Challenges of Globalization ˇ 2017/18
 
Master in International Markets
   

 
 


Antonio Quesada
Office 314
Departament d'Economia
Universitat Rovira i Virgili

Avinguda de la Universitat 1
43204 Reus (Catalonia)

Office hours (September 2017 - January 2018)
Monday        08:00-9:00 & 11:00-13:00
Wednesday
  08:00-11:00

Office hours can be requested at aqa@urv.cat 

Classroom A2.3 ˇ 6 October 2017 - 26 January 2018
Friday 17.00-19:00  

 
Sessions 
October
6
20
27


November
3
10
17
24                                                  
December
1
15
22

January
12
19
26


Class ˇ Multiple-choice exam: 19 January 2018 ˇ Final exam (2n call): 9 February 2018 
 
 
"Extinction is the rule. Survival is the exception." Carl Sagan (1934-1996)
Hannah's grandma's saying: "Trust those who seek the truth, but doubt those who say that they have found it." (Dexter, Season 7, Episode 7 'Chemistry')


 
 


Lecture notes and links
   

 
1. General ideas  
Sketch (unfinished) 

  
  Do we know less than nothing? A shocking illusion (N Wade (2015) Art and illusionists, p.12
    What is reality? Another illusion (Albert or Marilyn?) and another one (N Wade (2015) Art and illusionists
    Dynamic Müller-Lyer illusion ˇ Dynamic M-L again 
    Slides to hallucinate

    History of mankind in one chart? (G Clark, Farewell to alms, p. 2)

    GDP per capita (Angus Maddison) ˇ Spain ˇ World ˇ US ˇ Continents ˇ Germany ˇ Latin America 1 2 
    GDP per capita ˇ SPA ˇ GER ˇ CZE ˇ IND ˇ CHI ˇ MEX ˇ ARG ˇ ROM ˇ COL ˇ TUR ˇ JOR 

    'Run to the light': The Earth at night | Nightearth.com 
    Is everything a bubble? The US property boom

    Population (S Wells (2010) Pandora's seed: The unforeseen cost of civilization)
    Population and progress (Julian Simon: 'The total quantity of humanity (and the nexus of human
          numbers with technology) has been the main driving force.')


   
  What does 'the world' look like? 

    CO2 concentration (R Hetherington, RG Reid (2010) Climate change and modern human evolution, p. 10)
    Peak oil curve (CAS Hall, KA Klitgaard (2012) Energy and the wealth of nations, p.37) 

    Open economy trilemmas (D Rodrik (2007) One economics, many recipes)

   
Average faces 1  2  3  4   |    Game 
    Face research  
  
    
Inequality (The elephant curve, http://prospect.org/article/worlds-inequality) 

     What will happen doing business as usual ( The limits to growth, 1972, Donella Meadows et al) 

     Planetary boundaries (http://science.sciencemag.org/content/347/6223/1259855)

     Epochs of resource-based development (Edward B. Barbier, 2011, How economies have developed through natural
          resource exploitation)


     Towns of the Roman Empire (NJG Pounds, An economic history of medieval Europe, p.5)

     Crisis theory (Michael Roberts, 2016, The long depression: Marxism and the global crisis of capitalism

     Stages in a bubble

     Divergence | Technological diffusion 1  2  | Trade 1  2  3  | Trust  | Wheat vs rice  |  CO2  |  Two views 


2. Lecture 2  


4. Lecture 4  
 
5. Lecture 5  

6. Lecture 6  

7. Lecture 7  

8. Lecture 8  

9. Lecture 9  

10. Lecture 10  

11. Lecture 11  

12. Lecture 12  

13. Lecture 13   Last 





  Multiple-choice questions  

  Multiple-choice exam   |  19 Jan 2018  Marks   

  Digit ratio 2D:4D
      (see John T. Manning (2002): Digit ratio: A pointer to fertility, behavior, and health)








HALL OF FAME

  Lara

  Nicolás



Links and readings

  Seven challenges to globalization  (World Economic Forum’s Global Agenda Council, 2015)

  'Arithmetic, population, and energy', a lecture by Albert Bartlett on growth insustainability

"The greatest shortcoming of the human race is our inability to understand the exponential function."
Albert A Bartlett


  Real-world economics review  (dare to take a look)

  Will a robot take your job BBC news   
  Will your job be done by a machine |  npr.org   
       [The site says that college professors have a 3.2% chance of being automated]

  An algorithm defeats professional poker players  |  THE INDEPENDENT.co.uk  2 Mar 2017

  This 2013 paper by CB Frey and MA Osborne suggests a list of occupations ranked
       according to their probability of computerization 

  The J curve: A new way to understand why nations rise and fall (I Bremmer, 2006; excerpt)

  World & wealth income database
  Indexmundi 
  Gapminder  
  Penn World Table 9.0   

  Women after all: Sex, evolution, and the end of male supremacy (Melvin Konner) article book
  Lights at night are linked to breast cancer (2008) 
  Using night light emissions for the prediction of local wealth (2016)

  Wikipedia's list of environmental issues

  Cogita tute (think for yourself)

Facts about global poverty  
'What causes hunger?'  

  Was wealth really determined in 8000 BCE, 1000 BCE, 0 CE, or Even 1500 CE? (WR Thompson, K Sakuwa 2013)

Longest-run globalization: Human expansion  |  Domestication  |  Societies 
      (Neil Roberts, 2014, Holocene: Environmental history)

  World inequality report 2018  |     World inequality lab     



Fun

Wiio's laws (humoristically formulated serious observations about human communication,
Osmo Antero Wiio)

• Communication usually fails, except by accident
• If communication can fail, it will
• If communication cannot fail, it still most usually fails
• If communication seems to succeed in the intended way, there's a misunderstanding
• If you are content with your message, communication certainly fails
• If a message can be interpreted in several ways, it will be interpreted in a manner that maximizes the damage
• There is always someone who knows better than you what you meant with your message
• The more we communicate, the faster misunderstandings propagate
• In mass communication, the important thing is not how things are but how they seem to be

Sturgeon's law: 90% of everything is trash
 


  Economics jokes  1  2  3  
  Correlations and more correlations
  The basic laws of human stupidity (Carlo Maria Cipolla)  | HISB

  The 100 most influential persons in history?

Happy planet index |  Calculate your personal score on the Happy Planet Index here   

Asians vs Westerners (R Nisbett 2003: How Asians and Westerners think differently and why, p. 141)

We are not the end (New Yorker) Bremmer's geopolitical scenarios  The Thucydides trap  
     
Cognitive biases  Kondratieff cycles  Grain vs people  Trade vs production  

World economic triad  Biggest cities  Washington consensus  Democracies  

Ideologies & globalization  Views on globalization  2025 tipping points  

Economic evolution  GDP per capita (1980, 2014)  



Last update: 2 February 2018 ˇ 16:18