Creating and Regulating Markets

Readings:

Susanna Fellman, Lecture 1 (Introduction to course)

* Fligstein, N. & Calder, R. (2015) “Architecture of markets” in Emerging trends in the social and behavioral sciences (eds. Scott & Kosslyn). John Wiley & Sons. (uploaded on course page)

Mark Casson & John S. Lee (2011), The Origin and Development of Markets: A Business History Perspective. Business History Review 85 (Spring 2011): 9–37. (available via university library).

Susanna Fellman, Lecture 2

Dolfsma Wilfred (2011) “Government Failure ‐ Four Types”, Journal of Economic Issues, 45:3, 593‐ 604, (available via university library)

* Stiglitz, J. (2010), Government failure vs market failure: Principles of regulation, in Governments and Markets Toward a new Theory of Regulation, edited by E. Balleisen & D. Moss. (Uploaded on course page).

Bart van Holstein, Lecture 3

Ann Carlos & Stephen Nicholas (1988), ‘’Giants of an Earlier Capitalism’’: the Chartered Trading Companies as Modern Multinationals. The Business History Review Vol. 62, No. 3 (Autumn), pp. 398-419 (available via university library)

Jeremy Land, Lecture 4

Jeremy Land, “’Salutary Neglect’ and the Origins of Independence,” in Land, *Colonial Ports, Global Trade, and the Roots of the American Revolution (1700-1776) *(Brill, 2024), pp. 151-180. (Digitally available via university library)

Jeremy Land, Lecture 5

Henric Häggqvist, “Foreign trade as fiscal policy: tariff setting and customs revenue in Sweden, 1830–1913, Scandinavian Economic History Review, 66:3, 298-316. (Available via the university library)

Michael E. Johnson and Paul Dorosh, “Tariffs, Smuggling and Economic Welfare: A Spatial Analysis of Nigerian Rice Policy Options,” Journal of African Economies, 2017, Vol. 26, number 4, 516–538. (Available via the university Library)

Susanna Fellman, Lecture 6

* Olsen, P.I. (2005) 'The re‐formatting of electricity, and the making of a market', in Actor‐Network Theory and Organizing (eds. Czarniawska & Hernes). Liber. (uploaded n course page.)

* Johnson, H.T. & Kaplan R.S. (1987) Relevance lost. The rise and fall of management accounting. Harvard University Press. [Required reading chapter 2] (uploaded on course page).

Oskar Broberg, Lecture 7 (Recorded lecture)

* Cronon, W. (1991) ‘Pricing the future. Grain’ in Nature’s Metropolis. Chicago and the Great West. W. W. Norton & Company. (Chapter 3). (uploaded on course page)

Susanna Fellman, Lecture 8

Carpenter, D. & Moss D. (2014), ‘Introduction’, In Preventing Regulatory Capture – Special Interest Influence and How to Limit It. (eds. Carpenter & Moss. Cambridge University Press. Downloadable from http://tobinproject.org/books‐papers/preventing‐capture (Links to an external site.)

Carrigan C. & Coglianese, C. (2015), “George Stigler, ‘The Theory of Economic Regulation’”. In The Oxford Handbook of Classics in Public Policy and Administration, (eds. Lodge, Page & Balla (e‐book available via the university library).

Sabo, J. & Andersson-Skog, L. (2017), Dynamite Regulations. The Explosives Industry, Regulatory Capture and the Swedish Government 1858-1948. International advances in economic research, Vol.23 (2), p.191-201 (available via university library)

Stigler, George (1971), The Theory of Economic Regulation, The Bell Journal of Economics and Management Science, vol 2, No 1. pp. 3‐21. (available via university library)

Susanna Fellman, Lecture 9

Harding C. & Joshua J. (2010), Regulating Cartels in Europe (2nd ed). Oxford University Press, Required reading: Introduction, Chapter 1 and 2 (e‐book available via the university library).

* Levenstein M. & Suslow V. (2008) INTERNATIONAL CARTELS. Chapter 47, in ISSUES IN COMPETITION LAW AND POLICY 1107 (available as pdf on course page)

* Shanahan M. & Fellman S. (2016), Cartel registers around the world. Book chapter in Regulating Competition, edited by Fellman & Shanahan. Available as pdf on course page

* Available via Canvas