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Industrial policy has been a central part of policy prescription by many heterodox schools arguably since mercantilism, but the theories behind it and types of policy advocated for have evolved over time. Recently some neoclassical economists have shown renewed interest in it, but is this mainstream acceptance a step back or a step forward from earlier heterodox ideas?
2021
Level: leicht
Industrial policy
Exploring Economics, an open-access e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
2015
Level: schwer
Socialist Calculation and Market Socialism
In this paper the main developments in post-Keynesian macroeconomics since the mid- 1990s will be reviewed. For this purpose the main differences between heterodox economics in general, including post-Keynesian economics, and orthodox economics will be reiterated and an overview over the strands of post-Keynesian economics, their commonalities and developments since the 1930s will be outlined. This will provide the grounds for touching upon three important areas of development and progress of post-Keynesian macroeconomics since the mid-1990s: first, the integration of distribution issues and distributional conflict into short- and long-run macroeconomics, both in theoretical and in empirical/applied works; second, the integrated analysis of money, finance and macroeconomics and its application to changing institutional and historical circumstances, like the process of financialisation; and third, the development of full-blown macroeconomic models, providing alternatives to the mainstream 'New Consensus Model' (NCM), and allowing to derive a full macroeconomic policy mix as a more convincing alternative to the one implied and proposed by the mainstream NCM, which has desperately failed in the face of the recent crises.
2012
Level: mittel
Post-Keynesian macroeconomics since the mid-1990s: Main developments
The background for the present elaboration is twofold firstly the ongoing debate about whether the Marxian theory of value has been damaged or even destroyed by the alleged impossibility of solving the transformation problem and secondly the fact that almost all of the later economic manuscripts of Marx are now …
2020
Level: mittel
A value-theoretic approach to economic dynamics and evolution—synthesizing different Marxian modules in a simulation model
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
This collection of videos offers a short introduction to ecological economics and its main differences with respect to environmental economics.
2021
Level: leicht
Short lectures on ecological economics
Looking for a pithy introduction into John Maynard Keynes's economic thinking? This BBC radio programme may be it.
2018
Level: leicht
Keynesianism: The Story Behind This Key Economic Theory
Is our system capable of energy transition and climate protection? How plural is economic policy in practice and who makes the big decisions? What kind of change do we want?
2021
Level: leicht
Energy and Climate Economics - Where do we come from and where do we have to go?
Many economists refer to economic growth as a cake that is supposed to grow for the benefit of all.
2021
Level: leicht
Social Limits to Growth
Recent events such as the Black Lives Matter protests the the murder of George Floyd in Minneapolis US and the toppling of the statue of Edward Colston in Bristol UK have exposed existing racism colonialism and sexism in our society and in Economics While calls to improve diversity in Economics …
2021
Level: leicht
Decolonising Economics in Practice
Ecologcial economics conceptualizes our society as embedded within the environment and our economic system as embedded within society and the environment.
2021
Level: leicht
Is ecological economics for rebels? Accounting for natural resources
The world is regularly shaken by crises some are bigger others are smaller in scope Local turmoil military conflicts commodity scarcity bank runs health threats the history of mankind can be written as a history of crises Three major global crises occurred in the last fifty years alone the oil …
2021
Level: leicht
Understanding Crises - What to take from here for better policy advice in the future?
Marx Reloaded is a cultural documentary that examines the relevance of German socialist and philosopher Karl Marx s ideas for understanding the global economic and financial crisis of 2008 09 The crisis triggered the deepest global recession in 70 years and prompted the US government to spend more than 1 …
2011
Level: leicht
Marx Reloaded
In this short video, John Holmwood problematizes Marxian Economics from a post-colonial perspective.
2021
Level: mittel
Marx: Colonialism, Class and Capitalism
This film looks at the role economic growth has had in bringing about this crisis, and explores alternatives to it, offering a vision of hope for the future and a better life for all within planetary boundaries.
2020
Level: leicht
Fairytales of Growth
The postcolonial critique of Economics is one of the sharpest and most comprehensive indictments of the discipline highlighting the discipline s limited treatment of power and culture and the incompatibility of the discipline s theoretical frameworks and predictions with the contexts of most formerly colonised territories This interview of Prof …
2021
Level: mittel
"Postcolonialism meets Economics" A Discussion with Prof. Eiman Zein-Elabdin
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
After completing the module, participants should be able to understand the economic consequences of gender inequality. They should be able to explain the contradictions between capital and care, analyze the labor market with a gender perspective and develop the ability to describe phenomena such as public policies taking into account "gender" as a category of analysis.
2021
Level: leicht
Feminist Economics
After completing the workshop in Post Keynesian Economics participants should be able to describe the main differences and similarities between PKE and other schools of thought.
2021
Level: leicht
Post Keynesian Economics
In this article, Tetteh Hormeku-Ajei and Camden Goetz discuss the ongoing impacts of colonialism on Africa’s natural resources.
2021
Level: leicht
A History of Resource Plunder
This episode from Odd Lost podcast with financial analyst Zoltan Pozsar features a discussion on the potential long-term financial effects of the Ukraine-Crisis on dollar and the global currency system centered around it.
2022
Level: mittel
Zoltan Pozsar on Russia, Gold, and a Turning Point for the U.S. Dollar
Drawing on Gramsci s Marxist Political Economy Mike Davis situates the War in Ukraine within the general condition of a crisis of capitalist hegemony The key argument is that the pathological and violent situation that we are finding ourselves in today is an expression of the inability of both global …
2022
Level: leicht
Thanatos Triumphant
The goal of this course is to explore these differences in economic outcomes observed among women and men, measured by such things as earnings, income, hours of work, poverty, and the allocation of resources within the household. It will evaluate women’s perspectives and experiences in the United States and around the world, emphasizing feminist economics.
Level: leicht
Economics of Gender
This course introduces students to the relevance of gender relations in economics as a discipline and in economic processes and outcomes.
2015
Level: leicht
Gender relations and Economics
This course is an introduction to Development Economics and is concerned with how economists have sought to explain how the process of economic growth occurs, and how – or whether – that delivers improved well-being of people.
2015
Level: mittel
Development Economics
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
The goal of the course is to deepen students’ understanding of the Latin American development experience by viewing it through a gender lens.
2014
Level: mittel
Gender in Latin American Development
The lecturer focuses on his own paper The Economic Limits of Bitcoin and Anonymous Decentralized Trust on the Blockchain analysing the innovation of cryptocurrencies particularly bitcoin and its economic credibility The innovator of cryptocurrency Satoshi Nakamoto incorporated an interesting combination of computer sciences and economics The paper argues the limitations …
2022
Level: leicht
The Economics of Cryptocurrencies
Asset Management firms control large parts of the global economy Just the three American asset management firms BlackRock Vanguard and State Street manage more than half of the combined value of all shares for companies in the S P 500 Their combined managed assets amount to 22 trillion May 2022 …
2022
Level: mittel
Asset Manager Capitalism
Mitch Jeserich interviews Professor Richard D Wolff a professor of economics at the New School University in New York City Prof Wolff presents an explanatory theory of how inflation occurs in an economy Briefly profit driven employers raise the price in order to maximize profits of private corporations they own …
2022
Level: leicht
Richard Wolff On Everything You Need to Know About Inflation
Green Growth has been increasingly discussed as a solution to the socio-ecological crisis. But can economic growth be sustainable at all?
2022
Level: leicht
Is Green Growth a myth?
In this teaching pack, we look at the acquisition of Twitter by Elon Musk. In particular, we focus on what it means to take a company private and how the deal was financed.
2022
Level: leicht
Musk buys Twitter

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