The amazing adventures of kavalier and clay Essay

The amazing adventures of kavalier and clay - Essay Example With these ideas, they come up with a symbol of the two- The Escapist. This paper will look into the unfolding in the book giving a clear understanding of the same. The Escapist is the alter ego of Joe and Sam in several ways. Joe is a trained escapist. As such, he is able to escape most of the challenging things he faces just like the Escapist. He manages to escape the reign of the Nazis in Prague. He even uses his artistic creativity put the experience on paper. There are instances were he also escapes. The happy relationship he had with Rosa, for instance. He also escapes the carbon monoxide poisoning, madness, his family, as well as, Sammy. Joe is a real-life escapist in the novel. Sammy escapes from reality through daydreaming. He manages to escape from having to travel with his father. Another instance where Sammy’s escapism is manifested is when he escapes from providing for his family; mother and grandmother. However, his escapist nature is brought out more clearly when he escapes from the reality of his being homophobic. When he is publicly said to be a homosexual, he is relieved. The alter ego is crucial for the Escapist. This other self revealed in the escapist gives a leeway for the escapist to avoid some situations that are challenging. Realism is heightened with the escapist roaming the world to rescue those chained by despotism. An insight of the lives of Joe and Sammy is brought out. Escapism and their alter egos play vital roles in bringing out the stories of their lives. The feelings of these characters are brought out in many instances. Feelings of guilt on exuberant living are felt by Sammy. His sexual orientation is also brought out revealing some of the intimate issues affecting the characters. Love and happiness is also explored within the escapism theme. Both Joe and Sammy find love in Rosa and Tracy. Joe leaves Rosa after he fails to protect his brother. He considers himself a failure thus the

Central bank interventions and foreign exchange rate volatility 01291 Essay

Central bank interventions and foreign exchange rate volatility 01291 - Essay Example Some researchers are on the opinion that such intervention policies are ineffective and may lead to increase the degree of foreign exchange volatility whereas other academic intellectuals sighted that central bank volatility can become the potential reason behind reducing exchange rate volatility. Another consensus views central bank intervention as ineffective and a waste of taxpayers’ money. In this paper the effect of central bank intervention, exchange rate regimes and currency risk hedging decisions will be analysed in order to evaluate whether the central bank intervention impacts positively on the level of volatility of foreign exchange rate or not. Central bank intervention has always been a controversial policy among all researchers across world. According to a report from Wall Street Journal, central bank intervention is not only futile to manage exchange rate but also perilous as it may increase volatility of exchange rate. However, it is also evident that in some cases such intervention has a positive or limited effect of such volatility as well (Suranovic, 2004). During the period of Bretton Woods Exchange Rate System, central bank intervention had become necessary each time the exchange rates surpasses their parity bands. In 1973, after the dissolution of this exchange rate system, the intervention policy became country specific. In 1977, International Monetary Fund (IMF) formulated three distinct guidelines for its member countries to bring uniformity in the intervention practices. First, countries were not authorized to manipulate exchange rate for adjusting their Balance of Payment (BOP) or for gaining any discriminat ory competitive advantages. Secondly, countries were legitimated to intervene only for countering the disorderly market conditions and finally, countries were directed to always take into account the exchange rate interests of other