Module 1: The Birth of the Global Economy
A short History of Modern Economic Thought
Wed 3 Sep
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Welcome to the Anthropocene (2012, 3min38). Available at: http://vimeo.com/39048998
Ahmed, Nafeez, 2014. Nasa-funded study: industrial civilisation headed for ‘irreversible collapse’? (The
Guardian, March 2014).
Johan Rockström: Planetary Boundaries (2012, 4min02). Available at:
https://www.youtube.com/watch?v=9zbgsyOpuKQ
Ehrlich, R. Paul & Ehrlich, H. Anne, 2013. Can a collapse of global civilization be avoided?
Raworth, Kate, 2012. A Safe and Just Space for Humanity: Can we live within the doughnut? Oxfam Discussion
Papers (February 2012).
Ken Robinson: Changing Education Paradigms (2010, 11min40). Available at:
http://www.youtube.com/watch?v=zDZFcDGpL4U
Colander, David, 2013. Chapter 1: Economics and Economic Reasoning, in Economics.
Chapter 1: The Economic Problem, in Boyle, David & Simms, Andrew, 2009. The New Economics: A Bigger
Picture.
Open Letter: An international student call for pluralism in economics (May 2014).
Mon 8 Sep
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Back to the Future of Economic Thought
Schumpeter, Joseph, 1954. Chapter 1: Introduction and Plan - Why do we study the history of economics? And
is economics a science? In History of Economic Analysis.
Blaug, Mark, 2013. “Economics”, Encyclopædia Britannica online.
Heinberg, Richard, 2011. Chapter 1: The Great Balloon Race - Economic History in Ten Minutes, Economics for
the Hurried & 20thCentury Economics, in The End of Growth: Adapting to Our New Economic Reality.
Smith, Adam, 1776. Chapter 1: Of the Division of Labour, in An Inquiry into the Nature and Causes of the
Wealth of Nations.
Keynes, John Maynard, 1930. Economic Possibilities for our Grandchildren.
Wed 10 Sep
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Course Introduction: The Semester of Thinking Dangerously
A Brief World History of Globalisation
Steger, Manfred B., 2003. Chapter 1: Globalization: a contested concept and Chapter 2: Is globalization a new
phenomenon? in Globalization: A Very Short Introduction.
Globalization (2011, 8min10). Available at: https://www.youtube.com/watch?v=3oTLyPPrZE4
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Anon., 2013. When did globalisation start? (The Economist, September 2013).
Crash Course World History: Coal, Steam, and The Industrial Revolution (2012, 11min04). Available at:
https://www.youtube.com/watch?v=zhL5DCizj5c
Stearns, Peter N., 2010. Chapter 6: Globalization since the 1940s – A new global history? in Globalization in
World History.
Mon 15 Sep
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Comparative Economic Systems: Capitalism(s) & Socialism(s)
Boettke, J. Peter & Heilbroner, L. Robert, 2012. “economic systems”, Encyclopædia Britannica online.
Crash Course World History: Capitalism and Socialism (2012, 14min03). Available at:
http://www.youtube.com/watch?v=B3u4EFTwprM
Fukuyama, Francis, 1989. The End of History? (The National Interest, Summer 1989).
Einstein, Albert, 1949. Why Socialism? (Monthly Review, May 1949).
Milton Friedman: Socialism vs. Capitalism (1979, 2min29). Available at:
https://www.youtube.com/watch?v=76frHHpoNFs
Eisler, Riane, n.d.. Roadmap to a New Economics: Beyond Capitalism and Socialism.
Schweickart, David, 2009. A New Capitalism – or a New World?
Wed 24 Sep
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Workshop 1: The Art of Critical Thinking
Barr, Stringfellow, 1968. Notes on Dialogues.
Lett, James, 1990. A Field Guide to Critical Thinking. Skeptical Inquirer, Volume 14.4 (Fall 1990).
Braithwaite, Jason, 2006. Critical Thinking, Logic and Reason: A Practical Guide for Students and Academics.
Excerpt from Book I: Dialogue between Socrates and Thrasymachus in Plato, 380BC, The Republic.
Scene from 12 Angry Men (1957, 10min). Available at: https://www.youtube.com/watch?v=RelOJfFIyp8 (from
37min48 to 47min56).
Mon 22 Sep
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The (Real) Wealth of Nations: What is Development?
Harry S. Truman: “Four Point” Speech (January 20, 1949).
Esteva, Gustavo, 2010. “Development” in Sachs, Wolfgang ed., 2010. The Development Dictionary.
Jackson, Tim, 2009. Chapter 3: Redefining Prosperity, in Prosperity without growth? The transition to a
sustainable economy.
Chapter 3: Measurement, in Boyle, D. & Simms, A., 2009. The New Economics: A Bigger Picture.
Max-Neef, Manfred, 2009. From knowledge to understanding – navigations and returns, in Hällström, Niclas
ed., What Next, Vol. II: The Case for Pluralism.
Wed 17 Sep
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Thinking Like a Political Economist in the Ordinary Business of Life
Mankiw, Gregory, 2011. Chapter 1: Ten principles of economics, in Principles of Economics..
The Economic Way of Thinking – Interview with Anthony Carilli (2012, 5min). Available at:
https://www.youtube.com/watch?v=uJVEyNwNPI8
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Steven Levitt & Stephen Dubner: Superfreakonomics (2010, 10min30). Available at:
https://www.youtube.com/watch?v=pQItB5uoiHI
Becker, Victor A., 2011. On the economic crisis and the crisis of economics. real-world economics review, issue
no. 56, pp. 72-94.
Söderbaum, Peter, 2012. Democracy and sustainable development: Implications for science and economics.
real-world economics review, issue no. 60, pp. 107-119.
Fullbrook, Edward, 2013. New paradigm economics. real-world economics review, issue no. 65, pp. 129-131.
Mon 29 Sep
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Thinking Like a Political Economist about Inequality
Krugman, Paul & Wells, Robin, 2013. Chapter 2: Graphs in Economics, in Economics (3rd Edition).
Gosepath, Stefan, 2007. “Equality”, Stanford Encyclopedia of Philosophy online.
Hanauer, Nick, 2014. The Pitchforks Are Coming… For Us Plutocrats (Politicomagazine, July/August 2014).
Richard Wilkinson: How economic inequality harms societies (2011, 16min54). Available at:
https://www.ted.com/talks/richard_wilkinson
Thomas Piketty: Capital in the Twenty-First Century (2014, start watching at 10min and stop at 37). Available
at: https://www.youtube.com/watch?v=heOVJM2JZxI
Module 2: Understanding Economies
Dynamics and Patterns of Social Ecological Systems
Mon 6 Oct
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Meadows, Donella, 1999. Leverage Points: Places to Intervene in a System, Sustainability Institute (December
1999).
Coghlan, Andy & MacKenzie, Debora, 2011. Revealed – the capitalist network that runs the world (New
Scientist, October 2011).
The Crisis of Credit Visualized (2011, 11min10). Available at:
http://www.youtube.com/watch?v=bx_LWm6_6tA
Hill, Rod & Myatt, Tony, 2010. Postscript: a case study on the global financial meltdown, in The Economics
Anti-textbook: A Critical Thinker’s Guide to Microeconomics.
Froese, Robert, 2011. The Limits of Inside Job: Crisis, Ideology, and the Burden of Capitalism, Studies in
Political Economy, Vol. 88, pp. 59-75.
Wed 8 Oct
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Introduction to System Thinking & Inside Job (2010)
The Economic Crises of Today
Ray, Michael, 2013. “Euro-zone debt crisis”, Encyclopædia Britannica online.
The European Debt Crisis Visualized (2014, 12min33). Available at:
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https://www.youtube.com/watch?v=C8xAXJx9WJ8
Graeber, David, 2011. The Greek debt crisis in almost unimaginably long-term historical perspective, in Vradis,
A. & Dalakoglou, D. eds. Revolt and Crisis in Greece: Between a present yet to pass and a future still to come.
Goodwin, Neva, Nelson, Julie A. & Harris, Jonathan, 2009. Chapter 10: Fiscal Policy, in Macroeconomics in
Context.
Magnus, George, 2011. Give Karl Marx a Chance to Save the World Economy (Bloomberg, August 2011).
Mon 13 Oct
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Workshop 2: International Trade and Climate Change
Stern, Nicholas, 2006. Summary of Conclusions, in Stern Review: The Economics of Climate Change, pp. vi-ix.
IPCC AR5: Mitigation of Climate Change (2014, 11min48). Available at:
https://www.youtube.com/watch?v=gDcGz1iVm6U
Q&A: The Kyoto Protocol (BBC News online, September 2004).
Stilwell, Matthew, 2012. Climate debt – A primer, in What Next Vol. III.
Taschini, Lucas & Hicks, Naomi, 2013. Carbon tax v cap-and-trade: which is better? (The Guardian, Jan. 2013).
Mon 20 Oct
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International Trade: Theories and Practices
Daly, Herman & Farley, Joshua, 2004. Chapter 18: International Trade, in Ecological Economics: Principles and
Applications.
Chapter 8: Trade, in Boyle, D. & Simms, A., 2009. The New Economics: A Bigger Picture, pp.
WTO website: “What is the WTO?”, “What we stand for”, “Mission statement” and “The case for open trade”.
Clapp, Jennifer & Dauvergne, Peter, 2005. Chapter 5: Global Trade and the Environment, in Paths to a Green
World.
Story of Stuff (2008, 21min24). Available at: http://www.youtube.com/watch?v=9GorqroigqM
Wed 15 Oct
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Global Common Goods – How to Manage Shared Properties
Hardin, Garrett, 1968. The Tragedy of the Commons, Science, Vol. 162, pp. 1243-1248.
Felice, Flavio & Vatiero, Massimiliano, 2012. Elinor Ostrom and the solution to the tragedy of the commons,
(American Enterprise Institute, June 2012).
Elinor Ostrom: Prize Lecture, “Beyond Markets and States” (2009, 28min). Available at:
http://www.nobelprize.org/mediaplayer/index.php?id=1223
Heller, Michael, 2012. The tragedy of the anticommons, in Bollier, David & Helfrich, Silke (eds.), 2012. The
Wealth of the Commons: A World Beyond Market & State.
Chapter 5: Take Back Property – Commoning, in Gibson-Graham, J.K. et al., 2013. Take Back the Economy: An
Ethical Guide for Transforming Our Communities.
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Wed 22 Oct
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China’s Development and Global Impacts
Guthrie, Doug, 2009. Chapter 1: Globalization and the Economics of Radical Change in China, in China and
Globalization: the social, economic and political transformation of Chinese society.
World Bank, 2013. China 2030: Building a Modern, Harmonious, and Creative Society – Executive Summary.
Keyu Jin at LSE: China’s Role in the Global Economy: myths and realities (2014, first 40min). Available at:
https://www.youtube.com/watch?v=Pmfy56FgI3s&feature=youtu.be
Liu, Jianguo & Matsler, Marissa, 2008. China’s Environment and Globalization: Unexpected Connections.
Schuman, Michael, 2012. Can Asian-style Capitalism Save the West? (Business Time online, March 2012).
Akugizibwe, Paula, 2012. The rise of ChinAfrica (Mail & Guardian online, July 2012).
Conference Addresses China’s Role in the Global Economy (2012, 5min17). Available at:
http://www.youtube.com/watch?v=E0Ey4SPjF4w
Mon 3 Nov
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Journey to the Center of the World Food Economy
McMahon, Paul, 2014. Chapter 2: On the Brink, in Feeding Frenzy: The New Politics of Food.
Documentary: The Food Speculator (2012, 45min). Available at:
https://www.youtube.com/watch?v=LGBM4WngZT4
How to feed the world? (2011, 9min04). Available at: http://vimeo.com/8812686
Helbling, Thomas & Roache, Shaun, 2011. Rising Prices on the Menu: Higher food prices may be here to stay.
Finance & Development (March 2011), pp. 24-27.
Sen, Amartya, 1980. Famines. World Development, Vol. 8, Issue 9, pp. 613-621.
Jonathan Foley: Future of Food, A Plan to Feed the World (2014, 8min29). Available at:
http://video.nationalgeographic.com/video/news/140731-forum-food-jonathan-foley
Wed 29 Oct
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Gender, Development and Informal Economies
Becker, Kristina F., 2004. The informal economy development, definitions and composition, The Informal
Economy, SIDA (March 2004), pp. 8-21.
Muhammad Yunus: A History of Micro-finance (2012, 23min46). Available at:
https://www.youtube.com/watch?v=6UCuWxWiMaQ
Robert Neuwirth: The power of the informal economy (2012, 12min29). Available at:
http://www.youtube.com/watch?v=ONM4JupBz_E
Sharma, Ritu & Keefe, Joe, 2011. A Solution For A Struggling Global Economy: Gender Equality (Forbes online,
October 2011).
Kinyanjui, Mary N. & Dawa, Fredrick O., n.d.. Green Economy and Sustainable Development: Which Way for the
Informal Economy? News & Views UNRISD.
UNU Policy Brief – Women in the Informal Economy: Experiments in Governance from Emerging Countries.
Sweetman, Caroline, 2008. Feminist Economics, From Poverty to Power: How Active Citizens and Effective
States Can Change the World, Oxfam International.
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Wed 5 Nov
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Development Policy and Foreign Aid
Perkins, Dwight H. et al., 2013. Chapter 1: Patterns of Development, in Economics of Development.
Escobar, Arturo, 1995. Introduction: Development and the Anthropology of Modernity, in Encountering
Development: The Making and Unmaking of the Third World.
UNICEF UK: What are the Millennium Development Goals (MDG)?
United Nations Development Program: Human Development Report 2014 – Overview.
United Nations: The Millennium Development Goals Report 2014 – Overview.
Riddell, Roger C., 2007. Chapter 6: The Political and Commercial Dimensions of Aid, in Does Foreign Aid Really
Work? Pp.
Slavoj Zizek: First as a Tragedy, Then as a Farce (2010, 10min57). Available at:
http://www.youtube.com/watch?v=hpAMbpQ8J7g
Oxfam: Does aid work? (2010, 2min34). Available at: http://www.youtube.com/watch?v=34N51yTyEbE
Module 3: Possible (R)evolution(s)
Perspectives on Alternative Economies
Wed 12 Nov
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Tim Jackson: An economic reality check (2010, 24min31). Available at:
http://www.youtube.com/watch?v=NZsp_EdO2Xk
Costanza, Robert et al., 2012. What would a sustainable and desirable economy-in-society-in-nature look like?
in Building a Sustainable and Desirable Economy-in-Society-in-Nature, pp. 18-28.
Dietz, Rob & O’Neill, Dan, 2013. Chapter 15 - Enough Waiting: Taking Action to Start the Transition, in Enough
is Enough: Building a Sustainable Economy in a World of Finite Resources.
Daly, Herman, 2013. Top 10 Policies for a Steady-State Economy, The Daly News, October 2013.
Demaria, Frederico et al., 2012. What is Degrowth? From an Activist Slogan to a Social Movement, pp. 191215.
Mon 17 Nov
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Degrowth for Ecological Sustainability and Social Equity
Transition Towns and Community Resilience
Healy, Stephen, 2009. Economies, Alternative, in Thrift, NJ & Kitchin, R (eds.), International Encyclopedia of
Human Geography.
Rob Hopkins: Transition to a world without oil (2009, 17min57). Available at:
http://www.youtube.com/watch?v=8meWY0W40OA
Chapter 9: Community, in Boyle, D. & Simms, A., 2009. The New Economics: A Bigger Picture, pp. 123-135.
Anderson, Teresa, 2012. Riding the wave – How Transition Towns are changing the world and having fun, in
What Next, Vol. 3.
Vandana Shiva: an interview (2012, 22min34). Available at:
http://www.youtube.com/watch?v=q3d9k23UyQQ
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Wed 19 Nov
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Modernising Money: How we End the Crisis
Chapter 4: Money, in Boyle, D. & Simms, A., 2009. The New Economics: A Bigger Picture.
Graeber, David, 2009. Debt: The First 5000 Years, Mute, Vol. 2, No. 12.
Documentary: 97% owned (2012, 60min). Available at: https://www.youtube.com/watch?v=d3mfkD6Ky5o
Positive Money, 2014. Executive Summary, in Creating a Sovereign Monetary System, pp. 6-10.
Institute of Islamic Banking and Insurance: “The Islamic Financial System”, “What is Islamic Banking” and
“Islamic Banking Principles”.
Wed 26 Nov
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The Future of Work: Work More, Earn More?
Chapter 2: Take Back Work – Surviving Well, in Gibson-Graham, J.K. et al., 2013. Take Back the Economy: An
Ethical Guide for Transforming Our Communities.
Sanne, Christer, 2005. The Consumption of our Discontent, Business Strategy and the Environment, Vol. 14,
pp. 315-323.
Graeber, David, 2013. On the phenomenon of Bullshit Jobs, Strike! Magazine online, (August 2013).
nef, 2010: 21 hours – Why a shorter working week can help us all to flourish in the 21st century.
new economics foundation (nef): About Time – 21 hours (2012, 4min). Available at:
http://www.youtube.com/watch?v=580VyI6hFmo
Carton, Hugo, 2013. Living income for free and egalitarian societies. Momentum Institute discussion paper
(October 2013).
Mon 24 Nov
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Workshop 3: Prototyping Alternative Economies
Chapter 1: Reframing the Economy, Reframing Ourselves, in Gibson-Graham, J.K. et al., 2013. Take Back the
Economy: An Ethical Guide for Transforming Our Communities.
IDEO, 2009. Make Ideas Real, in Human-Centered Design Toolkit.
Hansen Kyvsgaard, Poul, 2012. Innovation and Learning Facilitated by Play, in Seel, N. ed., 2012.
Encyclopedia of the Sciences of Learning, pp. 1569-1570.
Bernard Lietaer: Money Diversity (2011, 23min38). Available at:
http://www.youtube.com/watch?v=T9EI2PrDpmw
Ken Webster: Circular Economy (2012, 19min21). Available at:
http://www.youtube.com/watch?v=mvQEBB3IdZM
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Wed 3 Dec
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Happiness Economics: Life, Consumption and Well-Being
Charles Eisenstein: Sacred Economics, A short film (2012, 12min08). Available at:
http://www.youtube.com/watch?v=EEZkQv25uEs
Illich, Ivan, 2010. “Needs”, in Sachs, Wolfgang ed., 2010. The Development Dictionary.
Csikszentmihalyl, Mihaly, 2000. The cost and benefits of consuming, Journal of Consumer Research, Vol. 27,
pp. 267-272.
Tim Kasser: The High Price of Materialism (2011, 5min36). Available at:
http://www.youtube.com/watch?v=oGab38pKscw
Schor, Juliet, 2010. Tackling Turbo Consumption, Cultural Studies, Vol. 22, No. 5, pp. 588-598.
Nic Marks: The Happy Planet Index (2010, 16min49). Available at:
http://www.ted.com/talks/nic_marks_the_happy_planet_index.html
Kelly, Annie, 2012. Gross national happiness in Bhutan: the big idea from a tiny state that could change the
world (The Guardian online, December 2012).
Aldred, Jonathan, 2009. Chapter 5: Happiness, in The Skeptical Economist: Revealing the Ethics Inside
Economics.
Mon 8 Dec
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The Future of Business: Beyond Business As Usual
Porter, Michael E. & van der Linde, Claas, 1995. Green and Competitive: Ending the Stalemate, Harvard
Business Review, pp. 120-134.
Porter, Michael E. et al., 2012. Measuring Shared Value: How to Unlock Value by Linking Social and Business
Results.
Chapter 3: Take Back Business – Distributing Surplus, in Gibson-Graham, J.K. et al., 2013. Take Back the
Economy: An Ethical Guide for Transforming Our Communities.
Patagonia advertisement: “Don’t buy this jacket” (2011).
Anon., 2012. Collaborative Manufacturing: All together now (The Economist online, April 2012).
Vitari, Claudio et al., 2012. Fast versus Slow Management.
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