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Andrew DeWitt

The Nature of the Firm - Wikipedia, the free encyclopedia - 0 views

  • Coase's analysis proceeds by considering the conditions under which it makes sense for an entrepreneur to seek hired help instead of contracting out for some particular task
  • because the market is "efficient" (that is, those who are best at providing each good or service most cheaply are already doing so), it should always be cheaper to contract out than to hire
  • Coase noted, however, that there are a number of transaction costs to using the market
  • ...2 more annotations...
  • This suggests that firms will arise when they can arrange to produce what they need internally and somehow avoid these costs.
  • There is a natural limit to what can be produced internally, however.
Shuan Pai

Reaganomics, by William A. Niskanen: The Concise Encyclopedia of Economics | Library of... - 0 views

  • Reaganomics" was the most serious attempt to change the course of U.S. economic policy of any administration since the New Deal.
  • These major policy changes, in turn, were expected to increase saving and investment, increase economic growth, balance the budget, restore healthy financial markets, and reduce inflation and interest rates.
Jeffrey Whitlock

Nuclear power in the United States - Wikipedia, the free encyclopedia - 0 views

    • Jeffrey Whitlock
       
      I know we try to avoid Wikipedia in this class but I think that this is a pretty good succinct synopsis of nuclear power in the US.
Jeffrey Whitlock

Nuclear power in France - Wikipedia, the free encyclopedia - 0 views

    • Jeffrey Whitlock
       
      Compare the French Model for nuclear power with the US
anonymous

Id, ego, and super-ego - Wikipedia, the free encyclopedia - 0 views

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    an additional summary of id ego and superego
Andrew DeWitt

Modernism - Wikipedia, the free encyclopedia - 0 views

  • From the 1870s onward, the ideas that history and civilization were inherently progressive and that progress was always good came under increasing attack.
  • Darwin's theory of evolution by natural selection undermined the religious certainty
  • Karl Marx argued there were fundamental contradictions within the capitalist system
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  • The miseries of industrial urbanism and the possibilities created by scientific examination of subjects brought changes that would shake a European civilization which had, until then, regarded itself as having a continuous and progressive line of development from the Renaissance. With the telegraph's harnessing of a new power, offering instant communication at a distance, the experience of time itself was altered.
anonymous

Edward R. Murrow - Wikipedia, the free encyclopedia - 0 views

  • See It Now focused on a number of controversial issues in the 1950s, but it is best-remembered as the show that criticized McCarthyism and the Red Scare, contributing if not leading to the political downfall of Senator Joseph McCarthy. On March 9, 1954, Murrow, Friendly, and their news team produced a half-hour See It Now special entitled "A Report on Senator Joseph McCarthy".[9] Murrow used excerpts from McCarthy's own speeches and proclamations to criticize the senator and point out episodes where he had contradicted himself. Murrow knew full well that he was using the medium of television to attack a single man and expose him to nationwide scrutiny, and he was often quoted as having doubts about the methods he used for the report. Murrow and Friendly paid for their own newspaper advertisement for the program; they were not allowed to use CBS' money for the publicity campaign or even use the CBS logo. Nevertheless, the broadcast contributed to a nationwide backlash against McCarthy and is seen as a turning point in the history of television. It provoked tens of thousands of letters, telegrams and phone calls to CBS headquarters, running 15 to 1 in favor. In a retrospective produced for Biography, Friendly noted how truck drivers pulled up to Murrow on the street in subsequent days and shouted "Good show, Ed. Good show, Ed." Murrow offered McCarthy a chance to appear on See It Now to respond to the criticism. McCarthy accepted the invitation and made his appearance three weeks later,[10] but his rebuttal only served to further decrease his already fading popularity.[11] In the program following McCarthy's appearance, Murrow commented that the senator had "made no reference to any statements of fact that we made" and contested the personal attacks made by "the junior senator from Wisconsin" against himself.[12]
Jeffrey Whitlock

Transatlantic telephone cable - Wikipedia, the free encyclopedia - 1 views

    • Jeffrey Whitlock
       
      Read this and it will give you an appreciation for how far cell phones have brought us.
anonymous

Industrial Revolution - Wikipedia, the free encyclopedia - 0 views

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    a summary of the industrial revolution
anonymous

Social Darwinism - Wikipedia, the free encyclopedia - 0 views

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    1877
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