ACADEMICS

Academic Readings

Political Science- Dr. John Baker

Course Syllabus

Readings

• The Art of War
• "Constitutional Foundation for the United States Economy" by Professor John S. Baker

Economics- Dr. Andy Morriss

Course Syllabus and Reading Guide

Class 1: Market "Experiment" - No Reading Assignment

Class 2: Spontaneous Order & Markets

• Reading Assignment: Friedrich A. Hayek, The Use of Knowledge in Society, American Economic Review, v. 35(4), pp. 519-30 (1945). http://www.econlib.org/library/Essays/hykKnw1.html
• Henry Hazlitt: Economics in One Lesson Part 1

Class 3: The Role of Property Rights in Economic Development

• Hernando de Soto, The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else (2000), pp. 1-67

Class 4: Class Experiment - Property Rights

Class 5: Trade and Comparative Advantage

• Henry Hazlitt: Economics in One Lesson Part 3
• Douglas A. Irwin, Free Trade Under Fire (Princeton University Press, 2nd ed., 2005), pp. 25-49
• Alan Blinder, Free Trade in the Concise Encyclopedia of Economics at: http://www.econlib.org/library/Enc/FreeTrade.html

Class 6: The Trade Debate

• Paul A. Samuelson, "Where Ricardo and Mill Rebut and Confirm Arguments of Mainstream Economists Supporting Globalization," Journal of Economic Perspectives, vol. 18(3), Summer 2004, pp. 135-146.
• Jagdish Bhagwati, Arvind Panagariya, and T.N. Srinivasan, "The Muddles Over Outsourcing," Journal of Economic Perspectives, vol. 18(4), Fall 2004, pp. 93-114.

Class 7: Class Experiment - The Tragedy of the Commons

Class 8: Public Goods, Free Riders, Commons Problems, and the Role of Government

• James Buchanan & Richard Musgrave, Public Finance & Public Choice: Two Contrasting Visions of the State (1999), pp. 63-89, 107-137.

Class 9: Coase and the Problem of Social Cost

• Ronald Coase, "The Problem of Social Cost," Journal of Law & Economics, vol. 3, pp. 1-44 (1960). Available at: http://www.sfu.ca/~allen/CoaseJLE1960.pdf

Class 10: Corruption

• Transparency International, Global Corruption Report 2007, Executive Summary, pp. 1-7.See more at www.transparency.org.

Class 11: The Role of the Entrepreneur

• Mark Casson, "Entrepreneurship," The Concise Encyclopedia of Economics, available at http://www.econlib.org/library/Enc/Entrepreneurship.html

Class 12: Hayek & The Road to Serfdom

• Friedrich A. Hayek, The Road to Serfdom (condensed version) available at http://www.iea.org.uk/files/upld-publication43pdf?.pdf, pp. 31-62

Class 13:The Economics of Religion

• Adam Smith, The Wealth of Nations, pp. 788-814 (Liberty Fund edition), available at http://www.econlib.org/LIBRARY/Smith/smWN.html (Book V, Chapter I, Part III, Article 3d)
• Laurence R. Iannaccone, Introduction to the Economics of Religion, Journal of Economic Literature, Vol. XXXVI, Sept. 1998, pp. 1465-1496 available at http://religionomics.com/old/erel/S2-Archives/Innaccone%20-%20Introduction%20to%20the%20Economics%20of%20Religion.pdf

14. Review Session