The PPE group engages in weekly conversations with diverse points of view in an effort to deepen our understanding of the intersection between politics, philosophy, and economics
This week in the Philosophy, Politics, and Economics reading group, we read and discussed the first couple chapters of Richard Wagners, Deficits, Debts, and Democracy: Tangling with Tragedy of the Fiscal Commons. Wagner discussed causes as to why the United States has been continually running deficits since the 1960’s. On the discussion board, the conversation center around two main topics: Short term over long-term thinking and the prisoner’s dilemma of budget making. Next week, the group will be reading and discussing “Collective Action and the Evolution of Social Norms” by Elinor Ostrom and “The Economic Role of Political Institutions: Market-Preserving Federalism and Economic Development” by Barry R. Weingast.
Click “continue reading” for a selection of our conversation:
Continue reading PPE Reading Group – September 5th, 2017