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974 results

Mainstream economics was founded on many strong assumptions. Institutions and politics were treated as irrelevant, government as exogenous, social norms as epiphenomena. As an initial gambit this was fine. But as the horizons of economic inquiry have broadened, these assumptions have becomehindrances rather than aids.
2003
Level: advanced
Prelude to Political Economy
Environmental cost-benefit analysis was developed by economists in the belief that monetary valuation of the environmental repercussions of economic activity is essential if the "environment " stands any chance of being included in government and business decisions.
2006
Level: advanced
Alternatives for Environmental Valuation
"First published more than a decade ago, Globalizing Capital has remained an indispensable part of economic literature. This classic book emphasizes the importance of the international monetary system for understanding the international economy. The second edition, published in October 2008, has consistently appeared on syllabuses since its release
2019
Level: advanced
Globalizing Capital
This essay argues that our dominant economic narrative—rooted in private property, competition, growth for growth’s sake, and the assumption that self-interest drives progress—has led humanity and the planet into an existential crisis.
2022
Level: beginner
Economics for the People
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.
1998
Level: advanced
Great Economists Since Keynes
What narratives are underrepresented in the history of economic thought? How do economists account for freedom, justice, and democracy in non-Western cultures?
2025
Level: advanced
Decolonial Narratives in Economics
This book analyzes the transition of chocolate from an exotic curiosity to an Atlantic commodity. It shows how local, inter-regional, and Atlantic markets interacted with one another and with imperial political economies. It explains how these interactions, intertwined with the resilience of local artisanal production, promoted the partial democratization of chocolate consumption as well as economic growth.
2020
Level: advanced
Empire, Political Economy, and the Diffusion of Chocolate in the Atlantic World
How did the rich countries really become rich? In this provocative study, Ha-Joon Chang examines the great pressure on developing countries from the developed world to adopt certain 'good policies' and 'good institutions', seen today as necessary for economic development.
2002
Level: advanced
Kicking Away the Ladder

In the graveyard of economic ideology, dead ideas still stalk the land.

The recent financial crisis laid bare many of the assumptions behind market liberalism—the theory that market-based solutions are always best, regardless of the problem. For decades, their advocates dominated mainstream economics, and their influence created a system where an unthinking faith in markets led many to view speculative investments as fundamentally safe.

2012
Level: beginner
Zombie Economics
Why are income inequalities so large and why do they continue to increase in so many countries? What role can minimum wages play in reducing social and economic inequalities? What is a good system of wage bargaining? What constitutes a fair wage?
Level: beginner
Fair Wage Strategies in a Global Economy
This talk was given at a local TEDx event, produced independently of the TED Conferences. Economic theory is centuries out of date and that's a disaster for ...
2014
Level: beginner
Why it's time for 'Doughnut Economics'
This is webinar series organized by the SOAS Open Economic Forum and the SOAS Economics Department with speakers from the same department as well as other academic figures.
2020
Level: beginner
The Economics of Covid-19 | SOAS University of London
This article considers the strengths of agent-based modelling and the ways that it can be used to help central banks understand the economy. These models provide a complement to more traditional economic modelling which has been criticised in the wake of the Great Recession.
2016
Level: advanced
Agent-based models: understanding the economy from the bottom up
Exploring Economics, an open-access e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
2019
Level: advanced
Marx's approach to economics: a claim for subjective praxis
Exploring Economics, an open-access e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
2017
Level: advanced
Socialist alternatives to capitalism II: Vienna to Santa Fe
Exploring Economics, an open-access e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
2015
Level: expert
Socialist Calculation and Market Socialism
Exploring Economics, an open-access e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
2013
Level: expert
Horizontalists, verticalists, and structuralists: The theory of endogenous money reassessed
Exploring Economics, an open-access e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
2019
Level: expert
Monetary sovereignty is a spectrum: modern monetary theory and developing countries
This book gives a very clear overview of the history of Macroeconomics and how it has evolved. It reflects on the different perspectives and debates that have defined the field, with valuable insight into the history and theory of economic policy.
2005
Level: advanced
Modern Macroeconomics
This blog post reviews "Democratizing Finance", an edited volume that analyses and provides policy proposals to ensure that the financial system serves the public good. Mquzama undertakes the task of summarising the main takeaways from each essay in the book as well as an exposition of its shortfalls. While he acknowledges the necessity of the book's reimaging capitalism and the financial system in a way that is practical within the current economic and political structures, he also highlights its failure to look beyond the United States of America.
2022
Level: beginner
Book Review: Democratizing Finance
This book is about history of monetary economic thought. From the 18th century with Hume and Smith to the early 20th, the author explains the different schools of thought regarding the monetary theories and policies and specially the central banking theory.
2012
Level: advanced
Monetary Theory and Policy from Hume and Smith to Wicksell
Dani Rodrik reflects in this book on important questions about how economics works and what might be wrong with it. He points out flaws and weakness of the discipline, but also argues that certain criticisms which have brought forward against are without merit. His central point is that there is not just one economic model, but a variety of them and it is important to apply judgment when selecting the most suitable one for a particular situation.
2016
Level: beginner
Economics Rules
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
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
The objective of the course is to explore the main strengths and weaknesses of orthodox and heterodox paradigms within development economics.
2019
Level: beginner
Issues in Development 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
Feminist economics focuses on the interdependencies of gender relations and the economy. Care work and the partly non-market mediated reproduction sphere are particularly emphasised by feminist economics.
Feminist Economics
Why has heterodox economics not been more successful in making inroads into the mainstream? And why has “pluralist economics,” the most prominent alternative paradigm to mainstream economics, not been more successful in changing the curriculum?
Level: advanced
The Project of Pluralism
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
In this essay the authors take a look at how welfare could be provided in a degrowth society.
2019
Level: beginner
Bidding farewell to growth: How to provide welfare in a degrowth society
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.
2025
Level: beginner
The foundational economy: Focusing on what matters
This course provides future change makers in public and private sectors with a comprehensive overview on the structures and actors that shape markets.
2019
Level: beginner
The Governance of Markets in Challenging Times: From Classic Authors to New Approaches

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