Great Economic Thinkers

P008-902-G

Contact: Teachers: Maik Huettinger, David Rees. Secretary: Virginia Mongondry
Evaluation:  Oral presentation 50%. 
 
                      Course participation 50%
.
Group 1. Thursday 15 January to Friday 20 February

Lesson 1
Maik Huettinger
Thursday 26 February
08h30-10h30

Introduction
All material available on Moodle
Lesson 2
Maik Huettinger
Thursday 26 February
10h30-12h30

Adam Smith
All material available on Moodle
Lesson 3
Maik Huettinger
Thursday 05 March
08h30-10h30

Thomas Malthus and David Ricardo
All material available on Moodle
Lesson 4
Maik Huettinger
Thursday 05 March
10h30-12h30

Jean-Baptiste Say and John Stuart Mill
All material available on Moodle
Lesson 5
David Rees
Thursday 12 March
08h30-10h30
Distance

Karl Marx part 1
Back-Up (in case Teams isn't working correctly)

Charlie Chaplin. Modern Times. Factory scene
Fritz Lang. Metropolis. Ouverture
Film Questions


Extra optional viewing
The Life of Karl Marx (BBC). 59m
How capitalism is killing itself. 35m. The Empire Files (Dr Richard Wolff)


Presentation. Louis Eoche. Can Capitalism survive?

Presentation. Hua Lee. Why were the Enclosures Acts necessary for the Industrial Revolution?

Presentation. Louis Le Coz. Is Marxism in the 21st century a utopian dream?
 
Epistemology (David Rees)

Lesson 6
David Rees
Thursday 12 March
10h30-12h30
Distance

Karl Marx part 2
Political Theory. Karl Marx. 9m. The School of Life.
Marx - introduction. 5m. The curious classroom
25 October 1917. The Russian Revolution (Epic History) (14m)

Crises of capitalism (David Harvey) (11m)
Marx - introduction. 5m. The curious classroom

Manufacturing Consent (Noam Chomsky) (2h46m)
Everything is a Rich Man's Trick (Top Documentary Films. 3h28m)

Presentation. Alexis Mousset. Did the US Monroe Doctrine help suppress Marxism?

Presentation. Shuai Liu. Has Socialism got a future?

Presentation. Eva Gonzalez.  Is the French media a demonstration of Cultural Hegemony?

Globalisation and wealth distribution
(David Rees)
Marx Summary
Lesson 7
Maik Huettinger
Thursday 19 March
08h30-10h30

William Jevons, Carl Menger and Leon Walrus
All material available on Moodle
Lesson 8
David Rees
Thursday 19 March
10h30-12h30

Alfred Marshall, Knut Wicksell and Irving Fischer
The Cambridge Economists pdf. DR

Elasticity. pdf. DR

French Fiscal Policy reduces social welfare. pdf. DR

Responses to  the request for feedback on the Charlie Chaplain and Fritz Lang films.
The colour / colour blind test

See Marx Summary

Presentation. Max Peru. Would Pigou approve of the EU Carbon Tax?
Presentation.
Lei Chen. Is the Welfare State in France under theat?
Presentation. Eliott Roger. What criticisms would Marshall have of the 2026 French budget?


Lesson 9
Maik Huettinger
Thursday 26 March
08h30-10h30

Thornstein Veblen, Wesley Mitchell and John Commons
All material available on Moodle
Lesson 10
Maik Huettinger
Thursday 26 March
10h30-12h30

Carl Menger, von Bawerk, Ludwig von Mises, Friedrich Hayek and Joseph Schumpeter
All material available on Moodle
Lesson 11
David Rees
Thursday 02 April
08h30-10h30

John Maynard Keynes part 1
Masters of Money - John Maynard Keynes (BBC 60m)

Rees. A Keynesian New World Order for the 21st Century
Keynesian New World Order. References
Available in 'Economic Theory and Globalization'

Presentation. Victor de Ponton d'Amécourt.  If Keynesianism was so good, why did it lose its place to Neoliberalism?

Presentation. Jean Havet. Would Keynes approve of the French 2026 budget?

Presentation. Antoine Duvivier. Would Keynes approve of the nationalisation of some French industries?

Elasticity. pdf. DR

Keynes and The New Deal (10m)
Keynesian Economics (5m)
Lesson 12
David Rees
Thursday 02 April
10h30-12h30

John Maynard Keynes part 2
Keynes, the Bancor and the ICU (DR)
The New Deal

Presentation. Alenjake Lindo. What were Keynes’s economic and political criticisms of the Versailles Treaty?

Presentation. Quentin Louis. Was Keynes right to oppose tying currencies to the dollar at Bretton Woods?

Presentation. Raphaël Boudry. Could Keynes solve trade imbalances by introducing the Bancor?

Treaty of Versailles (video 3m)
Economic Consequences of the Peace (book)
Bretton Woods (90s)

Lesson 13
Maik Huettinger
Friday 03 April
08h30-10h30

Joan Robinson, Paul Sweezy, Karl Myrdal, John Galbraith and Ronald Coase
All material available on Moodle
Lesson 14
David Rees
Friday 03 April
10h30-12h30

Milton Friedman and Joseph Stiglitz
Milton Friedman and Chile - the Power of Choice. Free to Choose. (9m)
Key lessons from 'The Chicago Boys' Chile experiment. Stigler Centre. (54m)
Le Duel de Critiques. Milton Friedman vs Pierre Larrouturou et Dominique Méda. BFM Business (in French) (13m)
Naomi Klein critique of Friedman. C-Span. (5m)
Is Progressive Capitalism an Oxymoron? Interview with Joseph Stiglitz. TVO Today. (20m)

Reading
Naomi Klein. The Shock Doctrine.
Robert Reich. Beyond Outrage.
Joseph Stiglitz. Making Globalisatin Work.
Joseph Stiglitz. The Price of Inequality.
Joseph Stiglitz. People Power and Profits

Presentation. Marc Noyer. To what extent are the Bretton Woods institutions under threat today?

Presentation. Killian Pierre. Are Keynes’s criticisms of Friedman’s economic policy justified?

Presentation. Jerin Jomon Thomas. Was Chile under the Chicago Boys a success story?

History of Economic Theory. David Rees

Stiglitz leaves World Bank. N. Y. Times
Joseph Stiglitz: Man who ran World Bank calls for bankers to face the music. Independent.
Joseph Stiglitz Books. Amazon


Lesson 15
David Rees
Friday 03 April
13h30-15h30

Personal political ideology. Right, Left or Lost?
Personal Political Ideology
Opinions - discussion

Economic Theory - concluding remarks.
Some personal ideas
Course evaluation

Political positioning

Left or Right?
Socialist or Capitalist?

Ideological Positioning
Personal Political Position
Opinions

For video links, books and articles - go to 'Links' on this website.