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For many, Thomas Carlyle's put-down of economics as "the dismal science" rings true--especially in the aftermath of the crash of 2008. But Diane Coyle argues that economics today is more soulful than dismal, a more practical and human science than ever before. The Soulful Science describes the remarkable creative renaissance in economics, how economic thinking is being applied to the paradoxes of everyday life.
2009
Level: advanced
The Soulful Science
The economics of worker cooperatives is a branch of economic inquiry with a long and esteemed pedigree, dating at least from the work of John Stuart Mill in the mid-nineteenth century.
2013
Level: advanced
The Economics of Worker Cooperatives
Rethinking Business is a volume of thought-provoking researches that sets out to challenge the paradigm of business along the areas of governance, finance, corporate social responsibility, and sustainability.
2014
Level: advanced
Rethinking Business
The second edition of International Political Economy continues to be the perfect short introduction to the fundamental theories and issues of international political economy (IPE).
2018
Level: advanced
International Political Economy
Experimental economists are leaving the reservation. They are recruiting subjects in the field rather than in the classroom, using field goods rather than induced valuations, and using field context rather than abstract terminology in instructions.
2004
Level: beginner
Field Experiments in Economics
Colonialism persists in many African countries due to the continuation of imperial monetary policy. This is the little-known account of the CFA Franc and economic imperialism.
2021
Level: beginner
Africa's Last Colonial Currency
Introduces four of the most influential economists you'll never read in a modern economics class - Marx, Veblen, Keynes, and Galbraith.
2016
Level: beginner
Introduction to Political Economy
Asset Management firms control large parts of the global economy Just the three American asset management firms BlackRock Vanguard and State Street manage more than half of the combined value of all shares for companies in the S P 500 Their combined managed assets amount to 22 trillion May 2022 …
2022
Level: advanced
Asset Manager Capitalism
This course offered by the International Monetary Fund (IMF) on edX provides an introduction in the major econometric tools used in standard Macroeconomics.
Level: advanced
Macroeconometric Forecasting
In "The Money Problem, "Morgan Ricks argues for a reform of the American monetary system. Taking up foundational questions of monetary policy, he asks: how would we construct a monetary system if we were starting from scratch? What are the characteristics of a monetary instrument?
2016
Level: advanced
The Money Problem
The Currency of Politics explains why only through greater awareness of the historical limits of monetary politics can we begin to articulate more democratic conceptions of money.
2022
Level: advanced
The Currency of Politics
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
Marxist scholar David Harvey explains key concepts of capital from Marx. Applying Marx's analysis of capital to today's world, showing both the longevity and relevance of Marx's Capital, 150 years after its publication.
2017
Level: advanced
Marx, Capital and the Madness of Economic Reason
An overview of the last century economic theories asking what makes a heterodox economist. This lecture focuses on the evolution of the various academic traditions in economics. Lavoie presents his own typology for categorising seminal work within the post-Keynesian tradition while leaving space to acknowledge that categories are not binary, but can be used to help understand the different traditions, and how they have developed over the last decades.
2019
Level: advanced
History and fundamentals of Post Keynesian Macroeconomics
This episode from Odd Lost podcast with financial analyst Zoltan Pozsar features a discussion on the potential long-term financial effects of the Ukraine-Crisis on dollar and the global currency system centered around it.
2022
Level: advanced
Zoltan Pozsar on Russia, Gold, and a Turning Point for the U.S. Dollar
The British historian, Adam Tooze, highlights how the climate crisis is not just an environmental or ecological problem but also a political economy challenge.
2021
Level: beginner
Climate, carbon and class
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
Embracing speculation and liquid identity: The case of the entrepreneur in a post crisis world
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
Hammers, Nails and New Constructions - Orthodoxy or Pluralism: An Institutional View
Although sometimes used as synonyms, economic growth and economic development refer to different processes. While economic growth refers to an increase in real national income and output (i.e., GDP growth rate), economic development refers to an improvement in the quality of life and living standards (i.e., life expectancy).
2018
Level: beginner
Could gender equality help the economy?
Steve Keen provides an alternative view on Macroeconomics before and after the crisis and outlines different macroeconomic fallacies.
Level: advanced
Advanced Political Economy Lectures
The plumbing of the financial system is coming under strain like never before. On this week’s podcast, we speak with two legendary experts on how the money system works: Zoltan Pozsar of Credit Suisse and Perry Mehrling of the Frederick S. Pardee School of Global Studies. They explain the extreme level of stress we’re seeing, what the Fed has done to alleviate, what more needs to be done, and what the post-crisis future may look like.
2020
Level: advanced
The Historic Crisis Of Financial Market Plumbing
In this article, the Harvard Business Review recognizes the arguments of the Degrowth vision and gives examples of businesses that have thrived following its precepts. The authors suggest three strategies that firms should put into action to be at the forefront of this movement. The article also gives a brief overview of what the degrowth is about and its main criticisms.
2020
Level: beginner
Why "De-Growth" Shouldn't Scare Businesses
In the pluralist showcase series by Rethinking Economics, Cahal Moran explores non-mainstream ideas in economics and how they are useful for explaining, understanding and predicting things in economics.
2020
Level: beginner
Pluralist Showcase
Mark Carney explains how we have come to esteem financial value over human value and how we have gone from market economies to market societies, how economic theory foundation affect the society as a whole, how we understand our world today and ultimately how this affects our lives.
2020
Level: beginner
How We Get What We Value
The historian Nicholas Mulder talks about the Western sanctions against Russia in the context of the Ukraine Crisis. He explains that the current sanctions are unprecedented in terms of size, speed and scope, expected consequences as well as potential drawbacks and problems.
2022
Level: beginner
Can Sanctions Stop Russia?
The blog post by Marc Lavoie contrasts what he perceives as the two main interpretations of the current inflationary tendencies (the 'excessive demand inflation' story and the 'profit inflation' story) and contrasts them with a third interpretation. This interpretation acknowledes rising profits but argues in favor of a different mechanism that centers on changes in the relative composition of costs.
2023
Level: advanced
Some controversies in the causes of the post-pandemic inflation
In this first episode of the anti-recommendation podcast "If books could kill"-Podcast, the hosts Michael Hobbes and Peter Shamshiri point out some of the countless flaws of "Freakonomics", critising its shallowness, oversimplification and leaning towards a conservative reading of some large societal issues.
2022
Level: beginner
Freakonomics
Alvin Roth and Lloyd Shapely won the Nobel Memorial Prize in Economic Sciences for their work on market design back in 2012, but it is a field that is still underrepresented in economics education. All markets have rules, and how these rules are set influence how the market functions.
2021
Level: beginner
The economics of legalising cannabis
So, what does racism have to do with our 21st century economic system? How can we understand institutions who uphold racism while claiming to value diversity and inclusion? And what does it mean to truly be anti-racist?
2023
Level: beginner
New Economics Podcast: Why antiracism means anticapitalism
This book challenges the mainstream paradigm, based on the inter-temporal optimisation of welfare by individual agents. It introduces a methodology for studying how institutions create flows of income, expenditure and production together with stocks of assets and liabilities, thereby determining how whole economies evolve through time.
2012
Level: advanced
Monetary Economics
The 2007-2010 economic crisis has profoundly shaken the foundations of mainstream financial economics. The apparent falsification of core concepts such as risk diversification, informational efficiency and valuation efficiency by an unexpected course of events has revealed the need to redefine the objectives and direction of research today.
2010
Level: advanced
After the Crisis
This book provides a blueprint for those interested in teaching from a pluralist perspective, regardless of ideology. It provides educators, policy makers and students with helpful suggestions for implementing pluralism into pedagogy, by offering detailed suggestions and guidelines for incorporating pluralist approaches tailored to specific individual courses.
2009
Level: beginner
The Handbook of Pluralist Economics Education

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