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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
According to Karl Marx, work should satisfy people and encourage creativity. But the capitalist production, the separation of labour and the exploitation of workers alienates them from their products.
2015
Level: beginner
Karl Marx on Alienation
This paper presents an inquiry into the observed results when governments have implemented one or other type of (opposed) economic policy prescribed in economics to reverse the consequences of a global economic crisis.
2023
Level: beginner
Fiscal austerity vs. expansionary fiscal policy: on the results of these opposed economic policies applied to fight recessions
The Wealth of Ideas traces the history of economic thought, from its prehistory (the Bible, Classical antiquity) to the present day.
2005
Level: beginner
The Wealth of Ideas
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
Paul Collier describes the four important topics that he thinks would help the "bottom billion" in the long-run: aid, trade, security and governments. In this short video, Collier explains why he considers government support important.
2013
Level: beginner
The "bottom billion"
What does it mean that gender is performative? In this short video, Judith Butler illustrates that gender is a culturally formed norm that is permanently produced and reproduced.
2011
Level: beginner
Your Behavior Creates Your Gender
David Harvey is a Distinguished Professor of Anthropology Geography at the Graduate Center of the City University of New York CUNY the Director of Research at the Center for Place Culture and Politics and the author of numerous books He has been teaching Karl Marx s Capital for nearly 50 …
Level: advanced
Reading Marx’s Capital
Think Academy Think Academy
Level: beginner
Emergence Theory
Florian Kern replies to Zoltan Pozsar's analysis about the effects of the war in Ukraine on the global financial order and refutes the latter's prognosis of the demise of the US dollar as the world's reserve currency
2022
Level: advanced
Why the war in Ukraine does not jeopardise the dollar's reserve currency status
This book introduces 40 critical pointers for those who wish to see the theory in a broader, more realistic context. The material is suitable for introductory and intermediate courses and can be included selectively by students for additional reading or in lectures or tutorials as discussion points. "Students of mainstream economics need a guide like this to help them understand the underlying assumptions, limitations and inbuilt biases of what they are studying. It helps them open their eyes to a broader view of how real economies work."
2016
Level: advanced
40 Critical Pointers for Students of Economics
In this book, Kalyan Sanyal reviews the traditional notion of capitalism and propounds an original theory of capitalist development in the post-colonial context. In order to substantiate his theory, concepts such as primitive accumulation, governmentality and post-colonial capitalist formation are discussed in detail.
2013
Level: beginner
Rethinking Capitalist Development
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?
A comprehensive account of how government deficits and debt drive inflation
2023
Level: advanced
The Fiscal Theory of the Price Level
This collection of essays, a supplement to History of Political Economy, brings together prominent scholars from economics, sociology, literature, and history to examine the role of biography and autobiography in the history of economics. The first of its kind, this volume looks at the relevance of first-person accounts to narrative histories of economics.
2007
Level: advanced
Economists' Lives
This book represents a new foundation for the study of microeconomics, viewed from a broad perspective that takes into account new developments at the intersections with psychology, political science, the natural sciences and philosophy.
2014
Level: beginner
Microeconomics. A fresh start
"Could a cooperative market economy, in which firms are owned and controlled by their workers, be a viable and efficient alternative to capitalism?"
Level: beginner
Economic Democracy: The Cooperative Alternative
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
This video by the Khan Academy presents the difference between monetary policy and fiscal policy and how they affect aggregate demand. The video especially elaborates on the basic explanation on how expansionary monetary policy increases aggregate demand via the market for money and the AD-AS model.
2012
Level: beginner
Monetary and fiscal policy | Aggregate demand and aggregate supply | Macroeconomics
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
Exploring Economics, an open-source e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
2020
Level: beginner
A Time for Precaution
First published in 1983. A collection of papers directed at those outside the field of Economics, to open up discussions around the scientific worth of Economics.
2020
Level: advanced
Why Economics is not yet a Science
This multimedia dossier explores the production chain of smartphones. In particular due to the violation of workers' rights and low payments, the author Benjamin Selwyn calls those production structures global poverty chains. In this context, he points to the importance of workers' struggles.
2016
Level: beginner
Production Chain of Smartphones
The podcast is an interview of Silvia Federici by David Denvir. It is centred around her book 'Caliban and the Witch - Women, the Body and Primitive Accumulation', but they also draw lines to contemporary issues and political struggles. Federici analyses the emergence of capitalism through a radical Feminist-Marxist lens.
2019
Level: advanced
Silvia Federici on Women and Capitalism
This is the second part of the seminar A Hard Currency of Politics The discussion centers on the The Currency of Politics by Stefan Eich and is hosted by the journal European Law Open Stefan Eich s presentation of his argument starts at minute 7 53 The discussion centers on …
2022
Level: beginner
European Law Open discussion of "The Currency of Politics" by Stefan Eich
Der Vortrag im Rahmen der Hamburger Klimaringvorlesung „Another World Is Still Possible“ führt in die Neue Planungsdebatte ein und stellt dar, inwieweit eine demokratische ökonomische Wirtschaftsplanung gegen die Klimakrise helfen kann.
2023
Level: advanced
Failing to Plan is Planning to Fail
In this video, the most famed biographer of John Maynard Keynes, Robert Skidelsky, explores the foundations of Keynesian economics
2010
Level: beginner
Keynesian Economics - It's All About Spending
In Trouble in Paradise, Slavoj Žižek, one of our most famous, most combative philosophers, explains how by drawing on the ideas of communism, we can find a way out of the crisis of capitalism.
2015
Level: advanced
Trouble in Paradise
"Specialise!" is the advice often given by career advisers, school teachers and the like. David Epstein takes the opposite position: In an ever more specialised, highly complex world, it pays to have good old-fashioned broad common knowledge in as many areas as you take interest in, both in terms of intellectual curiosity and professional success. To have a decent grasp of various aspects of life means to be able to discern the links between them, thus developing a better understanding of how our world works and what drives events as they unfold.
2020
Level: beginner
Range
Exploring Economics, an open-source e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
2020
Level: beginner
Yes, Money is Endogenous. Who Cares?
The notion that the demand and supply side are independent is a key feature of textbook undergraduate economics and of modern macroeconomic models. Economic output is thought to be constrained by the productive capabilities of the economy - the ‘supply-side' - through technology, demographics and capital investment. In the short run a boost in demand may increase GDP and employment due to frictions such as sticky wages, but over the long-term successive rises in demand without corresponding improvements on the supply side can only create inflation as the economy reaches capacity. In this post I will explore the alternative idea of demand-led growth, where an increase in demand can translate into long-run supply side gains. This theory is most commonly associated with post-Keynesian economics, though it has been increasingly recognised in the mainstream literature.
2020
Level: beginner
It’s Demand All the Way Down
Critique of neoclassical economics is presented and contrasted with the more realistic assumptions made by an complex adaptive systems and evolutionary approach.
2014
Level: beginner
Complexity Science: 11 Complexity Economics

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