Course Description

Economic, social, and political justifications for intervention in market economies. Emphasis on regulatory policies, the theoretical debate surrounding government regulations, and alternatives to regulation.

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Athena Title

Government and Business

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Prerequisite

INTL 3200 or INTL 3200E or INTL 3300

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Grading System

A - F (Traditional)

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Course Objectives

This course is designed to provide students with the major theories, analytical approaches, and case studies of government intervention in market economies. Analytical written assignments required.

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Topical Outline

I. Introduction II. The American Legacy Foundations of Laissez Faire Regulation as Fire Engine III. The State and Regulation: What is "Big" Government? The Quality of Regulation The Quality of Regulation IV. The Asian Enigma Late Industrialization State-led Models of Growth Japanese Decline & the Success of the Tigers V. The End of the German Model? Organized Capitalism Finance Capitalism The Success of the Social Market Economy The Siren Song of Deregulation VI. Comparative Patterns Early v. Late Industrializers Firms, Banks and States Varieties of Capitalism VII. What Kind of European Future? From Coal and Steel to Initial Union Giant Market and a Supra State? VIII. Democracy and the Politics of Regulation Imposition of Market Criteria on Politics? Imposition of Political Criteria on Markets? Democratic Capitalism or Democratic Politics?

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