Economics for Dummies is a good text, but I think the Eggert chapters below are better
Overview of the economic problem
Basic Tools of Mecroeconomics
- Eggert Chapter 1 What is Economics -- Good discussion of the production possibility curve
- Eggert Chapter 11 Demand -- Good discussion of the basic tools of demand theory
Markets -- Demand and Supply
Applications, and Current Events for Discussion
- David Henderson, the Negative Effects of the Minimum Wage, National Center for Policy Analysis, May 4, 2006
- Economist Brief: Minimum Wages, August 15, 2020 -- in Sakai -- Resources -- The Economist
- Brian Asquith, Rent Control: Affordable Housing's Dubious Solution, Milken Institute Review, April 26, 2019 MIDTERM QUESTION
October 4
Microeconomic Principles: Demand, Competition and Monopoly
Current Events for Discussion
- Big Tech's Dominance Harms the US, Financial Times September 28, 2020 in Sakai -- Resources -- Financial Times
- Economist Brief, Competition, August 6, 2020 in Sakai -- Resources -- The Economist
- What Should Tech Reform Look Like? Discussion in Project Syndicate, April 2019 -mainly first essay by Michael Boskin in Sakai -- Resources -- Project Syndicate
- Economist Brief, Competition, August 6, 2020 in Sakai -- Resources -- The Economist
MOST IMPORTANT READINGS
- Eggert Chapter 11 Demand -- good overview of utility -- Make sure you read the sections on indifference curves
- Further Topics in the Theory of Consumer Demand -- Very Important Will Discuss in Class
- Consumer and Producer Surplus
- Perfect Competition
- Monopoly
- Natural Monopoly
- Oligopoly
- Game Theory-- Nash equilibrium
- Cartels
- Ed Dolan, China's Fragile Rare Earth Monopoly, October 23, 2010
- Why China's control of Rare Earths Matters, Financial Times September 21, 2020 (video)
- Robert McNally and Michael Levi, A Crude Predicament, Foreign Affairs, July/August 2011 MIDTERM QUESTION
Optional -- Alternative explanations/illustrations of basic concepts
- Shocks and ores Short-term gyrations in commodity prices may do more damage than long-run trends Economist, Jun 8th 2013
- Monopolistic Competition
- Price and Output in Perfect Competition
- Contestable Markets
- Monopoly Price and Output
- Oligolopy, Eggert Chapter 17
October 6
Market Failures/Microeconomic Applications
MOST IMPORTANT READINGS
- Types of Market Failure
- Missing Markets
- Pigovian Taxes -- Interests of individuals and society do not coincide, Economist, August 19, 2017
- Incomplete Markets
- Inefficiencies
- Negative Externalities
- Polution, Carbon and Waste
- Information Failure
- Moral Hazzard
- Unstable Markets/Prices
- Price Stabilization Schemes
Current Events for Class Discussion
Papers for Class Discussion
- Milan Brahmbhatt and Luc Christiaensen, The Run on Rice, World Policy Journal Summer 2008 -- Midterm Question
- Donald Leal, Saving Fisheries With Free Markets, The Milken Institute Review, First Quarter 2006 -- Midterm Question
- Information Assymetry -- Markets for Lemons, Economist July 23, 2016
- Jonathan Caverley and Ethan Kapstein, Arms Away: How Washington Squandered its Monopoly on Weapons Sales, Foreign Affairs, September/October 2012 -MIDTERM QUESTION
Optional -- Alternative explanations/illustrations of basic concepts
- Schools Brief: Missing Markets (Economist, December 18, 1996)
- Schools Brief: State and Market (Economist, February 26, 1996)
- Merit Goods
- Merit Goods Education
- Demarit Goods
- COP21 Paris
- Positive Externalities
- Property Rights
- Depletion of Fish Stocks
- Road Congestion
- Commodity Agreements
- Labor Market Failures
- N. Gregory Mankiw, Can a Soda Tax Save Us From Ourselves? New York Times, June 4, 2010
October 13
Trade TheoriesFor Class Discussion -- Current Events
- Claussing, Open, Chapter 1
- Douglas Irwin, The pandemic adds momentum to the deglobalisation trend, May 5, 2020
Most Important Readings
- Federal Reserve Bank of St. Louis, Does International Trade Create Winners and Losers, November 2017
- Trade Model: Extensions and Applications--MOST IMPORTANT READING -- Midterm Question
- UNCTAD Trade Statistics and Trends, 2019 -- look through
- Claudia Goldin and Lawrence Katz, The Future of Inequality: the Other Reason Education Matters So Much, Milken Review, Summer 2009, Midterm Question
Current Topics of Interest
- Susan Lund, James Manyika and Michael Spence, The Global Economy's Next Winners: What it Takes to Thrive in the Automation Age, Foreign Affairs June 11, 2019 (Sakai under Resources/Foreiegn Affairs) Midterm Question
- Richard Katz, Mutual Assured Production: Why Trade Will Limit Conflict Between China and Japan, Foreign Affairs, July/August 2013
- Free Trade Facts -- good summary of facts surrounding free trade.
- Alan Blinder, The Free Trade Paradox: The Bad Politics of a Good Idea, Foreign Affairs Januaary/February 2019 (Sakai under Resources/Foreiegn Affairs) Midterm Question
- Dani Rodrik, Globalization's Wrong Turn and How it Hurt America, Foreign Affairs July/August 2019 (Sakai under Resources/Foreiegn Affairs) Midterm Question
Other Readings
- Defense of Free Trade: How Free Trade Made America Great, Wall Street Journal, March 28, 2016
- Federal Reserve Bank of Dallas, Distance and the Impact of Gravity Help Explain Patterns of International Tra+de, July 2011
- Llaura Baughman, Five Myths About Imports, WSJ, May 19, 2014
- Five More Myths About Free Trade Washington Post, April 8, 2016
October 18
Modern Theories of TradeFor Class Discussion
Most Important Readings
- Michael Porter, Enhancing the Microeconomic Foundations of Prosperity: The Current Competiveness Index (Midterm Question) -- MOST IMPORTANT WILL DISCUSS IN CLASS--Older Version
-
Robert Looney, The USA and International Trade (Sakai, Resources, Europa United States, The USA and International Trade 2019, Sections on: Overview and Recent Trends, Major Trading Partners Trends,
- Jeffrey Sachs, Globalization and Patterns of Economic Development (Weltwirtschaftliches Archiv (volume 4, 2000) -- Also Very Important Will Discuss in Class -- MIDTERM QUESTION
-
What Makes Poor Economies Grow -- Debate in Project Syndicate -- Sakai -- Resources -- Project Syndicate -- just look over Midterm Question
-
RGE - China's Dual Circulation Growth Strategy, October 13, 2020 -- Sakai -- Resources -- RGE Assessments -- look over
Other Readings
- Xavier Sala-I-Martin et al., The Global Competitiveness Index: Measuring the Productive Potential of Nations, World Economic Forum, 2007 -- Midterm Question,
- Robert Looney, New Developments on the Rare Earth Front, World Economics, January-March 2011 Midterm Question -- application of Porter Model
- William Bonvillian, Donald Trump's Voters and the Decline of American Manufacturing, Issues in Science and Technology, Summer 2016 ---- Midterm Question
- Richard Katz, China Didn't Take U.S. Jobs, The International Economy, Summer 2016 Midterm questiion
October 20
Protectionism -- Tariffs/Non-Tariff Barriers
For Class Discussion
- Claussing, Open, Chapters 3, 4
- An initial assessment of Phase I trade deal with China, Chad Brown, Peterson Institute January 21, 2020
- David Dollar and Adrianna Pita, Will the new US-China trade deal end the trade war? Brookings, January 16, 2020 (video)
- Measurement of Globalization, Foreign Policy October 2009
- Infographic: History of Trade Wars
- Trump's Trade War Timeline, Peterson Institute
Most Important Readings
- Daniel Drezner, The Outsourcing Bogeyman Midterm question -- Will Discuss in Class (Foreign Affairs, May/June 2004
- Alan Blinder, "Offshoring: The Next Industrial Revolution?" Foreign Affairs March/April 2006 -- presets a contrasting view to Drezner of outsourcing MIDTTERM QUESTION
- Michael Spence, The Impact of Globalization on Income and Employment: The Downside of Integrating Markets, Foreign Affairs, July/August 2011 MIDTERM QUESTION
- Ha Jiming and Adam Posen, Economic Truths Towards Resolving China-US Trade Conflict, Chapter 1 inUS-China Economic Relations: From Conflict to Solutions -- Part I, Peterson Institute for International Economics, June 2018 -- Midterm Question
- Weijian Shan, The Unwinnable Trade War" in Sakai - Resources - Foreign Affairs tab.
Other Readings
- Tom Donilon, Trump's Trade War is the Wrong Way to Compete With China, Foreign Affairs June 25, 2019 (Sakai under Resources/Foreiegn Affairs) Midterm Question
- Andrew Nathan, How China Really Sees the Trade War: Xi Still Believes He Has the Upper Hand Foreign Affairs June 27, 2019 (Sakai under Resources/Foreiegn Affairs) Midterm Question
- Douglas Irwin, The Truh About Trade: What Critics Get Wrong About the Global Economy, Foreign Affiars, July/August 2016 -- Midterm question
- Douglas Irwin, the False Promise of Protectionism: Why Trump's Trade Policy Could Backfire, Foreign Affairs, May/June 2017 -- midterm question
- Hugo Erken, US Global Value Chain Integration: A Major Impediment for Trump's Protectionist Trade Agenda, Rabobank, June 30, 2017
- Gary Hufbauer and Sean Lowry, US Tire Tariffs: Saving Few Jobs at High Cost, Peterson Institute for International Economics, April 2012 MIDTERM QUESTION
- Brookings, The Changing Nature of Manufacturing, April 2016
- The US Manufacturing Base: Four Signs of Strength Theodore H . Moran and Lindsay Oldenski, Peterson Institute, June 2014 MIDTERM QUESTION
- Michael Spence et al., New World Order, Labor Capital and Ideas in the Power Law Economy, Foreign Affairs (July/August 2014 --MIDTERM QUESTION
- Andrew Nathan, How China Really Sees the Trade War: Xi Still Believes He Has the Upper Hand Foreign Affairs June 27, 2019 (Sakai under Resources/Foreiegn Affairs) Midterm Question
Current events for class discussion
- Economic Consequences of the Trade Policies of the Presidental Candidates, Peterson Institute, September 19, 2016 WATCH THIS ONE FOR SURE
October 25
Trade Agreements--GATT/WTO
For Class Discussion
- Claussing, Open, Chapters 3, 4
- Ruchir Sharma, The Rescues Ruining Capitalism, Wall Street Journal, July 24, 2020 in Sakai under resources -- Wall Street Journal Current Events
Most Important Readings
- WTO in Brief -- read for class
- WTO: 10 Benefits -- read for class
- WTO: 10 Misunderstandings -- read for class discuss in class
- Robert Looney, The Cancun Conundrum: What Future for the World Trade Organization, Journal of Third World Studies (Fall 2004) Will Discuss in Class -- MIDTERM QUESTION.
- Fred Hu and Michael Spence, Why Globalization Stalled: And How to Restart It, Foreign Affairs July/August, 2017 MIDTERM QUESTION
Other Readings
- David Dollar and Peter Petri, Why it's time to end the tit-for-tat tariffs in the U.S. China Trade War, Brookings, October 5, 2018 MIDTERM QUESTION
- Adam Posen, Economics-Based Principles for a Post-Conflict China-US Commercial Regime, China & World Economy September 2018 MIDTERM QUESTION
- Jeffrey Schott, What Should the United States Do about Doha, Peterson Institute for Internaitonal Economics, June 2011 --MIDTERM QUESTION
Other Readings
- Greg Rushford, WTO in the Crosshairs, Mlken Institute Review, Quarter 2017
- Greg Rushford, Murder on the Doha Express, Milken Institute Review, First Quarter 2012
- Amrita Narlikar, The Power of the Powerless: The Politics of Poverty at the Doha Round, Foreign Affairs, March 12, 2015
October 27
Security, Global Competition and United States Policy
For Class Discussion
- Rana Foroohar, Globalized Busines is a US Security Issue, Financial Times, July 15, 2018
- Stu Woo, The High Cost of the Technology Cold War, Wall Street Journal October 23, 2020 -- in Sakai -- Resources -- Wall Street Journal Current Events
Most Important Readings
- T. Moran, The Globalization of America's Defense Industries: Managing the Threat of Foreign Dependence (International Security, Summer 1990) -- long, but important for national security issues Most important reading COUNTS FOR TWO MIDTERM QUESTIONS
- Moises Naim, The Five Wars of Globalization -- illegal markets -- Midterm question -- Will Discuss in Class(Foreign Policy) MIDTERM QUESTION
- Moises Naim, Mafia States: Organized Crime Takes Office, Foreign Affairs, May/June 2012 MIDTERM QUESTION
- Daniel Yergin, Ensuring Energy Security, Foreign Affairs, March/April 2006 MIDTERM QUESTION
- Michael Ross, Blood Barrels: Why Oil Wealth Fuels Conflict, Foreign Affairs, May/June 2008 MIDTERM QUESTION
- Theodore Moran, Feeding the Dragon: Is China Trying to Swallow the World's Natural Resources, The Milken Institute Review, Third Quarter 2010 MIDTERM QUESTION
- Interagency Task Force, Assessing and Strengthening the Manufacturing and Defense Industrial Base and Supply Chain Resiliency of the United States, September 2018, Chapters V and VI Midterm Question
Other Readings
- Robert Looney Recent Developments on the Rare Earth Front: Evidence of a New Technocratic Mercantilism Emerging in China, World Economics, January-March 2011 MIDTERM QUESTION
- Boston Consulting Group, Made in America, Again: Why Manufacturing Will Return to the United States, August 2011 MIDTERM QUESTION
- Derek Scissors, Free Markets and National Defense: U.S. Import Dependence on China, Heritage Foundation, September 21, 2010 MIDTERM QUESTION
- Tom Donilon, Energy and American Power: Farewell to Declinism, Foreign Affairs, June 15, 2013 MIDTERM QUESTION
- Kym Anderson, How Can Trade Improve food Security in Sub-Saharan Africa? Stanford, January 23, 2012 MIDTERM QUESTION
- Hal Weitzman, Resource Nationalism: Beyond Ideology: The Western Hemisphere and an Old Policy Standby, The Americas Quarterly, January 2013 MIDTERM QUESTION
November 1
Economic Integration -- United States/NAFTA
Current Events
- The USMCA: New, Modestly Improved, but Still Costly, Peterson Institute, December 17, 2019 Midterm Question
Most Important Readings
- Sidney Weintraub, Scoring Free Trade: A Critique of the Critics -- NAFTA (Current History, February 2004) Midterm
- Jorge Castaneda, NAFTA at 10: A Plus or a Minus? (Current History, February 2004) Midterm
- NAFTA at 20 Ready to take off again? Two decades ago the North American Free-Trade Agreement got off to a flying start. Then it stalled Economist, Jan 4th 2014
- Gary Clyde Hufbauer and Jeffrey Schott, NAFTA's Bad Rap, The Internatioal Economy,Summer 2008 Midterm
- Jeff Schott, USMCA a step backwards, 2018
- Uwe Deichmann, The Economic Geography of Regional Integration, Finance & Development December 2008 -- Exam Question
- Jeff Schott, TPP Origins and Outcomes, 2018 Midterm Question
Other Readings
- NAFTA's Economic Impact, Council on Foreign Relations, July 26, 2016
- The Debate over Brexit, Council on Foreign Relations June 30, 2016
- Richard Katz, Getting TPP Right is Better than Getting it Fast, Foreign Affairs May 12, 2015 -- Exam Question
- Jeffrey Sachs Argument Against the TPP, Boston Globe, October 2016
- Brookings: The Case for the TPP, October 2016 -- Exam Question
Hina Rabbani Khar, Gated Globalization, in Mark Leonard ed., Connectivity Wars: Why Migration, Finance and Trade are the Geo-Economic Battlegrounds of the Future. Midterm Question
November 3
Sanctions
Current Events for Discussion
Most Important -- Sanctions
- Richard Haass, Sanctioning Madness (Foreign Affairs, November/December 1997) -- In Sakai Foreign Affairs Folder -- Most Important -- Final Exam Question
- Peter Harrell,The Path to Renewed Oil Sanctions on Iran, Foreign Affairs, August 8, 2018 (on Sakai in Foreign Affairs tab) -- Final Exam Question
- Michael Chaitkin, Understanding Sanctions Effectiveness, 2010
Final Exam Question
- Emma Ashford, Not-So-Smart Sanctions, Foreign Affairs January/February 2016 Final Exam question --- in Sakai, Foreign Affairs folder
- Peter Harrell,The Path to Renewed Oil Sanctions on Iran, Foreign Affairs, August 8, 2018 (on Sakai in Foreign Affairs tab) -- Final Exam Question
November 8
MIDTERM EXAMINATIONNovember 10
Balance of Payments/Introduction to Exchange RatesCurrent Events for Class Discussion
- Eduardo Porter What can be done about the trade Deficit New York Times October 18, 2017
Most Important Readings
- Congressional Research Service, US Trade Deficit, An Overview, March 8, 2019
- CFR, The Trade Deficit: How Much Does it Matter? October 17, 2017
- George Alessandra, Trade Deficits Aren't As Bad as You Think, Federal Reserve Bank of Philadelphia, First Quarter, 2007 -- Final Exam Question
- Deutsche Bank Research, The U.S. Balance of Payments:
Wide-Spread Misconceptions and Exaggerated Worries (October 1, 2004)
- Herb Stein, The Balance of Payments
- Alison Butler, Trade Imbalances and Economic Theory: The Case for a US Japan Trade Deficit (Federal Reserve Bank of St. Louis Review, March/April 1991) -- Older, but good link-in with macroeconomics -- Final Exam Question
Other Balance of Payments
November 15
Determinants of Exchange RatesCurrent Events for Discussion
- Papers on Sakai -- Resources--Current Events-August 21 on exchange rates
- Unintended Consequences: Trump and Warren's bipartisan plan for the US dollar, Brookings, February 20, 2020 read for class
Most Important Readings
- Owen Humpage, A Correct Value for the Dollar (Federal Reserve Bank of Cleveland, Economic Commentary January 1, 1986) read for class
- The Big Mac Index, The Economist, July 26, 2012
The index is based on the theory of purchasing-power parity, which says that exchange rates should eventually adjust to make the price of a basket of goods the same in each country.
- The Big Mac Index, The Economist January 12, 2012
Burgernomics shows Switzerland has the most overvalued currency
- Robert Looney, Dollarization in Latin America, Milken Institute Review, 2017
- Federal Reserve Bank of Chicago: Strong Dollar/Weak Dollar -- final exam question
- Joseph Gagnon, Combating Widespread Currency Manipulation, Policy Brief, July 2012 -- FINAL EXAM QUESTION
Other Exchange Rate Readings
- Robert Looney, Build-up to the Turkish Crisis, Milken Institute Review, August 2017
- Robert Looney, Venezuela's Crypto-Currency, Milken Institute Review, February 29, 2018
- Pegs and Floats (Federal Reserve Bank of Philadelphia, May/June 1980) old, but still good overview -- Final Exam question
- Ed Dolan, The Senate's Currency Manipulation is Not Only Bad Policy But unneceswsary, October 12, 2011
November 17, 22
Macroeconomics/Payments AdjustmentMost Important Readings
- Overview Map of Macroeconomic Approaches/Theories
- Peter McCleland, A Layman's Guide to the Keynesian/Monetarist Debate--very good -- easy introduction and overview of macroeconomics
If you haven't had economics before, the chapters in Eggert bring you up-to-speed.
- Eggert, Chapter 7 -- The Macroeconomy: Gross National Product
- Eggert, Chapter 8 -- Unemployment and Inflation
- Eggert, Chapter 9 -- Money and Monetary Policy
- Diane Coyle, Beyond GDP: What the measue of economic performance misses about economic performance, Foreign Affairs February 16, 2014 -- final exam
- Peter McCleland, A Layman's Guide to the Keynesian/Monetarist Debate--very good -- easy introduction and overview of macroeconomics
- Basic Macroeconomic Framework, pp. 17-25 -- Important, but a little technical and mathematical -- I will go over in class to hit the high points. On the Powerpoint page there is a good video on the IS/LM framework
- J.A. Cacy, The Choice of a Monetary Policy Instrument (Federal Reserve of Kansas City) -- More intutitive overview of the LM/IS Framework
- Keynesian vs. Monetarist Doctrine: Policy Issues -- Will discuss in class -- final exam question
- Deutsche Bank, "I'm an Austrian in Economics" September 16, 2011 -- Final Exam Question
- Richard Haass, The Strategic Implications of U.S. Debt, Testimony, April 6, 2016 -- download the *.pdf file Final Exam Question
Other readings
- Jason Furman, Extracting the Signal from the Noise: Tips for Interpreting Macroeconomic Data, Milken Institute Review October 2016
- Jason Furman, Extracting the Signal from the Noise: Tips for Interpreting Macroeconomic Data, Milken Institute Review October 2016
- Overview of Macroeconomics -- Keynes vs Hayek
- Keynes vs Hayek -- Round Two
- Scary tale about the Federal Reserve's QE2 policy
GDP, National Accounts
- Robert Looney, The Boko Haram Economy, Foreign Policy, July 15, 2014 -- Example of rebasing
- Peter Passell, Prosperity Isn't Just a Matter of Wealth, Foreign Policy, November 2, 2012
- Oxford Analytica, GDP's Status as a Bench Mark Will Wane, February 14, 2014
- Legatum Institute, Prosperity Index, 2012
- David Brooks, Capitalism for the Masses, NYT, February 20, 2014
- Morten Jerven, Quizzing African GDP Stats, This is Africa, December 17, 2012
- Richard Easterlin, When Growth Outpaces Happiness, New York Times, September 27, 2012
Macroeconomic Theory -- Most Important
- Peter McCleland, A Layman's Guide to the Keynesian/Monetarist Debate--very good -- easy introduction and overview of macroeconomics
- Chapter 22, Pugel International Economics (Sakai -- Supplemental Texts) for a good discussion of macroeconomic framework with LM/IS curves
- Another graphical presentation of the LM-IS model
- L. Reynolds, Synthesis of Monetary Analysis and Income Analysis (LM/IS)-- only if you have a hard time following the previous paper
- Edmund Phelps,The Fantasy of Fiscal Stimulus, Wall Street Journal, October 30, 2018
- Investment and the Real Rate of Interest (Fischer) -- Classical Macroeconomics
- Robert Looney, Reaganomics, Handbook of Political Economy
- FSRB, John Williams, Economics Instruction and the Brave New World of Monetary Policy, June 6, 2011 -- updates -- Keynesians vs Monetarists Paper -- Final Exam Question
November 29, December 1
International Monetary System/Global Financial Institutions/Factor MovementsMost Important Readings
- Beyond Bretton Woods 2, The Economist, November 4, 2010 -- Is there a better way to organize the world's currencies?
- Ken Rogoff, The IMF Strikes Back (Foreign Affairs, January/February 2003)
- Claussing, Open, Chapter 7
- Claussing, Open, Chapter 8
Other Readings
- Robert Carbaugh and David Hedrick, Will the Dollar Be Dethroned as the Main Reserve Currency? Global Economy Journal 2009
- Brrry Eichengreen and Ngaire Woods, The IMF's Unmet Challenges," Journal of Economic Perspectives, Winter 2015
- Michael Clemens and Michael Kremer, The New Role for the World Bank, Journal of Economic Perspectives, Winter 2016
- Robert Looney, IMF in Jamaica, Foreign Policy, February 12, 2014
- Robert Looney, Egypt and the IMF, Milken Institute Review, November 14, 2016
- Three’s a crowd: The instability that stems from trilemmas The Economist, Jul 5th 2014
- Atish Rex Ghosh, On Center Stage (IMF), Finance and Development, September 2014 --
- John Williamson, Beijing Consensus versus Washington Consensus, Chapter, Robert Looney ed., Handbook of Emerging Economies, 2013 (Sakai) FINAL EXAM QUESTION
December 6/8
Global Crisis/Current DevelopmentsMost Important
- Robert Levine, Adjusting to Global Change: The Dangerous Road Ahead, Rand, 2009 -- COUNTS FOR 2 QUESTIONS
- Congressional Budget Office, Outlook 2020-2030 (has link to main report)
- For a summary of the latest professional assessment of the rest of 2020 and into 2021 see RGE-12-01-2020-Scenarios (in Sakai -- RGE Assessments)
- For the latest full spectrum professional assessment of the rest of 2020 and into 2021 see RGE-Charting-Views-12-2020 (in Sakai -- RGE Assessments)
- Carmen Reinhart and Vincent Reinhart, The Pandemic Depression: The Global Economy will Never Be the Same, Foreign Affairs September/October 2020 (in Sakai -- resources--Foreign Affairs Articles Final Exam Question -- Pessimistic
- Ruchir Sharma, The Comeback Nation: U.S. Economic Supremacy Has Pepeatedly Proven Declinists Wrong, Foreign Affairs May/June 2020 (in Sakai -- resources--Foreign Affairs Articles Final Exam Question -- Optimistic
- Sebatian Mallaby, The Age of Magid Money: Can Endless Soending Prevent Economic Calamity, Foreign Afffairs, July/August 2020 in Sakai -- Resources -- Foreign Affairs Articles Finan Exam Question
Current Developments
- What Should a Fiscal Response to a Covid-19 Outbreak Look Like? Brookings, March 3, 2020
- Peter Goodman, For the World Economy, a Grim Slog Tempered by New Hopes, New York Times, November 27, 2020 -- in Sakai -- Resources -- New York Times
- Neil Irwin, Janet yellen Has Excelled at Big Jobs. This Will Be the Hardest One Yet, New York Times, November 24, 2020 -- in Sakai -- Resources -- New York Times
- Ben Casselman, U.S. Economy Stumbles as the Coronavirus Spreads Widely, New York Times, November 25, 2020 -- in Sakai -- Resources -- New York Times
- For the latest full spectrum professional assessment of the rest of 2020 and into 2021 see RGE-Charting-Views-12-2020 (in Sakai -- RGE Assessments)
Other Articles
- Financial Crisis -- Ten Years Later, Economist, September 6, 2018
- Uri Dadush, Global Rebalancing: the Dangerous Obsession, Carnegie Policy Brief, February 2011
- Guillermo Ortiz, The Challenges to Achieving Sustainable Growth in Latin America, Think Tank 20, October 2014
- Hafez Ghanem, Growth and Convergence in the Arab Region, Think Tank 20, October 2014
- Roger Altman and Richard Haass, American Profligacy and American Power, Foreign Affairs, November/December 2010
- Mark Blyth, Austerity: The History of a Dangerous Idea, Milken Review Third Quarter 2013 FINAL EXAM
- Mark Blyth and Eric Lonergan, Print Less but Transfer More: Why Central Banks Should Give Money Directly to the People, Foreign Affairs, September October 2014
- Thomas Wilett et al., The Slow Spread of the Global Crisis, Journal of International Commerce, Economics and Policy, 2010
- Ian Bremmer and Nouriel Roubini, A G-Zero World, Foreign Affairs, January 31, 2011
- Michael Pettis, The G20 Meetings: No Common Framework, No Consensus, Carnegie Endowment for International Peace, May 2009 Final Exam
December 14
FINAL EXAMINATION 1-3