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Mainstream textbooks present economics as an objective science free from value judgements; that settles disputes by testing hypotheses; that applies a pre-determined body of principles; and contains policy prescriptions supported by a consensus of professional opinion.
The economics anti-textbook
Firms are the primary places where economic activity takes place in modern capitalist economies: they are where most stuff is produced; where many of us spend 40 hours a week; and where big decisions are made about how to allocate resources. Establishing how they work is hugely important because it helps us to understand patterns of production and consumption, including how firms will react to changes in economic conditions and policy. And a well-established literature – led by post-Keynesians and institutionalists – holds that the best way to determine how firms work is to…wait for it...ask firms how they work. This a clearly sensible proposition that is contested in economics for some reason, but we’ll ignore the controversy here and just explore the theory that springs from this approach.
The ‘How Firms Work’ Approach to How Firms Work
Exploring Economics, an open-source e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
A Time for Precaution
Economic theory must distinguish between publicly owned and privately owned property if it is to account for the effect of institutions on the behavior of individuals. Careful study of the theories of Marxists and the real-world experience in the Soviet economy offer important lessons and insight for economic modeling and the ongoing development of theory. In this course, Marxist/Leninist theory and Soviet reality will be studied with an open mind, and with the goal of taking lessons from the case study. To what extent was the Soviet economy an accurate expression of Marxist theory? If Marxism were tried somewhere else would the results be the same?
Economic History of the Soviet Union
The third edition of Political Economy: The Contest of Economic Ideas is a fully updated overview of the political economy and its connection with social concerns. This book investigates the main traditions of economic ideas and provides a 'big picture' overview of the analytical tools and value judgements associated with competing schools of economic thought.
Political Economy
What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. This original work reorients our understanding of economic history and confronts us with sobering lessons for today.
Das Kapital im 21. Jahrhundert
Turning the ideas of #DoughnutEconomics into action.
Doughnut Economics Action Lab
Ihre Erklärungs- und Deutungslogik hat die Ökonomik in der zweiten Hälfte des 20. Jahrhunderts selbstbewusst auf nahezu alle gesellschaftlichen Phänomene ausgedehnt. Auch auf Diskriminierung und Rassismus. Leider dreht sich auch bei diesem Thema die Mainstream-Ökonomik um sich selbst, argumentieren Steffen Haag und Elena Goschin.
Ökonomie der Diskriminierung
In dem Text gibt Maria Kader einen Überblick über die Krisenpolitik der EZB in den Krisen der vergangenen Jahre. Sie stellt die ergriffenen Maßnahmen, ihre Wirkungen und ihre Schatteseiten vor.
Die Europäische Zentralbank in der Krisenpolitik – Maßnahmen, Wirkungen, Schattenseiten
The world of economics is changing. Years of turmoil in the global economy mean that nothing will ever be quite the same again. This is the starting point and theme of this radically revised Economist books classic.
The Economist: Economics 4th edition
Since the beginning of the twenty-first century, there has been an unprecedented move towards 'rethinking economics' due to the damages generated by the global financial crisis that burst in 2007-2008. Almost a decade after this crisis, policy is still unable to provide all citizens greater wellbeing or at least an encouraging economic future.
A Modern Guide to Rethinking Economics
With a focus on Chile, Pinochet’s Economic Accomplices: An Unequal Country byForce uses theoretical arguments and empirical studies to argue that focusing onthe behavior of economic actors of the dictatorship is crucial to achieve basic objectivesin terms of justice, memory, reparation, and non-repetition measures.
Pinochet's Economic Accomplices
First published in 1983. A collection of papers directed at those outside the field of Economics, to open up discussions around the scientific worth of Economics.
Why Economics is not yet a Science
Welches Menschenbild für die ökonomische Bildung?
Nicht-egoistisches Verhalten und soziale Vergleiche in der Haushaltstheorie
Welches Menschenbild für die ökonomische Bildung?
This book offers the first systematic analysis of economic thought concerning war.
War in Economic Theories over Time
Ecological economics addresses one of the fundamental flaws in conventional economics--its failure to consider biophysical and social reality in its analyses and equations. Ecological Economics: Principles and Applications is an introductory-level textbook that offers a pedagogically complete examination of this dynamic new field.
Ecological Economics - A Workbook for Problem-Based Learning
Der erstarrte Blick Eine erkenntnistheoretische Kritik der Standardlehrbücher der Volkswirtschaftslehre Silja Graupe 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 2001 …
Der erstarrte Blick - Eine erkenntnistheoretische Kritik der Standardlehrbücher der Volkswirtschaftslehre
The text presents a short perspective of International Political Economy, which "have often sought to complement discussions of governance with a healthy dose of critique", on resistance against e.g. economic inequality or economic and political power.
Resistance
Tom Palley provides a very clear and insightful description of the post-Keynesian school of economics by tracing back its connections to the different historical schools of thought.
Post-Keynesian Economics through the Lens of History of Thought - Introductory lectures on heterodox economics
Es ist immer noch zweifelhaft, ob Ökonom*innen mit ihrem Instrumentarium die nächste Wirtschaftskrise vorhersagen können.
Als erster Grund ist dafür der nicht-systemische Status von Krisen in Mainstream-Theorien zu nennen. Zweifelsohne entwickeln empirisch arbeitende Makroökonomen Warn-Indikatoren für Finanzkrisen (Schularick und Taylor 2012), es gibt auch makroökonomsiche Modelle, die Krisendynamiken aufgreifen (Kumhof et al. 2015) und Debatten im Mainstream der VWL über den richtigen Umgang mit der Mathematik (Romer ABC).
Stickeraktion: Wann kommt die nächste Krise, Herr Professor*?
What is sustainable development and what is the idea of a green economy? What is the role of the green economy in the current triple crisis? The short video discusses the concept and in particular the concerns about a green economy, especially with regards to inequality and poverty. The short statements in the video also reflect other possibilities of transformation.
Green Economy and Sustainable Development: Bringing Back the Social
In the keynote speech, Sigrid Stagl argues why it is necessary to include socio-ecological aspects in macoreconomic models. The talk focuses on the ecological necessities, mentioning limits to growth, resource extraction and planetary boundaries. At the end, Stagl shortly presents several current macroeconomic initiatives and models that move towards a a socio-ecological macroeconomics.
Towards a socio-ecological macroeconomics
Gilles Carbonnier, Professor of Development Economics and Director of Studies at The Graduate Institute Geneva, explains the emerging field of Humanitarian Economics. It analyses how economics can help to better grasp and respond to humanitarian crises, and why capturing market dynamics - including the humanitarian market itself, or in relation to e.g. kidnapping and detention in war - has become critical.
The Birth of Humanitarian Economics
This lecture by Prof. Dr. Eckhard Hein is part of the Introductory Lectures on Heterodox Economics at the 20th FMM Conference in 2016. It gives a good overview about where Post-Keynesian Economics can be located and what it is all about.
Introduction to Post-Keynesian Economics
"Why information grows" by Cesar Hidalgo and the atlas of economic complexity. César visits the RSA to present a new view of the relationship between the individual and collective knowledge, linking information theory, economics and biology...
Why information grows and the atlas of economic complexity.
In this video, the most famed biographer of John Maynard Keynes, Robert Skidelsky, explores the foundations of Keynesian economics
Keynesian Economics - It's All About Spending
Manuel Schulz hat sich im Rahmen der Schreibwerkstatt "Varieties of Mainstream Economics?" kritisch mit dem normativen Selbstverständnis der Verhaltensökonomik auseinandergesetzt.
Humanisierung der Ökonomie oder Ökonomisierung der Humanität? Zur normativen Verortung der Verhaltensökonomik
Anwar Shaikh explores alternative economic explanations, emphasizing 'real competition' theory and the role of imperfections in economic patterns.
Capitalism: Competition, Conflict, Crisis
Overview page for the collection of nobel laureateas on Exploring Economics
Nobel memorial prize in economic sciences - A critical overview
This Forum in the Boston Review deals with the role of economics in modern policymaking and presents a wide set of perspectives on the topic. The opening text by Suresh Naidu, Dani Rodrik and Gabriel Zucman aims to answer a range of common criticisms against the modern, neoclassical science of economics and its influence on public discussions.
Economics After Neoliberalism
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?
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