Week 1 (__time date__)
[Recordings of ...]
- [.pdf]
.. foundation of modern economic thought
in terms of and describing modern capitalism (Smith, 1766/1768)
...with an underlying theme upon the contemporary issue of "heavy hand of totalitarian control and state capitalism"
Reading:
"20th-Century Political Economy" (Sachs, 1999)
Shermer, M. (April 7, 2025). "Why Tariffs Decrease the Wealth of Nations." Skeptic. (mercantilism [of profitable trading and commercialism] that nations compete for a fixed amount of wealth in a zero-sum game; by this, in order for a nation to become wealthy, its government must run the economy from the top down through strict regulation of foreign and domestic trade, enforced monopolies, etc.) |