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Deforestation is estimated to be responsible for about 12-29% of global greenhouse gas emissions. This essay will explore ecological economics as an alternative lens through which to approach forest conservation and the acceleration of climate change. 2018 Level: leicht Ecological Economics: A Solution to Deforestation? Maike Pfeiffer Pluralist Economics Fellowship A central question in development economics literature is, “Why do countries stay poor?” The key disagreements are whether the lack of economic growth stems from institutions or from geography (Nunn 2009). From an institutional perspective, hostile tariff regimes and commodity price dependencies form a barrier to a sectoral shift that would otherwise lead to economic development in developing countries (Blink and Dorton 2011) (Stiglitz 2006).[i] 2020 Level: leicht Trade Barriers to Development explored through various lenses Johannes M. Halkenhaeusser Pluralist Economics Fellowship 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). 2020 Level: leicht Synthetic Control Method for Estimating the Effect of the Climate Change Act of 2008 in Britain Aaron Morales Shildrick Pluralist Economics Fellowship Peter Bofinger argues that the Modern Monetary Theory gives theoretical justification for bold answers to the corona crisis. 2020 Level: leicht Coronavirus crisis: now is the hour of Modern Monetary Theory Peter Bofinger Social Europe It is perhaps fitting that the seriousness of the coronavirus threat hit most of the Western world around the Ides of March, the traditional day of reckoning of outstanding debts in Ancient Rome. After all, problems and imbalances have accumulated in the Western capitalist system over four decades, ostensibly since it took the neoliberal road out of the 1970s crisis and kept going along it, heedless of the crises and problems it led to. 2020 Level: leicht The Unexpected Reckoning: Coronavirus and Capitalism Radhika Desai Canadian Dimesion Steve Keen analyses how mainstream economics fails when confronted with the covid-19-pandemic. Mainstream economics has propagated the dismantling of the state and the globalization of production - both of which make the crisis now so devastating. More fundamentally, mainstream economics deals with market systems, when what is needed to limit the virus’s spread is a command system. 2020 Level: leicht The Coronavirus and the End of Economics Steve Keen Exploring Economics Michael Kalecki famously remarked “I have found out what economics is; it is the science of confusing stocks with flows”. Stock-Flow Consistent (SFC) models were developed precisely to address this kind of confusion. The basic intuition of SFC models is that the economy is built up as a set of intersecting balance sheets, where transactions between entities are called flows and the value of the assets/liabilities they hold are called stocks. Wages are a flow; bank deposits are a stock, and confusing the two directly is a category error. In this edition of the pluralist showcase I will first describe the logic of SFC models – which is worth exploring in depth – before discussing empirical calibration and applications of the models. Warning that there is a little more maths in this post than usual (i.e. some), but you should be able to skip those parts and still easily get the picture. 2020 Level: leicht Stock Flow Consistent Macroeconomics Cahal Moran Rethinking Economics An essay of the writing workshop on Nigeria’s Readiness for and the Effect of the Fourth Industrial Revolution 2020 Level: mittel The Fourth Industrial Revolution: Economic Impact and Possible Disruptions Emmanuel Obijole Exploring Economics The course will teach students to analyze the goals, implementation, and outcomes of economic policy. 2019 Level: mittel Advanced Economic Policy Alyssa Schneebaum Vienna University of Economics and Business Exploring Economics, an open-access e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods. 2021 Level: leicht The Political Economy of Inequalities Jürgen Essletzbichler, Andrea Grisold, Hendrik Theine Exploring Economics Diese Lehrveranstaltung ist eine Einführung in die Medienökonomik, in deren Zentrum das komplexe Verhältnis von Ökonomie und Massenmedien steht, welches besonders in Zeiten eines rasanten Medienwandels noch einmal von größerer Bedeutung ist. 2021 Level: leicht Medienökonomik I Hendrik Theine Vienna University of Economics and Business This course will fundamentally ask whether we can, or even should use the word ‘decolonising’ in our pursuit of a better economics? 2022 Level: leicht Decolonising Economics? Michelle Meixieira Groenewald Summer Academy 2022 for Pluralist Economics The Covid-19 pandemic has laid bare the deep structural rifts in modern capitalist economies. It has exposed and exacerbated the long-lasting systemic inequalities in income, wealth, healthcare, housing, and other aspects of economic success across a variety of dimensions including class, gender, race, regions, and nations. This workshop explores the causes of economic inequality in contemporary capitalist economies and its consequences for the economy and society in the post-pandemic reality, as well as what steps can be taken to alleviate economic inequality in the future. Drawing from a variety of theoretical and interdisciplinary insights, the workshop encourages you to reflect on your personal experiences of inequality and aims to challenge the way in which the issue is typically approached in economics. 2022 Level: leicht Inequality in the Post-pandemic Era Hanna Szymborska Summer Academy 2022 for Pluralist Economics This text summarizes the content of the 2018 Nobel Prize winner W. Nordhaus. It is extended by some critical perspectives on this topic. The short dossier gives an overview of the most important texts we have read in the climate economics reading group. 2018 Level: leicht Climate Economics and the DICE Model William D. Nordhaus and Paul Romer Exploring Economics As the Covid-19 fueled economic downturn begins to intensify this winter, an extended study of the Italian cooperative sector’s historical resilience in times of crisis can serve as a learning experience for other countries seeking to create policies that foster more stable economies, with job security, care for marginalized communities and adequate counter-cyclical policies. Particularly, the Italian cooperative sector’s contributions to three aspects should be noted in closing. Firstly, the innovative phenomenon of cooperative enterprises has contributed to social inclusion of immigrant communities, the activation of youth, the unemployed and people with disabilities, a true compensation for both a market and state failure. Secondly, they have contributed to a reduction in income and wealth inequalities at a time when the issue of inequality is of global significance. Thirdly, the Italian cooperative movement has helped local communities revitalize in the face of demographic shifts and rendered them more resilient to the ravages of globalization. Each of these in their own right is a remarkable achievement. 2020 Level: leicht How to strengthen the social economy Jerome Warren Exploring Economics Health Economics traditionally involves two distinct strands. One focuses on the application of core  neoclassical economic theories of the firm, the consumer and the market to health-seeking behaviour  and other health issues. It suggests a role for government intervention only in the case of specific  market failures (for example externalities, asymmetric information, moral hazard, and public goods)  that distort market outcomes. The second strand is evaluation techniques, used to assess the cost effectiveness of competing health interventions. 2022 Level: leicht Health Economics Julia Ngozi Chukwuma Summer Academy 2022 for Pluralist Economics In this overview paper, Laura Porak reviews the history of industrial policy in the European Union before the background of a Cultural Political Economy approach. 2023 Level: leicht History of Industrial Policy in the EU Laura Porak Exploring Economics The Economics and Geopolitics of Russia Selling Yuan and Gold Reserves It is important for students to understand the workings of international and public finance and that the goal of governments and politicians is not always economic efficiency when making financial decisions. Normative goals other than efficiency can motivate economic decisions. A good economist is able to recognise, clearly name and take into account the values and goals behind economic behaviour, when making sense of the world. 2023 Level: leicht Russia sells foreign reserves   Economy Studies Neoclassical economics focuses on the allocation of scarce resources. Economic analysis is mainly concerned with determining the efficient allocation of resources in order to increase welfare. Neoclassical Economics     Big challenges lie ahead for our society: increased automation of work, and the threat of catastrophic climate change. But so, too, are the huge possibilities presented by new technology and better ways of organising our economy in the wake of neoliberalism's failure. 2018 Level: mittel Economics for the Many John McDonnell Verso Books 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. Neoklassik     Austerity has been at the center of political controversy following the 2008 financial crisis, invoked by politicians and academics across the political spectrum as the answer to, or cause of, our post-crash economic malaise. 2019 Level: leicht Austerity Konzelmann, Suzanne J. Polity Modern Monetary Theory (MMT) is a school of monetary and macroeconomic thought that focuses on the analysis of the monetary and credit system, and in particular on the question of credit creation by the state. 2020 Level: leicht Modern Monetary Theory Nathalie Freitag Exploring Economics The Centre for Economy Studies works on improving and modernising economics education to ensure that students will be better prepared for their future careers and the societal challenges we face today and in the coming decades. The Essential Lectures are teaching packs designed for 90-minute sessions that can be added to existing courses. 2022 Level: leicht Economy Studies Essential Lectures   Economy Studies The authors show how consumers, business, the Federal Reserve, and government take into account what's going on around them to make critical decisions like buying new products, building new factories, changing interest rates, or setting budget goals. The book provides a clear roadmap to understanding the whole story behind the global economy. 2014 Level: mittel Big Picture Economics Joel Naroff, Ron Scherer John Wiley & Sons Economics should schematically explain the key elements and main strands of this core part of social life: the actual workings of our economies. This book argues that orthodox, modern neoclassical economics does not fulfil this core task. Standard economics models do not address the real functioning of our market economies, but rather an imagined economy. 2022 Level: leicht Economics and the Real World Joaquim Vergés Ethics International Press Ltd, UK This chapter by the Centre of Economy Studies provides a map through the complex jungle of economic theories. It provides key insights and ideas for thirteen core topics in economics, organised by selecting the most relevant theoretical approaches per topic and contrasting them with each other. 2021 Level: leicht Pragmatic Pluralism Sam de Muijnck and Joris Tieleman Economy Studies 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. 2024 Level: mittel Eine Kritik der Modern Monetary Theory als geldtheoretisches Konzept Ingo Stützle Exploring Economics In parallel to rising inflation numbers, the concept of profit inflation has clearly risen to prominence in recent years. But what is it exactly? This dossier aims not only to collect the most important publications on profit inflation but also intends to map out the development of the discourse and the different positions within the debate. 2024 Level: mittel Profit Inflation: Mapping the debate Theresa Walter Exploring Economics Microeconomics in Context lays out the principles of microeconomics in a manner that is thorough, up to date, and relevant to students. Like its counterpart, Macroeconomics in Context, the book is uniquely attuned to economic realities. The "in Context" books offer affordability, accessible presentation, and engaging coverage of current policy issues from economic inequality and global climate change to taxes. 2013 Level: mittel Microeconomics in Context Neva R. Goodwin, Jonathan M. Harris, Julie A. Nelson, Brian Roach, Mariano Torras Routledge Exploring Economics, an open-source e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods. 2020 Level: leicht Wie die Wende zu einem nachhaltigen Finanzsystem gelingen kann Claudia Kemfert Economists for Future South Africa’s taxi industry was established by black people in the 1930s and has faced numerous challenges, including those posed by decades of apartheid laws. Covid-19 has highlighted contemporary challenges facing the industry and has also raised questions about how it can keep ‘driving forward’. This podcast explores questions such as what changes need to be made, and who can be the ‘drivers’ of such change. 2021 Level: mittel Driving Forward Social and Solidarity Economy: The Case of South Africa's Taxi Industry Maria Fustic, Georgia Pagiavla, Paloma Chuquín Alarcón, Jing-Syuan Wong, Georgia Pagiavla, Paloma Chuquín Alarcón, Jing-Syuan Wong Exploring Economics

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