ECON 568. Current Issues in International Trade

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Syllabus for Economics 568 Spring 2015
Professor Edward Tower
January 9, 2015 version
Current Issues in International Trade and Economic
Development
Or informally: “Neat New Books in Trade and
Development”
Room 227A Social Sciences
919-660-1818 office phone
919-332-2264 cell phone
tower@econ.duke.edu
Class meets Tuesday and Thursday 4:40 PM-5:55 PM in 306 Allen
Building.
This course is titled “Special Topics in International Trade and Economic
Development.” I think of it as “Neat New Books in International Trade and Economic
Development. In the course we read and comment on line and in class on one book
each week. All but Adam Smith’s Wealth of Nations are recent. I like to close the
course with Adam Smith and ask whether we have learned anything since Smith
wrote. In addition to reading and commenting, each student is required to write a
book review for publication in a scholarly journal or on Amazon of a book of his or
her choice. Some years about half of the students did publish their review in a
scholarly journal. I strongly encourage students to discuss their book with the author
and with an alumni reviewer. The vast majority of authors have enthusiastically
worked with their student reviewers and their alumni reviewer. If you go to the Duke
Journal of Economics web site on the Econ Dept. web site you can find the list of
books they reviewed and journals they published in.
There is lots of reading in this course. Each student is asked to write an essay on one
chapter of the book or an essay on the whole book and email it to all the students
prior to the class when we discuss that chapter. No more than one page please. This
forces you to focus on what is important.
1
This semester’s readings are eclectic, covering a number of different areas. That is
intentional. I tried to find a set of books that give worthwhile insights into economics
and are written in novel ways.
Class attendance is required. Part of the grade will depend on it. If you cannot make a
class, it is important that you let me know in advance. My major goal in the course is
for you to develop writing skills, write an excellent book review, and to exhibit
professionalism by finding a suitable place to publish it in a timely fashion. I realize
that some students will be luckier than others in finding a responsible editor who
responds to queries promptly and either promptly accepts or rejects your work. A
prompt rejection is a good thing for it allows you to find another outlet while your
book is still new. So the grade does not depend on whether you find a place to
publish your review. Rather it depends on the quality of your product, your
correspondence with your author and alumni reader and your book review editor(s).
I do not assign grades to your short essays. However, emailing them on time saying
something interesting in them, and coming to class with something interesting to say
is important. I will comment briefly on your essays. The book review counts 75
percent of the grade and the combination of short essays and class presence and
class discussion counts 25 percent of the grade. In class discussion, the important
thing is to help make the class worthwhile for your classmates. One year a student
broke down in tears, because she said her English was not good enough to say
anything in class. If you are uncomfortable talking in class, you can always send an
email afterwards. In your reviews I want you to seriously criticize the book you
review.
The book list:
The father of index investing
1. Here is one of John Bogle’s many books on investing.
2
Writing
2.Diedre McCloskey, Economical Writing, Waveland Press, ISBN 1-57766-063-3, 2000,
paperback, 98pp., $10.49 from Amazon. PE1479 E35 M33 2000 (These numbers are
library catalogue numbers). Perkins library will put on reserve.
Development
3. Paul Holden, Sarah Holden and Malcom Bale, Swimming Against the Tide? An
Assessment of the Private Sector in the Pacific. Asian Development Bank, 2004.
174pp.
Available free at:
3
http://www.adb.org/Documents/Books/Swimming_Against_Tide/swimming_against
_tide.pdf
4. Jagdish Bhagwati and Arvind Panagariya. Why Growth Matters: How Economic Growth in
India Reduced Poverty and Lessons for Other Developing Countries. 2013.ISBN 978-1-61039272-3 Public Affairs. $14.31. I have asked the library to buy this book.
5.Abhijit V. Bannerjee and Esther Duflo, Poor Economics: A Radical Rethinking of the
Way to Fight Global Poverty. 2011. ISBN 978-1-61039-093-4. (paperback) Public
Affairs $10.87 new from Amazon. $2.95+ HC9.7 B323 2011. Library will put on
reserve.
6.William Easterly. The Illusive Quest for Growth: Economists’ Adventures and Misadventures in
the Tropics. 2002. ISBN 0-262-55042-3. MIT. $11.94. Library has electronic version.
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7. William Easterly. The Tyranny of Experts: Economists, Dictators and the Forgotten
Rights of the Poor. Basic Books. 2013. 381pp+.
Inequality
8. Thomas Piketty Capital in the Twenty-First Century.2013. 671+pp. $23.90. Duke
library has online access. Ford library has a CD.
Diedre McCloskey has a 55 page review of this book. My guess is that this is better
than the book, although I have not read it yet. Do have a look at this review.
https://www.dropbox.com/s/cuyis02389txr93/Nov2014.pdf?dl=0
Russia
5
9. Karin Dawisha. Putin’s Kleptocracy: Who owns Russia? September 2014. 445pp.
$23 from Amazon
The Environment in History
10. Jared Diamond, Collapse: How Societies Choose to Succeed or Fail, Penguin, ISBN 0670-03337-5. 2005, 575pp. $2.82+$3.99 shipping from Amazon.
Here is an important review of Collapse by Jackson Lears, followed by really interesting
comments. (Thanks to Charlie Becker for this reference).
http://www.bookforum.com/inprint/019_04/10583
HN1D5 2005
Economic History
11. William Bernstein. The Birth of Plenty. 403pp. 2004. 0-07-142-192-0 McGraw-Hill.
$13. .
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The Master
14. Russell Roberts, How Adam Smith Can Change Your Life: An Unexpected Guide to
Human Nature and Happiness. 2014. $16.25 + $3.99 shipping from Amazon.
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13. Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations [Facsimile]
[Paperback]. $6.50 second hand from Amazon. Around 1000 pages. University of Chicago Press,
0-226-76374-9. Library has electronic version.
Here is a neat web site that allows you to find the cheapest source of each book. It
was set up by two undergraduates.
http://www.campusbooks4less.com/cgibin/bookSearch/bookstoreSearch.cgi?searchBy=isbn&searchVal=061852844X&func=submit
Class Schedule:
January 2015
Th8 Introduction
Tu13. Your assignment for today is to read a book or a bunch of speeches by John
Bogle, founder of the Vanguard company and father of indexing. The library has a
bunch of books by Bogle. Most of you will want to look at John Bogle’s speeches.
These are on the web site of the Bogle Financial Markets Research Center at
Vanguard. Here is the link:
http://www.vanguard.com/bogle_site/bogle_home.html
There is also a nice interview with Bogle on Russ roberts’s Ecotalk web page.
http://www.econtalk.org/archives/2007/04/bogle_on_invest.html
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Please write a single page of your reaction to the readings (or in the case of Ecottalk
the listening). And please email it to the class before midnight on Monday January
12. Prior to most classes I will ask you to email your essays to the class.
I will not formally grade these essays. You may find that bullet points are more
convenient than paragraph form. How you organize these essays is up to you. I want
you to write from the heart—not to please me. The easiest way to write these things
is to have your computer on and write down your thoughts as they occur to you.
These essays are to serve as the basis of class discussion. I also find that I never
remember anything I read unless I write down my reactions at the time. As part of
your essay I would like you to write down one question for Mr. Bogle, when we meet
him by skype on January 16.
Also, please email me the title of the book you are going to review for the course.
Mr. Nik Sparks from the writing studio visits at 5:10pm.
Friday 16. We will not meet on Thursday, January 15. Instead, on Friday, January 16,
we will have a skype conversation with John Bogle in room 130 of the Social
Psychology building. That is also known as the Zener Auditorium. This will be open to
members of the university. I hope you will sit in the front. It will make Mr. Bogle
feel appreciated.
Tu13
Friday 16. Noon Book list of five possible titles for review due. Essay due on what
makes a good book review and what makes a bad one with examples from the
Economist, the Journal of Economic Literature and the New York Times. 1 page.
Here is an important review of one recent book. (Thanks to Charlie Becker for the reference).
http://www.nybooks.com/articles/archives/2012/jun/07/what-makes-countries-rich-orpoor/?pagination=false
Tu20 will discuss McCloskey’s Economical Writing and the Duke econ dept. writing
manual. You can find the writing manual at
http://lupus.econ.duke.edu/ecoteach/undergrad/manual.pdf . Discussion from
administrator of the Alumni reader project and the writing studio.
The McCloskey book is short, only 98 pages long. So one class period should be
enough. I reread McCloskey every year and learn a lot from her. Book list of five
possible titles for review due. You might look at Amazon and at publisher’s web
pages. Please email me a list of the books you are thinking about and briefly why.
This will speed up discussion. Pick a book you think you will like. When you send
your review to the author it is nice to be able to tell him or her that you like the
book. It is also fun to review a book you really hate. Then you can show how you
understand economics much better than the author. Please email me your
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thoughts about the book (one page max), before noon on Tuesday at the very
latest. These can be things you think are particularly interesting, or wrong, or
related thoughts that you have.
One page comment on McCloskey due.
Cary Moskovitz, Director of the Alumni Reader Program comes to class
at the start of class.
Th22. Holden, Holden and Bale. This book is free on line. Available free at:
http://mpra.ub.uni-muenchen.de/4207/1/swimming_against_tide.pdf . Next class
Paul Holden will join us by Skype. He is a former PhD student of mine. His daughter,
Sarah, is a former undergrad research assistant of mine. This book gets to the heart
of practical development economics. Your assignment is to email your reaction to
part of the book prior to our discussion with him.
Please email him a question about the book the day before the class. His email is
Paul Holden <ph@erinstitute.org>
Tu 27. Skype conversation with Paul Holden
Th 29.
List of journals to which you will submit your review, at least 5 with a ranking of
best to worst prospects, with a brief explanation of your choices. You need to have
examined recent journals at Bostock library.
Diamond’s Collapse. one page essay due.
February
Tu3 Easterly Illusive Quest for Growth part I. Essay on the book due.
Th5 Easterly Illusive Quest for Growth Part II. A one page outline of your review is
due.
Tu10. I will break the class into 3 groups. Please sign yourself up for one group. First
group Tues 12-115, Second group Tues at 3-415, third group Wed at 440-6, The
Tuesday meeting at class time will be in our classroom. The other meetings will be in my
office. First draft of your review is due. Please bring 4 hard copies to the meeting.
Th 12. Discussion of Neil Longley, An Absence of Competion: The Sustained Comparative
Advantage of the Monopoly Sports League. Springer 2013. You can read the on line version from
the Duke library, so I won’t quote you the outrageously high price for this book . The book is
only 102 pages long, so one meeting should be enough. One page essay due.
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Tu17. Easterly .The Tyranny of Experts. One page essay due.
Th19. Second draft of your review is due. Dawisha on Putin
Tu24. conversations in small groups about near final drafts of your reviews.
Th 26. We will discuss Russ Roberts’s How Adam Smith Can Change Your
Life. Please circulate your one page essay on the book the day before.
March
Monday 2. Russ Roberts will speak to us at 4:30 pm about How Adam Smith Can
Change Your Life. There is no class on Tuesday, March 3.
Tu 3. Poor Economics Part I.One page essay due.
Th5. Poor Economics Part II Third draft of your review is due.
Tu10. Spring Break
Th12. Spring Break
Tu17. Bhagwati and Panagariya on India. Discussion of draft of review.
Th 19. Bernstein. Second draft of your review is due
Tu 24. Piketty & McCloskey part I. Email review to author for comments.
Th 26. Piketty & McCloskey. Part II.
Tu31. Discussion of books students have reviewed Revision of your review is due in
light of author’s comments. Discussion of draft
April
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Th2. Discussion of books students have reviewed. Discussion of draft Review is
emailed to journal.
Tu7. Adam Smith’s Wealth of Nations. One page essay on something interesting
about Adam Smith.
Th9.
Please do not email review to journal until I approve the review. We do not want to
poison the well. It is important for journal editors to know we send out only the best
reviews for publication.
Tu14. Your assignment is to find a time in history when something important
happened, and see if the reporters who covered the story got it right. The Economist.
The Times of London. The New York Times are all good sources.
Great Books of All Time. These are the books that I have used in the
past, and would be tempted to use again. Students who feel their
interests would be served by substituting reading in some of these
books for the assignments that I have listed are free to do so.
Adam Smith, The Theory of Moral Sentiments
Robert Barro, Determinents of Economic Growth: A Cross-country Empirical Study,
Lional Robins Lecture, Paperback, 1999, second edition, MIT ISBN 0-262-52254-3. 145
pages. $12.90 from Amazon.
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Alan S. Blinder. “Hard Heads, Soft Hearts: Tough Minded Economics for a
Just Society.” $4.00.
Edward Chancellor. Devil Take the Hindmost: A History of Financial
Speculaton. $8.92.
Russell Roberts The Choice. A nontechnical introduction to international trade
Doug Irwin, Free Trade Under Fire, Princeton University Press, 2009, 313pp.
paperback, ISBN 978-0-691-14315-6. $19.62 from Amazon A marvelous discussion of
international trade issues facing the US. The third edition is better than the other
two. Not technical.
Douglas Irwin, Trade Policy Disaster: Lessons from the 1930’s. (Ohlin lectures). $22.01
from Amazon. December 2011. ISBN-10:
0-262-01671-0 ISBN-13: 978-0-262-01671-1. MIT Press. Excellent economic history of
trade policy.
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Jared Diamond. Guns, Germs and Steel. Economic prehistory. Explains why Europe
and Asia beat out Africa and the Americas in having early economic development.
Milton Friedman. Capitalism and Freedom. The best defense of the market I know.
Marvelously well written. The bible of libertarianism. $6.99
Milton Friedman, Money Mischief.
William Easterly. The Illusive Quest for Growth. A spectacular discussion of what is
wrong with economic development aid. Beautifully written.
Robert E. Anderson. Just Get out of the Way: How Government Can Help Business in
Poor Countries. $24.95. Cato Institute. 2004. On the Amazon web site some are
available for $0.70 plus $3.99 shipping. ISBN 1-930865-54-6. Hardbound. 274pp.
Blames developing nations for their lack of economic development. My students last
year felt that the whole book could have been summarized in a journal article. But I
like it, in spite of its repetition.
……………………….
Here are some other neat books.
Michael Lewis. Boomerang: Travels in the Third World. WW Norton. ISBN 978393
08181-7. Cloth. 2011. $16.47 from Amazon. ISBN 978-4008-2986-6. $14.10 from
Amazon.
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Paul Collier. “The Plundered Planet: Why we Must—and How We Can—
Manage Nature for Global Prosperity.” 249pp. ISBN 978-0-19-539525-9.
Nov 2011. $11.52.
Jagdish N. Bhagwati, Termites in the Trading System: How Preferential Agreements
Can Undermine Free Trade, 2008, Council of Foreign Relations, $11.46 from Amazon.
ISBN 978-0-19-533165-3. 127pp
Gregory Clark, A Farewell to Alms, Princeton University Press, 2007, $18.95, $12.89
from Amazon, paperback. ISBN 978-0-19-533165-3. 418pp. Blames population
growth for low standards of living. NeoMalthusianism.
Paul Collier “The Bottom Billion: Why the Poorest Economies are Failing
and What Can be Done About it.” $10.21
Milton Friedman Money Mischief: Episodes in Monetary History.”$10.17
F. Hayek. The Road to Serfdom.
Alan B. Krueger. What Makes a Terrorist: Economics and the Roots of Terrorism.”
Princeton University Press, Princeton and Woodstock, UK. 2007. 14.99/$24.95.
ISBN: 978-0-691-13438-3. 194pp. $10.17 from Amazon. Not a great book. But an
interesting one, so if your fascination is with terrorism this is a good book to read.
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Paul Krugman. “The Accidental Theorist and Other Dispatches from the
Dismal Science.” 1999. $4.00
Paul Krugman. “Pop Internationalism.”1996. $4.93.
Michael Lewis, The Big Short
Stephen Parente and Edward C. Prescott. Barriers to Riches. 6.89
World Bank. The East Asian Miracle
Money Mischief by Milton Friedman. Harvard University Press. ISBN 978-0-674-06078-4. (Apr
25, 2011) $23.19. 213pp. Money Mischief: Episodes in Monetary History
(Harvest Book) [Bargain Price] [Paperback]
Milton Friedman
(Author)
B000AQ23N6
4.4 out of 5 stars See all reviews (36 customer reviews)
| Like (0)
Available from these sellers.
16 new from $6.19 28 used from $5.83
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Jacob Appel and Dean Karlan More Than Good Intentions: How a New Economics is
Helping to Solve Global Poverty. Penguin. 295 pp. ISBN 1-101-46804-1. April 14, 2011.
$14.05
6. Charles Kenny. Getting Better: Why Global Development is Succeding—And How
We Can Improve the World Even More. March 1, 2011. Basic Books. ISBN 978-0465-0215-7. 175+pp. $6.43.
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Genghis Khan and the Making of the Modern World. Jack Weatherford.
2005. Paperback. $7.36 second hand from Amazon. Three River Press.
305+pp. ISBN 0-609-80964-4.
These books might be excellent. I have not read them.
Paul Seabright. The Company of Strangers. Priinceton Univ Press. $9.94. 2010. 365+ pp.
978-0-691-14646-1.
The Squam Lake Report: Fixing the Financial System.
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Kenneth R. French, Martin N. Baily, John Y. Campbell,
John H. Cochrane, Douglas W. Diamond, Darrell Duffie,
Anil K Kashyap, Frederic S. Mishkin, Raghuram G. Rajan,
David S. Scharfstein, Robert J. Shiller, Hyun Song Shin,
Matthew J. Slaughter, Jeremy C. Stein & Rene M. Stulz
World Bank. “Doing Business 2012 (in A More Transparent World). World Bank. October 2012.
Paperback. 264pp. $35 from Amazon.
Robert H. Frank. The Darwin Economy: Liberty, Competition and the
Common Good. $15.81 from Amazon. 229pp. Princeton University Press,
2011.
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Anne Krueger’s STRUGGLING WITH SUCCESS Challenges Facing the International Economy. $56.
January 2011. She also has a new book out. I cant find it.
William W. Lewis. The Power of Productivity: Wealth, Poverty, and the
Threat to Global Stability.” 2005. $11.90. Doug Irwin suggested this when
he was visiting.
World Bank. World Development Report 2012: Gender Equality and
Development.” October 2011. $50.
World Bank. World Development Report 2011: Conflict, Security, and
Development. 2011. $42.
The United Nations office in Bangkok (The Economic and Social Commission for Asia and the
Pacific) has a book review web site. Mia Mikic coordinates it. I taught with Mia at the University
of Auckland, and she generously arranged for me to teach in Croatia with her at the University
of Zagreb when she was chair of the Econ Dept there. Now she is organizing the book review
web site at Artnet (the training arm of ESCAP). A year ago, she was looking for quality reviews of
the books listed below. The link immediately below is to the review that Allison Jaros wrote of
Doug Irwin's book on the Hawley-Smoot tariff and is posted on this website. This is your chance
to improve policy making in Asia and the Pacific by transmitting important ideas to policy
makers there.
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>
> http://www.unescap.org/tid/artnet/book-reviews-list.asp
>
>
> -----Original Message----> From: Mia Mikic [mailto:mikic@un.org]
> Sent: Wednesday, November 23, 2011 4:17 AM
> To: tower@duke.edu
> Subject: RE: [1] new discussion on LinkedIn
>
> thank you Ed for thinking about our book review series, which is not flooded by submissions (is
anyone reading any longer?)
>
> I am sure you are much better informed of the new books in trade/development disciplines
but I can give you few examples (sorry for very unprofessional
> listing)
>
> Understanding Global Trade by Elhanan Helpman (Apr 25, 2011)
>
> Economic Diplomacy: Essays and Reflections by Singapore's Negotiators [Hardcover] C. L. Lim
(Author, Editor), Margaret Liang (Editor)
>
> From Financial Crisis to Global Recovery by Padma Desai (Jun 1, 2011)
>
> A Splendid Exchange: How Trade Shaped the World by William J. Bernstein (May 6, 2009).
Sophie Brown is planning to review this one .
>
> American Protectionism (1898): Historical Essays on Trade Policy (Economic Ideas that Built
America) by Ugo Rabbeno and Francesca L. Viano (Jul 1,
> 2012)
>
> not directly related but surely good;
>
> The Art of Strategy: A Game Theorist's Guide to Success in Business and Life by Avinash K. Dixit
and Barry J. Nalebuff (Jan 4, 2010)
>
> More later,
>
>
> Mia Mikic, PhD
> ARTNeT Coordinator
> Trade Policy Section, United Nations ESCAP Bangkok 10200, Thailand ====================
> Ph: (66) 2 288 1410, Mob: (66) 81 720 3706
> Email: mikic@un.org
> ====================
> www.unescap.org/tid/aptiad
> www.artnetontrade.org
> Twitter@ARTNeTontrade
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Here is a new book jointly edited by my colleague at UNC, Steven Rosefielde.
Two Asias: The Emerging Postcrisis Divide by Steven Rosefielde, Masaaki Kuboniwa and
Satoshi Mizobata (Dec 15, 2011)
Buy new: $72.00
************************************************
************
Book list from Paul Holden aug 2012
Fairness and Freedom david fischer. Comparison of evolution of New Zealand and the US.
New Geography of Jobs. Enrico moretti
Tyler cowen. An economist gets lunch, the great stagnation.
Tim hardford. Adapt.
Allan Meltzer. Why capitalism
Due Dilligance David Rudland. About micro-finance
The company of stangers, a natural history of economic life. Paul seabrook.
Just get out of the way, Anderson.
The longeverty project. Howard friedman and leslie martin.
************************************************
Doing Business 2012 (in A More Transparent World. World Bank). October 2011. It
can be downloaded for free from the following web site.
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http://www.doingbusiness.org/~/media/FPDKM/Doing%20Business/Documents/AnnualReports/English/DB12-FullReport.pdf
Neat new books from 2012
Tyler Cowen, The Great Stagnation: How America Ate All the Low Hanging Fruit, Got Sick, and
Will Eventually Feel Better. 109pp. $12.95 Retail. 978-0-525-95271-8. Dutton. Penguin Group.
2011. $6.89. 978-1-101-50225-9.
Tyler Cowen, An Economist Gets Lunch, $26.95 Retail. 978-0525-95266-4. 2012. 293pp
Edward Conrad, Unintended Consequences: Why Everything You’ve Been Told About the
Economy is Wrong. $27.95 Retail. 978-1-59184-550-8. $310pp.
Joseph E. Stiglitz, The Price of Inequality: How Today’s Divided Society Endangers our Future.
$27.95 retail, 414pp. 978-0—393-08869-4 WW Norton. 2012.
Michael Spence, The Next Convergence, Picador, 978-0-374-15975-7. 296pp. 2012. $17. Retail
Ruchir Sharma. Breakout Nations: In Pursuit of the Next Economic Miracles. 978-0-393-08026-1.
$26.95 retail. Norton. $292. 2012
Allan H. Metzler. Why Capitalism? Oxford 154pp. $21.95. 978-0-19-985957-3. 2012
Justin Yifu Lin. The Quest for Prosperity: How Developing Countries Can Take Off. Princeton.
$27.95. 978-0-691-15589-0 322pp.2012.
Scott Patterson. Dark Pools: High-Speed Traders, I.I. Bandits, and the Threat to the Global
Financial System. Crown Business. 978-0-307-88717-7 355pp. $27.
Dambisa Moyo. Winner Take All; China’s Race for Resources and What It Means for the World.
Basic Books. $26.99. 978-0-02828-3 257pp. 2012.
Steven E. Landsburg. The Armchair Economist: Economics and Everyday Life. Revised and
Updated for the 21st century. Free Press. 315pp. $16. 978-1-4516-5173-7. 2012.
Paul Krugman, End This Depression Now! Norton. 259pp. 978-0-393-08877-9 $24.95 retail. 2012
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Here are some books that Paul Holden likes a lot and
feels I should use in the course. He has excellent
judgment.
Benito Arrunda. The Institutional Foundations of Impersonal Exchange
Tyler Cowen. Average is Over
Tim Hartford. Why Success Always Starts with Failure
Ronald Coase. Essays on Economics and Economists.
Ronald Coase. The Firm, the Market, and the Law.
Alex Tabarrok. Launching the Innovation Renaissance
7.Angus Deaton. The Great Escape: Health, Wealth and the Origins of Inequality. 2013 ISBN 9780-691-15354-4. Princeton. $19.98. Library has electronic version.
8.Edmund Phelps. Mass Flourishing: How Grassroots Innovation Created Jobs, Challenge and
Change. 2013. ISBN 978-0-691-15898-3. Harvard University Press. $18.75. Library has electronic
version.
2. Milton Friedman. Capitalism and Freedom. 2002. ISBN 0-226-26421-1. University of Chicago
Press. $13.68. HB501.F7 1963. Perkins library will put on reserve.
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9.Brink Lindsey. Human Capitalism: How Economic Growth Has Made Us Smarter—and More
Unequal. Princeton. ISBN 978-0-91-15732-0. 2013. $14.95. Library has electronic version.
4. Jagdish Bhagwati and Arvind Panagariya. Why Growth Matters: How Economic Growth in
India Reduced Poverty and Lessons for Other Developing Countries. 2013.ISBN 978-1-61039272-3 Public Affairs. $14.31. I have asked the library to buy this book.
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