ECON 309

Here is the link for the Pritchett reading: http://www.cgdev.org/content/publications/detail/10174

Reading for Monday, July 27th

Arnold Kling, Crisis of Abundance.  Feel free to read the whole book.  But if you want to cut down the reading a bit, read Chapters 1-5 and Chapter 7.

For tomorrow's class, read:

Piketty and Saez
Nathan Smith
Martin Wolf, Chapter 9

Just to reiterate a bit about the midterm. It will mostly be "objective" questions, questions that are asked within the context of, or that refer to, a well-defined model. Tax incidence and comparative advantage will not be on the exam. Think about the main things we've covered, e.g., Locke, Coase, Schumpeter (creative destruction), public choice theory (median voter theorem, cycling, rent-seeking, paradox of voting, etc.). And bear in mind that there will be a curve, with the average grade being a B, so don't be too afraid.

Office Hours

Hi class,

I'll be hanging out on the 3rd floor of Enterprise from 2-3pm to help people study for the mid-term, as promised.

Midterm Studying

Here are a few sources that will be useful to study for the midterm, assembled in one place:

Lecture 1 blog post: http://freethinker.typepad.com/econ_309/2009/07/lecture-1-intervention-in-figures.html

Lecture 4 blog post: http://freethinker.typepad.com/econ_309/2009/07/capitalism-as-complexity-in-charts-1.html

Lecture notes for July 8th, July 10th, July 13th and 15th.

New Syllabus

Download Econ 309 July 20th

Readings for July 17th

Alert: The link for the Cochrane reading is incorrect.  Here is the correct link: http://faculty.chicagobooth.edu/john.cochrane/research/Papers/fiscal2.htm

There are only three readings for next class, the long Cochrane blog post, Chapter 2 of Niall Ferguson, and the short piece by Paul Krugman.

Hayek Link

The Hayek article, "The Use of Knowledge in Society" is available on JSTOR, but also here: http://www.econlib.org/library/Essays/hykKnw1.html

Readings for July 10

Here is the link for the Boudreaux reading: http://www.tcsdaily.com/Article.aspx?id=090706D  Or: Download Lifestyles of the Superrich and Not So Famous

For the Keynes reading: http://socserv2.mcmaster.ca/~econ/ugcm/3ll3/keynes/peace  But be sure to scroll down to Chapter 2!  Or: Download Keynes - Economic Consequences of the Peace, Chapter 2

For the Smith reading: http://www.econlib.org/library/Smith/smWN1.html#B.I,%20Ch.1,%20Of%20the%20Division%20of%20Labor

For the Pritchett reading for next class: http://www.isid.ac.in/~tridip/Teaching/DevEco/Readings/02Convergence/09Pritchett-JEcoPerspectives1997.pdf

If the links and/or downloads fail to work for some reason, try Googling the texts. 

I had suggested earlier that Capitalism, Socialism and Democracy might be available online somewhere.  This link at GoogleBooks does not have the full text, but seems to have the chapter (V) assigned for next week.  If anyone finds a better place to go for the full text of this or any other book, let me know.

This is not due for a long time, but for those who want to work ahead, here is the place to download the Pritchett book, Let Their People Come: http://www.cgdev.org/content/publications/detail/10174#Chpt