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Der Politologe Ingo Stützle bemüht sich um eine marxistische Kritik an der Modern Monetary Theory. Zwar stellt er einige valide Kritikpunkt heraus – etwa die mangelnde Berücksichtigung von Machtverhältnissen. Doch ist seine Gegendarstellung kaum weniger machtblind. Eine Kritik von Malte Kornfeld. 2024 Level: mittel MMT-Kritik unter Vorbehalt Malte Kornfeld Makroskop This article outlines the fundamental challenges of democratically planned economies and categorises proposed models into six groups, each of which approaches planning and coordination at different levels of authority and between myriad economic units in a particular way, taking into account efficiency as well as democratic principles and environmental and social sustainability. Through a classification system based on decision-making authority and mediation mechanisms, the article provides a framework for understanding and comparing these models. By examining their different approaches, it offers insights into the complexities and potential paths of democratically planned economies in the 21st century. 2024 Level: leicht Rethinking Democratic Economic Planning: An Overview Jakob Heyer Exploring Economics Behavioural economics deals with observing behaviour and economic decision making behaviour. Behavioral Economics     This book introduces 40 critical pointers for those who wish to see the theory in a broader, more realistic context. The material is suitable for introductory and intermediate courses and can be included selectively by students for additional reading or in lectures or tutorials as discussion points. "Students of mainstream economics need a guide like this to help them understand the underlying assumptions, limitations and inbuilt biases of what they are studying. It helps them open their eyes to a broader view of how real economies work." 2016 Level: mittel 40 Critical Pointers for Students of Economics Stuart Birks College Publications Economists like to base their theories on individual decision making. Individuals, the idea goes, have their own interests and preferences, and if we don’t include these in our theory we can’t be sure how people will react to changes in their economic circumstances and policy. While there may be social influences, in an important sense the buck stops with individuals. Understanding how individuals process information to come to decisions about their health, wealth and happiness is crucial. You can count me as someone who thinks that on the whole, this is quite a sensible view. 2020 Level: leicht Decision by Sampling, or ‘Psychologists Reclaim Their Turf’ Cahal Moran Rethinking Economics In this course you'll learn about the tools used by scientists to understand complex systems. The topics you'll learn about include dynamics, chaos, fractals, information theory, self-organization, agent-based modeling, and networks. Level: mittel Introduction to Complexity Melanie Mitchel, Santiago Guisasola Santa Fe Institute Beyond Neoclassical Economics is a remarkable new introduction to the main heterodox schools of economic thought which examines their main concepts and their critiques of mainstream theory. 1996 Level: leicht Beyond Neoclassical Economics Fred E. Foldvary Edward Elgar Economic theory is currently at a crossroads, where many leading mainstream economists are calling for a more realistic and practical orientation for economic science. Indeed, many are suggesting that economics should be reconstructed on evolutionary lines.
This book is about the application to economics of evolutionary ideas from biology.
1996 Level: mittel Economics and Evolution Geoffrey Martin Hodgson University of Michigan Press
In a capitalist system, consumers, investors, and corporations orient their activities toward a future that contains opportunities and risks. How actors assess uncertainty is a problem that economists have tried to solve through general equilibrium and rational expectations theory. Powerful as these analytical tools are, they underestimate the future's unknowability by assuming that markets, in the aggregate, correctly forecast what is to come. 2016 Level: mittel Imagined Futures Jens Beckert Harvard University Press The volume, released by YSI’s Economic Development Working Group, comprises interviews with 13 scholars from around the world who express a variety of viewpoints on the meaning and relevance of dependency theory in today’s context. 2017 Level: mittel Dialogues on Development Ushehwedu Kufakurinani, Ingrid Harvold Kvangraven, Frutuoso Santanta, Maria Dyveke Styve (ed.) Young Scholar Initiative This edited volume presents a collection of articles that engage with various concepts from Marx’s Capital and Marxian theory in general, from a ‘Southern’ perspective. The book engages with four specific themes: “Reception of Capital in the East; Value, Commodity, Surplus Value and Capitalism; Population and Rent in Capital; and Issues Beyond Capital”. 2019 Level: leicht ‘Capital’ in the East Achin Chakraborty, Anjan Chakrabarti, Byasdeb Dasgupta, Samita Sen Springer Nature The notion that the demand and supply side are independent is a key feature of textbook undergraduate economics and of modern macroeconomic models. Economic output is thought to be constrained by the productive capabilities of the economy - the ‘supply-side' - through technology, demographics and capital investment. In the short run a boost in demand may increase GDP and employment due to frictions such as sticky wages, but over the long-term successive rises in demand without corresponding improvements on the supply side can only create inflation as the economy reaches capacity. In this post I will explore the alternative idea of demand-led growth, where an increase in demand can translate into long-run supply side gains. This theory is most commonly associated with post-Keynesian economics, though it has been increasingly recognised in the mainstream literature. 2020 Level: leicht It’s Demand All the Way Down Cahal Moran Rethinking Economics This module examines current socio-political issues through the lens of pluralism, that is pluralism of theory, pluralism of method and interdisciplinary pluralism 2020 Level: leicht Pluralist Economic Analysis Sophia Kuehnlenz Manchester Metropolitan University Anwar Shaikh explores alternative economic explanations, emphasizing 'real competition' theory and the role of imperfections in economic patterns. 2017 Level: mittel Capitalism: Competition, Conflict, Crisis Anwar Shaikh The New School for Social Research Feminist economics critically analyzes both economic theory and economic life through the lens of gender, and advocates various forms of feminist economic transformation. In this course, we will explore this exciting and self-consciously political and transformative field. 2015 Level: leicht Feminist Economics Professor Julie Matthaei (Wellesley College) Wellesley College p>Twenty-first-century economists will have to understand and improve a post-Cold War world in which no single economic theory or system holds the key to human betterment. Heterodox economists have much to contribute to this effort, as a wave of pluralism spawns new lines of research and new dialogues among non-mainstream economists. 2008 Level: mittel Future Directions for Heterodox Economics John T. Harvey, Robert F. Garnett, Robert F. Garnett, Jr. University of Michigan Press In this book the author develops a new approach to uncertainty in economics, which calls for a fundamental change in the methodology of economics. It provides a comprehensive overview and critical appraisal of the economic theory of uncertainty and shows that uncertainty was originally conceptualized both as an epistemic and an ontological problem. 2017 Level: mittel Uncertainty in Economics Julia Köhn Springer International Publishing The Austrian tradition in economic thought had a profound influence on the development of post-war economics including neoclassical orthodoxy, game theory, public choice, behavioral economics, experimental economics and complexity economics. 2008 Level: mittel Explorations in Austrian Economics Roger Koppl Emerald Group Publishing 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. 2014 Level: schwer Transforming Modern Macroeconomics Backhouse, Roger; Boianovsky, Mauro Cambridge University Press 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. 2022 Level: mittel Financial Capital in the 21st Century Achim Szepanski Springer Nature This course teaches basic concepts relevant in political economy. Topics include the contractual nature of the state, public versus private goods, property rights and economic externalities, the logic of collective action and social choice theory. It also refers to the fundamentals of political philosophy, bringing two ideas of liberty into the picture. The relevance and limitations of the economic approach to the study of law and politics are then discussed. Level: mittel State, Law and the Economy Prof. Y.C. Richard Wong n.a. More Heat Than Light is a history of how physics has drawn some inspiration from economics and also how economics has sought to emulate physics, especially with regard to the theory of value. It traces the development of the energy concept in Western physics and its subsequent effect upon the invention and promulgation of neoclassical economics. 1991 Level: mittel More Heat Than Light Philip Mirowski Cambridge University Press This book gives a very clear overview of the history of Macroeconomics and how it has evolved. It reflects on the different perspectives and debates that have defined the field, with valuable insight into the history and theory of economic policy. 2005 Level: mittel Modern Macroeconomics Brian Snowdon and Howard Vane E. Elgar Despite some diversification modern economics still attracts a great deal of criticism. This is largely due to highly unrealistic assumptions underpinning economic theory, explanatory failure, poor policy framing, and a dubious focus on prediction. Many argue that flaws continue to owe much of their shortcomings to neoclassical economics. 2015 Level: leicht What is Neoclassical Economics? Morgan, Jamie Routledge This brief but comprehensive account of the Post Keynesian approach to economic theory and policy is ideal for advanced undergraduate and postgraduate students in economics, public policy and other social sciences. Clear, non-technical and with a strong policy focus, it will also appeal to all of those who are dissatisfied with mainstream economics and wish to explore the alternatives. 2015 Level: mittel Advanced Introduction to Post Keynesian Economics John Edward King Edward Elgar Publishing In economics the dominant framework for exploring the structure of market economies is provided by the neoclassical school of thought. This text aims to show how neoclassical theory is used to model market mechanisms, both in particular markets and in the market economy as a whole. 2001 Level: mittel Microeconomics - Neoclassical and Institutionalist Perspectives on Economic Behaviour Himmelweit, Susan; Simonetti, Roberto; Trigg, Andrew B. Cengage Learning 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     an interactive guide to the game theory of why & how we trust each other 2017 Level: leicht The Evolution of Trust Nicky Case ncase.me 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. 2020 Level: leicht The ‘How Firms Work’ Approach to How Firms Work Cahal Moran Rethinking Economics Renowned scholars elaborate a critique on neoclassical economics and how it was unable to predict and even favoured the financial crisis. They refer to DSGE models, equilibrium theory and rational agents – a brief insight in the critique on neoclassic economics. 2012 Level: leicht Financial Instability Mini-Documentary Joseph Stiglitz, Gillian Tett, David Tuckett, Stephen Kinsella, John Kay, David Weinstein, Steve Keen and Dirk Bezemer INET 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. 2011 Level: leicht Tax Havens - Investigating International Finance   New Economics Foundation 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. 2012 Level: leicht Capital controls - Investigating International Finance, Episode 2   New Economics Foundation

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