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Posts Tagged ‘saturday lecture series’

Is Obama a Keynesian?

by 1389AD ( 37 Comments › )
Filed under Economy, Open thread, saturday lecture series, UK, unemployment at November 13th, 2011 - 10:00 am

Weapons-grade lollage for those in the know!

Rally For Sanity, 10/30/10

Uploaded by on Nov 1, 2010

It’s a reasonable question. http://krugman.blogs.nytimes.com/2010/09/01/the-economic-narrative/
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What’s a Keynesian, anyway?

Voters and taxpayers need to know why Keynesian economics is EPIC FAIL. Obama’s “stimulus” left us with a huge deficit and did NOT restart the economy.

“Fear the Boom and Bust” a Hayek vs. Keynes Rap Anthem

Uploaded by on Jan 23, 2010

Econstories.tv is a place to learn about the economic way of thinking through the eyes of creative director John Papola and creative economist Russ Roberts.

Visit us at http://econstories.tv

In Fear the Boom and Bust, John Maynard Keynes and F. A. Hayek, two of the great economists of the 20th century, come back to life to attend an economics conference on the economic crisis. Before the conference begins, and at the insistence of Lord Keynes, they go out for a night on the town and sing about why there’s a “boom and bust” cycle in modern economies and good reason to fear it.

Get the full lyrics, story and free download of the song in high quality MP3 and AAC files at:
http://econstories.tv

Plus, to see and hear more from the stars of Fear the Boom and Bust, Billy Scafuri and Adam Lustick, visit their site: http://www.billyandadam.com

Music was produced by Jack Bradley at Blackboard3 Music and Sound Design. It was composed and performed by Richard Royston Jacobs.
http://www.blackboard3.com
**Charging Bull© Arturo DiModica, 1998

Fight of the Century: Keynes vs Hayek Round 2

Uploaded by on Apr 27, 2011

“Fight of the Century” is the new economics hip-hop music video by John Papola and Russ Roberts at http://EconStories.tv.

According to the National Bureau of Economic Research, the Great Recession ended almost two years ago, in the summer of 2009. Yet we’re all uneasy. Job growth has been disappointing. The recovery seems fragile. Where should we head from here? Is that question even meaningful? Can the government steer the economy or have past attempts helped create the mess we’re still in?

In “Fight of the Century”, Keynes and Hayek weigh in on these central questions. Do we need more government spending or less? What’s the evidence that government spending promotes prosperity in troubled times? Can war or natural disasters paradoxically be good for an economy in a slump? Should more spending come from the top down or from the bottom up? What are the ultimate sources of prosperity?

Keynes and Hayek never agreed on the answers to these questions and they still don’t. Let’s listen to the greats. See Keynes and Hayek throwing down in “Fight of the Century”!

Starring Billy and Adam from http://www.billyandadam.com

Visit http://www.econstories.tv for the full lyrics.

The next video describes Keynesianism from Keynes’ own point of view:

Keynesianism Part I – It’s All About Spending

Uploaded by on Oct 24, 2010

Is our prosperity derived from a continual circular flow of spending? Is it impossible for a society to increase it’s total savings? Can deficit spending by a government step in to replace private activity in order to maintain full employment and restore lasting economic growth? What is a liquidity trap and what does it mean for the economy? What did Keynes really mean by “in the long run, we’re all dead”?

In this EconStories mini-documentary, we explore the foundations of Keynesian economics with Keynes most famed biography, Lord Robert Skidelsky.

In the next episode, we’ll dig deeper into some of the most controversial aspects of Keynesianism including the notion that ditch digging or world war could provide a pathway to economic recovery and prosperity.

Hayek on Keynes

Uploaded by on Jun 9, 2009

Friedrich Hayek discusses Keynes and his influence on a Britain facing economic difficulties.

For Hayek’s critiques of Keynesianism see his book; A Tiger by the Tail: The Keynesian Legacy of Inflation which can be found in PDF at:
https://sites.google.com/site/malthus0splace/home/hayek/pure-economics

The Pure Theory of Capital can be found at the same above link as Tiger by the Tail.

This is an excerpt from a longer interview which can be found here:
http://www.vimeo.com/4063439

Any more questions?


Saturday Lecture Series, Carl von Clausewitz: On War Book 1, Section 4-6

by coldwarrior ( 25 Comments › )
Filed under Academia, History, saturday lecture series at October 1st, 2011 - 8:30 am

Good morning all, welcome to part 2 in the continuing series covering General Carl Von Clausewitz and his seminal work,  On War.

Here is part 1

 

From the Von Clausewitz homepage:

The Prussian military thinker Carl von Clausewitz is widely acknowledged as the most important of the major strategic theorists. Even though he’s been dead for over a century and a half, he remains the most frequently cited, the most controversial, and in many respects the most modern. This website is intended as a central source for information, articles, and arguments about the man and his ideas. It is designed to accommodate anyone interested in understanding human strategies, including not only scholarly researchers on Clausewitz but also students and faculty in professional military education (PME) institutions, business schools, and other organizations concerned with human competition and conflict. For a general description of The Clausewitz Homepage and its contents, click here.

 

Lets get started on part 2:

 

4.—The aim is to disarm the enemy.

We have already said that the aim of the action in war is to disarm the enemy, and we shall now show that this in theoretical conception at least is necessary.

If our opponent is to be made to comply with our will, we must place him in a situation which is more oppressive to him than the sacrifice which we demand; but the disadvantages of this position must naturally not be of a transitory nature, at least in appearance, otherwise the enemy, instead of yielding, will hold out, in the prospect of a change for the better. Every change in this position which is produced by a continuation of the war, should therefore be a change for the worse, at least, in idea. The worst position in which a belligerent can be placed is that of being completely disarmed. If, therefore, the enemy is to be reduced to submission by an act of war, he must either be positively disarmed or placed in such a position that he is threatened with it according to probability. From this it follows that the disarming or overthrow of the enemy, whichever we call it, must always be the aim of warfare. Now war is always the shock of two hostile bodies in collision, not the action of a living power upon an inanimate mass, because an absolute state of endurance would not be making war; therefore what we have just said as to the aim of action in war applies to both parties. Here then is another case of reciprocal action. As long as the enemy is not defeated, I have to apprehend that he may defeat me, then I shall be no longer my own master, but he will dictate the law to me as I did to him. This is the second reciprocal action and leads to a second extreme (second reciprocal action).

5.—Utmost exertion of powers.

If we desire to defeat the enemy, we must proportion our efforts to his powers of resistance. This is expressed by the product of two factors which cannot be separated, namely, the sum of available means and the strength of the will. The sum of the available means may be estimated in a measure, as it depends (although not entirely) upon numbers; but the strength of volition, is more difficult to determine, and can only be estimated to a certain extent by the strength of the motives. Granted we have obtained in this way an approximation to the strength of the power to be contended with, we can then take a review of our own means, and either increase them so as to obtain a preponderance, or in case we have not the resources to effect this, then do our best by increasing our means as far as possible. But the adversary does the same; therefore there is a new mutual enhancement, which in pure conception, must create a fresh effort towards an extreme. This is the third case of reciprocal action, and a third extreme with which we meet (third reciprocal action).

6.—Modification in the reality.

Thus reasoning in the abstract, the mind cannot stop short of an extreme, because it has to deal with an extreme, with a conflict of forces left to themselves, and obeying no other but their own inner laws. If we should seek to deduce from the pure conception of war an absolute point for the aim which we shall propose and for the means which we shall apply, this constant reciprocal action would involve us in extremes, which would be nothing but a play of ideas produced by an almost invisible train of logical subtleties. If adhering closely to the absolute, we try to avoid all difficulties by a stroke of the pen, and insist with logical strictness that in every case the extreme must be the object, and the utmost effort must be exerted in that direction, such a stroke of the pen would be a mere paper law, not by any means adapted to the real world.

Even supposing this extreme tension of forces was an absolute which could easily be ascertained, still we must admit that the human mind would hardly submit itself to this kind of logical chimera. There would be in many cases an unnecessary waste of power, which would be in opposition to other principles of statecraft; an effort of will would be required disproportioned to the proposed object, and which therefore it would be impossible to realise, for the human will does not derive its impulse from logical subtleties.

But everything takes a different form when we pass from abstractions to reality. In the former everything must be subject to optimism, and we must imagine the one side as well as the other, striving after perfection and even attaining it. Will this ever take place in reality? It will if

1, War becomes a completely isolated act, which arises suddenly and is in no way connected with the previous history of the states;

2, If it is limited to a single solution, or to several simultaneous solutions;

3, If it contains within itself the solution perfect and complete, free from any reaction upon it, through a calculation beforehand of the political situation which will follow from it.

 

 

Saturday Lecture Series, Socialist Realism

by coldwarrior ( 51 Comments › )
Filed under Art, Open thread, saturday lecture series at September 17th, 2011 - 8:30 am

One of my and Mrs Coldwarrior’s favorite statues is back on display.

 

 

We both have a soft spot for ‘Socialist Realism’ both in sculpted and print form, I will bring up more Socialist Realism work for further lecture or open thread…i just might scan my silk Ping Pong Mao banner for display here.

Please read this entry on Socialist Realism here if you are unaware or need to brush up on this art form.

 

FROM MOSCOW: RT

A sculpture originally created to crown the 37-meter-high Soviet pavilion of the World’s Fair in 1937 has recently been restored and returned to its place at the All-Russia Exhibition Center in Moscow.

The monument depicts a young man and a girl, personifying the Soviet Union: its working class and collective farming. Together they raise the emblem of the Soviet State – a hammer and sickle. The competition to create the sculpture was won by artist Vera Mukhina. Her idea became a 25-meter-tall, 80-ton-heavy monument to socialism.

Titled “Worker and Kolkhoz Woman”, it returned to the USSR after the fair in 1939. In January-August 1939, the sculpture was reconstructed and subsequently placed on a pedestal before the northern entrance to the All-Russia Exhibition Center in Moscow. Later it was restored again in 1979, and in 2003 it went for another planned reconstruction.

However, “Worker and Kolkhoz Woman” was supposed to return to its place in 2005, but ended up sitting dismantled in a hangar for six years, though not without good reason.

In a huge pavilion the monument was reassembled and now looks as good as it did back in 1937. The updated monument passed all stages of computer modeling, its skeleton was strengthened, and all connections and joints were tested for durability.

On November 27, the sculptural group set up a pedestal at the All-Russia Exhibition Center in Moscow with a special crane. The solemn opening of the actual monument will take place on December, 4-5, 2009.

The sculpture was named “the touchstone of socialist realism” in the Big Soviet encyclopedia. In cinema, “Worker and Kolkhoz Woman” was chosen in 1947 to serve as the logo for Soviet film studio Mosfilm.

It is supposed that, in the near future, “Worker and Kolkhoz Woman” will be put on the new 34.5-meter-tall pedestal-pavilion, inside of which there will be a museum that is planned to open in 2010.

 

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ALSO:

The glorious symbol of the might and prosperity of the USSR and the 1937 Grand Prix winner at the Paris International Exhibition – a 30-meter mosaic map of the Union made of jewels and gemstones – is being restored to its initial luster.

The famous work was called “The Industry of Socialism.” The masterpiece, made from some 4,500 jewels and semi-precious stones as well as metal boards, will be carefully reconstructed with every single stone being cleaned and polished.

More than 700 master craftsmen were involved in the creation of this gigantic Florentine-style mosaic for the Paris and New York exhibitions. Now, several workshops across Russia are faced with the task of restoring the beauty that touched hearts of the whole world and became a symbol of the USSR along with the famous “Worker and Kolkhoz Woman” monument by Vera Mukhina.
The mosaic showed signs of fracturing just after it was first exhibited in 1937 in Paris. The textolite base proved too fragile to support the three-ton composition of heavy stones.

Ninety sections, each stored in its own safe box covered in textile for safety reasons, traveled the globe before ending up back in the craftsmen’s workshops – and not before time. With more and more jewels peeling off, the map was beginning to lose its contours. Luckily, all the stray jewels had been meticulously stored.

“Nothing was lost, and this is an extraordinary thing for these days. The mosaic traveled a lot, was stored in many safes, but managed to survive all of it”, says Aleksandr Kharlamov from the All-Russia Research Geological Institute, as cited by the Rossiya 24 channel.

Kharlamov will replace the textolite base of the mosaic with Italian shale to make the composition stronger. It is needed because after the restoration, every fragment of the puzzle will be seven kilograms heavier.

“That was the weak point in the whole composition – its bottom, base. It used to deform and change its shape,” Kharlamov explains.
“The Industry of Socialism” was dispatched with extraordinary speed, with all the craft work being completed in an unbelievable five months. This may explain the weaknesses and the injudicious choice of material for the base. The map design was the brainchild of Grigory Orjonikidze, then People’s Commissar of Heavy Industry of the USSR.

Detailed and painstaking work was involved in showing the relief of mountains and the winding of the rivers with the stone plates, and sticking to correct colors. After the map was made, craftsmen tried to keep it up to date, changing the frontiers after the war with Finland and the joining of the Baltic countries. Eventually, though, they gave up.

During preparations for the New York exhibition in 1939, the height of the upper side was raised to show the North Pole and the route of Papanin’s expedition, using topazes and phenacites. The map was awarded the exhibition’s gold medal.

After the restoration, the great mosaic will become not only a symbol of the former glory of the Soviet Union, but will also demonstrate the skills of Russia’s contemporary master craftsmen. Some of the stones are now unique as the deposits in which they were found no longer exist.

The geological marvel that is “The Industry of Socialism” will become a window on the history of Soviet geological research.

Saturday Lecture Series, Carl von Clausewitz: On War Book 1, Section 1-3

by coldwarrior ( 32 Comments › )
Filed under Academia, Open thread, saturday lecture series at August 13th, 2011 - 8:30 am

‘The Professor’ (and family) are on vacation this weekend and classes start up next Monday; so,lets take this morning off and skip the lecture.

 

Well, i just remembered. I wanted to get us started on some Carl von Clausewitz, On War. We will revisit von Clausewitz from time to time.  It can be rather dense so take this opportunity to familiarize yourself with the material; you wont be disappointed.

From the Von Clausewitz homepage:

The Prussian military thinker Carl von Clausewitz is widely acknowledged as the most important of the major strategic theorists. Even though he’s been dead for over a century and a half, he remains the most frequently cited, the most controversial, and in many respects the most modern. This website is intended as a central source for information, articles, and arguments about the man and his ideas. It is designed to accommodate anyone interested in understanding human strategies, including not only scholarly researchers on Clausewitz but also students and faculty in professional military education (PME) institutions, business schools, and other organizations concerned with human competition and conflict. For a general description of The Clausewitz Homepage and its contents, click here.

 

First, if you are not already familiar with the Baron, do read the Wiki Entry, it is factual.

 

 

Lets have a small taste and do the first few Lines of On War, shall we?

 

Second, Here is the reading assignment:

Here is section 1-3 of Chapter 1, Book 1, What is the Nature of War?

 

Book I—On the Nature of War

Chapter I

What is War?

1. Introduction.

WE propose to consider first the single elements of our subject, then each branch or part, and, last of all, the whole, in all its relations—therefore to advance from the simple to the complex. But it is necessary for us to commence with a glance at the nature of the whole, because it is particularly necessary that in the consideration of any of the parts the whole should be kept constantly in view.

2. Definition.

We shall not enter into any of the abstruse definitions of war used by publicists. We shall keep to the element of the thing itself, to a duel. War is nothing but a duel on an extensive scale. If we would conceive as a unit the countless number of duels which make up a war, we shall do so best by supposing to ourselves two wrestlers. Each strives by physical force to compel the other to submit to his will: his first object is to throw his adversary, and thus to render him incapable of further resistance.

War therefore is an act of violence to compel our opponent to fulfil our will.

Violence arms itself with the inventions of Art and Science in order to contend against violence. Self-imposed restrictions, almost imperceptible and hardly worth mentioning, termed usages of International Law, accompany it without essentially impairing its power. Violence, that is to say physical force (for there is no moral force without the conception of states and law), is therefore the means; the compulsory submission of the enemy to our will is the ultimate object. In order to attain this object fully, the enemy must be disarmed; and this is, correctly speaking, the real aim of hostilities in theory. It takes the place of the final object, and puts it aside in a manner as something not properly belonging to war.

3. Utmost use of force.

Now, philanthropists may easily imagine there is a skilful method of disarming and overcoming an enemy without causing great bloodshed, and that this is the proper tendency of the art of War. However plausible this may appear, still it is an error which must be extirpated; for in such dangerous things as war, the errors which proceed from a spirit of benevolence are just the worst. As the use of physical power to the utmost extent by no means excludes the co-operation of the intelligence, it follows that he who uses force unsparingly, without reference to the quantity of bloodshed, must obtain a superiority if his adversary does not act likewise. By such means the former dictates the law to the latter, and both proceed to extremities, to which the only limitations are those imposed by the amount of counteracting force on each side.

This is the way in which the matter must be viewed; and it is to no purpose, and even acting against one’s own interest, to turn away from the consideration of the real nature of the affair, because the coarseness of its elements excites repugnance.

If the wars of civilised people are less cruel and destructive than those of savages, the difference arises from the social condition both of states in themselves and in their relations to each other. Out of this social condition and its relations war arises, and by it war is subjected to conditions, is controlled and modified. But these things do not belong to war itself; they are only given conditions; and to introduce into the philosophy of war itself a principle of moderation would be an absurdity.

The fight between men consists really of two different elements, the hostile feeling and the hostile view. In our definition of war, we have chosen as its characteristic the latter of these elements, because it is the most general. It is impossible to conceive the passion of hatred of the wildest description, bordering on mere instinct, without combining with it the idea of a hostile intention. On the other hand, hostile intentions may often exist without being accompanied by any, or at all events, by any extreme hostility of feeling. Amongst savages views emanating from the feelings, amongst civilised nations those emanating from the understanding, have the predominance; but this difference is not inherent in a state of barbarism, and in a state of culture in themselves it arises from attendant circumstances, existing institutions, etc., and therefore is not to be found necessarily in all cases, although it prevails in the majority. In short, even the most civilised nations may burn with passionate hatred of each other.

We may see from this what a fallacy it would be to refer the war of a civilised nation entirely to an intelligent act on the part of the Government, and to imagine it as continually freeing itself more and more from all feeling of passion in such a way that at last the physical masses of combatants would no longer be required; in reality, their mere relations would suffice—a kind of algebraic action.

Theory was beginning to drift in this direction until the facts of the last war taught it better. If war is an act of force, it belongs necessarily also to the feelings. If it does not originate in the feelings, it re-acts more or less upon them, and this more or less depends not on the degree of civilisation, but upon the importance and duration of the interests involved.

Therefore, if we find civilised nations do not put their prisoners to death, do not devastate towns and countries, this is because their intelligence exercises greater influence on their mode of carrying on war, and has taught them more effectual means of applying force than these rude acts of mere instinct. The invention of gunpowder, the constant progress of improvements in the construction of firearms are sufficient proofs that the tendency to destroy the adversary which lies at the bottom of the conception of war, is in no way changed or modified through the progress of civilisation.

We therefore repeat our proposition, that war is an act of violence, which in its application knows no bounds; as one dictates the law to the other, there arises a sort of reciprocal action, which in the conception, must lead to an extreme. This is the first reciprocal action, and the first extreme with which we meet (first reciprocal action).

 

——-/

 

Comments?