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781 results
A pithy, stimulating debate between three great economists on the heterogeneous character of economic thought
The Future of Heterodox Economics
The webinar covers three different topics that relate to reconciling with the Indigenous people in Australia: financial resilience, childcare/child development and economic participation through business procurement. Despite showing significant strength and resilience in the face of colonial injustices, Australian Indigenous people and their families continue to be affected by past trauma.
How can economics contribute to Indigenous Reconciliation?
So, what does racism have to do with our 21st century economic system? How can we understand institutions who uphold racism while claiming to value diversity and inclusion? And what does it mean to truly be anti-racist?
New Economics Podcast: Why antiracism means anticapitalism
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.
Economics for the People
This essay argues that the dominant growth economics paradigm anchored in increasing consumption output and the metric of Gross Domestic Product GDP is failing to deliver what matters for both human flourishing and ecological survival The article further contends that growth measured merely by output masks social and environmental costs …
What Counts – Why Growth Economics is Failing Us
How can we get people to save more money eat healthy foods engage in healthy behaviors and make better choices in general There has been a lot written about the fact that human beings do not process information and make decisions in an optimal fashion This course builds on much …
Behavioral Economics in Action
This course will cover recent contributions in economic history that, using geospatial data from anthropological maps, colonial archives and secondary sources, will explore current economic and development challenges by drawing parallels between the past and present.
African History through the lens of Economics
This Companion takes stock of the trajectory, achievements, shortcomings and prospects of Marxist political economy. It reflects the contributors' shared commitment to bringing the methods, theories and concepts of Marx himself to bear across a wide range of topics and perspectives, and it provides a testimony to the continuing purpose and vitality of Marxist political economy.
The Elgar Companion to Marxist Economics
This classic text offers a broader intellectual foundation than traditional principles textbooks. It introduces students to both traditional economic views and their progressive critique.
Economics
Experimental economists are leaving the reservation. They are recruiting subjects in the field rather than in the classroom, using field goods rather than induced valuations, and using field context rather than abstract terminology in instructions.
Field Experiments in Economics
What narratives are underrepresented in the history of economic thought? How do economists account for freedom, justice, and democracy in non-Western cultures?
Decolonial Narratives in Economics
In this course you will study the different facets of human development in topics such as education health gender the family land relations risk informal and formal norms public policy and institutions While studying each of these topics we will delve into the following questions What determines the decisions of …
Foundations of Development Policy: Advanced Development Economics
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
The productive work of widely distributed academic research has contributed substantially, over the postwar period, to important advances in our understanding. It has also offered a clearer recognition of many unresolved problems. Never theless, the progress achieved over the last decades, ex hibited by the systematic application of "theory" to actual issues and observable problems, could not overcome a per vasive sense of dissatisfaction.
Economics Social Institutions
The article examines how, in the context of multiple contemporary crises—financial, ecological, and social—interest in alternative economic models such as democratic economic planning has resurged. It outlines historical debates on the feasibility of planning versus markets, discusses contemporary approaches to democratic, digitally supported, and ecologically oriented planning, and identifies research gaps, including social reproduction and Global South perspectives.
Rethinking Economic Planning
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 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
With the onset of an economic crisis that has been universally acknowledged since the end of March, two main questions arise: To what extent is the corona pandemic the starting point (or even the cause) of this crisis? And secondly: can the aid programmes that have been adopted prevent a deep and prolonged recession?
Economic crisis only because of the Corona pandemic?
This essay deals with the concepts of Sustainable Land Management (SLM) and Land Degradation Neutrality (LDN).
The importance of a Land Degradation Neutrality approach to achieving Sustainable Land Management
In this essay, the author takes a critical perspective on the pursuit of growth as the solution for providing for environmental sustainability and economic stability in the countries of Central and Eastern Europe.
Drawing from the framework of dependency theory and presenting brief insights into European core-periphery relations the author then argues for the implementation of an alternative strategy to development that is built around the concept of self-reliance.
Dependency in Central and Eastern Europe - Self-reliance and the need to move beyond economic growth
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?
Environmental catastrophe looms large over politics: from the young person’s climate march to Alexandria Ocasio-Cortez’s Green New Deal, increasing amounts of political space are devoted to the issue. Central to this debate is the question of whether economic growth inevitably leads to environmental issues such as depleted finite resources and increased waste, disruption of natural cycles and ecosystems, and of course climate change. Growth is the focal point of the de-growth and zero-growth movements who charge that despite efficiency gains, increased GDP always results in increased use of energy and emissions. On the other side of the debate, advocates of continued growth (largely mainstream economists) believe that technological progress and policies can ‘decouple’ growth from emissions.
To Grow or Not to Grow?
This course provides an overview of the fundamentals of the economic Methodology.
Economic Methodology
An analysis of the modern neoliberal world, its characteristics, flaws and planetary boundaries aiming to end new economic politics and support a global redistribution of power, wealth and roles.
In this online lecture, economist and Professor at the School of Oriental and African Studies (SOAS), London, UK. Costas Lapavitsas, explains the limitations of the neoliberal market in creating financial stability and growth in both, developing and developed countries.
The Limits to Neoliberalism: how states respond to the crisis
Since the 1980s, the financial sector and its role have increased significantly. This development is often referred to as financialization. Authors working in the heterodox tradition have raised the question whether the changing role of finance manifests a new era in the history of capitalism. The present article first provides some general discussion on the term financialization and presents some stylized facts which highlight the rise of finance. Then, it proceeds by briefly reviewing the main arguments in the Marxian framework that proposedly lead to crisis. Next, two schools of thought in the Marxian tradition are reviewed which consider financialization as the latest stage of capitalism. They highlight the contradictions imposed by financialization that disrupt the growth process and also stress the fragilities imposed by the new growth regime. The two approaches introduced here are the Social Structure of Accumulation Theory and Monthly Review School. The subsequent part proceeds with the Post-Keynesian theory, first introducing potential destabilizing factors before discussing financialization and the finance-led growth regime. The last section provides a comparative summary. While the basic narrative in all approaches considered here is quite similar, major differences stem from the relationship between neoliberalism and financialization and, moreover, from the question of whether financialization can be considered cause or effect.
Financialization and the crises of capitalism
Podcast series with six 12-minute parts introducing the the values and ideas behind our neoliberal economic system: where it came from, how it spread, and how we could do things differently.
Beginner’s Guide to Neoliberalism
Are humans at their core seekers of their own pleasure or cooperative members of society? Paradoxically, they are both. Pleasure-seeking can take place only within the context of what works within a defined community, and central to any community are the evolved codes and principles guiding appropriate behavior, or morality.
From Pleasure Machines to Moral Communities
Although sometimes used as synonyms, economic growth and economic development refer to different processes. While economic growth refers to an increase in real national income and output (i.e., GDP growth rate), economic development refers to an improvement in the quality of life and living standards (i.e., life expectancy).
Could gender equality help the economy?
Have you ever wondered why it is so difficult to follow through on new year’s resolutions, such as to exercise more or to start saving more money towards retirement? The agent that most traditional economic models are based on would not struggle to keep up these resolutions. These agents are referred to as homo economicus.
Homo Economicus: Why are new year’s resolutions so difficult to maintain and economic models so bad at predicting our behaviour?
In this short video Peter Reich illustrates seven aspects of the state of the US economy. He provides suggestions on how to to get started to move towards a more fair distribution of wealth.
Everything You Need to Know About the New Economy
The effects of the 2020 pandemic on the Latin-American region: a thorough before-after analysis.
COVID-19 and Economic Development in Latin America
Could working less make people and the planet better off? Find out in this dossier by exploring the landscape of working time reduction policies and their potential for reimagining, restructuring, and redistributing time as a political resource in the 21st century economy.
Could Working Time Reduction Policies Save People and the Planet?
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