Not surprisingly, given the title of this blog and the focus of my research, the last video in the series for my history of economic thought course provides an introduction to Hayek and the knowledge problem. [vimeo http://vimeo.com/76456397] Hayek’s work in the 20th century explored a range of ideas, one of the most important of …
History of Thought Course Video: Hayek and the Knowledge Problem Read More »
[vimeo http://vimeo.com/75421736] Another video from my history of economic thought course — this time it’s Joseph Schumpeter, famous for his work on economic growth and innovation. Schumpeter was an inconoclastic economist who was influential well beyond his reputation. From his education and original academic and civil service work in Austria, Schumpeter went on to a long, …
Course Video 8: Joseph Schumpeter, Economic Growth, and Creative Destruction Read More »
Here’s the next video from my history of economic thought course, on Alfred Marshall. [vimeo 71441068 w=500 h=281] Alfred Marshall and the Neoclassical Synthesis from Lynne Kiesling on Vimeo. Alfred Marshall was one of the most important economists shaping the field as we practice it today. By synthesizing the classical economics focus on production and …
Course Video: Alfred Marshall and the Neoclassical Synthesis Read More »
Lynne Kiesling [vimeo 69275251 w=500 h=281] Léon Walras and General Equilibrium Theory from Lynne Kiesling on Vimeo. I knew from the first economics course I took that I loved economics — the systematic analytical framework for understanding humans and our decisions, and the implications of those decisions for individuals and in aggregate, captivated me. I …
Course Video 6: Léon Walras and General Equilibrium Read More »
Lynne Kiesling [vimeo 67808322 w=500 h=281] The Marginal Revolution in Economics from Lynne Kiesling on Vimeo. A fundamental question in economics is value theory — where do prices come from, what determents the value of a commodity, product, or good? The classical economists operated with a labor theory of value, but in the mid-19th century, …
Course Video 5: The Marginal Revolution and Carl Menger Read More »
Lynne Kiesling [vimeo http://www.vimeo.com/66335887 w=500&h=281] David Ricardo: Principles of Political Economy & Taxation from Lynne Kiesling on Vimeo. You may know David Ricardo for his pioneering analysis of comparative advantage as the foundation of mutually beneficial specialization and trade. Ricardo’s work goes farther and deeper than that, exploring (among other things) the determinants of rent …
Course Video 3: David Ricardo on Rent and on Trade Read More »
Lynne Kiesling Here’s the second video for my history of economic thought course: a synopsis of Adam Smith’s Inquiry Concerning the Nature and Causes of the Wealth of Nations. The video gives an overview of the entire work (except for Book III, his stage theory of history), and I hope it entices you to read …
Lynne Kiesling For the past few months I’ve been working with some talented and creative folks at Northwestern University Academic Technologies to produce some videos for use in my History of Economic Thought course. Over the next few weeks I’ll be releasing them here, and they will be available on my Vimeo page. Please distribute …
Course Video 1: Smith’s Theory of Moral Sentiments Read More »
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