RETHINK
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448 results

An Introduction to the Political Theory of John Maynard Keynes. John Maynard Keynes was arguably the greatest economist of the 20th century. He discovered the idea that governments should stimulate demand during economic downturns.
2017
Level: beginner
An Introduction to the Political Theory of John Maynard Keynes
Peter Bofinger argues that the Modern Monetary Theory gives theoretical justification for bold answers to the corona crisis.
2020
Level: beginner
Coronavirus crisis: now is the hour of Modern Monetary Theory
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
The Lecturer Prof. Francesco Lissoni presents basic concepts of the Economics of Innovation. Firstly, he distinguishes between invention, innovation and diffusion and relates innovation to economic growth. Subsequently, he elucidates learning and network effects.
2012
Level: advanced
Economics of Innovation 1/2
The article is a formal response to the debate between the economists Diane Coyle and Howard Reed, whose articles were published online by Prospect magazine in 2018. Then, it was taken by Rethinking Economics as representative for the vision of the global network which advocates for changing economics curricula. In fact, it clearly solves some issues within the debate around pluralism by explaining its common misunderstandings among academics and its true - often mislead - meaning.
2018
Level: advanced
Deliberate Misunderstandings in Economics: What Pluralism Really Means
In spite of the manifold critique about the state of economics in the aftermath of the financial crisis, an even increasing presence of economists and economic experts can be observed in the public sphere during the last years. On the one hand this reflects the still dominant position of economics in the social sciences as well as the sometimes ignorant attitude of economists towards findings of other social sciences. On the other hand this paper shows that the public debate on politico-economic issues among economists is dominated by a specific subgroup of economists, tightly connected to an institutional network of “German neoliberalism”. This group of “public economists” (i) is dominant in public debates even after the financial crisis, (ii) reproduces the formative German economic imaginary of the Social Market Economy in a German neoliberal interpretation and (iii) has a good access to German economic policymaking, rooted in a long history of economic policy advice.
2016
Level: advanced
Still the queens of social sciences? (Post-)Crisis power balances of “public economists” in Germany
An increasing number of older women are facing uncertain economic futures. The Women in Economics Network (WEN) in Australia hosted a webinar to explore the emerging situation and public policy responses that can reduce the number of older women at risk of experiencing poverty and homelessness.
2021
Level: beginner
Women's economic wellbeing in older age
Yao Graham, coordinator of Third World Network- Africa, reflects on lessons learned from past Economic Partnership Agreements (EPAs), specifically as they relate to the Post-Cotonou Agreement.
2020
Level: beginner
Lessons From Economic Partnership Agreements to the Post- Cotonou Framework
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
A comprehensive account of how government deficits and debt drive inflation
2023
Level: advanced
The Fiscal Theory of the Price Level
As opposed to the conventional over-simplified assumption of self-interested individuals, strong evidence points towards the presence of heterogeneous other-regarding preferences in agents. Incorporating social preferences – specifically, trust and reciprocity - and recognizing the non-constancy of these preferences across individuals can help models better represent the reality.
2019
Level: advanced
A fresh perspective to economic theory: Social preferences and their impact on gender and policy
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.
2023
Level: expert
A holistic theory of financialisation
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
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 is an immensely important book for any student of social theory interested in understanding the colonial roots of a lot of contemporary thinking From a post colonial perspective Gurminder Bhambra and John Holmwood unpack how the emergence of modern society in the context of European colonialism and empire impacted …
2021
Level: advanced
Colonialism and Modern Social Theory
The goal of the class is to acquire familiarity with recently-published research in alternative macroeconomics with a focus on the distribution of income and wealth, cyclical growth models, and technical change.
2021
Level: beginner
Theory Seminar Macro-Distribution
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
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
Popularized by movies such as A Beautiful Mind game theory is the mathematical modeling of strategic interaction among rational and irrational agents Over four weeks of lectures this advanced course considers how to design interactions between agents in order to achieve good social outcomes Three main topics are covered social …
Level: advanced
Game Theory II: Advanced Applications
Developmental economics
2021
Level: beginner
The roots of dependency theory
In this interview, Elizabeth Currid-Halkett presents her view on how "the leisure class has been replaced by a new elite, and how their consumer habits affect us all".
2017
Level: beginner
A Theory of the Aspirational Class
Looking for a pithy introduction into John Maynard Keynes's economic thinking? This BBC radio programme may be it.
2018
Level: beginner
Keynesianism: The Story Behind This Key Economic Theory
For many social critics "globalization" is a signpost of “late-capitalism” with the rise of multinational corporations, mass consumption and the multidirectional flows of capital, labor, media, communication, ideologies and social movements across national borders. Feminist analyses of globalization and the gendered and sexualized permutations of these phenomena offer a critical stance for theorizing these processes, and for studying their complex articulations across time and space.
Level: advanced
Feminist Inroads in Epistemology, Method, and Theory
This course attempts to explain the role and the importance of the financial system in the global economy. Rather than separating off the financial world from the rest of the economy, financial equilibrium is studied as an extension of economic equilibrium. The course also gives a picture of the kind of thinking and analysis done by hedge funds.
2009
Level: beginner
Financial Theory
After long-time negligence, the Global South and the North-South divide are back on the agenda of development economics again. This book is a neat, accessible introduction into the topic, covering both the current situation and potential remedies from different points of view.
2001
Level: beginner
Readings in the Theory of Economic Development
Think Academy Think Academy
Level: beginner
Emergence Theory
This lecture was held in the context of the a two day conference called Which pluralism for thinking about how to achieve a more sustainable and resilient economy The practices institutions and system logics of today s economy are not suitable for appropriately addressing fundamental human needs The climate crisis …
2021
Level: beginner
Mainstream Theory of Finance
In a challenge to conventional views on modern monetary and fiscal policy, this book presents a coherent analysis of how money is created, how it functions in global exchange rate regimes, and how the mystification of the nature of money has constrained governments, and prevented states from acting in the public interest.
2015
Level: advanced
Modern Money Theory
Neoclassical economics focuses on the allocation of scarce resources. Economic analysis is mainly concerned with determining the efficient allocation of resources in order to increase welfare.
Neoclassical Economics
Commons stand for a plurality of practices ‘beyond market and state’ as the famous Commons scholar – and first female noble prize winner of economics - Elinor Ostrom put it. Their practice and theory challenge classical economic theory and stand for a different mode of caring, producing and governing. Within this workshop we want to dive into theory, practice and utopia of Commons following four blocks...
2022
Level: beginner
The Future of Commons
In this article, Perry Mehrling, a professor of economics at Barnard College, presents and discusses three theories of banking which are guiding bank regulation. These are credit creation theory, fractional reserve theory and debt intermediation theory.
2016
Level: advanced
Central Bank theories of Banking and Money
Austrian economics focuses on the economic coordination of individuals in a market economy. Austrian economics emphasises individualism, subjectivism, laissez-faire politics, uncertainty and the role of the entrepreneur, amongst others.
Austrian Economics

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