NEWS FLASH!! According to our very young Danny Yagan We are #1 in - - PowerPoint PPT Presentation
NEWS FLASH!! According to our very young Danny Yagan We are #1 in upward mobility >est share of people from <20%ile > >99%ile UCLA is #2 America used to be a place of exceptional upward mobility Not the case
from <20%ile —> >99%ile
mobility
http://bradford-delong.com brad.delong@gmail.com @delong 2017-01-18 KNT: https://www.icloud.com/keynote/ 0LdLCURat7wHXwlQpuyTENh1Q#2017-01-18_Econ_113_Slides
make
America
Bolshevik Revolution
Foreign Affairs
“The Foundry Where the Future Will Be Forged”
in March 1917 for St. Petersburg, Russia
United States is of more than parochial interest
the U.S. shows the rest of the world the image of its own future
3000 generations removed from those who first developed language, trying to understand the world as monkeys with, as Winnie-the-Pooh would say, "very little brain".
is a mighty aid to our thinking. And history and its narratives are how we do that.
narrative is a mental force multiplier for your brain…
and ideas that do not admit of a narrative historical presentation are crippling themselves…
England…”
—in Trotsky’s words: “the furnace where the future is being forged…”
shadowed by plantation slavery and its echoes down the centuries…
project has been immigration…
comparative context—but unevenly distributed quantum of liberty…
quantum of opportunity—but not any more…
and unequalled quantum of prosperity
growth-oriented industrial policy…
societal well being-oriented industrial policy…
twentieth century era of social democracy
post-industrial services, and is now moving on to ?…
traced to regional geography—and to the cultures that entrenched themselves in that geography…
To the Finland Station: A Study in the Writing and Acting of History (New York: Farrar, Straus and Giroux: 0374533458) http://amzn.to/2jc1t88 z
Autobiography (New York: Scribner: 0873481445) http://amzn.to/2jbLh6M https:// www.marxists.org/archive/trotsky/1930/mylife/
(15%)
a B+.
Dwinelle 228. 104 Tu 9:00am Dwinelle 205. GSIs: Abby Sara Ridley-Kerr aridleykerr@berkeley.edu; Philip Verma philip_verma@berkeley.edu
08knt3VtO9bpTIKHf6ibWHB7g#2017-01-11_Econ_113_S2017_Syllabus
amzn.to/2gskihT. Walter Nugent: Progressivism: A Very Short Introduction http:// amzn.to/2gwhchF. Eric Rauchway: The Great Depression and the New Deal: A Very Short Introduction http://amzn.to/2hvpCGf. David Garland: The Welfare State: A Very Short Introduction http://amzn.to/2gDQMci. Martha L. Olney: Microeconomics as a Second Language http://amzn.to/2hvDCj8. Plus about 2 articles a week…
economic history”
What year are you?
Has Econ 1 been your only previous econ class?
Are you or do you want to be a History/PE major?
Are you or do you want to be an Econ major?
Suppose some quantity is growing at a geometric rate of 3%/year. About how long will it take to grow by a factor of eight?
information to give an answer
Suppose that we have a quantity x that follows the equation: dx(t)/dt = -(0.08)x(t) + 0.32 What is the long-run steady- state asymptote to which x(t) will converge?
information to give an answer
Suppose that the daily demand for lattes by the 30,000 students of Euphoric State University in the town of Avicenna is given by: P = 10 - Q/12,000 where P is the price of lattes in dollars and Q is the number of lattes consumed everyday by the students. Suppose further the supply of lattes is given by: P = 4 that is, as many lattes are demanded will be produced and sold by cafes at a price of $4/latte. What is the equilibrium quantity of lattes?
Marx: Nineteenth-century thinker Karl Marx believed…
for democracy would overthrow capitalism
would smoothly advance together
eventually suppress democracy and cause a return to oligarchy
eventually eliminate both democracy and capitalism
production was the end state of history, and was compatible with either democracy or oligarchy
Keynes: Twentieth-century thinker John Maynard Keynes believed…
could be maintained by clever macroeconomic policy, requiring an active central bank and the somewhat comprehensive socialization of investment
people's lives--their communities, their
market playthings by making land, labor, and finance into "commodities" was playing with fire.
large-scale destructive industrial wars for very long
democracy, and capitalism would win
democracy, and democracy would win
China Stands Up: China's recovery from its long relative economic and political decline that began early in the Qing Dynasty began to gather strength with…
Shikai 袁世凱 in 1911
Xiaoping 邓⼩尐平 in 1977
Kaishek 蔣中正 in 1928
the Chinese Civil War in 1948
led by Zeng Guofan 曾国藩 and Li Hongzhang 李鸿章 beginning in the 1860s
Neoliberalism: The neoliberal movement to place more emphasis on using market- and market-friendly institutions and to moderate the pursuit of socialist and social democratic ends gathered force in…
Reagan in the U.S. and Margaret Thatcher in * the 1990s, with the election of Bill Clinton in the United States and Tony Blair in Britain, and the passage of NAFTA
Johnson in the United States
Eisenhower in the United States
China's joining the WTO
as a whole balanced between bored and lost…
had much in the way of economics will have to work a little harder…
had much in the way of history and moral philosophy will have to work a little harder in different ways and places…
some time building tools:
quantitative assessment tools…
framework tools…
bunch of you further…
a bunch of you lost…
balance…
is going to work…
Letter to Lecturer (1 point) Before the midnight ending the day of Friday, January 20, please use bCourses to send me—the lecturer—a 200- to 400-word letter describing:
none),
taking this course,
know now.