Andy Warhol Essay Example | Topics and Well Written Essays - 1000 words

Andy Warhol - Essay Example The lines are not sharp. They are hazy and wayward as if drawn with a very lose hand. There are six dollar signs occupying most of the space on the canvas. Except for two, the rest touch the upper and the lower edge of the canvas. Starting from left, the first dollar sign is painted in a very dark maroon color with its shadow showing in red; a translucent hazy image of a dollar sign. The sign looks flat in comparison with the length of the canvas. The second dollar sign has light green background while the dollar sign is painted in purple color with orange shading. It might not be in drastic contrast with the background but it still gives the offset coloring. The next dollar sign has similar pattern; light blue background with light burgundy to fill the dollar sign. The notable thing is the hazy blue appearing as the shading within the dollar sign, which creates this hazy effect such that the viewer might feel drunk. The second row from the left has a different style of the dollar si gn, probably representing the dollar currency of the old days, with two lines through the ‘S’. The contrast with the background is similar to the first picture. The last two signs have light blue and light green backgrounds respectively. It is oil on canvas piece of art. The advantage is to reflect the different collage of colors in each dollar sign. The point of repetition of dollar sign is to mock those people who separate business from art, those who think that apparently art and business are mutually exclusive. The choice of material makes an ordinary sign (the dollar sign appear more appealing). There are not many colors that people see in an ordinary looking thing that is the symbol of power, money and the American dream. Andy has tried to communicate his ideas about art and business through his work. To many the question of repeating the dollar sign is baffling. But Andy delivers a powerful message through this repetition that even art can be manufactured. His st udio was named The Factory only to emphasize his philosophy that art can be dealt as a commodity. The repetition of the dollar sign mocks the people who try to separate the two. It is quite apparent what the artist is trying to do in the painting. For my own reaction to this painting I am nothing short of being in awe of Warhol’s work. There are many art students who think that living the life as an artist is hard with unstable or low income. Andy Warhol is considered one of the most successful artists; the top of those who made money through their art. Warhol proved that when the artist knows his skill inside out it is relatively easy to make money. Just like an experienced financier or investor can get through thick and thin and able to save his company, the same is the case with an artist; by simply painting a lame dollar sign in different colors, shades and backing it with a thought proved successful for him. He got fame and as a consequence got fortune so it conveys a ve ry powerful meaning to me that we only need to figure out the way. Sometimes the path needs to be cut out but there is no such thing as dead end or rigidity in arts. I chose this particular piece for I am a fan of Andy Warhol’s work. I look up to his paintings when I need inspiration. When people tell me that my work isn’t good enough or when people doubt my abilities I read about Andy Warhol and look at his artwork. Today when a successful artist is known by the amount of money he makes, it is only imperative to learn the tricks of the trade. Without being recognized or being paid for the work, there is hardly any future to a talent, be it the fasted pitcher or the most skillful artist. The likes of Michelangelo and Da Vinci weren’t excused of this bitter reality of life. Warhol’

International Financial Management Essay Example | Topics and Well Written Essays - 3000 words - 1

International Financial Management - Essay Example The basic types of exchange rate regimes are the fixed exchange rate and the floating exchange rate. In the latter case the market decides the movements of the exchange rate. Exchange rate volatility is a common denominator of a country's exposure to international risk through foreign transactions, whether international trade or investment (Madura, 2009). The higher the degree of exposure the higher the degree of risk associated with such exposure. Thus the exchange rate can be considered as an important indicator in monetary policy and it mainly depends on the monetary policy framework of a particular country. Exchange rate can be identified as a target for particular government's policy and that it can actively manage with the other components of a monetary policy such as inflation, balance of payments and so on. For instance the changes in exchange rate in a short term can impact on the real economy and the balance of payments and in the long term those effects can be adjusted with the exchange rate movements. Therefore developing countries that depend on commodity exports to a greater extent are more likely to face a greater degree of risk due to the fact that commodity prices in international markets are subject to huge fluctuations. As a result their currencies against those of advanced industrialized economies are weaker. Even the well developed countries especially UK has been faced with this reality but their ability to manipulate exchange rates in international markets is considerably higher when compared to those developing countries (Wheele, 1995). 2. Literature ReviewCurrently available literature on the subject of exchange rate regime and related price stabilization policy in a modern economy has both a theoretical approach and a broader empirical approach. Price stabilization policy refers to a government macroeconomic strategy designed and executed by the central bank to ensure stable economic growth based primarily on stable prices and lower unemployment levels. This is a contingency macroeconomic model that presupposes a smoothing out effect on erratic fluctuations in aggregate supply. Alogoskoufis (1992) shows that the broader policy level approach includes monitoring and adjusting cyclical growth process and interest rates so that aggregate demand can be managed to achieve broader macroeconomic policy goals.This