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Within the heterodox field one of the most active topics is related to the theory of economic growth and distribution This is a textbook for advance undergraduate and graduate students Throughout its 18 chapters Classical Neoclassical and post Keynesian models are developed Each chapter contains study problems and suggested readings …
Growth and Distribution
In this book, the authors, Cinzia Aruzza, Tithi Bhattcahrya, and Nancy Fraser, move away from the myopic view of feminism for a select few to focus on a universal idea of feminism.
Feminism for the 99 Percent
Examine what would happen if we were to deploy blockchain technology at the sovereign level and use it to create a decentralized cashless economy. This book explains how finance and economics work today, and how the convergence of various technologies related to the financial sector can help us find solutions to problems, such as excessive debt creation, banks getting too big to fail, and shadow banking.
The Blockchain Alternative
Why is money more valuable than the paper on which it is printed Monetarists link the value of money to its supply and demand believing the latter depends on the total value of the commodities it circulates According to Prabhat Patnaik this logic is flawed In his view in any …
The Value of Money
All leaders are constrained by geography. Their choices are limited by mountains, rivers, seas and concrete. People and ideas are important; but if you don't know geography, you'll never have the full picture.
Prisoners of Geography
This is an important contribution that defends the importance of heterodox economics. It discusses what constitutes heterodox economics as an intellectual, social, and political project, with a range of contributions from leading heterodox thinkers coming from a diversity of theoretical vantage points.
Heterodox Economics
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
Financial Evolution at the Speed of Thought A new evolutionary explanation of markets and investor behaviorHalf of all Americans have money in the stock market yet economists can t agree on whether investors and markets are rational and efficient as modern financial theory assumes or irrational and inefficient as behavioral …
Adaptive Markets
This book looks at the anti-capitalist economy and the organization of social relations in the context of the revolution and autonomy of Rojava (Kurdistan-Syria).
Anticapitalist Economy in Rojava
Thomas Piketty's Capital in the Twenty-First Century is the most widely discussed work of economics in recent history, selling millions of copies in dozens of languages. But are its analyses of inequality and economic growth on target? Where should researchers go from here in exploring the ideas Piketty pushed to the forefront of global conversation? A cast of economists and other social scientists tackle these questions in dialogue with Piketty, in what is sure to be a much-debated book in its own right.
After Piketty
What do modern academic economists do? What currently is mainstream economics? What is neoclassical economics? And how about heterodox economics? How do the central concerns of modern economists, whatever their associations or allegiances, relate to those traditionally taken up in the discipline?
Essays on the Nature and State of Modern Economics
Ernest Mandel, a heterodox Marxist economist, shows here how a political economist can analyse systems such as the Soviet Union.
The Nature and Economy of the Soviet Union
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?
In this dossier, Konzeptwerk Neue Ökonomie highlights the need for debt cancellation for countries of the Global South and the payment of reparations for the climate catastrophe caused by the Global North.
Climate Debt and Reparations
This is a revolutionary and powerfully argued feminist analysis of modern economics, revealing how woman's housework, caring of the young, sick and the old is automatically excluded from value in economic theory. An example of this pervasive and powerful process is the United Nations System of National Accounts which is used for wars and determining the balance of payments and loan requirements.
If Women Counted
Die enorm innovationsstarke deutsche Industrie ist in der Lage, viele der für die Erreichung von Klimaneutralität benötigten technischen Lösungen zu entwickeln und auf den Markt zu bringen. Dies ist jedoch kein Selbstläufer, sondern erfordert auch ein langfristiges Engagement der öffentlichen Hand. Ein Beitrag von Jan-Erik Thie und Benjamin Görlach.
Wie der klimaneutrale Umbau des Industriestandorts Deutschland gelingen kann
Mit der westlichen Industrialisierung sind wir bisher in der Mehrheit nicht sehr gut gefahren. Warum also sollte dieses Modell international erstrebenswert sein? Ein Beitrag von Anke Schaffartzik.
Können und wollen wir alle im Überfluss leben?
In this keynote lecture during the conference „The Spectre of Stagnation? Europe in the World Economy“, Till van Treek presents research on how changes in income distribution lead to macroeconomic instability and crisis, focusing on currents accounts. Treek presents the relative income hypothesis in contrast to other mainstream and Post-Keynesian explanations. The relative income hypothesis proposes that aggregate demand increases and savings decrease with rising personal income inequality due to upward looking status comparison – but effects depend on the quantile where income inequality increases. Treek points to the importance of accounting for both income and functional income distribution and underlines his arguments with data comparing different pattern in Germany and the U.S.
Macroeconomics of inequality & instability - Inequality, imbalances and the crisis
The dominant view of inflation holds that it is macroeconomic in origin and must always be tackled with macroeconomic tightening. In contrast, we argue that the US COVID-19 inflation is predominantly a sellers’ inflation that derives from microeconomic origins, namely the ability of firms with market power to hike prices.
Sellers’ Inflation, Profits and Conflict: Why can Large Firms Hike Prices in an Emergency?
An essay of the writing workshop on Nigeria’s Readiness for and the Effect of the Fourth Industrial Revolution
The Fourth Industrial Revolution: Economic Impact and Possible Disruptions
This course is designed to provide students with an understanding of work-related gender issues and to enable students to analyze the issues using the tools of economics.
Women, Men, & Work
In diesem Beitrag diskutiert Ingo Stützle die Modern Monetary Theory (MMT) kritisch aus einer an Marx orientierten Ökonomiekritik. Dabei wird argumentiert, dass die MMT zwar wichtige Fragen aufwirft, aber weder einen adäquaten Begriff von Geld noch von Kapitalismus hat, was mitunter zu Fehlschlüssen führt. Dabei ist der wesentliche Punkt, dass die MMT auf der Basis eines falschen Verständnisses von Geld die notwendige Begrenztheit staatlicher Verfügungs- und Gestaltungsmacht im Kapitalismus nicht versteht.
Eine Kritik der Modern Monetary Theory als geldtheoretisches Konzept
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 authors discuss how identity affects economic outcomes by bringing together psychological and sociological perspectives and economics. For economic outcomes of a single individual, it might be interesting which kind of social groups this individual belongs to. This may influence individual daily decisions and hence economic outcomes. It can, however, not only affect individual economic outcomes but also economic outcomes of organizations, institutions and other groups. This paper describes these influences with respect to gender in the workplace, to the economics of poverty and social exclusion, and to the household division of labour.
Economics and Identity
Prof. Robert Wade (London School of Economics, UK) discusses industrial policy, the challenges of economic development for emerging countries like Brazil and...
Prof. Robert Wade discusses industrial policy - Rethinking the State
Was ist Inflation, welche unterschiedlichen Formen von Inflation gibt es und was sind deren Ursachen? Eine erste Einführung zum Thema Inflation.
Inflation einfach erklärt
The Lecturer Prof. Francesco Lissoni presents basic concepts of the Economics of Innovation. Firstly, he distinguishes between invention, innovation and diffusion and relates innovation to economic growth. Subsequently, he elucidates learning and network effects.
Economics of Innovation 1/2
Currency hierarchy and policy space: A research agenda for development economics Barbara Fritz
Currency hierarchy and policy space
The webinar covers three different topics that relate to reconciling with the Indigenous people in Australia: financial resilience, childcare/child development and economic participation through business procurement. Despite showing significant strength and resilience in the face of colonial injustices, Australian Indigenous people and their families continue to be affected by past trauma.
How can economics contribute to Indigenous Reconciliation?
The World Inequality Lab gathers social scientists committed to helping everyone understand the drivers of inequality worldwide through evidence based research The World Inequality Lab hosts the World Inequality Database the most extensive public database on global inequality dynamics Their main missions are The extension of the World Inequality Database …
WORLD INEQUALITY LAB
Inflation ist eines der wichtigsten Themen der gegenwärtigen Wirtschaftsdebatten. Der Begriff wird jedoch sehr unterschiedlich verwendet. Lars Weisbrod zeigt, dass sich hinter dem Begriff "Inflation" zwei Typen von Inflation verbergen, die in öffentlichen Debatten oft verwechselt werden: Angebots- und Nachfrageinflation. Um diese beiden Konzepte auseinanderzuhalten, schlägt der Autor die Bezeichnungen Teuerung und Geldentwertung vor.
Warum man das Wort "Inflation" nicht mehr benutzen sollte... und was man stattdessen sagen könnte
Was ist Inflation? Warum ist sie relevant? Und gibt es eine einheitliche Theorie über ihre Wurzeln und Ursachen, oder ist sie ein umstrittenes Konzept? Genau darum geht es in diesem Text: Wir definieren, was Inflation eigentlich bedeutet, bevor wir uns mit einem interdisziplinären und pluralistischen Ansatz in die theoretische Debatte stürzen: Wie entsteht sie, welche Faktoren können sie beeinflussen, und was kann man dagegen tun?
Inflation
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