ACADEMICS
Academic Readings
Please Note: AIPE 2012 Readings will be posted in May. TFAS would like to welcome new professor William Ruger. Professor Ruger will be covering the Political Science/American Studies portion of the AIPE curriculum in 2012.
Political Science/American Studies- Dr. John Baker
AIPE 2011 Coursee Syllabus and Readings:
Course Syllabus
Required Readings:
- Sun Tzu, The Art of War, Translated by Thomas Cleary (for those who have not already read it). For Day 1.
- Sycip, W. Asia Perspectives on Business and Management, Economic Success and Governance. Philippines: University of the Philippines Press, 1996 (Chapters 4 and 5) for Day 1
- John S. Baker, " The Constitutional Foundation for the United States Economy ” For Day 1.
- The Constitution in the edition of The Federalist; also, “The Constitution Explained,” http://www.usconstitution.net/constquick.html For Day 2 (Wednesday, July 20)
- Alexander Hamilton, John Jay and James Madison, The Federalist (edited by George Carey and James McClellan, 2001; publ. by The Liberty Fund; online edition) http://faculty.law.lsu.edu/jbaker/ for Day 2 and the following days
Recommended Readings:
Economics- Dr. Andy Morriss
Course Syllabus and Reading Guide
Class 1: Introduction to AIPE
Reading Assignment:
- Deidre McCloskey, Bourgeois Dignity ( University of Chicago Press 2010), pp. 1-19
- Joel Mokyr, Why was the Industrial Revolution a European Phenomenon? Supreme Court Economic Review 10: 27-63 (2002) available at: http://www.faculty.econ.northwestern.edu/faculty/mokyr/Zywicki.PDF
- James Buchanan & Gordon Tullock, The Calculus of Consent: The Logical Foundations of Constitutional Democracy ( Michigan 1962), pp. 11-39 (Chapters 2 and 3) (available at http://www.econlib.org/library/Buchanan/buchCv3.html )
Class 2: How Markets Work
Reading Assignment:
- Eric Raymond, The Cathedral and the Bazaar, available (in multiple languages including Chinese, Japanese, Korean, Tamil, and Thai) here: http://www.catb.org/~esr/writings/homesteading/ (scroll down). There is also a book version of the essay, The Cathedral and the Bazaar: Musings on Linux and Open Source by an Accidental Revolutionary (O’Reilly Media 2001). The shorter, web-version has the key information for our discussion, but if you find yourself intrigued, you may wish to read the book length version as well.
Class 3: Trade Specialization, Expanding Markets & Comparative Advantage
Reading Assignment:
Class 4: Spontaneous Order & Markets
Reading Assignment:
Class 5: The Role of Property Rights in Economic Development
Reading Assignment:
- Hernando de Soto, The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else (2000), pp. 1-67. Please Note: A hard copy of this book will also be handed out on the first day of the program. .
Class 6: Small Group Discussion
Students will meet in smaller groups to discuss de Soto’s ideas. In addition to the reading from our prior class, please read:
- Sebastian Galiani and Ernesto Schargrodsky, Property Rights for the Poor: Effects of Land Titling, Ronald Coase Institute Working Paper Number 7 (2009) http://coase.org/workingpapers/wp-7.pdf
...and consider to what extent their results are consistent and inconsistent with de Soto’s analysis. Now think about land ownership in your country and other places you know about in Asia. Are de Soto’s ideas relevant in Asian economies? We’ll also distribute some de Soto quotes to subgroups within each of the small groups; you will work with your subgroup on a brief presentation to the small group about that point.
Class 7: Externalities, Coase and the Problem of Social Cost
Trade Debate 1 – Topic A (Teams 1 and 2)
Business Report – Group 1
Reading Assignment:
- 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 8: Money
Trade Debate 2 – Topic B (Teams 3 and 4)
Business Report – Group 2
Reading Assignment:
- Richard C.K. Burdekin, Currency Boards vs. Dollarization: Lessons from the Cook Islands, Cato Journal 28(1): 101-115 (2008) available at www.cato.org/pubs/journal/cj28n1/cj28n1-7.pdf
Class 9: Public Choice: The Economics of Government
Trade Debate 3 – Topic C (Teams 5 and 6)
Business Report – Group 3
Reading Assignment:
- James Buchanan & Richard Musgrave, Public Finance & Public Choice: Two Contrasting Visions of the State (1999), pp. 63-89, 107-137.
Class 10: The Theory of the Firm
Trade Debate 4 – Topic D (Teams 7 and 8)
Business Report – Group 4
Reading Assignment:
- Ronald H. Coase, The Nature of the Firm, Economica 4 (16): 386–405 (1937) available at: http://www.sonoma.edu/users/e/eyler/426/coase1.pdf
Class 11: Inequality / equality
Trade Debate 5 – Topic D (Teams 9 and 10)
Business Report – Group 5
Reading Assignment:
- Richard Freeman, Globalization and Inequality (pp. 575-598)*
- Francico H.G. Ferreira and Martin Ravallion, Poverty and Inequality: The Global Context (pp. 599-638)*
- Nolan McCarty and Jonas Pontusson, The Political Economy of Inequality and Redistribution (pp. 665-692)*
* All are in The Oxford Handbook of Economic Inequality (Wiemer Salverda, et al. eds. Oxford 2009).
Class 12: Small group discussions on inequality / equality
NOTE: Small group sessions will occur during the second class time AND after lunch. If your small group is NOT meeting during a particular time slot (the second class slot or after lunch), you can use that time to work on your trade debate or business report projects.
Class 13: Hayek & The Road to Serfdom
Trade Debate 6 – Topic E (Teams 11 and 12)
Business Report – Group 6
Reading Assignment:
- Friedrich A. Hayek, The Road to Serfdom (condensed version) pp. 31-62
Class 14: Summary and Review
No new reading, but look over what you’ve read so far and come to class ready to try to pull all this together.
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