Spring 2005

University of California,     San Diego

POLI 200C

Markets and States

J. Lawrence Broz and Clark Gibson

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Adam Smith                                                  John Locke

This module in the "Principles of Political Science" core sequence provides an overview of the normative and positive issues associated with decentralized (market) and centralized (state) mechanisms of allocation. It is motivated by two questions at the heart of the discipline: (1) What is the appropriate role of government in the economy? (2) How do we explain the actual role of government in the economy?

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