How exactly are persisting social inequalities and the operations of modern finance connected? Adam Tooze provides a detailed answer to a still relevant problem by focusing on the Great Financial Crisis and the role of the finance industry in the USA.
„Wirtschaft neu denken“ umfasst 20 Rezensionen aktuell einflussreicher Lehrbücher und zeigt: Viele Standardwerke blenden wissenschaftliche und gesellschaftliche Kontroversen systematisch aus und stellen wirtschaftliche Zusammenhänge, die seit jeher in hohem Maße komplex und umstritten sind, als scheinbar objektive Gesetzmäßigkeiten dar.
How long the COVID-19 crisis will last, and what its immediate economic costs will be, is anyone's guess. But even if the pandemic's economic impact is contained, it may have already set the stage for a debt meltdown long in the making, starting in many of the Asian emerging and developing economies on the front lines of the outbreak.
Many economists refer to economic growth as a cake that is supposed to grow for the benefit of all.
Is degrowth bad economics To properly answer this question it is essential to understand what economic growth really is The term growth is often associated with an increase in wealth a term loosely defined but according to the degrowth movement economic growth is a narrower concept only describing an increase …
This section includes selected content from Post-Colonialisms Today - a research and advocacy project recovering insights from the immediate post-independence period in Africa, and mobilizing them through a feminist lens to address contemporary challenges. You will find additional content at postcolonialisms.regionsrefocus.org.
Immanuel Wallerstein provides a concise and accessible introduction to the comprehensive approach that he pioneered thirty years ago to understanding the history and development of the modern world.
Nature and communities in the global south is being overwhelmed at a shocking rate. In many places this is due to ventures such as large-scale open-pit mining, oil extraction in tropical areas, and the spread of monocultures. These and other such forms of natural resource appropriation are usually known as extractivisms.
"Despite the rediscovery of the inequality topic by economists as well as other social scientists in recent times, relatively little is known about how economic inequality is mediated to the wider public of ordinary citizens and workers. That is precisely where this book steps in: It draws on a cross-national empirical study to examine how mainstream news media discuss, respond to, and engage with such important and politically sensitive issues and trends.
Improving Decisions About Health Wealth and Happiness Now available Nudge The Final Edition The original edition of the multimillion copy New York Times bestseller by the winner of the Nobel Prize in Economics Richard H Thaler and Cass R Sunstein a revelatory look at how we make decisions for fans …
A previously unpublished collection of Rodney's essays on Marxism, spanning his engagement with of Black Power, Ujamaa Villages, and the everyday people who put an end to a colonial era
This lecture acts as an introduction to the Macroeconomics course (ECON 720) at John Jay College. Throughout the lecture, the classical and Keynesian conceptions of macroeconomic relationships are contrasted.
Whiteness is a process of learning: one is not born white, but becomes one. In this rich and compelling volume, Sriprakash, Rudolph and Gerrard offer a meticulous (and eye-opening) reading of educational experiences and structures that endorse systemic racism.
The book’s central theme is to develop a new theory of speculative capital related to other forms of capital, the world market, and the state. Unlike most marxist and heterodox theories, the book distinguishes credit and fictitious capital from speculative capital to show its hegemony today in the capital markets.
In the second video of the series Investigating International Finance, an alternative view on capital controls is given contrasting with the paradigm of classical trade theory which suggests that the removal of trade and capital barriers is associated with higher market efficiency. After explaining the conceptual mechanisms underlying capital controls, examples are introduced where countries actually apply capital controls and how these controls have been associated with a lesser exposure to international financial crises spillovers.
In the second video of the series Investigating International Finance, an alternative view on capital controls is given contrasting with the paradigm of classical trade theory suggesting that the removal of trade and capital barriers is associated with higher market efficiency. After explaining the conceptual mechanisms underlying capital controls, examples are introduced where countries actually apply capital controls and how these controls have been associated with a lesser exposure to international financial crises spillovers.
Steve Keen discusses DSGE modeling and microfoundations by asking the question if it is ideologically possible to derive macroeconomics from microeconomics.
Snow removal, ambulance transport, and school performance -the film aims at illustrating the principles of gender mainstreaming through concrete examples.
Why current definitions of family income are misleading, and why this matters for measures of inequality
What is “equitable growth” and how do we measure it? A better understanding of equitable growth—and how to measure it—can improve our understanding, inform decisions and lead to better outcomes for all.
This presentation looks at the basic idea of Marxism, specifically the conflict between the different classes in society.
Robert Costanza briefly present various methods of environmental valuation, and talks about the changes in the global value of ecosystem services. He then introduces the major ecosystem services, and how different methods of valuation affect the preferred policies to address environmental issues.
Quinn Slobodian a historian of modern Germany and international history analysis of current development in the Mont Pèlerin Society and therefore neo-liberalism. He sees neo-liberalist thinkers less as believers in the self-healing power of markets, but more as ordo-liberal Globalists who wanted to protect the markets from post-war politics and especially mass democracy. Their goal of global capitalism is still strong, however sceptics in the Mont Pèlerin Society are rising, which see international migration as a threat to Globalisation. Therefore, turning neo-liberal policies away from international institutions like the EU back towards the national states as new defenders of the markets as well as international trade and investments. (A development which can be seen in the Friedrich A. von Hayek-Gesellschaft and especially in the "liberal" wing of the German rightwing populist party AfD)
Inequality is an issue we all face every day, from income disparities to gender discrimination. In this first lecture in the Institute for New Economic Think...
Auf dieser Seite ist eine Übersicht der FGW-Impulse für Neues Ökonomisches Denken zu finden.
A stock-flow-fund ecological macroeconomic model
In this interview Mariana Mazzucato talks about economic actions governments need to take facing the Corona-crisis. Using the example of Britain, she argues that governmental bailouts need to be bound to commitment to sustainability.
In this podcast 'How Economic Theory and Policy Reinforce Racism' William Spriggs, the AFL-CIO’s chief economist, discusses the inadequacies of the pandemic economic rescue package and the influence of mainstream economic theory. He further explores how mainstream economic theory continues to fail everyone, especially Black communities, by disregarding history.
These notes aim to clarify some basic features and implications of gross capital flows In the context of the 2007 08 Global Financial Crisis and the 2010 12 Eurozone Crisis trade imbalances and capital flows received a lot of attention from academics policymakers and the media However there is still …
A detailed introduction into dependency theory that rethinks its relevance to modern development challenges.
A remarkable and insightful tribute into the works of late Malawian development economist, Professor Thandika Mkandawire. Must read for anyone looking to broaden their scope of understanding development as it relates to the African continent.
There was a time when the world still seemed a good and above all simple place for monetary authorities Every few weeks they had to decide whether in view of the latest price developments it would be better to raise the key interest rates by a quarter point or not …
As the global economic landscape evolves, demographics shift, inequality expands, climate change gets worse and technology continues to advance at breakneck speed, Gross Domestic Product (GDP) is struggling to stay relevant.