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Showing posts from July, 2016

Student Example Blog Post : Week 1 Capitalism

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Week 1: Theme - Capitalism (Teacher text: Adam Smith - The Wealth of Nations) My Text: The Wolf of Wall Street (Martin Scorcese, 2014) How this relates to the theme? So this film is all about the excess of capitalism and one man's desire to exploit the system. Although everything he does is illegal, Jordan Belfort constantly enjoys success after success and enjoys the best of what America has to offer. This shows how Adam Smith's ideas around 'The Invisible Hand' don't necesarily work when applied in such a crazed and self obsessed way. If people act in their own self interest so much that they do so to the detriment of others and they exploit holes in the system then the economic system does not work in the interest of everybody. Jordan Belfort became extremely rich but also ripped off many people in the process, this is something the film rarely focuses on and many of the economic points in the film are kept in the sidelines, instead the director

Teacher Example Blog Post: Week 1 - Capitalism

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Week 1 - Theme: Capitalism (Economics) Teacher Text:  Adam Smith - The Wealth of Nations (1776) You can read the full text here http://www.econlib.org/library/Smith/smWN.html The Invisible Hand The core of Smith's thesis was that man's natural tendency toward self-interest - in modern terms, looking out for No.1 - results in prosperity. By giving everyone freedom to produce and exchange goods as they pleased (free trade) and opening all markets to competition (international as well as domestic - Smith lived in the age of government chartered monopolies ), people's natural self-interest would bring about universal opulence with very little effort from a nation's government. This free-market force became known as the invisible hand , but it nee

Teacher Questionnaires 2 : More Research

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Who is Andreas Schleicher? Educations Keyzer Soze!

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That tash! Who is this guy?! His name seems to appear in a lot of the reading I have been doing. He has created a test (PISA) that will test students across the globe and compare them equally regardless of culture. Lots of data. Lots of data. And he certainly accounts and champions the creation of new knowledge and skills.  However despite many people loving him, including michael gove,(strangely?)  he still has many critics: " But does Pisa have sufficiently robust data to justify its growing weight? Many critics think not. For one thing, the tests don't work as people think they work. You would expect all pupils to answer the same questions. In fact, according to an analysis by Copenhagen University in Denmark, only 10% of those who took part in Pisa 2006 were tested on all 28 reading questions, and about half weren't tested on reading at all. The  OECD  feeds real scores into a statistical device called the Rasch model so that it can work out "plausibl