Mr Minsky long argued markets were crisis prone His moment has arrived The Wall Street Journal In his seminal work Minsky presents his groundbreaking financial theory of investment one that is startlingly relevant today He explains why the American economy has experienced periods of debilitating inflation rising unemployment and marked …

Warum wir niemals nicht arbeiten und immer weniger davon leben können: Mitreissend beschreiben Mareile Pfannebecker und James A. Smith, wie sich Arbeit in den letzten Jahrzehnten transformiert hat.

An ideal type of a pluralistic book. Instead of arguing for one specific interpretation of a complex phenomenon, the authors present six different views on globalisation. Roberts and Lamp carefully balance the different perspectives, presenting the merits of each.

In seinem Buch, wirft Quinn Slobodian einen neuen Blick auf die Geschichte von Freihandel und neoliberaler Globalisierung. Im Mittelpunkt steht dabei eine Gruppe von Ökonomen um Friedrich von Hayek und Wilhelm Röpke. Getrieben von der Angst, nationale Massendemokratien könnten durch Zölle oder Kapitalverkehrskontrollen das reibungslose Funktionieren der Weltwirtschaft stören, bestand ihre Vision darin, den Markt auf der globalen Ebene zu verrechtlichen und so zu schützen.

An vielen Stellen scheinen die Dinge nicht so zu laufen wie sie laufen sollten die ökonomische Ungleichheit ist groß bloßes Wohnen wird immer teurer öffentliche Güter wie Krankenhäuser oder Universitäten geraten unter einen ökonomischen Erfolgsdruck der ihrer ursprünglichen Funktion nicht gut tut Der renommierte Philosoph Axel Honneth erkennt ein allgemeines …

Der Beitrag "Der neue "woke" Kapitalismus - Eine Mogelpackung" bietet Reflexion und Auseinandersetzung mit dem Phänomen, dass Konzerne die Werte sozialer Bewegungen übernehmen bzw. sich diese aneignen.

The Atlas of Economic Complexity is an award-winning data visualization tool that allows people to explore global trade flows across markets, track these dynamics over time and discover new growth opportunities for every country.

In diesem Interview geht es insbesondere um die Beschäftigung mit der Ungleichheit, der sich Thomas Piketty in seinen Büchern "Das Kapital im 21. Jahrhundert" sowie "Kapital und Ideologie" widmet.

The World Inequality Lab gathers social scientists committed to helping everyone understand the drivers of inequality worldwide through evidence based research The World Inequality Lab hosts the World Inequality Database the most extensive public database on global inequality dynamics Their main missions are The extension of the World Inequality Database …

In the first intellectual history of neoliberal globalism, Quinn Slobodian follows neoliberal thinkers from the Habsburg Empire’s fall to the creation of the World Trade Organization to show that neoliberalism emerged less to shrink government and abolish regulations than to deploy them globally to protect capitalism.

Capitalism is dissolving boundaries - not only in the sense of ever-expanding global trade flows, but also in the concrete everyday working lives of individuals. What implications does this have for our understanding of freedom, work and borders?

In this teaching pack, we look at the acquisition of Twitter by Elon Musk. In particular, we focus on what it means to take a company private and how the deal was financed.

Dieser Foliensatz behandelt die wissenschaftstheoretische Herausbildung der Nekoklassik, sowie die neoklassischen Standardmodelle.

Gegenüberstellung der wichtigsten ökonomischen Theorien

This lecture offers a general and introductory overview of the theory of racial capitalism, focusing on the origins of racial capitalism and some of the debates it has generated.

Improving Decisions About Health Wealth and Happiness Now available Nudge The Final Edition The original edition of the multimillion copy New York Times bestseller by the winner of the Nobel Prize in Economics Richard H Thaler and Cass R Sunstein a revelatory look at how we make decisions for fans …

Today it feels like everybody is talking about the problems and crises of our times: the climate and resource crisis, Greece's permanent socio-political crisis or the degrading exploitative practices of the textile industry.

Ein Foliensatz zum Wirken von Keynes und seine wichtigsten Werke

In this book, Kalyan Sanyal reviews the traditional notion of capitalism and propounds an original theory of capitalist development in the post-colonial context. In order to substantiate his theory, concepts such as primitive accumulation, governmentality and post-colonial capitalist formation are discussed in detail.

Colonial Global Economy is a module of the Connected Sociologies Curriculum Project and examines the ongoing significance of colonial relations in the structure of the global economy It consists of 7 introductory lectures which range between 17 and 39 minutes of length In addition further readings resources and questions for …

This course attempts to explain the role and the importance of the financial system in the global economy. Rather than separating off the financial world from the rest of the economy, financial equilibrium is studied as an extension of economic equilibrium. The course also gives a picture of the kind of thinking and analysis done by hedge funds.

Das Buch geht zunächst auf den Begriff der imperialen Lebensweise ein und erläutert deren historische Entwicklung. Daran anschließend fragen sich die Autor*innen, wie ihr begegnet werden kann und wie ein gutes Leben für alle erreicht werden kann, aber auch, welchen Herausforderungen dabei zu begegnen ist. In den einzelnen Kapiteln werden diese Fragen für die folgenden Lebensbereiche gestellt: Sorge, Digitalisierung, Geld und Finanzen, Bildung und Wissen, Ernährung und Landwirtschaft sowie Mobilität ab.

Green Growth has been increasingly discussed as a solution to the socio-ecological crisis. But can economic growth be sustainable at all?

wie wir anders arbeiten nachhaltig wirtschaften und besser leben Der frei verfügbare Sammelband Zeitwohlstand wie wir anders arbeiten nachhaltig wirtschaften und besser leben enthält Beiträge u a vom Friederike Habermann Figga Haug Hartmut Rosa und Nico Paech zum Umgang mit Zeit im Kontext von Entfremdung Beschleunigung Effizienz und Wohlstandsstreben Dabei …

In 18th century Europe figures such as Adam Smith, David Ricardo, Friedrich List and Jean Baptiste Colbert developed theories regarding international trade, which either embraced free trade seeing it as a positive sum game or recommended more cautious and strategic approaches to trade seeing it as a potential danger and a rivalry and often as a zero-sum game. What about today?

This historic timeline presents economic events, economic thinkers and schools of thought from the 18th century until the 2007/2008 financial and economic crisis with short texts on the respective event or perspective.

An essay of the writing workshop on contemporary issues in the field of Nigerian economics: In Nigeria, it appears that there is nothing in the constitution, which excludes the participation of women in politics. Yet, when it comes to actual practice, there is extensive discrimination. The under-representation of women in political participation gained root due to the patriarchal practice inherent in our society, much of which were obvious from pre-colonial era till date.

Die Modern Monetary Theory (kurz: MMT, dt: moderne Geldtheorie) ist eine geldtheoretische und makroökonomische Denkschule, bei der es hauptsächlich um die Analyse des Geld- und Kreditsystems und insbesondere um die Frage der Kreditschöpfung geht.

Caring activities are one central element of feminist economists' analysis – also since in particular unremunerated work is a blind spot in mainstream economics and most other economic paradigms. Those focus on the market sphere: activities are considered as productive and as real labour if they are remunerated and market-intermediated. Goods and services are considered as labour if they create a value which can be traded on the market. Feminist Economics remarks that this perspective creates certain dichotomies and consequent devaluations: unproductive – productive; private – public; unpaid – remunerated OR paid less – well paid; female – male; soft work – hard work; caring – rationality.

The total sum of squares and the total degrees of freedoms are disaggregated by calculating in sample variance and "between" sample variance and their respective degrees of freedoms. It is demonstrated numerically that both these measures add up to the total sum of squares and the total degrees of freedom.

This chapter discusses the role of gender in economic relations, processes, and outcomes. Gender differences in economic outcomes such as labor force participation and wages have received growing attention from economists in the last several decades – a positive and much needed development in economic thinking.

An essay of the writing workshop on Nigeria’s Readiness for and the Effect of the Fourth Industrial Revolution

An Introduction to the Political Theory of John Maynard Keynes. John Maynard Keynes was arguably the greatest economist of the 20th century. He discovered the idea that governments should stimulate demand during economic downturns.

The video presents different ways of how to measure the money supply and thereby explains the differences between M0, M1 and M2.

This article reviews insights of existing literature on global care chains. A specific focus is laid on the impact that the refugee crisis has on global care chains and in turn how the crisis impacts the de-skilling of the women in the migrant workforce.

If there’s one method economists have neglected the most, it’s qualitative research. Whereas economists favour mathematical models and statistics, qualitative research seeks to understand the world through intensive investigation of particular circumstances, which usually entails interviewing people directly about their experiences. While this may sound simple to quantitative types the style, purpose, context, and interpretation of an interview can vary widely. Because of this variety, I have written a longer post than usual on this topic rather than doing it a disservice. Having said that, examples of qualitative research in economics are sadly scant enough that it doesn’t warrant multiple posts. In this post I will introduce qualitative research in general with nods to several applications including the study of firm behaviour, race, Austrian economics, and health economics. More than usual I will utilise block quotes, which I feel is in the spirit of the topic.

Stratification economics is defined as a systemic and empirically grounded approach to addressing intergroup inequality. Stratification economics integrates economics, sociology and social psychology to distinctively analyze inequality across groups that are socially differentiated, be it by race, ethnicity, gender, caste, sexuality, religion or any other social differentiation.

Stiglitz answers the question why globalization and world trade has not delivered on its promise of increased well being as much as classical economists thought, by pointing to the power asymmetries: firstly, between industrialized nations and developing nations and secondly, between special corporate interest and social interests. In his analysis, developed countries and MNCs were able to extract the benefits, while shifting the costs (i.e. pollution) to states and communities with lesser power. Amongst many other historical examples the pharmaceutical and the mining industry are discussed to some length.

According to Karl Marx, work should satisfy people and encourage creativity. But the capitalist production, the separation of labour and the exploitation of workers alienates them from their products.

Das globale Wirtschaftssystem bringt durch die Übernutzung der globalen Ressourcen und die Verschmutzung der Umwelt lebenswichtige Funktionen des Erdsystems in Gefahr. Dieser Artikel diskutiert Vorschläge einer grünen Ökonomie zu Lösung dieser ökologischen Krise und erläutert verschiedene Aspekte einer Kritik daran.

First the global mean is calculated from a matrix of three sets each containing three observations. Then the sum of squares is calculated. Lastly, the concept of degree of freedom is explained.

Posteo is an innovative email provider that is concerned with sustainability and privacy and is completely ad-free. Our email accounts, calendars and address books can be synchronised - we use comprehensive encryption.

In the history of the social sciences, few individuals have exerted as much influence as has Jeremy Bentham. His attempt to become “the Newton of morals” has left a marked impression upon the methodology and form of analysis that social sciences like economics and political science have chosen as modus operandi.

Deforestation is estimated to be responsible for about 12-29% of global greenhouse gas emissions. This essay will explore ecological economics as an alternative lens through which to approach forest conservation and the acceleration of climate change.

What’s inflation? Why is it relevant? And is there an agreed theory about its roots and causes, or is it a contentious concept? That’s what this text is all about: We define what inflation actually means before we delve into the theoretical debate with an interdisciplinary and pluralist approach: What gives rise to it, what factors might influence it, and, consequently, what might be done about it?

Galbraith gives an overview of economic history from the 18th century until the end of the 19th century covering issues such as the industrial revolution the enclosure of the Scottish highlands the Irish famine and the colonization of North America Additionally the ideas of economists such as Smith Ricardo Malthus …

As opposed to the conventional over-simplified assumption of self-interested individuals, strong evidence points towards the presence of heterogeneous other-regarding preferences in agents. Incorporating social preferences – specifically, trust and reciprocity - and recognizing the non-constancy of these preferences across individuals can help models better represent the reality.

In this article, Perry Mehrling, a professor of economics at Barnard College, presents and discusses three theories of banking which are guiding bank regulation. These are credit creation theory, fractional reserve theory and debt intermediation theory.