Teaching
Class Notes
Short notes that may be assigned for ENVP Poverty, Inequality and the Environment
Classical and Neoclassical Economic Concepts
“Restore the Original Wealth Tax” In the age of income and corporate tax loopholes, the property tax remains the only tax many rich people and corporations pay–even though they have already substantially croppled it by convincing ordinary folks it’s a tax on the poor and middle class. Dollars & Sense Magazine, March/April 2011.
“George, Wicksell and Gaffney: A Three-Factor Model of the Boom and Bust Cycle.” Presented at the History of Economics Society, June 2007. Published March 2009, International Journal of Social Economics.
2. Monopolies, Oligopolies and Cartels
3. Elasticity of Supply, Demand and Income
5. Externalities and Public Goods
6. Production; Increasing and Decreasing Returns; Factor Proportions
Ideas to Remember from the Course
The Classical Economists’ Theory of Income Distribution and George’s Modification
Critique of ITEP on Who Pays Taxes?
Definitions: Arbitrage, Impute, Margin, Profit
Key points from Elinor Ostrom’s Book, Governing the Commons
Population: Dynamics and Useful Websites
Population: Distribution, Density and Poverty
Concepts: Power Law, Tipping Point, Logistic Function
Sustainable Production Using More Labor and Less Natural Resources
Trade and Globalization Outline
The Classical Economists’ Case for Free Trade
Trade and Globalization–Historical Perspective
Class Reading
Short articles that may be assigned for class reading.
Gaffney on U-Tube: “My Greedy Generation”
Gaffney Progress and Poverty Study Guide with Drake Chapters added
Amartya Sen: Adam Smith, The Economist Manifesto
Amartya Sen: “Poor, Relatively Speaking”
Ronald Coase: “The Problem of Social Cost”
Economist: “Outsourcing’s Third Wave: Buying Farmland Abroad”
Economist: “Running Dry–Water for Farming”
Garrett Hardin: “The Tragedy of the Commons”
Peter Dreier: Jane Jacobs’s Legacy
Lisa Margonelli: “Waste Not–A Steamy Solution to Global Warming”
John Tierny: “A Tale of Two Fisheries”
Amartya Sen: “The Rich Get Hungrier”
Alex Williams “Don’t Let the Green Grass Fool You”
Tina Rosenberg: “The Daughter Deficit”
Elinor Ostrom: “Sustainable Socio-Economic Systems”
Joseph Stiglitz: “Of, By, and For the One Percent”
Joseph Stiglitz: “Principles and Guidelines for Deficit Reduction”
David Luhnow: “Carlos Slim: The World’s Richest Man”