M2 Pro Communication et informations éco. et financière - Les économies anglo-saxonnes (Etats-Unis et Royaume-Uni)
- Course content
For advice about preparing for the exam on Monday 2 December, please refer to the "bibliography" section below.
The nine classes will cover the following material (you can find my notes for the classes below):
1/ Overview of the US: geography, population, economy
2/ US economic history and institutions
3/ The rise of neoliberalism
4/ The financial and on-going economic fragility
5/ US foreign economic relations
6/ Britain’s economic structure and institutions
7/ Britain’s convergence and divergence with continental European social democracy in the 20th century
9/ Poverty, social inequality in the English-speaking countries
Last updated 25 November 2019
Essential texts to revise for the exam:
Focus Economics, US Economic Outlook, November 19, 2019.
IMF, 2019 Article IV Consultation, United States, 24 June 2018 (download the main pdf file which provides a very good summary of many issues discussed in class and is only about 35 pages long).
King, M., "Per Jacobsson Lecture: The World Turned Upside Down: Economic Policy in Turbulent Times", Speech at IMF annual meeting, 19 October 2019 (video and text available).
OECD, Economic Outlook, November 2019: listen to the overall presentation by Laurence Boone and read the sections on the US and the UK.
PWC, UK Economic Outlook, July 2019 (see the full report or summary).
Summers, L., Secular Stagnation blog. (Select one or two key texts.)
[I don't particularly like giving references to my own work, but I have recently published a couple of articles in the small world of "civilisation britannique" which summarise, as well as I can, some of the background issues on Brexit and also rising inequality in Anglophone countries:
"Changes in Official Poverty and Inequality Rates in the Anglophone World in the Age of Neoliberalism",in Simon Dawes et Marc Lenormand Neoliberalism in the Anglophone World, Angles, février 2019.
"From the 'Thatcherisation of Europe' to Brexit", in Edwige Camp (ed.) Mutations politiques et économiques du Royaume-Uni, entre perspective britannique et angle écossais (Numéro en hommage à Jacques Leruez), Revue française de civilisation britannique, XXIV-4 | 2019.]
Brender, A. & Pisani, F., L'économie américaine, Paris, coll. Repères, La Décourverte, 2018.
Butler, E., "Public Choice - A Primer", The Institute of Economic Affairs, 2012.
Hayek, F. A., "The Use of Knowledge in Society", American Economic Review, 1945.