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The concept of financialisation has undergone a similar career as ‘globalisation’, ‘neoliberalism’ or even ‘capitalism’, in the course of which it changed from the explanandum to the explanans; the process of financialisation is taken for granted, while the concrete historical and empirical causal conditions of its realisation and perpetuation are being moved into the background.
2023
Level: schwer
A holistic theory of financialisation
The present working paper is dedicated to fill a void in the degrowth literature related to the aspect of planning to achieve post-growth models of societies. The authors propose a new framework that focuses on non-market forms of planning and propose multi-level planning institutions to mediate the local level with society-wide and global institutions.
2023
Level: mittel
Planning beyond growth. The case for economic democracy within limits
Die Planwirtschaft hat in den letzten Jahren ein unerwartetes Revival gefeiert Die These Im Zeitalter von Big Data künstlicher Intelligenz und neuen Kommunikationstechnologien sei der Markt eine veraltete Technologie der Vergangenheit Angesichts des Scheiterns effizienter politischer und wirtschaftlicher Koordination in der Pandemie und der Klimakrise kommt diese Debatte gerade rechtzeitig …
2022
Level: mittel
Digitale Planwirtschaft? Eine Einführung
This course is part of the SDG initiative addressing the UN Sustainable Development Goals, specifically for the following SDGs [1, 8, 10 and 16].
Level: leicht
Political Economy of Institutions and Development
This text provides an easy to understand introduction to complexity economics for non-specialist audiences such as bachelor's students.
2023
Level: leicht
Think Complexity Economics is too Complicated? Then this is for you.
In this overview paper, Laura Porak reviews the history of industrial policy in the European Union before the background of a Cultural Political Economy approach.
2023
Level: leicht
History of Industrial Policy in the EU
This article outlines the fundamental challenges of democratically planned economies and categorises proposed models into six groups, each of which approaches planning and coordination at different levels of authority and between myriad economic units in a particular way, taking into account efficiency as well as democratic principles and environmental and social sustainability. Through a classification system based on decision-making authority and mediation mechanisms, the article provides a framework for understanding and comparing these models. By examining their different approaches, it offers insights into the complexities and potential paths of democratically planned economies in the 21st century.
2024
Level: leicht
Rethinking Democratic Economic Planning: An Overview
Die Inflation ist als ökonomisches Phänomen für VWL-Studierende ähnlich schwer zu fassen wie für die breite Öffentlichkeit und die Politik. Dieser Artikel entwickelt einen Analyserahmen, der helfen soll, über Inflation sowohl als ein wirtschaftliches als auch als ein politisches Phänomen nachzudenken.
2024
Level: leicht
Nach der Inflation: Viele Verlierer:innen und wenige Gewinner:innen
This statistics and data analysis course will introduce you to the essential notions of probability and statistics We will cover techniques in modern data analysis estimation regression and econometrics prediction experimental design randomized control trials and A B testing machine learning and data visualization We will illustrate these concepts with …
Level: mittel
Data Analysis for Social Scientists
This course will focus on the emergence and evolution of industrial societies around the world We will begin by comparing the legacies of industry in ancient and early modern Europe and Asia and examining the agricultural and commercial advances that laid the groundwork for the Industrial Revolution of the 18th …
Level: leicht
Global Perspectives on Industrialization
This course provides a simple introduction to problems that social scientists are working on (e.g. racial disparities, inequality and climate change) in a manner that does not require any prior background in Economics or Statistics.
Level: leicht
Using Big Data to Solve Economic and Social Problems
Want to learn more about behavioural economics and its application to public policy? Take this free course from the Behavioural Economics Team of the Australian Government.
Level: leicht
Behavioural insights for public policy
Fabian Georgi analyses how migration and borders are connected to capitalism.
2024
Level: mittel
Recruiting skilled labour, while closing borders? The connection between migration, border regimes and capitalism
Usually, Critical Theory and Economics are, for better or worse, no longer seen to be in a continuum. This article by Lukas Meisner serves as an introduction to Critical Theory for all (heterodox) economists, who want to understand and explain what they can, otherwise, just state and describe.
2024
Level: leicht
Critical Theory for Heterodox Economists: Questioning the Premises of Supply and Demand
In his 2010 published book “The Enigma of Capital and the Crises of Capitalism” multi-talented US geographer, anthropologist and Marxist economist David Harvey aims to analyse the capitalist system that has shaped western society and the globalized world of today.
2011
Level: mittel
The Enigma of Capital
This book is about history of monetary economic thought. From the 18th century with Hume and Smith to the early 20th, the author explains the different schools of thought regarding the monetary theories and policies and specially the central banking theory.
2012
Level: mittel
Monetary Theory and Policy from Hume and Smith to Wicksell
Modern Monetary Theory (MMT) is a school of monetary and macroeconomic thought that focuses on the analysis of the monetary and credit system, and in particular on the question of credit creation by the state.
2020
Level: leicht
Modern Monetary Theory
The general idea of a Job Guarantee (JG) is that the government offers employment to everybody ready, willing and able to work for a living wage in the last instance as an Employer of Last Resort. The concept tackles societal needs that are not satisfied by market forces and the systemic characteristic of unemployment in capitalist societies. Being a central part of the Modern Monetary Theory (MMT), attention for the JG concept rose in recent years.
2020
Level: leicht
The Job Guarantee
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.
2021
Level: leicht
Stratification Economics
Die marxistische Ökonomie stellt eine Wirtschaftstheorie dar, die im Wesentlichen auf Karl Marx Hauptwerk „Das Kapital“ beruht. Aufbauend auf den Ansätzen der klassischen Nationalökonomie werden hierbei die kapitalistischen Produktionsweisen sowie der Grundwiderspruch zwischen Kapital und Arbeit analysiert und kritisiert (vgl. Kirchgässner 1988, S. 128). Ausgehend von der marxistischen Kapitalismuskritik werden insbesondere das Wesen der kapitalistischen Ausbeutung und der Klassenkonflikt zwischen Bourgeoisie und Proletariat behandelt (vgl. Utz 1982, S. 22-23).
2022
Level: leicht
Marxistische Ökonomie
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.
2018
Level: mittel
Rethinking Regulation of International Finance
Mainstream economics was founded on many strong assumptions. Institutions and politics were treated as irrelevant, government as exogenous, social norms as epiphenomena. As an initial gambit this was fine. But as the horizons of economic inquiry have broadened, these assumptions have becomehindrances rather than aids.
2003
Level: mittel
Prelude to Political Economy
This introductory text explores the political economy of water by defining the subject and examining its key issues.
2025
Level: leicht
The political economy of water
This book introduces 40 critical pointers for those who wish to see the theory in a broader, more realistic context. The material is suitable for introductory and intermediate courses and can be included selectively by students for additional reading or in lectures or tutorials as discussion points. "Students of mainstream economics need a guide like this to help them understand the underlying assumptions, limitations and inbuilt biases of what they are studying. It helps them open their eyes to a broader view of how real economies work."
2016
Level: mittel
40 Critical Pointers for Students of Economics
The Austrian School of Economics is an intellectual tradition in economics and political economy dating back to Carl Menger in the late-19th century. Menger stressed the subjective nature of value in the individual decision calculus. Individual choices are indeed made on the margin, but the evaluations of rank ordering of ends sought in the act of choice are subjective to individual chooser.
2015
Level: mittel
The Oxford Handbook of Austrian Economics
This is a hands on four chapter course to learn how to better understand and act when faced with complex situations By the end of the course students will be able to take a story from the news describe what makes the situation complex and identify opportunities for effective action …
Level: leicht
Thinking Complexity
Part I: Basic Economic Problems Is Economics a Science? Is It Useful? (Lawrence Boland, Ian Parker) Is There Such a Thing as a Free Market? (William Watson, Robert Prasch) Part II: Consumers and Firms Is Homo Economicus an Appropriate Representation of Real-World Consumers? (Joseph Persky, Morris Altman) Is the Consumer Sovereign?
2010
Level: mittel
Introducing Microeconomic Analysis
Potts (economics, University of Queensland) proposes evolutionary microeconomics as a synthesis of the collective schools of heterodox economic thought with complex systems theory and graph theory.
2000
Level: mittel
The New Evolutionary Microeconomics
"First published more than a decade ago, Globalizing Capital has remained an indispensable part of economic literature. This classic book emphasizes the importance of the international monetary system for understanding the international economy. The second edition, published in October 2008, has consistently appeared on syllabuses since its release
2019
Level: mittel
Globalizing Capital
Maria Kader provides an overview of the ECB's crisis policies in recent years. She outlines the measures taken, their effects, and their shortcomings.
2024
Level: leicht
The European Central Bank in a State of Crisis: Policies, Effects and Downsides
An article in the New York Times from early 2025 suggests that the political influence of mainstream economics is declining. While economists have been highly influential in supporting and shaping free-market policies in recent decades, their expertise has become less relevant during intensified economic crises that necessitate state interventions.
2025
Level: leicht
The Strange Non-Death of Mainstream Economics
Why has heterodox economics not been more successful in making inroads into the mainstream? And why has “pluralist economics,” the most prominent alternative paradigm to mainstream economics, not been more successful in changing the curriculum?
Level: mittel
The Project of Pluralism

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