Sumários

Control, separation and association within classical liberalism

30 Outubro 2025, 14:30 Ana Cristina Costa


 Control, separation and association within classical liberalism 

Required Readings for the lecture:

Caldas, José Castro, Ana Costa and Tom Burns (2007), “Rethinking economics: the potential contribution of the classics”, Cambridge Journal of Economics, 31(1): 25-40. 

Complementary readings:

Clift B (2014) Comparative Political Economy: States, Markets and Global Capitalism, Basingstoke: Palgrave Macmillan [Chapter 3]

Mill, John Stuart. (1868). Principles of political economy with some of their applications to social philosophy (People's Edition). London: Logmans, Green, Reader and Dyer [Book II, Chapters I and II].

Nussbaum, Martha C. (2004), “Mill Between Aristotle & Bentham”, Daedalus

133(2): 60-68. 

Smith, Adam (1993[1776]), An Inquiry into the Nature and Causes of the Wealth of Nations, Oxford: Oxford University Press, [Book 1, Chapter VII, 53-62; Book 1, Chapter XI, 145-157].

Watson, Matthew (2005), “What makes a market economy? Schumpeter, Smith and Walras on the coordination problem, New Political Economy, 10 (2): 143-161.


Debate 1

29 Outubro 2025, 13:00 Ana Cristina Costa


Debate 1

In-class debate 1 is devoted to the following topic: 

‘Do economic ideas influence policy making? And how?’


Control, separation and association: behavioural postulates

9 Outubro 2025, 14:30 Ana Cristina Costa


Control, separation and association: behavioural postulates

Required Readings for the lecture:

Simon, Herbert A. (1955), “A Behavioral Model of Rational Choice”, Quarterly Journal of Economics 69: 99-118.

Complementary readings:

Kanheman, Daniel (2003), “Maps of Bounded Rationality: Psychology for Behavioral Economics”, American Economic Review December: 1449-1475.


Control, separation and association: behavioural postulates

8 Outubro 2025, 13:00 Ana Cristina Costa


Control, separation and association: behavioural postulates

Required Readings for the lecture:

Sen, Amartya (1977), “Rational Fools”, Philosophy and Public Affairs, 6(4): 317-344. 

Complementary readings:

Bowles, Samuel (2004), Microeconomics – Behaviour, Institutions, and Evolution, Princeton University Press,  [Chapter 3].

Hirschman, Albert O. (1985), “Against Parsimony: Three Easy Ways of Complicating some Categories of Economic Discourse”, Economics and Philosophy 1: 7-21.

Nussbaum, Martha C. (1997), “Flawed Foundations: The Philosophical Critique of (A Particular Type of) Economics”, The University of Chicago Law Review, 64(4): 1197-1214.

The problem of social order: control, separation and association

2 Outubro 2025, 14:30 Ana Cristina Costa


The problem of social order: control, separation and association 

Required Readings for the lecture:

Hardin, G. (1968), “The Tragedy of the Commons”, Science, 162:1243-1248.

Wade, Robert (1987), “The Management of Common Property Resources: collective action as an alternative to privatisation and state regulation”, Cambridge Journal of Economics, 11: 95-106. 

Complementary readings:

Demstz, H. (1967), “Toward a theory of property rights”, American Economic Review, 62: 347-59.