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This course familiarizes students with theories and policies of international trade. Students will learn the importance of international trade and examine its effects on production, profits and the distribution of wealth in the economy. The course will introduce concepts such as comparative advantage, increasing returns to scale, factor endowments…etc.… Students will also analyze specific trade agreements […]
Through an intense and thorough analysis of George’s seminal work, Progress & Poverty, this course will take aim at the fundamental problem of wealth distribution and show that the only viable alternative to “bad capitalism” is not socialism but “true capitalism”; where socially created wealth is put to the service of the community rather […]
In his “fighting” book, Social Problems published nearly a decade after Progress & Poverty, Henry George argued that the unequal distribution of wealth is the fundamental problem that defines and shapes all other social problems faced by modern societies. He saw in monopoly and, in particular land monopoly the driving force behind wealth inequality and […]
Upheavals in how the U.S. economy operates have transformed Americans from wealth creators to creative borrowers. This course looks at how abandoning the Gold Standard, a bulwark of the world economy since the Industrial Revolution, has helped replace capital accumulation and investment with credit-fueled consumption. Will this revolutionary shift usher in a new era of growth […]
This course familiarizes students with theories and policies of international trade. Students will learn the importance of international trade and examine its effects on production, profits and the distribution of wealth in the economy. The course will introduce concepts such as comparative advantage, increasing returns to scale, factor endowments…etc.… Students will also analyze specific trade agreements […]
