Income-inequality narrative

Assignment Help Financial Management
Reference no: EM131180095

In “The False Income-Inequality Narrative,” Jason L. Riley argues that fairness is not about getting money from more productive persons and giving it to less productive persons because welfare breeds passivity and make people have less desire to work; disparities are “normal” since pure fairness doesn’t exist due to demographic, cultural and other factors; shining immigrants show that citizens are still able to find opportunities to grow without being subsidized.

Prompt:

I want you to write your own "agree/disagree BUT" thesis statement in response points made in the previous statements. I don't want a simple "agree" or "disagree" response -- I want something more nuanced. For example, you may write, "I agree with this part of author's argument but not this other part,"

Then, I want you write two or three sentences in which you IDENTIFY and RESPOND TO (AGREE/DISAGREE WITH) two or three specific claims that the author makes or uses.

Reference no: EM131180095

Questions Cloud

How much can the lab afford to pay for the mri machine : A medical lab wants to upgrade its MRI machine. Their financial department assessed that the lab will add about $250,000 to their annual revenues. The cost of operating and maintaining the new machine is $15,000 per year, and additional labor & mater..
Revolving credit agreement : Bridgeport Inc has a $30 million revolving credit agreement with its bank at prime plus 3.2% based on a calendar year. Prior to the month of April, it had taken down $15 million that was outstanding for the entire month. On April 10, it took down ano..
What is the portfolio expected return : A portfolio is invested 10 percent in Stock G, 50 percent in Stock J, and 40 percent in Stock K. The expected returns on these stocks are 9 percent, 15 percent, and 19 percent, respectively. What is the portfolio's expected return?
Know the value of unified communication : As a network infrastructure architect for a retail music chain, you know the value of unified communication (UC) to your business. Discuss how you will convince your organization to change over to true integration and what technologies would be af..
Income-inequality narrative : In “The False Income-Inequality Narrative,” Jason L. Riley argues that fairness is not about getting money from more productive persons and giving it to less productive persons because welfare breeds passivity and make people have less desire to work..
Calculate the uplift force acting on the dam foundation : On graph paper, sketch the flow net beneath the dam wall. Use at least 5 stream tubes. On graph paper, the sketch must be an undistorted copy of the sketch below (Fig. E3.6).
What is the amount of the net working capital : Red Roofs, Inc. has current liabilities of $24,300 and accounts receivable of $7,800. The firm has total assets of $43,100 and net fixed assets of $23,700. The owners' equity has a book value of $21,400. What is the amount of the net working capital?..
Risk-management and risk-mitigation techniques : The required reading in this unit contains a document that lists some risks affecting cloud computing. From that list, choose at least six risks to analyze and research. Insert the six risks into the table below, and then identify the risk-managem..
What is the crossover rate and what is its significance : FIN 534 - Homework What is each project's MIRR at the cost of capital of 10%? At 17% and what is the crossover rate, and what is its significance?

Reviews

Write a Review

 

Financial Management Questions & Answers

  New firm specializing in digital switching systems

A financial advisor at Diehl Investments identified two companies that are likely candidates for a takeover in the near future. Eastern Cable is a leading manufacturer of flexible cable systems used in the construction industry, and ComSwitch is a ne..

  Lines of business likely produce the most stable earnings

Use the information in Exhibit 1.10 to explain what amounts and proportions of Bank of America's earnings come from each different line of business. Which lines of business likely produce the most predictable or stable earnings?

  What is her itemized deduction for taxes paid for the year

Betty paid $5,000 of state income taxes in 2011. She also paid $75 in vehicle/property taxes to renew her vehicle as well as $3400 in real estate taxes on a lot of land she owns in Hawaii. She also paid $2500 in sales tax on the purchase of a new boa..

  Compute the present value of opportunity

You are due to receive ten annual payment of $1500 each,the first payment to be received 5 years from now. You can invest each of these payments into an account that offers a 4 percent, semi-annual interest rate. Compute the present value ( t=0) of t..

  How much would legacy be worth today-annual compounding

The great, great grandparents of one of your classmates sold their factory to the government 104 years ago for $150,000. If these proceeds had been invested at 6%, how much would this legacy be worth today? Assume annual compounding.

  Her capital gain per share

Sarah purchased a stock one year ago at a price of $32 a share. In the past year, she has received four quarterly dividends of $0.75 each. Today she sold the stock for $38 a share. Her capital gain per share is

  Impossible to commit corporate fraud or similar activities

You likely have read about the Sarbanes-Oxley Act.  Why do you suppose Congress passed this law?  In your opinion, is the law providing any benefit for the average investor?  Do you think if we have enough such laws, it will eventually be impossible ..

  Define the various capital budgeting methods

Define the various capital budgeting methods such as net present value (NPV), internal rate of return (IRR), and so on, and explain how they differ from one another. Identify which, if any, of the methods discussed might be superior to the others and..

  How much did the firm pay in annual interest

Green Tea House has a 35 percent tax rate and an interest tax shield valued at $6,728 for the year. How much did the firm pay in annual interest?

  Additional leverage would cause required rate of return

The Anson Jackson Court Company (AJC) currently has $200,000 market value (and book value) of perpetual debt outstanding carrying a coupon rate of 6%. Its earnings before interest and taxes (EBIT) are $100,000, and it is a zero growth company. It is ..

  Withdraw for growing annuity

Calculate the first and second year ANNUAL payment that you could withdraw for a "growing annuity" using the following assumptions: Interest rate = 10% Inflation rate = 5% Remaining life expectancy = 29 years Amount invested at retirement date = $800..

  What is the break-even rate in case

Acme has branched out to rentals of office furniture to start-up companies. Consider a $4,600 desk. Desks last for six years and can be depreciated on a five-year MACRS schedule. Assume administrative costs drop to $360 per year. The company has just..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd