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In parallel to rising inflation numbers, the concept of profit inflation has clearly risen to prominence in recent years. But what is it exactly? This dossier aims not only to collect the most important publications on profit inflation but also intends to map out the development of the discourse and the different positions within the debate.
Profit Inflation: Mapping the debate
Am 06. November 2024 zerbrach die deutsche Bundesregierung an der Schuldenbremse und der Frage nach Zukunftsinvestitionen. Hinter der wirtschaftspolitischen Auseinandersetzung steckt eine tiefe Krise des exportabhängigen deutschen Wachstumsmodells, analysiert der Politökonom Max Hauser.
Am Wendepunkt? Die Krise des deutschen Exportmodells und die “Wirtschaftswende”
The article examines how, in the context of multiple contemporary crises—financial, ecological, and social—interest in alternative economic models such as democratic economic planning has resurged. It outlines historical debates on the feasibility of planning versus markets, discusses contemporary approaches to democratic, digitally supported, and ecologically oriented planning, and identifies research gaps, including social reproduction and Global South perspectives.
Rethinking Economic Planning
Der Fokus der Marxistischen Politischen Ökonomik liegt auf der Ausbeutung von Arbeit durch Kapital. Die Ökonomie wird nicht als neutrale Austausch- und Kooperationsplattform gesehen, sondern als historische und politische Ausprägung, die von asymmetrischen Machtverhältnissen, Ideologie und sozialen Konflikten geprägt ist.
Marxistische Politische Ökonomik
More than a century after Hartley Withers's "The Meaning of Money" and 80 years after Keynes's "Treatise on Money", the fundamentals of how banks create money still needs explaining and this book meets that need with clear exposition and expert marshalling of the relevant facts.
Where Does Money Come From?
Der große Zwiespalt zwischen Effizienz und Gerechtigkeit Realität oder Ideologie Till van Treeck 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 …
Der „große Zwiespalt“ zwischen Effizienz und Gerechtigkeit: Realität oder Ideologie?
This essay suggests to bring together two aspects of economic thought which so far have developed largely separately: degrowth and feminist economics. In this strive, the concept of care work and its role in feminist economics will be introduced and the downsides of the commodification of care work will be discussed. Subsequently, contributions to the discussion on the (re)valuation of care work will be taken into account.
Who cares? A convergence of feminist economics and degrowth
In both economics textbooks and public perceptions central banks are a fact of life. On the wall of my A-level economics classroom there was the Will Rogers quote “there have been three great inventions since the beginning of time: fire, the wheel, and central banking”, summarising how many economists view the institution. There is a widespread belief that there is something different about money which calls for a central authority to manage its operation, a view shared even by staunch free marketeers such as Milton Friedman. This belief is not without justification, since money underpins every transaction in a way that apples do not, but we should always be careful not to take existing institutions for granted and central banking is no exception. In this post I will look at the idea of private or free banking, where banks compete (and cooperate) to issue their own currency.
Whither Central Banks?
This video provides a brief introduction to post-keynesian economics and how the school of thought would tackle climate change.
Clips on Climate: Postkeynesian Economics
Participants should be able to distinguish the strictly non-cooperative (methodological individualist) foundations of traditional neoclassical economics as being couched in self-interested individuals, as well as having basic knowledge of an alternative set of theories based on the primacy cooperation and social norms and extending the breadth of economic analysis beyond exchange.
Cooperative Economics
This text provides an easy to understand introduction to complexity economics for non-specialist audiences such as bachelor's students.
Think Complexity Economics is too Complicated? Then this is for you.
The chapter by the Centre for Economy Studies introduces interdisciplinary economic subdisciplines and their importance for economics education.
Interdisciplinary Economics
"Change the system, not the climate" is a common demand in the climate movement. But what kind of system do we want?
Outgrow the System
Complexity economics focuses on interactions and interdependencies between individuals and structures in economic systems. Those are systems of organised complexity. High importance is given to the analysis of networks.
Complexity Economics
This course is an introduction to the economic theories of financial crises It focuses on amplification mechanisms that exacerbate crises such as leverage fire sales bank runs interconnections and complexity It also analyzes the different perspectives on the origins of crises such as mistaken beliefs and moral hazard and discusses …
Financial Crises
Professor Jennifer Clapp explains the dynamics of financialization of land and agricultural commodities in Subsaharan Africa. She points to the historical roots of accelerated land speculation and their connection to financial institutions, both generating and reinforcing the process of financialization of African land. Besides talking about roots and dynamics of speculation with land on financial markets, she puts the perspective of scholarly investigation onto the investor's side in discussing guidelines of responsible investment and regulation in the front instead of focussing on the receiving countries.
Land and Financialization: Role of International Financial Actors in Land Deals in Africa
Planet Money and The Indicator aim to explain current economic events in an easy, fun and accessible manner.
Planet Money
As part of the 2019/2020 Exploring Economics Experience, one of our supporters Prof. Steve Keen gave a presentation to our editorial team. Read more
The foundations of monetary macroeconomics - Steve Keen | Exploring Economics Global Lecture
Overview page for the collection of nobel laureateas on Exploring Economics
Nobel memorial prize in economic sciences - A critical overview
In this podcast, Professor Darrick Hamilton critically discusses how current neoliberal economic models uphold a systemically racially unjust structure of economies.
EQUALS: Racism, Rebellions and the Economy
Richard Werner touches on a number of topics in this Odd Lots Podcast episode. As one of the pioneers when it comes to money and credit creation, he gives interesting insights into his early research on this topic. He then explains what he calls the “Quantity Theory of Credit” and is an alternative to the "Quantity Theory of Money".
Japanification, Quantitative Easing, money creation and Re-Igniting the U.S. Economy
Exploring Economics, an open-source e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
Reclaiming the university: Transforming economics as a discipline
Could the Brazilian measures of income support carried out during 2020 be considered one way towards UBI? This questions is broadly addressed in the video.
Brazil and Basic Income & Covid
A detailed introduction into dependency theory that rethinks its relevance to modern development challenges.
Dependency Theory and Uneven Development
Exploring Economics, an open-access e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
Marx's approach to economics: a claim for subjective praxis
Fighting Neoliberalism with Keynes & Minsky? Riccardo Bellofiore proposes to revise the insights of Minsky's financial instability hypothesis, combining it with the Keynesian theory of the monetary circuit to answer many questions in modern economy.
Fighting Neoliberalism with Keynes & Minsky?
Das Seminar wirft einen historischen Blick auf Fragen ökonomischer Entwicklung und ökonomischer Theorie und verbindet eine Einführung in die Wirtschaftsgeschichte mit einer vergleichenden Diskussion unterschiedlicher ökonomischer Denkrichtungen und Theorien.
Wirtschaftsgeschichte und ökonomische Theorie: Ökonomische Paradigmen im Vergleich
This part is devoted to simulation experiments based on the simulation model developed in part I from the value theoretic reconstruction of the main parts of Marx s critique of Political Economy After introducing the main parameters and the range of their variation Section 1 a singular run as well …
A value-theoretic approach to economic dynamics and evolution—synthesizing different Marxian modules in a simulation model Part II
This lecture was held in the context of the a two day conference called Which pluralism for thinking about how to achieve a more sustainable and resilient economy The practices institutions and system logics of today s economy are not suitable for appropriately addressing fundamental human needs The climate crisis …
A Methodology of Pluralist Economics
This lecture was held in the context of the a two day conference called Which pluralism for thinking about how to achieve a more sustainable and resilient economy The practices institutions and system logics of today s economy are not suitable for appropriately addressing fundamental human needs The climate crisis …
Exploring Ergodicity Economics
This lecture was held in the context of the a two day conference called Which pluralism for thinking about how to achieve a more sustainable and resilient economy The practices institutions and system logics of today s economy are not suitable for appropriately addressing fundamental human needs The climate crisis …
The socio-economic world is non-ergodic
This lecture was held in the context of the a two day conference called Which pluralism for thinking about how to achieve a more sustainable and resilient economy The practices institutions and system logics of today s economy are not suitable for appropriately addressing fundamental human needs The climate crisis …
Beyond indifference - An economics for the future
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