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The dominant world economies — the USA, China, and the European Union — are responding to the economic risks that might arise from the coronavirus with what have become the standard responses to economic crises. They are using debt to create liquidity, demand, and uphold credit markets. As a background to understanding the reasons for and histories of these policies, this course will read several important books that deal with the Great Depression, the financial crisis a decade ago, and the risks of debt.
Format: seminar; Taught Remotely
Grading: no pass/fail option,
yes fifth course option
Two papers of 8-10 pages are required, along with careful reading of the books.
Political Science majors.
PSCI Comparative Politics Courses