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The 2007-2008 financial crisis exposed the shortcomings of mainstream economic theory with economists unprepared to deal with it. In the face of this, a major rethinking of economics seems necessary and in presenting alternative approaches to economic theory, this book contributes to the rebuilding of the discipline.

2019
Level: mittel
Alternative Approaches to Economic Theory
The current global financial system may not withstand the next global financial crisis. In order to promote the resilience and stability of our global financial system against future shocks and crises, a fundamental reconceptualisation of financial regulation is necessary. This reconceptualisation must begin with a deep understanding of how today's financial markets, regulatory initiatives and laws operate and interact at the global level.
2016
Level: mittel
Reconceptualising Global Finance and its Regulation

"Thought provoking and fresh - this book challenges how we think about economics.”
Gillian Tett, Financial Times

For further information about recent publicity events and media coverage for Rethinking Capitalism please visit http://marianamazzucato.com/rethinking-capitalism/

Western capitalism is in crisis.

2016
Level: mittel
Rethinking Capitalism
This informative book discusses the evolution of monetary policy, particularly since the subprime crisis.
2025
Level: leicht
Central Banking and Monetary Policy Implementation
As the current economic crisis spreads around the globe questions are being asked about what king of capitalist or post-capitalist economy will follow. There is increasing talk of the need for stringent economic regulation, the need to temper greed and individualism, to make the economy work for human and social development.
2009
Level: mittel
The Social Economy
This essay argues that our dominant economic narrative—rooted in private property, competition, growth for growth’s sake, and the assumption that self-interest drives progress—has led humanity and the planet into an existential crisis.
2022
Level: leicht
Economics for the People
Mainstream economic theory has been increasingly questioned following the recent global financial crisis. Marc Lavoie shows how post-Keynesian theory can function as a coherent substitute by focusing on realistic assumptions and integrating the financial and real sides of the economy.
2015
Level: mittel
Post-Keynesian Economics
Neoliberalism is dead. Again. After the election of Trump and the victory of Brexit in 2016, many diagnosed the demise of the ideology of Margaret Thatcher, Ronald Reagan, Augusto Pinochet, and the WTO. Yet the philosophy of the free market and the strong state has an uncanny capacity to survive and even thrive in crisis.
2020
Level: mittel
Nine Lives of Neoliberalism
Smith contends that there is no possible solution to our global ecological crisis within the framework of any conceivable capitalism. The only alternative to market-driven planetary collapse is to transition to a largely planned, mostly publicly-owned economy based on production for need, on democratic governance and rough socio-economic equality, and on contraction and convergence between the global North and South.
2016
Level: mittel
Green Capitalism
This episode from Odd Lost podcast with financial analyst Zoltan Pozsar features a discussion on the potential long-term financial effects of the Ukraine-Crisis on dollar and the global currency system centered around it.
2022
Level: mittel
Zoltan Pozsar on Russia, Gold, and a Turning Point for the U.S. Dollar
Understanding the financial crisis from four very different economic theories: Social Economics, Institutional Economics, Post Keynesian economics.
Level: leicht
Economics from a pluralist perspective
An article in the New York Times from early 2025 suggests that the political influence of mainstream economics is declining. While economists have been highly influential in supporting and shaping free-market policies in recent decades, their expertise has become less relevant during intensified economic crises that necessitate state interventions.
2025
Level: leicht
The Strange Non-Death of Mainstream Economics
The objective of the course is to explore the main strengths and weaknesses of orthodox and heterodox paradigms within development economics.
2019
Level: leicht
Issues in Development Economics
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
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.
2019
Level: mittel
Economic theory, methodology, and secure foundations
This essay draws on several analyses on the gender impact of the recession and of austerity policies, in which authors acknowledge a threat to women’s labour market integration and a potential backlash to traditional gender labour structures. We contribute to that literature by asking whether recession and austerity convey a gender effect on educational attainment. Our aim in this essay is to portray the likely effects of austerity measures on gender equality with a focus on women’s participation in tertiary education and to hypothesize the implications of these scenarios for labour market effects, to be tested in future empirical research.
2017
Level: leicht
The impact of Austerity on Gender in Tertiary Education: A Theoretical Analysis
Fabian Georgi analyses how migration and borders are connected to capitalism.
2024
Level: mittel
Recruiting skilled labour, while closing borders? The connection between migration, border regimes and capitalism
Exploring Economics, an open-source e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
2020
Level: leicht
Yes, Money is Endogenous. Who Cares?
This course will fundamentally ask whether we can, or even should use the word ‘decolonising’ in our pursuit of a better economics?
2022
Level: leicht
Decolonising Economics?
Why has heterodox economics not been more successful in making inroads into the mainstream? And why has “pluralist economics,” the most prominent alternative paradigm to mainstream economics, not been more successful in changing the curriculum?
Level: mittel
The Project of Pluralism
Feminist economics focuses on the interdependencies of gender relations and the economy. Care work and the partly non-market mediated reproduction sphere are particularly emphasised by feminist economics.
Feminist Economics
This introductory text explores the political economy of water by defining the subject and examining its key issues.
2025
Level: leicht
The political economy of water
The Centre for Economy Studies works on improving and modernising economics education to ensure that students will be better prepared for their future careers and the societal challenges we face today and in the coming decades. The Essential Lectures are teaching packs designed for 90-minute sessions that can be added to existing courses.
2022
Level: leicht
Economy Studies Essential Lectures
This book provides a new methodological approach to money and macroeconomics. Realizing that the abstract equilibrium models lacked descriptions of fundamental issues of a modern monetary economy, the focus of this book lies on the (stylized) balance sheets of the main actors. Money, after all, is born on the balance sheets of the central bank or commercial bank.
2017
Level: leicht
Modern Monetary Theory and European Macroeconomics
The module is designed to first present some of the main schools of thought from a historical and methodological perspective. Each week we explore and critically assess the main tenants of each school of thought. In the second part of the module we link history of economic thought and methodology to a specific and contemporary economic question. The second part allows you to engage with current economic issues with an awareness of methodology and methodological differences and with some knowledge of the history of economics.
2019
Level: leicht
History of Economic Thought
This essay focuses on the sources of government revenue within the Middle East and North African (MENA) region and proposes the implementation of a regional tax reset through increased taxation and tax reforms, deregulation in the private sector and economic diversification to reduce macroeconomic volatilities caused by the hydrocarbon industry.
2018
Level: leicht
Taxation in the MENA region
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.
Level: leicht
The Role of Fiscal Policy in Climate Change Mitigation Via Environmental Management and Sustenance in Nigeria
The course will teach students to analyze the goals, implementation, and outcomes of economic policy.
2019
Level: mittel
Advanced Economic Policy
Die Inflation ist als ökonomisches Phänomen für VWL-Studierende ähnlich schwer zu fassen wie für die breite Öffentlichkeit und die Politik. Dieser Artikel entwickelt einen Analyserahmen, der helfen soll, über Inflation sowohl als ein wirtschaftliches als auch als ein politisches Phänomen nachzudenken.
2024
Level: leicht
Nach der Inflation: Viele Verlierer:innen und wenige Gewinner:innen
The lectures were given by Steve Keen at the Exploring Economics Summer Academy 2017 in the workshop on Post Keynesian Economics The first lectures start with the role of money in a monetary economy and explain the macroeconomic significance of admitting the reality that banks create money The lectures continue …
2017
Level: schwer
Exploring Economics 2017 Lectures
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 …
2019
Level: schwer
Growth and Distribution
After completing the module, participants should have gained a basic understanding of the economic school of thought referred to as "Modern Monetary Theory" and should be able to analyze the monetary processes at play in the economy and evaluate fiscal and monetary policy decisions from an MMT-perspective.
2021
Level: leicht
Introduction to Modern Monetary Theory

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Um sich weiterhin für Pluralismus und Vielfalt in der Ökonomik einzusetzen, benötigt das Netzwerk Plurale Ökonomik e.V. Unterstützung von Leuten wie dir. Deshalb freuen wir uns sehr über eine einmalige oder dauerhafte Spende.

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