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Ten Critical Steps for Risk Managers Essay Example | Topics and Well Written Essays - 750 words
Ten Critical Steps for Risk Managers - Essay Example There are for the most part 10 significant sorts of political dangers, for example, ...
Wednesday, October 30, 2019
Educational Institutions and ProcessesMarginality Essay
Educational Institutions and ProcessesMarginality - Essay Example The societal structure is more concerned with such human elements as religion, demography, social structure and culture. In addition, the structure is also concerned with the connection between politics and economics with regard to group or individual access to resources. As such, the societal framework tends to stress on the consideration of those fundamental causes of inequality, exclusion, social injustice, as well as the spatial isolation of the populace (Brodwin, 2003). On the other hand, the spatial element of marginality is chiefly based on physical setting and space from centre of development, lying at the periphery of a poorly incorporated society (Larsen, 2002). With this notion, it is anticipated that an insight into the physical locations and space on individuals and groups livelihoods shall be gained.From these meanings, one can undoubtedly observe that marginality is a progression that emerges and evolves gradually in a variety of scales and types under geo-political and socio-economical settings. As such, marginality supports and replicates that state of marginalization to a large extent. It is worth noting that the interpretation of societal marginality stems from social conditions. The apparent disparities in a social institution such as a school will often be as a result of exclusion from the 'mainstream'. At this point, the state and scale of economic, social, and political inequalities linking the mainstream and the marginalized ought to be assessed from the perspective of legitimate and equitable access to decision making procedures and resources. By and large, educational marginality is often revealed by the underlying state of people. The state could as well be represented by such poor living options as a lack of opportunities, resources, and skills. Further, such a state can also be reflected by either a limited or reduced contribution in the making of public decisions, and low self esteem (Brodwin, 2003). In the educational institutions, marginalized students are normally stigmatized, singled out, ignored and mostly repressed on age, gender, culture, race, ethnicity, religion, occupation, economy, and education basis by the mainstream (Larsen, 2002). Marginalized groups in existing schools situations McCready (2004) has suggested a multidimensional structure that considers the multiple forms and differences of oppression , with a view to understanding and suggesting possible options for gay as well as for the gender non-conforming African American male students attending urban schools. The author has indicated that such students experience a certain kind of marginalization, and which is almost recognized by almost everybody who knows about the sexual orientation of this group. In addition, the author has also indicated that in a majority of the cases, such gay students have feelings that they are usually being marginalized by the mainstream society in school. The sad situation that this book brings out is that in certain instances, such students will normally experience marginalization, yet they fail to admit it. It has often been argued that from a school perspective, marginalization tends to be a multifaceted and complex process. For this reason, it is important that the
Monday, October 28, 2019
Family Assessment Essay Example for Free
Family Assessment Essay As a nurse practicing in todayââ¬â¢s health care environment it is always important to be very attentive for the needs of the patient and the patientââ¬â¢s family. In order to realize the needs of the patient and the patients loved ones it is often helpful to conduct a family assessment. This assessment was carried out on an urban family which is in the middle income group. Some of the factors which were inferred from the assessment were as follows. In terms of values, health and nutrition, it was found that the members paid much emphasis to this. As s matter of fact, the initial family expenditure was on these three. Health is taken as a vital requirement and all the individuals need to have it. This is the same case with rest. Since most of the members are quite busy all through the day, the family spends some time together in the evening before retiring to bed. Most of the free time is spent having the family together in a relaxed atmosphere (Ritchie, 2012). The family is very concerned for the patientââ¬â¢s needs and overall well-being. They are so concerned about elimination, though the need for exercise and activity is highly acknowledged. The members appreciate and know the need for physical fitness. As such, they try to make sure that they attain it. Nevertheless, they have such tight schedules that they do not get enough time to be engaged in these. This is quite unfortunate. On the cognitive factors, the family is highly receptive. The level attained in the family is based on the importance it attaches to the cognitive development. The children have gone through learning institutions and are still in pursuit of knowledge and education. This is the same case with the parents. They work with the notion that information is power. As it pertains to health care sometimes simple common sense comes into play. Sensory perception is taken as a defining factor of the common sense. However, there is a saying that common sense is not common to all. Nevertheless, this family has greatly attained this sensory perception. Everyone is aware of their surroundings and they are willing to work towards making the family even better. Their self-esteem is also quiet high. Based on the findings from the interview, they have high regard of each other due to the accomplishments they have seen in their lives. Their high esteem is based on the fact that they do not compare themselves with others. Rather, they believe in who they are. This also helps to streamline their roles relationship since everyone understands his/her position in the family and does as is appropriate to their role (IFNA, 2012). Sexuality is a very touchy issue for many people but it is something that often needs to be addressed. The issue of sexuality is a major concern for many, since people tend to have different sexual orientations. This family remains open to the issue of sexuality and everyone has the freedom to choose or decide the path he wants to follow. However, this has to fall in line with the family values which they hold dearly. Lastly, there is the aspect of coping. This family, just like many others, encounters daily challenges. However, it has managed to come through all of them. The reason cited by the members is because they believe in the harmony and unity of a family. Therefore, the problem of one is a problem for all. The family works with the philosophy of one for all and all for one. This is what has made the family stand all along besides the challenges they face (Ritchie, 2012). As it pertains to diagnosis assessment can be very helpful. In diagnosing this family, there are two main nursing diagnoses that can be reached at. These are in line with the International Family Nursing Organization (2012). These two are emotional readiness as well as the status and function. These two seem to be very consistent in this family. They are as indicated in the paragraphs below. The emotional well-being of a person goes a long way in terms of having good physical health. On the emotional status, IFNA (2012) talks of the emotional readiness where the people are ready to change or take up traits that can help the family to function normally. The emotional status has it that a family is ready to take up the health options available. On this aspect, the family proved to be ready for the changes that would benefit it. Most of the members agreed that they were ready to adopt healthier practices that could improve their health. For instance, they acknowledged that they needed to be more vigilant in exercising and physical activity. This was a good status of mind. Sometimes if a person displays destructive behavior there needs to be a willingness to improve and change. Despite the willingness to change, a challenge that faces this family is the status and function. According to the IFNA (2012), this diagnoses has it that a family or individual should have the will to change. However, the circumstances are not favorable. This is the same case that applies with the family. All the members are ready and willing to change and adopt the healthy options. However, they do not have the time in which they can undertake these activities. All they have is the willingness to change but the factors around them do not allow them to. In conclusion, this essay has looked at the family health assessment. It has defined how a family diagnosis can be done and the factors affecting it. This has been followed up by a case study looking at a real family and performing a health analysis on it. From the discussion, it has come out quiet clearly that family assessment should be based on the health and functionality of the family as a unit. For this reason, the family health model comes in handy as an assessment method. This was as seen in the case study which reveals the need for a comprehensive family assessment. It leads to the realization of all factors affecting a familyââ¬â¢s health and functionality; hence coming up with proper intervention strategies.
Saturday, October 26, 2019
Windows Xp :: Information Technology Operating Systems
Windows XP In 2001, Microsoft introduced Windows XP (codenamed "Whistler"). The merging of the Windows NT/2000 and Windows 95/98/Me lines was achieved with Windows XP. Windows XP uses the Windows NT 5.1 kernel, marking the entrance of the Windows NT core to the consumer market, to replace the aging 16/32-bit branch. Windows XP is the longest version of Windows ever released between upgrades, from 2001 all the way to 2007 when Windows Vista was released to consumers. The Windows XP line of operating systems were surpassed by Windows Vista on January 30, 2007. Windows XP is available in a number of versions: â⬠¢ "Windows XP Home Edition", for home desktops and laptops (notebooks) â⬠¢ "Windows XP Home Edition N", as above, but without a default installation of Windows Media Player, as mandated by a European Union ruling â⬠¢ "Windows XP Professional", for business and power users â⬠¢ "Windows XP Professional N", as above, but without a default installation of Windows Media Player, as mandated by a European Union ruling â⬠¢ Windows XP Media Center Edition (MCE), released in November 2002 for desktops and notebooks with an emphasis on home entertainment o Windows XP Media Center Edition 2003 o Windows XP Media Center Edition 2004 o Windows XP Media Center Edition 2005, released on October 12, 2004. â⬠¢ "Windows XP Tablet PC Edition", for tablet PCs (PCs with touch screens) o Windows XP Tablet PC Edition 2005 â⬠¢ Windows XP Embedded, for embedded systems â⬠¢ "Windows XP Starter Edition", for new computer users in developing countries â⬠¢ Windows XP Professional x64 Edition, released on April 25, 2005 for home and workstation systems utilizing 64-bit processors based on the x86-64 instruction set (AMD calls this AMD64, Intel calls it Intel 64) â⬠¢ Windows XP 64-bit Edition, is a version for Intel's Itanium line of processors; maintains 32-bit compatibility solely through a software emulator. It is roughly analogous to Windows XP Professional in features. It was discontinued in September 2005 when the last vendor of Itanium workstations stopped shipping Itanium systems marketed as "Workstations". o Windows XP 64-bit Edition 2003, based on the Windows NT 5.2 codebase. Windows XP has many features not found in previous versions of Windows. Windows XP provides new and/or improved drivers and user interfaces for devices compared to Windows Me and 98. On old versions of Windows, when users upgrade a device driver, there is a chance the new driver is less efficient or functional than the original. Reinstalling the old driver can be a major hassle and to avoid this quandary, Windows XP keeps a copy of an old driver when a new version is installed.
Thursday, October 24, 2019
The Lottery by Shirley Jackson
ââ¬Å"The Lotteryâ⬠by Shirley Jackson opens on a warm June day in a town of about three hundred people, and describes an annual event in the town, a tradition that is apparently widespread among surrounding villages as well. While the townspeople, more than 300, await the arrival of Mr. Summers, and the black wooden box from which everyone is to draw a folded slip of paper, adults chat while children play a game in which they gather stones. The event for which they gather is a lottery conducted by Mr. Summers, a neatly dressed, jovial business man with a wife, but no children. Although many traditional customs associated with the lottery seemed to have been lost over time, Mr. Summers still has â⬠a great deal of fussing to be doneâ⬠before he declares the lottery open. He has created lists of households, including the heads of households in each family, and members of each household in each family. Just as Mr. Summers turned to the assembled villagers, Mrs. Tessie Hutchinson, a house wife, arrives late just then, telling Mrs. Delacroix that she ââ¬Å"Clean forgot what day it wasâ⬠until she noticed that her children had left her house, and remembered it was the day of the lottery. Mrs. Tessie Hutchinson than makes her way through the crowd to her husband, while the villagers comment on her arrival. Mr. Summers begins the necessity of confirming everyoneââ¬â¢s attendance, and clarifying whom will represent the family. When everything is finalized , each representative is called up one after another, and nervously draws a folded slip of paper from the black box. While people are called up, one of the villagers presents the idea of other towns giving up the lottery. Old Man Warner snorts in reply, ââ¬Å"Pack of crazy fools, Listening to young folks, nothing's good enough for them. Next thing you know, they'll be wanting to go back to living in caves, nobody work anymore, live that way for awhile. Used to be a saying about ââ¬ËLottery in June, corn be heavy soon.' First thing you know, we'd all be eating stewed chickweed and acorns. There's always been a lottery.â⬠This statement sets the importance of this annual event, and the strong beliefs of the town. When the big moment arrives, everyone is silent until the name of Bill Hutchinson rapidly spreads throughout the crowd. Tessie Hutchinson, Billââ¬â¢s wife, shouts out to Mr. Summers that he didnââ¬â¢t give Bill enough time, and that its not fair. Tessie is silenced, and Mr. summers recons for the family of Bill Hutchinson to come forward. Bill, Tessie, and their three children than proceed as every family of the lottery ever has, and draws a new folded piece of paper from the black box. One by one the family unfolds their piece of paper to determine the sacrificed. Tessie Hutchinson , the declared winner, was led to the center of a cleared space, and with her hands desperately held out in front of her she was hit with the first stone. Everyone then closed in on her, picked up the rocks, the ââ¬Å"proceedsâ⬠of the lottery, and stones her to death. ââ¬Å"Although the villagers had forgotten the ritual, and lost the original black box, they still remembered to use stones.à ¢â¬ The Lottery by Shirley Jackson There are many characters that are named in Shirley Jacksonââ¬â¢s short story, ââ¬Å"The Lotteryâ⬠. Mr. Summers, a kindly man who runs a coal business, Mr. Martin and his sons, Baxter and Bobby. There is Mr. Graves, the man who helped Mr. Summers prepare the lottery, and Old Man Warner. There is Mr. Hutchinson, Mrs. Hutchinson, and their daughter Eva and son-in-law, Donââ¬âjust to name a few. And although Jacksonââ¬â¢s story has many characters, she is most interested in the social phenomenon of the lottery than she is in the characters, themselves. Instead, the characters serve as a means to depict ââ¬Å"a graphic demonstration of the pointless violence and general inhumanity in peopleââ¬â¢s livesâ⬠(213). From the start of the story, throughout, and in the end, Jackson defines her view of societyââ¬â¢s insouciant attitude toward violence with the villagersââ¬â¢ apathetic way of life. Every year on June 27th, the families of the village (and of other towns, too) gather in the center of town and participate in a lottery which culminates with the stoning death of a member of one of the families. This heinous tale takes place amid a pleasant setting, ââ¬Å"The morning of June 27th was clear and sunny, with the fresh warmth of a full-summer day; the flowers were blossoming profusely and the grass was richly greenâ⬠(213). She writes of the children playing and little boys gathering stones that are stockpiled and guarded and ready for the kill. Jackson stupefies the reader as she describes how the lottery is meticulously prepared by Mr. Summers and Mr. Graves, with such pomp and circumstance: ââ¬Å"There was a great deal of fussing to be done before Mr. Summers declared the lottery openâ⬠(214). Then thereââ¬â¢s poor Mrs. Hutchinson, who, in her ominous late arrival, is greeted by Mr. Summers, ââ¬Å"Thought we were going to have to get on without you, Tessieâ⬠, and she jokingly replies, ââ¬Å"Wouldnââ¬â¢t have me leave mââ¬â¢dishes in the sink, now would you, Joe? â⬠(215). It is this kind of small-talk among the villagers that makes this incredulous social phenomenon more significant than the characters. As fate would have it, Mr. Hutchinson draws the slip of paper with the black dot on it. ââ¬Å"You didnââ¬â¢t give him time enough to take any paper he wanted. I saw you. It wasnââ¬â¢t fair! â⬠(217). Fair? Because her husband draws the paper with the black dot on it, it is inevitable that someone from her family or even herself, will be stoned to death. ââ¬Å"Be a good sport, Tessie. All of us took the same chanceâ⬠(217). Even the innocent children are included in the lottery. Do these people have any sense of right or wrong? Tessie Hutchinson draws the paper with the black dot on it. Her neighbors, her friends, ââ¬Å"and someone gave little Davy Hutchinson a few pebblesâ⬠(218), with which to hurl upon his mother. This sick ritual spares no one. The mere thought of this annual lottery is mind-boggling. The matter-of-fact way in which the villagers carried themselves throughout the event as though they are conducting an election of some sort is unconscionable. Jacksonââ¬â¢s writing is brimming with obdurate expressions. As the stoning begins, ââ¬Å"All right, folks, letââ¬â¢s finish quicklyâ⬠, (218). They want to ââ¬Å"be through in time to allow the villagers to get home for noon dinnerâ⬠(213). Unbelievable. Hello Lisa, I really enjoyed the insight you offered in your journal. You make very good use of the book by including a great number of citations in your essay and your vocabulary definitely adds to the readerââ¬â¢s understanding of your journal and the passage overall. While you have ample evidence to support your claims throughout your entry, I found a few grammatical and technical errors that I would like to point out: 1. ) ââ¬Å"And although Jacksonââ¬â¢s story has many characters, she is most interested in the social phenomenon of the lottery than she is in the characters, themselves. ââ¬â You do not need a comma before ââ¬Å"themselvesâ⬠, as a comma separates the thoughts and almost prepares the reader for a new thought. 2. ) ââ¬Å"She writes of the children playing and little boys gathering stones that are stockpiled and guarded and ready for the kill. â⬠ââ¬â A better way of writing this could be: ââ¬Å"She writes of children playing and gathering stones to be stockpiled, guarded, and readied for the kill. â⬠3. ) ââ¬Å"Jackson stupefies the reader as she describes how the lottery is meticulously prepared by Mr. Summers and Mr. Graves, with such pomp and circumstanceâ⬠¦Ã¢â¬ ââ¬â Again, you do not need a comma before ââ¬Å"with such pomp and circumstanceâ⬠, as you are not introducing a new thought. 4. ) Putting ââ¬Å"unbelievableâ⬠at the end of your journal weakens it a little bit as you do not further the claim and give it some evidence. Overall, I think you did a really great job answering the question and giving solid evidence to your claims. From your journal essay, I was able to see that the social phenomenon that the writer is talking about is the desensitizing of our culture as a whole! Good work and good luck for the rest of the semester!
Wednesday, October 23, 2019
Reflection on Diversity Essay
I used to have a colleague in college who happens to be born into a royal family but was very humble and down to earth. She never wanted to be treated like the princess that she was and did everything possible to fit in and be like every normal student. Most people couldnââ¬â¢t stand her because they felt she was misusing her opportunity and others were jealous of her and as a result of this most people started to avoid her and criticize everything she did and tried to make her life miserable by playing pranks on her and calling her names but she never retaliated because she was different from the rest of us. Instead she treated everyone nicely even when they treated her bad. This made me sympathize with her because I couldnââ¬â¢t understand how some people can afford to dislike somebody else so much just because she was different in a good way. It made me realize that no matter how good we are and treat others well, we shouldnââ¬â¢t expect to be treated nicely by everyone e lse because at the end of the day, what really matters is that we have a clear conscience. From the article ââ¬Å"To Be Asian in Americaâ⬠, when the Asians arrive America they began to realize that they are different. ââ¬Å"Identities get challenged and they have to deal with what it means to be American or resident Alienâ⬠, says John Kuo Wei Tchen, the founding director of the A/P/A Studies Program and Institute at New York University. Some Asian Americans relied on assimilation (a process where some of the majority groupââ¬â¢s cultural aspects are absorbed in such a manner that the home cultural aspects get lost or mitigated) as a means of blending in with American society as an attempt to escape anti-Asian sentiments that heightened during World War 11. ââ¬Å"The question about how much they wanted to or did assimilate is a question of how much they were permitted to assimilateâ⬠, says Gary Okihiro, director of the center for the study of Ethnicity and Race and a professor of International and public affairs at Columbia University. Today, ties to home remain strong for new Asian immigrants; however , many familiesà experience acculturation- the process of assimilating new ideas into an existing cognitive structure ââ¬â with U.S.- born generations. ââ¬Å"Parents would like to think their children are going to be very embracive and very welcoming of their of the parentsââ¬â¢ own cultureâ⬠, says Franklin Ng, a professor in the anthropology department of California state University ââ¬â Fresno. ââ¬Å"Parents may have these kinds of supportive mechanisms, encouraging them to go to a temple, or ethnic church, so their children will become familiar with their ethnic culture but the youth are having their own trajectory. Looking at Social Class: The fiction of Meritocracy, The most popular measures of class are income and wealth. It is also measured by educational achievement and occupational prestige. Classism results from prejudices based on false assumptions. Despite widely held perceptions, social class mobility in the United States is far from fluid. Those born with few resources face serious obstacles in their efforts to achieve higher economic and social status. Those born into privilege are given a head start in life with many extra boosts along the way. Once it is recognized that merit has only a small role in determining oneââ¬â¢s place on the social ladder, the foundation of classroom crumbles. References Harvey, C. P., & Allard, M. J. (2012). Understanding and managing diversity: Readings, cases, and exercises (5th ed.). Upper saddle River, NJ: Prentice Hall. Devry University (2014). Week 3 Lecture: Identity and Difference SOCS-350N. Retrieved from www.devry.net
Tuesday, October 22, 2019
How to Write an Amazon Book Description That SELLS
How to Write an Amazon Book Description That SELLS How to Write an Amazon Book Description That Sells Selling books is a result of two factors: traffic and conversion. While the Amazon book description won't affect traffic (i.e., discoverability), it's one of the most important conversion factors (along with the cover, the reviews, and the "look-inside").For example, author Alessandra Torre self-published her first book on Amazon in 2012, and for the first three months of the release, she sold between five and fifteen copies a day. Then, on a whim, she changed the blurb on her Amazon page and saw her daily sales jump to 300 overnight. Her sales kept doubling to the point where she was selling 2,000 copies a day!What does this tell us? That optimizing your book description for online retailers is critical if you want to actually move copies. In this post on how to write a book description, weââ¬â¢ve condensed the process - for both fiction and non-fiction authors - into three steps:1. The Headline: Hook readers inAmazon only displays the first few lines of your product description, meaning you have very limited space to capture a readerââ¬â¢s attention enough to click on your book and find out more. Thatââ¬â¢s the role of the headline: if a readerââ¬â¢s attention isnââ¬â¢t grabbed straight off the bat, then youââ¬â¢ve already lost them.Having an effusive and descriptive pull quote for your first line is really effective, and youââ¬â¢ll see the technique used time and again by bestsellers and newcomers alike. Whether your reviews are editorial or reader reviews from Amazon or Goodreads, add them into your description. Word-of-mouth recommendations are great conversion tools.However, if you donââ¬â¢t have any suitable reviews or sales stats to speak of (yet), make sure that your first sentence fea tures a snappy, irresistible hook. The key to a good headline is to include keywords that people on the hunt for their next read will immediately recognize. This could be:GenreMajor themesA series nameAwardsBrands or celebrities involvedTIPS FOR FICTIONâ⬠¦Hereââ¬â¢s an example of a self-publishing author using social validation to hook readers in. ââ¬Å"The million-selling series starts here,â⬠it says, letting readers know that these books are really popular.Sinceroââ¬â¢s description uses slightly more formal language for the previous sections of the Amazon page, while sheââ¬â¢s still laying the groundwork for acquiring reader trust. She closes the deal by speaking more directly and causally to the reader, and appealing to emotion. They reiterate what readers will get out of the book and invite you to dive in.Tip for optimizing your wrap-up for Amazon: Donââ¬â¢t wait for people to leave reviews on your Amazon page - put them right in the book description your self. The wrap-up is a great place to include them, and if you already have a relationship with some of your reviewers, you can always ask them if you can amend their review slightly to include any keywords you havenââ¬â¢t hit yet. The three steps for writing an Amazon book description that sells. #pubtips And there you have it! Work on your attention-grabbing headline, your enticing blurb, your final selling points and youââ¬â¢ve got yourself an ace book description in the making. It might take a few tries to get it right, but it's more than worth the investment.Of course, if you find that your book is still underperforming even after revising your description, consider working with a professional who specializes in blurb and metadata optimization. These experts understand all the trends and techniques that go into a perfect description and can really help maximize your book's potential! When it comes to Amazon, your blurb and metadata are so important that you don't want to take a chance - so when in doubt, go pro.Have you picked up any of your own tricks for an effective Amazon book description? Leave any questions or thoughts in the comments below!
Monday, October 21, 2019
An Overview of the Top Awards and Honors for Economists
An Overview of the Top Awards and Honors for Economists Not surprisingly, the most prestigious award that a living economist can get is the Nobel Prize in Economics, awarded by the Royal Swedish Academy of Sciences. The Nobel Prize is, in a lot of ways, a lifetime achievement award, despite the fact that its often awarded to economists well before they retire. Since 2001, the prize itself has been 10 million Swedish kronor, which is equivalent to between $1 million and $2 million, depending on the exchange rate. The Nobel Prize can be split among multiple individuals, and prizes in economics have been shared by up to three people in a given year. (When a prize is shared, it is generally the case that the winners fields of study share a common theme.) Winners of the Nobel Prize are called Nobel Laureates, since in ancient Greece laurel wreaths were used as a sign of victory and honor. Technically speaking, the Nobel Prize in Economics is not a true Nobel Prize. The Nobel Prizes were established in 1895 by Alfred Nobel (upon his death) in the categories of physics, chemistry, literature, medicine and peace. The economics prize is actually named the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel and was established and endowed by Sveriges Riksbank, Swedens central bank, in 1968 on the banks 300th anniversary. This distinction is mostly irrelevant from a practical perspective, since the prize amounts and the nomination and selection processes are the same for the Economics prize as for the original Nobel Prizes. The first Nobel Prize in Economics was awarded in 1969 to the Dutch and Norwegian economists Jan Tinbergen and Ragnar Frisch. Many economists have been awarded since then. Only one woman, Elinor Ostrom in 2009, has won a Nobel Prize in Economics. The most prestigious prize awarded specifically to an American economist (or a least an economist working in the United States at the time) is the John Bates Clark Medal. The John Bates Clark Medal is awarded by the American Economic Association to whom it considers to be the most accomplished and/or promising economist under the age of forty. The first John Bates Clark Medal was awarded in 1947 to Paul Samuelson, and, whereas the medal used to be awarded every other year, it has been awarded in April of every year since 2009. Because of the age restriction and the prestigious nature of the award, its only natural that many economists who win the John Bates Clark Medal later go on to win the Nobel Prize in Economics. In fact, about 40 percent of John Bates Clark Medal winners have gone on to win the Nobel Prize, despite the fact that the first Nobel Prize in Economics wasnt awarded until 1969. (Paul Samuelson, the first John Bates Clark Medal recipient, won just the second Nobel Prize in Economics, awarded in 1970.) One other award that carries a lot of weight in the economics world is the MacArthur Fellowship, better known as a genius grant. This award is granted by the John D. and Catherine T. MacArthur Foundation, which announces generally between 20 and 30 recipients each year. 850 winners have been chosen between June 1981 and September 2011, and each winner receives a no-strings-attached fellowship of $500,000, paid out quarterly over a five-year period. The MacArthur Fellowship is unique in a number of ways. First, the nominating committee seeks out people in a wide variety of fields rather than focusing on a particular area of study or expertise. Second, the fellowship is awarded to individuals who exhibit a capacity to do creative and meaningful work and is thus an investment in future results rather than simply a reward for past achievement. Third, the nominating process is very secretive and winners are unaware that they are even under consideration until they receive a phone call telling them that theyve won. According to the foundation, over a dozen economists (or economics-related social scientists) have won MacArthur Fellowships, beginning with Michael Woodford in the inaugural year. Interestingly, six MacArthur Fellows (as of 2015) - Esther Duflo, Kevin Murphy, Matthew Rabin, Emmanuel Saez, Raj Chetty, and Roland Fryer- have also won the John Bates Clark Medal. Despite there being significant overlap among the recipients of these three awards, no economist has achieved the triple crown of economics yet.
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