ECONOMETRIC POEICY EVALUATION: A CRITIQUE Robert E. Lucas, Jr. 1. Introduction Tile fact that nominal prices and wages tend to rise more rapidly at tile peak of the business cycle than they do in the trough has been well recognized from the time when tile
This is a digital copy of a book that was preserved for generations on library shelves before it was carefully scanned by Google as part of a project to make the world's books discoverable online. It has survived long enough for the copyright to expire an
PHILIPP Mr. VON HORNICK
OESTERREICH UBER ALLES, WANN ES
(1638-1712) was the son of
Hofrat Ludwig von Hornick. H e studied law at Ingolstadt,
and received his doctorate in 1661. Returning to Vienna, he
University of Minnesota
History of Economics Thought
Econ 4171 Lec 01
Spring Semester 2012
Lecture: 9:45am 11:00am, Tuesday/Thursday, CSOM L118
Name: Thomas R Longwell Email: [email protected]
Office: 3-111 Hanson Hall
For one of the following, answer in an essay of 5-7 pages. Be sure to support your
claims with citations from the text and answer the question completely.
1. Compare and contrast the trade policies advocated by Cantilion and Von
1. Both Adam Smith and David Ricardo believed that labor is the standard of
value. Carefully explain the labor theory of value and discuss how
Ricardos understanding of the concept differs from Smiths.
2. Explain as carefully as possible how
Due April 5 in class.
For both papers, you may wish to cite sections of Das Kapital that were not
assigned for class reading, but this is not required.
1. Egalitarian, adjective
Due April 26th in class
Choose one of the following topics, and write a paper or 5-7 pages. Be sure to cite
when appropriate, and review the paper grading criteria.
1. Carefully explain the classical economic view of unemployment, as, for
As discussed in the syllabus, 15% of the grade for this course will consist of an in-class
You have chosen a day to present. The works we will be reading are listed on the syllabus. The
main goal of the presentation