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After completing the module, participants should be able to analyse the concepts of degrowth, ecological unequal exchange, Green New Deal, and embeddedness by applying theories situated within the fields of academic research of Ecological Economics and Political Ecology.
This book is a welcome consolidation and extension of the recent expanding debates on happiness and economics. Happiness and economics, as a new field for research, is now of pivotal interest particularly to welfare economists and psychologists. This Handbook provides an unprecedented forum for discussion of the economic issues relating to happiness.
The book criticizes neoclassical climate economics in the tradition of William Nordhaus. It explains why this kind of thinking is misleading and why neoclassical climate economics asks the wrong questions.
Economists occupy leading positions in many different sectors including central and private banks, multinational corporations, the state and the media, as well as serving as policy consultants on everything from health to the environment and security. Power and Influence of Economists explores the interconnected relationship between power, knowledge and influence which has led economics to be both a source and beneficiary of widespread power and influence.
This open access book presents an alternative to capitalism and state socialism through the modelling of a post-market and post-state utopia based on an upscaling of the commons, feminist political economy and democratic and council-based planning approaches.
This essay deals with the concepts of Sustainable Land Management (SLM) and Land Degradation Neutrality (LDN).
As seen with the United Nations significant promotion of the Sustainable Development Goals (SDGs) in the past few years, the issue of global development is of growing concern to many international organizations. As humanity continues to become more interconnected through globalization, the inequalities and injustices experienced by inhabitants of impacted countries becomes increasingly clear. While this issue can be observed in the papers of different types (e.g., different schools of thought) of economists throughout the world, the work of behavioral and complexity economists offer a unique, collaborative perspective on how to frame decisions for individuals in a way that can positively reverberate throughout society and throughout time.
What are the implications of the politics of "behavioural change"? Alexander Feldmann took a closer look for you on nudging and framing and if this is a legitimate instrument being used by the state to make us behave better in terms of our carbon footprint.
An essay of the writing workshop on contemporary issues in the field of Nigerian economics: Labour and all the dynamics, such as laws, mobility, gender participation, regulation etc., that are associated with it cements the need for this paper which seeks to objectively review, analyse, and if deemed necessary, give plausible recommendations.
Gemäß der „vorsorgeorientierten Postwachstumsposition“ ist es ungewiss, wie sich die Wirtschaftsleistung entwickeln wird, wenn die Wirtschaftsweise in den wohlhabenden Ländern im Einklang mit globalen ökologischen Zielen grundlegend verändert wird. Andererseits spielen aufgrund der heutigen Verfasstheit der früh industrialisierten, wohlhabenden Länder die Wirtschaftsleistung und die damit generierten Einkommen eine wichtige Rolle. Daraus lässt sich das Ziel ableiten, diese gesellschaftlichen Institutionen nach Möglichkeit vorsorglich so zu transformieren, dass sie ihre Funktionen unabhängig(er) von der Wirtschaftsleistung erbringen können. Dies würde der Politik auch größere Spielräume bei Konflikten zwischen ökonomischen und ökologischen Zielen ermöglichen.
Here we look at the effect of the 2008 Climate Change Act passed in Parliament in the United Kingdom as an effort to curb emissions in all sectors. The Act aside from setting goals to become a low-carbon economy sets up an independent committee on Climate Change to ensure the implementation of policies to comply with the ultimate goal of 80% reduction in total emissions in 2050. I make use of the Synthetic Control Method (SCM) to create a comparative case study in which the creation of a synthetic UK serves as a counterfactual where the treatment never occurred (Cunningham, 2018).
The Great Recession 2.0 is unfolding before our very eyes. It is still in its early phase. But dynamics have been set in motion that are not easily stopped, or even slowed. If the virus effect were resolved by early summer—as some politicians wishfully believe—the economic dynamics set in motion would still continue. The US and global economies have been seriously ‘wounded’ and will not recover easily or soon. Those who believe it will be a ‘V-shape’ recovery are deluding themselves. Economists among them should know better but are among the most confused. They only need to look at historical parallels to convince themselves otherwise.
How do people make decisions? There is a class of models in psychology which seek to answer this question but have received scant attention in economics despite some clear empirical successes. In a previous post I discussed one of these, Decision by Sampling, and this post will look at another: the so-called Fast and Frugal heuristics pioneered by the German psychologist Gerd Gigerenzer. Here the individual seeks out sufficient information to make a reasonable decision. They are ‘fast’ because they do not require massive computational effort to make a decision so can be done in seconds, and they are ‘frugal’ because they use as little information as possible to make the decision effectively.
Environmental catastrophe looms large over politics: from the young person’s climate march to Alexandria Ocasio-Cortez’s Green New Deal, increasing amounts of political space are devoted to the issue. Central to this debate is the question of whether economic growth inevitably leads to environmental issues such as depleted finite resources and increased waste, disruption of natural cycles and ecosystems, and of course climate change. Growth is the focal point of the de-growth and zero-growth movements who charge that despite efficiency gains, increased GDP always results in increased use of energy and emissions. On the other side of the debate, advocates of continued growth (largely mainstream economists) believe that technological progress and policies can ‘decouple’ growth from emissions.
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.
Diese Vorlesung beschäftigt sich mit grundlegenden Elementen sozialphilosophischen Denkens mit besonderem Fokus auf Schnittmenge zwischen Sozialphilosophie und politischer Ökonomie. Im Zentrum steht die Vermittlung von Kenntnissen über die zentralen Fragestellungen, die historische Genese, sowie wesentliche, prägende Beiträge der Sozialphilosophie und Politischen Ökonomie.
Die Wirtschaftswissenschaft steht heute im neoklassischen Paradigma, sie kann aber viel mehr als die meisten wissen. Im Laufe der Wirtschaftsgeschichte musste sich die ökonomische Theorie immer wieder neuen Herausforderungen stellen, neue Fragestellungen beantworten, ihre Zielsetzung und Wertkataloge hinterfragen und anpassen.
Die marxistische Ökonomie stellt eine Wirtschaftstheorie dar, die im Wesentlichen auf Karl Marx Hauptwerk „Das Kapital“ beruht. Aufbauend auf den Ansätzen der klassischen Nationalökonomie werden hierbei die kapitalistischen Produktionsweisen sowie der Grundwiderspruch zwischen Kapital und Arbeit analysiert und kritisiert (vgl. Kirchgässner 1988, S. 128). Ausgehend von der marxistischen Kapitalismuskritik werden insbesondere das Wesen der kapitalistischen Ausbeutung und der Klassenkonflikt zwischen Bourgeoisie und Proletariat behandelt (vgl. Utz 1982, S. 22-23).
‘We cannot afford their peace & We cannot bear their wars’:
Value, Exploitation, Profitability Crises & ‘Rectification’
Der Fokus der Österreichischen Schule liegt auf der wirtschaftlichen Koordination von Angebots- und Nachfrageplänen zwischen Individuen. Konstitutiv sind u.a. der Subjektivismus, das Nutzenprinzip, Laissez-faire-Politik, fundamentale Unsicherheit sowie der Fokus auf den/die Unternehmer*in.
Der Fokus der Neoklassik liegt auf dem Umgang mit knappen Ressourcen. Analysen beschäftigen sich mit der effizienten Allokation von Ressourcen, um den Wohlstand zu vermehren.
Der Fokus der Ökologischen Ökonomik ergibt sich aus der Einsicht, dass wirtschaftliche Aktivität mit absoluten Grenzen konfrontiert ist. Somit werden Wechselwirkungen zwischen Wirtschaft, Gesellschaft und natürlicher Umwelt analysiert, mit dem Ziel einer Transformation hin zu (mehr) Nachhaltigkeit.
In ihrem Text "Warum die Energiepreise hoch bleiben" diskutiert Verena Kreilinger die strukturellen Ursachen für steigende Energiepreis.
To prevent the coronavirus shock to demand precipitating a long-lasting depression, government needs to become short-term payer of last resort.
Along with addressing core conceptual issues in defining heterodox economics, we will cover in some detail five heterodox traditions in economics: Marxian Economics, Institutional Economics, Post-Keynesian Economics, Feminist Economics, and Ecologi-cal Economics. In the first class meeting, we discuss the structure and goals of the course, as well as the expectations and requirements from the students. In addition, we will discuss the concept of heterodoxy in economics, along with discussing the concepts and key issues in mainstream and neoclassical economics.
“Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses1.” This is how Lionel Robbins came to define economics in the early 1930s and there is a good chance that many of you heard a variant of this definition in your first Economics 101 lecture.
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 …
Nancy Fraser starts out by introducing the multidmiensional cirises of the 21st century Three dimensions are especially alarming to her the ecological the financial and social aspects of the crisis Fraser then revives the ideas of Karl Polanyi which he first presented in his 1944 book The great transformation She …
This archive contains open access copies of most of the written work, including the books of Karl William Kapp (1910-1976) was one of the forefathers of Ecological Economics.
The goal of the course is to deepen students’ understanding of the Latin American development experience by viewing it through a gender lens.
Commons stand for a plurality of practices ‘beyond market and state’ as the famous Commons scholar – and first female noble prize winner of economics - Elinor Ostrom put it. Their practice and theory challenge classical economic theory and stand for a different mode of caring, producing and governing. Within this workshop we want to dive into theory, practice and utopia of Commons following four blocks...
This syllabus provides an overview of the content of the Philosophy and Economics course at the University of Waterloo.
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