1. Introduction and What this Course Will Do for You and Your Purposes
This video provides a description of the course, including its general theme, the relevant textbooks, as well as the interplay of his course with Professor Geanakoplos's course "Economics 251--Financial Theory." Finance, in his view, is a pillar of civilized society, dealing with the allocation of resources through space and time in order to manage big and important risks. Later on, the emphasization the moral imperative to use wealth for the purposes of philanthropy, in the spirit of Andrew Carnegie, but also of Bill Gates and Warren Buffett is discussed. In conclusion, description on the course is discussed. The timings in the video for each topic covered is as follows:
00:00 - Topic 1. Introduction to the Course
06:12 - Topic 2. Broader Context of the Course
22:41 - Topic 3. Finance as an Occupation
30:40 - Topic 4. Using Wealth for a Purpose
40:30 - Topic 5. Outside Speakers and Teaching Assistants
50:26 - Topic 6. Outline of the Lectures