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in 7 Lectures
An excellent training about Social Science
Understanding our Political Economy
The purpose of this course is to study fundamental economic principles and to apply them in solving todays economic problems: poverty, inequality, unemployment, recessions, high taxes, inflation, etc. The textbook used is Henry Georges masterwork, Progress and Poverty. Though this book first appeared in 1879, it is fully applicable to todays conditions since the principles with which it deals are universal. A reading of the book will convince the student of its timeliness. The basic problem which George set out to solve in this book is still todays basic problem: Why, in spite of progress, does poverty persist?Many answers have been given since Georges day, and many measures have been applied, but the problem still remains. The problems of the business cycle and recurring periods of unemployment have also defied solution. In this course, we look into Georges analysis to which sufficient attention has not been paid, but which has never been successfully refuted.A fundamental and non-technical approach to economics is taken in this course. Basic terms are defined, basic economic laws are sought and basic principles are applied. Study supplements are offered for each lesson not as a substitute for the text but to augment it by elaborating certain points, by applying the principles to current conditions and by answering the most frequently asked questions. The course is divided into 7 lessons. The Rise of EconomicsEssential Elements of Political EconomyThe Natural Laws of Production and Distribution of Wealth Money, Currency and CreditRent Privatization and the Boom-Bust CycleHoles in the Neo-classical Price TheoryWhat to do when the Perfect is out of ReachIt will be seen that the last part of the course goes beyond economics and into social justice. The theme as it unfolds becomes more fascinating and will reward the student who pursues it to the end. Each lesson has online assignments and in some cases, supplemental reading and a set of questions for offline practice. To get the most from this course, it is highly recommended to read the entire text of Progress and Poverty.
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