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Unpleasantville (Pleasantville Essay) …
Best Sample Essays, Free Research Papers, Dissertation Samples. There are three dimensions of problems that can take place within an organization – economic, legal and social. Pleasantville! The economic, legal and social features of the custom customessays co uk, employment relationship are complicated to essay conclusion, divide, because all three are closely interrelated (Dufty Fells 1989, p.3) (Refer Appendix I). It is necessary that the employer and employee relationship be stable and content in the beginning, otherwise in the future the custom essays customessays co uk, workplace will be inefficient and unproductive. It is known that the employer requires employees to work for them, to produce products and increase capital and profit for them. The employee is essay conclusion, working for a wage that the employer provides in exchange for the employees time and custom admissions essays co uk, services (Gardner Palmer 1997, p.213). These are known as the economic dimensions of the employment relationship. Over time employees have developed characteristics and essay, desire to want more i.e.: a certain wage for their qualification, holiday/sick leave and job security.
However this will definitely lead to conflict within an papers on death, employment relationship, because whilst the employer is trying to maximise labour productivity, the employees may intend to obtain higher wages or a promotion (Dufty Fells 1989, p.4). We can write a custom essay on essay Employment for you! The legal dimension is in some ways, a means of controlling the employment relationship, so that employees and on run by ann, employers cannot take advantage of each other’s powers. Courts are fair but time consuming, therefore not very beneficial for either the pleasantville essay, employer or employee. On the foundation thinking, other hand, if it is required to go to court it is absolutely necessary, because it is based on the rights of an pleasantville conclusion, individual. Looking at the social dimension, it shows that there can be both a positive side and a negative side to it.
Entering a workplace people often start as an individual, with their own opinions and characteristics. Essay! In the latter stage of employment individuals will tend to group and have group opinions (Dufty Fells 1989, p.12). As a positive view, a group of employees can support each other to work more productively and efficiently. Nevertheless, groups may band together and lead to pleasantville essay, overt conflict eg: strikes, sabotage and working without enthusiasm (Stephenson Brotherton 1979, p.145). The primary role of the trade union is to aid fellow members in their organization and to improve working conditions in their environment. The power of an employer in a business is far more greater then an essays by ann, employee, this is why workers acting collectively will enhance their power in bargaining. Once this has been established, employees in pleasantville essay an organization will feel more secure and less vulnerable to employers’ powers and essay on literacy narrative, possible discrimination (Deery Plowman 1991, p.261). Conversely, for the trade union to assist an conclusion, employee the employee must first become a member of the robinson crusoe essay, trade union, if they are not a member then there will be a difference in wages and leave (Refer Appendix III). Trade unions not only act on behalf of essay conclusion, its members but also provide services for member i.e. credit unions, education assistance and recreational clubs (Deery Plowman 1991, p.262).
There are several aims and objectives that trade unions strive to achieve, all correlating to protect and oppapers.com papers and essays for all, help the interest of members. The improved economic conditions of members, relates to the increase in wages and pleasantville, salaries, this can also be achieved by shorter working hours (Alexander Lewer 1998, p.77). rking conditions are associated with the environment the workers are subject to. Oppapers.com And Essays! The working environment should be safe for employees and essay conclusion, proper amenities should be provided. When work breaks are to be taken and how long they should be taken for are also part of the healthy working conditions the robinson essay thesis, trade unions attempt to improve. Conclusion! Arbitrary and discriminatory discharge is a major problem in foundation for critical thinking the industry, and the trade union is there to protect members and insure their security in an organization.
Technological development in a company may bring about redundancies and transfers in an organization, this is conclusion, where the trade union will act on behalf of the member to solve this conflict (Deery 1991; Alexander 1998). Conflict rises from admissions essays, all these points, because the employer will have their own view of the situation and what the employee requires and how much they are meant to earn. And on pleasantville essay the other hand the crusoe essay, members/employees will also have their own personal view of what they deserve and how much they deserve. Remember , Remember, free essays, sample essays and conclusion, essay examples on Employment topics are traced by plagiarism detection systems. All samples online are plagiarized. Don#8217;t download them and papers, submit them as your own paper for school, college or university. Why not to get a 100% original custom essay at PapersMart.net? Would you like to get a free quote? If you need a custom essay on Employment feel free to contact our online essay writing company. Our professional academic writers who hold Master#8217;s and PhD degree will write a 100% non-plagiarized essay, term paper, research paper or dissertation for pleasantville conclusion, you. Our custom essay service produces high-quality custom essays on any topics and disciplines.
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Unpleasantville (Pleasantville Essay) …
How Did Economists Get It So Wrong? I. MISTAKING BEAUTY FOR TRUTH. It’s hard to pleasantville essay believe now, but not long ago economists were congratulating themselves over patchett, the success of their field. Those successes — or so they believed — were both theoretical and practical, leading to a golden era for the profession. Pleasantville Essay. On the theoretical side, they thought that they had resolved their internal disputes. Thus, in press 2008 a 2008 paper titled “The State of Macro” (that is, macroeconomics, the essay conclusion study of big-picture issues like recessions), Olivier Blanchard of oppapers.com papers, M.I.T., now the chief economist at pleasantville conclusion the International Monetary Fund, declared that “the state of macro is custom admissions, good.” The battles of yesteryear, he said, were over, and there had been a “broad convergence of vision.” And in the real world, economists believed they had things under control: the “central problem of depression-prevention has been solved,” declared Robert Lucas of the University of conclusion, Chicago in his 2003 presidential address to the American Economic Association. In 2004, Ben Bernanke, a former Princeton professor who is thinking press, now the chairman of the Federal Reserve Board, celebrated the Great Moderation in economic performance over the previous two decades, which he attributed in essay conclusion part to oppapers.com research papers and essays improved economic policy making. Last year, everything came apart. Few economists saw our current crisis coming, but this predictive failure was the least of the field’s problems. Essay Conclusion. More important was the profession’s blindness to the very possibility of catastrophic failures in essay on literacy a market economy.
During the golden years, financial economists came to believe that markets were inherently stable — indeed, that stocks and other assets were always priced just right. There was nothing in the prevailing models suggesting the possibility of the kind of collapse that happened last year. Meanwhile, macroeconomists were divided in their views. But the main division was between those who insisted that free-market economies never go astray and those who believed that economies may stray now and then but that any major deviations from the essay conclusion path of prosperity could and would be corrected by the all-powerful Fed. Neither side was prepared to cope with an essay papers penalty economy that went off the rails despite the Fed’s best efforts. And in the wake of the crisis, the fault lines in the economics profession have yawned wider than ever.
Lucas says the Obama administration’s stimulus plans are “schlock economics,” and his Chicago colleague John Cochrane says they’re based on discredited “fairy tales.” In response, Brad DeLong of the University of California, Berkeley, writes of the “intellectual collapse” of the Chicago School, and essay conclusion, I myself have written that comments from 2008, Chicago economists are the pleasantville essay product of a Dark Age of macroeconomics in which hard-won knowledge has been forgotten. What happened to the economics profession? And where does it go from essay papers penalty, here? As I see it, the economics profession went astray because economists, as a group, mistook beauty, clad in impressive-looking mathematics, for essay conclusion, truth. Essay Papers On Death Penalty. Until the Great Depression, most economists clung to a vision of capitalism as a perfect or nearly perfect system. That vision wasn’t sustainable in pleasantville the face of robinson thesis, mass unemployment, but as memories of the Depression faded, economists fell back in love with the old, idealized vision of an economy in which rational individuals interact in pleasantville perfect markets, this time gussied up with fancy equations. The renewed romance with the idealized market was, to be sure, partly a response to crusoe shifting political winds, partly a response to essay conclusion financial incentives. But while sabbaticals at the Hoover Institution and oppapers.com and essays, job opportunities on Wall Street are nothing to pleasantville sneeze at, the central cause of the profession’s failure was the robinson essay thesis desire for an all-encompassing, intellectually elegant approach that also gave economists a chance to essay conclusion show off their mathematical prowess. Unfortunately, this romanticized and sanitized vision of the economy led most economists to ignore all the things that can go wrong.
They turned a blind eye to the limitations of human rationality that often lead to bubbles and essay, busts; to essay conclusion the problems of institutions that run amok; to the imperfections of markets — especially financial markets — that can cause the economy’s operating system to undergo sudden, unpredictable crashes; and to foundation thinking 2008 the dangers created when regulators don’t believe in regulation. It’s much harder to say where the economics profession goes from here. But what’s almost certain is that economists will have to learn to live with messiness. Pleasantville Conclusion. That is, they will have to essay acknowledge the importance of irrational and often unpredictable behavior, face up to the often idiosyncratic imperfections of markets and pleasantville essay conclusion, accept that an elegant economic “theory of everything” is a long way off. In practical terms, this will translate into more cautious policy advice — and a reduced willingness to dismantle economic safeguards in the faith that markets will solve all problems. II. FROM SMITH TO KEYNES AND BACK. The birth of economics as a discipline is on run by ann, usually credited to Adam Smith, who published “The Wealth of Nations” in 1776. Essay Conclusion. Over the next 160 years an extensive body of crusoe thesis, economic theory was developed, whose central message was: Trust the pleasantville essay conclusion market.
Yes, economists admitted that there were cases in which markets might fail, of which the most important was the case of “externalities” — costs that people impose on others without paying the essay papers penalty price, like traffic congestion or pollution. But the pleasantville essay conclusion basic presumption of “neoclassical” economics (named after the essays on run patchett late-19th-century theorists who elaborated on the concepts of their “classical” predecessors) was that we should have faith in the market system. This faith was, however, shattered by the Great Depression. Actually, even in the face of total collapse some economists insisted that whatever happens in a market economy must be right: “Depressions are not simply evils,” declared Joseph Schumpeter in 1934 — 1934! They are, he added, “forms of something which has to be done.” But many, and eventually most, economists turned to the insights of John Maynard Keynes for both an essay conclusion explanation of what had happened and a solution to future depressions. Keynes did not, despite what you may have heard, want the government to run the economy. Essay On Death. He described his analysis in his 1936 masterwork, “The General Theory of Employment, Interest and Money,” as “moderately conservative in its implications.” He wanted to fix capitalism, not replace it. But he did challenge the notion that free-market economies can function without a minder, expressing particular contempt for financial markets, which he viewed as being dominated by short-term speculation with little regard for fundamentals.
And he called for active government intervention — printing more money and, if necessary, spending heavily on public works — to fight unemployment during slumps. It’s important to understand that Keynes did much more than make bold assertions. “The General Theory” is a work of profound, deep analysis — analysis that persuaded the best young economists of the day. Yet the story of economics over pleasantville conclusion, the past half century is, to oppapers.com research papers and essays for all a large degree, the story of a retreat from Keynesianism and a return to pleasantville conclusion neoclassicism. The neoclassical revival was initially led by for critical 2008, Milton Friedman of the University of essay conclusion, Chicago, who asserted as early as 1953 that neoclassical economics works well enough as a description of the way the economy actually functions to be “both extremely fruitful and deserving of essay narrative, much confidence.” But what about depressions? Friedman’s counterattack against Keynes began with the pleasantville essay doctrine known as monetarism. Crusoe Thesis. Monetarists didn’t disagree in principle with the idea that a market economy needs deliberate stabilization. “We are all Keynesians now,” Friedman once said, although he later claimed he was quoted out of context. Monetarists asserted, however, that a very limited, circumscribed form of government intervention — namely, instructing central banks to conclusion keep the nation’s money supply, the sum of cash in circulation and bank deposits, growing on a steady path — is all that’s required to prevent depressions.
Famously, Friedman and his collaborator, Anna Schwartz, argued that if the Federal Reserve had done its job properly, the Great Depression would not have happened. Later, Friedman made a compelling case against robinson essay thesis, any deliberate effort by government to push unemployment below its “natural” level (currently thought to be about 4.8 percent in the United States): excessively expansionary policies, he predicted, would lead to pleasantville conclusion a combination of inflation and high unemployment — a prediction that was borne out by the stagflation of the 1970s, which greatly advanced the on literacy narrative credibility of the anti-Keynesian movement. Eventually, however, the pleasantville conclusion anti-Keynesian counterrevolution went far beyond Friedman’s position, which came to for critical seem relatively moderate compared with what his successors were saying. Among financial economists, Keynes’s disparaging vision of financial markets as a “casino” was replaced by “efficient market” theory, which asserted that financial markets always get asset prices right given the available information. Meanwhile, many macroeconomists completely rejected Keynes’s framework for understanding economic slumps. Some returned to the view of Schumpeter and other apologists for the Great Depression, viewing recessions as a good thing, part of the economy’s adjustment to conclusion change.
And even those not willing to go that far argued that any attempt to fight an economic slump would do more harm than good. Not all macroeconomists were willing to go down this road: many became self-described New Keynesians, who continued to narrative believe in an active role for the government. Pleasantville Essay. Yet even they mostly accepted the essays by ann patchett notion that investors and consumers are rational and that markets generally get it right. Of course, there were exceptions to these trends: a few economists challenged the conclusion assumption of penalty, rational behavior, questioned the belief that financial markets can be trusted and pointed to the long history of pleasantville, financial crises that had devastating economic consequences. But they were swimming against the tide, unable to make much headway against a pervasive and, in crusoe essay retrospect, foolish complacency. In the essay 1930s, financial markets, for robinson crusoe essay, obvious reasons, didn’t get much respect. Pleasantville Conclusion. Keynes compared them to “those newspaper competitions in which the essay on literacy narrative competitors have to pick out the six prettiest faces from pleasantville conclusion, a hundred photographs, the prize being awarded to the competitor whose choice most nearly corresponds to the average preferences of the research for all competitors as a whole; so that each competitor has to pick, not those faces which he himself finds prettiest, but those that he thinks likeliest to pleasantville essay catch the fancy of the other competitors.” And Keynes considered it a very bad idea to let such markets, in which speculators spent their time chasing one another’s tails, dictate important business decisions: “When the capital development of a country becomes a by-product of the activities of foundation for critical thinking 2008, a casino, the job is likely to be ill-done.” By 1970 or so, however, the pleasantville conclusion study of financial markets seemed to have been taken over by oppapers.com papers, Voltaire’s Dr.
Pangloss, who insisted that we live in the best of all possible worlds. Discussion of investor irrationality, of bubbles, of essay, destructive speculation had virtually disappeared from academic discourse. For Critical 2008. The field was dominated by conclusion, the “efficient-market hypothesis,” promulgated by Eugene Fama of the University of Chicago, which claims that financial markets price assets precisely at their intrinsic worth given all publicly available information. For Critical Press 2008. (The price of a company’s stock, for example, always accurately reflects the company’s value given the information available on the company’s earnings, its business prospects and so on.) And by the 1980s, finance economists, notably Michael Jensen of the Harvard Business School, were arguing that because financial markets always get prices right, the best thing corporate chieftains can do, not just for themselves but for pleasantville essay, the sake of the economy, is to maximize their stock prices. Foundation Thinking 2008. In other words, finance economists believed that we should put the pleasantville essay conclusion capital development of the nation in the hands of what Keynes had called a “casino.” It’s hard to argue that this transformation in the profession was driven by events. True, the memory of 1929 was gradually receding, but there continued to narrative be bull markets, with widespread tales of speculative excess, followed by bear markets. In 1973-4, for example, stocks lost 48 percent of their value.
And the essay 1987 stock crash, in which the Dow plunged nearly 23 percent in a day for no clear reason, should have raised at least a few doubts about 2008, market rationality. These events, however, which Keynes would have considered evidence of the pleasantville unreliability of markets, did little to blunt the force of a beautiful idea. The theoretical model that finance economists developed by papers on death, assuming that every investor rationally balances risk against reward — the so-called Capital Asset Pricing Model, or CAPM (pronounced cap-em) — is wonderfully elegant. Conclusion. And if you accept its premises it’s also extremely useful. CAPM not only for critical thinking press 2008, tells you how to choose your portfolio — even more important from the financial industry’s point of view, it tells you how to put a price on financial derivatives, claims on claims. Essay. The elegance and robinson crusoe essay thesis, apparent usefulness of the essay new theory led to a string of foundation press, Nobel prizes for its creators, and many of the theory’s adepts also received more mundane rewards: Armed with their new models and formidable math skills — the more arcane uses of CAPM require physicist-level computations — mild-mannered business-school professors could and did become Wall Street rocket scientists, earning Wall Street paychecks. To be fair, finance theorists didn’t accept the efficient-market hypothesis merely because it was elegant, convenient and lucrative. They also produced a great deal of statistical evidence, which at first seemed strongly supportive. But this evidence was of an oddly limited form. Finance economists rarely asked the essay conclusion seemingly obvious (though not easily answered) question of whether asset prices made sense given real-world fundamentals like earnings.
Instead, they asked only whether asset prices made sense given other asset prices. Narrative. Larry Summers, now the top economic adviser in the Obama administration, once mocked finance professors with a parable about “ketchup economists” who “have shown that two-quart bottles of pleasantville, ketchup invariably sell for exactly twice as much as one-quart bottles of robinson thesis, ketchup,” and conclude from this that the pleasantville conclusion ketchup market is perfectly efficient. But neither this mockery nor more polite critiques from economists like Robert Shiller of Yale had much effect. Finance theorists continued to believe that their models were essentially right, and so did many people making real-world decisions. Not least among these was Alan Greenspan, who was then the Fed chairman and foundation for critical press 2008, a long-time supporter of financial deregulation whose rejection of calls to pleasantville essay conclusion rein in custom essays customessays subprime lending or address the ever-inflating housing bubble rested in pleasantville conclusion large part on the belief that modern financial economics had everything under control. There was a telling moment in 2005, at a conference held to honor Greenspan’s tenure at thesis the Fed. One brave attendee, Raghuram Rajan (of the University of Chicago, surprisingly), presented a paper warning that the financial system was taking on potentially dangerous levels of risk. He was mocked by almost all present — including, by the way, Larry Summers, who dismissed his warnings as “misguided.” By October of last year, however, Greenspan was admitting that he was in a state of pleasantville, “shocked disbelief,” because “the whole intellectual edifice” had “collapsed.” Since this collapse of the intellectual edifice was also a collapse of papers and essays for all, real-world markets, the result was a severe recession — the conclusion worst, by many measures, since the Great Depression. What should policy makers do?
Unfortunately, macroeconomics, which should have been providing clear guidance about how to address the on death penalty slumping economy, was in its own state of pleasantville essay, disarray. “We have involved ourselves in a colossal muddle, having blundered in the control of a delicate machine, the working of which we do not understand. The result is that our possibilities of wealth may run to waste for a time — perhaps for a long time.” So wrote John Maynard Keynes in research papers and essays an essay titled “The Great Slump of 1930,” in which he tried to explain the catastrophe then overtaking the world. And the world’s possibilities of wealth did indeed run to waste for a long time; it took World War II to essay bring the Great Depression to crusoe essay a definitive end. Why was Keynes’s diagnosis of the Great Depression as a “colossal muddle” so compelling at essay first? And why did economics, circa 1975, divide into opposing camps over crusoe, the value of pleasantville essay, Keynes’s views? I like to explain the essence of Keynesian economics with a true story that also serves as a parable, a small-scale version of the messes that can afflict entire economies. Oppapers.com Papers And Essays For All. Consider the travails of the Capitol Hill Baby-Sitting Co-op. This co-op, whose problems were recounted in a 1977 article in The Journal of Money, Credit and Banking, was an association of about 150 young couples who agreed to essay help one another by baby-sitting for one another’s children when parents wanted a night out.
To ensure that every couple did its fair share of baby-sitting, the co-op introduced a form of scrip: coupons made out of heavy pieces of research and essays for all, paper, each entitling the bearer to one half-hour of sitting time. Initially, members received 20 coupons on joining and were required to return the same amount on departing the group. Unfortunately, it turned out that the pleasantville essay conclusion co-op’s members, on average, wanted to hold a reserve of more than 20 coupons, perhaps, in custom admissions essays case they should want to go out pleasantville conclusion, several times in a row. Crusoe Essay Thesis. As a result, relatively few people wanted to spend their scrip and go out, while many wanted to baby-sit so they could add to their hoard. But since baby-sitting opportunities arise only when someone goes out for the night, this meant that baby-sitting jobs were hard to find, which made members of the co-op even more reluctant to go out, making baby-sitting jobs even scarcer. . . . In short, the co-op fell into a recession. O.K., what do you think of conclusion, this story? Don’t dismiss it as silly and trivial: economists have used small-scale examples to shed light on big questions ever since Adam Smith saw the roots of on death, economic progress in a pin factory, and they’re right to do so. The question is conclusion, whether this particular example, in which a recession is a problem of inadequate demand — there isn’t enough demand for admissions, baby-sitting to provide jobs for everyone who wants one — gets at the essence of what happens in a recession. Forty years ago most economists would have agreed with this interpretation. But since then macroeconomics has divided into two great factions: “saltwater” economists (mainly in coastal U.S. universities), who have a more or less Keynesian vision of what recessions are all about; and “freshwater” economists (mainly at inland schools), who consider that vision nonsense. Freshwater economists are, essentially, neoclassical purists.
They believe that all worthwhile economic analysis starts from the premise that people are rational and markets work, a premise violated by the story of the baby-sitting co-op. As they see it, a general lack of sufficient demand isn’t possible, because prices always move to essay match supply with demand. If people want more baby-sitting coupons, the value of those coupons will rise, so that they’re worth, say, 40 minutes of baby-sitting rather than half an hour — or, equivalently, the cost of an on literacy narrative hours’ baby-sitting would fall from 2 coupons to 1.5. And that would solve the problem: the purchasing power of the coupons in circulation would have risen, so that people would feel no need to essay conclusion hoard more, and narrative, there would be no recession. But don’t recessions look like periods in which there just isn’t enough demand to employ everyone willing to work? Appearances can be deceiving, say the freshwater theorists. Essay. Sound economics, in their view, says that overall failures of demand can’t happen — and that means that they don’t.
Keynesian economics has been “proved false,” Cochrane, of the University of Chicago, says. Yet recessions do happen. Why? In the 1970s the leading freshwater macroeconomist, the Nobel laureate Robert Lucas, argued that recessions were caused by essay, temporary confusion: workers and companies had trouble distinguishing overall changes in the level of prices because of inflation or deflation from changes in their own particular business situation. And Lucas warned that any attempt to fight the business cycle would be counterproductive: activist policies, he argued, would just add to essay the confusion. By the 1980s, however, even this severely limited acceptance of the idea that recessions are bad things had been rejected by many freshwater economists. On Run By Ann. Instead, the new leaders of the movement, especially Edward Prescott, who was then at the University of Minnesota (you can see where the freshwater moniker comes from), argued that price fluctuations and changes in demand actually had nothing to do with the business cycle. Rather, the business cycle reflects fluctuations in the rate of technological progress, which are amplified by the rational response of workers, who voluntarily work more when the environment is favorable and essay, less when it’s unfavorable. Unemployment is a deliberate decision by workers to take time off. Put baldly like that, this theory sounds foolish — was the Great Depression really the Great Vacation?
And to be honest, I think it really is silly. Foundation For Critical. But the basic premise of Prescott’s “real business cycle” theory was embedded in ingeniously constructed mathematical models, which were mapped onto essay conclusion, real data using sophisticated statistical techniques, and essay on death, the theory came to dominate the pleasantville essay teaching of macroeconomics in many university departments. In 2004, reflecting the theory’s influence, Prescott shared a Nobel with Finn Kydland of Carnegie Mellon University. Meanwhile, saltwater economists balked. Where the freshwater economists were purists, saltwater economists were pragmatists. While economists like N. Admissions Essays Customessays Co Uk. Gregory Mankiw at Harvard, Olivier Blanchard at M.I.T. and David Romer at the University of California, Berkeley, acknowledged that it was hard to reconcile a Keynesian demand-side view of recessions with neoclassical theory, they found the evidence that recessions are, in fact, demand-driven too compelling to reject.
So they were willing to deviate from the assumption of perfect markets or perfect rationality, or both, adding enough imperfections to accommodate a more or less Keynesian view of recessions. And in the saltwater view, active policy to fight recessions remained desirable. But the self-described New Keynesian economists weren’t immune to pleasantville essay conclusion the charms of rational individuals and perfect markets. They tried to keep their deviations from neoclassical orthodoxy as limited as possible. This meant that there was no room in essay narrative the prevailing models for such things as bubbles and pleasantville essay conclusion, banking-system collapse. Essay Narrative. The fact that such things continued to happen in the real world — there was a terrible financial and macroeconomic crisis in much of pleasantville, Asia in 1997-8 and a depression-level slump in Argentina in 2002 — wasn’t reflected in the mainstream of New Keynesian thinking. Even so, you might have thought that the differing worldviews of freshwater and saltwater economists would have put them constantly at loggerheads over admissions essays co uk, economic policy. Somewhat surprisingly, however, between around 1985 and 2007 the disputes between freshwater and saltwater economists were mainly about theory, not action.
The reason, I believe, is that New Keynesians, unlike the original Keynesians, didn’t think fiscal policy — changes in government spending or taxes — was needed to fight recessions. They believed that monetary policy, administered by essay conclusion, the technocrats at the Fed, could provide whatever remedies the foundation for critical press 2008 economy needed. At a 90th birthday celebration for Milton Friedman, Ben Bernanke, formerly a more or less New Keynesian professor at Princeton, and by then a member of the Fed’s governing board, declared of the Great Depression: “You’re right. Pleasantville Conclusion. We did it. We’re very sorry. But thanks to you, it won’t happen again.” The clear message was that all you need to patchett avoid depressions is essay conclusion, a smarter Fed. And as long as macroeconomic policy was left in the hands of the maestro Greenspan, without Keynesian-type stimulus programs, freshwater economists found little to complain about. (They didn’t believe that monetary policy did any good, but they didn’t believe it did any harm, either.) An error has occurred. Please try again later. You are already subscribed to this email.
It would take a crisis to reveal both how little common ground there was and narrative, how Panglossian even New Keynesian economics had become. In recent, rueful economics discussions, an essay all-purpose punch line has become “nobody could have predicted. . . Foundation Thinking Press 2008. .” It’s what you say with regard to disasters that could have been predicted, should have been predicted and actually were predicted by a few economists who were scoffed at for their pains. Take, for example, the precipitous rise and essay, fall of housing prices. Foundation For Critical Thinking Press. Some economists, notably Robert Shiller, did identify the bubble and warn of painful consequences if it were to burst. Yet key policy makers failed to see the obvious. Essay Conclusion. In 2004, Alan Greenspan dismissed talk of a housing bubble: “a national severe price distortion,” he declared, was “most unlikely.” Home-price increases, Ben Bernanke said in 2005, “largely reflect strong economic fundamentals.” How did they miss the bubble? To be fair, interest rates were unusually low, possibly explaining part of the price rise. Foundation Thinking Press. It may be that Greenspan and Bernanke also wanted to pleasantville conclusion celebrate the Fed’s success in pulling the economy out of the narrative 2001 recession; conceding that much of that success rested on the creation of a monstrous bubble would have placed a damper on the festivities. But there was something else going on: a general belief that bubbles just don’t happen. What’s striking, when you reread Greenspan’s assurances, is pleasantville conclusion, that they weren’t based on evidence — they were based on custom admissions co uk the a priori assertion that there simply can’t be a bubble in housing.
And the finance theorists were even more adamant on this point. In a 2007 interview, Eugene Fama, the father of the efficient-market hypothesis, declared that “the word ‘bubble’ drives me nuts,” and went on to explain why we can trust the housing market: “Housing markets are less liquid, but people are very careful when they buy houses. It’s typically the biggest investment they’re going to make, so they look around very carefully and they compare prices. The bidding process is very detailed.” Indeed, home buyers generally do carefully compare prices — that is, they compare the price of essay conclusion, their potential purchase with the prices of thesis, other houses. But this says nothing about whether the overall price of houses is justified. Pleasantville Conclusion. It’s ketchup economics, again: because a two-quart bottle of ketchup costs twice as much as a one-quart bottle, finance theorists declare that the price of ketchup must be right. In short, the belief in efficient financial markets blinded many if not most economists to the emergence of the biggest financial bubble in history.
And efficient-market theory also played a significant role in inflating that bubble in the first place. Now that the custom essays customessays undiagnosed bubble has burst, the pleasantville conclusion true riskiness of on death penalty, supposedly safe assets has been revealed and pleasantville essay conclusion, the financial system has demonstrated its fragility. U.S. households have seen $13 trillion in wealth evaporate. More than six million jobs have been lost, and by ann patchett, the unemployment rate appears headed for its highest level since 1940. So what guidance does modern economics have to pleasantville essay conclusion offer in our current predicament? And should we trust it? Between 1985 and 2007 a false peace settled over the field of macroeconomics. There hadn’t been any real convergence of research and essays, views between the saltwater and freshwater factions. But these were the years of the Great Moderation — an extended period during which inflation was subdued and pleasantville essay, recessions were relatively mild.
Saltwater economists believed that the Federal Reserve had everything under control. Freshwater economists didn’t think the Fed’s actions were actually beneficial, but they were willing to let matters lie. But the crisis ended the robinson essay phony peace. Essay. Suddenly the narrow, technocratic policies both sides were willing to accept were no longer sufficient — and the need for a broader policy response brought the old conflicts out into the open, fiercer than ever. Why weren’t those narrow, technocratic policies sufficient? The answer, in a word, is zero. During a normal recession, the Fed responds by buying Treasury bills — short-term government debt — from banks. This drives interest rates on government debt down; investors seeking a higher rate of return move into other assets, driving other interest rates down as well; and essay on death penalty, normally these lower interest rates eventually lead to an economic bounceback.
The Fed dealt with the recession that began in 1990 by driving short-term interest rates from 9 percent down to pleasantville 3 percent. It dealt with the for critical thinking press recession that began in 2001 by driving rates from 6.5 percent to 1 percent. And it tried to pleasantville deal with the current recession by crusoe essay thesis, driving rates down from 5.25 percent to zero. But zero, it turned out, isn’t low enough to pleasantville end this recession. And the Fed can’t push rates below zero, since at near-zero rates investors simply hoard cash rather than lending it out. So by late 2008, with interest rates basically at what macroeconomists call the “zero lower bound” even as the recession continued to essays customessays co uk deepen, conventional monetary policy had lost all traction. Now what? This is the pleasantville essay conclusion second time America has been up against the zero lower bound, the previous occasion being the crusoe thesis Great Depression. And it was precisely the observation that there’s a lower bound to interest rates that led Keynes to advocate higher government spending: when monetary policy is ineffective and the private sector can’t be persuaded to spend more, the public sector must take its place in supporting the economy. Fiscal stimulus is the Keynesian answer to the kind of depression-type economic situation we’re currently in.
Such Keynesian thinking underlies the Obama administration’s economic policies — and the freshwater economists are furious. For 25 or so years they tolerated the Fed’s efforts to manage the pleasantville essay economy, but a full-blown Keynesian resurgence was something entirely different. Back in essays patchett 1980, Lucas, of the conclusion University of essay papers, Chicago, wrote that Keynesian economics was so ludicrous that “at research seminars, people don’t take Keynesian theorizing seriously anymore; the audience starts to whisper and giggle to one another.” Admitting that Keynes was largely right, after all, would be too humiliating a comedown. And so Chicago’s Cochrane, outraged at pleasantville the idea that government spending could mitigate the latest recession, declared: “It’s not part of what anybody has taught graduate students since the 1960s. They [Keynesian ideas] are fairy tales that have been proved false.
It is very comforting in times of stress to research and essays for all go back to the fairy tales we heard as children, but it doesn’t make them less false.” (It’s a mark of how deep the division between saltwater and freshwater runs that Cochrane doesn’t believe that “anybody” teaches ideas that are, in fact, taught in pleasantville places like Princeton, M.I.T. and Harvard.) Meanwhile, saltwater economists, who had comforted themselves with the belief that the great divide in custom essays customessays macroeconomics was narrowing, were shocked to realize that freshwater economists hadn’t been listening at all. Freshwater economists who inveighed against the stimulus didn’t sound like scholars who had weighed Keynesian arguments and essay, found them wanting. Rather, they sounded like people who had no idea what Keynesian economics was about, who were resurrecting pre-1930 fallacies in the belief that they were saying something new and profound. And it wasn’t just Keynes whose ideas seemed to have been forgotten. As Brad DeLong of the University of California, Berkeley, has pointed out in his laments about the Chicago school’s “intellectual collapse,” the school’s current stance amounts to a wholesale rejection of Milton Friedman’s ideas, as well. Friedman believed that Fed policy rather than changes in government spending should be used to stabilize the economy, but he never asserted that an increase in government spending cannot, under any circumstances, increase employment. In fact, rereading Friedman’s 1970 summary of oppapers.com research papers and essays, his ideas, “A Theoretical Framework for Monetary Analysis,” what’s striking is how Keynesian it seems.
And Friedman certainly never bought into the idea that mass unemployment represents a voluntary reduction in work effort or the pleasantville essay idea that recessions are actually good for essay on death penalty, the economy. Yet the current generation of freshwater economists has been making both arguments. Thus Chicago’s Casey Mulligan suggests that unemployment is so high because many workers are choosing not to take jobs: “Employees face financial incentives that encourage them not to work . . Pleasantville Essay Conclusion. . decreased employment is explained more by reductions in essay on literacy the supply of labor (the willingness of people to work) and less by the demand for labor (the number of workers that employers need to hire).” Mulligan has suggested, in particular, that workers are choosing to remain unemployed because that improves their odds of receiving mortgage relief. And Cochrane declares that high unemployment is conclusion, actually good: “We should have a recession. Essay On Death. People who spend their lives pounding nails in conclusion Nevada need something else to do.” Personally, I think this is crazy.
Why should it take mass unemployment across the whole nation to foundation for critical get carpenters to move out of Nevada? Can anyone seriously claim that we’ve lost 6.7 million jobs because fewer Americans want to work? But it was inevitable that freshwater economists would find themselves trapped in pleasantville conclusion this cul-de-sac: if you start from the foundation thinking press 2008 assumption that people are perfectly rational and markets are perfectly efficient, you have to conclude that unemployment is voluntary and recessions are desirable. Yet if the pleasantville conclusion crisis has pushed freshwater economists into for critical press absurdity, it has also created a lot of soul-searching among saltwater economists. Their framework, unlike that of the Chicago School, both allows for essay, the possibility of involuntary unemployment and considers it a bad thing. Foundation Thinking Press 2008. But the New Keynesian models that have come to pleasantville conclusion dominate teaching and research assume that people are perfectly rational and financial markets are perfectly efficient.
To get anything like the current slump into their models, New Keynesians are forced to custom customessays introduce some kind of pleasantville essay conclusion, fudge factor that for reasons unspecified temporarily depresses private spending. (I’ve done exactly that in some of my own work.) And if the narrative analysis of where we are now rests on this fudge factor, how much confidence can we have in essay conclusion the models’ predictions about where we are going? The state of macro, in short, is not good. So where does the profession go from here? Economics, as a field, got in trouble because economists were seduced by the vision of a perfect, frictionless market system. On Literacy Narrative. If the profession is to redeem itself, it will have to reconcile itself to a less alluring vision — that of essay, a market economy that has many virtues but that is also shot through with flaws and frictions. The good news is that we don’t have to start from scratch. Even during the heyday of perfect-market economics, there was a lot of work done on the ways in which the real economy deviated from the theoretical ideal.
What’s probably going to happen now — in fact, it’s already happening — is that flaws-and-frictions economics will move from the periphery of economic analysis to robinson essay thesis its center. There’s already a fairly well developed example of the kind of pleasantville, economics I have in mind: the essay school of pleasantville essay, thought known as behavioral finance. Practitioners of this approach emphasize two things. On Death. First, many real-world investors bear little resemblance to the cool calculators of efficient-market theory: they’re all too subject to herd behavior, to bouts of irrational exuberance and unwarranted panic. Second, even those who try to pleasantville base their decisions on papers on death cool calculation often find that they can’t, that problems of trust, credibility and conclusion, limited collateral force them to run with the herd. On the admissions essays customessays co uk first point: even during the heyday of the efficient-market hypothesis, it seemed obvious that many real-world investors aren’t as rational as the prevailing models assumed. Larry Summers once began a paper on finance by declaring: “THERE ARE IDIOTS. Look around.” But what kind of idiots (the preferred term in the academic literature, actually, is “noise traders”) are we talking about? Behavioral finance, drawing on the broader movement known as behavioral economics, tries to answer that question by relating the apparent irrationality of investors to known biases in human cognition, like the tendency to care more about small losses than small gains or the pleasantville tendency to extrapolate too readily from small samples (e.g., assuming that because home prices rose in the past few years, they’ll keep on foundation for critical thinking press 2008 rising). Until the crisis, efficient-market advocates like Eugene Fama dismissed the evidence produced on pleasantville behalf of behavioral finance as a collection of “curiosity items” of no real importance. That’s a much harder position to maintain now that the collapse of a vast bubble — a bubble correctly diagnosed by behavioral economists like Robert Shiller of Yale, who related it to past episodes of “irrational exuberance” — has brought the essays on run patchett world economy to its knees.
On the second point: suppose that there are, indeed, idiots. How much do they matter? Not much, argued Milton Friedman in an influential 1953 paper: smart investors will make money by buying when the idiots sell and selling when they buy and will stabilize markets in the process. But the second strand of behavioral finance says that Friedman was wrong, that financial markets are sometimes highly unstable, and right now that view seems hard to reject. Probably the pleasantville essay most influential paper in this vein was a 1997 publication by Andrei Shleifer of Harvard and Robert Vishny of Chicago, which amounted to a formalization of the old line that “the market can stay irrational longer than you can stay solvent.” As they pointed out, arbitrageurs — the people who are supposed to buy low and sell high — need capital to do their jobs. And a severe plunge in asset prices, even if it makes no sense in terms of fundamentals, tends to deplete that capital. Narrative. As a result, the pleasantville essay smart money is forced out of the market, and prices may go into a downward spiral. The spread of the current financial crisis seemed almost like an object lesson in the perils of financial instability.
And the general ideas underlying models of financial instability have proved highly relevant to economic policy: a focus on the depleted capital of on literacy narrative, financial institutions helped guide policy actions taken after the fall of Lehman, and it looks (cross your fingers) as if these actions successfully headed off an even bigger financial collapse. Meanwhile, what about macroeconomics? Recent events have pretty decisively refuted the idea that recessions are an optimal response to fluctuations in the rate of technological progress; a more or less Keynesian view is the only plausible game in town. Pleasantville Essay. Yet standard New Keynesian models left no room for a crisis like the one we’re having, because those models generally accepted the efficient-market view of the financial sector. There were some exceptions.
One line of work, pioneered by thesis, none other than Ben Bernanke working with Mark Gertler of New York University, emphasized the way the lack of sufficient collateral can hinder the ability of businesses to raise funds and pursue investment opportunities. A related line of work, largely established by my Princeton colleague Nobuhiro Kiyotaki and John Moore of the London School of Economics, argued that prices of assets such as real estate can suffer self-reinforcing plunges that in turn depress the economy as a whole. But until now the conclusion impact of foundation thinking, dysfunctional finance hasn’t been at the core even of Keynesian economics. Clearly, that has to change. So here’s what I think economists have to do. First, they have to face up to the inconvenient reality that financial markets fall far short of perfection, that they are subject to pleasantville extraordinary delusions and robinson crusoe essay, the madness of crowds. Second, they have to admit — and this will be very hard for the people who giggled and whispered over Keynes — that Keynesian economics remains the pleasantville conclusion best framework we have for making sense of on run by ann, recessions and depressions.
Third, they’ll have to do their best to incorporate the realities of finance into macroeconomics. Many economists will find these changes deeply disturbing. It will be a long time, if ever, before the new, more realistic approaches to finance and macroeconomics offer the same kind of clarity, completeness and sheer beauty that characterizes the conclusion full neoclassical approach. To some economists that will be a reason to cling to neoclassicism, despite its utter failure to make sense of the oppapers.com papers for all greatest economic crisis in three generations. Conclusion. This seems, however, like a good time to recall the words of H. L. Mencken: “There is always an easy solution to oppapers.com research papers and essays for all every human problem — neat, plausible and wrong.” When it comes to the all-too-human problem of recessions and depressions, economists need to abandon the neat but wrong solution of assuming that everyone is rational and markets work perfectly. Conclusion. The vision that emerges as the profession rethinks its foundations may not be all that clear; it certainly won’t be neat; but we can hope that it will have the virtue of being at custom co uk least partly right. Because of an editing error, an pleasantville article on by ann patchett Page 36 this weekend about the essay failure of economists to anticipate the latest recession misquotes the economist John Maynard Keynes, who compared the financial markets of the 1930s to newspaper beauty contests in which readers tried to correctly pick all six eventual winners. Keynes noted that a competitor did not have to pick “those faces which he himself finds prettiest, but those that he thinks likeliest to catch the fancy of the other competitors.” He did not say, “nor even those that he thinks likeliest to catch the fancy of papers, other competitors.” Paul Krugman is a Times Op-Ed columnist and winner of the 2008 Nobel Memorial Prize in Economic Science. His latest book is “The Return of essay conclusion, Depression Economics and the Crisis of foundation thinking press, 2008.”
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5 surprising secrets of a killer McKinsey resume. Haven#8217;t you always wondered what a McKinsey resume looks like? Today, we have for you a post on the 5 things you should know about submitting your resume to McKinsey. After the rave reviews we received from pleasantville conclusion our McKinsey firm profile, we decided to give you even more insight on the world#8217;s top consulting firm this time letting you in on the secrets of what it takes to make it past the resume screen at McKinsey. Essays By Ann Patchett? Now, there are the standard set of rules for pleasantville, your consulting resume that apply for essay, any firm a results-oriented resume, formatting consistency, using proactive language, quantifying competitive accomplishments, providing context for key activities, etc. and you can get more on those in our Resume Cover Letter Bible. Pleasantville? These 5 tips below, however, are focused specifically on McKinsey . So for all of essay on death penalty you McKinseyite wannabes, this one#8217;s for you! June is resume month at MC, and as such, we focus all of our posts on that same topic consulting resumes.
This year we also honored resume month with our 2nd annual free resume review giveaway which filled up in pleasantville conclusion less than 9 minutes! 50 lucky MC subscribers received a free resume review , and narrative the 300+ more who didn#8217;t make the 50-person cut-off received a private discount code to use for resume editing services. Essay? We#8217;ll be sending out custom admissions co uk, another special this month, so check back often, follow us on Facebook, or subscribe to pleasantville conclusion our mailing list to stay tuned. On Literacy? Here are the 5 things you should know about submitting your resume to McKinsey. 1. Essay? A Harvard business degree isn#8217;t enough.
McKinsey hires the best of Harvard#8217;s best, so just being from custom co uk Harvard isn#8217;t good enough. We#8217;re talking about the most prestigious consulting firm in pleasantville the world here so a regular ol#8217; degree from Stanford or INSEAD isn#8217;t sufficient to get you to the interview round. Foundation Press 2008? The competition at McKinsey is pleasantville essay more than stiff it#8217;s almost impossible. Without prestigious leadership experience on your resume e.g., if your highest achievement is Student Body Treasurer or you made the Dean#8217;s list 50% of the time don#8217;t even bother applying. Your family may be gushing with pride over your accomplishments, but you won#8217;t make it past the firm#8217;s resume screen. Significant achievements that will get you considered are things like President of your Consulting Club, Founder of a company, a summer internship at a brand-name firm, inventor of a new surgical technology, or a Ph.D. in some cutting edge and radical new research. A knock-out McKinsey candidate is an influencer the next Elon Musk, Mark Zuckerberg, or Arianna Huffington with a variety of robinson interests that make you uniquely and powerfully you. You#8217;re Type A, polished, and a winner when you run, you#8217;re elected; when you compete, you win.
Does this sound like the type of pleasantville essay conclusion experience you have? If so, you#8217;ve got a good chance. If not, either start obtaining it or consider back-up options. 2. Foundation 2008? Don#8217;t use the McKinsey buzzwords, DEMONSTRATE them. McKinsey buzzwords include structure , credibility , and credentials.
Don#8217;t use these terms on your resume a McKinsey recruiter will see right through that. Pleasantville Conclusion? Anyone can say they#8217;re great at custom customessays, using structure to solve problems. You#8217;re much better off giving an example that presents the problem, briefly explains how you approached it, and what the results were. Your resume should give clear, concise examples that demonstrate each of these McKinsey qualities. Structure Weave a story that presents a problem you faced, the structured approach you took to pleasantville conclusion solving it including breaking the oppapers.com research papers, problem into its component parts, and the positive results you achieved. On the job, you will rely on best practice work (i.e., the same report, but for a different company or industry) to pleasantville essay get the job done so if you can show you#8217;ve done this before, you#8217;re golden. Credibility An internship with McKinsey is going to be the essays patchett, best credibility you can offer , however, internships or work experience at Fortune 500 firms will work in pleasantville conclusion your favor too. Other non-profit experiences can additionally give you an up, like a term with Teach for customessays, America, as long as that#8217;s not all you#8217;ve done (otherwise, the sudden interest in business might be suspect). Essay? Basically, anything you can include on your resume that shows you went through a rigorous selection process and came out on top is going to win you points with a McKinsey recruiter.
Credentials A McKinsey candidate will have graduated from a top international school with Honors, received a Rhodes or Fulbright Scholarship, won an Olympic gold medal, or wrote speeches for the President. For Critical Thinking Press 2008? Your credentials must be seriously impressive to pleasantville essay be considered McKinsey-worthy, so include the most prestigious scholarships, merit awards, and industry accolades that you can on your resume. 3. McKinsey staffs globally, so show them you#8217;re ready to go global. Under McKinsey#8217;s global staffing model, you’ll work on project engagements with 5-6 member teams pulled from locations around the world. By Ann Patchett? Even if a client doesn#8217;t demand your presence on-site, you#8217;ll need to fly to connect with your team. That means you#8217;ll be traveling 100% of the time. What does this mean for your resume? Well, an internship with Deutsche Bank in Germany paired with an conclusion, economics study abroad program in Argentina is foundation for critical press going to convey your ability to get along with multi-national teams, handle living/working in another country, and demonstrate maturity traveling/living on your own. This isn#8217;t necessarily a make or break for your application, but it will definitely have a positive influence on the review team.
I started my first consulting firm while I was living in South Africa, and it was focused on pleasantville Corporate Social Responsibility. I worked with international governments, local South African bureaucrats, and multinational company#8217;s business leaders to implement and measure the impact of business-focused programs. Yes, I had top grades from essays a great school and had won awards while there#8230;but it was my international experience on top of all that that put me on McKinsey#8217;s radar as an experienced hire. A resume that includes language skills and international experience e.g., study/work abroad, international competitions, globetrotting, etc. will get you that much closer to a McKinsey interview slot as long as there is a consistent theme of excellence. 4. A well-structured, black-and-white 1-page resume is conclusion what McKinsey recruiters are looking for. Don#8217;t get creative on your resume. Essay Papers On Death? Stick with a very basic, black-and-white presentation that tells your story with context and impact. Rely on your pedigree, internships, and relevant work experience to provide the impact you want not on too-frequently bolded fonts, excessive titles in italics , or confusing formatting choices. You#8217;re going to be representing a highly-established firm with Fortune 500 C-level executives, the majority of pleasantville essay whom are older and essay narrative probably more conservative than you.
Everything from your attire to your resume must reflect that you know and appreciate what that means. McKinsey wants you to pleasantville conclusion be highly intelligent, yet predictable. Creativity on your resume is crusoe essay appreciated, but only in terms of what you#8217;re presenting your experience, etc. not in how you present it. One key exception McKinsey does accept longer resumes/CVs outside the U.S. The absolute maximum, however, is 2 pages, and you should have at least 5 years of professional work experience if you#8217;re going to justify having a longer presentation of your education and pleasantville essay conclusion experience. Research For All? Most that we see in pleasantville conclusion the 3-5 page range are stocked with 50% nonsense and fluff, so we bring out the axe and pare it down to essentials. McKinsey has a subject matter expert track and by ann a generalist track , and versus its Bain and BCG counterparts moves consultants into specific practices early on, such as logistics or HR. Because McKinsey hires candidates into specific areas of expertise, the conclusion, firm is essay more open to considering applications from candidates who#8217;ve chosen not to go the pleasantville essay, typical MBA route. In fact, more than 50% of McKinsey consultants don#8217;t have a graduate degree in business. If your education and/or work experience is #8220;outside the foundation thinking press 2008, norm,#8221; don#8217;t be afraid to highlight that on your resume.
Here#8217;s another tip if you do have a specialization outside of business, research McKinsey#8217;s Insight weekend a swanky, 2 day informational conference for hot target prospective consultants, held at essay, a Ritz Carlton near you. Having been accepted to one of these events is almost as strong as having a McKinsey internship on your resume . Essay On Literacy Narrative? It shows you#8217;ve already been vetted, moving you one step closer to the inner circle. Pretty sure that you don#8217;t have McKinsey credentials yet? Let#8217;s talk about your next steps here. Should you blindly apply and hope for the best, or send them some tragic sob story explaining why your grades are so terrible? Should you give up completely? If you#8217;re really serious about consulting, get strategic about your application to McKinsey and pleasantville essay conclusion take a long-term view. Don#8217;t have brand-name experience on your resume? Get some. Don#8217;t have a top degree? Go back to school.
Didn#8217;t win an essay papers, award? Try harder, build a magical company, or get creative in pleasantville essay conclusion your free time. Remember, McKinsey consultants aren#8217;t born they are made. So get started on the tasks that will make you an incredible asset to an already incredible firm! We hope you enjoyed these insights into essay your consulting resume for McKinsey. Stay tuned for our next post on how MBB recruiters read consulting resumes. Best of luck! The arrogance displayed in this article is a big reason why people go to work for BCG or Bain instead.
Clients hate it too. Pleasantville Essay Conclusion? Seriously, tone it down. You may have a few gold medalists, but most are not. I was a top-tier consultant for 10 years, and foundation for critical this post reminds me why I#8217;m glad I left. Thinking you are the best and actually being it are two different things. I get the feeling, McK specializes on pleasantville essay the thinking part. #8220;A knock-out McKinsey candidate is an on run patchett, influencer – the conclusion, next Elon Musk, Mark Zuckerberg#8221; WHY WOULD MARK ZUCKERBERG WORK FOR MCKINSEY WHEN HE CAN BUY IT?
This translates to, why would the next Zuckerburg work for McKinsey when they can open up their own business and custom admissions co uk make far more money and pleasantville essay conclusion become far more credible. Having worked for a big Top 10 firm in the past, the biggest problem I noticed was the sheer arrogance and for critical press sense of entitlement that seemed to permeate virtually everything the pleasantville essay, organization did and stood for. It didn#8217;t give a rat#8217;s a$$ about its clients. The only thing that seemed to matter was making equity associate or partner and pushing billables past Pluto#8217;s orbit. Yes, we can see why this article is slanted.
While the intent of the article seems to essay help candidates looking at McKinsey. I doubt it will do that. The article portrays the firms consultants so high that it is essay difficult for most aspirants to reach there, infact it may turn them away from a consulting job. Essays Patchett? The article creates a sense of essay conclusion dispair #8220;I am not as good as this#8221; feeling. Being a current consultant and one with a Harvard degree, I do not want to work in a culture like this. But, any aspirant should look at McKinsey#8217;s website and study their resources and employee interviews, which are organized by role and geography. The tone of the essays customessays co uk, website is more #8216;humble#8217; than this article.
This article is laugh out loud nonsense! I do not see any one taking credit for pleasantville essay conclusion, this #8220;gem#8221; wonder why the author will not share their #8220;credentials#8221; and #8220;credibility#8221;?! I agree with the comments below: tone and content of on run by ann patchett this article is essay silly posturing and offensive drivel. Author sounds like he/she is research papers for all a Gordon Gekko groupie with no practical experience. Big 4/McKinsey/BCG/Bain clients pay a great deal of money for pleasantville conclusion, consulting services from the #8220;best of the essays customessays, best#8221;. Pleasantville? Clients put their faith in us and value our experience because we deliver results period. Posturing, arrogance and salivating over a conference at the Ritz Carlton are career limiting values, indicative of an custom admissions, amateur who will never be successful as a consultant. I have won many clients and engagements after a client has fired a consultant/firm. Their biggest complaint?
The consultant was #8220;all talk, full of themselves and never delivered#8221;. This is disgraceful given the essay, amount of money and trust clients put into foundation 2008 their consulting partners. The key to a long, successful career in consulting is simple: treat your clients with respect, deliver on your promises. As always, consultants glorifying McKinsey. Essay Conclusion? I know many undergrads who partied their way through college with a liberal arts major, and are still working at McKinsey.
Consulting is for people who (a) have no idea what they want to do with their lives or (b) are smart but unskilled laborers. Can#8217;t wait for the Elon#8217;s and Mark#8217;s of the world to aggregate the essay papers on death penalty, quants and build the data science teams that put McKinsey out of pleasantville conclusion business. When you#8217;ve been spied on essay on literacy narrative by people who did have this resume, you do tend to suspect that you#8217;ve got things they#8217;ve not got. It tells you that McKinsey doesn#8217;t have the best inside the firm, so it has to steal it from outside the essay, firm. Crusoe Essay? You don#8217;t reach that level by essay following a production line approach, you do so by going where no-one has gone before. And anyone who knows anything about that, knows that sometimes you#8217;ll succeed, and on death sometimes, you#8217;ll fail. Because Mckinsey is intolerant of any failure, it should have no credibility in the fields of entrepreneurship, risk capital, top-down reinvention of pleasantville essay conclusion a firm or anything which actually involves risk taking. For Critical Press 2008? It should have no credibility in revolutionising anything. Steve Jobs would spit on what is written here by McKinsey.
He won big but he also failed. He was worth more than the entire Senior Partners of Mckinsey. By a long way. What McKinsey wants are what Hollywood calls: #8216;Close, but no cigar#8217; types of people. Dull worthies who never made a mistake because they never took a risk of any significant magnitude. That#8217;s fine but it#8217;s about time that this myth was blown out essay conclusion, of the water. Rhodes/Fulbright Scholars are spies recruited to spy. For Critical Press 2008? They are not revolutionaries. Essay Conclusion? The most important and true thing in admissions customessays co uk that article is pleasantville essay conclusion that Mckinsey people are OCD. If they haven#8217;t realised that working for an OCD is the most destructive concept for any self-motivated, graduate-level revolutionary thinker, they failed Consulting 101. OCDs should be running surgical theatres, they should be managing mission-critical aspects of space programs, they should be writing computer code.
They should coaching sports folks where attention to details and marginal gains are imperative. They should not be managing creative people, revolutionary people, emancipated people. They destroy people like that through jealousy, enmity, thuggery, power games and destructive vindictiveness. OCDs are OCDs because they are too scared to face their own inner demons. That#8217;s why they are OCDs. The day they overcome their inner demons is the day that their OCD propensities will disappear. Now I hope this helps people understand the on literacy, truth about Mckinsey because you#8217;ll never get it out of them in 100 years.
Oh, and pleasantville conclusion remember when you go to interview: they#8217;ll have bugged the room so don#8217;t get up to narrative anything naughty. You#8217;re supposed to pleasantville essay be a married-for-life monogamous boring stuffed shirt. Unless they are sucking up to President Bill Clinton of course, who can do whatever the foundation 2008, heck he wants#8230;#8230;and frequently did. If you fought in Bosnia and can see through the interview dynamics, go work somewhere else. Pleasantville Essay? Admiring 23 year olds from Oxbridge fit in much better. haha. wow you guys are getting totally destroyed in the comments below#8230; not a bad article fwiw but I do agree there#8217;s an essay penalty, arrogance about consulting + the world in general that#8217;s perpetuated by the author#8217;s way of pleasantville thinking.
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Unpleasantville (Pleasantville Essay) …
SAT / ACT Prep Online Guides and Tips. Did you think you were all done pouring out your blood, sweat, and tears in written form for pleasantville essay, your personal statement, only to admissions customessays co uk, be faced with the “why this college” supplemental essay? This question seems simple on its face, but is in fact a crucial and pleasantville conclusion potentially tricky part of many college applications. What exactly is the “why us” essay trying to understand about you? And how do you answer the question without falling into 2008 its many pitfalls or making any rookie mistakes? In this article, I’ll explain why colleges want you to be able to explain why you are applying. I'll also talk about essay, how to generate and essays on run patchett brainstorm topics for pleasantville essay conclusion, this question, and robinson thesis how to conclusion, make yourself sound sincere and custom admissions essays committed. Essay Conclusion! Finally, I’ll throw in some “why this school” essay dos and don’ts. Why Do Colleges Want You To Write a “Why Us” Essay? College admissions officers have to read an incredible amount of student work to put together each winning class.
So trust me when I say that everything they ask you to foundation thinking 2008, write is meaningful and essay important. The purpose of this essay goes two ways. Papers Penalty! On the essay conclusion, one hand, seeing how you answer this question gives admissions officers a sense of admissions co uk whether you know and value their school . Essay Conclusion! On the foundation for critical press, other hand, having to verbalize why you are applying is pleasantville conclusion a chance for essay on literacy, you to ponder what you want to get out of your college experience , and whether your target schools fit your goals and aspirations. What Colleges Get Out of essay Reading Your Why This College Essay. Colleges want to check three things. First, that you have a sense of what makes their college different and special. Do you know something about the school’s mission, history, and crusoe thesis values? Have you thought about conclusion, their specific approach to learning? Are you comfortable with their traditions, the essays on run patchett, feel of their student life?
Second, that you will be a good fit for the institution. Where do your interests lie? Do they correspond to this school’s strengths? Is there something about essay conclusion, you that meshes well with some aspect of the college? How will you contribute to college life? How will you make your mark on essays on run by ann campus? And third, that this institution will, in turn, be a good fit for you.
What do you want to get out of college? Will this college be able to provide that? Will this school contribute to your future success? What will you take advantage of on pleasantville conclusion campus – academic programs, volunteer/travel opportunities, internship hookups, extracurricular clubs, etc.? Will you succeed academically? Is this school at the right rigor and pace for your ideal learning? What You Get Out of Writing Your Why This College Essay. Luckily, in the process of articulating these answers, you will also benefit in several ways. Finding specific programs and foundation for critical thinking opportunities at essay conclusion, schools that you are already happy about will give you a grounded sense of direction for when you start school. And Essays! At the pleasantville essay, same time, by describing what is great about schools that are low on your list, you'll boost your enthusiasm rather than feeling these colleges are lackluster fallbacks.
Ensuring You're Making the for critical, Right Choice. At the same time, writing the why us essay can be a moment of clarity. It's possible that you won’t be able to come up with any reasons for applying to a school. If the more research you do the more you see that you won't fit, this may be a good indicator that this particular school is not for you. At the end of your 4 years, you want to feel like this, so take your Why This College essay to essay, heart. The Two Different Kinds of “Why This College” Essay Prompts. The why this college essay is best thought of as a back and forth between you and essays by ann patchett the college . This means that your essay will really be answering two separate but related questions: First, why us?
This is pleasantville essay where you'll explain what makes the school special in your eyes, what attracted you to by ann patchett, it, and what you will get out of the experience of conclusion going there. Second, why you? This is where you'll talk about why you’ll fit right in on campus, what qualities/skills/talents/abilities you’ll contribute to campus life, and how your future will be impacted by the school and its opportunities. Colleges usually take one of these two different ways to frame this essay , which means that your essay will lean heavier towards whichever question is favored in the prompt. Essays! So if the prompt is all about why us?, you'll focus more on waxing rhapsodic about the pleasantville conclusion, school. If the prompt instead is mostly configured as why you?, you'll dwell at length on your fit and potential. It's good to remember that these two prompts are simply two sides of the essays on run patchett, same coin. Your reasons for wanting to conclusion, apply to foundation 2008, a particular school can be made to fit either of these questions. For instance, say you really want the chance to learn from the world-famous Professor X. A why us essay might dwell on how amazing an opportunity studying with him would be for you, and how he anchors the Telepathy department. Meanwhile, a why you essay would point out that your own extracurricular and academic telepathy credentials and future career goals make you an ideal student to essay, learn from Professor X, a renowned master of the field. Let me show you some real-life examples of what these two different approaches to the same prompt look like.
I hear the Rings of narrative Power Department is essay conclusion really strong at papers on death, that school too. Check out the Gandalf seminar on repelling Balrogs - super easy A. Why [this college]? Why are you interested in our school? Why is this college a good choice for you? What is it that you like the pleasantville essay, best about our university? Why do you want to go to our college? University of on run by ann Michigan: Describe the unique qualities that attract you to the specific undergraduate College or School (including preferred admission and dual degree programs) to essay, which you are applying at the University of Michigan. How would that curriculum support your interests? Tulane University: Please describe why you are interested in essay papers, attending Tulane. Tufts University: Which aspects of Tufts’ curriculum or undergraduate experience prompt your application?
In short, “Why Tufts?” Wellesley College: When choosing a college community, you are choosing a place where you believe that you can live, learn, and flourish. Generations of inspiring women have thrived in the Wellesley community, and we want to pleasantville essay conclusion, know what aspects of this community inspire you to consider Wellesley. We know that there are more than 100 reasons to choose Wellesley, but the essays by ann patchett, “Wellesley 100” is a good place to start. Visit the Wellesley 100 and let us know, in two well-developed paragraphs, which two items most attract, inspire, or energize you and why. (PS: “Why” matters to us.) Colorado College: How did you learn about Colorado College and why do you wish to pleasantville, attend?
Oberlin College: How did your interest in Oberlin develop and what aspects of our college community most excite you? University of Richmond: Please choose ONE of the two essay prompts: (1) Sometimes asking the robinson crusoe essay, right question makes all the difference. If you were a college admission counselor, what essay question would you ask? Please craft and answer your own essay prompt – in pleasantville essay conclusion, your response, reflect on what your chosen question reveals about you.; OR (2) Tell us about admissions customessays, Spiders. Tell me all about. Conclusion! me. Why are you a good match or fit for papers and essays for all, us? What are you interests and how will you pursue them here?
What do you want to study and how will that correspond to our program? What or how will you contribute? Why you at pleasantville conclusion, our college? Why are you applying to our school? Babson College: One way Babson defines itself is through the notion of robinson essay creating great economic and essay conclusion social value everywhere.
How do you define yourself and what is it about Babson that excites you? New York University: Whether you are undecided or you have a definitive plan of study in mind, what are your academic interests and how do you plan to explore them at NYU? Bowdoin College: Bowdoin students and admissions co uk alumni often cite world-class faculty and opportunities for intellectual engagement, the conclusion, College’s commitment to the Common Good, and the special quality of life on the coast of Maine as important aspects of the oppapers.com research papers for all, Bowdoin experience. Pleasantville Conclusion! Reflecting on your own interests and experiences, please comment on on death one of the following: 1.) Intellectual engagement, 2.) The Common Good, or 3.) Connection to place. Kalamazoo College: In 500 words or fewer, please explain how Kalamazoo College’s approach to essay, education will help you explore your ideas and oppapers.com research papers and essays interests both inside and outside of the classroom. Lewis Clark College: Lewis Clark College is a private college with a public conscience and a global reach. We celebrate our strengths in collaborative scholarship, international engagement, environmental understanding and entrepreneurial thinking. Pleasantville! As we evaluate applications, we look for students who understand what we offer and are eager to contribute to our community. Narrative! In one paragraph, please tell us why you are interested in attending Lewis Clark and pleasantville how you will impact our campus. Whitman College: Part of being a Whittie is living and growing as a unique individual within a supportive community. These are words that we think describe much, though not all, of the Whitman experience: Intellectually Curious - Northwest - Taco Trucks - Slam Poetry - Outdoorsy - Testostertones - Globally Engaged - Flag Football - Thesis Project - Wheat Fields - Intercultural - Encounters Program - One Acts - Organic Garden - 24/7 Library - Ultimate Frisbee - Collaborative Research - Playful - Semester in the West - Life of the Mind - Walla Walla - Whitman Undergraduate Conference - Interest House Community - Sweet Onions - Experiential Learning.
Pick three of these words or phrases, or share with us three of your own, and explain how these terms resonate with or inspire you. How does this part of on run by ann who you are relate to joining the Whitman community? Sure, Ultimate Frisbee is cool, Whitman College. But when I get to campus, I'm starting a quidditch league. How to pleasantville, Write a Perfect “Why This College” Essay.
No matter how the prompt is worded, this essay is a give-and-take of what you and the college have to offer each other. Your job is to zoom in quickly to your main points, and to use precision and detail to sound sincere, excited, and authentic. So how do you effectively explain what benefits you see this particular school providing for you, and what pluses you will bring to crusoe thesis, the table as a student there? And how can you do this best using the small amount of space that you have (usually 1-2 paragraphs)? Let's now go through the process of writing the Why This College essay step by pleasantville conclusion, step.
First, I'll talk about the robinson crusoe essay, prep work you'll need to do. Then I'll go through how to brainstorm good topics, and the topics to avoid. Pleasantville Essay Conclusion! I'll give you some tips on transforming your ideas and for critical 2008 research into an actual essay. And finally, I'll take apart an essay conclusion actual Why Us essay to papers and essays, show you why and pleasantville essay how it works. Before you can write about research, a school, you need to conclusion, know specific things about what makes it stand out and appeal to you and your interests . So where do you look for these? And how do you find the detail that will speak to you? If you’re going on college tours, you’ve got the papers, perfect opportunity to pleasantville conclusion, gather info. Bring a notepad with you, and write down: your tour guide’s name 1-2 funny, surprising, or enthusiastic things they say about the school any unusual features of the campus, like buildings, sculptures, layout, history, or traditions. Also, try to connect with students or faculty while you’re there. Thinking! If you visit a class, write down which class and the professor’s name. See if you can briefly chat up a student (in the pleasantville, class you visit, around campus, or in the cafeteria) and on run patchett ask what they like most about the school, or what has most surprised them about being there.
Write down the answer! Trust me, you’ll forget it otherwise, especially if you do this in multiple college visits. If you can’t get to the campus of pleasantville essay conclusion your target school in real life, the next best thing is an online tour either from the school’s own website, or from places like youniversitytv, campustours, or youtube (search [school name] + tour). You can also connect with students without visiting campus in person. Many admissions websites will list contact information for students you can email to ask one or two questions about what their experience of the school has been like. Or, if you know what department, sport, or activity you’re interested in, you can ask the admissions office to put you in touch with a student who is involved with that interest. Soon, fully immersive VR campus tours will let you play in Minecraft mode, where you just build each school from scratch brick by brick. If you have an interview, ask your interviewer questions about their experience at the school, and admissions essays customessays also about what going to that school has done for them since they graduated. As always, take notes.
If you have a chance to go to a college fair where your target college has sent reps, don’t just come and pick up brochures. Engage the reps in conversation and ask them questions about what they think makes the pleasantville essay, school unique, so you can jot down notes about any interesting details they tell you. Colleges publish lots and lots of different kinds of things, any of which is useful for research. Here are some suggestions, all of which you should be able to find online. Brochures and course catalogs. Read the mission statement of the for critical thinking 2008, school – does their educational philosophy align with yours? Read through college catalogs. Essay! Are there any programs, classes, departments, or activities that seem tailor-made for you in some way? Pro tip: these should be unusual in essay thesis, some way or different from what other schools offer.
For example, being fascinated with the English department isn’t going to cut it unless you can discuss its unusual focus, 1-2 exceptional professors, or the different way they structure the essay conclusion, major that appeals to you specifically. The alumni magazine . Are any professors highlighted? Does their research speak to on run by ann, you, or connect with a project you did in pleasantville essay, high school or for some extracurricular? Sometimes alumni magazines will highlight a college’s new focus or new expansion. Does the construction of a new top of the line engineering school correspond with your intended major? There may also be some columns or letters written by alumni that talk about what it’s meant to research and essays, them to essay conclusion, go to for critical press, this particular school. Pleasantville! What stands out about their experiences? The campus newspaper. Students write about the hot issues of the day, which means that the articles will be about the best and worst things on campus. They will also give you insight into on run by ann student life, into pleasantville essay conclusion what opportunities are available, etc. The college’s social media.
Your target school is most likely on robinson crusoe thesis Facebook, Twitter, Instagram, or other social media. Essay Conclusion! Follow them to see what they are posting about. Exciting new campus development? Some professors in the news? Interesting events, clubs, or activities? Wikipedia is a great source for custom admissions customessays, learning details about the pleasantville essay, college’s history, traditions, and values. You can also search interesting phrases like “What students really think about [your school]” or “[your school] student forum.” This will let you find for papers, detail-heavy points of conclusion view, comments about specific programs or courses, and insight into student life. So what should you do now that you've done a bunch of research? Use it to essay penalty, develop connection points between you and your target school. These connections will be the skeleton of your essay. You now have on pleasantville conclusion hand all kinds of information, from your own personal experiences on essay narrative campus, to pleasantville conclusion, your conversations with people affiliated with your target school, to what you learned from campus publications, to tidbits gleaned from the web.
Now you have to sift through all of your notes to customessays co uk, find the three to five things that really speak to you. Pleasantville Essay Conclusion! Take what you’ve learned about the on death, school and link it to how you can plug into this school’s life, approach, and environment . That way, no matter whether your target school's prompt is more heavily focused on essay conclusion the why us or why you part of the give-and-take, you'll have an entry point into oppapers.com research papers for all the essay. What should these three to five things be? What should you keep in pleasantville essay conclusion, mind when you're looking for the gem that will become your topic? Here are some words of wisdom from Calvin Wise, the on literacy, Senior Associate Director of Admissions for Johns Hopkins University:
Focus on what makes us unique and why that interests you. Do your research, and essay conclusion articulate a multi-dimensional connection to the specific college or university. On Literacy! We do not want broad statements (the brick pathways and historic buildings are beautiful) or a rehash of the information on pleasantville our website (College X offers a strong liberal arts curriculum). All institutions have similarities. We want you to talk about our differences. Time to essay on literacy, find that diamond, amethyst, opal, tourmaline, or amber in the rough. Check Your Gems for essay conclusion, Color and Clarity. In other words, make sure that each of your three to five found things is something that your target school has that other schools don’t. This something should be seen from your own perspective. The point isn't to generically praise the school, but instead to crusoe essay, go into detail about why it’s so great for you that they have this thing.
This something you find should be meaningful to conclusion, the school and specific to you. For example, if you focus on academics (courses, instructors, opportunities, or educational philosophy), find a way to link them either to your previous work or to your future aspirations. This something should not be shallow and non-specific. Want to live in a city? Every city has more than one college in robinson crusoe essay, it. Find a way to explain why this specific college in this specific city calls to you. Like pretty architecture? Many schools are beautiful, so dwell on why this particular place feels unlike any other. Like good weather, beach, skiing, some other geographical thing?
There are many schools located near these places, and they know that people enjoy sunbathing. Pleasantville Essay! Either build a deeper connection or skip these as reasons. Convert Your Gems Into Essay Topics. Every Why This College essay is going to answer both the essays on run patchett, why us and the why you parts of the back-and-forth equation. But, depending on which way your target school has worded its prompt, you will lean more heavily on that part. This is why I’m going to split this brainstorming up in pleasantville, two, to go with the “why us” and “why you” types of questions. Of course, since they are both sides of the same coin, you can always easily flip each of these ideas around in order to have it work well for the other type of prompt . For example, a “why us” essay might talk about how very interesting XYZ interdisciplinary project is and oppapers.com and essays how it fits well with your senior project. But a “why you” essay would take the same idea but flip it to say that you learned through your senior project that you deeply value an interdisciplinary approach to academics, which makes you a great fit for this school and its own commitment to cool interdisciplinary work as evidenced by project XYZ. Project XYZ had many moving parts, one of which for some reason was a giant labyrinth.
How a particular program of study/internship requirement/volunteer connection will help further your specific career goals. Pleasantville! The school's interesting approach to your future major (if you know what that will be), or to a major that combines several disciplines that appeal to on literacy, you and fit with your current academic work and interests. Essay Conclusion! How the school handles financial aid and the infrastructure setup for low-income students, and what that means for you in terms of opening doors. Admissions Essays! A story about how you became interested in the school (if you learned about it in an interesting way). Did it host a high school contest you took part it? Feature a visual or performing art that you enjoyed and that you also do?
How you overcame an initial disinterest in the school (if you minimize this first negative impression). Essay! Did you do more research? Interact with someone on campus? Learn about the school’s commitment to the community in some way? Learn about interesting research being done there? A positive interaction you had with current students, faculty, or staff, as long as this is more than just Everyone I met was really nice. An experience you had on the campus tour.
Super passionate tour guide? Interesting information that surprised you? Did something happen to transform your idea about the school or campus life (in a good way)? Interesting interdisciplinary work going on at the university, and how that connects with your academic interests/career goals/previous high school work. The history of the school, but only oppapers.com research papers if it’s meaningful to conclusion, you in some way.
Has the essay, school always been committed to fostering minority/first generation/immigrant students? Was it founded by someone you admire? Did it take an unpopular, but, to you, morally correct stance at some crucial moment in essay, history? An amazing professor that you can’t wait to foundation for critical press 2008, learn from. Is there a chemistry professor whose current research meshes with a science fair project you did? A professor who’s a renowned scholar on your favorite author/genre? A professor whose book on economics finally made you understand the pleasantville essay, most recent financial crisis? A class that sounds fascinating, especially if it’s in essay, a field that you want to major in.
Extra bonus points if you have a current student on record raving about it. A facility or piece of essay conclusion equipment that you can’t wait to work with or in, and that doesn’t exist many other places. A specialty library that has rare medieval manuscripts? An observatory? A fleet of boats?
A required curriculum that appeals to you because it provides a solid grounding in the classics, it shakes up the traditional canon, connects all the students on campus in one intellectual project, or is taught in a unique way. If the school can boast eight NASA aircraft of its own, I'd try to fit that in somewhere too. Do you want to continue a project you worked on oppapers.com and essays in high school? Talk about how/where in the current course, club, and program offerings this work would fit in. Why will you be a good addition to the team? Have you always been involved in pleasantville essay conclusion, a community service project that is essays on run already being done on campus? Write about essay conclusion, integrating life on essay penalty campus with events in the surrounding community.
Are you going to keep doing performing arts, music, working on the newspaper, or something else that you were seriously committed to in high school? Discuss how excited you are to pleasantville essay, join that existing organization. Essay! Are you the perfect person to take advantage of an internship program (because you’ve already worked in this field, because you were exposed to it through your parents, because you’ve done academic work that gives you some experience with it)? Are you the ideal candidate for a study abroad opportunity (because you speak the language of the country, because it’s a place where you’ve worked or studied before, because your career goals are international in conclusion, some respect) Are you a standout match for essays on run, an undergraduate research project (because you will major in this field, because you’ve always wanted to work with this professor, because you want to pursue research as a career option)? Is there something you were deeply involved with that doesn’t currently exist on pleasantville conclusion campus? Offer to essay on literacy narrative, start a club for that thing. And I mean club: you aren’t going to magically create a new academic department, or even a new academic course, so don’t try offering that). If you do write about this, make double, triple sure that the school doesn’t already a club/course/program for essay conclusion, this interest. What are some of the programs and/or activities you would plan to essay on literacy narrative, get involved with on pleasantville essay conclusion either campus, and what unique qualities will you bring to them? Make this a mini version of foundation press a personal statement you never wrote: use this essay as another chance to essay, show a few more of the essays on run by ann, skills, talents, or passions that don’t appear in your actual college essay.
What’s the runner-up interest that you didn’t write about? What opportunity, program, or offering at the school lines up with? This is pleasantville definitely the time to open up about your amateur kinetic art sculptures. Possible Topics For a College That’s Not Your First Choice. If you're writing about a school that you’re not completely psyched about, one way to essay on death, sidestep the issue is to focus on what getting this degree will do for you in the future. How do you see yourself changing existing systems, helping others, or otherwise succeeding? Alternately, discuss what they value academically, socially, environmentally, philosophically and how it connects with what you also care about.
A vegan, organic, and cruelty-free cafeteria? A relationship with a local farm or garden? De-emphasized fraternity involvement? Strong commitment to environmental issues? Lots of opportunities to contribute to the community surrounding the pleasantville essay conclusion, school? Active tolerance and inclusion for various minority groups? Try to find at for critical thinking press 2008, least one or two things that you’re excited about for all the schools on your list. Pleasantville Essay! If you can’t think of a single reason why this would be a good place for you to go, maybe you shouldn’t be applying there. Don’t write about the school's size, location, reputation, or the weather, unless it is the only one of its kind.
For example, anyone applying to the Webb Institute, which has less than 100 students should by all means, talk about a preference for essay, tiny, close-knit communities. On the other hand, schools in pleasantville, sunny climates know that people enjoy good weather - but if you can't connect the outdoors with the college itself, think of something else to say. Don’t talk about your sports fandom. Essay Papers On Death Penalty! The I can see myself in purple and white / maroon and pleasantville gold / [any color] and [any other color] is an overused idea. After all, you could cheer for the team without going to the school. Essays! So unless you are an athlete or an pleasantville essay conclusion aspiring mascot performer, or have a truly one of a kind story to essays on run by ann patchett, tell about your link to the team, try a different tack. Don’t copy description from the college's website to pleasantville, tell admissions officers how great their college is. They don’t want to hear praise; they want to essay on literacy, hear how you connect with their school. So if something on the college brochure speaks to essay, you, explain why this specific detail matters to you and how your past experiences, academic work, extracurricular interests, or hobbies connect with it. Don’t use college rankings as a reason for why you want to go to a school. Of course prestige matters, but schools that are ranked right next to each other on the list are at about the same level of prestige.
What makes you choose one over robinson crusoe essay thesis, the other? If you decide to write about a future major, don’t just talk about what you want to study and why. Make sure you also explain why you want to study this thing at this particular school . What do they do differently that other colleges don’t? Don’t wax poetic about the school’s pretty campus. “From the moment I stepped on pleasantville conclusion your campus, I knew it was the place for me” is another cliche – and admissions essays customessays another way to conclusion, say basically nothing about why you actually want to go to for all, this particular school. Lots of schools are pretty, and essay many are pretty in the exact same way. Pop quiz: this pretty Gothic building is on what college campus? Yup, that's right - could be anywhere. When you've put together the ideas that will make up your answer to the why us question, it's time to build them into a memorable essay. Here are some tips for essay papers penalty, doing that successfully:
Jump right in. The essay is short, so there's no need for an introduction or conclusion. Spend the first paragraph delving into your best one or two reasons for applying. Then, take the second paragraph to go into slightly less detail about reasons 2 (or 3) through 5. To thine own self be true. Write in your own voice and be sincere about conclusion, what you’re saying. Oppapers.com Research Papers And Essays For All! Believe me, the reader can tell when you mean it and when you’re just blathering. Details, details, details. Mention by pleasantville essay conclusion, name specific classes, professors, clubs and activities that you are excited to research, be a part of. If you plan on attending if admitted, say so.
Colleges care about the numbers of acceptances deeply, so it may help to know you’re a sure thing. Essay! But don’t write this if you don’t mean it! Don’t cut and paste the same essay for every school . Either al least once you’ll forget to change the research for all, school name or some telling detail, or else your vague and cookie-cutter reasoning will sound bland and forgettable. Cookie cutters: great for dough, terrible for college applications. Example of a Great “Why This College” Essay.
At this point, it'll be helpful to take a look at a “why us” essay that works and figure out what the author did to create a meaningful answer to this challenging question. It was on my official visit with the cross country team that I realized Tufts was the perfect school for me. Our topics of pleasantville essay conclusion conversation ranged from Asian geography to efficient movement patterns, and everyone spoke enthusiastically about what they were involved in on campus. I really related with the essays, guys I met, and I think they represent the passion that Tufts' students have. Conclusion! I can pursue my dream of being a successful entrepreneur by joining the Tufts Entrepreneurs Society, pursuing an Entrepreneurial Leadership minor, and taking part in an up-and-coming computer science program. Interaction with current students. Essay Papers Penalty! James writes about pleasantville essay, hanging out with the cross country team and sounds excited about meeting them. “I’m a great fit.” He uses the conversation with the cross country guys to talk about his own good fit here (“I really related with the guys I met”).
Why the school is special. James also uses the oppapers.com research papers, conversation as a way to show that he enjoys the conclusion, variety of opportunities Tufts offers (their fun conversation covers Asian geography, movement patterns, other things they “were involved with on campus”). Taking advantage of this specialness. Essay Papers Penalty! He doesn’t just list things Tufts offers, but also explains which of them are of specific value to conclusion, him. He’s interested in being an entrepreneur, so the Tufts Entrepreneurs Society and the Entrepreneurial Leadership courses appeal to him. Awareness of what the custom essays customessays, school is pleasantville conclusion up to. Finally, James shows that he’s up on the latest Tufts developments when he mentions the new computer science program. You can see more great “Why this school” essays written for Tufts on their website. The “why this college essay” is crusoe essay thesis looking for three things: To make sure you understand what makes their college different and special To make sure you will be a good fit in their college To make that this college will be a good fit for you The prompt may be phrased in one of two ways, “why us?” or “why you?”, but these are sides of the same coin and will be addressed in your essay regardless of the pleasantville essay conclusion, prompt style. Writing the perfect “why this school” essay first requires researching the on death, specific things that appeal to you about essay conclusion, this school. You can find this information by: Visiting campuses in person or virtually to interact with current students and faculty Asking questions from your college interviewer or from reps at college fairs The college’s own materials like their brochures and website, their alumni magazine, campus newspaper, or their social media Other sites on the internet To find a topic to write about, find the three to five things that really speak to you about the school and then link each of them yourself, your interests, your goals, and your strengths.
Avoid writing about cliches that could be true for any school, like architecture, geography, weather, or sports fandom. Instead, focus on the details that differentiate your target school from all the others. Are you also working on your personal statement? If you're using the Common App, check out completely breakdown of the Common App prompts and essay our guide to picking the essay conclusion, best prompt for by ann patchett, you. If you're applying to the University of California, we've got an in-depth article on how to best write the UC personal statements.
And if you're submitting ApplyTexas applications, read our helpful explainer on pleasantville conclusion how to approach the many different ApplyTexas essay prompts. In the foundation for critical press, middle of the rest of the college application process? We can also help you ask for recommendations , show you how to write about extracurriculars , and give advice on how to research colleges . Want to improve your SAT score by 160 points or your ACT score by 4 points? We've written a guide for each test about the top 5 strategies you must be using to have a shot at improving your score. Download it for pleasantville conclusion, free now: Have friends who also need help with test prep?
Share this article! Anna scored in the 99th percentile on her SATs in high school, and went on robinson to major in English at pleasantville essay conclusion, Princeton and to get her doctorate in English Literature at Columbia. She is passionate about improving student access to essays on run, higher education. You should definitely follow us on social media. You'll get updates on pleasantville essay conclusion our latest articles right on foundation your feed. Follow us on all 3 of our social networks: Have any questions about this article or other topics? Ask below and we'll reply! Series: How to Get 800 on Each SAT Section: Series: How to Get to 600 on pleasantville essay conclusion Each SAT Section: Series: How to customessays co uk, Get 36 on Each ACT Section:
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