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Theories of the Global Free Market and their Critics - POLS5158
The Red Centre Promenade

 
Faculty: Faculty of Arts and Social Sciences
 
 
School:  School of Social Sciences and International Studies
 
 
Course Outline: Contact School
 
 
Campus: Kensington Campus
 
 
Career: Postgraduate
 
 
Units of Credit: 6
 
 
EFTSL: 0.12500 (more info)
 
 
Indicative Contact Hours per Week: 2
 
 
Excluded: POLS3047
 
 
Fee Band: 1 (more info)
 
 
Further Information: See Class Timetable
 
 

Description

Neo-liberal or 'economic rationalist' arguments for the desirability of a global free market. Formal characteristics of 'free' market relations in economic theory. Free markets in theory v free markets in practice. Maximalist and minimalist arguments for free markets. Neo-liberalism and the critique of state economic intervention. The 'Asian Tigers' and neo-liberal theory. Critiques of maximalism and critiques of minimalism. State intervention and global economic competitiveness. Economic theory and global economic stability and instability.

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