Word: feldstein
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Barker Professor of Economics Stephen A. Marglin ’59, a Marxist, laughably promises to “provide a more balanced approach” to Ec 10 than the conservative Keynesian (or moderate Republican) Baker Professor of Economics Martin S. Feldstein...
...Formally “Social Analysis 10: Principles of Economics,” Ec 10 is the only exposure many students will have to economics and is the only Harvard College course which teaches introductory economics. But why should Ec 10, and Baker Professor of Economics Martin S. Feldstein ’61, have a monopoly on Harvard students’ understanding of this field...
...fall covering microeconomics and the spring, macroeconomics. While students in Marglin’s course would leave the class knowing as much about neoclassical microeconomics as those taking Ec 10, they would also be exposed to current debates between economists. Marglin will even use the same textbook as Feldstein. After the fall semester, students will rejoin Feldstein and Ec 10 in the spring...
...Feldstein says that an introductory economics course should teach only the neoclassical economic model, and that if students are interested in the critique of that model, they should go on to take higher-level courses. However, many students never take higher-level courses, and if there is a broader view of economics within the field, why should students be denied the opportunity to study it in an introductory course...
Offering another introductory economics course is irresponsible, as it fails to address what people perceive to be the root of the problem. If the Harvard community is concerned that Baker Professor of Economics Martin S. Feldstein ’61 is neglecting to teach mainstream economic views in Ec 10, then the issue should be resolved by modifying the class—not by creating an alternative course. By just creating another introductory course to cater to the political leanings of students, we resolve nothing...