BUS 1050 Lecture Notes - Lecture 8: Usury, Conspicuous Consumption, Mercantilism
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12:30 pm: announcement: review sessions, session 1: friday, 11/18 2:30-3:30 in sfebb 5180, goal of session 1: discuss readings, work essay, etc. Come with questions/problems about particular readings: session 2: friday, 12/2 2:30-3:30 in sfebb 3180, goal of session 2: review and preparation for second exam, send questions beforehand via canvas mail to morgan rivera and dr. Phillips (or ask questions during session: bacon (1561-1626, francis bacon"s background: philosopher, statesman, jurist. Bacon had a huge contribution to society: developed and popularized the scientific method. Focused on sense data and empirical proof. Still used today as framework for most scientific investigations. He wanted to use the scientific method to learn: died of bronchitis (experimenting on use of ice to preserve dead bodies) He discovered that the cellular decay will slow down if it is preserved at a lower temperature. preserved at a lower temperature: very important to bacon"s philosophy of advancing knowledge: the notion of skepticism.