NOTE: As of Spring 2024, this course no longer uses a poll for registration. This is a cross-listed course offered under BUSN 35225 for Booth students and ECON 28620 for non-Booth students. Booth students will bid on BUSN 35225. Non-Booth student can register under ECON 28620 or, if space is available, enroll via the non-Booth registration process for BUSN 35225.
The economic system prevailing in most of the world today differs greatly from the idealist version of free markets generally taught in economic classes. This course analyzes the role played by corporate governance, wealth inequality, regulation, the media, and the political process in general in producing these deviations. It will explain why crony capitalism prevails in most of the world and why it is becoming more entrenched also in the United States of America. The course, which requires only basic knowledge of economics, welcomes undergraduates.
