(the number, in parentheses, in front of a reading refers to the assignment number of the reading; an * is used to designate optional readings)

part I: economic framework for understanding the domestic and global business environment


1. kinds of orders in an economy;  the role of the individual, beliefs and paradigms in economics and ethics

Brownstein and Brownstein: Pages 3-78; including:
    (1)Hayek: Cosmos and Taxis
    (1)Suarez, Mills and Stewart: Wisdom, Insight and Psychological Change
    (2) Emerson: Self-Reliance
    (2)Hayek: Individualism:True and False

2.  the nature of rights and justice

Brownstein and Brownstein: Pages 79-140; including:
    
    (3)Rothbard: Justice and Property Rights
    (4)Hayek: `Social' or Distributive Justice

3. the use of knowledge in society; the role of prices; the meaning of competition.

Brownstein and Brownstein: Pages 143-197, 255-264; including:
    (5)Hayek: The Use of Knowledge In Society

First Essay Due March 10,11,12.  Analyze and synthesize all readings up to and including The Use of Knowledge in Society.   Submit 2 copies of your essay. Identify your paper by your social security number only.  Do NOT bind your paper or put it in a folder.   Simply staple the pages together.

    (5)Hayek: The Meaning of Competition
    (5)Hayek: Competition as a Discovery Procedure
    (5*)Friedman: The Power of the Market
the economic problem...is a problem of the utilization of knowledge which is not given to anyone in its totality...f.a. hayek
    
    (5*)Peters: Violent Market-Injection Strategies
    (5*)Gleick: The Butterfly Effect
    

4.   the role of discovery, profits and the entrepreneur in a market economy; discovery and the internal business environment

Brownstein and Brownstein:  Pages 198-254, 265-288 including:
    
    (6)Kirzner: Uncertainty, Discovery and Human Action
    (6)Von Mises: Profit and Loss
    (6*)Gilder: The Enigma of Enterprise

      (6*)Rothschild: Public Bureaucracy
    (6*)Rothschild: Private Corpocracy
    (7)Gable and Ellig: Introduction to Market-Based Management
    (7*) Hock: Institutions in the Age of Mindcrafting
    http://www.cascadepolicy.org/dee_hock.htm
    
5.  more on discovery, regulation and antitrust

Brownstein and Brownstein: Pages 286-411; including:
    (8*)Von Mises: Competition
    (8)Hayek: Government Policy and The Market

    (8)Kirzner: The Perils of Regulation: A Market Process Approach
    (8*)Armentano: Antitrust Policy
    (8)Dilorenzo: The Myth of Predatory Pricing
    (8)Dilorenzo: The Antitrust Economists' Paradox
    (9)Hayek: Planning and Democracy
    (9)Hayek: Planning and The Rule of Law

Optional essay is due April 21,22,23.  Analyze and synthesize readings from The Use of Knowledge to this point.  Submit two copies of your essay.  Identify your paper by your social security number only.  Do NOT bind your papers or put them in a folder.  Simply staple the pages together.
 

part II: domestic and global applications of the economic framework

1.  international trade

Brownstein and Brownstein: Pages 462-519; including:
    (10*)Bovard: The Fair Trade Fraud
    (10*)Bovard: Tariffs and Other Border Land Mines
    (10*)McGee: The Protectionist Mentality

(10)Roberts: The Choice

2.  environmental issues

Brownstein and Brownstein: Pages 415-461; including:
    (11)Anderson and Leal: Bureaucracy vs. Environment
    (11)Anderson and Leal: Homesteading The Oceans
    (11)Hess: A Market of Landscape Visions

3.  health care issues

Brownstein and Brownstein: Pages 520-550; including:
    (12)Blevins: The Medical Monopoly

4.  telecommunications

      (13)Gasman: Telecompetition

(13*) Schwartz and Leden: The Long Boom http://www.wired.com/5.07/longboom/

Brownstein and Brownstein: Pages 551-562; including:
    (13)Gilder: The Law Of the Microcosm   

The final evaluative essay is due on May 12, 13, 14.  Submit two copies of your essay and both of your self-assessment questionnaires. Identify your essay by your social security number only.  Do NOT bind your paper or put it in a folder.  Simply staple the pages together.

Course grades are available from the instructor only if a stamp self-addressed envelope is supplied. Requests for further feedback on your semester's work and progress in the course must be made in writing. These requests will be responded to promptly upon receipt.