1903 Ergebnisse
„Textbook Economics" ist mittlerweile zu einer eigenen Problemkategorie avanciert. Gemeint sind damit die Lehren, die aus dem neoklassischen Standardmodell für die grundständige Bildung, Politikberatung und Öffentlichkeitskommunikation abgeleitet werden.
Textbook Economics – Hintergründe, aktuelle Analysen und Alternativen
This report presents the results of the “Financial Mechanisms for Innovative Social and Solidarity Economy Ecosystems” project, designed to foster a better understanding of the different ways in which financial resources can be made available and accessed to support the growth of social and solidarity economy (SSE) organizations and their ecosystems. The project is supported by the Ministry of Labour, Employment and Social and Solidarity Economy of the Government of the Grand Duchy of Luxembourg.
Financial Mechanisms for Innovative Social and Solidarity Economy Ecosystems
The vast uncertainty surrounding the possible spread of COVID 19 and the duration of the near economic standstill required to combat it make forecasting little different from guessing Clearly this is a whatever it takes moment for large scale outside the box fiscal and monetary policies Carmen M Reinhart Project …
This Time Truly Is Different | by Carmen M. Reinhart
One of the pluralist theories which has gained prominence following the 2008 financial crisis is Hyman Minsky and his Financial Instability Hypothesis (FIH). Minsky was unique in viewing balance sheets and financial flows as the primary components of capitalist economies, and his focus on the financial system meant he was well-equipped for foresee a crisis much like 2008. Although he died long before 2008 his framework anticipated many of the processes which led to the crash, particularly increased risk-taking and financial innovation which would outstrip the abilities of regulators and central banks to manage the system.
Minsky’s Moments
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 lecture briefly discusses historic understandings of the limits to infinite economic growth on a finite planet (from John Stuart Mill to Marx). Taking a ecological economics perspective it discusses the metabolism of the economy, the economy as a subsystem of the environment, biophysical limits to growth, and sustainable economic scales.
Ecological Limits to Growth
The need for the movement Black Lives Matter and the tragic events that preceded it are the clear manifestation of the problem of discrimination today, which we all intuitively perceive as a poignant socio-economic question of our times.
Economics of Discrimination - A CBD Perspective
Steven G. Medema is a Research Professor at Duke University. His research focuses on the History of Economic Thought, having published extensively on the issue of social costs of production (conceptualized as externalities in neoclassical economics). In this recorded seminar, he exposes his working paper on the history of the concept of externalities in economic literature, starting from Pigou’s “The Economics of Welfare” (1920), where Pigou makes the case for governmental intervention in the market where there is a divergence between private and social costs or benefits of a productive activity. T
'Exceptional and Unimportant'? The Rise, Fall, and Rebirth of Externalities in Economic Analysis
Poster of the different schools of thought made by Sergio A. Berumen. From the Greeks to late 20th and beginning of the 21th century.
General Guide To Schools Of Economic Thought
In deutschen Führungsetagen dominieren weiterhin die Männer. Warum das so ist und wie das verändert werden kann. Das hat verschiedene Ursachen. Ein Faktor jedoch: schlechtere Aufstiegschancen. Unter dem Begriff der gläsernen Decke diskutiert die Fachliteratur ein Phänomen, das unter anderem Frauen den Aufstieg in der Hierarchie verschiedener Organisationen nur bis zu einem bestimmten Punkt ermöglicht. Irgendwann stockt der Fahrstuhl und auch die Treppe führt nur vor eine verschlossene Tür. Für vergleichbar qualifizierte Männer ist sie jedoch offen. Warum ist das so und wie wird das Problem seitens der Politik angegangen?
Die gläserne Decke - Warum Frauen der Weg an die Spitze oft verwehrt ist
This course will expose students to some of the key debates that link digital transformations to economic, social, and political inequalities. Students will be familiarised with a variety of theoretical movements in development studies and internet studies: exploring thinking that frames the internet as a leveller that can bridge divides vs. exploring the internet as an infrastructure that amplifies existing inequalities.
Digital Capitalism and its Inequalities
The goal of this glossary is to help students to understand some of the basics of circular economy.
Glossary Circular Economy
Geographical economics starts from the observation that economic activity is clearly not randomly distributed across space. This revised and updated introduction to geographical economics uses the modern tools of economic theory to explain the who, why and where of the location of economic activity. The text provides an integrated, first-principles introduction to geographical economics for advanced undergraduate students and first-year graduate students, and has been thoroughly revised and updated to reflect important developments in the field, including new chapters on alternative core models and policy implications.
The New Introduction to Geographical Economics
Ingrid Harvold Kvangraven digs into the Eurocentric nature of economics and the role dependency theory could play in decolonizing it.
Dependency Theory & the Decolonization of 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?
The Project of Pluralism
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.
Open Economics Uganda (OEU)
Through contributions from leading authors, Issues in Heterodox Economics provides a critical analysis of the methodology of mainstream economics.
Issues In Heterodox Economics
Welche Rolle können Zentralbanken, staatliche Banken wie KfW und EIB und private Finanzwirtschaft spielen, um den anstehenden Umbau voranzubringen? Müssen Zentralbanken eingreifen, wenn Politik versagt?
Zentralbanken und Finanzwirtschaft als Klimaretter?
Drei Dinge wissen wir: Der Kapitalismus hat den Feudalismus abgelöst; seither durchlief er zyklische Tiefs, spätestens seit 2008 stottert der Motor. Was wir nicht wissen: Erleben wir eine der üblichen Krisen oder den Anbruch einer postkapitalistischen Ordnung?
Postkapitalismus
In diesem Comic erklärt Linda Nunn mithilfe von Bienen anschaulich die Grundzüge der marxistischen Theorie zur Ausbeutung der Arbeitenden im Kapitalismus.
Von den Bienchen und den Blümchen - Woher kommen die Profite im Kapitalismus?
Die Volkswirtschafts-Studierenden von heute sind die Entscheidungsträger*innen und Berater*innen von morgen. Und genau diese Studierenden äußern, wie auch andere, schon länger Kritik an der ökonomischen Lehre.
Bereitet die Volkswirtschaftslehre auf das 21. Jahrhundert vor?
In öffentlichen Debatten über Staatsschulden, Haushaltsdefizite und Steuern herrscht oft die Vorstellung, der Staat müsse sich Geld „beschaffen“, bevor er ausgeben könne – entweder über Steuern oder Schuldenaufnahme. Diese Vorstellung überträgt die Logik privater Haushalte auf staatliches Handeln und verkennt die Struktur moderner Geldsysteme.
Vom Staat ins Portemonnaie – die Reihenfolge der Staatsfinanzen
Die Autorinnen kritisieren ein Wirtschaftssystem, das den »unbezahlten Sektor« der Care-Arbeit ignoriert, und eine Ökonomie, die sich noch immer um die Frage dreht, was zahlungskräftige Leute sich leisten können, statt das Sich-Kümmern um Hausarbeit, Kindererziehung, Pflege, Freundschaften, um soziales und globales Miteinander in den Vordergrund zu rücken.
Um-Care
In der Ökonomie, die wie alle Wissenschaften bisher vorwiegend von Männern betrieben wurde, finden feministische Fragestellungen langsam Eingang. Dabei können zwei Ebenen unterschieden werden, auf denen versucht wird, die Thematik anzugehen.
Ökonomie weiterdenken!
In the inspiring interview on Economics of Care, Nancy Foblre takes a closer look to the consequences of the marketization of caring activities on those activities and on the societal organization of care. Folbre elaborates on how to value care and how this shifts the perspectives on living standards. She points to the fact, that caring activities are undervalued both in the market sphere and within the family and thereby questions the division between those spheres. Lastly, Folbre answers the question how to reteach Economics when accounting for caring activities.
The Economics of Care
Think Academy Think Academy
Complexity Economics
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.
Global care chains, refugee crisis, and deskilling of workers
Preisdiskriminierung (auch Preisdifferenzierung) beschreibt das Anbieten homogener Produkte zu unterschiedlichen Preisen. Vorraussetzung ist das Vorhandensein eines unvollkommenen Marktes, meist ist diese Art der Preispolitik nur für Unternehmen mit Monopolstellung möglich.
Preisdiskriminierung
For a long time, price controls were considered taboo, as neoliberal economic theory assumes that prices are supposedly formed freely by supply and demand. But especially in times of crisis, the state must intervene and cap prices to protect wage earners from excessive burdens. However, the how matters.
Price Controls Against Inflation
What are the implications of the politics of "behavioural change"? Alexander Feldmann took a closer look for you on nudging and framing and if this is a legitimate instrument being used by the state to make us behave better in terms of our carbon footprint.
Politics as supermarket? Or how current policy design changes the relationship between the state and its citizens
Peter Boettke, Professor of Economics and Philosophy at George Mason University, talks about the history and the main methodological and epistemological tenets of the Austrian school. He argues that good economics is the mainline tradition of "squaring rational choice with the invisible hand theorem through institutional analysis".
The Austrian Tradition in Economics
In the fifth part of the Economics of COVID-19 Webinar by SOAS, Jo Michell sketches out the effects of the COVID-19 pandemic on the wider macroeconomy and warns against a resurgence of austerity politics.
Will Coronavirus Mean the End of Austerity? The Macroeconomics of the COVID-19 Crisis
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