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Fabian Georgi analyses how migration and borders are connected to capitalism. 2024 Level: beginner Recruiting skilled labour, while closing borders? The connection between migration, border regimes and capitalism Fabian Georgi 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: advanced Profit Inflation: Mapping the debate Theresa Walter Exploring Economics Macroeconomics 101 by the Pan African Feminist Political Economy Collective NAWI explains in an accessible way, why macroeconomics matters in our daily lives. 2024 Level: beginner Macroeconomics 101 Agazit Abate NAWI Collective This book looks at the anti-capitalist economy and the organization of social relations in the context of the revolution and autonomy of Rojava (Kurdistan-Syria). 2023 Level: beginner Anticapitalist Economy in Rojava Azize Aslan Daraja Press In the debate about a sustainable and livable future, the critique of work is an essential perspective. In this contribution, Maja Hoffmann explores the tension between the environmentally harmful effects of work on the one hand and the systematic compulsion of work on the other. 2024 Level: beginner How can post-work (critiques of work) enrich the climate debate? Maja Hoffmann Economists for Future 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: beginner Pragmatic Pluralism Sam de Muijnck and Joris Tieleman Economy Studies In this dossier, Konzeptwerk Neue Ökonomie highlights the need for debt cancellation for countries of the Global South and the payment of reparations for the climate catastrophe caused by the Global North. 2024 Level: beginner Climate Debt and Reparations Oumarou F. Mfochivé and Matthias Schmelzer Konzeptwerk Neue Ökonomie In Scene on Radio Season 7, Capitalism, host and producer John Biewen and co-host Ellen McGirt outline the history of capitalism, from its emergence in Europe 500 years ago up to the present. And they explore alternatives, from reforms of capitalism as we know it to more radical transformations. 2024 Level: beginner Scene on Radio - Capitalism John Biewen and Ellen McGirt Kenan Institute for Ethics at Duke University Teaching economics students about climate reparations enriches their educational experience by providing real-world relevance, promoting critical thinking, fostering interdisciplinary learning, and equipping them with valuable skills for both academic and practical applications. It also encourages ethical awareness, global perspective, and civic engagement, aligning with the broader goals of education in preparing students to address complex global challenges. 2022 Level: beginner Policy Debate: Climate Reparations - Economy Studies   Economy Studies The ecological crisis challenges the ways to understand the links between the environment, society, and the economy. To train students to be able to think critically about the issues associated with the crisis, it is important to take multiple perspectives into account. This lecture by Economy Studies can help students develop a familiarity with the different schools of thought and conceptions that exist within economics. 2022 Level: beginner Perspectives on the Environment - Economy Studies   Economy Studies In recent years issues surrounding tax evasion and avoidance have gotten more attention in public debates and policy making around the world. It poses key questions about how we want to (re)organise our economies, what the rules of the game are, and who benefits from them. Any good economist today should have a basic understanding of this issue as it has implications for public finance and inequality, but market competition and macroeconomic statistics. 2022 Level: beginner An introduction into (not) taxing wealth and profits – Economy Studies   Economy Studies Crises are a key part of the history of the global economy. This lesson by Economy Studies introduces students to the crisis management theories of John Maynard Keyens by presenting them in the historical context of the Great Depression, the Post-War increase in the state in managing the economy, and the Energy Crisis of the 1970s. 2022 Level: beginner How to get away with a crisis? - Economy Studies   Economy Studies The goal of this teaching pack by Economy Studies is to make students familiar with different visions for how the economy could be organised and enable them to critically reflect on such ideas. As future economic experts, it is important that they become aware of prominent proposals for reorganising the economy and practise how to deal with them. 2022 Level: beginner (Some) Visions for the economy - Economy Studies   Economy Studies This lecture by Economy Studies lays out the foundations and current state of the ecological crisis, its main drivers and who is responsible for this. It is crucial for students to develop a deeper understanding of the problem they are likely to encounter in their future careers, before getting into various economic policies or solutions to this pressing issue. 2022 Level: beginner Economic Introduction to the Ecological Crisis - Economy Studies   Economy Studies Political-economic systems define the ways in which the production and distribution of goods and services are organised that shape people’s lives. We live in capitalism, but what does that mean? This essential lecture by Economy Studies helps students develop an understanding of it on the basis of the book Capitalism by Geoffrey Ingham. 2022 Level: beginner Capitalism - Economy Studies   Economy Studies 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: beginner Economy Studies Essential Lectures   Economy Studies This chapter by the Centre for Economy Studies explores how courses on the history of economic thought and methods could look if they were pluralist and interdisciplinary. 2021 Level: beginner Rethinking the History of Economic Thought & Methods Sam de Muijnck and Joris Tieleman Economy Studies This article is the first of a series that offers a new paradigm for economics, the “multilevel paradigm,” using generalized Darwinism as its theoretical framework. Generalized Darwinism refers to all processes that combine the ingredients of variation, selection, and replication – not just genetic evolution – making it relevant to the cultural evolution of economic systems that are embedded in political, social, and environmental systems. 2024 Level: advanced Rethinking the Theoretical Foundation of Economics I: The Multilevel Paradigm David Sloan Wilson and Dennis J. Snower De Gruyter Open Access / Zeitschrift Economics, Band 18, Heft 1 The chapter by the Centre for Economy Studies introduces interdisciplinary economic subdisciplines and their importance for economics education. 2021 Level: beginner Interdisciplinary Economics Sam de Muijnck and Joris Tieleman Economy Studies The Nawi Knowledge Portal is an open access repository that features for multi themed research outputs and knowledge products. They aim to amplify the work of African women working to demystify the space of macroeconomic policy from a Pan African feminist to the widest possible audience. 2023 Level: advanced NAWI Collective - A Pan African Feminist Political Economy Collective Diverse NAWI Collective This article outlines the fundamental challenges of democratically planned economies and categorises proposed models into six groups, each of which approaches planning and coordination at different levels of authority and between myriad economic units in a particular way, taking into account efficiency as well as democratic principles and environmental and social sustainability. Through a classification system based on decision-making authority and mediation mechanisms, the article provides a framework for understanding and comparing these models. By examining their different approaches, it offers insights into the complexities and potential paths of democratically planned economies in the 21st century. 2024 Level: beginner Rethinking Democratic Economic Planning: An Overview Jakob Heyer Exploring Economics Our public services are in dire need of investment. But in the middle of a debate over competing spending plans, isn’t it also time to ask what we want our public services to actually do for us? That’s the view of group of economists and campaigners who are pushing for something called ‘Universal Basic Services’ – a radical expansion of high-quality public services for all to areas like transport, childcare and social care. 2019 Level: beginner Universal Basic Services Ayeisha Thomas-Smith, Anna Coote and Laurie Macfarlane New Economics Foundation In Colonial Debts Rocío Zambrana develops the concept of neoliberal coloniality in light of Puerto Rico's debt crisis. Drawing on decolonial thought and praxis, Zambrana shows how debt functions as an apparatus of predation that transforms how neoliberalism operates. 2021 Level: advanced Colonial Debts Rocío Zambrana Duke University Press 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. 2022 Level: beginner Make Capitalism History Simon Sutterlütti, Stefan Meretz Springer International Publishing
Fabian Georgi analyses how migration and borders are connected to capitalism. 2024 Level: beginner Recruiting skilled labour, while closing borders? The connection between migration, border regimes and capitalism Fabian Georgi 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: advanced Profit Inflation: Mapping the debate Theresa Walter Exploring Economics This article outlines the fundamental challenges of democratically planned economies and categorises proposed models into six groups, each of which approaches planning and coordination at different levels of authority and between myriad economic units in a particular way, taking into account efficiency as well as democratic principles and environmental and social sustainability. Through a classification system based on decision-making authority and mediation mechanisms, the article provides a framework for understanding and comparing these models. By examining their different approaches, it offers insights into the complexities and potential paths of democratically planned economies in the 21st century. 2024 Level: beginner Rethinking Democratic Economic Planning: An Overview Jakob Heyer Exploring Economics This guide contains a collection of recommended YouTube channels and YouTube videos in the fields of economics, business and economic policy. 2024 Level: beginner EconTube: The ultimate guide to pluralist economics channels on YouTube Frederick Heussner, Theresa Walter Exploring Economics The term "de-risking" can be seen as one element of a strategy aimed at discursively reframing the trade policy confrontation with China. This confrontation has mainly been driven by the US in recent years and received initially cautious, but later growing support from the EU. 2023 Level: beginner De-risking, de-coupling, de-globalization? Samuel Decker Exploring 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: beginner History of Industrial Policy in the EU Laura Porak Exploring Economics The concept of financialisation has undergone a similar career as ‘globalisation’, ‘neoliberalism’ or even ‘capitalism’, in the course of which it changed from the explanandum to the explanans; the process of financialisation is taken for granted, while the concrete historical and empirical causal conditions of its realisation and perpetuation are being moved into the background. 2023 Level: expert A holistic theory of financialisation Samuel Decker Exploring Economics The Philosophy of Economics Foundational Text provides a systematic and well-structured overview over the field of philosophy of economics. 2023 Level: beginner Philosophy of Economics Milena Dehn, Ella Needler and Jessica Palka Exploring Economics This text provides an easy to understand introduction to complexity economics for non-specialist audiences such as bachelor's students. 2023 Level: beginner Think Complexity Economics is too Complicated? Then this is for you. Dennis Venter, Arpitha Varma Exploring Economics What’s inflation? Why is it relevant? And is there an agreed theory about its roots and causes, or is it a contentious concept? That’s what this text is all about: We define what inflation actually means before we delve into the theoretical debate with an interdisciplinary and pluralist approach: What gives rise to it, what factors might influence it, and, consequently, what might be done about it? 2021 Level: beginner Inflation in economic theory Alexander Barta, Jorim Gerrard, Jakob Steffen & Frieder Zaspel Exploring Economics In 18th century Europe figures such as Adam Smith, David Ricardo, Friedrich List and Jean Baptiste Colbert developed theories regarding international trade, which either embraced free trade seeing it as a positive sum game or recommended more cautious and strategic approaches to trade seeing it as a potential danger and a rivalry and often as a zero-sum game. What about today? 2016 Level: beginner Free trade in economic theories Exploring Economics Exploring Economics Caring activities are one central element of feminist economists' analysis – also since in particular unremunerated work is a blind spot in mainstream economics and most other economic paradigms. Those focus on the market sphere: activities are considered as productive and as real labour if they are remunerated and market-intermediated. Goods and services are considered as labour if they create a value which can be traded on the market. Feminist Economics remarks that this perspective creates certain dichotomies and consequent devaluations: unproductive – productive; private – public; unpaid – remunerated OR paid less – well paid; female – male; soft work – hard work; caring – rationality. 2016 Level: beginner Reproductive Labour and Care Exploring Economics Exploring Economics 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: beginner Modern Monetary Theory Nathalie Freitag Exploring Economics The general idea of a Job Guarantee (JG) is that the government offers employment to everybody ready, willing and able to work for a living wage in the last instance as an Employer of Last Resort. The concept tackles societal needs that are not satisfied by market forces and the systemic characteristic of unemployment in capitalist societies. Being a central part of the Modern Monetary Theory (MMT), attention for the JG concept rose in recent years. 2020 Level: beginner The Job Guarantee Jannik Landwehr Exploring Economics Stratification economics is defined as a systemic and empirically grounded approach to addressing intergroup inequality. Stratification economics integrates economics, sociology and social psychology to distinctively analyze inequality across groups that are socially differentiated, be it by race, ethnicity, gender, caste, sexuality, religion or any other social differentiation. 2021 Level: beginner Stratification Economics Tanita Lewis, Nyamekye Asare, Benjamin Fields Exploring Economics
In 18th century Europe figures such as Adam Smith, David Ricardo, Friedrich List and Jean Baptiste Colbert developed theories regarding international trade, which either embraced free trade seeing it as a positive sum game or recommended more cautious and strategic approaches to trade seeing it as a potential danger and a rivalry and often as a zero-sum game. What about today? 2016 Level: beginner Free trade in economic theories Exploring Economics Exploring Economics 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. 2017 Level: beginner Economics: An Illustrated Timeline Heske van Doornen theminsky.org An essay of the writing workshop on contemporary issues in the field of Nigerian economics: In Nigeria, it appears that there is nothing in the constitution, which excludes the participation of women in politics. Yet, when it comes to actual practice, there is extensive discrimination. The under-representation of women in political participation gained root due to the patriarchal practice inherent in our society, much of which were obvious from pre-colonial era till date. Level: beginner Women Participation – Women Contribution to Economics and Politics Mary Otunba Exploring Economics Caring activities are one central element of feminist economists' analysis – also since in particular unremunerated work is a blind spot in mainstream economics and most other economic paradigms. Those focus on the market sphere: activities are considered as productive and as real labour if they are remunerated and market-intermediated. Goods and services are considered as labour if they create a value which can be traded on the market. Feminist Economics remarks that this perspective creates certain dichotomies and consequent devaluations: unproductive – productive; private – public; unpaid – remunerated OR paid less – well paid; female – male; soft work – hard work; caring – rationality. 2016 Level: beginner Reproductive Labour and Care Exploring Economics Exploring Economics What’s inflation? Why is it relevant? And is there an agreed theory about its roots and causes, or is it a contentious concept? That’s what this text is all about: We define what inflation actually means before we delve into the theoretical debate with an interdisciplinary and pluralist approach: What gives rise to it, what factors might influence it, and, consequently, what might be done about it? 2021 Level: beginner Inflation in economic theory Alexander Barta, Jorim Gerrard, Jakob Steffen & Frieder Zaspel Exploring Economics In the history of the social sciences, few individuals have exerted as much influence as has Jeremy Bentham. His attempt to become “the Newton of morals” has left a marked impression upon the methodology and form of analysis that social sciences like economics and political science have chosen as modus operandi. 2020 Level: advanced Bentham’s Two Sovereign Masters - Examining Bentham’s Influence on the Social Sciences Jerome Warren Exploring Economics An essay of the writing workshop on Nigeria’s Readiness for and the Effect of the Fourth Industrial Revolution 2020 Level: advanced The Fourth Industrial Revolution: Economic Impact and Possible Disruptions Emmanuel Obijole Exploring Economics Stratification economics is defined as a systemic and empirically grounded approach to addressing intergroup inequality. Stratification economics integrates economics, sociology and social psychology to distinctively analyze inequality across groups that are socially differentiated, be it by race, ethnicity, gender, caste, sexuality, religion or any other social differentiation. 2021 Level: beginner Stratification Economics Tanita Lewis, Nyamekye Asare, Benjamin Fields Exploring 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: beginner Climate Economics and the DICE Model William D. Nordhaus and Paul Romer Exploring Economics If there’s one method economists have neglected the most, it’s qualitative research. Whereas economists favour mathematical models and statistics, qualitative research seeks to understand the world through intensive investigation of particular circumstances, which usually entails interviewing people directly about their experiences. While this may sound simple to quantitative types the style, purpose, context, and interpretation of an interview can vary widely. Because of this variety, I have written a longer post than usual on this topic rather than doing it a disservice. Having said that, examples of qualitative research in economics are sadly scant enough that it doesn’t warrant multiple posts. In this post I will introduce qualitative research in general with nods to several applications including the study of firm behaviour, race, Austrian economics, and health economics. More than usual I will utilise block quotes, which I feel is in the spirit of the topic. 2020 Level: beginner Qualitative Methods in Economics: "You Can Observe a Lot Just by Watching" Cahal Moran Rethinking Economics The total sum of squares and the total degrees of freedoms are disaggregated by calculating in sample variance and "between" sample variance and their respective degrees of freedoms. It is demonstrated numerically that both these measures add up to the total sum of squares and the total degrees of freedom. 2012 Level: beginner ANOVA 2: Calculating SSW and SSB (total sum of squares within and between)   Khan Academy This chapter discusses the role of gender in economic relations, processes, and outcomes. Gender differences in economic outcomes such as labor force participation and wages have received growing attention from economists in the last several decades – a positive and much needed development in economic thinking. 2016 Level: beginner Illuminating the role of gender in the economy Alyssa Schneebaum Wirtschaft neu denken: Blinde Flecken in der Lehrbuchökonomie The video presents different ways of how to measure the money supply and thereby explains the differences between M0, M1 and M2. 2012 Level: beginner Money supply: M0, M1, and M2 | The monetary system   Khan Academy In this article, Perry Mehrling, a professor of economics at Barnard College, presents and discusses three theories of banking which are guiding bank regulation. These are credit creation theory, fractional reserve theory and debt intermediation theory. 2016 Level: advanced Central Bank theories of Banking and Money Perry Mehrling www.perrymehrling.com An Introduction to the Political Theory of John Maynard Keynes. John Maynard Keynes was arguably the greatest economist of the 20th century. He discovered the idea that governments should stimulate demand during economic downturns. 2017 Level: beginner An Introduction to the Political Theory of John Maynard Keynes The School of Life The School of Life Youtube Channel A historical glimpse of how economists of the 19th century debated the usefulness of mathematics to economics 2020 Level: beginner Mathematical Economics in the 19th Century Nicolà Bezzola Exploring Economics This article reviews insights of existing literature on global care chains. A specific focus is laid on the impact that the refugee crisis has on global care chains and in turn how the crisis impacts the de-skilling of the women in the migrant workforce. 2017 Level: beginner Global care chains, refugee crisis, and deskilling of workers Dita Dobranja Exploring Economics 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: beginner Ecological Economics: A Solution to Deforestation? Maike Pfeiffer Pluralist Economics Fellowship Stiglitz answers the question why globalization and world trade has not delivered on its promise of increased well being as much as classical economists thought, by pointing to the power asymmetries: firstly, between industrialized nations and developing nations and secondly, between special corporate interest and social interests. In his analysis, developed countries and MNCs were able to extract the benefits, while shifting the costs (i.e. pollution) to states and communities with lesser power. Amongst many other historical examples the pharmaceutical and the mining industry are discussed to some length. 2013 Level: beginner Stiglitz on globalization, why globalization fails? The trade agreements Joseph Stiglitz - As opposed to the conventional over-simplified assumption of self-interested individuals, strong evidence points towards the presence of heterogeneous other-regarding preferences in agents. Incorporating social preferences – specifically, trust and reciprocity - and recognizing the non-constancy of these preferences across individuals can help models better represent the reality. 2019 Level: advanced A fresh perspective to economic theory: Social preferences and their impact on gender and policy Sheral Shah Exploring Economics According to Karl Marx, work should satisfy people and encourage creativity. But the capitalist production, the separation of labour and the exploitation of workers alienates them from their products. 2015 Level: beginner Karl Marx on Alienation   BBC Radio First the global mean is calculated from a matrix of three sets each containing three observations. Then the sum of squares is calculated. Lastly, the concept of degree of freedom is explained. 2012 Level: advanced ANOVA 1: Calculating SST (total sum of squares)   Khan Academy Galbraith gives an overview of economic history from the 18th century until the end of the 19th century covering issues such as the industrial revolution the enclosure of the Scottish highlands the Irish famine and the colonization of North America Additionally the ideas of economists such as Smith Ricardo Malthus … Level: beginner The Age of Uncertainty Episode 1 - The Prophets and Promise of Classical Capitalism John Kenneth Galbraith BBC, CBC, KCET and OECA The Philosophy of Economics Foundational Text provides a systematic and well-structured overview over the field of philosophy of economics. 2023 Level: beginner Philosophy of Economics Milena Dehn, Ella Needler and Jessica Palka Exploring Economics

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