1751 Ergebnisse
This collection of previously published and new papers is a major intervention in the on-going debate about the nature and future of economics. Instead of the present deductivist-formalist orientation of mainstream economics, Lars Syll advocates for the adoption of a more pluralist approach to economics, arguing for more realism and relevance with less insistence on mathematical modeling.
On the Use and Misuse of Theories and Models in Mainstream Economics
Through contributions from leading authors, Issues in Heterodox Economics provides a critical analysis of the methodology of mainstream economics.
Issues In Heterodox Economics
This book highlights the political economy of wealth and income inequality in Latin America. The author segments his analysis to separately evaluate the economic, social, and political costs of inequality building on country case studies. It draws well-contextualized lessons from the Latin American experience that is important to consider for other regional contexts, especially for social policies of nations within the 'Middle Income Trap'.
The Costs of Inequality in Latin America
Economics is dogmatic, monolithic, merely quantitative, highly normative, strongly political, primarily ethical, pseudo-scientific, and manipulative.
Economics is ...
Approaching the law of nature that determines all forms of economy. The bulk of economic theory addresses the economic process by setting out on a catalogue of aspects, seeking the laws in the aspects and hoping to get together a reliable view of the whole.
Economic theory, methodology, and secure foundations
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
Während im Zuge der Globalisierung immer mehr Lebensbereiche den wirtschaftlichen Sachzwängen unterworfen werden, ist das Bewußstsein für die 'blinden Flecken' der Ökonomie bisher wenig entwickelt. Dabei haben die Wirtschaftstheorien in der Vergangenheit bei der Lösung von Krisen schon mehrmals versagt. Und heute?
Die blinden Flecken der Ökonomie
Der Soziologe Stephan Lessenich erläutert in diesem Vortag die zentrale These seines Buches „Neben uns die Sintflut - Wie und warum wir über die Verhältnisse anderer leben"“. Menschen des globalen Nordens leben nicht nur auf Kosten künftiger Generationen, sondern auch aktuell auf Kosten von Menschen im globalen Süden.
Neben uns die Sintflut
In this lecture, Branko Milanovic gives an overview of the concept of inequality as conceptualized within the classical school of thought.
Income Inequality in Quesnay, Smith, Ricardo and Marx (Part 1: Quesnay, Smith)
An essay of the writing workshop on contemporary issues in the field of Nigerian economics: The adverse effect of climate change is overwhelming, not just in Nigeria but globally. Global warming is the result of hostile human activities that have impacted the environment negatively. This is the principal variable the government should tackle through practical innovations such as the acceptable implementation of Adaptation Policies and also through the adequate implementation of environmental tax. These will enhance pro-environmental behaviour which is fit for socio-political and economic activities for sustainability.
The Role of Fiscal Policy in Climate Change Mitigation Via Environmental Management and Sustenance in Nigeria
Die scheinbare Eindeutigkeit der wirtschaftswissenschaftlichen Analyse von Maßnahmen gaukelt eine Berechenbarkeit vor, die nichts mit der Realität zu tun hat. Vielmehr braucht es gerade in der Klimapolitik einen Ansatz, der flexibel reagieren kann und gleichzeitig die Entwicklung neuer innovativer Lösungen befördert: das sogenannte agile Politikdesign.
Warum wir eine agile Klimapolitik brauchen
Based on a paper by Jason Hickel and Giorgos Kallis Decoupling refers to the separation of economic value creation material extraction and pollution. Ecological limits pose a challenge to growth-led development and the low historical and predicted rate of decoupling suggests that long-term sustainable growth-led development is impossible.
Degrowth and Environmental Justice: Decoupling
In this course you'll learn about the tools used by scientists to understand complex systems. The topics you'll learn about include dynamics, chaos, fractals, information theory, self-organization, agent-based modeling, and networks.
Introduction to Complexity
This lecture offers a general and introductory overview of the theory of racial capitalism, focusing on the origins of racial capitalism and some of the debates it has generated.
Introduction to Racial Capitalism
Diese Studie widmet sich dem Zustand des Studiums der Volkswirtschaftslehre (VWL) aus der Perspektive seiner Studierenden.
„Ohne Effizienz geht es nicht“ - Ergebnisse einer qualitativ-empirischen Erhebung unter Studierenden der Volkswirtschaftslehre
It is perhaps fitting that the seriousness of the coronavirus threat hit most of the Western world around the Ides of March, the traditional day of reckoning of outstanding debts in Ancient Rome. After all, problems and imbalances have accumulated in the Western capitalist system over four decades, ostensibly since it took the neoliberal road out of the 1970s crisis and kept going along it, heedless of the crises and problems it led to.
The Unexpected Reckoning: Coronavirus and Capitalism
Economic theory is currently at a crossroads, where many leading mainstream economists are calling for a more realistic and practical orientation for economic science. Indeed, many are suggesting that economics should be reconstructed on evolutionary lines.
This book is about the application to economics of evolutionary ideas from biology.
This book is about the application to economics of evolutionary ideas from biology.
Economics and Evolution
Warum wir niemals nicht arbeiten und immer weniger davon leben können: Mitreissend beschreiben Mareile Pfannebecker und James A. Smith, wie sich Arbeit in den letzten Jahrzehnten transformiert hat.
Alles ist Arbeit
Whether a black swan or a scapegoat, Covid-19 is an extraordinary event. Declared by the WHO as a pandemic, Covid-19 has given birth to the concept of the economic “sudden stop.” We need extraordinary measures to contain it.
Triggering a Global Financial Crisis: Covid-19 as the Last Straw
The website contains a vast amount of information on the history of economic thought. It presents thinkers, their main works (and links to those works) and schools of thought which are sorted by political economy schools, neoclassical schools, alternative schools as well as thematic schools.
The history of economic thought website
Braucht Wissenschaft Pluralismus? Sind ökonomische Modelle Theorien und wie setzen sich Theorien praktisch durch? Ausgehend von zwei wissenschaftstheoretischen Perspektiven nähert sich Jakob Kapeller diesen und anderen Fragen.
Wissenschaftstheorie und Ökonomie
In this talk, Virgil Henry Storr, a Research Associate Professor of Economics in the Department of Economics at George Mason University, talks about his research into to post-disaster recovery and the role that social entrepreneurship plays in rebuilding the communities and social networks that get disrupted, or entirely eliminated.
Community revival in the wake of disaster: Lessons in local entrepreneurship
The podcast explores the psychosocial implications of poverty in the society. Keetie Roelen investigates how the emotion of shame and policy-making are intertwined.
The Psychosocial Side of Poverty
This is an overview of (possibly transformative) proposals to address the economic consequences of the corona crisis
Overview of proposals to combat the economic consequences of the Corona crisis
Exploring Economics, an open-source e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
Yes, Money is Endogenous. Who Cares?
How do people make decisions? There is a class of models in psychology which seek to answer this question but have received scant attention in economics despite some clear empirical successes. In a previous post I discussed one of these, Decision by Sampling, and this post will look at another: the so-called Fast and Frugal heuristics pioneered by the German psychologist Gerd Gigerenzer. Here the individual seeks out sufficient information to make a reasonable decision. They are ‘fast’ because they do not require massive computational effort to make a decision so can be done in seconds, and they are ‘frugal’ because they use as little information as possible to make the decision effectively.
Bounded Rationality: the Case of ‘Fast and Frugal’ Heuristics
The article is a formal response to the debate between the economists Diane Coyle and Howard Reed, whose articles were published online by Prospect magazine in 2018. Then, it was taken by Rethinking Economics as representative for the vision of the global network which advocates for changing economics curricula. In fact, it clearly solves some issues within the debate around pluralism by explaining its common misunderstandings among academics and its true - often mislead - meaning.
Deliberate Misunderstandings in Economics: What Pluralism Really Means
Sebastian Thieme geht der Sache auf den Grund und widmet sich auch der Frage, wo Alternativen liegen können, die eine ökonomische Misanthropie einzuschränken vermögen.
Ökonomische Misanthropie? Grundmuster und Konsequenzen für die Soziale Frage
Economics has long been the domain of the ivory tower, where specialized language and opaque theorems make it inaccessible to most people. That’s a problem.
Economics for People
In der Schreibwerkstatt Post-Growth Economics hat Ariane Isidorczyk ein Dossier zum Zusammenhang zwischen der Indusstriellen Revolution und dem Klimawandel verfasst und schlägt eine Lernmethode für Schüler:innen und Studierende vor, die die Simulation und das emotionale Erfassen von globalen Zusammenhängen zwischen Wirtschaft, technischer Entwicklung und dem CO2 -Ausstoß ermöglicht. #postgrowthwritingworkshop
Wie das Wirtschaftswachstum unser Klima veränderte - Die Industrielle Revolution als Klimafeind
Michael Kalecki famously remarked “I have found out what economics is; it is the science of confusing stocks with flows”. Stock-Flow Consistent (SFC) models were developed precisely to address this kind of confusion. The basic intuition of SFC models is that the economy is built up as a set of intersecting balance sheets, where transactions between entities are called flows and the value of the assets/liabilities they hold are called stocks. Wages are a flow; bank deposits are a stock, and confusing the two directly is a category error. In this edition of the pluralist showcase I will first describe the logic of SFC models – which is worth exploring in depth – before discussing empirical calibration and applications of the models. Warning that there is a little more maths in this post than usual (i.e. some), but you should be able to skip those parts and still easily get the picture.
Stock Flow Consistent Macroeconomics
In this Ted Talk, Oxford economist Kate Raworth argues that instead of prioritizing the growth of nations, the world should rather prioritize meeting the needs of all people living on the planet within ecological limits.
A healthy economy should be designed to thrive, not grow
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