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Markets and Society

Dive into central economic questions on markets' role in society, capitalism, and regulations. Develop a personal viewpoint and think creatively about the future in this intellectually engaging course. Class participation, assignments, and feedback are key elements.

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Markets and Society

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  1. Markets and Society From Friedman to Bowles Prof. Dr. Oliver Spalt Chair of Financial Markets and Financial Institutions

  2. The Purpose of this Course • This course is an attempt to help us come to grips with central questions for economics and the world: • What is the proper role for markets in society? • When do markets work well? • When and how should we regulate them? • Is there a role for morals in markets… • …and if so, what is it?

  3. Capitalism and Free Markets In theory, capitalism and free markets are a beautiful thing However…

  4. Attitudes Towards Capitalism

  5. Attitudes Towards Capitalism

  6. The Aim of This Course • The aim of this course is: • …to engage in intellectual dialogue, … • …to develop a personal point of view on some of the central economic questions we face today, … • and to allow ourselves to think creatively about the future.

  7. Proudly Old School! We read books (two great ones, actually)

  8. Our Books

  9. Markets and Morals Daraprim Pricing

  10. Proudly Old School! • We read books (two great ones, actually) • We mostly talk without the use of slides • We start from the presumption that the future may need new thinking we develop today • And that non-economists may have important and relevant insights as well

  11. The Blind Spot Ask yourself the questions: Why are you taking this course? What can be important about this course for you personally? From which inner place comes your motivation to engage with this course

  12. Course Outline

  13. Assessment 50% Class Participation 30% Assignment (Essay) 20% In-Class Presentation

  14. Feedback Your feedback is extremely valuable to me! Option 1: just tell me (anytime!) Option 2: You can leave totally anonymous feedback at: https://forms.gle/HLWpcrUotnGxYiAk8

  15. Questions?

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