Lorita Utagba Essays - Guggenheim Fellows, Radical Feminists

Lorita Utagba Essays - Guggenheim Fellows, Radical Feminists Lorita Utagba English 1100 Writing project 4 final draft December 7, 2016. Vivian Gornick' experience with her mother Do I have your attention yet? As a youth, I have always wanted to do what I want in life, I never want to be controlled by my mother that is why I have been having difficulty with my relationship with my mother. My mother and I, I have always had misunderstanding because of house chores and about people that her my friend. I have always felt unhappy whenever she disgraces me at the present of my friends. Whenever she was me to go to church with her, there will always be a problem every Sundays. There is a day she slapped me in the present of my friends for inviting them over without her permission. I knew at that time we will never be along but with time, I understand what she is trying to do for me. Vivian Gornick is an American critic and journalist with a dazzling writing capability. She is among the wonderful writers who write about their life. A lot of people are interested in Vivian Gornick because she writes about experiences in life. Vivian Gornick's story has made me realize that there is no child that doesn't have misunderstanding with his/her parents. Her story reminds me of how I have been on and off with my mother because we have a difficult relationship. Vivian Gornick was born June 14, 1935 in the Bronx, New York is an American critic, journalist, essayist, and memoirist. She was a reporter for the village voice from 1969 to 1977. Her work has also appeared in the New York Times, the Nation, the Atlantic monthly, and many other publications. She has published eleven books. Vivian Gornick has written about herself in marriage, friendship and as a daughter. As a woman living alone in New York. She has always had difficulty with writing. Vivian Gornick memoirs include Fierce Attachment (1987). Fierce Attachment is about her childhood in the Bronx and lifelong antagonism with her mother. Vivian Gornick self-narrative is a form of cultural criticism. Gornick uses her own experiences and her willingness to write about her experiences to tell a larger social story which has become the hallmark of her writing. While she acknowledges her Jewish background in much of her work, what led Vivian Gornick into writing was how she saw the relations between men and women were changing fast, so she registered those changes around her and wrote it in her own reading for people to read and understand what her articles are all about. Vivian Gornick was the finalist for the National book critics circle awards. Vivian Gornick writes in the Odd Woman and the City, a non-fiction hybrid that is part memoir, part cultural criticism. Gornick's New York City, where she lives and writes and belongs. Her articles "Fierce Attachment" which is parts of her books. Vivian Gornick tells the story of her lifelong battle with her mother for independence. Vivian Gornick was born and raised in the Bronx, the daughter of "urban peasants." Gornick grew up in a household dominated by her intelligent but her mother's romantic depression over the early death of her husband. There was a lady who lived next door, who was an attractive widow whose calculating sensuality appeals greatly to Vivian. Gornick walks with her aged mother through the streets of New York, arguing and remembering the past each wins the reader's admiration. Blair, Elaine (page 35) Fierce Attachment is one of the most remarkable documents of family feeling that has been written, a classic that helped start the memoir boom and remains one of the most moving examples of the genre. Vivian Gornick's relationship with her mother is difficult. At the age of forty-five she regularly meets her mother for strolls along the streets of Manhattan. Her mother knew her daughter hated her because she believes Gornick has been tracking her lifelong struggle for independence. Vivian Gornick has taught creative writing for decades and the repository of her experience. Vivian Gornick story always essentially reflect to her personal experience. She always analyzes the writer's lives and sees their essays as much as possible. Vivian Gornick essay fierce

The Economic Costs of Inflation

The Economic Costs of Inflation In general, people seem to know that inflation is often not a good thing in an economy. This makes sense, to some degree- inflation refers to rising prices, and rising prices are typically viewed as a bad thing. Technically speaking, however, increases in the aggregate price level need not be particularly problematic if prices of different goods and services rise uniformly, if wages rise in tandem with the price increases, and if nominal interest rates adjust in response to changes in inflation. In other words, inflation need not reduce the real purchasing power of consumers. There are, however, costs of inflation that are relevant from an economic perspective and cannot be easily avoided. Menu Costs When prices are constant over long periods of time, firms benefit in that they dont need to worry about changing the prices for their output. When prices change over time, on the other hand, firms would ideally like to change their prices in order to keep pace with the general trends in prices, since this would be the profit-maximizing strategy. Unfortunately, changing prices is generally not costless, since changing prices requires printing new menus, relabeling items, and so on. Firms have to decide whether to operate at a price that is not profit-maximizing or incur the menu costs involved in changing prices. Either way, firms bear a very real cost of inflation. Shoeleather Costs Whereas firms are the ones who directly incur menu costs, shoe leather costs directly impact all holders of currency. When inflation is present, there is a real cost to holding cash (or holding assets in non-interest bearing deposit accounts), since the cash wont buy as much tomorrow as it could today. Therefore, citizens have an incentive to keep as little cash on hand as possible, which means that they have to go to the ATM or otherwise transfer money on a very frequent basis. The term shoe leather costs refer to the figurative cost of replacing shoes more often due to the increase in the number of trips to the bank, but shoe leather costs are a very real phenomenon. Shoeleather costs are not a serious issue in economies with relatively low inflation, but they become very relevant in economies that experience hyperinflation. In these situations, citizens generally prefer to keep their assets as foreign rather than local currency, which also consumes unnecessary time and effort. Misallocation of Resources When inflation occurs and prices of different goods and services rise at different rates, some goods and services become cheaper or more expensive in a relative sense. These relative price distortions, in turn, affect the allocation of resources toward different goods and services in a way that would not happen if relative prices remained stable. Wealth Redistribution Unexpected inflation can serve to redistribute wealth in an economy because not all investments and debt are indexed to inflation. Higher than expected inflation makes the value of debt lower in real terms, but it also makes the real returns on assets lower. Therefore, unexpected inflation serves to hurt investors and benefit those who have a lot of debt. This is likely not an incentive that policymakers want to create in an economy, so it can be viewed as another cot of inflation. Tax Distortions In the United States, there are many taxes that do not automatically adjust for inflation. For example, capital gains taxes are calculated based on the absolute increase in the value of an asset, not on the inflation-adjusted value increase. Therefore, the effective tax rate on capital gains when inflation is present may be much higher than the stated nominal rate. Similarly, inflation increases the effective tax rate paid on interest income. General Inconvenience Even if prices and wages are flexible enough to adjust well for inflation, inflation still makes comparisons of monetary quantities across years more difficult than they could be. Given that people and companies would like to fully understand how their wages, assets, and debt evolve over time, the fact that inflation makes it more difficult to do so can be viewed as yet another cost of inflation.