5506 Advanced History Of Economic Thought (3)
This seminar uses issues raised in the reading of two 'classic' primary texts,
Adam Smith's An Inquiry into the Nature and Causes of the Wealth of Nations
(1776) and John Maynard Keynes's The General Theory of Employment, Interest and
Money (1936), as points of departure for the examination of a series of topics
in the history and development of economics and alternative paradigms in the
discipline. These investigations will lead lus to the study of a number of
other seminal articles, representing alternative approaches in the field.
Topics include competition, accumulation, path dependence and endogenous
technical change, cumulative causation, the laws of return, money and credit,
capital theory, and more. Prerequisites: Economics 301, 302