1608 Ergebnisse
Here we look at the effect of the 2008 Climate Change Act passed in Parliament in the United Kingdom as an effort to curb emissions in all sectors. The Act aside from setting goals to become a low-carbon economy sets up an independent committee on Climate Change to ensure the implementation of policies to comply with the ultimate goal of 80% reduction in total emissions in 2050. I make use of the Synthetic Control Method (SCM) to create a comparative case study in which the creation of a synthetic UK serves as a counterfactual where the treatment never occurred (Cunningham, 2018).
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Central banks have once again proven to be the first line of defense in crisis-ridden times. With their far reaching actions they prevented the world from experiencing a collapse of financial markets on top of the severe health and economic crisis caused by Covid-19.
Mainstream economics was founded on many strong assumptions. Institutions and politics were treated as irrelevant, government as exogenous, social norms as epiphenomena. As an initial gambit this was fine. But as the horizons of economic inquiry have broadened, these assumptions have becomehindrances rather than aids.
Will man umsichtige Daseinsvorsorge betreiben und die Bereitstellung von lebensnotwendigen Gütern und Dienstleistungen erreichen, ist ökonomische Effizienz schlichtweg der falsche Weg. Dabei begegnet uns dieser Widerspruch von Vorsorge und Effizienz im Gesundheitssektor nicht nur in der jüngsten Versorgungskrise mit Medikamenten, sondern dieser Gegensatz zeigte sich nicht zuletzt auch während der Pandemie auf dramatische Weise. Ein Beitrag von Manuel Schulz.
After completing the module, participants should be able to analyse the concepts of degrowth, ecological unequal exchange, Green New Deal, and embeddedness by applying theories situated within the fields of academic research of Ecological Economics and Political Ecology.
Due to the economic crisis of 2008/2009, households faced drastic decreases in their incomes, the availability of jobs. Additionally, the structure of the labour market changed, while austerity measures and public spending cuts left households with less support and safeguards provided by the state. How have these developments affected the burden of unpaid labour and what influence did this have on gender relations?
The first day of the workshop is intended to initiate students to the foundational concepts of ecological economics. Ecological economics is an ecological critique of economics, applying the energetics of life to the study of the economy. It also investigates the social distribution of environmental costs and benefits. It does so by deconstructing concepts that are taken for granted like “nature” or “the economy”, excavating their ideological origins.
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.
Der Klimawandel – beziehungsweise die Emission von Treibhausgasen – hat gegenläufige Effekte auf die gesellschaftliche Wohlfahrt. Einerseits emittieren wir Treibhausgase, um Wohlfahrt stiftende Aktivitäten auszuüben (Mobilität, Ernährung, Wärmeerzeugung etc.). Andererseits verändert die zunehmende THG- Konzentration klimatische Systeme, wodurch die Wohlfahrt der in der Zukunft lebenden Menschen beeinträchtigt wird. Klimaökonom*innen gehen der Herausforderung nach, die beiden Effekte zu quantifizieren und zu bestimmen, wie viele Treibhausgase zu welchem Zeitpunkt in der Zukunft emittiert werden sollten, damit die gesellschaftliche Wohlfahrt über mehrere Generationen hinweg maximiert wird.
The Austrian School of Economics is an intellectual tradition in economics and political economy dating back to Carl Menger in the late-19th century. Menger stressed the subjective nature of value in the individual decision calculus. Individual choices are indeed made on the margin, but the evaluations of rank ordering of ends sought in the act of choice are subjective to individual chooser.
Part I: Basic Economic Problems Is Economics a Science? Is It Useful? (Lawrence Boland, Ian Parker) Is There Such a Thing as a Free Market? (William Watson, Robert Prasch) Part II: Consumers and Firms Is Homo Economicus an Appropriate Representation of Real-World Consumers? (Joseph Persky, Morris Altman) Is the Consumer Sovereign?
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.
In this essay the author reviews empirical studies in economics that analyze factors behind the rise of nationalist and populist parties in Western countries. He stresses that economic factors (e.g., trade shocks and economic crisis) play a crucial role in the rise of populist parties; however, the discussion of mechanisms driving this trend remains unsatisfying
The Learning Economy and the Economics of Hope' brings together the most important contributions by an expert on policies, management and economics of innovation and knowledge. It offers original insights in processes of innovation and learning and it draws implications for economic theory and public policy. It introduces the reader to important concepts such as innovation systems and the learning economy.
Winner of the Nobel Prize in Economics
Get ready to change the way you think about economics.
Get ready to change the way you think about economics.
Nobel laureate Richard H. Thaler has spent his career studying the radical notion that the central agents in the economy are humans--predictable, error-prone individuals. Misbehaving is his arresting, frequently hilarious account of the struggle to bring an academic discipline back down to earth--and change the way we think about economics, ourselves, and our world.
Was ist Inflation? Warum ist sie relevant? Und gibt es eine einheitliche Theorie über ihre Wurzeln und Ursachen, oder ist sie ein umstrittenes Konzept? Genau darum geht es in diesem Text: Wir definieren, was Inflation eigentlich bedeutet, bevor wir uns mit einem interdisziplinären und pluralistischen Ansatz in die theoretische Debatte stürzen: Wie entsteht sie, welche Faktoren können sie beeinflussen, und was kann man dagegen tun?
Die Zeit, um den Klimakollaps allein mit marktkonformen Instrumenten abzuwenden, ist abgelaufen – jetzt helfen nur mehr Verbrauchsminderungen. Und durch eine Wegbesteuerung des desaströsen Überkonsums können zugleich die Mittel für den Aufbau einer regenerativen Infrastruktur verfügbar gemacht werden.
With the onset of an economic crisis that has been universally acknowledged since the end of March, two main questions arise: To what extent is the corona pandemic the starting point (or even the cause) of this crisis? And secondly: can the aid programmes that have been adopted prevent a deep and prolonged recession?
Angesichts der Ereignisstürme im gegenwärtigen Finanzgeschäft widmet sich Joseph Vogl den Wahrnehmungsweisen, Theorien und Problemlagen dessen, was man mit gutem Grund immer noch Kapitalismus nennen muss. Gerade Finanzmärkte gelten als das Marktgeschehen schlechthin: Unbelastet von den Beschwernissen der Produktion sind sie – für die herrschende ökonomische Doktrin – Schauplätze eines perfekten Wettbewerbs und idealer wirtschaftlicher Ausgleichprozesse: ein segensreiches Zusammenspiel von gewinnorientierten und also ebenso rationalen wie zuverlässigen Akteuren.
In ihrer jüngsten Zuspitzung hat die Finanzkrise zu einer Sklerose politischer Entscheidungsprozesse, zu einer regelrechten Krise des Regierens geführt: Von den hektischen Verhandlungen über die Rettung von Lehman Brothers im September 2008 bis zu den Diktaten europäischer Krisenpolitik haben Expertenkomitees, improvisierte Gremien oder : roikas9 die Regierungsgeschäfte übernommen und wurden ausschließlich durch außerordentliche Ereignisse und Ausnahmefälle legitimiert.
By conducting a discourse analysis (SKAD) in the field of academic economics textbooks, this paper aims at reconstructing frames and identity options offered to undergraduate students relating to the questions ‘Why study economics?’ and ‘Who do I become by studying economics?’. The analysis showed three major frames and respective identity offerings, all of which are contextualized theoretically, with prominent reference to the Foucauldian reflection of the science of Political Economy. Surprisingly, none of them encourages the student to think critically, as could have been expected in a pedagogical context. Taken together, economics textbooks appear as a “total structure of actions brought to bear upon possible action” (Foucault), therefore, as a genuine example of Foucauldian power structures.
What’s inflation? Why is it relevant? And is there an agreed theory about its roots and causes, or is it a contentious concept? That’s what this text is all about: We define what inflation actually means before we delve into the theoretical debate with an interdisciplinary and pluralist approach: What gives rise to it, what factors might influence it, and, consequently, what might be done about it?
Der Fokus der Institutionenökonomik liegt auf der Rolle von sozialen Institutionen, wie Verträgen, Gesetzen oder auch Verhaltensweisen, in der Produktion, der Verteilung und dem Konsum sowie auf den aus ihnen resultierenden sozialen Beziehungen.
This book tells the story of the search for disequilibrium micro-foundations for macroeconomic theory, from the disequilibrium theories of Patinkin, Clower and Leijonhufvud to recent dynamic stochastic general equilibrium models with imperfect competition.
This lively introduction to heterodox economics provides a balanced critique of the standard introductory macroeconomic curriculum. In clear and accessible prose, it explains many of the key principles that underlie a variety of alternative theoretical perspectives (including institutionalist economics, radical economics, Post Keynesian economics, feminist economics, ecological economics, Marxist economics, social economics, and socioeconomics).
The book deals with the financial instability hypothesis of Hyman P. Minsky and its application to current developments. The first part of the work summarizes the hypothesis and mentions works elaborating the hypothesis. The second part applies the hypothesis to the financial crisis 0f 2008/09.
Das globale Wirtschaftssystem bringt durch die Übernutzung der globalen Ressourcen und die Verschmutzung der Umwelt lebenswichtige Funktionen des Erdsystems in Gefahr. Dieser Artikel diskutiert Vorschläge einer grünen Ökonomie zu Lösung dieser ökologischen Krise und erläutert verschiedene Aspekte einer Kritik daran.
Readers of economic and political theory as well as students of economic planning will appreciate this classic, now available for the first time in English. Written eighty years ago, when Sorel became disillusioned with the official socialism of the German and French Marxist parties, this new translation presents Sorel's analysis of the rise and fall of the two great modern ideologies: socialism and liberal capitalism.
Thinking in Systems, is a concise and crucial book offering insight for problem solving on scales ranging from the personal to the global. Edited by the Sustainability Institute's Diana Wright, this essential primer brings systems thinking out of the realm of computers and equations and into the tangible world, showing readers how to develop the systems-thinking skills that thought leaders across the globe consider critical for 21st-century life.
Gender Development and Globalization is the leading primer on global feminist economics and development. Gender is a development issue because social considerations are not easily incorporated into institutions such as policies, regulations, markets and organizations. This process is often referred to as the mainstreaming of gender in development institutions.
This essay suggests to bring together two aspects of economic thought which so far have developed largely separately: degrowth and feminist economics. In this strive, the concept of care work and its role in feminist economics will be introduced and the downsides of the commodification of care work will be discussed. Subsequently, contributions to the discussion on the (re)valuation of care work will be taken into account.
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