Great Economic Thinkers.
2024
P008-902-G

Contact: Teachers: Maik Huettinger, David Rees. Secretary: Lylia Delio
Evaluation:  Oral presentation 25%. 
 
                      Course participation (MCQs) 25%
.
                      Exam 50%.

Group 1. Thursday 18 January to Friday 23 February
Group 2. Thursday 29 February to Friday 12 April

Lesson 1
Maik Huettinger
Thursday 29 February
08h30-10h30

Introduction
All material available on Moodle
Lesson 2
Maik Huettinger
Thursday 29 February
10h30-12h30

Adam Smith
All material available on Moodle



Lesson 3
Maik Huettinger
Thursday 07 March
08h30-10h30

Thomas Malthus and David Ricardo
All material available on Moodle


Lesson 4
Maik Huettinger
Thursday 07 March
10h30-12h30

Jean-Baptiste Say and John Stuart Mill

All material available on Moodle


Lesson 5
David Rees
Thursday 14 March
08h30-10h30

Karl Marx part 1

Introduction

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

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

Theory, concept and history (David Rees)
Marx and Globalisation (David Rees)
Manifesto of the Communist Party
Karl Marx et Frederic Engels, 1848

Presentation:  'Marx and Conflict - what would Marx say about the Current Agricultural Protests in Europe?' Alexandre Sirot.

Presentation:  From the Commons to the Enclosures Act. Chiyu Xiong.
Lesson 6
David Rees
Thursday 14 March
10h30-12h30

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)
Globalisation and wealth distribution (David Rees)
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:  Cultural Hegemony. The Power of the Media. 

Presentation:  'Marx and Alienation. Does it still exist in 2024?'. Manon Broqua


Marx Summary
Lesson 7
Maik Huettinger
Thursday 21 March
08h30-10h30

William Jevons, Carl Menger and Leon Walrus
All material available on Moodle  
Lesson 8
David Rees
Thursday 21 March
10h30-12h30

Alfred Marshall, Knut Wicksell and Irving Fischer

Elasticity. pdf. DR

The Cambridge Economists pdf. DR
Presentation: 'How would Pigou React to the Current Global Warming Crisis?'. Thomas Roux.

Presentation: 'A. C. Pigou and the Taxation of Negative Externalities'. Arjun Athipott.


Presentation: Alfred Marshall. The concept of elasticity. David Rees



Lesson 9
Maik Huettinger
Thursday 28 March
08h30-10h30

Thornstein Veblen, Wesley Mitchell and John Commons
All material available on Moodle
Lesson 10
Maik Huettinger
Thursday 28 March
10h30-12h30

Carl Menger, Eugen Böhm von Bawerk, Ludwig von Mises, Friedrich von Hayek and Joseph Schumpeter
All material available on Moodle
Lesson 11
David Rees
Thursday 04 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: 'What would John Maynard Keynes have to say about Trade, Politics and the Global Economy in 2024?'. Ninon Barreira.

Presentation: Keynes: the propensity to consume, the propensity to save and the multiplier effect. Anna-Carla Barou.


Keynes and The New Deal (10m)
Keynesian Economics (5m)

Keynes on the Bancor and ICU pdf DR
Lesson 12
David Rees
Thursday 04 April
10h30-12h30

John Maynard Keynes part 2





Presentation:  'The Bretton Woods Conference: a Battle of Ideas between John Maynard Keynes and Harold Dexter White'. Emilien Naveau.

Presentation:  Keynes and the Versailles Treaty. Candice Gutman. 

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

Lesson 13
Maik Huettinger
Friday 12 April
08h30-10h30

Joan Robinson, Paul Sweezy, Karl Myrdal, John Galbraith and Ronald Coase
All material available on Moodle
Lesson 14
David Rees
Friday 12 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
MPS/MPC

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 12 April
13h30-15h30

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

Exam 25m (on Moodle - last lesson)

Economic Theory - concluding remarks.
Some personal ideas
"Is the use of the word 'extreme', as in 'extreme right' and 'extreme left' appropriate?"

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