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Economic development is a process of continuous technological innovation and structural transformation. Development thinking is inherently tied to the quest for sustainable growth strategies. This book provides a neoclassical approach for studying the determinants of economic structure and its transformation and draws new insights for development policy.
New Structural Economics
Thinking in Systems, is a concise and crucial book offering insight for problem solving on scales ranging from the personal to the global. Edited by the Sustainability Institute's Diana Wright, this essential primer brings systems thinking out of the realm of computers and equations and into the tangible world, showing readers how to develop the systems-thinking skills that thought leaders across the globe consider critical for 21st-century life.
Thinking in Systems
This lecture offers a general and introductory overview of the theory of racial capitalism, focusing on the origins of racial capitalism and some of the debates it has generated.
Introduction to Racial Capitalism
How exactly are persisting social inequalities and the operations of modern finance connected? Adam Tooze provides a detailed answer to a still relevant problem by focusing on the Great Financial Crisis and the role of the finance industry in the USA.
Crashed: How a Decade of Financial Crises Changed the World
The concern of this book is how to model time series statistically and there is emphasized the practical, applied aspects of statistical time series modeling. The author aims to provide methods that may be used to understand and analyze time series that accur in the “real world” that researchers face.
Applied Time Series Analysis
The Routledge Handbook of Heterodox Economics presents a comprehensive overview of the latest work on economic theory and policy from a 'pluralistic' heterodox perspective.
Contributions throughout the Handbook explore different theoretical perspectives including: Marxian-radical political economics; Post Keynesian-Sraffian economics; institutionalist-evolutionary economics; feminist economics; social economics.
The Routledge Handbook of Heterodox Economics
That’s why it is time, says renegade economist Kate Raworth, to revise our economic thinking for the 21st century. In Doughnut Economics, she sets out seven key ways to fundamentally reframe our understanding of what economics is and does.
Doughnut Economics
Green Growth has been increasingly discussed as a solution to the socio-ecological crisis. But can economic growth be sustainable at all?
Is Green Growth a myth?
In this podcast, Amy Goodman and Juan González explore together with Joseph Stiglitz, a Nobel Prize-winning economist, inequality and the state of the U.S. economy. Topics they touch upon are capitalism, taxation, powerlessness of citizens and Joseph Stiglitz's book entitled People, Power, and Profits: Progressive Capitalism for an Age of Discontent.
Capitalism Hasn’t Been Working for Most People for the Last 40 Years - Podcast with Joseph Stiglitz
A comprehensive textbook on contemporary Global Political Economy and its historical evolution providing a broad-ranging and even-handed introduction to the subject by covering traditional elements (such as trade and finance) while also analysing issues such as gender, environment and labour.
Global Political Economy
In order to describe the global structure of the monetary and financial system and its effects on the global economy, most economics textbooks rely on unappropriated theories that provide nothing but outdated descriptions. In this talk, key speakers in economics, economic history and banking try to make this complex system a little more understandable by relying on real-world insights.
Global Money: Past, Present, Future
In a capitalist system, consumers, investors, and corporations orient their activities toward a future that contains opportunities and risks. How actors assess uncertainty is a problem that economists have tried to solve through general equilibrium and rational expectations theory. Powerful as these analytical tools are, they underestimate the future's unknowability by assuming that markets, in the aggregate, correctly forecast what is to come.
Imagined Futures
The most influential and controversial economist of the twentieth century, John Maynard Keynes was the leading founder of modern macroeconomics, and was also an important historical figure as a critic of the Versailles Peace Treaty after World War I and an architect of the Bretton Woods international monetary system after World War II.
The Elgar Companion to John Maynard Keynes
The world has changed dramatically in recent years and so has the field of economics, but many introductory economics textbooks have remained stuck in the past. This book provides a new beginning for the study of macroeconomics, fundamentally international in its approach and emphasizing current debates and research trends.
Macroeconomics
Ecological economics addresses one of the fundamental flaws in conventional economics--its failure to consider biophysical and social reality in its analyses and equations. Ecological Economics: Principles and Applications is an introductory-level textbook that offers a pedagogically complete examination of this dynamic new field.
Ecological Economics - A Workbook for Problem-Based Learning
The third edition of Political Economy: The Contest of Economic Ideas is a fully updated overview of the political economy and its connection with social concerns. This book investigates the main traditions of economic ideas and provides a 'big picture' overview of the analytical tools and value judgements associated with competing schools of economic thought.
Political Economy
Planetary Mine rethinks the politics and territoriality of resource extraction, especially as the mining industry becomes reorganized in the form of logistical networks, and East Asian economies emerge as the new pivot of the capitalist world-system.
Planetary Mine
Finance at the Threshold offers a unique perspective from an English economic and monetary historian. In it the author asks: Why did the banks stop lending to one another, and why now? Was it merely a matter of over-loose credit due to the relaxation of traditional prudence, or did global finance find itself at its limits?
Finance at the Threshold
This book highlights the political economy of wealth and income inequality in Latin America. The author segments his analysis to separately evaluate the economic, social, and political costs of inequality building on country case studies. It draws well-contextualized lessons from the Latin American experience that is important to consider for other regional contexts, especially for social policies of nations within the 'Middle Income Trap'.
The Costs of Inequality in Latin America
Thomas Piketty's Capital in the Twenty-First Century is the most widely discussed work of economics in recent history, selling millions of copies in dozens of languages. But are its analyses of inequality and economic growth on target? Where should researchers go from here in exploring the ideas Piketty pushed to the forefront of global conversation? A cast of economists and other social scientists tackle these questions in dialogue with Piketty, in what is sure to be a much-debated book in its own right.
After Piketty
Three dominant forces worldwide are driving change today in our financial markets: competition, technology and regulation. But their collective impact in reshaping the markets, though they may be viewed individually as desirable or well-intentioned, is producing challenging results that are difficult to predict, hard to control and not easy to understand.
Rethinking Regulatory Structure
Mainstream economic theory has been increasingly questioned following the recent global financial crisis. Marc Lavoie shows how post-Keynesian theory can function as a coherent substitute by focusing on realistic assumptions and integrating the financial and real sides of the economy.
Post-Keynesian Economics
In this book, Blakely tells us a story of the class nature of capitalism, in which she centers the role of the financial sector and its rapid growth.
Stolen
Why are some nations more prosperous than others? Why Nations Fail sets out to answer this question, with a compelling and elegantly argued new theory: that it is not down to climate, geography or culture, but because of institutions.
Why Nations Fail
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 …
Narrative Fixation in Economics
Financial Evolution at the Speed of Thought A new evolutionary explanation of markets and investor behaviorHalf of all Americans have money in the stock market yet economists can t agree on whether investors and markets are rational and efficient as modern financial theory assumes or irrational and inefficient as behavioral …
Adaptive Markets
First historical instances of colonialism such as the crusades are revisited. Then a lengthy account of the colonial experience of the Spanish Kingdom in South America and of the British Empire in India is given. The Indian case is illustrated with large amounts of archival materials from a colonial administrator. There the workings of the colonial bureaucracy and law and its (positive) achievements as well as the ignorance and arrogance of the external rulers are demonstrated. After narrating the Indian independence to some depth some recent colonial wars (Algeria, Vietnam, Congo, Angola) are briefly examined. In the end, the impact of colonialism on current, i.e. 1970s, (economic) international relations is discussed. The general tenor is that colonialism is a dysfunctional system. Still, agency is mostly placed with the empire rather than with the ruled.
The Age of Uncertainty Episode 4 The Colonial Idea
In this lecture, Beatrice Cherrier explains why it is worth to research the history of JEL codes. The changing relationship between theory and application and the rise and death of new economic topics in the XXth century through the successive revisions of the classification system economists use to publish, recruit and navigate their discipline.
Understanding the transformation of Economics through the history of JEL codes
This panel discusses the role of mathematics and history in economics. Lord Robert Skidelsky and Dr. Ha-Joon Chang advocate for a more prominent role of history and a less prominent role of mathematics within economics. Prof. Steve Pisckhe and Prof. Francesco Caselli defend the dominant role of mathematics within economics. Each of the speakers gives a 10-15 minutes talk advocating his position, before the panel is opened up for Q&A. The discussion is moderated by Prof. James Foreman-Peck.
Too much Maths, too little History: The problem of Economics
This content submission has two parts: (1) a link to the post by Wolf Richter on deterioration of US subprime credit card debt and loans, driven in part by the overuse of hedonic quality adjustments in the Consumer Price Index (CPI) used by the US Bureau of Labor Statistics, and (2) to introduce Exploring Economics to the website Naked Capitalism, which is an effort to promote critical thinking through the medium of a finance and economics blog and fearless commentary.
What’s Behind the Subprime Consumer Loan Implosion?
The Sufficiency Policy Map is an online tool for initiatives, political actors, organisations and individuals. It provides recommendations, strategies and communication tools for realizing projects and policy around the topic sufficiency. Sufficiency projects have the aim to reduce one's own ecological footprint.
Sufficiency Politics Map
In this podcast, Laura Basu speaks with a range of expert academics and public speakers – such as Jayati Ghosh, Yanis Varoufakis, Walden Bello, and Ashish Kothari about how the rules of the global economy are fostering the inequality and underdevelopment we see today.
Decolonising the Global Economy
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