This course examines the interaction between politics and markets, both in theory and in practice, explicitly linking classic works on political economy with current policy debates. We study how political systems and markets are organized in a wide range of different national settings, looking at both history and contemporary issues. Topics include: 1) early industrialization in Britain and the United States, 2) late industrialization in continental Europe and Japan, 3) the varieties of capitalism in contemporary industrialized countries, 4) the newly industrializing economics of Latin America and East Asia, 5) the problems of development, and 6) the transition from communism to a market economy in Eastern Europe and China.