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The 2007-2010 economic crisis has profoundly shaken the foundations of mainstream financial economics. The apparent falsification of core concepts such as risk diversification, informational efficiency and valuation efficiency by an unexpected course of events has revealed the need to redefine the objectives and direction of research today.
After the Crisis
This collection of essays, a supplement to History of Political Economy, brings together prominent scholars from economics, sociology, literature, and history to examine the role of biography and autobiography in the history of economics. The first of its kind, this volume looks at the relevance of first-person accounts to narrative histories of economics.
Economists' Lives
The foundational economy is a concept which describes the infrastructure of everyday life, encompassing all essential services like utilities or healthcare that people require for wellbeing. This contribution provides an overview of foundational thinking.
The foundational economy: Focusing on what matters
Until the end of the early 1970s, from a history of economic thought perspective, the mainstream in economics was pluralist, but once neoclassical economics became totally dominant it claimed the mainstream as its own. Since then, alternative views and schools of economics increasingly became minorities in the discipline and were considered 'heterodox'.
Reclaiming Pluralism in Economics
Technical change, defined as the manufacture and modification of tools, is generally thought to have played an important role in the evolution of intelligent life on earth, comparable to that of language. In this volume, first published in 1983, Jon Elster approaches the study of technical change from an epistemological perspective.
Explaining Technical Change
How do Airbnb and short-term rentals affect housing and communities? Locating the origins and success of Airbnb in the conditions wrought by the 2008 financial crisis, the authors bring together a diverse body of literature and construct case studies of cities in the US, Australia and Germany to examine the struggles of local authorities to protect their housing and neighborhoods from the increasing professionalization and commercialization of Airbnb.
Airbnb, Short-term Rentals and the Future of Housing
When you notice inequality in your everyday life do you ever wonder where it comes from and what keeps it going This sociology course introduces you to core concepts of class gender and racial inequality and an approach to studying complex forms of inequality called intersectionality Featuring interviews with top …
Global Inequality
An ideal type of a pluralistic book. Instead of arguing for one specific interpretation of a complex phenomenon, the authors present six different views on globalisation. Roberts and Lamp carefully balance the different perspectives, presenting the merits of each.
Six Faces of Globalization
The U.S. economy today is confronted with the prospect of extended stagnation. This book explores why. Thomas I. Palley argues that the Great Recession and destruction of shared prosperity is due to flawed economic policy over the past thirty years.
From Financial Crisis to Stagnation
The volume has been conceived with current and future economics students in mind: they will be the economists of the future. One of the main ideas underlining the book is that "being an economist" in the XXI century requires a radical change in the training of economists and such change requires a global effort.
The Economics Curriculum
This course provides an overview of the fundamentals of the economic Methodology.
Economic Methodology
"Despite the rediscovery of the inequality topic by economists as well as other social scientists in recent times, relatively little is known about how economic inequality is mediated to the wider public of ordinary citizens and workers. That is precisely where this book steps in: It draws on a cross-national empirical study to examine how mainstream news media discuss, respond to, and engage with such important and politically sensitive issues and trends.
Economic Inequality and News Media
Now in its third edition, this textbook covers all of the standard topics taught in undergraduate International Economics courses. However, the book is unique in that it presents the key orthodox neoclassical models of international trade and investment, whilst supplementing them with a variety of heterodox approaches.
International Economics
This is a hands on four chapter course to learn how to better understand and act when faced with complex situations By the end of the course students will be able to take a story from the news describe what makes the situation complex and identify opportunities for effective action …
Thinking Complexity
The book is offered, in the first instance, to students who are beginners in economics, but some parts of it may be of wider interest.
The three topics, Economic Doctrines, Analysis and Modern Problems, might be the subject of concurrent courses or they may be studied consecutively.
An Introduction to Modern Economics
This course introduces the main topics in Econometrics by using R statistical software. The relation of themes is comprehensive and includes the basic notions such as linear regression, multiple regression, causal inference, regression discontinuity and instrumental variable. In total, the course covers thirteen chapters that are common in any undergraduate econometrics course.
Introduction to Econometrics with R
This book discusses the relationship between pluralist economics and the case study method of teaching, advocating the complimentary use of both to advance economics education. Using a multi-paradigmatic philosophical frame of analysis, the book discusses the philosophical, methodological, and practical aspects of the case study method while drawing comparisons with those of the more commonly used lecture method.
Case Method and Pluralist Economics
Macroeconomics is fundamental to our understanding of how the world functions today. But too often our understanding is based on orthodox, dogmatic analysis.
Macroeconomics - A Critical Companion
The Routledge Handbook of Feminist Economics presents a comprehensive overview of the contributions of feminist economics to the discipline of economics and beyond. Each chapter situates the topic within the history of the field, reflects upon current debates, and looks forward to identify cutting-edge research. Consistent with feminist economics' goal of strong objectivity, this Handbook compiles contributions from different traditions in feminist economics (including but not limited to Marxian political economy, institutionalist economics, ecological economics and neoclassical economics) and from different disciplines (such as economics, philosophy and political science). The Handbook delineates the social provisioning methodology and highlights its insights for the development of feminist economics. The contributors are a diverse mix of established and rising scholars of feminist economics from around the globe who skilfully frame the current state and future direction of feminist economic scholarship. This carefully crafted volume will be an essential resource for researchers and instructors of feminist economics.
The Routledge Handbook of Feminist Economics
By focusing on the human side as well as the intellectual dimensions of how economists work and think, this collection of interviews with top economists of the 20th century becomes a startling and lively introduction to the modern world of macroeconomics.
Inside the Economist's Mind
This is an immensely important book for any student of social theory interested in understanding the colonial roots of a lot of contemporary thinking From a post colonial perspective Gurminder Bhambra and John Holmwood unpack how the emergence of modern society in the context of European colonialism and empire impacted …
Colonialism and Modern Social Theory
Explore the pressing topic of globalisation and how it affects economics, politics and society with this online course.
International Affairs: Globalisation
International Economics, 15e continues to combine rigorous economic analysis with attention to the issues of economic policy that are alive and important today in this field.
International Economics
The Price of Slavery analyzes Marx's critique of capitalist slavery and its implications for the Caribbean thought of Toussaint Louverture, Henry Christophe, C. L. R. James, Aimé Césaire, Jacques Stephen Alexis, and Suzanne Césaire. Nick Nesbitt assesses the limitations of the literature on capitalism and slavery since Eric Williams in light of Marx's key concept of the social forms of labor, wealth, and value.
The Price of Slavery
This course provides an introduction into the basic concepts of mainstream macroeconomics, including supply and demand in a competitive market, to all the usual introductory macroeconomic topics, and also to both international trade and the Foreign Exchange Market.
AP® Macroeconomics
When Santa Fe Institute Scientists first started working on economics more than thirty years ago, many of their insights, approaches, and tools were considered beyond heterodox. These once-disparaged approaches included network economics, agents of limited rationality, and institutional evolution—all topics that are now increasingly considered mainstream.
Complexity Economics
The complex economic problems of the 21st century require a pluralist, real-world oriented and innovative discipline of economics that is capable of addressing and teaching these issues to students. This volume is a state-of-the-art compilation of diverse, innovative and international perspectives on the rationales for and pathways towards pluralist economics teaching.
Advancing Pluralism in Teaching Economics
In this revealing book, Katharina Pistor argues that the law selectively “codes” certain assets, endowing them with the capacity to protect and produce private wealth. With the right legal coding, any object, claim, or idea can be turned into capital—and lawyers are the keepers of the code.
The Code of Capital
This self-paced free course by Perry Merhling guides you to his "Money View" approach that integrates the fields of economics and finance. The course can easily be understood by people interested people without technical economic knowledge or training as it is primarily a tool for analysis.
Economics of Money and Banking
What is James Tobin's main contribution? What is Arrow's impossibility theorem? Which economists have made the most significant contribution to rational expectations? These and countless other questions are resolved in this eloquently written unique book by Mark Blaug, one of the most prominent historians of economic thought.
Great Economists Since Keynes
More than a century after Hartley Withers's "The Meaning of Money" and 80 years after Keynes's "Treatise on Money", the fundamentals of how banks create money still needs explaining and this book meets that need with clear exposition and expert marshalling of the relevant facts.
Where Does Money Come From?
This invaluable volume brings together seminal articles with a significant behavioural content on various areas in macroeconomics.
Behavioural Macroeconomics
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