PSCI 344 Spring 2013 The Political Theory of Liberal Economics (W)

This course deals with the economic and political writings of four important economists--Adam Smith, John Maynard Keynes, Freidrich Hayek, and Milton Friedman. Although all are remembered primarily as economists, they also engaged in writing political theory. This course will examine the political assumptions and implications of their economic thought and where they agree and disagree, particularly the role they assign to the state in constructing and sustaining markets. How do they conceive of the origin of markets? What role does the state play in making, supervising, and maintaining markets? Do the economists conceive of the state in similar terms and, especially, do the more libertarian economists really proceed as if markets are self-generated and spontaneous? What is it that economic theorists have the state doing? What is their implicit theory of the state?
Class Format: tutorial
Requirements/Evaluation: grades are based on five to six papers and participation
Additional Info: not available for the Gaudino or Pass/Fail options
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Divisional Attributes: Division II,Writing Intensive
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Enrollment Limit: 10
Expected Enrollment: 10
Class Number: 3659
PSCI344-T1(S) TUT Political Theory Liberal Econ (W) Division 2: Social StudiesWriting Intensive Michael D. MacDonald
TBA 3659
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