Institutional economics focuses on the role of social institutions in terms of laws or contracts, but also those of social norms and patterns of human behaviour that are connected to the social organisation of production, distribution and consumption in the economy. Institutionalist Economics     Complexity economics and institutional economics are complementary approaches to studying the economy. They can pool their methods and foundational theories to explain the mechanisms that underlie economies. 2017 Level: leicht The complimentary relationship between institutional and complexity economics Claudius Gräbner Munich personal RePEc archive https://mpra.ub.uni-muenchen.de 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). 2020 Level: leicht Synthetic Control Method for Estimating the Effect of the Climate Change Act of 2008 in Britain Aaron Morales Shildrick Pluralist Economics Fellowship Technical change, defined as the manufacture and modification of tools, is generally thought to have played an important role in the evolution of intelligent life on earth, comparable to that of language. In this volume, first published in 1983, Jon Elster approaches the study of technical change from an epistemological perspective. 1983 Level: mittel Explaining Technical Change Jon Elster CUP Archive In this blog article Steve Keen elaborates on flawed climate change modelling and mainstream economics forecasts. In specific, he stresses the climate change forecasts of the DICE model (“Dynamic Integrated model of Climate and the Economy”) by Nobel Memorial Prize in Economic Sciences winner William Nordhaus. 2019 Level: mittel The Cost of Climate Change Steve Keen Evonomics Exploring Economics, an open-access e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods. 2020 Level: mittel Impact of FDI on economic growth: The role of country income levels and institutional strength Tamar Baiashvili, Luca Gattini European Investment Bank 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 Ayuba Yahaya Karatu Exploring Economics Why is it that some countries become rich while others remain poor? Do markets require regulation to function efficiently? If markets offer an efficient way of exchanging goods, why do individuals even create firms? 2019 Level: leicht Institutional Economics - An Introduction Voigt, Stefan Cambridge University Press In a changing world that has been shaken by economic, social, financial, and ecological crises, it becomes increasingly clear that new approaches to economics are needed for both theoretical and empirical research; for applied economics as well as policy advice. 2018 Level: mittel Policy Implications of Recent Advances in Evolutionary and Institutional Economics Claudius Grabner, Torsten Heinrich, Henning Schwardt Routledge In this interview, Daron Acemoğlu provides a definition of institutions as rules that govern how individuals interact and speaks about social, political and economic institutions. He furthermore presents his view on bad or good institutions and the importance of the latter. The video is part of a larger interview, where he elaborates his perspective on differing prosperities of states and the relation between growth and democracy. 2009 Level: leicht Institutional Economics - Rethinking the Wealth of Nations Daron Acemoğlu Fondazione Eni Enrico Mattei This lecture was held in the context of the a two day conference called Which pluralism for thinking about how to achieve a more sustainable and resilient economy The practices institutions and system logics of today s economy are not suitable for appropriately addressing fundamental human needs The climate crisis … 2021 Level: leicht Hammers, Nails and New Constructions - Orthodoxy or Pluralism: An Institutional View Frederic B. Jennings Jr. Conference "Which Pluralism?" In this TED Talk, the behavioral economist Dan Ariely explain how changing our environment could change our behavior and how this connects with how we think about economics, through simple but powerful examples. 2019 Level: leicht How to change your behavior for the better Dan Ariely TED The climate crisis is not primarily a problem of ‘believing science’ or individual ‘carbon footprints’ – it is a class problem rooted in who owns, controls and profits from material production. As such, it will take a class struggle to solve. In this ground breaking class analysis, Matthew T. Huber argues that the carbon-intensive capitalist class must be confronted for producing climate change. 2022 Level: leicht Climate Change as Class War Matthew T. Huber Verso Books Dani Rodrik, Professor of International Political Economy at Harvard's Kennedy School of Government, is teaching in this online session about the global rules under which the modern (free trade-focused) type of globalization operates and why, under such institutions, international community fails to deal with the climate change and pandemics. 2020 Level: leicht Pandemics, Climate Change, and Global Economics: Where Did We Go Wrong in Globalization? Dani Rodrik Harvard Kennedy School 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 … Level: leicht Global Social Change Smitha Radhakrishnan Wellesley College UBC's Henry Siu, a professor at the Vancouver School of Economics, speaks about innovation in economics, technological progress and what it means for the fut... 2018 Level: leicht Understanding technological change Henry Siu UBC at Vancouver School of Economics 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. 2021 Level: mittel NextGen Central Banking: Central Banking and Climate change - A new era of monetary financing? Finanzwende e.V. & Heinrich-Böll-Stiftung, Sylvie Goulard, Daniela Gabor, Frank van Lerven Transformative Responses, Heinrich-Böll-Foundation & Finanzwende Evolutionary economics focuses on economic change. Hence processes of change such as growth, innovation, structural and technological change, as well as economic development in general are analysed. Evolutionary economics often gives emphasis to populations and (sub-)systems. Evolutionary Economics     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. Institutionenökonomik     This article examines the spread of financialization in Germany before the financial crisis. It provides an up-to date overview on the literature on financialization and reviews which of the phenomena typically associated with financialization have emerged in Germany. In particular, the article aims to clarify how the prevailing institutional structure and its changes had contributed to or had countervailed the spread of financialization and how it had shaped the specific German variant of financialization. For this end, it combines the rich literature on Germany's institutional structure with the more macroeconomic oriented literature on financializaton. With the combination of those different perspectives the article sheds light on the reasons for the spread of financialization and the specific forms it has taken in Germany. 2019 Level: leicht Financialization made in Germany: A review Daniel Detzer Institute for International Political Economy Berlin In this 5 weeks online course, the Global Change Institute from the University of Queensland explains different types of climate change policies, the economic theory at their basis and the possible output. Starting from the fundamentals of carbon and climate change policies, and how they have been applied worldwide, the course aims to teach fundamental skills to move towards a low carbon economy. 2018 Level: mittel MOOC: Essential tools for the low carbon economy The Global Change Institute from the University of Queensland n.a. Aim of this intensive workshop is to understand macroeconomic workings of climate change as as the background of sustainable finance; to analyse financial assets with ESG (Environmental, Social and Governance) criteria attached to them and their markets and important institutional players; to develop a critical perspective on the current setup of sustainable finance; and to synthesise this knowledge by applying it on in-depth case studies. 2020 Level: leicht Sustainable Finance Anne Löscher Summer Academy for Pluralist Economics In order to address discrimination, we must understand and address its fundamental basis of systemic oppression. Stratification economics goes beyond myopic mainstream conceptualisations of discrimination and recognises the historical, institutional, and structural factors that create and maintain socioeconomic disparities and hierarchies. To critically approach the economics of discrimination, this workshop will focus on stratification economics, a systematic and empirically grounded approach to addressing intergroup inequality (Darity, 2005). Focusing on racial discrimination, we will discuss the core elements of stratification economics, critically evaluate its relevance, and apply these understandings to construct case studies and solutions for change. In our discussions, we will consider an array of topics, including intersecting oppressions, reparative justice, and the role of knowledge production in overcoming injustice and creating a better world. 2022 Level: leicht Economics of Discrimination Tanita Lewis Summer Academy 2022 for Pluralist Economics How can we establish new institutions and practices in order to use fare-free public transport as a beacon for sustainable mobility and a low-carbon lifestyle? The author of this essay elaborates on how practice theory and institutional economics can help to answer this question. 2018 Level: mittel Towards a practice of fare-free sustainability Roxana Erath Exploring Economics Transition from central planning to a market economy, involving large-scale institutional change and reforms at all levels, is often described as the greatest social science experiment in modern times. 2013 Level: mittel Handbook of the Economics and Political Economy of Transition Paul Hare, Gerard Turley Routledge A central question in development economics literature is, “Why do countries stay poor?” The key disagreements are whether the lack of economic growth stems from institutions or from geography (Nunn 2009). From an institutional perspective, hostile tariff regimes and commodity price dependencies form a barrier to a sectoral shift that would otherwise lead to economic development in developing countries (Blink and Dorton 2011) (Stiglitz 2006).[i] 2020 Level: leicht Trade Barriers to Development explored through various lenses Johannes M. Halkenhaeusser Pluralist Economics Fellowship We live in a world that is increasingly difficult to understand. It is not just changing: it is metamorphosing. Change implies that some things change but other things remain the same capitalism changes, but some aspects of capitalism remain as they always were. Metamorphosis implies a much more radical transformation in which the old certainties of modern society are falling away and something quite new is emerging. 2017 Level: mittel The Metamorphosis of the World Ulrich Beck Wiley Along with addressing core conceptual issues in defining heterodox economics, we will cover in some detail five heterodox traditions in economics: Marxian Economics, Institutional Economics, Post-Keynesian Economics, Feminist Economics, and Ecologi-cal Economics. In the first class meeting, we discuss the structure and goals of the course, as well as the expectations and requirements from the students. In addition, we will discuss the concept of heterodoxy in economics, along with discussing the concepts and key issues in mainstream and neoclassical economics. 2020 Level: mittel Heterodox Economics Alyssia Schneebaum Exploring Economics 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 Zeynep M. Nettekoven and Izaskun Zuazu Exploring Economics Understanding Capitalism: Competition, Command, and Change is an introduction to economics that explains how capitalism works, why it sometimes fails, and how it undergoes and brings about change. It discusses both the conventional economic model and the role of power in economic interactions. 2017 Level: leicht Understanding Capitalism Samuel Bowles, Frank Roosevelt, Richard Edwards, and Mehrene Larudee Oxford University Press On July 2020 ZOE-Institute published a unique platform for transformative policymaking: Sustainable Prosperity. Building on insights from new economic thinking the platform provides knowledge about ideas, arguments and procedures that support effective promotion of political change. It aims to strengthen change makers in public policy institutions, who are working on an ambitious green and just transition. As such, it provides convincing arguments and policy ideas to overcome the reliance of economic policy on GDP growth Level: leicht Sustainable Prosperity   ZOE The volume has been conceived with current and future economics students in mind: they will be the economists of the future. One of the main ideas underlining the book is that "being an economist" in the XXI century requires a radical change in the training of economists and such change requires a global effort. 2014 Level: mittel The Economics Curriculum Maria Alejandra Madi, Jack Reardon College Publications