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Having dissected what's supposedly wrong with contemporary macroeconomics, Steve Keen, on the leading critics of the mainstream of our times and distinguished economist himself, goes on to present his idea of a New Economics: What premises it should build on, what methods it should use, and yes, what purpose it should serve.
This book demonstrates the continuing relevance of economics for understanding the world, through a restatement of the importance of plurality and heterodox ideas for teaching and research.
Mainstream textbooks present economics as an objective science free from value judgements; that settles disputes by testing hypotheses; that applies a pre-determined body of principles; and contains policy prescriptions supported by a consensus of professional opinion.
Podcast series with six 12-minute parts introducing the the values and ideas behind our neoliberal economic system: where it came from, how it spread, and how we could do things differently.
'Impressive... provides a very good compendium of what are usually classified as "heterodox" development economics... an excellent volume.' Journal of International Development This important new collection tackles the failure of neoliberal reform to generate longterm growth and reduce poverty in many developing and transition economies.
John Harvey's accessible book provides a non-technical yet rigorous introduction to various schools of thought in economics. Premised on the idea that economic thinking has been stunted by the almost complete rejection of anything outside the mainstream, the author hopes that this volume will open readers' minds and lead them in new and productive directions.
The models of portfolio selection and asset price dynamics in this volume seek to explain the market dynamics of asset prices. Presenting a range of analytical, empirical, and numerical techniques as well as several different modeling approaches, the authors depict the state of debate on the market selection hypothesis.
Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself.
Are there distinct European traditions in economics? Is modern economics homogenous and American? The volume includes case studies of the UK, Sweden, the Netherlands, Belgium, Germany, France, Italy, Portugal, Spain and Greece.
David Graeber introduces different concepts such as money and debt. He takes a historical and anthropological way of explaining the origin. This breaks with the mainstream explanation, which is used in many Economics textbooks, saying that a barter economy was before money arose.
A Plan to Save the Future from Extinction Climate Change and Pandemics A plan to save the earth and bring the good life to all In this thrilling and capacious book Troy Vettese and Drew Pendergrass challenge the inertia of capitalism and the left alike and propose a radical plan …
This classic text offers a broader intellectual foundation than traditional principles textbooks. It introduces students to both traditional economic views and their progressive critique.
The Trialogue is a podcast about combining historic ideas of the high-culture of the Inca and modern problems. The three authors each put their own perspectives of the topic and show insights into their actual view of economics.
Planet Money and The Indicator aim to explain current economic events in an easy, fun and accessible manner.
Have you ever thought about the role of civil society and the evolution of economy in one breath? This one hour long interview of Daron Acemoğlu (MIT) and Martin Wolf (Financial Times) by Rethinking Economy NL gives you much inspiration for it.
An increasing number of older women are facing uncertain economic futures. The Women in Economics Network (WEN) in Australia hosted a webinar to explore the emerging situation and public policy responses that can reduce the number of older women at risk of experiencing poverty and homelessness.
Economics is a broad and diverse discipline, but most economics textbooks only cover one way of thinking about the economy. This book provides an accessible introduction to nine different approaches to economics: from feminist to ecological and Marxist to behavioural.
After long-time negligence, the Global South and the North-South divide are back on the agenda of development economics again. This book is a neat, accessible introduction into the topic, covering both the current situation and potential remedies from different points of view.
Croatia adopted the euro as its currency on 1 January 2023, becoming the 20th member state of the eurozone. In this teaching pack, students learn what it entails to join the eurozone and discuss what its effects might be. In this way, the case helps students connect theoretical insights about monetary unions with real world knowledge and economic developments in the news.
Photo by Alina Grubnyak on Unsplash Networks are ubiquitous in our modern society The World Wide Web that links us to and enables information flows with the rest of the world is the most visible example It is however only one of many networks within which we are situated Our …
In this clear and accessible book, an eminent political scientist offers a jargon-free introduction to the market system for all readers, with or without a background in economics
This book is intended as a textbook for a course in behavioural economics for advanced undergraduate and graduate students who have already learned basic economics. The book will also be useful for introducing behavioural economics to researchers. Unlike some general audience books that discuss behavioural economics, this book does not take the position of negating traditional economics completely.
In this keynote speech, Roger Backhouse gives a historical overview of theories on secular stagnation: how it evolved from a description of the economic situation, especially in the U.S. of the 1930s to an analytical tool and then lost importance until its current revival. Backhouse touches upon the contributions of J. A. Hobson, Alvin Hansen, Evsey Domar and Paul Samuelson.
This historic timeline presents economic events, economic thinkers and schools of thought from the 18th century until the 2007/2008 financial and economic crisis with short texts on the respective event or perspective.
The main goal of this website is to make Economics less confusing. You can explore what the discipline of Economics is and could be. Learn about basic Economic terms and jargon.
Nathan Tankus created this series to introduce people outside of the inner financial circles of professionals, journalists and policymakers to the basic mechanisms and dynamics of monetary policy.
Sporting events can be seen as controlled, real-world, miniature laboratory environments, approaching the idea of “holding other things equal” when exploring the implications of decisions, incentives, and constraints in a competitive setting (Goff and Tollison 1990, Torgler 2009). Thus, a growing number of studies have used sports data to study decision-making questions that have guided behavioral economics literature.
Best-selling books such as Freakonomics and The Undercover Economist have paved the way for the flourishing economics-made-fun genre. While books like these present economics as a strong and explanatory science, the ongoing economic crisis has exposed the shortcomings of economics to the general public.
This is an introductory course into economics that navigates the intellectual history of political economy in a self-contained and non-technical manner. The course centres on the classical concept of political economy by emphasizing the moral and ethical problems that markets solve or may not solve.
Identity politics is everywhere, polarising discourse from the campaign trail to the classroom and amplifying antagonisms in the media. But the compulsively referenced phrase bears little resemblance to the concept as first introduced by the radical Black feminist Combahee River Collective.
The website contains a vast amount of information on the history of economic thought. It presents thinkers, their main works (and links to those works) and schools of thought which are sorted by political economy schools, neoclassical schools, alternative schools as well as thematic schools.
Teaching the public about lobbying and its effects on financial institutions that help run the economy in which we all live and use.
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