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  • Open Courseware

    Marx’s Theory of Capitalism

    Today, Professor Shapiro continues his discussion of Enlightenment theory of Karl Marx, focusing on the foundations of his theory of capitalism. The central question is, how is wealth created under capitalism at the micro level? For Marx, Adam Smith’s invisible hand is not entirely benevolent. His labor theory of value stipulates that living human labor-power […]

    http://www.youtube.com/watch?v=rS3-_s-ghbk

  • Open Courseware

    Demography and Asset Pricing

    In this lecture, we use the overlapping generations model from the previous class to see, mathematically, how demographic changes can influence interest rates and asset prices. We evaluate Tobin’s statement that a perpetually growing population could solve the Social Security problem, and resolve, in a surprising way, a classical argument about the link between birth […]

    http://www.youtube.com/watch?v=cMjAdnQA7xk

  • Open Courseware

    Overlapping Generations Models of the Economy

    In order for Social Security to work, people have to believe there’s some possibility that the world will last forever, so that each old generation will have a young generation to support it. The overlapping generations model, invented by Allais and Samuelson but here augmented with land, represents such a situation. Financial equilibrium can again […]

    http://www.youtube.com/watch?v=ecqWJ_7ERCI

  • Open Courseware

    Dynamic Present Value

    In this lecture we move from present values to dynamic present values. If interest rates evolve along the forward curve, then the present value of the remaining cash flows of any instrument will evolve in a predictable trajectory. The fastest way to compute these is by backward induction. Dynamic present values help us understand the […]

    http://www.youtube.com/watch?v=5SHYky2ddp4

  • Open Courseware

    The Political Unconscious

    In this lecture, Professor Paul Fry explores Fredric Jameson’s seminal work, The Political Unconscious, as an outcropping of Marxist literary criticism and structural theory. Texts such as Shelley’s “Ode to the West Wind” and Shakespeare’s seventy-third sonnet are examined in the context of Jameson’s three horizons of underlying interpretive frameworks–the political, the social, and the […]

    http://www.youtube.com/watch?v=GQvp5z0Zbvo

  • Open Courseware

    The Romanovs and the Russian Revolution

    The period between the Russian Revolution of February 1917, which resulted in the overthrow of the autocracy and the establishment of a provisional government, and the Bolshevik Revolution in October of that same year, offers an instructive example of revolutionary processes at work. During this interval, the fate of Nicholas II and his wife, Alexandra, […]

    http://www.youtube.com/watch?v=eGFilsLo6OI

  • Open Courseware

    Dante’s Inferno, Purgatory and Paradise

    The course is an introduction to Dante and his cultural milieu through a critical reading of the Divine Comedy and selected minor works (Vita nuova, Convivio, De vulgari eloquentia, Epistle to Cangrande). An analysis of Dante‘s autobiography, the Vita nuova, establishes the poetic and political circumstances of the Comedy’s composition. Readings of Inferno, Purgatory and […]

    https://academicearth.org/courses/dantes-inferno-purgatory-and-paradise/

  • Open Courseware

    Technologies for Collaborative Democracy

    April 4, 2008 lecture by Beth Noveck for the Stanford University Human Computer Interaction Seminar (CS547). In this lecture, Beth Noveck discusses why current political institutions have changed little in response to Web 2.0. She explores the role of visual and social interfaces in producing better democracy and talk about the progress of the Peer-to-Patent […]

    http://www.youtube.com/watch?v=QIHUGO4HAmQ
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