Sunday, October 13, 2019
The Greek hero vs. The Anglo-Saxon hero :: Comparison Compare Contrast Essays
The Greek hero vs. The Anglo-Saxon hero The hero stands as an archetype of who we should be and who we wish to be. However, the hero has inherent flaws which we do not wish to strive towards. In literature, these flaws are not used as examples of what we should be but rather as examples of what not to be. This is especially dominant in the Greek hero. While the Greek hero follows his fate, making serious mistakes and having a fairly simple life, the Anglo-Saxon "super" hero tries, and may succeed, to change his fate, while dealing with a fairly complex life. The Greek hero is strong and mighty while his wit and intelligence are highly valued. In the Greek tragedy, the hero struggles to avoid many flaws. Among these flaws are ambition, foolishness, stubbornness, and hubris-the excessive component of pride. He must overcome his predestined fate-a task which is impossible. From the beginning of the tale, it is already clear that the hero will ultimately fail with the only way out being death. In Oedipus, the hero is already c onfronted with a load of information about his family and gouges his eyes out. At this point, when he tries to outwit his fate he has already lost and is sentenced to death. The Anglo-Saxon hero must also deal with his "fate" but tries, and usually succeeds, to change it. While the Greek hero battles his fate with his excessive pride and intelligence, the Anglo-Saxon hero tries to eliminate his doom by force. The Anglo-Saxon hero is considered a barbarian of sorts due to his sometimes unethical and immoral views and courses of action. At the end, the Anglo-Saxon succeeds in altering his fate though. The Greek hero is so normal, that the reader can relate to him. He is usually a "common" human being with no extraordinary life. His story seems believable, even possible. We would have no hard time imagining the hero's conflict as being ours. As in the case with Oedipus, we can understand how he feels it would be possible for his circumstances to be applied to our lives. Although the details may seem a little farfetched it is not impossible that there is some truth to the story. On the other hand, the Anglo-Saxon hero, being super-human, is especially difficult to relate to. The Anglo-Saxon may reach the same pedestal as a God.
Saturday, October 12, 2019
Goals in the Movies Center Stage and Miracle Essay -- Films Movies
Goals in the Movies Center Stage and Miracle Dreams and goals are one thing that everyone has in common. Everyone has a dream or goal that they strive for; whether it takes a couple days to accomplish, or a lifetime, everyone has at least one. The movies Center Stage and Miracle tell two different stories of triumph, using determination and the inner belief of oneself, to overcome the obstacles standing in the way of their dreams. In both of the movies they show that it takes a great deal of effort and time to reach ones goals, but everyone can accomplish them as long as their minds are set on them. In the movie Center Stage there are many characters that are trying to live their dreams. It is about a group of young kids that tried out and made it into the best ballet academy. It shows the pain, heartbreak, and tears that it took them to discover themselves and follow their dreams. Jody Sawyer is the main character in the movie. She makes it into the academy but nobody understands how she got in. They all say that she has ââ¬Å"bad feetâ⬠(Center Stage) and does not have the ââ¬Å"perfect body typeâ⬠(Center Stage). Jody makes herself practice hard and watches what she eats to get the appreciation that she deserves from her fellow ballet dancers and the instructors of the academy. She succeeds in doing this; her determination and discipline paid off. At the Companyââ¬â¢s final dance recital she gets a standing ovation from the whole crowd; everyone was left in awe. Jody accomplished her dream in becoming an amazing ballet dancer. The movie Miracle deals with the dreams and ambitions of the United States Olympic ice hockey team. It is a true story about courage, and ambition that lead them... ...llet dancer. In this wonderful world, dreams and goals can be achieved one way or another. There is so much opportunity in this country for everyone to succeed. The main thing that people need to remember is that it takes time and effort. Anybody can be anything they want to be; no matter what class they are in, how much money they have, or what their grandparents or parents do. It is up to the individual to set their minds to it. People just need to take advantage of all the great opportunities there are in this country. Not everyone has this many opportunities to succeed, so they need not let it pass by. With all the great universities and jobs out there, there is no reason that people should be just standing on the streets with no money to buy food or shelter. A goal just needs to be set and then the determination and discipline comes next.
Friday, October 11, 2019
The Contribution to Economics of Each of the Following
ââ¬Å"Many Economists have tried to establish why the economy performs as it does and want to have a basis for predicting how the economy will perform when circumstances changeâ⬠. (Nagel, S pg 1 1999) Economists are just people after all, who have lived through different times and experiences in their lives, thus leading to different values and views. George Bernard Shaw once said that ââ¬Å"If all economists were laid end to end they would not reach a conclusionâ⬠,(cited in Mankin, Taylor 2006) In this essay we will look at what contributions each of the above economists have made, keeping in mind the era in which they lived . Reputed to be the father of ââ¬Å"The Classical Schoolâ⬠of economics, the Scottish born Adam Smith (1772-1790) was a supply side economist. ââ¬Å"He attributed economic expansion to expanding production and trade with expanding demand as a by-product and consequenceâ⬠(Jacobs, J 1985 p12) He promoted the invisible hand of free enterprise, which showed that individuals in pursuing their own selfish interest could benefit society. In other words, if people wish to sell, they must produce what others require at a price that they are prepared to pay. (Palmer. N, 1990). He also advocated the ââ¬Å"Laissez-faireâ⬠approach, which means that the government should only get involved in the economy in order to raise monies for the upkeep of infrastructure, to sustain the legal system and to defend the country. In Smithââ¬â¢s book ââ¬ËAn inquiry into the nature and causes of the wealth of nationsââ¬â¢ which was published in 1776, he covered the previous two concepts as well as the division of labour and the function of markets. Division of labour was not a new idea but Smith believed it to be very important as a way of increasing wealth. According to Delaney, Smith established the 4 canons of taxation. ââ¬Å"Firstly, the tax levied on each person should be related to the personââ¬â¢s ability to pay. Secondly, the amount of tax which a person must pay should be certain and clear. Thirdly, the manner and timing of payment of taxes should have regard to the convenience of the tax payer. Finally, the cost of collection should be small relative to the yieldâ⬠. (2008) Another belief of Smiths was the Labour Theory of Value, which means the value of a product is equal to the value of the labour involved in its production. Delaney. N 2008). Smith believed that there was a distinction between productive and non-productive labour. Teachers, engineers and people with similar professions were considered to be non-productive as they did not produce goods for resale or create funds for reinvestment. Smith also introduced the ââ¬Å"value in useâ⬠and the ââ¬Å"value in exchangeâ⬠of a product (the paradox of value). Twenty years after Smiths death his writings and theories were embraced by the next generation of writers and economists who established Smith as the founder of economic science. It has been said that before Adam Smith there had been much economic discussion, but with him it reached the stage of discussing economics. (Palmer, N) The classical school of thought was later developed and refined by Thomas Robert Malthus (1766-1834) and David Ricardo (1772-1823). Both were English born and were followers of Smithââ¬â¢s theories. Malthus is known for his famous ââ¬Å"Essay on the Principles of Population as it affects the Future Improvements of Societyâ⬠published in 1798. At this time in history the Industrial Revolution was taking place which meant more people were moving from rural areas into urban areas. Malthus saw many slums being created with food, water and sewage becoming a huge problem. In his essay, he laid out how the population would grow by a geometric progression, while food supply would only grow by an arithmetic progression. He identified that there should be a check on the growth of the population. These checks included positive checks which involved death through war and disease or preventative checks which meant people should have fewer children. He advocated the wages fund theory. The idea behind this theory was that payment to workers in excess of the subsistence level would lead to an increase in the size of the workers families thus causing the worker to be brought down to a subsidence level of existence. (Palmer) This idea dominated for over a century. It was very popular with employers as it allowed them to pay lower wages and to feel justified in doing so. He is linked with the theory of the ââ¬Å"Paradox of Thriftâ⬠meaning that if people save consumption decreases, leading to over-production. To counteract this problem, he advised the government to spend monies on non-productive areas such as the building of parks in order to create the circulation of money and therefore stimulate demand. (Delaney) Malthusian theories are still relevant today in some areas of the LCDââ¬â¢s (lower developed countries) Like Malthus, Ricardo too accepted the wages theory and introduced the concept of ââ¬Å"economic rentâ⬠. The idea behind this rent was ââ¬Å"any payment to a factor of production above its supply priceâ⬠(Delaney) For example during the Napoleonic wars, Europe turned to Britain for its food supply. This created huge demand and it became very profitable to produce food. In order to produce as much food as possible, landowners were now using less fertile land which had not been used before for food production. This increased the demand for land thus driving up the rent, especially the rent for the more fertile land. He thought that agriculture was very important and industry depended on it. Ricardo inspired by ââ¬Å"Sutterââ¬â¢sâ⬠books developed the law of comparative advantage. This formed the basis of international trade. He believed in free international trade as it gets the maximum out of resources thus increasing income (Nagel) Karl Marx was born in Germany in 1818. He expressed his revolutionary socialist ideas in his two main publications the Communist Manifesto and Das Kapital. Marx basic economic beliefs were very alike the Classical economists, in that he supported a labour theory of value but his approach was completely different. Marx wanted things to change in such a way that would help to improve working conditions for the working classes. He did not believe in the ââ¬Å"invisible Handâ⬠and was more concerned with change and evolution throughout society. He believed communism would replace capitalism and that workers would have full control over all means of production leading to a more even allocation of wealth. He believed that the value of a good was the value of the amount of labour necessary to produce it. Therefore the value of goods produced by the worker was more than the wages paid to the worker, the difference being a surplus or profit to the employer. Marx argued that this was exploitation of the workers by their capitalistic employers. Believing that the capitalists were profit hungry, Marx stated that the demand for labour would amplify which would in turn cause wages to rise. The rise in wages above subsistence level would lower the capitalistââ¬â¢s profits therefore causing them to look for ways in which to lower their wage costs. Many employers would start introducing new labour saving machines in order to save money. As the machines would replace labourers this would lead to a rise in unemployment thus leading to lack in demand for goods produced. As more workers became deskilled and redundant their bargaining power for better wages weakened leading to a two tiered society namely ââ¬Å"the proletariatâ⬠(working classes) and ââ¬Å"the capitalistsâ⬠classes. Marx believed that the working classes would rise up and overthrow the capitalistsââ¬â¢ regime. The workers would then be in control of the factors of production. He predicted the emergence of oligopolies and trade cycles. Marx died in London in 1883. The introduction of maths to illustrate economic theory or as it is better known now as econometrics was introduced by the English born Alfred Marshall (1842-1924). He introduced the law of diminishing marginal utility and coined the term elasticity to describe the response of demand to the small changes in price. He put forward the well-know scissors analogy, likening the demand and supply to the two blades of a scissors interdependent on each other. He pointed out that there was a difference between the long run and the short run for production purposes. Recognising that in the short run at least one factor of production would be fixed in contrast to the long run where all factors of production were changeable. Marshall came up with the concept of quasi rent, which was economic rent earned by labour in the short run and which disappeared in the long run by the increase in the supply of that labour. He believed in a free enterprise economy with some government intervention for example the introduction of government controls and consumer education. Marshallââ¬â¢s theories were hugely influential; in fact his book the Principles of economics (1890) was the main textbook for students of economics up to the great depression of the 1930ââ¬â¢s. (Delaney) John Maynard Keynes (1883-1946) was an Englishman who became one of the most influential economists of the twentieth century. ââ¬Å"His influence on economics was so great that the boom the Western industrial countries experienced between 1945 and 1975 has been termed the ââ¬Å"Age of Keynesâ⬠. (123HelpMe. com) Keynesian theory advocated the exact opposite to the Classical ââ¬Å"Laissez-faireâ⬠approach. According to Delaney,R 2008, Keynes was a demand side economist, who stressed that economies could be regulated by government fiscal policy. He believed that budgetary policy should be the main economic instrument used in the control of the economy. During the Great depression, Keynes became the life saver of the American economy. His main objective was to come up with a solution for the mass unemployment during this terrible time. In his book The General Theory of Employment, Interest, and Money (1936), Keynes put forward that there could be equilibrium at less than full employment. He stressed that by increasing government expenditure in areas like public works, this could help increase total spending thereby helping to bring economic activity to the full employment level. (Palmer,N. 1990). Keynes also introduced the multiplier effect, which means the National Income would rise by some multiple of the initial injection of government expenditure. (Nagle, S 1999) Keynes developed the liquidity preference theory of interest rates and also explained that savings and investments were not always equal to each other. (Delaney, R 2008). Keynes theories are still relevant to this day. Milton Friedman was born in American in 1912. He tried to make economics more user friendly to the layperson. His theories were in direct opposition to Keynes. He wrote many books but his main publications were ââ¬ËInflation, Causes and Consequencesââ¬â¢ and ââ¬ËA Monetary History of the United States 1867-1960ââ¬â¢. ââ¬Å"His theories first attracted national attention in the 1970s, when the combination of inflation and stagnant economic growth ââ¬â stagflation ââ¬â undercut the dominant Keynesian policies of the post-war decadesâ⬠. Friedman was a monetarist and he argued that monetary policy rather than fiscal policy should be the main tool used to control the economy. Monetarists believe that increases in the money supply results in an increase in prices rather than an increase in the level of output. They argue, like the classical approach, for no government intervention in the economy, that free-market forces should be relied on to bring the economy into equilibrium. He promoted privatisation of all government-owned or controlled businesses. Removal of inflation is a greater priority to the monetarists rather than the removal of unemployment. (Delaney) In 1976 Friedman won the 1976 Nobel Prize in economics. ââ¬Å"An advocate of personal liberty, free markets, deregulation, and reduced government intervention in the economy, he has seen his ideas on issues as Social Security privatization, welfare reform, and school vouchers become part of national political debateâ⬠.
Thursday, October 10, 2019
When I Was a Lad
Throughout my life, a number of events have happened that I have never forgotten. None of these things are particularly important, but each of them have made such an impression on me that I have never been able to get them out of my mind. Each of them have remained seared on my memory. The first occurred when I was about five or six years old, every weekend my family and I would go into town to do the weekly shopping. My sisters and I would each be given a pound with which to buy an ice cream. If we had any change left over, we would go to a nearby sweet shop and buy a small pick ââ¬Ën' mix. However, one day, we passed by a bookshop which was filled from floor to ceiling with shelves upon shelves of books and magazines. In the window, was the 1992 Beano Annual which I wanted more than anything in the world. I used to buy the Beano comic every week on the way home from school with the change from my dinner money. I pleaded with my parents to buy me it but they told me that I would have to save up my change from my ice cream every week until I had enough money to buy it myself. My elder sister had also seen a book she liked and so decided to save up her money as well. So every weekend I would purchase a small ice cream instead of a large one so as to receive more change. However, my sister still purchased a large ice cream so she received less change than me. After a month or two of saving, my father took my sister and I back to the bookshop. I was quite confident that I would have a bit of money left over and I was correct, after I had purchased the Beano Annual I had a pound to spare. However, when it came to buying my sisters book she was just under a pound short of purchasing it. I thought that it served her right for being so greedy by purchasing a large ice cream every week. However, she started to cry, right in the middle of the shop. People were turning around and staring at us, so my dad took my pound off me and gave it to my sister! I was outraged! I hadn't had small ice creams all those weeks while she had large ones just so I could give my money to her! I stormed out of the shop and ran away as fast as I could, but my father soon caught up with me and gave me a good telling off before dragging me home. Now that I look back, I don't see why I made such a big deal about it. The next thing that stands out in my mind, happened two or three years later when my family and I went on holiday to Majorca. We stayed in an apartment on the top floor of the building that was directly next to the beach. The sun beamed down on us every day that we were there so we were on the beach most days. The beach was in a secluded bay in Porta Pollenca and the water was a lot warmer than at any British beaches. A couple of days into the holiday, my elder sister and I rented a pedalo. A pedalo is a funny looking rowing boat that is sailed by means of pedals and steered by a sort of joystick. We decided to pedal out into the middle of the bay where there was a small rocky island that would only be able to hold about three people at a squeeze. It took about five minute to reach the tiny island and we decided to get out and sit on it. We sat and looked out back at the beach and talked for what must have been about five minutes. My sister looked at her watch and said that we should be going as our parents would be wondering where we were so we turned around to get back into the pedalo only to find that it had gone! We looked around the bay and saw that it had floated quite a long way away, we were stranded! None of us could swim very well so we couldn't swim out to the pedalo. It was then that a large green crab crawled up onto the rock. My sister is afraid of anything with eight limbs, spiders and crabs alike, so she started to scream at the top of her voice and jump up and down, flailing her arms around. Everybody on shore started to point and stare at us. In the end, someone phoned the lifeguard and they came out and took us back to shore, it was so humiliating! It is memories like these that have shaped me into who I am today. I still have the 1992 Beano Annual up in the attic along with photographs of my holiday to Majorca. But in several years time, when these things are covered in layers of dust and are just about ready to fall apart, the memories that they have given me will live on for eternity in my mind, and when I'm old and senile, I can torture any grandchildren I may have by regailing them with tales of ââ¬Ëwhen I was a lad'.
Wednesday, October 9, 2019
A technique called method acting
A technique called method acting The controversy surrounding emotion training such as method acting still remains a poignant subject when discussing actor training (Chabora) but despite its controversy the technique called method acting is still popular, particularly in America where it was created (20thC training). In Method acting, the body is encouraged to respond to a series of stimulus that the actor has collected throughout their training. It emphasizes the importance of authenticity in a make-believe world. (method acting Krasner p5) The technique was developed using some of the ideas of Stanislavskiââ¬â¢s system but has evolved over time with the input of various actors and directors (20thC training p129). The teaching of the method in America was instigated by Stanislavskiââ¬â¢s students Richard Boleslavsky and Maria Ouspenskaya, their aim was to train actors to find depth in their characters. (20thC training p130) One of their students, Lee Strasberg became one of the founding members of Group Theat re (20thC training p130) whoââ¬â¢s ethos promoted the use of real emotion on stage as opposed to it being suggested (20thC training p130). Despite, being director most associated with the method (20thC training p134) Richard Hornby (2002) states that even though Strasberg used Stanislavskiââ¬â¢s name in order to advertise his own method of teaching, Boleslavsky was Strasbergââ¬â¢s sole link to them (end of acting p182). It was Strasbergââ¬â¢s belief that emotions are the most fundamental tool in the actorââ¬â¢s repertoire. (Chapora p231) He looks in particular at psychological processes, and is primarily concerned with the actorââ¬â¢s process rather than performance (20thC training p129). It is Strasbergââ¬â¢s affective/emotion memory that is his most controversial technique derived from Stanislavskiââ¬â¢s work on Ivan Pavlovââ¬â¢s research (20thC training p135). This technique highlights the importance of actors using their own experiences and beliefs enc ouraging the actor to live the life of the character (20thC training p130). He believed the body to be stimulated by recalled experiences (20thC training p134) and affective/emotion memory exercise puts this belief into practice. It encourages the actor to remember corporeal feelings by way of examining personal cues, such as an object which holds emotional connotations for them. The next stage is bringing to mind memories (method acting Krasner p12 because as Strasberg noted, the most valuable memories are those buried deep in the actorââ¬â¢s subconscious. He suggests that the further back you explore, the more intense the memory. (Chabora p231) A common misconception about Strasbergââ¬â¢s affective/emotion memory is that it is the actor aim to remember the emotion contained within a memory, but this is not the case. The actor, instead of concentrating on how the event made them feel, remembers other details such as sight, sounds and smells (Chabora p231) which then cause the emotion to develop organically because ââ¬Å"remembering a ââ¬Ësituationââ¬â¢ in all of its vivid, sensory detailsâ⬠¦evokes a rich nexus of images that then facilitates a feeling responseâ⬠(cognitive neuroscience P44). Each exploration into the ââ¬Ësensory detailsââ¬â¢ of a memory helps to build a collection which can be used during the actorââ¬â¢s process. (Chabora p231). Strasberg himself understood the risk of using this technique; only allowing people to train after studying their psychiatric records (Chabora p233) and also acknowledged that the emotional intensity of the memory may change over time. (Chabora p233)
Tuesday, October 8, 2019
The use of managerial accounting in any industry Essay
The use of managerial accounting in any industry - Essay Example This accounting branch embraces accounting systems, methods, and techniques that can help the organization maximize its profits or minimize losses. Scholars opine that management accounting is the presentation of accounting information in a way that would assist the top management to create potential policies for managing its daily operations. Management accounting is not confined to financial management information, but it is about comprehensive information about overall organizational activities. It is evident that financial management alone is not capable of providing necessary information for performing managerial functions effectively. In contrast, management accounting is able to provide key information about cost, profits, and factors which are useful for the management to discharge their functions effectively. Management accounting can be considered as an extension of the management aspects of the cost accounting, and it is based on the principles of both cost accounting and financial accounting. It seems that management accounting is relevant to fast growing sectors like automotive industry because those sectors need an uninterrupted flow of various information to ensure improved value chain efficiency. This paper will explore the uses of managerial accounting tools in the automotive industry with particular reference given to management accounting practices in Toyota Motor Corporation. ... ute of Management Accountants (IMA), ââ¬Å"management accounting is a profession that involves partnering in management decision making, devising planning and performance management systems, and providing expertise in financial reporting and control to assist management in the formulation and implementation of an organizationââ¬â¢ strategyâ⬠(ââ¬Å"definition of..â⬠). The management accounting information is different from financial accounting information in several aspects. The management accounting information is basically forward-looking whereas financial accounting information is primarily historical. In addition, managerial accounting information is model based and is particularly intended to support decision making. This type of information is generally intended for the use by business managers but not by stockholders, creditors, or the general public. Therefore, managerial accounting information is highly confidential in nature. According to the American Institu te of Certified Public Accountants, the practice of management accounting is spread to other three areas such as strategic management, performance management, and risk management. Strategic management is about promoting the management accountantââ¬â¢s role as a strategic partner in the organization whereas performance management deals with improving the performance efficiency of the organization constantly. The risk management is vital to identify and manage risks that constitute a potential obstacle to the achievement of the organizationââ¬â¢s long term objectives. A management accountant uses his professional knowledge, experience, and expertise to assist the company management to frame strategic policies and to improve operational efficiency and thereby promote value creation. Therefore, management accountants
Monday, October 7, 2019
English Legal System & Practice Essay Example | Topics and Well Written Essays - 1000 words
English Legal System & Practice - Essay Example 3) Ordinary words must be construed in their common meaning, and technical terms are to given their technical meaning, unless absurdity would result (golden rule). 4) When an Act has a curing of defect in the law for its purpose, any ambiguity shall be resolved in such a way so as to fulfil that aim (mischief rule). 5) When a list of specific items that belong to the same class is followed by general words, the general words are to be regarded as confined to the other items of the same class (the rule ejusdem generis (ââ¬Å"of the same kindâ⬠). 6) When a list of specific items is not followed by general words, it is to be regarded as exhaustive (the rule expressio unius est exclusio alterius (ââ¬Å"the inclusion of the one is the exclusion of the otherâ⬠). 7) When a prior Act is found to be ââ¬Å"on the like matterâ⬠, it can be used as an aid in construing the statute in question (the rule in paru materia, ââ¬Å"on the like matterâ⬠). 8) When a word or group o f words has uncertain meaning, its construction should proceed in the light of its surrounding words (the rule noscitur a sociis (ââ¬Å"known by its associatesâ⬠). (ââ¬Å"Rules and Principles of Statutory Interpretationâ⬠295). In addition to these rules, there exist several general presumptions with regard to interpretation of statutes. The latter are presumed: not to bind the Crown in its decisions; not to operate retrospectively in the sphere of substantive (but not procedural) law; not to infringe upon vested rights; not to interfere with the jurisdiction of the courts; and not to contravene Acts on constitutional rights or norms of international law (ââ¬Å"Rules and Principles of Statutory Interpretationâ⬠295). The aforementioned rules of statutory interpretation may be illustrated by the following examples. In London and North Eastern Railway Co v Berriman (1946) the court decided that the claims of damages by the widow of the railway worker knocked down and killed by a train should not be satisfied as the statute provided that compensation was available to workers killed when engaging in ââ¬Ërelaying or repairingââ¬â¢ tracks, while the worker in question was involved in doing routine maintenance, which the court deemed not being within the meaning of ââ¬Ërelaying or repairingââ¬â¢ (Elliott and Quinn 44). This case may be taken as an example of literal rule in practice. The golden rule was used in interpretation of Section 57 of the Offences Against the Person Act 1861 in R v Allen (1872), when the court ruled that the phrase ââ¬Å"whosoever being married shall marry any other person during the life of former husband or wife... shall be guilty of bigamyâ⬠led to the absurd conclusions, as it was impossible for a person already married to ââ¬Ëmarryââ¬â¢ anyone else, and the wording was accordingly changed from ââ¬Ëshall marryââ¬â¢ to ââ¬Ëshall go through a marriage ceremonyââ¬â¢ (Elliott and Quinn 46) . Finally, the case of Lââ¬â¢Office Cherifien des Phosphates Unitramp SA v Yamashita-Shinnihon Steamship Co Ltd (The Boucraa) (1994) demonstrated the application of presumption against retrospective effect in court ruling (Elliott and Quinn 50). This and other cases show how the rules of statutory interpretation are applied in the English case law. 2. The System of Judicial Precedent and the Right of House of Lords not to Be Bound by Its Own Past Decisions The modern English case law grew up out of standardisation of various ââ¬Ëcommon lawsââ¬â¢ of England undertaken by William the Conqueror in the second half of the 11th
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