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  1. Philosophers and theologians have railed against interest for thousands of years. But that is because they didn't understand what causes interest. Irving Fisher built a model of financial equilibrium on top of general equilibrium (GE) by introducing time and assets into the GE model. He saw that trade between apples today and apples next year is completely analogous to trade between apples and oranges today. Similarly he saw that in a...more

  2. This lecture deals with Paradise IV, VI and X. At the beginning of Paradise IV, the pilgrim raises two questions to which the remainder of the canto is devoted. The first concerns Piccarda (Paradise III) who was constrained to break her religious vows. The second concerns the arrangement of the souls within the stars. The common thread that emerges from Beatrice's reply is the relationship between intellect and will. Just as Piccarda's...more

  3. In this lecture, Professor Mazzotta examines Paradise XVIII-XIX and XXI-XXII. In Paradise XVIII, Dante enters the Heaven of Jupiter, where the souls of righteous rulers assume the form of an eagle, the emblem of the Roman Empire. The Eagle's outcry against the wickedness of Christian kings leads Dante to probe the boundaries of divine justice by looking beyond the confines of Christian Europe. By contrasting the political with the moral...more

  4. Banks, which were first created in primitive form by goldsmiths hundreds of years ago, have evolved into central economic institutions that manage the allocation of resources, channel information about productive activities, and offer the public convenient investment vehicles. Although there are several types of banking institutions, including credit unions and Saving and Loan Associations, commercial banks are the largest and most...more

  5. Going back to 1998, Symantec was best known for Norton utilities and Norton anti-virus, says Thompson. When he arrived in 1999, right after windows 1998 was launched. Symantec had had a bad series of quarter. In his first 100 days, he looked at the company product portfolio and found products that were not of strategic value. The brightest star was Norton anti-virus. Symantec had viewed itself as a consumer oriented desktop software...more

  6. Professor Snowden describes the historical detective work that went into the research and writing of Naples in the Time of Cholera, his study of the 1884 and 1911 epidemics of Asiatic cholera that struck Italy. The latter epidemic is of particular interest, because the official historiography of the disease has long confined its outbreaks in Western Europe to the nineteenth century. Through his investigation, Snowden discovered that there...more

  7. The Tuskegee Syphilis Study, carried out in Macon, Alabama, from 1932 to 1972, is a notorious episode in the checkered history of medical experimentation. In one of the most economically disadvantaged parts of the U.S., researchers deceived a group of 399 black male syphilitics into participating in a study with no therapeutic value. These "volunteers" were not treated as patients, but rather as experimental subjects, or walking cadavers....more

  8. A perennial favorite is the idea of time travel. What would happen if we could go back in time and alter the future a la “Back to the Future”? The great narrative of the history of life has a complexity rife with subplots and twists, many of which we will never uncover. Yet somehow the story of life on Earth began with a prebiotic ooze and ended with the awe-inspiring diversity of life we see today – including us. But like any story,...more

  9. Guest Lecturer: Sasha Rush, Haskell History, Safeguards in Haskell that Avoid Runtime Errors, Expressive Functions in Haskell, Speed of Haskell, Haskell Fibonacci Sequence in One Line Using Lazy Evaluation, How Lazy Evaluation Allows if Statements, Haskell Types, User-defined Data Types, Representing the Null Type in Haskell, List Types, Strings as Lists and Recursive Type Definitions, List Functions and Pattern Matching, Type Variables...more

  10. In this lecture, Katie Brakora, the head GSI, introduces the course and the required texts and discusses strategies for success in studying human anatomy. She encourages students to take a systemic view of human anatomy, understanding systems in whole and in part, rather than focusing on memorizing terms. After this introduction, Brakora discusses the attributes of the human brain using a preserved sample. Then, Brakora surveys the...more

  11. More On Results From Last Lecture (Diffraction Patterns And The Fourier Transforms), Setup For Crystallography Discussion (History, Concepts), 1-Dimensional Version, The Fourier Transform Of The Shah Function, Trick: Poisson Summation Formula, Proof Of The Poisson Summation Formula, Fourier Transform Of The Shah Function: Result, Fourier Transform Of The Shah Function With Spacing P, Application To Crystals

  12. Professor Geanakoplos explains how, as a mathematical economist, he became interested in the practical world of mortgage securities, and how he became the Head of Fixed Income Securities at Kidder Peabody, and then one of six founding partners of Ellington Capital Management. During that time Kidder Peabody became the biggest issuer of collateralized mortgage obligations, and Ellington became the biggest mortgage hedge fund. He describes...more