Thinking about Capitalism

Economies are deeply complex systems. The marketplace involves many economic actors behaving in rational and irrational ways, sustaining a dizzying array of interconnected activity. Because of the number of participants involved, the unpredictability of their actions, and the sheer variety of possible actions, some degree of economic uncertainty is inevitable. In 24 practical and empowering half-hour lectures, The Economics of Uncertainty takes the mystery and dread out of uncertainty, giving you the tools to deal with risk in every phase of your life.

Since the end of World War II, groups such as the World Trade Organization, International Monetary Fund, World Bank, European Union, and G-20 have sprung up with a variety of missions, including promoting trade, ensuring financial stability, eradicating poverty, and advancing sustainable economic growth. Behind these worthy goals is the ultimate aim: preventing the kind of global economic instability that can easily lead to war.

Why are we choosing to have fewer children, even as we put more time into raising each one? Why are we so often willing to follow the herd and the opinions of strangers when making important decisions, even when those decisions are deeply personal? Most surprising: Why are questions like these increasingly attracting the attention of economists?

Do the lessons passed down to us by history, lessons whose origins may lie hundreds, even thousands of years in the past, still have value for us today? Is Santayana's oft-repeated saying, "Those who cannot remember the past are condemned to repeat it," merely a way to offer lip service to history as a teacher-or can we indeed learn from it? And if we can, what is it that we should be learning?

Gross domestic product. Health insurance. Soaring energy prices. Major economic issues dominate today's news, but how do these issues impact the average citizen? This primer in 21st-century economics for the non-economist surveys today's most urgent economic issues that affect both global events and our everyday lives.You'll learn what economics has to say about making the decisions - big or small - that affect our daily lives.

Behavioral economics is the study of decision making, and of the related themes of valuation, exchange, and interpersonal interactions. Using methods from psychology, sociology, neurology, and economics, behavioral economics sheds light one of the most fundamental activities of human life: the decision process. In 24 insightful lectures, you'll learn how behavioral economists look at decision making and explore a set of key principles that offer deep insight into how we evaluate information and integrate different factors to make decisions.

Economic issues are active in our lives every day. However, when the subject of economics comes up in conversation or on the news, we can find ourselves longing for a more sophisticated understanding of the fundamentals of economics. These 36 lectures will help you think about and discuss economic issues that affect you and the nation every day-interest rates, unemployment, personal investing, budget deficits, globalization, and many more-with a greater level of knowledge and sophistication.

Whether or not we're aware of them, we make important ethical decisions all the time - as professionals, consumers, citizens, parents, sons and daughters, and friends. These 24 thought-provoking lectures offer you the chance to reflect on some of the most powerful moral issues we face in our daily lives: Is it ever OK to lie? What are our moral obligations to others? What is the key to living the good life? From Plato to Kant to Bonhoeffer, you'll see how some of the world's greatest thinkers from across the ages have approached similar problems.

For an accurate picture of how the political, social, and religious structure of present-day Europe came to be-and even why we're speaking English today-studying the key events between the years 500 and 1500 is of critical import. These 24 gripping lectures deliver an unparalleled look at these moments that profoundly changed the arc of history, and they weave the era's vast array of disparate events into an interconnected tapestry that illuminates why nothing exists in a vacuum.

With record-breaking highs one minute and economy-rocking lows the next, it can seem as if there's no way to feel truly comfortable in the mysterious world of finance. But there is, and it's more accessible than you might think. Financial Literacy: Finding Your Way in the Financial Markets is an essential primer on this domain, from its functions, strengths, and possibilities to its weaknesses and vulnerabilities

What is effective reasoning? And how can it be done persuasively? These questions have been asked for thousands of years, yet some of the best thinking on reasoning and argumentation is recent and represents a break from the past. These 24 engaging lectures teach you how to reason, how to persuade others that what you think is right, and how to judge and answer the arguments of others - and how they will judge yours.

Ever since we produced our course Thinking About Capitalism, customers have expressed interest in a follow-up course that could help them understand socialism in the same way. After much consideration, we determined that it actually would be more beneficial to create a course that compares and contrasts the two major global economic theories, examining them in ways that move past the polemics many of us are used to and looking at these systems as they relate to one another and the world at large.

What makes science science? Why is science so successful? How do we distinguish science from pseudoscience? This exciting inquiry into the vigorous debate over the nature of science covers important philosophers such as Karl Popper, W. V. Quine, Thomas Kuhn, Paul Feyerabend, Imre Lakatos, Carl Hempel, Nelson Goodman, and Bas van Fraassen.

Consider the intense and rapid changes that transformed the political, social, and economic struggles of the world during the 20th century: the first flight and space flight, the Manhattan Project and the Welfare State, Nietzsche and Freud, the Great Depression and inflation, moving pictures and home computers, the Cold War and terrorism - and war and peace.

Economic forces are everywhere around you. But that doesn't mean you need to passively accept whatever outcome those forces might press upon you. Instead, with these 12 fast-moving and crystal clear lectures, you can learn how to use a small handful of basic nuts-and-bolts principles to turn those same forces to your own advantage.