This course will explore alternative ways of thinking about contemporary market economies and their reconstruction. It will do so by addressing three connected themes: the worldwide financial and economic crisis and the response to it, the effort to advance socially inclusive economic growth in richer as well as in poorer countries, and the past, present, and future of globalization. In addressing these themes, it will ask what economics is and should become. For 2012-2013, the central topic will be crisis and the struggle for recovery as provocations to insight and as opportunities for reform.
Students should have some previous acquaintance with economics, but no advanced economic training is required. The course is addressed to undergraduate and graduate students outside as well as within economics.
Readings drawn from the classic and contemporary literatures of economics, philosophy, and social theory.
Extended take-home examination.
Jointly offered by the Law School, FAS, and Kennedy School.