Wednesday, November 11, 2015

To do list for 2305

A couple subjects to cover:

1 - A look at market failure - an economists' look at what might justify governmental intervention in the economy:

monopolies
negative externalities
public goods
asymmetric information

2 - A brief walk through main episode in the history of economic policy making in the US:

- Hamiltonian Economic Program.
- First Bank of the United States.
- American School of Economics.
- Bank War.
- The Free Banking Era.
- Panic of 1837.
- Sherman Anti Trust Act.
- Panic of 1907.
- Federal Reserve System.
- Stock Market Crash.
- Great Depression.
- Keynesianism.
- Bretton Woods Conference.
- Deregulation and Reaganomics.
- North American Free Trade Agreement.
- Great Recession.