FTE online classes

You can’t afford to wait any longer to take advantage of the fastest growing opportunity in economics education!


Dear Colleague,

The FTE is pleased to announce its online course offerings for Fall 2009, including the new Economics of Disaster Online, offered for the first time. We are hoping that you'll be among the first to take advantage of these tremendous professional development courses. These courses provide teachers with:

* Economics curriculum, including lectures and accompanying activities
* Instruction by nationally-acclaimed instructors

One past participant proclaimed, "I would definitely take another online FTE course. . . . The curriculum and instruction in this online course was of the highest quality - rich, robust and interactive".

Course Offerings:
Economics Online for Teachers - Part 1 (EOFT 1)

* Dates: September 15 to November 30, 2009
* 2 Semester Hours of Graded Graduate Credit

Economics Online for Teachers - Part 2 (EOFT 2)

* Dates: September 15 to November 30, 2009
* 2 Semester Hours of Graduate Credi

Deadline to apply: September 4, 2009 for both EOFT 1 & EOFT 2. Applications will be accepted on a first come / first serve basis. Enroll today - programs fill quickly.

Note: Students in EOFT-1 may not be concurrently enrolled in either EOFT-2, CAPO or EoDO
Is Capitalism Good for the Poor? Online (CAPO)

* Dates: September 8 to December 8, 2009
* 3 Semester Hours of Graded Graduate Credits

Economics of Disasters Online (EoDO)

* Dates: September 8 to December 8, 2009
* 3 Semester Hours of Graded Graduate Credits

Deadline to apply: August 31, 2009 for both EoDO and CAPO. Applications will be accepted on a first come / first serve basis. Enroll today - programs fill quickly.

Note: Applicants must have successfully completed one of the other FTE Online courses as a prerequisite for EoDO and CAPO enrollments. Applicants with non-FTE online experience in graduate level courses may request an exception to this policy.

For more information and to apply, visit our website at www.fte.org/teachers/programs/online/

Please distribute this email to colleagues who may be interested in taking an Economics Online course.

If you have any questions, please call me at: 800-383-4335.

Sincerely,

Cecily Bailey, Online Program Manager



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260 Russell Blvd. Suite B · Davis, CA 95616 · Phone: 530-757-4630 · Fax: 530-757-4636 · information@fte.org

The Invisible Hand

Thanks to Jane Shaw at Liberty and Power for the heads up about a wonderful discussion between Gavin Kennedy and Dan Klein over the meaning and significance of the invisible hand in the Econ Journal Watch

Peter Minowitz concludes his essay, “Adam Smith’s Invisible
with the following words: “Centuries after Smith’s death, we are still struggling
fathom a two-word phrase that stands out in a thousand-page book.”

Gavin's position

Gavin asserts:

The metaphor of an invisible hand is just a metaphor and modern wonder over
its meaning is, well, meaningless.

Klein' response

William D. Grampp contends:

There are nine different interpretations of it that I have seen (which cannot be all of them), and there is a tenth.

the force that makes the interest of one the interest of others,

(2) the price mechanism,

(3) a figure for the idea of unintended consequences,

(4) competition,

(5) the mutual advantage in exchange,

(6) a joke,

(7) an evolutionary process,

(8) providence, and

(9) the force that restrains the export of capital.

from

What Did Smith Mean by the Invisible Hand?
Author(s): William D. Grampp

Source: The Journal of Political Economy, Vol. 108, No. 3 (Jun., 2000), pp. 441-465
Published by: The University of Chicago Press

What Does Social Theory Study?

From Taking Hayek Seriously

The discovery that there exist in society orders of another kind which have not been designed by men but have resulted from the action of individuals without their intending to create such an order, is the achievement of social theory — or, rather, it was this discovery which has shown that there was an object for social theory. It shook the deeply-ingrained belief of men that where there was an order there must also have been a personal orderer. It had consequences far beyond the field of social theory since it provided the conceptions which made possible a theoretical explanation of the structures of biological phenomena. And in the social field it provided the foundation for a systematic argument for individual liberty.

From F. A. Hayek, “Kinds of Order in Society”, New Individualist Review.

Understanding Liberty and Choice: Free Trade and Globalization

Featured speaker:
Russell Roberts, author of The Price of Everything: A Parable of Possibility and Prosperity and The Choice: A Fable of Free Trade and Protection.

Co-sponsored by Liberty Fund, Inc.

When: May 14-16, 2009

Where: Washington D.C., Hotel TBD

What: Working conference, including:

* Keynote address and extended Q and A with Russell Roberts.
* Required pre-conference readings (298 pages) and 2.5 hours of podcasts.
* Small group Socratic seminars.

Who: PTA members only, by application (limited to 30 participants)

* Deadline: Applications must be received by February 25, 2009.
* Selected attendees notified via email February 27, 2009.
* $200 deposit due with application. (Deposit refunded after the program or upon notification of non-acceptance to the program.)
* Participants responsible for their own travel.

2 nights single occupancy lodging and meals plus $500 travel stipend.
(Attendance at all sessions required to receive stipend.)

Selection from the applicant pool will reflect the FTE's desire to assemble a conference group with the following characteristics:

* commitment to excellence in teaching economic reasoning;
* diversity of teaching experience, background, current economics-related teaching assignment, and school type; and
* geographic/demographic diversity (regional, rural/urban, etc.).

Apply on-line Here

Questions: Ken Leonard, kleonard@fte.org
206-910-9374



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260 Russell Blvd. Suite B · Davis, CA 95616 · Phone: 530-757-4630 · Fax: 530-757-4636 · information@fte.org

The World Economy

On June 1 I begin teaching The World Economy, a fully online 5 week summer session class. Our primary text will be The Travels of a T-Shirt in the Global Economy.

Scott Wolla Blog

My colleague Scott Wolla has an excellent blog.

Check it out at:

http://wollablog.blogspot.com/

Scott Wolla Blog

My colleague Scott Wolla has an excellent blog.

Check it out at:

http://wollablog.blogspot.com/