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This module examines current socio-political issues through the lens of pluralism, that is pluralism of theory, pluralism of method and interdisciplinary pluralism
Pluralist Economic Analysis
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.
Profit Inflation: Mapping the debate
In this essay the author outlines the basis for embracing a post-work agenda, rooted in an emancipatory potential from the domination of waged work, which could help answer both feminist and ecological concerns with work.
Towards a post-work future: a necessary agenda to reconcile feminist & ecological concerns with work
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.
Health Economics
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.
The Unexpected Reckoning: Coronavirus and Capitalism
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.
A holistic theory of financialisation
Due to the IMF’s focus on gender budgeting, this essay will mainly examine its gender budgeting recommendations as an example of its general inclination towards gender issues and its conception of gender equality. What does the IMF’s focus on gender equality really mean from a critical feminist perspective? What are its main objectives? What does it seek to change and to maintain? What concept or idea of women does it follow and what are the underlying theoretical foundations?
The Gender strategy of the IMF: The way to go towards gender equality or a mere instrumentalisation of feminism?
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.
Why Feminist Economics is Necessary
Behavioural economics deals with observing behaviour and economic decision making behaviour.
Behavioral Economics
MERCOSUR (Mercado Común del Sur or Common Southern Market) was the first formalized attempt to integrate South American countries economically and politically.
How can MERCOSUR move forward?
This is an overview of (possibly transformative) proposals to address the economic consequences of the corona crisis
Overview of proposals to combat the economic consequences of the Corona crisis
This article explores the production function, the prevailing view of capital that underpins it, and the main alternative perspective. By exploring these perspectives, the authors aim to provide students with a foundational understanding of the controversies surrounding the treatment of capital in production, a topic expressly excluded from mainstream textbooks.
Why We Should Think Twice About Production Functions
An essay of the writing workshop on Nigeria’s Readiness for and the Effect of the Fourth Industrial Revolution
The Role of Women in the Fourth Industrial Revolution
Maria Kader provides an overview of the ECB's crisis policies in recent years. She outlines the measures taken, their effects, and their shortcomings.
The European Central Bank in a State of Crisis: Policies, Effects and Downsides
This essay draws on several analyses on the gender impact of the recession and of austerity policies, in which authors acknowledge a threat to women’s labour market integration and a potential backlash to traditional gender labour structures. We contribute to that literature by asking whether recession and austerity convey a gender effect on educational attainment. Our aim in this essay is to portray the likely effects of austerity measures on gender equality with a focus on women’s participation in tertiary education and to hypothesize the implications of these scenarios for labour market effects, to be tested in future empirical research.
The impact of Austerity on Gender in Tertiary Education: A Theoretical Analysis
How can we establish new institutions and practices in order to use fare-free public transport as a beacon for sustainable mobility and a low-carbon lifestyle? The author of this essay elaborates on how practice theory and institutional economics can help to answer this question.
Towards a practice of fare-free sustainability
What influence do changes in tax policy or state decisions on expenditure have on economic growth? For decades, this question has been controversially debated.
What is the fiscal multiplier and why is it so controversial?
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.
Modern Monetary Theory
The economic crisis is also a crisis for economic theory. Most analyses of the evolution of the crisis invoke three themes, contagion, networks and trust, yet none of these play a major role in standard macroeconomic models. What is needed is a theory in which these aspects are central.
Complex Economics
Fabian Georgi analyses how migration and borders are connected to capitalism.
Recruiting skilled labour, while closing borders? The connection between migration, border regimes and capitalism
An essay of the writing workshop on Nigeria’s Readiness for and the Effect of the Fourth Industrial Revolution
The Fourth Industrial Revolution: Economic Impact and Possible Disruptions
The premise of this workshop is that we, as knowledge producers - especially within westernized universities (Grosfoguel, 2013), are significantly implicated in neoliberal imaginaries that are often in service of hierarchical, binary, competitive and linear narratives of growth as civilizational progress.
Decolonizing Economics
This course will fundamentally ask whether we can, or even should use the word ‘decolonising’ in our pursuit of a better economics?
Decolonising Economics?
In this essay the author reviews empirical studies in economics that analyze factors behind the rise of nationalist and populist parties in Western countries. He stresses that economic factors (e.g., trade shocks and economic crisis) play a crucial role in the rise of populist parties; however, the discussion of mechanisms driving this trend remains unsatisfying
The Economics of Populism in the Present
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...
The Future of Commons
This syllabus provides an overview of the content of the Philosophy and Economics course at the University of Waterloo.
Philosophy and Economics
Due to the economic crisis of 2008/2009, households faced drastic decreases in their incomes, the availability of jobs. Additionally, the structure of the labour market changed, while austerity measures and public spending cuts left households with less support and safeguards provided by the state. How have these developments affected the burden of unpaid labour and what influence did this have on gender relations?
The effect of austerity on unpaid work and gender relations in Europe
The workshop deals with the contribution of Plural Economics to the urgently needed change of the economic system towards sustainability and global responsibility.
After completing the module, participants should be able to demarcate and explain different economic approaches to sustainability. They should be able to evaluate the respective concepts based on their contribution to the ecological transformation of the economic system.
Pluralist Economics for a Sustainable Economic Future
Representing everyone An Analysis of the Representation of Migrant Women by official Labour Organizations in Germany Author Tess Herrmann Review Deborah Sielert This is an essay of the writing workshop Gender and the Economy Perspektives of Feminist Economics published on 17 May 2017 updated on 16 August 2017 Why we …
Representing everyone – Migrant Women's Representation by Labour Organizations in Germany
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.
Global care chains, refugee crisis, and deskilling of workers
This paper is a product of an online workshop held in Nigeria on the topic Unemployment: Policy Review and Recommendations. It explores the various unemployment policies introduced by the Nigerian Government and analysis how effective they are and suggests some practicable solutions to solving unemployment problems in the country.
The workshop was organized by Rethinking Economics The Uploaders (RETU) as part of the project Solving the Major Economic Problem in Nigeria (SMEPN), an output of the Global Pluralist Economics Training (GPET).
More details here: https://www.retheuploaders.org/programs/SMEPN
Unemployment in Nigeria: Policy Review and Recommendations
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.
Labour market: Applicable Labour Market Models and Gender Issues
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