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  1. In this lecture, Professor Donald Kagan explores the earliest history of Greek civilization. He demonstrates how small agricultural enclaves eventually turned into great cities of power and wealth in the Bronze Age, taking as his examples first Minoan Crete and then Mycenaean Greece. He also argues that these civilizations were closely related to the great monarchies of the ancient Near East. He points out that the Mycenaean age eventually...more

  2. This lecture reviews the intuition from the previous class, where the idea of dynamic hedging was introduced. We learn why the crucial idea of dynamic hedging is marking to market: even when there are millions of possible scenarios that could come to pass over time, by hedging a little bit each step of the way, the number of possibilities becomes much more manageable. We conclude the discussion of hedging by introducing a measure for the a...more

  3.   The final and 'most indispensable' founding principle of the Pre-Raphaelites was: "to produce thoroughly good pictures and statues". Derided by the establishment (including Charles Dickens) for producing art which was ugly and backward, the work of John Everett Millais, Dante Gabriel Rossetti and William Holman Hunt have since come to take its place as perhaps the most important point of British art in the 19th Century. This lecture lo...more

  4. Professor Kleiner presents the architecture of Constantine the Great, the last pagan and first Christian emperor of Rome, who founded Constantinople as the "New Rome" in A.D. 324. She notes that Constantine began with commissions that were tied to the pagan past (the Baths of Constantine in Rome) but built others (the Aula Palatina at Trier) that looked to the Christian future. Professor Kleiner makes an impassioned case that some of the f...more

  5. The Industrial Revolution in France is often said to have been entirely overshadowed by British industrial development. This analysis is inaccurate because it ignores the significance of domestic and other non-factory occupations. Indeed, it was the class of artisan workers, rather than industrial factory workers, who were first responsible for the organization of labor movements. One of the great innovations of the factory was the imposit...more

  6. The lecture begins with an introduction of Machiavelli's life and the political scene in Renaissance Florence. Professor Smith asserts that Machiavelli can be credited as the founder of the modern state, having reconfigured elements from both the Christian empire and the Roman republic, creating therefore a new form of political organization that is distinctly his own. Machiavelli's state has universalist ambitions, just like its predecess...more