Atomic Order
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Generic Lsearch - Prototype, Comparison Function, Implementation, Casting Void*S to Char*S to Compute Byte Offsets, Client Use of Generic Lsearch, Example of a Comparison Function for Integers, More Complicated Data Types and Lsearch- Example Using C-Strings, Comparison Function for Two C-Strings, With Arguments that Represent Char**S, Comparison Functions Where the Key is a Different Type than the Second Argument, Using a Pointer to a...more
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This lecture begins a series describing the development of organic chemistry in chronological order, beginning with the father of modern chemistry, Lavoisier. The focus is to understand the logic of the development of modern theory, technique and nomenclature so as to use them more effectively. Chemistry begins before Lavoisier's "Chemical Revolution," with the practice of ancient technology and alchemy, and with discoveries like those of...more
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In order to understand the precise predictions of the Leverage Cycle theory, in this last class we explicitly solve two mathematical examples of leverage cycles. We show how supply and demand determine leverage as well as the interest rate, and how impatience and volatility play crucial roles in setting the interest rate and the leverage. Mathematically, the model helps us identify the three key elements of a crisis. First, scary bad news...more
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Ringold talks about the fundamental differences between sole entrepreneurship in the academic setting versus entrepreneurship in an industry setting: a change in dynamics from a sole activity, to teamwork from different disciplines to solve fundamental problems. Industry has learned this long before the academic environment - that you need to bring people together from various industries and disciplines, with different skill sets to solve...more
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One of the central questions in assessing Stalinism is whether or not the abuses of the latter were already present in the first years of the Russian Revolution. The archival evidence suggests that this is partly the case, and that even in its early stages Soviet Russia actively persecuted not just those who were believed to have profited unfairly, without laboring, but also non-Russian ethnic groups. Stalin, although not an ethnic...more
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Part 1 - What's a Fair Start?: Rawls argues that even meritocracy—a distributive system that rewards effort—doesn’t go far enough in leveling the playing field because those who are naturally gifted will always get ahead. Furthermore, says Rawls, the naturally gifted can’t claim much credit because their success often depends on factors as arbitrary as birth order. Sandel makes Rawls’s point when he asks the students who were first born...more
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This lecture is about optimal exercise strategies for callable bonds, which are bonds bundled with an option that allows the borrower to pay back the loan early, if she chooses. Using backward induction, we calculate the borrower's optimal strategy and the value of the option. As with the simple examples in the previous lecture, the option value turns out to be very large. The most important callable bond is the fixed rate amortizing...more
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Professor Shiller, in his final lecture, reviews some of the most important tools for individual risk management. Significant inequality in domestic and international communities has created a need for social insurance programs, such as those created in Germany in the late 1800s. The tax system, bankruptcy laws, and government insurance programs are used to manage risk of personal wealth. However, each of these inventions must take...more
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Professor Mazzotta continues his discussion of the Heaven of the Sun (Paradise X-IV), where the earthly disputes between the Franciscan and Dominican orders give way to mutual praise. The tribute St. Thomas pays to the founder of the Franciscan order (Paradise XI) is repaid by St. Bonaventure through his homage to St. Dominic (Paradise XII). The chiasmic structure of these cantos is reinforced by the presence of Nathan and Joachim of...more
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Professor Diamond continues her discussion of human muscle systems, addressing muscles of the trunk and upper extremity. Professor Diamond begins by discussing the trapezius, its origin and insertion, and how this relates to its function as an adductor. She encourages students to engage in self-study in order to grasp muscular form and function. She then explains the origin and insertion of the latissimus dorsi, pectoralis major, and...more
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By 1950, in most of the underdeveloped world, mortality had fallen to about half its pre-modern rate. The birth rate, however, had remained high and, by 1950, was about twice the death rate. For the rest of the century, both rates fell dramatically and in parallel, maintaining the gap. The enormous excess of births over deaths in this period is known as 'the population explosion.' By 1990, the world population was growing at almost 90...more
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The exchanges in which stocks and other securities are traded serve an important function in finance. They bring together people interested in buying and selling securities in order to create a universal price. Brokers and dealers are also an important part of the system, their methods and standards are ultimately behind the success of the exchanges. Many information innovations have advanced the functioning of exchanges, going all the...more
