John Maynard Keynes Econ 490 fall 2017

During a summer internship, I was on a team of 5 people including myself.  We were hired to digitize paperwork that the company had in storage. The company was in construction and they had to hold onto the paper work in case of law suits. The company was moving which meant that we had to finish before the summer was through. We had to scan, name, and organize about 56 boxes in 13 weeks. This means that every week we had to do a little bit more than four boxes. When we were hired, our supervisor showed us the storage room with the boxes, explained how to label and save the documents in the computer, and how to scan the documents. After we scanned the documents we then had review the documents to make sure that they scanned correctly. If this was the case we were supposed to throw away the paper files.  Every Friday our supervisor would count the remaining boxes, this was the only time that they would check on our progress.  Occasionally an intern would be taken off sc...

I think opportunism happens most often in our day to day life. In these cases, the potential gain or loss is normally small. I think this is the reason why most people do not spend a lot of time thinking about tipping. After all a tip is almost always under 10 dollars. Everyone has been taught to tip 20% and that is about as much thought as people have given it. There is nothing forcing people to tip. It is opportunistic to not tip. Over the year’s people could save thousands of dollars not tipping. I tip, I always tip. There are two main reasons for this. The first is that I was caddy for 8 years, in which time most my income was from tips. I got a base pay of 18-24 dollars and was supposed to be tipped at least 120% of that. Meaning that after a round of golf I should have walked home with at least 39-52 dollars. It was common to be tipped at least 150% at the club I worked at. Most clubs pay their caddies about 40 dollars. That said member could always tip less. The main reasons fo...

Throughout college I have worked with Rotex. Rotex is a organization run by post-exchange students that went through Rotary Youth Exchange. Rotex helps inbound students (exchange students that are spending a year in the United States of America), Outbound students (exchange students leaving the country), and the Rotary Youth Exchange program. Any student that was an exchange student can join, and while Rotex does not kick any one out most leave once they graduate college. This leads to a constant turn over of leadership, people, and ideas in the organization. This means that Rotex as a whole work as a buffer for the Rotary Youth Exchange. Members of Rotary may have never been an exchange students and there are very few of them that are younger than 50. This creates a large disconnect from students who are about to enter into a very different situation. Rotex has better understanding of the exchange students in almost every way. They have been through similar situations, and there is ...

John Maynard Keynes had a fairly prolific life as an economist. He first became famous for his book "The Economic Consequences of the Peace". In this book he argued that the massive reparations that the world put on Germany would keep them poor and as a result unstable. Which history has proven to be true. Keynes also mad The General Theory of Employment, Interest and Money. Which explained aggregate demand as the sum of consumption, investment and government spending. Which is now called The General Theory. I have learned about Keynesian economics, that said if you asked me yesterday what John Maynard Keynes was famous for I would have no Idea. I think that Keynes is most relevant for the class is by those that he influenced. The last thing that Keynes published was in 1939. which was nearly 80 years ago. This means that everything that he has said has been either built on or refuted. Bibliography The Editors of Encyclopædia Britannica. “John Maynard Keynes.”  Encyclopæ...