CSS 220 - SOPHOMORE Economics
College of Social Studies
Fall 2014/Spring 2015
Topics in the History of Economic Thought
Note: Complete Syllabus will be available at a later date.
Professor Richie Adelstein
F 2:00 – 4:00 p.m.
PAC TBD
Office: PAC 419
Office Hours: TBA
Phone: (860) 685-2366
E-mail: [email protected]
Preceptor: Sammy Rosh
E-mail: [email protected]
REQUIRED TEXTS
The following books (all in paperback) are available at Broad Street Books:
1.) R. Heilbroner, Marxism: For and Against. W. W. Norton: 1980.
2.) V. I. Lenin, State and Revolution (1917). International Publishers: 1932.
3.) K. Marx and F. Engels, The Communist Manifesto (1848). International Publishers: 1948.
4.) R. J. Overy, The Nazi Economic Recovery, 1932-1938. Cambridge University
Press: 2nd edition, 1996.
5.) C. J. Schmitz, The Growth of Big Business in the United States and Western
Europe, 1850-1939. London: Macmillan.
6.) F. W. Taylor, The Principles of Scientific Management (1911). Dover Publications: 1998.
The books by Lenin, Marx and Engels, and Taylor have been published in many editions by
many publishers; any edition of any of these works is suitable for the Tutorial. All of the
remaining readings for the Tutorial will be available online or distributed in class, and one copy
of each will be placed on reserve in the CSS Library, from which they may not be removed.
Tutorial I: Order and Planning
Adelstein, "Organizing Production," unpublished manuscript (2011).
Tugwell, "The Principle of Planning and the Institution of Laissez Faire,"
22 American Economic Review (1932), pp. 75-92.
Adelstein, "Planning," unpublished manuscript (2011).
Hayek, "Competition as a Discovery Procedure,” in New Studies in Philosophy,
Politics, Economics and the History of Ideas (1978), pp. 179-190.
Heilbroner, "After Communism," The New Yorker, September 10, 1990.
Lindblom, "The Sociology of Planning: Thought and Social Interaction," in
Bornstein, ed., Economic Planning, East and West (1975), pp. 23-60.
Lindblom, Politics and Markets: The World's Political-Economic Systems
(1977), pp. 52-62.
Tutorial II: Contracts
Locke, The Second Treatise of Government (1690), Chapters 2, 5, 7, 8 and 9.
Rawls, A Theory of Justice (1971), pp. 11-17, 136-142.
McCormick, “Social Contract: Interpretation and Misinterpretation,” 9 Canadian
Journal of Political Science (1976), pp. 63-76.
Buchanan, “The Domain of Constitutional Economics (1990),” 1 Constitutional
Political Economy (1990), pp. 1-19.
Zhang, “Contract or Convention? A Brief Review of Constitutional Economics,”
unpublished manuscript (2009).
Macneil, “Contracts: Adjustment of Long-Term Economic Relations Under
Classical, Neoclassical and Relational Contract Law,” 72 Northwestern
University Law Review (1978), pp. 854-906.
North and Weingast, “Constitutions and Commitment: The Evolution of
Institutions Governing Public Choice in Seventeenth-Century England,”
49 Journal of Economic History (1989), pp. 803-832.
Tutorial III: Firms
Nelson, Managers and Workers: Origins of the Twentieth-Century Factory
System in the United States, 1880-1920 (1995), pp. 35-78.
Haber, Efficiency and Uplift: Scientific Management in the Progressive Era,
1890-1920 (1964), pp. 1-17.
Jordan, Machine-Age Ideology: Social Engineering and American Liberalism,
1911-1939 (1994), pp. 33-67.
Adelstein, "The Mechanical Firm,” unpublished manuscript (2011).
Taylor, The Principles of Scientific Management (1911).
Cooke, "The Spirit and Significance of Scientific Management," 21 Journal of
Political Economy (1913), pp. 481-493.
Aitken, Taylorism at Watertown Arsenal: Scientific Management in Action,
1908-1915 (1960), pp. 3-48.
Tutorial IV: Industrialization
Schmitz, The Growth of Big Business in the United States and Western Europe,
1850-1939 (1993).
Hofstadter, The Age of Reform: From Bryan to F.D.R. (1955), pp. 213-254.
Freyer, "Economic Liberty, Antitrust and the Constitution, 1880-1925," in
Paul and Dickman, eds., Liberty, Property and Government: Constitutional
Interpretation Before the New Deal (1989), pp. 187-215.
Adelstein, "Antitrusts," unpublished manuscript (2011).
Sombart, Why is There No Socialism in the United States? (1906). Distributed
in class and available in the CSS Library.
Tutorial V: "The Most Terrible Missile That Has Yet Been Hurled at the Heads of the
Bourgeoisie"
Ilyin and Motylev, What is Political Economy? (1986), pp. 91-140 ("The
Great Power of Ideas").
Sabine, A History of Political Theory (4th ed, 1973), pp. 570-607 ("Hegel:
Dialectic and Nationalism").
Marx and Engels, The Communist Manifesto (1848).
Heilbroner, Marxism: For and Against (1980), pp. 15-138.
Berlin, Karl Marx: His Life and Environment (4th ed. 1978), pp. 89-116
("Historical Materialism").
Tutorial VI: After Capitalism
Heilbroner, Marxism: For and Against (1980), pp. 141-174.
Lenin, State and Revolution (1917), Chapters 1, 3, 5 and the Postscript
(pp. 7-20, 32-48, 69-85, 101).
Vigor, A Guide to Marxism and Its Effects on Soviet Development (1966),
pp. 97-109, 117-119, 121-149.
Lindblom, Politics and Markets: The World's Political-Economic Systems
(1977), pp. 276-290.
Bernstein, Evolutionary Socialism (1899), pp. vii-xx (by Sidney Hook),
pp. 95-109, 135-224.
Tutorial VII: The End of Scarcity
Fairchild, Furniss and Buck, Economics (1926), pp. 502-519 ("Business Cycles").
Eckaus, Basic Economics (1972), pp. 175-187 ("Does the Market Guarantee Full
Employment?").
Galbraith, The Age of Uncertainty (1977), pp. 197-226 ("The Mandarin
Revolution").
Lee, Macroeconomics: Fluctuations, Growth and Stability (1967), pp. 303-308
("The Emergence of Modern Macrotheory").
Keynes, The General Theory of Employment Interest and Money (1936),
pp. 372-384 ("Concluding Notes on the Social Philosophy Toward Which
the General Theory Might Lead").
Skidelsky, "Keynes and the Reconstruction of Liberalism," 52 Encounter (April
1979), pp. 29-39.
Backhouse and Bateman, "Keynes and Capitalism," 41 History of Political
Economy (2009), pp. 645-671.
Adelstein, "'The Nation as an Economic Unit:' Keynes, Roosevelt and the
Managerial Ideal," 78 Journal of American History (1991), pp. 160-187.
Tutorial VIII: The First Keynesian?
Haffner, The Meaning of Hitler (1979), pp. 25-45.
Baerwald, "How Germany Reduced Unemployment," 24 American Economic
Review (1934), pp. 617-630.
Overy, The Nazi Economic Recovery 1932-1938 (2nd edition, 1996).
Tooze, The Wages of Destruction: The Making and Breaking of the Nazi
Economy (2006), pp. 30-66, 162-165.
Keynes, The General Theory of Employment Interest and Money (1936),
pp. xxv-xxvii ("Preface to the German Edition").

INTRODUCTION INTO THE SUBJECT

Planning Division Case Re ort