F201 Fall 2019 Capitalism vs. Socialism: Comparing Economic Systems
Tuesdays, 11:50–1:15, Sept. 24–Nov. 12
Instructor: Jim Cantwell
This course will consist of 16 half-hour DVD presentations from The Great Courses, two each day, supplemented with discussion. Notable economic thinkers Karl Marx and Adam Smith are highlights of the course. John Maynard Keynes and Milton Friedman offer contrasting views for and against active government intervention in a market economy. We will look at the economic systems of England, France, Germany, Sweden, Russia, China, and the Asian Tigers (South Korea, Taiwan, Singapore, and Hong Kong). We will also examine government involvement in health care, education, housing, transportation, and public utilities.
Jim Cantwell, an OLLI member, retired from the staff of US Senate Joint Economic Committee. He worked as a health economist/budget analyst at the US House of Representatives Committee on the Budget and at the Government Accountability Office. He was an assistant professor of economics at Texas A&M University.