1635 Ergebnisse
The principle of effective demand, and the claim of its validity for a monetary production economy in the short and in the long run, is the core of heterodox macroeconomics, as currently found in all the different strands of post-Keynesian economics (Fundamentalists, Kaleckians, Sraffians, Kaldorians, Institutionalists) and also in some strands of neo-Marxian economics, particularly in the monopoly capitalism and underconsumptionist school In this contribution, we will therefore outline the foundations of the principle of effective demand and its relationship with the respective notion of a capitalist or a monetary production economy in the works of Marx, Kalecki and Keynes. Then we will deal with heterodox short-run macroeconomics and it will provide a simple short-run model which is built on the principle of effective demand, as well as on distribution conflict between different social groups (or classes): rentiers, managers and workers. Finally, we will move to the long run and we will review the integration of the principle of effective demand into heterodox/post-Keynesian approaches towards distribution and growth.
The principle of effective demand: Marx, Kalecki, Keynes and beyond
The authors analyse the role and effects of the US dollar as factual global reserve currency. They demonstrate that a flight into the dollar creates adverse effects for the global economy as it represents a tightening of financial conditions.
Dollar dominance and the international adjustment to global risk
Die Erbschaftsteuer wurde einst geschaffen, um die Demokratie zu schützen. Doch in ihrer gegenwärtigen Form privilegiert sie Vermögende – und führt das Leistungsprinzip ad absurdum. Ein Beitrag von Martyna B. Linartas.
Vom Schwert der Demokratie zum hölzernen Kochlöffel
Pluralism includes mainstream economics. Our campaign for pluralism, including this series, have generally focused on ideas outside the mainstream on the basis that it gets plenty of attention already so we want to spend our time exposing people to alternatives. Nevertheless, mainstream ideas deserve some attention. On top of this, a curious feature of modern economics education is that some of the best ideas from mainstream economics are not even taught to undergraduates! During this series I will explore such ideas, starting today with the market construction technique known as ‘matching’.
It's a match!
Study of the German Council of Economic Experts on the potential economic effects of a comprehensive energy embargo against Russia
A potential sudden stop of energy imports from Russia: Effects on energy security and economic output in Germany and the EU
This is an online panel and discussion on the ongoing and potential gendered impacts of COVID-19 organized by the International Association of Feminist Economics (IAFFE).
Feminist Economics Perspectives on COVID-19
The effects of the 2020 pandemic on the Latin-American region: a thorough before-after analysis.
COVID-19 and Economic Development in Latin America
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
Der Fokus auf die Geldwirtschaft blendet zentrale Aspekte des menschlichen Zusammenlebens und der Zeitgerechtigkeit aus. Für eine fairere Gesellschaft braucht es eine Neuverteilung von Zeitressourcen. Ein Beitrag von Bernhard Emunds.
Zeitwirtschaft, Zeitwohlstand, Zeitkonflikte
Die „Internationale Finanzielle Subordination“ zementiert eine hierarchische Weltwirtschaft – die sich in instabilen Kapitalströmen, hohen Finanzierungskosten und der Dominanz des US-Dollars zementiert. Ein Beitrag von Annina Kaltenbrunner.
Wie der Überfluss an Finanzvermögen globale Abhängigkeiten schafft
Durch Versiegelung, Übernutzung und Privatisierung wird Boden zur Ware degradiert. Um die Bewohnbarkeit des Planeten zu sichern, braucht es aber ein neues Verhältnis zum Boden: weg von Verwertungslogiken, hin zu generativen und verbindenden Beziehungen.
Die Transformationsdebatte muss wieder auf den Boden kommen – wortwörtlich
Aim of this intensive workshop is 1.) to introduce the participants to the macroeconomic workings of the climate crisis as the background of sustainable finance; 2.) to introduce financial assets with ESG (Environmental, Social and Governance) criteria attached to them and their markets and important institutional players; 3.) to provide a critical perspective on the current setup of sustainable finance; 4.) and to work on in-depth case studies illustrating the workings on ESG-finance markets, its emitters and traders as well as their macroeconomic implications.
Sustainable Finance – Hoax or necessity. A global perspective
Vermögenssteuern werden häufig als Lösung für zu hohe Ungleichheit ins Spiel gebracht werden. Allerdings bleibt die Debatte oft vage – und droht, als populistischer Aktionismus oder als wirtschaftsliberale Anpassung zu enden. Ein Beitrag von Sebastian Thieme.
Warum die Debatte um Vermögensobergrenzen notwendig ist
Ever wondered why some countries are rich and others poor Or why some people believe hard work results in upward mobility and others don t To answer these questions you need to see the world sociologically In this introductory sociology course we will explore the concerns of an interconnected global …
Global Sociology
This is an introductory level core course in macroeconomics for those expecting to take further courses in economics. It provides a theoretical and applied approach of introductory macroeconomics, with an international perspective and applications to account for the growing importance of the global economy and the rising openness of economies.
Introduction to Macroeconomics
The article reviews the effects that the War in Ukraine will have for the global economy.
The Ukraine War's Multifaceted Economic Fallout
What possibilities exist for a fairer world Can one person truly make a difference In this social sciences course we sample the possibilities and limits of social change in an interconnected inequitable global landscape This course features in depth examinations of the rise of garment work for Bangladeshi women a …
Global Social Change
Use economic models to learn how prices and markets benefit society in the face of scarcity and then apply those models to analyze policy Jonathan Gruber edX Massachusetts Institute of Technology
Microeconomics
This course is an introduction to the economic theories of financial crises It focuses on amplification mechanisms that exacerbate crises such as leverage fire sales bank runs interconnections and complexity It also analyzes the different perspectives on the origins of crises such as mistaken beliefs and moral hazard and discusses …
Financial Crises
The piece describes some of the effects that Nixon's decision to delink the dollar from gold in the 1970s had for the relationship between the IMF and its member states. A focus is on the negative effects of this change on societies in the Global South.
Nixon’s decision to delink the dollar from gold still hounds the IMF, South Africa and Africa
Croatia adopted the euro as its currency on 1 January 2023, becoming the 20th member state of the eurozone. In this teaching pack, students learn what it entails to join the eurozone and discuss what its effects might be. In this way, the case helps students connect theoretical insights about monetary unions with real world knowledge and economic developments in the news.
Croatia adopts the euro – Economy Studies
In the debate about a sustainable and livable future, the critique of work is an essential perspective. In this contribution, Maja Hoffmann explores the tension between the environmentally harmful effects of work on the one hand and the systematic compulsion of work on the other.
How can post-work (critiques of work) enrich the climate debate?
From the mercantile monopolies of seventeenth-century empires to the modern-day authority of the WTO, IMF, and World Bank, the nations of the world have struggled to effectively harness globalization's promise. The economic narratives that underpinned these eras the gold standard, the Bretton Woods regime, the "Washington Consensus" brought great success and great failure.
The Globalization Paradox
This course provides an overview of the fundamentals of the economic Methodology.
Economic Methodology
The core idea of ecological economics is that human economic activity is bound by absolute limits. Interactions between the economy, society and the environment are analysed, while always keeping in mind the goal of a transition towards sustainability.
Ecological Economics
Economic development is a process of continuous technological innovation and structural transformation. Development thinking is inherently tied to the quest for sustainable growth strategies. This book provides a neoclassical approach for studying the determinants of economic structure and its transformation and draws new insights for development policy.
New Structural Economics
"Leveraged" provides an authoritative guide to the new economics of our crisis-filled century with a focus on financial crises and financial economics.
Leveraged
Der Fokus der Verhaltensökonomik liegt auf dem beobachtbaren Verhalten von Menschen und deren Entscheidungen.
Verhaltensökonomik
Der Fokus der Österreichischen Schule liegt auf der wirtschaftlichen Koordination von Angebots- und Nachfrageplänen zwischen Individuen. Konstitutiv sind u.a. der Subjektivismus, das Nutzenprinzip, Laissez-faire-Politik, fundamentale Unsicherheit sowie der Fokus auf den/die Unternehmer*in.
Österreichische Schule
Der Fokus der Neoklassik liegt auf dem Umgang mit knappen Ressourcen. Analysen beschäftigen sich mit der effizienten Allokation von Ressourcen, um den Wohlstand zu vermehren.
Neoklassik
Der Fokus der feministische Ökonomik liegt auf dem wechselseitigen Zusammenhang von Geschlechterverhältnissen und Ökonomie. Sie rückt insbesondere Care und die teils nicht marktvermittelte Reproduktionssphäre in das Blickfeld.
Feministische Ökonomik
What does political economy say about the global sugar production? Take a look at global trade regulations, intercountry inequalities, and the role of marketing.
Global sugar production - regulations, intercountry inequalities, and marketing
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