ethical issues
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The markets for debt, both public and private far exceed the entire stock market in value and importance. The U.S. Treasury issues debt of various maturities through auctions, which are open only to authorized buyers. Corporations issue debt with investment banks as intermediaries. The interest rates are not set by the Treasury, the corporations or the investment bankers, but are determined by the market, reflecting economic forces about w...more
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Environmental Politics and Law (EVST 255) To illustrate the linkages among national security, secrecy, and environmental quality, Professor Wargo describes the Atomic Energy Commission's nuclear tests in the 1950s. The Atomic Energy Commission collected data on the spread of radionuclides from the nuclear tests, and discovered that the radionuclides were circulating around the world. This process of discovery raised issues regarding way...more
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Hemingway, Fitzgerald, Faulkner (AMST 246)Professor Wai Chee Dimock continues her discussion of Light in August by showing how the kindness of strangers turns into malice in the cases of social reformer Joanna Burden and Reverend Hightower. Whereas that malice assumes comedic tones in the depiction of Joanna's death, it has more complex valences in the case of Reverend Hightower, who is both ethically delicate towards his neighbors and ins...more
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Hemingway, Fitzgerald, Faulkner (AMST 246)Professor Wai Chee Dimock focuses on the themes of dying and not dying that reappear throughout For Whom the Bell Tolls. Marshaling Elaine Scarry's argument on the aesthetics of killing, she reads the execution of the Fascists as a representation of both aesthetic and ethical "ugliness" in death. She then turns to a discussion of the tragic-comic dimensions of not dying as depicted in the bullfight...more
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Insurance provides significant risk management to a broad public, and is an essential tool for promoting human welfare. By pooling large numbers of independent or low-correlated risks, insurance providers can minimize overall risk. The risk management is tailored to individual circumstances and reflects centuries of insurance industry experience with real risks and with moral hazard and selection bias issues. Probability theory and statist...more
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Behavioral Finance is a relatively recent revolution in finance that applies insights from all of the social sciences to finance. New decision-making models incorporate psychology and sociology, among other disciplines, to explain economic and financial phenomenon, such as erratic stock price variations. Psychological patterns such as overconfidence and perceived kinks in the value function seem to impact financial decision-making, but are...more
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Estrin talks about the personal connectivity cycle. The cycle of connecting people is the notion of people being able to connect to each other and connect to information anywhere. This means true mobility and ubiquitous, high bandwidth connectivity, she says. The enablers of this cycle are economic and behavioral. From an IT demand perspective, she explains, the real win is in the consumer devices and services and not in the IT infrastruct...more
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Although the harm principle as introduced in the last lecture seems straightforward at first glance, today Professor Shapiro discusses its ambiguities. If it "must be calculated to produce evil to someone else," who will be doing the calculations? Second, what does "calculated" mean? Does committing harm imply mens rea, or should strict liability be observed? The class discusses such issues as prostitution, free trade, same-sex marriage, s...more
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In this lecture, Professor Paul Fry takes on Knapp and Michaels's influential article, "Against Theory." The historical context of the piece is given and key aspects of the theorists' critical orientations, specifically their neo-pragmatism, are defined. A lengthy discussion of the relationships between, on the one hand, intention and meaning and, on the other hand, language and speech follows with reference to Saussure, deconstruction, an...more
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Administrative Details, Exams - Time limit, Conflicts, Course Grade Breakdown, Assignment Details - Submission, Grading, Late Days, Course Email, Newsgroup, Facebook/Twitter, Mailing List, Course Prerequisites, Languages and Paradigms Taught - C++ vs. Pure C, Procedural Paradigm vs. Object-Oriented Paradigm, Assembly, Concurrent Programming Overview, Example of Data Sharing Issues with Concurrent Programming, Scheme, Functional Paradigm Ov...more
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Speier and best-selling author Deborah Collins Stephens talk about politics within public and private sectors. Speier discusses how the freedom to explore issues is absent in the private sector. Stephens talks about how power plays an important role in the politics of public sectors. She stresses that it is necessary for people to have a lot of will power in order for them to rise above in the public sector.
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In this lecture, two important issues are addressed in the context of Locke's Second Treatise. First, there is discussion on the role of the executive vis-a-vis the legislative branch of government in Locke's theory of the constitutional state. Second, Locke's political theories are related to the American regime and contemporary American political philosophy. The lecture concludes with John Rawls' book, A Theory of Justice, and how his ge...more
