Money make the world go ’round”. Geld, Schulden und die Eurokrise

Das Dezernat Zukunft hatte in diesem Webinar Stefan Eich als Gesprächsgast eingeladen, um über dessen druckfrisch-erschienenes Buch: “The Currency of Politics: The Political Theory of Money from Aristotle to Keynes” (Princeton University Press, 2022), damit sowohl über die historische Rolle von Geldsystemen als politische Institutionen, als auch über die zukünftigen …

Banking 101 is a series of 6 short videos that ask the following questions: How do banks work and how is money created? Is reveals common misunderstandings of money creation and the role of banks. Furthermore, the videos show how models taught in many introductory classes to economics (Econ 101) do not reflect those processes: Part 1) “Misconceptions around Banking” questions common comprehensions of how banks work (savings = investments). Part 2) “What's wrong with the money multiplier” states that the model of the money multiplies is inaccurate. Part 3) “How is money really made by banks” explains the process of money creation, loans and inter-bank settlement. Part 4) “How much money banks create?” asks what limits the money creation by banks and presents the difference between reserve ratio, liquidity ration, equity and refers to the inter-bank market. Part 5) Explores the question if banks create money or just credit and especially refers to credit risks. Part 6) Explains how money gets destroyed when loans are paid back. Note: The videos refer to the UK monetary and banking system, some explanations don't apply to other banking systems, e.g. the reserve ratio.

Kareem Megahed, Omar Ghannam and Heba Khalil, from Post-Colonialisms Today, provide insights on the early post-independence industrialization project in Egypt, in which the state played a central coordinating role.

The main goal of this website is to provide freely accessible resources on heterodox economics and examples of how it can be applied in Uganda’s context—and by extension, sub-Saharan Africa and the global South in general.