Education Essay Example | Topics and Well Written Essays - 750 words - 4

Education - Essay Example These days, students are treated with kid gloves in an effort to make them feel better about themselves and not harm their young psyche. However, by misleading students into believing that they can accomplish anything they want to and that simply trying is good enough, we are raising a generation of prideful students who think that they do not need to try harder to be better than the next guy in order to succeed in life. They have become a â€Å"prideful† generation without really having anything to take pride in. That is the argument of Thomas Benton in his article â€Å"the Seven Deadly Sins of Students†, and that is the main focus of this argumentative paper. I will also focus on how the Peter Thiel Fellowship helps to make matters worse for our prideful students because it encourages them to forgo the regular college route in exchange for instant gratification of their ideas. Peter Thiel, the man after whom the grant is named is described as; â€Å"... the Silicon Valley investor who believes more young people should be chasing breakthrough technologies instead of wasting their time and money in college. â€Å" (Miller, Claire â€Å"Drop Out , Start Up†). ... Out of this pride -- nurtured by the purveyors of unearned self-esteem, personal grievance, dumbed-down courses, and inflated grades (often in the guise of liberality) -- the opportunity to earn an education is squandered by prideful students who can make a potential heaven seem like hell. The students of today take pride in being able to â€Å"achieve† without really doing the work. Although there is some good to be said of positive encouragement, the fact that this type of encouragement has taken over the educational system leaves one wondering as to the direction that these students will actually have in their lives. After all, there is nothing worse than being rewarded for mediocrity. Let us also not forget that long known saying â€Å"A little knowledge is a dangerous thing.† It is that little knowledge that these students possess that people such as Peter Thiel exploit for all the wrong reasons. Thiel believes that students should not waste their time languishing in college and spending college money that their parents most likely do not have when they can actually be pursuing their dreams and working on turning it into a reality. That is the precise reason that he created the Thiel Fellowship Grant. He caters to the need for instant gratification of the prideful students, forgetting the fact that these are still young people barely out of their teens and without the proper training nor guidance to succeed in their adult endeavors in their current status. That ripening of their minds and ability to manage their lives and professional careers comes with the completion of a college degree. However, Claire Miller (Miller, Claire â€Å"Drop Out , Start Up†) explains that these kids do not understand what they

Theoretical concepts of accounting Essay Example | Topics and Well Written Essays - 1000 words

Theoretical concepts of accounting - Essay Example Proponents of free market approach have also supported a wait and see approach in relation to economic and financial changes taking place all over the world. In fact, the free market proponents reject the idea of intervention by governments for the sake of adjusting the distracted economy, and have based their arguments on the claim that demand and supply forces interact to ultimately bring stability in the distracted economic conditions (Deegan and Unerman; Rankin, Stanton and McGowan). However, malpractices of those charged with the governance and misuse of authority often overrun the expected balances to be attained in a free market model through demand and supply interaction (Deegan and Unerman; Rankin, Stanton and McGowan). One of the most relevant and quotable example in this regard can be of the Enron Scandal, which obviously had nothing to do with the free market model and demand and supply forces, but government intervention to safeguard the interests of general public throu gh Sarbanes Oxley Act (SOX) was deemed appropriate (Deegan and Unerman; Rankin, Stanton and McGowan).... , under free market approach, shall be opted to enhance the role of market forces and when needed, government intervention, whether in the form of accounting regulations or other regulatory frameworks shall be introduced to ensure that no deviation from the objective of benefiting society and corporate entities takes place (Deegan and Unerman; Rankin, Stanton and McGowan). Certainly, after the recent experiences of financial crisis and the increasing debate regarding the lack of ethical practices towards corporate governance and corporate social responsibility, the need to bring regulatory measures have been felt as never before (Deegan and Unerman; Rankin, Stanton and McGowan). Before going into the details of differences between the assumptions underlying the capital market research and behavioural research, it is pertinent to understand what capital market research and behavioural research implies (Deegan and Unerman; Rankin, Stanton and McGowan). The capital market research evalu ates the overall impact of financial reporting on investors only; whereas behavioural research takes into consideration the responses towards financial reporting by separate individuals, which is reflected by the decisions made by different users of financial statements. The assumptions for each of the research type are based on the nature of these researches (Deegan and Unerman; Rankin, Stanton and McGowan). As for instance, under capital market research it is assumed that investors are the most important stakeholders who take into consideration the financial reporting by business entities to base their decisions upon them. On the other hand, the assumptions used under behavioural research are entirely contrasting to the capital market research, as it is assumed that every stakeholder,