1565 Ergebnisse

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.
2024
Level: mittel
Eine Kritik der Modern Monetary Theory als geldtheoretisches Konzept
Modern Monetary Theory and Practice: An Introductory Text is an introductory textbook for university-level macroeconomics students. It is based on the principles of Modern Monetary Theory (MMT).
2016
Level: mittel
Modern Monetary Theory and Practice: an Introductory Text
From the perspective of mainstream theory the effectiveness of monetary policy in bringing down inflation depends on two very important equations the aggregate demand equation and the infamous Phillips Curve Without these it becomes more difficult or rather impossible for central banks to carry out monetary policy and obtain the …
2022
Level: mittel
Monetary Policy and the Phillips Curve
In this prescient book, expert contributors from academic and policymaking circles explore dollarization in both theoretical and practical terms.
2025
Level: leicht
Central Banking, Monetary Policy and the Political Economy of Dollarization
This timely book answers the question of whether central banks should specifically target the stability of financial systems and if so, what kind of policies should be adopted to prevent or mitigate financial instability.
2025
Level: leicht
Central Banking, Monetary Policy and Financial In/Stability
This paper investigates how the concept of public purpose is used in Modern Monetary Theory (MMT). As a common denominator among political scientists, the idea of public purpose is that economic actions should aim at benefiting the majority of the society. However, the concept is to be considered as an ideal of a vague nature, which is highly dependent on societal context and, hence, subject to change over time. MMT stresses that government spending plans should be designed to pursue a certain socio-economic mandate and not to meet any particular financial outcome. The concept of public purpose is heavily used in this theoretical body of thought and often referred to in the context of policy proposals as the ideas of universal job guarantee and banking reform proposals show. MMT scholars use the concept as a pragmatic benchmark against which policies can be assessed. With regards to the definition of public propose, MMT scholars agree that it is dependent on the social-cultural context. Nevertheless, MMT scholars view universal access to material means of survival as universally applicable and in that sense as the lowest possible common denominator.
2020
Level: mittel
Modern Monetary Theory and the public purpose
Based on Modern Money Theory (MMT), Stephanie Kelton compares the cryptocurrency to the fiat money system (or simply what we have today).
2017
Level: leicht
Cryptocurrency and Fiat Money
Richard Werner touches on a number of topics in this Odd Lots Podcast episode. As one of the pioneers when it comes to money and credit creation, he gives interesting insights into his early research on this topic. He then explains what he calls the “Quantity Theory of Credit” and is an alternative to the "Quantity Theory of Money".
2020
Level: mittel
Japanification, Quantitative Easing, money creation and Re-Igniting the U.S. Economy
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
What constitutes the dominance of the US dollar, what it provides for the US and the rest of the world, why it is constantly questioned, and what the future might hold for the dollar
2025
Level: leicht
How the International Reserve Currency System Works – and Whether the End of Dollar Hegemony is Imminent
A free online course at Masters-level will enable you to understand the past, present and future role of money in society.
Level: mittel
Money and Society
This study offers a unique evolutionary economics perspective on energy and innovation policies in the wider context of the transition to sustainable development. The authors include: - an analysis of the environmental policy implications of evolutionary economics - a critical examination of current Dutch environmental and innovation policies and policy documents - systematic evaluation of three specific energy technologies, namely fuel cells, nuclear fusion and photovoltaic cells, within the evolutionary-economic framework.
2007
Level: mittel
Evolutionary Economics and Environmental Policy
As opposed to the conventional over-simplified assumption of self-interested individuals, strong evidence points towards the presence of heterogeneous other-regarding preferences in agents. Incorporating social preferences – specifically, trust and reciprocity - and recognizing the non-constancy of these preferences across individuals can help models better represent the reality.
2019
Level: mittel
A fresh perspective to economic theory: Social preferences and their impact on gender and policy
Industrial policy has been a central part of policy prescription by many heterodox schools arguably since mercantilism, but the theories behind it and types of policy advocated for have evolved over time. Recently some neoclassical economists have shown renewed interest in it, but is this mainstream acceptance a step back or a step forward from earlier heterodox ideas?
2021
Level: leicht
Industrial policy
The Currency of Politics explains why only through greater awareness of the historical limits of monetary politics can we begin to articulate more democratic conceptions of money.
2022
Level: mittel
The Currency of Politics
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.
Level: leicht
Economics of Money and Banking
To explain the pronounced instability of the world economy since the 1970s, the book offers an important and systematic theoretical examination of money and finance.
1999
Level: mittel
Political Economy of Money and Finance
This is a new online course at bachelor level. It presents an introduction into macroeconomics with a specific focus on the euro area. The theoretical part provides a critical presentation of the two key macroeconomic models: the (neo)classical approach and the Keynesian approach. This allows a comparative analysis of important macroeconomic topics: unemployment inflation government debt and Modern Monetary Theory banks and financial crises. The policy-oriented part discusses the monetary policy of the ECB and the specific challenges for fiscal policy in the euro area. The course also presents other euro area specific topics: Optimum currency area, euro crises, Next Generation EU and Green New Deal.
2021
Level: mittel
European Macroeconomics
Die Modern Monetary Theory (kurz: MMT, dt: moderne Geldtheorie) ist eine geldtheoretische und makroökonomische Denkschule, bei der es hauptsächlich um die Analyse des Geld- und Kreditsystems und insbesondere um die Frage der Kreditschöpfung geht.
2017
Level: leicht
Modern Monetary Theory
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
Maurizio Lazzarato’s War and Money explores the connections between capitalist expansion, international economic conflict, and war, via an analysis of the imperialism of the American dollar.
2025
Level: leicht
War and Money
This article explores if power dynamics in the household can be changed, and if so, how. In this context the focus is laid on government childcare policy and its various channels of possible influence.
Level: leicht
How can childcare policy affect intra-household power dynamics?
Currency hierarchy and policy space: A research agenda for development economics Barbara Fritz
2017
Level: mittel
Currency hierarchy and policy space
This is an important contribution both to advancing theoretical and empirical understandings of African monetary sovereignty and to putting problems and possibilities relating to African monetary sovereignty on the political agenda This is of utmost importance given that these issues have largely not received much attention in contemporary discussions of …
2021
Level: mittel
Economic and Monetary Sovereignty in 21st Century Africa
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.
Level: leicht
The future of money
Planet Money and The Indicator aim to explain current economic events in an easy, fun and accessible manner.
2008
Level: leicht
Planet Money
This paper is a product of an online workshop held in Nigeria on the topic Unemployment: Policy Review and Recommendations. It explores the various unemployment policies introduced by the Nigerian Government and analysis how effective they are and suggests some practicable solutions to solving unemployment problems in the country. The workshop was organized by Rethinking Economics The Uploaders (RETU) as part of the project Solving the Major Economic Problem in Nigeria (SMEPN), an output of the Global Pluralist Economics Training (GPET). More details here: https://www.retheuploaders.org/programs/SMEPN
2021
Level: leicht
Unemployment in Nigeria: Policy Review and Recommendations
Derek Neal writes that economists must analyze public education policy in the same way they analyze other procurement problems. He shows how standard tools from economics research speak directly to issues in education. For mastering the models and tools that economists of education should use in their work, there is no better resource available.--
2018
Level: leicht
Information, Incentives, and Education Policy
Peter Bofinger argues that the Modern Monetary Theory gives theoretical justification for bold answers to the corona crisis.
2020
Level: leicht
Coronavirus crisis: now is the hour of Modern Monetary Theory
This dossier gives an overview of the functions and the nature of money. The concept of Islamic finance is briefly explored, too.
2015
Level: leicht
The Nature of Money
Wealth inequality between Black and white people in the US barely has changed in the last 150 years. In her book "The Color of Money. Black Banks and the Racial Wealth Gap" Mehrsa Baradaran, analyzes why also Black banks have not successfully changed this and not enabled Black wealth on a broader scale.
2017
Level: mittel
The Color of Money
The last 15 years have seen extensive research into ecosystem service valuation (ESV), spurred by the Millenium Ecosystem Assessment in 2005 (Baveye, Baveye & Gowdy, 2016). Ecosystem services are defined as “the benefits people obtain from ecosystems” (Millenium Ecosystem Assessment, p.V). For example, ecosystems provide the service of sequestering carbon which helps regulate the climate. Valuation means giving ecosystems or their services a monetary price, for example researchers have estimated that the carbon sequestration services of the Mediterranean Sea is between 100 and 1500 million euros per year. The idea of ESV was a response to the overuse of natural resources and degradation of ecosystems, allegedly due to their undervaluation and exclusion from the monetary economy. ESV can be used (1) for policy decision-making, for example allocating funding to a reforestation project (2) for setting payments to people who increase ecosystem services, for example a farmer increasing the organic carbon content of their soil, and (3) for determining fees for people who degrade ecosystem services, for example a company that causes deforestation.
2021
Level: leicht
A Pluralist Perspective on Ecosystem Service Valuation Introduction

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