Globalization:
Economic Thought and Economic Ethics
Econ 290 AA: Spring, 2009
Instructor Kellin C. Stanfield
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visit his teaching webpage
send him an e-mail
Office: Harrison Hall, Room 205
Office hours: MW 3-4; Th 1-3
Office Phone: (765) 658-5943
Course Resources
Syllabus
www.imf.org: International Monetary Fund
www.worldbank.org: World Bank
www.wto.org: World Trade Organization
www.un.org: United Nations
www.undp.org: United Nations Development Programme
www.Latin-Focus.com: Source for Latin American Economic News and Indicators
www.iadb.org: Inter-American Development Bank
Assignments
Book Review Assignment (1st Review Due 3/5/2009)
Final Exam
Course Outline
PART I.A: History of the Free Trade Debate
Pre-Classical Thought
1/29/09( Discussion Questions )
Irwin, Against the Tide, Introduction, Chapters 1 & 2
2/3/09( Discussion Questions )
Irwin, Against the Tide, Chapters 3
2/5/09( Discussion Questions )
Irwin, Against the Tide, Chapters 4
Classical Political Economy
2/10/09( Discussion Questions )
Irwin, Against the Tide, Chapters 5 & 6
Cases for Protection
2/12/09
Irwin, Against the Tide, Chapters 7 (Group 1), 8 (Group 2), & 9 (Group 3)
2/17/09
Irwin, Against the Tide, Chapters 10 (Group 4), 12, & 13 (Group 5)
Additional Sources (not required reading)
Baer, The Economics of Prebisch and ECLA, Economic Development and Cultural Change 1962 (e-journal)
Singer, The Distribution of Gains Between Investing and Borrowing Countries, American Economic Review 1950 (e-journal)
Schneider, Swedens Economic Recovery and the Theory of Comparative Institutional Advantage, Journal of Economic Issues, June 2007 (e-journal)
Cypher and Deitz, Static and Dynamic Comparative Advantage: A Multi-Period Analysis with Declining Terms of Trade, Journal of Economic Issues, June 1998 (e-journal)
PART I.B: The Recent Record of Globalization
Global Institutions/Organizations & Global Neoliberalism
2/19/09( Discussion Questions )
Stiglits, Globalization and Its Discontents, Chapter 1
DeMartino, Global Economy, Global Justice, Introduction
2/24/09
Stiglits, Globalization and Its Discontents, Chapters 2 & 3
Cervantes-Gautschi, "Larry Summers, Champion of Wall Street Greed Attained by Impoverishing the Mexican People," American Program Commentary, Nov. 11, 2008 (link to article)
Financial Crisis
2/26/09 & 3/3/09
Stiglits, Globalization and Its Discontents, Chapter 4
Grabel, "Mexico Redux? Making Sense of the Financial Crisis of 1997-1998," Journal of Economic Issues June 1999 (e-journal)
Cypher, Mexico: Financial Fragility or Structural Crisis, Journal of Economic Issues June 1996 (e-journal)
Additional Sources: Latin American Crisis in 1980s (not required reading)
Dietz, The Debt Cycle and Restructuring in Latin America Latin American Perspectives 1989 (e-journal)
Brysk and Wise, "Liberalization and ethnic conflict in Latin America," Studies in Comparative International Development Summer 1997 (e-journal)
Transitioning Economies
3/10/09
Stiglits, Globalization and Its Discontents, Chapters 5 & 7
Marangos, "International Trade Policies for Transition Economies: The Post Keynesian Alternative," Journal of Post Keynesian Economics Summer 2001 (e-journal)
PART II.A: Normative Considerations behind the International Economic Policy Debate
Normative Matters and Neoclasscism
3/12/09 & 3/18/09
DeMartino, Global Economy, Global Justice, Intro to Part I, Chapters 1 & 2
Normative Matters and Heterodoxy
3/20/09 & 3/31/09 & 4/2/09
DeMartino, Global Economy, Global Justice, Chapter 3
Guest Lecture
4/7/09
George DeMartino: Global Economy, Global Justice Part I and Intro to Ch. 6
Normative Matters Across Borders
4/9/09
DeMartino, Global Economy, Global Justice, Intro to Part II, Chapter 4
Normative Matters and the International Policy Debate
4/14/09 & 4/16/09
DeMartino, Global Economy, Global Justice, Chapters 5
Global Inequality: Inter- and Intra-National Inequality
Milanovic's Global Income Inequality: Global Income Inequality: What It Is and Why It Matters
Levy Institute Measure of Economic Well-Being (Wolff, Zacharias, Masterson) "Postwar Trends in Economic Well-Being in the United States, 1959-2004"
Human Development Indices: HDR 200/7/2008 Technical Note & HDI Indices 2007/2008
Gross National Happiness: GNH Webpage
4/23/09
DeMartino, Global Economy, Global Justice, Chapters 6
PART II.B: The Future of Global Economic Integration
Globalization and Inter-Group Conflict
4/28/09
Chua, World on Fire, Introduction, Chapter 2
4/30/09
Chua, World On Fire, Chapters 4 & 11
Internationalist Principle of Capabilities Equality
5/5/09
DeMartino, Global Economy, Global Justice, Chapter 7
Chua, World On Fire, Chapter 12
The Future of Global Institutions/Organizations
5/07/09
Stiglits, Globalization and Its Discontents, Chapters 9