Course Details

EUST 233: Economics and European Studies in Cambridge: Capitalism and Crises: Political Economy from Marx to Hayek

Britain was at the forefront of the Industrial Revolution during the eighteenth and nineteenth century. That rapid economic growth unleashed by free competition brought with it the constant threat of crisis was an insight developed by Marx and later Keynes. Britain was home to capitalism’s cheerleaders as well as to its most important critics. Its economic dominance was accompanied by a tradition of tolerance, of open public discussion and free academic enquiry that made London and Cambridge attractive to students of political economy from Europe and across the world. Readings from the most important representatives will be supplemented by visits to industrial sites and museums in Manchester. Prerequisite: Enrollment in OCS Cambridge Program
3 credits; SI, IS; Not offered 2021-2022