Faculty Meetings
Bryan Caplan: Famines Bad, Plagues Good


The political economy major I chair here at Berkeley is called Political Economy of Industrial Societies, which almost everyone thinks is gross. The question is what to change it too. I favor Political Economy, on the grounds that all societies in the world today are industrial (or postindustrial) societies. The division between Political Economy and Development Studies may at one time have been that we study rich and they study pipe countries, but now it is that we study economies and they study cultures. Others say International Political Economy is better--but if that were so would not Global Studies be better still? And perhaps the rectification of names requires that it be called Philosophy, Politics, and Economics...