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Globalization – Fall 2008
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A key determinant of your grade in this course will be the blog portfolio. Pls turn this in (or let me know where I can find it, if e.g. you blog it, no later than Wednesday, December 12, 2007.
The final graded paper of this course is the following:
It is January 2009 and you have been appointed staff advisor to the new President of the United States. He has tasked you with developing a set of policy proposals to address the following questions:
What policy proposals do you recommend to capture the potential benefits of globalization to the US and to mitigate the potential threats? You may divide your proposals into the short term (over the next four years) and the long term (five years or more).
Your paper should follow the directions of the first two graded papers, and is due no later than Friday, December 7, 2007.
NPR had a fascinating story on the short and long run effects of globalization “shipping jobs to the third world.” Lots to learn here, including the effects of US tariffs on third world. Who are the ultimate winners here? Who is being protected?
Terry Fitzgerald at the Minneapolis Federal Reserve Bank has published a recent article with a new and persuasive take on this question.
Fascinating video about education, jobs and life in the 21st Century. What do you think of it?
Try to find an estimate of the number of U.S. jobs lost due to outsourcing in recent years. Post your answer on the wiki by class time.
has been posted on the course syllabus. Follow the links under Course Requirements to find it. Let me know if you have any questions.
Read Michael Gerson’s “Cotton and Conscience” in today’s Washington Post for an article on welfare for capitalists and the inefficiency of farm subsidies: small benefits for well-to-do U.S. cotton farmers, and large costs for many small subsistence farmers in Africa. This puts the lie to claims that the U.S. is for free trade.
Does this count as ethics or economics in our categories? Yes!