Class 20 Questions on the Financial Crisis as explained by McCulley

Class 20 Questions on the Financial Crisis as explained by McCulley

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Questions on the Financial Crisis as explained by McCulley 1. What is the process of ‘value’ creation in our economic system? 2. What is the analytic or theoretical ‘objective’ of business as taught in the economics as used in the Business School? a. What does that objective assume about “self-interest” of the agent of action called “rational economic man” (or REM)? b. Who does this view assume the ‘self’ of this self-interest is? c. How does this objective differ from the objective of “getting gain” as stated about the Gadianton ‘firms’ in the Book of Helaman? 3. How is the term “human nature” used by McCulley? a. Do humans have a nature in McCulley’s sense? b. How does this sense differ from the “natural man” in Mosiah 3:19?
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Unformatted text preview: c. How does Korihors theory of management in Alma 30:17 fit in with 2a & 3 above? d. Does natural man differ from human nature? 4. What do these ideas imply about the self of self-interest? a. A non-reductive conception of the self a.i. The ego is active: the acting, desiring, willing moment of the self. a.ii. As a self I am an ego but I am not just an ego a.iii. As a self I am also passiveaffected by that which is other than me. Examples: a.iii.1. Pain a.iii.2. Sleep a.iii.3. Illness a.iii.4. Aging a.iv. What I dopursuecan have consequences ensuefollow....
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This note was uploaded on 02/22/2012 for the course MANEC 453 taught by Professor Jerrynelson during the Winter '10 term at BYU.

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