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71171-01 - Tutorial: State Financing and Money Creation - an Overview 2 CP

Semester spring semester 2024
Course frequency Once only
Lecturers Louis Oberli (louis.oberli@unibas.ch)
Content Money and state finance has an enormous impact on the capabilties of a society. Yet common knowledge about their workings is rare. They are often treated as a given and not understood as changeable by politics. Yet a glimpse at history will quickly show that how money is created and how states finance themselves has continually adjusted.

Our main goal in this course is to understand money and state financing as social, i.e. determined by discourse and power structures. We will consider modern and contemporary examples and stay close to the actual political process shaping these systems.
Bibliography The literature we'll work with mostly stems from modern monetary theory. This includes text by economists, like Stefanie Bell - The role of the state and the hierarchy of money. The economic concepts we need will be introduced in the course and we focus on wider societal implications, therefore no prior knowledge of economics is required. Part of the literature is also adjustable according to the needs and interests of the participants.

A centre piece of the course is Lev Menand and Joshua Younger - Money and the public debt: treasury market liquidity as a legal phenomenon. It traces the history of the US-Dollar and US state financing. Through this concrete example we'll be able to see what institutional arrangements already existed and what challenges brought them to their modern form. From our sociological perspective, we'll be especially interested in which actors and views are involved in the shaping of these monetary arrangements.
Comments The course will be in English. But don't let insecurity in speaking prevent you from participating. This is intended to be an opportunity to exercise your language skills.

 

Admission requirements No prior knowledge of economics is required.
Course application Belegen
Language of instruction English
Use of digital media No specific media used

 

Interval Weekday Time Room
wöchentlich Monday 12.15-14.00 Soziologie, Hörsaal 215

Dates

Date Time Room
Monday 26.02.2024 12.15-14.00 Soziologie, Hörsaal 215
Monday 04.03.2024 12.15-14.00 Soziologie, Hörsaal 215
Monday 11.03.2024 12.15-14.00 Soziologie, Hörsaal 215
Monday 18.03.2024 12.15-14.00 Soziologie, Hörsaal 215
Monday 25.03.2024 12.15-14.00 Soziologie, Hörsaal 215
Monday 01.04.2024 12.15-14.00 Ostern
Monday 08.04.2024 12.15-14.00 Soziologie, Hörsaal 215
Monday 15.04.2024 12.15-14.00 Soziologie, Hörsaal 215
Monday 22.04.2024 12.15-14.00 Soziologie, Hörsaal 215
Monday 29.04.2024 12.15-14.00 Soziologie, Hörsaal 215
Monday 06.05.2024 12.15-14.00 Soziologie, Hörsaal 215
Monday 13.05.2024 12.15-14.00 Soziologie, Hörsaal 215
Monday 20.05.2024 12.15-14.00 Pfingstmontag
Monday 27.05.2024 12.15-14.00 Soziologie, Hörsaal 215
Modules Electives Bachelor Sociology: Recommendations (Bachelor's degree subject: Sociology)
Assessment format continuous assessment
Assessment details To pass you have to read the literature, attend regularly and write a brief (2-3 pages) summary of a text and its discussion in the course.
Assessment registration/deregistration Reg.: course registration; dereg.: not required
Repeat examination no repeat examination
Scale Pass / Fail
Repeated registration no repetition
Responsible faculty Faculty of Humanities and Social Sciences, studadmin-philhist@unibas.ch
Offered by Fachbereich Soziologie

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