The mercantilist theory is in effect the opposite theory to the liberal theory. Mercantilist theory equates to restrictions being placed upon free trade when governments are more prepared to intervene in the international political economy or if needs be to by pass it. Mercantilist theory and practice led to the creation (or explained it at any rate) of separate trading blocs and economic nationalism within the international political economy. Economists and historians have argued that modern capitalism developed from an earlier mercantilist period when the empires built up by the European states such as France, the Netherlands, Spain and Portugal competed for global domination and tried to restrict trade to within their own empires. Each country would try to increase its power by gaining colonies, economic influence and more consumers for its goods. Britain by virtue of its naval supremacy and earlier industrialization was able to dominate the international political economy. Where possible Britain removed mercantilist restrictions to trade, allowing workers, businesses and investments to flow more freely (Hobsbawm, 1975, pp. 36-37). However, mercantilist theory and policies remained and still remain in the international political economy. Countries such as Germany, Russia, Japan and the United States used protectionism to start up and enhance their industrialization preventing more efficient rivals from shutting it down. Japan would become the role model for importing superior foreign goods, copying them and them exporting cheaper versions. Meanwhile a renewed wave of imperialism at the end of the 19th century increased the competition for colonies and captive markets. Mercantilist theory was popular then and is attractive now because of its emphasis on national self -interest and gaining at the expense of others. However, the advantages of domestic popularity and employment protection need to be considered in relation to consequences within the international political economy. The United States is as keen to pursue free trade liberal policies as the British used to be, because they gain the most from those policies. Smaller nations on the other hand are dependent on the richer nations and might prefer to restrict trade to protect their industries and jobs but often have that choice taken away from them (Hobsbawm, 1987, p. 54). There are various ways in which mercantilist theory can be put into effect. Methods include the imposition and weighting of tariffs (more restrictive towards unfriendly nations, less restrictive for friends or allies), the restriction or complete ban of certain goods and quotas. Not only can restrictions be used to gain economic advantage they can also be used as political and economic sanctions against states that have transgressed in some way. The effectiveness of sanctions in forcing countries to change their behaviour remains largely unproved both in the past and in the contemporary international political economy. The possible exception to this is the supply of crude oil, which is so crucial to the economies of North America, Europe and Asia. This reliance upon oil gave the oil embargo of 1973-74 such damaging effects on the global economy. The further price rises following the Iranian revolution in 1979; the Gulf War of 1990-91 and more recently the invasion of Iraq demonstrate the vulnerability of the international political economy to the restriction of essential resources. However the governments of the oil producing states are normally happy to take part in free trade even if liberalism is the last thing they would support at the domestic and national level (Harvey, 1995, pp. 288-89). The inter-war period provides the best examples of the bad consequences of an imbalance between liberal and mercantilist influences on the international political economy. Tariffs were raised through out that period yet offered little but short-term advantage at the expense of international co-operation and trade. Whilst Britain and France increased their exports to their colonies and restricted imports from rivals, Italy, Japan and Germany looked at conquest as a means of economic expansion. These mercantilist measures did little to protect and in fact further harmed the international political economy following the great depression after 1929 (Brendon, 2000, p. 165). Added to the instability was the harshness of the Versailles settlement that prevented Germanys economic revival and badly effected the economic fortunes of the rest of Europe. Resentment of the settlement assisted the Nazis Party aided by economic weakness (Smith, 2003, p. 160). The events of the inter-war period are relevant to an understanding of the contemporary international political economy due to the way in which governments and organisations have tried to prevent similar events happening again. Liberalism is seen as the best means of achieving stability and prosperity just as much now as it did in the past (Smith, 2003, p. 161). After 1945 the United States government extended aid not only to its allies such as Britain and France but also defeated enemies in the form of Germany, Italy and Japan. Under the Marshall plan $17 billions of American aid boosted reconstruction in Western Europe (Central and Eastern European countries were forced to refuse by the Soviet Union) that ensured long term stability and prosperity. This is relevant to the present international political economy because it assured the predominance of liberal theory even though it did not completely eliminate mercantilist theory (Ambrose Brinkley, 1997, p. 87). The post-war economic growth of Germany and Japan (the Western part anyway) was aided by the selective use of subsidies and tariffs to promote the most effective parts of the economy rather than the least effective. Germany of course also had to set tariffs in line with its EU partners whilst Japan has not such constraints (Keegan, 1992, p.145). Countries within the international political economy have to find a balance between national self- interest and maintaining worthwhile international trading relationships. Whether guided by liberal, mercantilist or any other theory governments are often guided in their approach to the internationalist political economy by pragmatic considerations. Decisions made on pragmatic basis can later be justified in the mane of liberal or mercantilist theory. The rise of international trading blocs has generally led to a liberalization of trade within those blocs most notably within the single market and single currency of the EU (Smith, 2003, p.230). The cost of failure or the benefits of success of liberalization of trade within the international political economy are great. The General Agreement on Trade Tariffs (GATT) has often been involved in complex trade deals and tariff reductions. Failure to agree can lead to the costly maintenance or extension of trade restrictions. Reductions in t ariffs have been substantial. For instance the cuts agreed to at the Uruguay round of GATT amounted to a $744 billion reduction in tariffs across the international political economy. Such deals demonstrate the intentions of many governments to make the international political economy as liberal in nature as possible but without losing too much of their own position (Ambrose Brinkley, 1997, p. 410). Arguably the liberal theory is the most apparent within the contemporary international political economy. However this has to be considered with remaining vestiges of mercantilist theory. Liberal theory received a revival from the 1970s onwards with the emergence of neo-liberalism. Neo-liberalism became most closely associated with Margaret Thatcher in Britain and Ronald Reagan in United States being referred to as Reaganomoics and Thatcherism. They wished to turn the clock back to unrestricted free trade internationally and the free market domestically with reduced welfare states (Keegan, 1992, p.25). Ronald Reagan in fact increased public spending particularly in a renewed arms race with the Soviet Union. An unintended consequence of that policy was the collapse of the Soviet Union and the communist regimes of Central and Eastern Europe (Carroll Noble, 1988, p.433). The re-emergence of liberal democracy and capitalism in the former Soviet Union and Central and Eastern Europe stren gthened the role of liberal theory in the international political economy. This strengthening happened because of the liberal minded policies of reformers in those countries even though the transitions proved far from straight forward (Agh, 1998, pp. 2-3) Therefore within the present international political economy liberal theory is more apparent than mercantilist theory. The apparent dominance of liberal theory can be explained by the continued strength of American and other major multinational companies, and the political, economic and military might of the United States. Liberal theory is further promoted by institutions such as the IMF that influence developing states into pursuing free trade policies. Developing and former communist states such as Poland also see that adopting liberal theory can be to their political and economic advantage, especially if it allows them access to trading blocs like the European Union. Trading blocs may operate liberal theory within the confines of their members but they can display mercantilist tendencies by restricting trade with non-members. Liberal theory is also promoted by the process of globalization that makes it easier for multinationals to operate within. The increasing use of information technology allows trade to be carried out faster with less chance of governments intervening. Yet mercantilist theory is not likely to disappear from the international political economy just yet as governments are as likely to be guided by national self-interest and pragmatism as they have always been. Bibliography Agh, A. (1998) The Politics of Central Europe, Sage Publications, London. Ambrose S E Brinkley, D G (1997) Rise to Globalism American Foreign Policy Since 1938, Eighth Revised Edition, Penguin Books, New York Brendon, P (2000) The Dark Valley A Panorama of the 1930s, Jonathan Cape, London Carroll, P. N and Noble, D. W (1988) The Free and the Unfree A new history of the United States 2nd edition, Penguin Books, New York Comfort, N. (1993) Brewers Politics A Phrase and Fable Dictionary, 2nd edition, Cassell, London. DuBoff, R B (1989) Accumulation Power An Economic History of the United States, M E Sharpe Inc. New York Eatwell, R and Wright, A (2003) Contemporary Political ideologies, 2nd edition, Continuum, London Freeland, C (2000) Sale of the Century -the inside story of the Second Russian Revolution, Little Brown and Company, London Harvey, J (1995) Mastering Economics 4th edition, Macmillan, London Hobsbawm, E (1975) The Age of Capital 1848-1875, Weidenfeld Nicholson, London Hobsbawm, E (1987) The Age of Empire 1875-1914, Weidenfeld Nicholson, London Keegan, W (1992) The Spectre of Capitalism the future of the World economy after the fall of Communism. Smith, D (2003) Free Lunch -Easily Digestible Economics, Served on a plate, Profile Books, London