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Money is the fantasy that makes the world go round. Where did it come from and what is its future? From the Bank of England to Bitcoin and the Bristol Pound, LSE sociologist Nigel Dodd explores.
The future of money
This brilliantly concise book is a classic introduction to Marx’s key work, Capital. In print now for over a quarter of a century, and previously translated into many languages, the new edition has been fully revised and updated, making it an ideal modern introduction to one of the most important texts in political economy.
'Marx's Capital'
Modern Monetary Theory and Practice: An Introductory Text is an introductory textbook for university-level macroeconomics students. It is based on the principles of Modern Monetary Theory (MMT).
Modern Monetary Theory and Practice: an Introductory Text
The economics of worker cooperatives is a branch of economic inquiry with a long and esteemed pedigree, dating at least from the work of John Stuart Mill in the mid-nineteenth century.
The Economics of Worker Cooperatives
In this classic work of economic history and social theory, Karl Polanyi analyzes the economic and social changes brought about by the "great transformation" of the Industrial Revolution.
The Great Transformation
This book analyzes the transition of chocolate from an exotic curiosity to an Atlantic commodity. It shows how local, inter-regional, and Atlantic markets interacted with one another and with imperial political economies. It explains how these interactions, intertwined with the resilience of local artisanal production, promoted the partial democratization of chocolate consumption as well as economic growth.
Empire, Political Economy, and the Diffusion of Chocolate in the Atlantic World
Leigh Phillips and Michal Rozworski examine the apparent contradiction between the demise of real-existing socialism and the rise of large corporations engaging in planning every day, making a strong argument that these planning efforts should be transformed to now fulfil the needs of the people.
The People's Republic of Walmart
hether it's working for free in exchange for 'experience', enduring poor treatment in the name of being 'part of the family', or clocking serious overtime for a good cause, more and more of us are pushed to make sacrifices for the privilege of being able to do work we enjoy. Work Won't Love You Back examines how we all bought into this 'labour of love' myth: the idea that certain work is not really work, and should be done for the sake of passion rather than pay.
Work Won't Love You Back
After long-time negligence, the Global South and the North-South divide are back on the agenda of development economics again. This book is a neat, accessible introduction into the topic, covering both the current situation and potential remedies from different points of view.
Readings in the Theory of Economic Development
Karl William Kapp (1910-1976) was one of the forefathers of Ecological Economics. Influenced namely by the Frankfurt School, Institutionalist Economics and Pragmatist Philosophy, he contributed to debates on the social costs of production, economic planning, sustainable development and epistemology. I
The Social Costs of Business Enterprise
A Theory From bestselling writer David Graeber a master of opening up thought and stimulating debate Slate a powerful argument against the rise of meaningless unfulfilling jobs and their consequences Does your job make a meaningful contribution to the world In the spring of 2013 David Graeber asked this question …
Bullshit Jobs
To grasp sex in all its complexity, including its relationship to gender, class, race and power, Srinivasan argues that we need to move beyond the simplistic views of consent in the form of yes-no, to rather consider the more complex question of wanted-unwanted.
The Right to Sex
The world's leading economist of inequality presents a short but sweeping and surprisingly optimistic history of human progress toward equality despite crises, disasters, and backsliding.
A Brief History of Equality
A History of Capitalist Transformation: A Critique of Liberal-Capitalist Reforms highlights how, since the recent financial crises, the expression 'liberal reform' has entered common parlance as an evocative image of austerity and economic malaise, especially for the working classes and a segment of the middle class.
A History of Capitalist Transformation
Identity politics is everywhere, polarising discourse from the campaign trail to the classroom and amplifying antagonisms in the media. But the compulsively referenced phrase bears little resemblance to the concept as first introduced by the radical Black feminist Combahee River Collective.
Elite Capture
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.
Reproductive Labour and Care
Fragen über den Zweck, die Struktur und den Inhalt des wirtschaftswissenschaftlichen Curriculums sie sind so alt wie die Disziplin selbst. Ein prominentes deutsches Beispiel ist der vor mehr als 100 Jahren ausgefochtene Werturteilsfreiheitsstreit. Das öffentliche kritische Interesse an den Wirtschaftswissenschaften korreliert mit den Krisen des Systems. Aus dieser Warte gesehen ist es nicht verwunderlich, dass sich nach der großen Finanzkrise in den Nuller Jahren dieses Jahrhunderts vermehrt kritische Stimmen zu Wort melden.
Eine kritische Lehrbuchanalyse
Exploring Economics, an open-source e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
Yes, Money is Endogenous. Who Cares?
One method of economic modelling that has become increasingly popular in academia, government and the private sector is Agent Based Models, or ABM. These simulate the actions and interactions of thousands or even millions of people to try to understand the economy – for this reason ABM was once described to me as being “like Sim City without the graphics”. One advantage of ABM is that it is flexible, since you can choose how many agents there are (an agent just means some kind of 'economic decision maker' like a firm, consumer, worker or government); how they behave (do they use complicated or simple rules to make decisions?); as well as the environment they act in, then just run the simulation and see what happens as they interact over time.
Agents, agents everywhere
A historical glimpse of how economists of the 19th century debated the usefulness of mathematics to economics
Mathematical Economics in the 19th Century
The objective of the course is to explore the main strengths and weaknesses of orthodox and heterodox paradigms within development economics.
Issues in Development Economics
This section includes selected content from Post-Colonialisms Today - a research and advocacy project recovering insights from the immediate post-independence period in Africa, and mobilizing them through a feminist lens to address contemporary challenges. You will find additional content at postcolonialisms.regionsrefocus.org.
Contributions from Post-Colonialisms Today
From the Dissolution of the Soviet Union to the Conflict in Ukraine The breakup of the Soviet Union led to the creation of new states and territorial conflicts of different levels of intensity Scrutinising the post Soviet period this volume offers explanations for both the frequency and the intensity of …
Crises in the Post-Soviet Space
Recording of the Workshop “The collateral supply effect on central banking”, 04.02.2021, part of the "Next Generation Central Banking - Climate Change, Inequality, Financial Instability" conference by the Heinrich-Böll-Stiftung
NextGen Central Banking: The collateral supply effect on central banking
In this article, Hannah Ritchie presents the data we need to understand the scale of their contribution, and which countries are most reliant on Ukraine for their food supplies.
How could the war in Ukraine impact global food supplies?
Rethinking Regulation of International Finance encapsulates the most important aspects of the development and operation of the international financial system. This book questions the fundamental basis of the existing international financial architecture (soft law) and explores the need for a compliance-based model based on legitimacy of regulations and accountability of the regulatory bodies in international financial stability.
Rethinking Regulation of International Finance
The Learning Economy and the Economics of Hope' brings together the most important contributions by an expert on policies, management and economics of innovation and knowledge. It offers original insights in processes of innovation and learning and it draws implications for economic theory and public policy. It introduces the reader to important concepts such as innovation systems and the learning economy.
The Learning Economy and the Economics of Hope
Finance at the Threshold offers a unique perspective from an English economic and monetary historian. In it the author asks: Why did the banks stop lending to one another, and why now? Was it merely a matter of over-loose credit due to the relaxation of traditional prudence, or did global finance find itself at its limits?
Finance at the Threshold
Michael Kalecki famously remarked “I have found out what economics is; it is the science of confusing stocks with flows”. Stock-Flow Consistent (SFC) models were developed precisely to address this kind of confusion. The basic intuition of SFC models is that the economy is built up as a set of intersecting balance sheets, where transactions between entities are called flows and the value of the assets/liabilities they hold are called stocks. Wages are a flow; bank deposits are a stock, and confusing the two directly is a category error. In this edition of the pluralist showcase I will first describe the logic of SFC models – which is worth exploring in depth – before discussing empirical calibration and applications of the models. Warning that there is a little more maths in this post than usual (i.e. some), but you should be able to skip those parts and still easily get the picture.
Stock Flow Consistent Macroeconomics
Diese Lehrveranstaltung ist eine Einführung in die Medienökonomik, in deren Zentrum das komplexe Verhältnis von Ökonomie und Massenmedien steht, welches besonders in Zeiten eines rasanten Medienwandels noch einmal von größerer Bedeutung ist.
Medienökonomik I
Volkswirtschaftslehre als Indoktrination und die Nicht Auswirkungen der Finanzkrise Helge Peukert Quelle van Treeck Till and Janina Urban Wirtschaft neu denken Blinde Flecken in der Lehrbuchökonomie iRights Media 2016 Das Buch kann hier bestellt werden http irights media de publikationen wirtschaft neu denken Rezensierte Bücher Mankiw N G Taylor M …
Volkswirtschaftslehre als Indoktrination und die (Nicht-)Auswirkungen der Finanzkrise
Es ist immer noch zweifelhaft, ob Ökonom*innen mit ihrem Instrumentarium die nächste Wirtschaftskrise vorhersagen können.
Als erster Grund ist dafür der nicht-systemische Status von Krisen in Mainstream-Theorien zu nennen. Zweifelsohne entwickeln empirisch arbeitende Makroökonomen Warn-Indikatoren für Finanzkrisen (Schularick und Taylor 2012), es gibt auch makroökonomsiche Modelle, die Krisendynamiken aufgreifen (Kumhof et al. 2015) und Debatten im Mainstream der VWL über den richtigen Umgang mit der Mathematik (Romer ABC).
Stickeraktion: Wann kommt die nächste Krise, Herr Professor*?
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