Constitutional Government
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If the people who set the prices are the same people who set the production levels, then it's not really a market, and true supply and demand are a farce. David Rothkopf, author of Superclass: The Global Power Elite and the World They are Making, says that Europe is leading the planet in green energy technology thanks to government subsidies, including biofuels and wind energy. Rothkopf is optimistic that the US will eventually adopt...more
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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, was bound up in the struggle for power amongst competing political factions in Russia....more
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Because drinking is such an integral part of French culture, alcohol abuse has been historically ignored. Although there have been celebrated attempts to address this problem, such as Zola's L'Assomoir, it is only in the past five or ten years that the government has seriously tried to tackle the problem of alcoholism. One of the major ways in which alcohol is embedded in the cultural identity of the country is the close association of...more
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Families lived together in traditional China and sons remained on the land; division of family land led to tiny plots and rural poverty. Because labor was so cheap, the country did not urbanize or mechanize. The Communist government started out with a pro-natal stance, but after experiencing the famine of the Great Leap Forward, moved strongly to fertility control. Fertility declined rapidly in the 1970s, but to counter momentum, the...more
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A plethora of Far Right and fascist organizations emerged in the wake of World War I. Economic depression, nationalism, anti-Semitism and xenophobia all played a part in this upsurge. On the left, the tension between communist revolutionaries and socialist reformers was reconciled, for a time, in the Popular Front government of Leon Blum. While the Popular Front would eventually fall, it pioneered many of the reforms and progressive...more
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This final lecture on Aristotle focuses on controlling conflict between factions. Polity as a mixture of the principles of oligarchy and democracy, is the regime that, according to Aristotle, can most successfully control factions and avoid dominance by either extreme. Professor Smith asserts that the idea of the polity anticipates Madison's call for a government in which powers are separated and kept in check and balance, avoiding...more
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Tarun Khanna, Professor at Harvard Business School, speaks about the incredible change in aspirations among young people in India. Whereas in the past young people aspired to become government officials, today they aspire to become entrepreneurs and lift themselves out of poverty by their own actions. Khanna reflects that this change in attitudes is inspiring and very good for the country.
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Global Fund for Women CEO Kavita Ramdas talks about financial contributions for the greater good both locally and internationally - and that here in the US we give a very small percentage of our income to remedy the world's concerns. Ramdas cites the gap that exists between how much people think our government should be giving to global relief - 15-20 percent of our national income - but that less than 1% actually makes its way outside...more
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Three main features that Tocqueville regarded as central to American democracy are discussed: the importance of local government, the concept of "civil association," and "the spirit of religion." The book is not simply a celebration of the democratic experience in America; Tocqueville is deeply worried about the potential of a democratic tyranny.
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Neither private investors nor the government was willing to make the necessary investment in the vaccine, says Francis. Therefore, Francis and his team had to look elsewhere for funding. The formation of the Gates Foundation has provided the desired alternative.
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Money that often fuels traditional philanthropic efforts comes from government money or a foundation. But relying on these sources for income is not a sure bet, says Executive Director of Google.org Larry Brilliant. Great causes can lose their financial footing easily, particularly when caught in-between political administrations with differing world views.
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The Big Picture of Valuation Riskfree Rates - Necessary Ingredients - What if the government is not default free?
