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Economics: A New Introduction provides a fresh introduction to real economics. Highlighting the complex and changing nature of economic activity, this wide-ranging text employs a pragmatic mix of old and new methods to examine the role of values and theoretical beliefs in economic life and in economists understanding of it.
Economics
Hohepriester der Freihandelssekte Internationaler Handel und Globalisierung in Standardlehrbüchern der Volkswirtschaftslehre Achim Truger 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 Krugman P R …
Hohepriester der Freihandelssekte - Internationaler Handel und Globalisierung in Standardlehrbüchern der Volkswirtschaftslehre
Jede Finanzkrise ist in erster Linie eine Schuldenkrise. Schuldner_innen nehmen zu viele Kredite auf, die sie dann nicht mehr bedienen können. Gläubiger_innen – vor allem Banken – müssen in der Folge ihre Forderungen abschreiben und vergeben weniger Kredite. Die Finanzkrise ist da.
Um eine solche Finanzkrise wirklich zu verstehen, muss man aber erst begreifen, wie Kredite eigentlich entstehen und wie genau Banken und andere Finanzinstitutionen funktionieren. Aufgabe einführender Bücher in die Volkswirtschaftslehre sollte sein, diese fundamentalen Zusammenhänge darzustellen. Leider stellen diese Bücher das Finanzsystem und die Kreditschöpfung meist falsch dar. Das erschwert sowohl die Analyse einer Finanzkrise als auch Wege zu ihrer Lösung zu finden.
Wie der Kredit wirklich in die Welt kommt
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
After completing the module, participants should be able to have general overview on the theory of commons. They can differentiate between neoclassical, new institutional and social/critical commons theory and can use these theories to assess real life common-pool resource management and commoning pratices.
Future of Commons
Eine erfolgreiche Wirtschaftstransformation hängt von einer Veränderung der ökonomischen Praktiken der Akteure ab. Die „Spirale transformativen Lernens“ identifiziert, welche Fähigkeiten dafür entscheidend sind.
Wie eine klimagerechte ökonomische Bildung aussehen könnte
The workshop introduces into the field of critical political economy and tries to identify the role of finacial markets in capitalism, the reason for financial crises and the relevance of Marx in regard to these topics.
Marxian Political Economy
The world is still feeling reverberations from the financial crisis of 2008 foreseen by neither politicians nor economists The history of capitalism has been punctuated by major crises exposing the fragility of our entire economic system How has capitalism despite these ruptures managed to each time resurface more resilient and …
The Global Financial Crisis
Photo by Kaitlyn Ashley on Unsplash The world is still feeling reverberations from the financial crisis of 2008 foreseen by neither politicians nor economists The history of capitalism has been punctuated by major crises exposing the fragility of our entire economic system How has capitalism despite these ruptures managed to …
The Future of Capitalism
This is a great book Against the background of the dogmatism of much of modern economics Fullbrook has produced an innovative wide ranging argument for narrative pluralism The timely book is beautifully written accessible to all provocative extraordinarily insightful and extremely compelling Tony Lawson Cambridge University UK This fascinating and …
Narrative Fixation in Economics
The notion that the demand and supply side are independent is a key feature of textbook undergraduate economics and of modern macroeconomic models. Economic output is thought to be constrained by the productive capabilities of the economy - the ‘supply-side' - through technology, demographics and capital investment. In the short run a boost in demand may increase GDP and employment due to frictions such as sticky wages, but over the long-term successive rises in demand without corresponding improvements on the supply side can only create inflation as the economy reaches capacity. In this post I will explore the alternative idea of demand-led growth, where an increase in demand can translate into long-run supply side gains. This theory is most commonly associated with post-Keynesian economics, though it has been increasingly recognised in the mainstream literature.
It’s Demand All the Way Down
That’s why it is time, says renegade economist Kate Raworth, to revise our economic thinking for the 21st century. In Doughnut Economics, she sets out seven key ways to fundamentally reframe our understanding of what economics is and does.
Doughnut Economics
Economists like to base their theories on individual decision making. Individuals, the idea goes, have their own interests and preferences, and if we don’t include these in our theory we can’t be sure how people will react to changes in their economic circumstances and policy. While there may be social influences, in an important sense the buck stops with individuals. Understanding how individuals process information to come to decisions about their health, wealth and happiness is crucial. You can count me as someone who thinks that on the whole, this is quite a sensible view.
Decision by Sampling, or ‘Psychologists Reclaim Their Turf’
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
Exploring Economics, an open-access e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
Time to Ditch the NAIRU
Is our system capable of energy transition and climate protection? How plural is economic policy in practice and who makes the big decisions? What kind of change do we want?
Energy and Climate Economics - Where do we come from and where do we have to go?
Public lectures on some Traditional Economic Solutions to poverty in Nigeria, specifically the Igbo Apprentice System, Yoruba Ajo Thrift Savings, and Hausa Integral Communalism.
Traditional Wealth Creation Schemes in Nigeria
This article introduces the series, “Reclaiming Africa’s Early Post- Independence History,'' from Post-Colonialisms Today. It explores the policies and thinking of African governments in the early post-independence period, and the lessons for today’s struggles for political and economic agency on the continent.
Reclaiming Africa’s Early Post-Independence History
Cédric Durand locates the Russian War on Ukraine in relation to Russian Economic Development and Political Economy after the collapse of the soviet union.
Cold Peace
The book provides an excellent comparative perspective on New Keynesian "New Consensus" economics and Post-Keynesian Economics at a beginner level. It also offers an interactive tool to understand how the economic models work, especially from a heterodox / pluralist perspective.
Introduction to Macroeconomics: Pluralist and Interactive
This article is the first of a series that offers a new paradigm for economics, the “multilevel paradigm,” using generalized Darwinism as its theoretical framework. Generalized Darwinism refers to all processes that combine the ingredients of variation, selection, and replication – not just genetic evolution – making it relevant to the cultural evolution of economic systems that are embedded in political, social, and environmental systems.
Rethinking the Theoretical Foundation of Economics I: The Multilevel Paradigm
Understanding the financial crisis from four very different economic theories: Social Economics, Institutional Economics, Post Keynesian economics.
Economics from a pluralist perspective
Beyond Neoclassical Economics is a remarkable new introduction to the main heterodox schools of economic thought which examines their main concepts and their critiques of mainstream theory.
Beyond Neoclassical Economics
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
This book discloses the economic foundations of European fiscal and monetary policies by introducing readers to an array of alternative approaches in economics. It presents various heterodox theories put forward by classical economists, Marx, Sraffa and Keynes, as a coherent challenge to neoclassical theory.
Heterodox Challenges in Economics
Best-selling books such as Freakonomics and The Undercover Economist have paved the way for the flourishing economics-made-fun genre. While books like these present economics as a strong and explanatory science, the ongoing economic crisis has exposed the shortcomings of economics to the general public.
Economics Made Fun
The Invisible Hand offers a radical departure from the conventional wisdom of economists and economic historians, by showing that "factor markets" and the economies dominated by them - the market economies - are not modern, but have existed at various times in the past.
The Invisible Hand?
This self-paced free course by Perry Merhling guides you to his "Money View" approach that integrates the fields of economics and finance. The course can easily be understood by people interested people without technical economic knowledge or training as it is primarily a tool for analysis.
Economics of Money and Banking
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Mathematisch rationalisierte Ideologieproduktion statt Marktanalyse
Die Rolle des Optimierungskonzepts in den Standardlehrwerken der Mikroökonomik Torsten Heinrich 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 Pindyck R S Rubinfeld D …
Die Rolle des Optimierungskonzepts in den Standardlehrwerken der Mikroökonomik
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
Diese Webseite widmet sich der Vielfalt bestehender ökonomischer Theorien und Methoden. Orientiere Dich, vergleiche, entdecke und studiere die unterschiedlichen ökonomischen Perspektiven.
Neoklassisches Paradigma in Standardlehrbüchern
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