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Photo of Gordon Lloyd
Gordon Lloyd is the John M. Olin Professor of Public Policy at Pepperdine University. He did graduate work at the University of Chicago where he studied with two Nobel laureates in economics, Milton Friedman and George Stigler, as well as noted political theorist Leo Strauss. His career has been focused on bringing together the disciplines of politics and economics in order to illuminate public policy.
In addition to a distinguished professional career, he has achieved fame as a gifted teacher of summer seminars for high school teachers under the aegis of Liberty Fund as well as the Commission on the Bicentennial of the United States Constitution. He is an accomplished speaker and an extremely engaging personality.

The Intellectual Foundations of the Political Economy
Gordon Lloyd

Wednesday-Sunday October 24-28, 2001
Chapman Lecture Hall
University of Tulsa
In the twentieth century, the disciplines of political science and economics have become more and more separated and each has developed its own language and methodology. One consequence of this separation has been the tendency to neglect the important theoretical and practical interconnections between the two disciplines as well as to overlook the teachings of experience that perhaps a vital relationships exists between a certain kind of political regime and a specific kind of economic order. The purpose of this seminar is to provide the current generation of college students with an opportunity to revisit the eighteenth and nineteenth century connections between politics and economics – as exemplified in the writings of John Locke, Adam Smith, James Madison, John Stuart Mill, and Karl Marx – and to explore the work of four twentieth century political economists – F.A. Hayek, John Kenneth Galbraith, Milton Friedman, and Michael Harrington – on the proper role of the government in the operation of the economy. In particular, we want to reflect on the following questions: are a democratic political regime and a liberal economic order interdependent and how have the intellectual foundations of a political economy shifted over the centuries and with what consequences? This opportunity to explore the intellectual origins and development of political economy is rarely available to college students.
The Class Reading List: (These books and articles supplied by OSLEP)

Readings in Political Economy, Gordon Lloyd, Manuscript, 2001.

An Inquiry into the Nature and Causes of Wealth, 2 volumes, Adam Smith, Liberty Fund, Inc. 1981.

Political Economy and the New Deal, Lloyd and Udrys, Manuscript, 2001.

The Road to Serfdom, F.A. Hayek, The University of Chicago Press, 1994.

The Affluent Society, John Kenneth Galbraith, Houghton Mifflin, Co. 1998

Capitalism and Freedom, Milton Friedman, The University of Chicago Press, 1982.

The Other America, Michael Harrington, Touchtone, Simon & Schuster, 1997.