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STS.002 Finance and Society
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Prereq: None
Units: 3-0-9![]()
Examines finance as a social technology intended to improve economic opportunity by moving capital to where it is most needed. Surveys the history of modern finance, from medieval Italy to the Great Depression, while addressing credit, finance and state (and imperial) power, global financial interconnection, and financial crises. Explores modern finance (since about 1950) from a variety of historical and social-scientific perspectives, covering quant finance, financialization, the crisis of 2007-2008, and finance in the digital age. Enrollment limited.
W. Deringer