Moral Foundations of Politics (PLSC 118)
In this economics-oriented lecture, Professor Shapiro introduces neoclassical utilitarianism as it was formulated by economist Vilfredo Pareto and further described by Francis Edgeworth, examining such concepts as indifference curves, transitivity, the Pareto principle, and the Edgeworth box diagram. It is revealed that the main departure of neoclassical utilitarianism from classical utilitarianism was that it did away with Bentham's troublesome interpersonal comparisons of utility. However, Professor Shapiro explains that, if classical utilitarians didn't take the differences between individuals seriously enough, neoclassical utilitarians take these differences hyper-seriously. If classical utilitarianism can be interpreted as a radically redistributive doctrine, neoclassical utilitarianism becomes the exact opposite; that is, a doctrine that is quite friendly to the status quo.
00:00 - Chapter 1. Introduction and Class Agenda
09:03 - Chapter 2. Neoclassical Theory of Microeconomics
20:58 - Chapter 3. Analysis of the Distribution of Utility between Two People
31:51 - Chapter 4. The Edgeworth Box Diagram and Pareto Possibility Frontier
39:42 - Chapter 5. Comparing Classical and Neoclassical Utilitarianism
Complete course materials are available at the Open Yale Courses website: http://open.yale.edu/courses
This course was recorded in Spring 2010.
Tagged under: Enlightenment,Bentham,Pareto,efficiency,neoclassical utilitarianism,utility,Edgeworth,distribution,economics
Clip makes it super easy to turn any public video into a formative assessment activity in your classroom.
Add multiple choice quizzes, questions and browse hundreds of approved, video lesson ideas for Clip
Make YouTube one of your teaching aids - Works perfectly with lesson micro-teaching plans
1. Students enter a simple code
2. You play the video
3. The students comment
4. You review and reflect
* Whiteboard required for teacher-paced activities
With four apps, each designed around existing classroom activities, Spiral gives you the power to do formative assessment with anything you teach.
Carry out a quickfire formative assessment to see what the whole class is thinking
Create interactive presentations to spark creativity in class
Student teams can create and share collaborative presentations from linked devices
Turn any public video into a live chat with questions and quizzes