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Forum for Creativity #5

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ENG-4-MBA Week-5 Translation Assignment

Deadline for submission: 10 days from date of reception.
Sample of translation available for your self-study. View HERE.

Note #5. Back to Square One – Learn Smart – Use Technologies
by Anita H. posted on her profile on LinkedIN: sg.linkedin.com/pub/anita-hoang/86/b1b/b39/

 

Dear LinkedIN friends,

 

Everyday, I feel I am lucky to be living in the age of New Technologies.

With my newly acquired iPad, I am discovering with great pleasure all the apps that link me to all the information I need in just a matter of seconds.

For example, while doing my research on the 3 great economists of our times – Marx, Hayek and Keynes – I could have an overview of their life and works within a few hours, viewing the podcasts on youtube.

In order to understand Marx and his works, I found the series by Yale Open University Courses on the Frankfurt School of Critical Theory that led to the discovery of not only Marx, Engels and Ideology, but also of Theodor Adorno, Walter Benjamin, Bloch and company. Professor David Harvey’s Lectures on Reading Marx’s Capital (“Das Kapital”) in 25 video lectures sessions allowed a close reading of the text of this book which brought a huge impact on our world of today.

For French-speaking students, a few documentaries on Marx’s thinking in French can be useful, for example “La pensée de Karl Marx” par Henri Pena-Ruiz, Professor at The Institut d’études politiques (IEP) de Paris, or “Marx penseur du matérialisme historique, critique du capitalisme par Yvon Quiniou”, in addition to the series “Les Théoriciens de l’économie” on “Karl Marx et sa vision de la crise” which the whole world is rediscovering in light of the global crisis, a phenomenon he had predicted in his works “Das Kapital” some two hundred years ago.

Concerning Frederik Hayek, Nobel prize winner, the series “Les Théoriciens de l’économie” portrayed him as one of the most influential economists, who inspired Margaret Thatcher’s and Ronald Reagan’s policies. His theory on Liberalism also influenced other thinkers and economists such as Karl Popper, Konrad Lorenz, Milton Friedman, just to cite a few.

For me personally, the series on John Maynard Keynes, father of the Keynesian School of Thoughts makes the most sense. In fact, Keynes’ view was that, in the short run, especially during recessions, economic output is strongly influenced by aggregate demand (total spending in the economy), and that the aggregate demand does not necessarily equal the productive capacity of the economy; instead, it is influenced by a host of factors and sometimes behaves erratically, affecting production, employment, and inflation. Hence, the intervention of the government to prevent the economy to go haywire is necessary.

You can find more information on these great economists by listening to the series of audio books available on audible.com. See links under http://sbitrainingsolutions.blogspot.ch/2014/07/the-great-economists-of-modern-times.html.

Well, there must be sufficient food for thought for today.

Till next time,

 

Anita H.
Join Anita H. on LinkedIN: View her profile sg.linkedin.com/pub/anita-hoang/86/b1b/b39/

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