Sophomore Economics Tutorial: Economic Thought in Practice in the 20th Century
CSS 220
Fall 2022
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01
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The tutorial begins with a consideration of the role of markets and capitalism in a free economic system and continues with a consideration of the macroeconomic debate over government activism in the mixed market system. The next three weeks take up, in turn, three important developments in modern-day market capitalism, namely the influence of money and finance on political power, workers' agency and human capital, and corporate power and government regulation. The final three weeks are devoted to a discussion of global inequality, globalization and its discontents, and the future of capitalism in its possible variants. Readings include work by Friedrich Hayek, Milton Friedman, Janos Kornai, John Maynard Keynes, Thomas Philippon, Binyamin Appelbaum, Joseph Blasi and Douglas Kruse, Louis Putterman and Gregory Dow, Joseph Stiglitz, Jagdish Bhagwati, Branko Milanovic, Heather Boushey, and Robert Reich. |
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| Credit: 1.5 |
Gen Ed Area Dept:
SBS ECON |
| Course Format: Discussion | Grading Mode: Credit/Unsatisfactory |
| Level: UGRD |
Prerequisites: None |
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Fulfills a Requirement for: (CSS) |
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Past Enrollment Probability: Not Available |
| SECTION 01 - 1st Trimester |
Major Readings: Wesleyan RJ Julia Bookstore
Required Texts (available for purchase at R.J. Julia on Main Street):
Binyamin Appelbaum, THE ECONOMISTS' HOUR: FALSE PROPHETS, FREE MARKETS, AND THE FRACTURE OF SOCIETY, Little , Brown and Company (New York, NY) 2019 ISBN: 978-0-316-51232-9 LCCN:2019933753
Jagdish Bhagwati, IN DEFENSE OF GLOBALIZATION, Oxford University Press (New York, NY) 2007 ISBN-13: 978-0-226-73479-8 (pbk.)
Joseph R. Blasi, Richard B. Freeman and Douglas L. Kruse, THE CITIZEN¿S SHARE: REDUCING INEQUALITY IN THE 21ST CENTURY, Yale University Press (New Haven CT) 2014 ISBN: 978-0-300-20933-4 (pbk.)
Heather Boushey, UNBOUND: HOW INEQUALITY CONSTRICTS OUR ECONOMY AND WHAT WE CAN DO ABOUT IT, Harvard University Press (Cambridge MA) 2019 ISBN: 9780674919310
Milton Friedman, CAPITALISM AND FREEDOM, The University of Chicago Press (Chicago IL) 2020 ISBN: 978-0-300-20933-4 (pbk.)
Branko Milanovic, THE HAVES AND THE HAVE-NOTS, Basic Books (New York, NY) 2011 ISBN: 978-0-465-01974-8 (pbk.)
Branko Milanovic, GLOBAL INEQUALITY: A NEW APPROACH FOR THE AGE OF GLOBALIZATION, The Belknap Press of Harvard University Press (Cambridge MA) 2016 ISBN: 9780674984035 (pbk.) LCCN: 2015043601
Branko Milanovic, CAPITALISM, ALONE: THE FUTURE OF THE SYSTEM THAT RULES THE WORLD, The Belknap Press of Harvard University Press (Cambridge MA) 2019 ISBN: 978-0-674-98759-3
Thomas Philippon, THE GREAT REVERSAL: HOW AMERICA GAVE UP ON FREE MARKETS, The Belknap Press of Harvard University Press (Cambridge MA) 2019 ISBN: 9780674237544 LCCN: 2019018624
Robert B. Reich, SAVING CAPITALISM: FOR THE MANY NOT THE FEW, Vintage Books (New York, NY) 2016 ISBN: 978-0-345-80622-2 (pbk.)
Joseph E. Stiglitz, GLOBALIZATION AND ITS DISCONTENTS REVISITED: ANTI-GLOBALIZATION IN THE ERA OF TRUMP, W.W. Norton and Company (New York, NY) 2018 ISBN: 978-0-393-35516-1 (pbk.)
Other Readings: Readings from sources other than the above list of required texts will be provided on Moodle.
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Examinations and Assignments:
Weekly Papers at the beginning of each class meeting |
Additional Requirements and/or Comments:
Course open to CSS Sophomores only. |
| Instructor(s): Bonin,John P. Times: .....F. 02:00PM-04:00PM; Location: 330HIGH105; |
Permission of Instructor Required
Enrollment capacity: 10 | Permission of instructor will be granted during the drop/add period. Students must submit either a ranked or unranked drop/add request for this course. |
| Drop/Add Enrollment Requests | | | | | |
| Total Submitted Requests: 0 | 1st Ranked: 0 | 2nd Ranked: 0 | 3rd Ranked: 0 | 4th Ranked: 0 | Unranked: 0 |
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