This course evaluates the potential impact of current U.S. policies in conventional macroeconomic terms. As the “America First” mixture of tariffs, immigration, tax cuts, deregulation, and privatization works its way through the economic system, there is a growing sense of unease, often billed as “strategic uncertainty." While significant overhauls in the structural framework of allocation, production, and distribution may be expected, this also raises important questions concerning distributional equity, fiscal soundness, monetary acuity, and economic stability.
Recommended book: The Road to Freedom: Economics and the Good Society, 2024 by Joseph E. Stiglitz
This course will meet in person March 17, 24, 31, April 7, and 14.