{"id":11699,"date":"2024-02-15T02:38:41","date_gmt":"2024-02-15T02:38:41","guid":{"rendered":"https:\/\/www.writemyessays.app\/blog\/questions\/those-who-cannot-learn-from-history-are-doomed-to-repeat-it-do-you-agree\/"},"modified":"2024-02-15T02:38:41","modified_gmt":"2024-02-15T02:38:41","slug":"those-who-cannot-learn-from-history-are-doomed-to-repeat-it-do-you-agree","status":"publish","type":"questions","link":"https:\/\/www.writemyessays.app\/blog\/questions\/those-who-cannot-learn-from-history-are-doomed-to-repeat-it-do-you-agree\/","title":{"rendered":"\u2018Those who cannot learn from history are doomed to repeat it\u2019. Do you agree?"},"content":{"rendered":"<div style=\"cursor: auto; color: inherit;\">\n<div style=\"cursor: auto; color: inherit;\">\n<div style=\"cursor: auto; color: inherit;\">\n<div style=\"cursor: auto; color: inherit;\">\n<p style=\"margin-top: 12pt; margin-bottom: 12pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"font-weight: 400; font-size: 12pt; cursor: auto; color: inherit;\">\u2018Those who cannot learn from history are doomed to repeat it\u2019. Do you agree?&nbsp;<br \/><\/span><\/p>\n<p style=\"margin-top: 12pt; margin-bottom: 12pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"font-weight: 400; font-size: 12pt; cursor: auto; color: inherit;\">You should illustrate your answer with <\/span><span style=\"font-weight: 700; font-size: 12pt; cursor: auto; color: inherit;\">at least one<\/span><span style=\"font-weight: 400; font-size: 12pt; cursor: auto; color: inherit;\"> relevant and appropriate historical case study of a financial innovation, bubble or crisis.&nbsp;<\/span><span style=\"color: inherit; font-size: 11pt; background-color: var(--color-6); font-variant-caps: inherit;\">use Google Scholar to identify reliable and relevant material.&nbsp;<\/span><\/p>\n<p style=\"margin-top: 12pt; margin-bottom: 12pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"color: inherit; font-size: 11pt; background-color: var(--color-6); font-variant-caps: inherit;\"><br \/><\/span><\/p>\n<p style=\"margin-top: 12pt; margin-bottom: 12pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"font-weight: 400; font-size: 12pt; cursor: auto; color: inherit;\">Choosing a case study :<\/span><\/p>\n<ul style=\"cursor: auto; color: inherit;\">\n<li style=\"font-weight: 400; font-size: 12pt; cursor: auto; color: inherit;\" aria-level=\"1\">\n<p style=\"margin-top: 12pt; margin-bottom: 0pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"font-weight: 400; font-size: 12pt; cursor: auto; color: inherit;\">You should pick a sufficiently historical case study \u2013 part of the assignment is to show your ability to compare across different contexts to 1) identify any similarities\/patterns but also 2) recognise the significance of changes in the underlying technology\/economy\/understanding of finance.<\/span><\/p>\n<p style=\"margin-top: 12pt; margin-bottom: 0pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"font-weight: 400; font-size: 12pt; cursor: auto; color: inherit;\"><br \/><\/span><\/p>\n<\/li>\n<li style=\"font-weight: 400; font-size: 12pt; cursor: auto; color: inherit;\" aria-level=\"1\">\n<p style=\"margin-top: 0pt; margin-bottom: 12pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"font-weight: 400; font-size: 12pt; cursor: auto; color: inherit;\">Looking at the NFT bubble in 2021\/22 or even the Global Financial Crisis in 2007\/8 will not give you the same opportunities to analyze changes over time compared to the Railway Mania in the 1840s or the Wall Street Crash of 1929.<\/span><\/p>\n<\/li>\n<\/ul>\n<p style=\"margin-left: 36pt; margin-top: 12pt; margin-bottom: 12pt; line-height: 1.38; cursor: auto; color: inherit;\"><br style=\"cursor: auto; color: inherit;\"><\/p>\n<ul style=\"cursor: auto; color: inherit;\">\n<li style=\"font-weight: 400; font-size: 12pt; cursor: auto; color: inherit;\" aria-level=\"1\">\n<p style=\"margin-top: 12pt; margin-bottom: 12pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"font-weight: 400; font-size: 12pt; cursor: auto; color: inherit;\">As you read and think further, try to be more precise and focused. In a short essay, you cannot cover all the possible lessons from 1929 in any detail. The more successful essays will recognise this and concentrate on a particular lesson and how it might (or might not) still have relevance today.<\/span><\/p>\n<\/li>\n<\/ul>\n<p style=\"margin-top: 12pt; margin-bottom: 12pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"color: inherit; font-size: 11pt; font-variant-caps: inherit; background-color: var(--color-6);\">some Exampels :<\/span><\/p>\n<p style=\"margin-top: 12pt; margin-bottom: 12pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"color: inherit; font-variant-caps: inherit; background-color: var(--color-6); font-size: 14.666666984558105px;\">&#8211;&nbsp;<\/span><span style=\"color: inherit; font-size: 12pt; font-variant-caps: inherit; background-color: var(--color-6);\">Case Study:<\/span><span style=\"color: inherit; font-size: 12pt; font-variant-caps: inherit; background-color: var(--color-6);\">The Global Financial Crisis, 2007<\/span><\/p>\n<p style=\"margin-top: 12pt; margin-bottom: 12pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"color: inherit; font-size: 12pt; background-color: var(--color-6); font-variant-caps: inherit;\">&#8211;&nbsp;<\/span><span style=\"color: inherit; font-size: 12pt; background-color: var(--color-6); font-variant-caps: inherit;\">Types of innovation (OECD 2005)<\/span><\/p>\n<p><span style=\"cursor: auto; color: inherit;\"><span style=\"color: inherit; font-size: 12pt; font-variant-caps: inherit; cursor: auto;\">&#8211; What is a financial bubble <\/span><span style=\"color: inherit; font-size: 12pt; font-variant-caps: inherit; cursor: auto;\">Suggested historical case studies:<\/span><\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 0pt; padding: 0pt 0pt 12pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">1.<\/span><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Tulipmania<\/span><\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 0pt; padding: 0pt 0pt 12pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">2.<\/span><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">South Sea Bubble<\/span><\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 0pt; padding: 0pt 0pt 12pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"color: inherit; font-size: 12pt; font-variant-caps: inherit; background-color: var(--color-6);\">3.Railwaymania<\/span><\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 0pt; padding: 0pt 0pt 12pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">4. <\/span><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">1929 \u201croaring twenties&#8221; US boom (stock market and property)<\/span><\/p>\n<p><\/span><\/p>\n<p style=\"margin-top: 12pt; margin-bottom: 12pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"color: inherit; font-size: 12pt; font-variant-caps: inherit; background-color: var(--color-6);\"><b><u>essay should include :<\/u><\/b><\/span><\/p>\n<p style=\"margin-top: 12pt; margin-bottom: 12pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"color: inherit; font-size: 12pt; font-variant-caps: inherit; cursor: auto;\">\u2022 Demonstrate your <\/span><span style=\"color: inherit; font-size: 12pt; font-variant-caps: inherit; font-weight: 700; cursor: auto;\">knowledge and understanding <\/span><span style=\"color: inherit; font-size: 12pt; font-variant-caps: inherit; cursor: auto;\">of your chosen historical case study and modern financial markets<\/span><\/p>\n<p style=\"margin-top: 12pt; margin-bottom: 12pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"color: inherit; font-size: 12pt; font-variant-caps: inherit; cursor: auto;\">\u2022 <\/span><span style=\"color: inherit; font-size: 12pt; font-variant-caps: inherit; font-weight: 700; cursor: auto;\">analyze <\/span><span style=\"color: inherit; font-size: 12pt; font-variant-caps: inherit; cursor: auto;\">the key factors in the historical case study and whether these can provide any wider lessons for participants in the modern financial system<\/span><\/p>\n<p style=\"margin-top: 12pt; margin-bottom: 12pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"color: inherit; font-size: 12pt; font-variant-caps: inherit; cursor: auto;\">\u2022 <\/span><span style=\"color: inherit; font-size: 12pt; font-variant-caps: inherit; font-weight: 700; cursor: auto;\">apply <\/span><span style=\"color: inherit; font-size: 12pt; font-variant-caps: inherit; cursor: auto;\">these lessons to modern finance (or explain why these lessons are not applicable today)<\/span><\/p>\n<p style=\"margin-top: 12pt; margin-bottom: 12pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"color: inherit; font-size: 12pt; font-variant-caps: inherit; cursor: auto;\">\u2022 <\/span><span style=\"color: inherit; font-size: 12pt; font-variant-caps: inherit; font-weight: 700; cursor: auto;\">evaluate <\/span><span style=\"color: inherit; font-size: 12pt; font-variant-caps: inherit; cursor: auto;\">whether such historical reflection has any practical value or not<\/span><\/p>\n<div style=\"cursor: auto; color: inherit;\">\n<div style=\"cursor: auto; color: inherit;\">\n<div style=\"cursor: auto; color: inherit;\">\n<div style=\"cursor: auto; color: inherit;\">\n<ol style=\"cursor: auto; color: inherit;\">\n<li style=\"cursor: auto; color: inherit;\">\n<p style=\"cursor: auto; color: inherit;\">\n<\/li>\n<\/ol>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p style=\"margin-top: 0pt; margin-bottom: 0pt; padding: 0pt 0pt 12pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"color: inherit; font-variant-caps: inherit; font-size: 11pt; cursor: auto;\">You should construct a well-reasoned argument to support your answer to the question and demonstrate the above elements. The<span style=\"cursor: auto; color: inherit;\">&nbsp;<\/span><\/span><span style=\"color: inherit; font-variant-caps: inherit; font-size: 11pt; cursor: auto;\">recommended structure is a \u2018five paragraph\u2019 essay with an<span style=\"cursor: auto; color: inherit;\">&nbsp;<\/span><\/span><span style=\"color: inherit; font-variant-caps: inherit; font-size: 11pt; cursor: auto;\">introduction and conclusion framing the key points that will support your argument. Note that you do not need to use three key points<span style=\"cursor: auto; color: inherit;\">&nbsp;<\/span><\/span><span style=\"color: inherit; font-variant-caps: inherit; font-size: 11pt; cursor: auto;\">\u2013<span style=\"cursor: auto; color: inherit;\">&nbsp;<\/span><\/span><span style=\"color: inherit; font-variant-caps: inherit; font-size: 11pt; cursor: auto;\">some essays may focus on two, four or five<span style=\"cursor: auto; color: inherit;\">&nbsp;<\/span><\/span><span style=\"color: inherit; font-variant-caps: inherit; font-size: 11pt; cursor: auto;\">\u2013<span style=\"cursor: auto; color: inherit;\">&nbsp;<\/span><\/span><span style=\"color: inherit; font-variant-caps: inherit; font-size: 11pt; cursor: auto;\">although it is best not to try to cover too many different topics as you may not be able to engage with each of them in sufficient depth.<\/span><\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 0pt; padding: 0pt 0pt 12pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"color: inherit; font-size: 11pt; background-color: var(--color-6); font-variant-caps: inherit;\">&#8211; The essay should be written in an academic style with full referencing (using the Harvard authordate system)<\/span><\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 0pt; padding: 0pt 0pt 12pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"color: inherit; background-color: var(--color-6); font-variant-caps: inherit; font-size: 14.666666984558105px;\">&#8211;&nbsp;<\/span><span style=\"color: inherit; font-size: 12pt; background-color: var(--color-6); font-variant-caps: inherit;\">Make sure that you answer the question (in this case, whether you agree with that we can learn lessons from history or not.<\/span><\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 0pt; padding: 0pt 0pt 12pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"color: inherit; font-size: 12pt; background-color: var(--color-6); font-variant-caps: inherit;\">&#8211; Think about your structure \u2013 does the introduction provide the motivation\/context for the question, signpost your structure and frame key themes? In terms of the body of the essay, does it flow are the links between the different topics clear? Finally, does the conclusion effectively summarize the key points and your answer to the question.<\/span><\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 0pt; padding: 0pt 0pt 12pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"color: inherit; font-size: 12pt; background-color: var(--color-6); font-variant-caps: inherit;\">&#8211; Proof-read the essay carefully for spelling and grammar but also for sense (are my points clear?) and check your referencing for accuracy and consistency.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u2018Those who cannot learn from history are doomed to repeat it\u2019. Do you agree?&nbsp; You should illustrate your answer with at least one relevant and appropriate historical case study of a financial innovation, bubble or crisis.&nbsp;use Google Scholar to identify reliable and relevant material.&nbsp; Choosing a case study : You should pick a sufficiently historical [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[18],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/11699"}],"collection":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/comments?post=11699"}],"version-history":[{"count":0,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/11699\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/media?parent=11699"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/disciplines?post=11699"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/paper_types?post=11699"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/tagged?post=11699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}