John Taylor on the Financial Crisis
John Taylor of Stanford University talks with EconTalk host Russ Roberts about the fundamental causes of the financial crisis of 2008. Taylor argues that the housing bubble of the early 2000s was caused by excessively loose monetary policy, in particular, a sustained period of excessively low interest rates pursued by the Federal Reserve. Other topics covered include rules vs. discretion in monetary policy and the risks of inflation in the coming months. The conversation concludes with a discuss
Peter Henry on Growth, Development, and Policy
Peter Blair Henry of Stanford University talks with EconTalk host Russ Roberts about economic development. Henry compares and contrasts the policy and growth experience of Barbados and Jamaica. Both became independent of England in the 1960s, so both inherited similar institutions. But each pursued different policies with very different results. Henry discusses the implications of this near-natural experiment for growth generally and the importance of macroeconomic policy for achieving prosperit
NOTES ON IN-SITU ? FULL-SCALE EXPERIMENTATION AND THE DESIGN PROFESSIONS
In the north american academic context a workshop is different from a paper session in that it is simply an opportunity to exchange ideas and to raise questions among colleagues who can bring to bear in their discussion various points of view and experiences otherwise unavailable.
Humanoid robot has a sense of self
Full story: http://bit.ly/1MNJZCS The human self has five components. Machines now have three of them. How far away is artificial consciousness – and what does it tell us about ourselves?
MAC Luncheon Shoot-Around with Glen Grunwald
One of the most interesting careers in sport got even more interesting when Glen Grunwald became McMaster’s Director of Athletics & Recreation. After playing basketball for the legendary Bobby Knight at Indiana University and winning a national championship in 1981, Glen earned a law degree from Northwestern University and then an MBA from Indiana. He has been general manager of the NBA’s Toronto Raptors and New York Knicks, but also the president & CEO of the Toronto Board of Trade. List
Japan condemns apparent IS execution, demands release of remaining hostage
Japan calls for the immediate release of a Japanese journalist held by Islamic State, after an audio recording claims a fellow Japanese captive has been executed. Justin Mitchell reports. Subscribe: http://smarturl.it/reuterssubscribe More updates and breaking news: http://smarturl.it/BreakingNews Reuters tells the world's stories like no one else. As the largest international multimedia news provider, Reuters provides coverage around the globe and across topics including business, financial,
Leamer on Macroeconomic Patterns and Stories
Ed Leamer, of UCLA and author of Macroeconomic Patterns and Stories, talks with EconTalk host Russ Roberts about how we should use patterns in macroeconomic data and stories about those patterns to improve our understanding of the economy. Leamer argues that economics is not a science, but rather a way of thinking, and that economic models are neither true nor false, but either useful or not useful. He discusses various patterns in the recessions and recoveries in the United States since 1950. T
Leadership and Disruptive Technologies - Thomas Prescott (Align Technology)
Thomas Prescott, CEO of medical device manufacturer Align Technology, discusses disruptive product innovation and leadership in the medical device industry. Prescott shares the company's story, including insights on the launch of their signature product, the Invisalign orthodontic system. He also discusses operational trends and the need for sound analysis of financing, product execution, and business development tactics.
The Diplomacy of Technology - Alec Ross (Advisor to US Secretary of State)
Alec Ross, Senior Advisor for Innovation in the Office of Secretary of State and Co-founder of global non-profit One Economy, discusses in detail innovation policy and how it can change national diplomacy. In addition, Ross offers advice to global innovators, stressing quality time management, effective hiring practices, the mutual benefits of mentoring, and assertive risk practices.
Star Library: Regression on the Rebound
This activity is an advanced version of the “Keep your eyes on the ball” activity by Bereska, et al. (1999). Students should gain experience with differentiating between independent and dependent variables, using linear regression to describe the relationship between these variables, and drawing inference about the parameters of the population regression line. Each group of students collects data on the rebound heights of a ball dropped multiple times from each of several different heights.
Go Mobile with C# and Xamarin | Build 2014 The mobile revolution has seen an onslaught of new requirements for modern developers. Apps have to be fast, they have to be everywhere, but they also have to be native - all features that are accounted for in the foundations of .NET. The unique combination of great tools, great language features, and a runtime that excels at surfacing native APIs has brought about a C# Renaissance. This talk will explore how today's mobile landscape plays to the strengths of C#, and will explore the possibil
The mobile revolution has seen an onslaught of new requirements for modern developers. Apps have to be fast, they have to be everywhere, but they also have to be native - all features that are accounted for in the foundations of .NET. The unique combination of great tools, great language features, and a runtime that excels at surfacing native APIs has brought about a C# Renaissance. This talk will explore how today's mobile landscape plays to the strengths of C#, and will explore the possibil
Risky Business: Analysis from an Engineering Perspective - Elisabeth Paté-Cornell (Stanford Univers
Don't set sail without thinking first: this sage advice sums up risk analysis for Elisabeth Paté-Cornell, department chair of Management Science and Engineering at Stanford University. She explains that risk assessment involves the study of scenarios, probabilities, and consequences. A risk analyst uses logic and statistics to makes sense of uncertainties and provides possible solutions to derail disaster. While some events force quick thinking, most can be avoided with a little forethought. Af
Fall 2009 Quarter Roundup: What Did We Learn? - Steve Blank (Serial Entrepreneur)
Stanford instructor and seasoned serial entrepreneur Steve Blank looks back at the commonalities and quirks of the quarter's previous speakers. Blank outlines a thorough checklist of questions and analysis helpful to any new enterprise leader, and offers insight and case studies from industry giants and new technology plays alike.
Argumentation and Communication, Fall 2002
A writing practicum associated with 11.200 and 11.205 that focuses on helping students present their ideas in cogent, persuasive arguments and other analytical frameworks. Reading and writing assignments and other exercises stress the connections between clear thinking, critical reading, and effective writing. This course examines the principles and practices of clear and effective communication in addressing public issues and policies. It aims to help students plan, organize, and present their
Banks' Liquidity and Profitability Conflict
An analysis of the conflict between liquidity and profitability with which banks have to contend.
Building Trust Across Cultures
Do you trust with your head or with your heart? There is a big difference between cultures when it comes to building trust, and not understanding that can put a business relationship in peril.
From Silk to Oil: Cross-Cultural Connections Along the Silk Roads
This is a curriculum guide for exploring China's inner Asian frontier and one of the world's oldest and most important trade routes. The 350-page guide features five independent sections. Each examines the geography, ethnic relations and political history, exchange of goods and ideas, religions, or art along the Silk Roads (beginning in the second century BCE). Each includes lesson plans, documents, maps, and board game.
Rauch on the Volt, Risk, and Corporate Culture
Jonathan Rauch, of the Brookings Institution and the Atlantic Monthly, talks with EconTalk host Russ Roberts about the evolution of the Chevy Volt, GM's planned electric car. Due to the transparency of GM's effort, Rauch was able to spend a great deal of time on site at GM writing a piece for the Atlantic Monthly on GM's plans and hopes. Rauch discusses the huge risks, GM's past failures, and GM's hopes that the Volt might change the company's culture. The conversation closes with a discussion
Is Innovation Withering on the Vine? - Judy Estrin (JLabs)
JLabs LLC CEO and author Judy Estrin puts the processes and philosophies of innovation under the microscope. Her current analysis indicates that we're short-changing the business arena and culture at large, as we've stopped planting the seeds for true, monumental invention and problem-solving.