PSCI 344
The Political Theory of Liberal Economics Spring 2013
Division II Writing Skills
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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?
The Class: Format: tutorial
Limit: 10
Expected: 10
Class#: 3659
Grading: no pass/fail option, no fifth course option
Requirements/Evaluation: grades are based on five to six papers and participation
Extra Info: not available for the Gaudino or Pass/Fail options
Distributions: Division II Writing Skills

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