What is the working class under present circumstances and in particular in urban lives? David Harvey explains how the concept of the working class is still suitable for the current organization of work – even if working conditions changed, now being more service-oriented and diffused. Harvey further discusses how this diffused working class can organize via urban neighbourhoods. 2015 Level: leicht The Revolutionary Class Today David Harvey TV Boitempo In this keynote lecture during the conference „The Spectre of Stagnation? Europe in the World Economy“, Till van Treek presents research on how changes in income distribution lead to macroeconomic instability and crisis, focusing on currents accounts. Treek presents the relative income hypothesis in contrast to other mainstream and Post-Keynesian explanations. The relative income hypothesis proposes that aggregate demand increases and savings decrease with rising personal income inequality due to upward looking status comparison – but effects depend on the quantile where income inequality increases. Treek points to the importance of accounting for both income and functional income distribution and underlines his arguments with data comparing different pattern in Germany and the U.S. 2015 Level: schwer Macroeconomics of inequality & instability - Inequality, imbalances and the crisis Till van Treeck IMK How countries achieve long-term GDP growth is up there with the most important topics in economics. As Nobel Laureate Robert Lucas put it “the consequences for human welfare involved in questions like these are simply staggering: once one starts to think about them, it is hard to think about anything else.” Ricardo Hausmann et al take a refreshing approach to this question in their Atlas of Economic Complexity. They argue a country’s growth depends on the complexity of its economy: it must have a diverse economy which produces a wide variety of products, including ones that cannot be produced much elsewhere. The Atlas goes into detail on exactly what complexity means, how it fits the data, and what this implies for development. Below I will offer a summary of their arguments, including some cool data visualisations. 2020 Level: leicht GDP Growth: It’s Complicated Cahal Moran Rethinking Economics Feminist economics is a key component of the movement for pluralism in economics and one that has, to some extent, been acknowledged by the mainstream of the profession. It seeks to highlight issues which affect women because (it claims) they have not traditionally been recognised in a field dominated by men. On top of this, it seeks to carve out a space for women in the discipline, both for intrinsic reasons of fairness and diversity and because it means that women’s issues are more likely to be highlighted going forward. 2020 Level: leicht Why Feminist Economics is Necessary Cahal Moran Rethinking Economics In this famous article Michal Kalecki describes the three main reasons that push business leaders to reject the intervention of the government to ensure full employment i dislike of government interference in the problem of employment as such ii dislike of the direction of government spending public investment and subsidizsing … 1943 Level: leicht Political Aspects of Full Employment Michael Kalecki Political Quarterly Economic development is a process of continuous technological innovation and structural transformation. Development thinking is inherently tied to the quest for sustainable growth strategies. This book provides a neoclassical approach for studying the determinants of economic structure and its transformation and draws new insights for development policy. 2012 Level: mittel New Structural Economics Justin Yifu Lin World Bank Publications The world has changed dramatically in recent years and so has the field of economics, but many introductory economics textbooks have remained stuck in the past. This book provides a new beginning for the study of macroeconomics, fundamentally international in its approach and emphasizing current debates and research trends. 2014 Level: mittel Macroeconomics Dorman, Peter Springer-Verlag In this classic work of economic history and social theory, Karl Polanyi analyzes the economic and social changes brought about by the "great transformation" of the Industrial Revolution. 2001 Level: mittel The Great Transformation Karl Polanyi Beacon Press Adam Smith and Karl Marx recognized that the best way to understand the economy is to study the most advanced practice of production. Today that practice is no longer conventional manufacturing: it is the radically innovative vanguard known as the knowledge economy. 2019 Level: leicht The Knowledge Economy Roberto Mangabeira Unger Verso Books This book provides important insights into agrarian history and the economic and cultural meanings associated with land. 2019 Level: leicht The Cultural Economy of Land Suhita Sinha Roy Tulika Books The blog post by Marc Lavoie contrasts what he perceives as the two main interpretations of the current inflationary tendencies (the 'excessive demand inflation' story and the 'profit inflation' story) and contrasts them with a third interpretation. This interpretation acknowledes rising profits but argues in favor of a different mechanism that centers on changes in the relative composition of costs. 2023 Level: mittel Some controversies in the causes of the post-pandemic inflation Marc Lavoie Monetary Policy Institute Blog In this lecture, Beatrice Cherrier explains why it is worth to research the history of JEL codes. The changing relationship between theory and application and the rise and death of new economic topics in the XXth century through the successive revisions of the classification system economists use to publish, recruit and navigate their discipline. 2017 Level: leicht Understanding the transformation of Economics through the history of JEL codes Beatrice Cherrier Lecture series at the Ruhr-University Bochum In this interview, Elizabeth Currid-Halkett presents her view on how "the leisure class has been replaced by a new elite, and how their consumer habits affect us all". 2017 Level: leicht A Theory of the Aspirational Class Elizabeth Currid-Halkett (interview) YouTube Mariana Mazzucato explains how we lost sight of what value means and why we need to rethink our current financial systems so capitalism can be steered toward a bold, innovative and sustainable future that works for all of us. 2019 Level: leicht What is economic value, and who creates it? Mariana Mazzucato TedTalks Jens Beckert and Richard Bronk, authors of "Uncertain Times", explore the extent to which flaws, blind spots and more importantly bias created by macroeconomics models, based on forecasts and statistical devices, shape crisis and the market economy in which we live. 2018 Level: leicht Economics for Uncertain Times RSA Events, Jens Beckert and Richard Bronk RSA Events 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. 2019 Level: mittel Crashed: How a Decade of Financial Crises Changed the World Adam Tooze Paris School of Economics What determines the status of women in different communities? What role is played by women’s labor (inside and outside of the home)? By cultural norms regarding sexuality and reproduction? By racial/ethnic identity? By religious traditions? After some brief theoretical grounding, this course will address these questions by examining the economic, political, social, and cultural histories of women in the various racial/ethnic groups that make up the US today. 2017 Level: leicht Political Economy of Women Kimberly Christensen Sarah Lawrence College By the end of this course, students should understand the basic economic theories of the gender division of labor in the home and at the workplace, and theories of gender differences in compensation and workforce segregation. 2014 Level: leicht Economics of Gender (Woman in the U.S: Economy) Prof. Elaine McCrate University of Vermont Aim: to work out jointly with students a systematic perception of how the gender factor can impact on economic and demographic development. This course is pioneering: it is the first time that such a course has been introduced into the curriculum of a Russian higher educational institution with a focus on economics. Level: mittel Gender Economics I. E. Kalabikhina Lomonosov Moscow State University Photo by Kaitlyn Ashley on Unsplash The world is still feeling reverberations from the financial crisis of 2008 foreseen by neither politicians nor economists The history of capitalism has been punctuated by major crises exposing the fragility of our entire economic system How has capitalism despite these ruptures managed to … 2012 Level: leicht The Future of Capitalism Anatole Kaletsky n.a. From religious leaders to heads of state, everyone is talking about economic inequality. What form can such inequality take in different countries? What impact does it have on society? And why should it matter to you? Level: leicht Challenging Wealth and Income Inequality Jerome De Henau; Jonqil Lowe Open University Explore the pressing topic of globalisation and how it affects economics, politics and society with this online course. Level: leicht International Affairs: Globalisation Richard Baldwin Graduate Institute of International and Development Studies Geneva 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. 2003 Level: mittel Prelude to Political Economy Kaushik Basu Oxford University Press 'This Cambridge professor delights in paradox. And myth-busting . . . he does this with charm and a desire to see how things work in the real world' Guardian, 'In Praise of Ha-Joon Chang' In this revelatory book, Ha-Joon Chang destroys the biggest myths of our times and shows us the truth about how the world really works, including- there's no such thing as a free market. 2011 Level: mittel 23 Things They Don't Tell You about Capitalism Ha-Joon Chang Penguin This book represents a new foundation for the study of microeconomics, viewed from a broad perspective that takes into account new developments at the intersections with psychology, political science, the natural sciences and philosophy. 2014 Level: leicht Microeconomics. A fresh start Dorman, Peter Springer VS In the last half century, economics has taken over from anthropology the role of drawing the powerful conceptual worldviews that organize knowledge and inform policy in both domestic and international contexts. Until now however, the colonial roots of economic theory have remained relatively unstudied. This book changes that. 2004 Level: mittel Postcolonialism Meets Economics S. Charusheela, Eiman O. Zein-Elabdin Psychology Press In analyzing the global competition between Chinese and Indian tea, Andrew B. Liu challenges past economic histories premised on the technical “divergence” between the West and the Rest, arguing instead that seemingly traditional technologies and practices were central to modern capital accumulation across Asia. 2020 Level: mittel Tea War Andrew B. Liu Yale University Press International Economics, 15e continues to combine rigorous economic analysis with attention to the issues of economic policy that are alive and important today in this field. 2011 Level: mittel International Economics Pugel, Thomas A. McGraw Hill Book Co Is inflation just a number game or does it hold deeper societal implications? Join Isabella Weber (@UMass.Amherst) as she challenges traditional economic stances on inflation and delves into the social dimensions of pricing. Discover how context shapes our reactions to price hikes and why understanding this can be a game-changer. 2023 Level: leicht Sellers Inflation Isabella Weber New Economic Thinking 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. 2014 Level: mittel The Financial Instability Hypothesis of Hyman P. Minsky Michal Paulus LAP LAMBERT Academic Publishing In China's Gilded Age, Yuen Yuen Ang maintains that all corruption is harmful, but not all types of corruption hurt growth. Ang unbundles corruption into four varieties: petty theft, grand theft, speed money, and access money. 2020 Level: leicht China's Gilded Age Yuen Yuen Ang Cambridge University Press The world is still feeling reverberations from the financial crisis of 2008 foreseen by neither politicians nor economists The history of capitalism has been punctuated by major crises exposing the fragility of our entire economic system How has capitalism despite these ruptures managed to each time resurface more resilient and … Level: leicht The Global Financial Crisis Timothy Geithner; Andrew Metrick Yale University