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In this book, distinguished economist Edith Kuiper shows us that the history of economic thought is just that, a his-story, by telling the herstory of economic thought from the perspective of women economic writers and economists. Although some of these women were well known in their time, they were excluded from most of academic economics, and, over the past centuries, their work has been neglected, forgotten, and thus become invisible.
2022
Level: beginner
A Herstory of Economics
Covering Institutionalist, Post-Keynesian, Marxist, and Feminist perspectives, Heterodox Economics of Military Spending provides a comprehensive analysis of the effect of military expenditures on the economy.The impact of military spending on economic growth has always been a crucial issue for policymakers and academics. There exists an extensive body of literature on how military spending affects macroeconomic variables, including but not limited to economic growth, profit rates, income inequality, gender inequality, and employment.
2025
Level: advanced
Heterodox Economics of Military Spending
Trickle Down Economics - an old topic, but still present in our lives. The idea consists of deregulation of the economy and of lower tax for the top in order to increase the "size of the pie" so everybody would have a bigger piece, even with a smaller share.
2015
Level: beginner
A critique to Trickle-down economics
The likely global impacts of the economic fallout from the Coronavirus and how we might be better prepared than the 2008 economic crisis to put forward progressive solutions.
2020
Level: beginner
The coming global recession: building an internationalist response
Can pluralism in economics be useful to tackle the fight against climate change? How can diversity in methods and ideas allow for a better understanding of the issue of the climate crisis? What solutions do different schools of thought offer to overcome the most pressing challenge of the 21st Century?
2020
Level: beginner
Clips on Climate: Ecological Economics
Can pluralism in economics be useful to tackle the fight against climate change? How can diversity in methods and ideas allow for a better understanding of the issue of the climate crisis?
2020
Level: beginner
Clips on Climate: Behavioral Economics
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.
2022
Level: beginner
African History through the lens of Economics
The term "de-risking" can be seen as one element of a strategy aimed at discursively reframing the trade policy confrontation with China. This confrontation has mainly been driven by the US in recent years and received initially cautious, but later growing support from the EU.
2023
Level: beginner
De-risking, de-coupling, de-globalization?
This text summarizes the content of the 2018 Nobel Prize winner W. Nordhaus. It is extended by some critical perspectives on this topic. The short dossier gives an overview of the most important texts we have read in the climate economics reading group.
2018
Level: beginner
Climate Economics and the DICE Model
Adam Smith's concept of the invisible hand and its subsequent perception in economics is illustrated in this short video.
2015
Level: beginner
The invisible hand
Dirk Bezemer exemplary presents pattern of the U.S. economy before the 2007 economic crisis and explains how due to those pattern the crisis could have been, unless not precisely predicted, yet anticipated.
2014
Level: beginner
Prof Dirk Bezemer on 2007/2008 Financial Crisis
Economic theory must distinguish between publicly owned and privately owned property if it is to account for the effect of institutions on the behavior of individuals. Careful study of the theories of Marxists and the real-world experience in the Soviet economy offer important lessons and insight for economic modeling and the ongoing development of theory. In this course, Marxist/Leninist theory and Soviet reality will be studied with an open mind, and with the goal of taking lessons from the case study. To what extent was the Soviet economy an accurate expression of Marxist theory? If Marxism were tried somewhere else would the results be the same?
2014
Level: advanced
Economic History of the Soviet Union
The main goal of this website is to make Economics less confusing. You can explore what the discipline of Economics is and could be. Learn about basic Economic terms and jargon.
2019
Level: beginner
ecnmy.org - What is the Economy?
What does GDP measure? How was it constructed and how did it become so important? What are alternatives? A historical introduction into the critique of GDP as measure of economic welfare.
2015
Level: beginner
Dirk Philipsen on GDP
What is money and how is it used? After answering these questions, Dirk Bezemer analyses how finance can be dysfunctional for the real economy.
2016
Level: beginner
When is Finance Bloated and Dysfunctional?
Multimedia dossier on unpaid labor (featuring the UK statistics office unpaid work calculator), migrant care labor and feminist political economy more generally.
2017
Level: beginner
Housework – I-PEEL.org
In this video Manuela Mosca talks briefly about the role of women in economics from the perspective of history of economic thought She then introduces the book A History of Feminist and Gender Economics written by Giandomenica Becchio Manuela Mosca The European Society for History of Economic Thought
2020
Level: beginner
Manuela Mosca on Giandomenica Becchio, A History of Feminist and Gender Economics
In this episode of Jacobin radio, James K. Galbraith elaborates on the economic policies for the corona crisis, and Aaron Benanav on the crisis of unemployment. James K Galbraith also discusses why the economy as currently organized has been unable to deal with the challenges of the pandemic.
2020
Level: beginner
Jacobin Radio: economic policies for the corona crisis
The Austrian School of Economics is an intellectual tradition in economics and political economy dating back to Carl Menger in the late-19th century. Menger stressed the subjective nature of value in the individual decision calculus. Individual choices are indeed made on the margin, but the evaluations of rank ordering of ends sought in the act of choice are subjective to individual chooser.
2015
Level: advanced
The Oxford Handbook of Austrian Economics
Understanding international trade is central to economics and is currently a hot political issue. It’s an area where popular perceptions of mainstream economics are low, since they have historically missed some important downsides of trade agreements, especially the hollowing out of former manufacturing hubs in the Western world. et economists have for long time had a theory of trade with an impressive amount of scientific clout behind it: the gravity trade model.
2020
Level: beginner
A Theory of Enormous Gravity
In this paper the main developments in post-Keynesian macroeconomics since the mid- 1990s will be reviewed. For this purpose the main differences between heterodox economics in general, including post-Keynesian economics, and orthodox economics will be reiterated and an overview over the strands of post-Keynesian economics, their commonalities and developments since the 1930s will be outlined. This will provide the grounds for touching upon three important areas of development and progress of post-Keynesian macroeconomics since the mid-1990s: first, the integration of distribution issues and distributional conflict into short- and long-run macroeconomics, both in theoretical and in empirical/applied works; second, the integrated analysis of money, finance and macroeconomics and its application to changing institutional and historical circumstances, like the process of financialisation; and third, the development of full-blown macroeconomic models, providing alternatives to the mainstream 'New Consensus Model' (NCM), and allowing to derive a full macroeconomic policy mix as a more convincing alternative to the one implied and proposed by the mainstream NCM, which has desperately failed in the face of the recent crises.
2012
Level: advanced
Post-Keynesian macroeconomics since the mid-1990s: Main developments
Gilles Carbonnier, Professor of Development Economics and Director of Studies at The Graduate Institute Geneva, explains the emerging field of Humanitarian Economics. It analyses how economics can help to better grasp and respond to humanitarian crises, and why capturing market dynamics - including the humanitarian market itself, or in relation to e.g. kidnapping and detention in war - has become critical.
2015
Level: beginner
The Birth of Humanitarian Economics
This lecture by Prof. Dr. Eckhard Hein is part of the Introductory Lectures on Heterodox Economics at the 20th FMM Conference in 2016. It gives a good overview about where Post-Keynesian Economics can be located and what it is all about.
2016
Level: advanced
Introduction to Post-Keynesian Economics
Mainstream inflation theories in economics do little to explain the recent acceleration in price increases. The associated economic policy recommendations further increase the misery of low-income groups.
2023
Level: beginner
The inflation conundrum
The vast uncertainty surrounding the possible spread of COVID 19 and the duration of the near economic standstill required to combat it make forecasting little different from guessing Clearly this is a whatever it takes moment for large scale outside the box fiscal and monetary policies Carmen M Reinhart Project …
2020
Level: advanced
This Time Truly Is Different | by Carmen M. Reinhart
One of the pluralist theories which has gained prominence following the 2008 financial crisis is Hyman Minsky and his Financial Instability Hypothesis (FIH). Minsky was unique in viewing balance sheets and financial flows as the primary components of capitalist economies, and his focus on the financial system meant he was well-equipped for foresee a crisis much like 2008. Although he died long before 2008 his framework anticipated many of the processes which led to the crash, particularly increased risk-taking and financial innovation which would outstrip the abilities of regulators and central banks to manage the system.
2020
Level: beginner
Minsky’s Moments
This guide contains a collection of recommended YouTube channels and YouTube videos in the fields of economics, business and economic policy.
2024
Level: beginner
EconTube: The ultimate guide to pluralist economics channels on YouTube
Neoclassical Economics imposed itself over the past decades as the core of mainstream economics, largely influencing academia and policy making.
2020
Level: beginner
Clips on Climate: Neoclassical Economics
In both economics textbooks and public perceptions central banks are a fact of life. On the wall of my A-level economics classroom there was the Will Rogers quote “there have been three great inventions since the beginning of time: fire, the wheel, and central banking”, summarising how many economists view the institution. There is a widespread belief that there is something different about money which calls for a central authority to manage its operation, a view shared even by staunch free marketeers such as Milton Friedman. This belief is not without justification, since money underpins every transaction in a way that apples do not, but we should always be careful not to take existing institutions for granted and central banking is no exception. In this post I will look at the idea of private or free banking, where banks compete (and cooperate) to issue their own currency.
2020
Level: beginner
Whither Central Banks?
Poster of the different schools of thought made by Sergio A. Berumen. From the Greeks to late 20th and beginning of the 21th century.
2017
Level: beginner
General Guide To Schools Of Economic Thought
This module examines current socio-political issues through the lens of pluralism, that is pluralism of theory, pluralism of method and interdisciplinary pluralism
2020
Level: beginner
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.
2024
Level: advanced
Profit Inflation: Mapping the debate

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