RETHINK
ECONOMICS
RETHINK
ECONOMICS
... and receive personalised notifications on
new pluralistic content directly into your inbox!

1201 results

Richard Werner touches on a number of topics in this Odd Lots Podcast episode. As one of the pioneers when it comes to money and credit creation, he gives interesting insights into his early research on this topic. He then explains what he calls the “Quantity Theory of Credit” and is an alternative to the "Quantity Theory of Money".
2020
Level: advanced
Japanification, Quantitative Easing, money creation and Re-Igniting the U.S. Economy
This is a great book Against the background of the dogmatism of much of modern economics Fullbrook has produced an innovative wide ranging argument for narrative pluralism The timely book is beautifully written accessible to all provocative extraordinarily insightful and extremely compelling Tony Lawson Cambridge University UK This fascinating and …
2016
Level: advanced
Narrative Fixation in Economics
Challenging the Mainstream in the Twentieth Century Economics is a contested academic discipline between neoclassical economics and a collection of alternative approaches such as Marxism radical economics Institutional economics Post Keynesian economics and others that can collectively be called heterodox economics Because of the dominance of neoclassical economics the existence …
2011
Level: advanced
A History of Heterodox Economics
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
"his course introduces the complex, but critical, concepts of sustainability and resilience and examines your impact on our environment."
Level: beginner
Sustainability, Resilience, and Society
First some properties about the Sum of squared residuals and the linear regression function are restated. In particular three properties that an ideal fitted regression line must fulfill are discussed. Then, the R squared is defined using the measures of the Sum of squared residuals, the total sum of squares and the sum of explained squares.
2013
Level: advanced
Econometrics // Lecture 3: OLS and Goodness-Of-Fit (R-Squared)
Keen first compares neoclassical approaches to modelling with heterodox ones. Then he discusses in length the required assumptions and the inconsistencies of the aggregate demand and supply model, which is extrapolated from a micro perspective. At the end some dynamic models with feedback mechanisms are shown.
2016
Level: advanced
The Mainstream Obsession with Microfoundations and why it is an intellectual dead-end
Even if men were perceived as the main protagonists of the Greek crisis, the crisis had a deep impact on disadvantaged groups, in particular migrant women working as domestic labourers. The debate presents the particular impact on migrant women of the downturn and furthermore discusses how migrant struggles and other emancipatory movements impacted the politics of crisis. The first minutes of the video are in German, but the moderator switches to English.
2015
Level: beginner
Invisible women? Crisis, gender and migration in Greece 2015
In her short contribution, the author questions how the value of goods and services is shaped in current neoclassical teaching. She criticizes the principle of pricing based on marginal income. She discusses what can be called wealth generating, what kind of wealth we need and points out a lack of a value theory.
2018
Level: advanced
Takers and Makers: Who are the Real Value Creators?
Foreign exploitation of economic crises in the developing world has been a central claim of neoliberal critics. This important and recurring international theme is the subject of closer scrutiny in this new collection, where contributors offer competing interpretations of the interaction between international and domestic forces after crises.
2008
Level: advanced
Power and Politics after Financial Crises
The 2022 FIFA World Cup (including the construction work required for it) provides a clear example of economic activity that has taken place despite the financial costs to the Qatari state being an order of magnitude larger than the financial benefits it will receive. Whilst this is a fairly extreme case in terms of how many different costs and benefits are involved and how unequally they have been spread, many economic decisions are more complicated than mere financial calculations and it is therefore vital for students to be able to think about multiple dimensions involved in economic decisions.
2023
Level: beginner
The Economics of a World Cup in Qatar
This book presents a methodological framework for the analysis of intercultural issues frequently misinterpreted by existing theories. It uses a challenge-and-response theory of cultural development to examine the relationship between different natural disasters and threats and the developments of ancient civilizations.
2012
Level: beginner
Introduction to Intercultural Economics
Are there any limits to government spending? In times of war, particularly? And what about the aftermath of such special times when treasuries seemingly feel unshackled from any rules? And are those times really any special? That is what this paper is about.
2019
Level: advanced
Modern Money and the War Treasury
A free online course at Masters-level will enable you to understand the past, present and future role of money in society.
Level: advanced
Money and Society
Big challenges lie ahead for our society: increased automation of work, and the threat of catastrophic climate change. But so, too, are the huge possibilities presented by new technology and better ways of organising our economy in the wake of neoliberalism's failure.
2018
Level: advanced
Economics for the Many
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.
2018
Level: advanced
Towards a practice of fare-free sustainability
Karl Marx was the greatest champion of the labor theory of value. The logical problems of this theory have, however, split scholars of Marx into two factions: those who regard it as an indivisible component of Marxism, and those who wish to continue the spirit of analysis begun by Marx without the labor theory of value.
1993
Level: expert
Use-Value, Exchange Value, and the Demise of Marx's Value Theory of Labor
Research on consumption from an environmental perspective has exploded since the late 1990s. This important new volume cuts across disciplines to present the latest research in the field. The book is divided into three parts, the first of which addresses the problems of consumption both as a concept and as an economic and social force with high environmental impact.
2004
Level: advanced
The Ecological Economics of Consumption
This paper provides a logical framework for complexity economics Complexity economics builds from the proposition that the economy is not necessarily in equilibrium economic agents firms consumers investors constantly change their actions and strategies in response to the outcome they mutually create This further changes the outcome which requires them …
2013
Level: beginner
Complexity Economics : A Different Framework for Economic Thought
Modern Monetary Theory and Practice: An Introductory Text is an introductory textbook for university-level macroeconomics students. It is based on the principles of Modern Monetary Theory (MMT).
2016
Level: advanced
Modern Monetary Theory and Practice: an Introductory Text
This panel is about discussing the international development discipline from a critical perspective, exploring how the current practice entangles with Eurocentric/neo-colonial thoughts and how can we move beyond them.
2018
Level: advanced
Decolonise Development: Thoughts and Theories
This book provides a new methodological approach to money and macroeconomics. Realizing that the abstract equilibrium models lacked descriptions of fundamental issues of a modern monetary economy, the focus of this book lies on the (stylized) balance sheets of the main actors. Money, after all, is born on the balance sheets of the central bank or commercial bank.
2017
Level: beginner
Modern Monetary Theory and European Macroeconomics
This course is part of the SDG initiative addressing the UN Sustainable Development Goals, specifically for the following SDGs [1, 8, 10 and 16].
Level: beginner
Political Economy of Institutions and Development
Thirty-years of economic transformation has turned China into one of the major players in the global capitalist economy. However, its economic growth has generated rising problems in inequality, alienation, and sustainability with the agrarian crises of the 1990s giving rise to real social outcry to the extent that they became the object of central government policy reformulations.
2015
Level: advanced
Social Economy in China and the World
From religious leaders to heads of state, everyone is talking about economic inequality. What form can such inequality take in different countries? What impact does it have on society? And why should it matter to you?
Level: beginner
Challenging Wealth and Income Inequality
This timely book answers the question of whether central banks should specifically target the stability of financial systems and if so, what kind of policies should be adopted to prevent or mitigate financial instability.
2025
Level: beginner
Central Banking, Monetary Policy and Financial In/Stability
New Tools of Economic Dynamics gives an introduction and overview of recently developed methods and tools, most of them developed outside economics, to deal with the qualitative analysis of economic dynamics. It reports the results of a three-year research project by a European and Latin American network on the intersection of economics with mathematical, statistical, and computational methods and techniques.
2005
Level: advanced
New Tools of Economic Dynamics
Those who control the world’s commanding economic heights, buttressed by the theories of mainstream economists, presume that capitalism is a self-contained and self-generating system.
2021
Level: beginner
Capital and Imperialism
In this refreshingly revisionist history, Erik Reinert shows how rich countries developed through a combination of government intervention, protectionism, and strategic investment, rather than through free trade.
2007
Level: advanced
How Rich Countries Got Rich ... and Why Poor Countries Stay Poor
Framing borders as an instrument of capital accumulation imperial domination and labor control Walia argues that what is often described as a migrant crisis in Western nations is the outcome for the actual crisis of capitalism conquest and climate change This book shows the displacement of workers in the global …
2021
Level: advanced
Border and Rule
This edited volume explores how dependency theories can be adapted and applied to understand limits and possibilities for development in Latin America and Europe It explores core periphery relations across different sets of countries specific mechanisms of dependency as well as the role of race and gender in dependency analysis …
2021
Level: advanced
Dependent Capitalisms in Contemporary Latin America and Europe
As the global economic landscape evolves, demographics shift, inequality expands, climate change gets worse and technology continues to advance at breakneck speed, Gross Domestic Product (GDP) is struggling to stay relevant.
2021
Level: beginner
Beyond GDP - Wellbeing Economy, Happiness Index and the postgrowth debate

Donate

This project is brought to you by the Network for Pluralist Economics (Netzwerk Plurale Ökonomik e.V.).  It is committed to diversity and independence and is dependent on donations from people like you. Regular or one-off donations would be greatly appreciated.

 

Donate