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History of Economic Thought at SDSU

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Jonathan M. F. Catalán posted on Tue, Aug 10 2010 10:35 PM

Here is the syllabus for one of the History of Economic Thought courses at San Diego State University.  Quoted from the syllabus,

II. Chicago School of Economics: (Maybe) The Greatest Economics Department Ever. 1. The Chicago School, text Ch 24.
2. The Antithesis of Chicago: Aristotle: Scholasticism: Usury.


III. Austrian School of Economics. So Close and Yet So Far From Chicago. 1. Austrian Economics. Text: pages for F. Hayek (410), J. Schumpeter (479-482), O. Lange (409-411)
2. Vienna & Chicago. Friends or Foes. Mark Skousen. Chapter 1.
3. Nobel Prize Winners. http://almaz.com/nobel/nobel.html

Well, at least the Austrians are being noted. ;)

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I imagine they'll treat scholastic economics as if it were all about usury, and ignore its outstanding work in value theory and in analyzing the market process.  And by focusing on Hayek and Schumpeter, it looks like they'll treat the Austrian school as an eclectic approach, instead of studying the integrated, building progress of the tradition of Menger, Bohm-Bawerk, and Mises.

"the obligation to justice is founded entirely on the interests of society, which require mutual abstinence from property" -David Hume
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Esuric replied on Wed, Aug 11 2010 12:29 AM

I like how they threw in Oskar Lange. I'm surprised the professor didn't add Kaldor and Sraffa's "critique." Here's my guess: he's going to marginalize AE as "well-intentioned" but "ultimately incorrect."

"If we wish to preserve a free society, it is essential that we recognize that the desirability of a particular object is not sufficient justification for the use of coercion."

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I might email the professor and ask if I can sit in during the lectures on the Austrian school.

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Reading through the syllabus, it does mention the marginalists Jevons, Menger, Weiser, Bohm-Bawerk, which is the start of the Austrian school, although it seems they are classified under the heading of "Neoclassical Economics."

There is also a required reading (at least the first chapter) of Vienna & Chicago, Friends or Foes? by Mark Skousen, a known Austrian economist.

The newer textbooks for the History of Economic Thought (used in many colleges) do have a section on the Austrian school.

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I might email the professor and ask if I can sit in during the lectures on the Austrian school.

You would travel to San Diego just for that?

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I currently live in San Diego.

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Do any Austrian professors work in or near New York City?

Freedom has always been the only route to progress.

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There is an Austrian program at New York University, including Mario Rizzo (he might be the only one there, honestly).

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