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The podcast explores the psychosocial implications of poverty in the society. Keetie Roelen investigates how the emotion of shame and policy-making are intertwined.
Ricardo Hausmann says the new industrial policy is an information revelation process about the state of possibilities, the nature of the obstacles and figuring out whether you can sort out the obstacles so that these new activities can take over.
In this talk Robert Skidelsky analyses how sociology did and could enrich economic analyses, but also how critical sociological insights have been colonised by mainstream economics.
Economics has long been the domain of the ivory tower, where specialized language and opaque theorems make it inaccessible to most people. That’s a problem.
In this series of webinars, several researchers face different topics related to Degrowth. Money, health, Green New Deal, Anarchism, and many more.
This article considers the strengths of agent-based modelling and the ways that it can be used to help central banks understand the economy. These models provide a complement to more traditional economic modelling which has been criticised in the wake of the Great Recession.
Tetteh Hormeku-Ajei, member of the Post-Colonialisms Today Working Group, provides insight on the history of primary commodity export dependence in Africa, and relates it to the difficulties African governments are facing finding necessary resources to tackle the COVID-19 pandemic.
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.
Understanding the American stock market boom and bust of the 1920s is vital for formulating policies to combat the potentially deleterious effects of busts on the economy.
Principles of Macroeconomics by Howard J. Sherman and Michael A. Meeropol differs from other texts in that this book stresses far more the inherent instability of the macro-economy.
For intermediate courses in economics. A Unified View of the Latest Macroeconomic Events Macroeconomics, Blanchard presents a unified, global view of macroeconomics, enabling readers to see the connections between goods, financial markets, and labor markets worldwide.
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.
In diesem Beitrag diskutiert Ingo Stützle die Modern Monetary Theory (MMT) kritisch aus einer an Marx orientierten Ökonomiekritik. Dabei wird argumentiert, dass die MMT zwar wichtige Fragen aufwirft, aber weder einen adäquaten Begriff von Geld noch von Kapitalismus hat, was mitunter zu Fehlschlüssen führt. Dabei ist der wesentliche Punkt, dass die MMT auf der Basis eines falschen Verständnisses von Geld die notwendige Begrenztheit staatlicher Verfügungs- und Gestaltungsmacht im Kapitalismus nicht versteht.
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 …
Course goals Learn about women men and work in the labor market and the household Learn to apply the tools of economic analysis to these topics and deepen understanding of these tools Develop the skills to think critically about gender issues including policy interventions Enhance understanding of how to analyze …
This invaluable volume brings together seminal articles with a significant behavioural content on various areas in macroeconomics.
In this short video behavioural economist, Dan Aerily talks about how our cognitive illusions will trick us into believing something that is otherwise deemed irrational by the homo economicus. It raises and probes into some very interesting questions that defy the neoclassical rational behaviour.
This Blog Post describes the U.S. federal reserve money system from the perspective of the Modern Monetary Theory (MMT). Therefore it presents a theory of money creation, gives simple examples how this influences the economy and the historical process of why the monetary system of the US has developed this way.
Neoclassical Economics imposed itself over the past decades as the core of mainstream economics, largely influencing academia and policy making.
This Perspective argues that ergodicity — a foundational concept in equilibrium statistical physics — is wrongly assumed in much of the quantitative economics literature. By evaluating the extent to which dynamical problems can be replaced by probabilistic ones, many economics puzzles become resolvable in a natural and empirically testable fashion.
Public lectures on some Traditional Economic Solutions to poverty in Nigeria, specifically the Igbo Apprentice System, Yoruba Ajo Thrift Savings, and Hausa Integral Communalism.
This book makes the case that economies are complex systems and in response to this, develops a unique dynamic nonequilibrium process analysis of macroeconomics.
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.
The new online platform ‚DIY Macroeconomic Model Simulation‘ provides an open-source code repository and online script for macroeconomic model simulation. It follows a “do-it-yourself” (DIY) approach, empowering users to numerically simulate key macroeconomic models on their own using the programming language R.
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 …
This course offered by the International Monetary Fund (IMF) on edX provides an introduction in the major econometric tools used in standard Macroeconomics.
This dossier gives an overview of the functions and the nature of money. The concept of Islamic finance is briefly explored, too.
A concise introduction to Marx's Labour Theory of Value, the three ratios and the falling rate of profit hypothesis.
The age of the contemplative economist-scholar—at home equally in classical languages, economic history, the history of ideas, and mathematical theory—has passed. The history of economics as a subdiscipline has lost touch with the mainstream study of economics. InThe Future of the History of Economics, internationally known scholars from ten countries provide a comparative assessment of the subdiscipline.
David Harvey illustrates the five most common narratives on why the financial and economic crisis took place – from human frailty to policy failure.
In this video, Rajan Raghuram highlights ‘A hereditary Meritocracy’. He identifies the “limitations” with the current economic systems of democracy and markets.
In this tenth lecture in INET’s “How and How Not to Do Economics,” Robert Skidelsky argues that there are two main reasons why economists should study history.
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