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Dani Rodrik, Professor of International Political Economy at Harvard's Kennedy School of Government, is teaching in this online session about the global rules under which the modern (free trade-focused) type of globalization operates and why, under such institutions, international community fails to deal with the climate change and pandemics.
2020
Level: beginner
Pandemics, Climate Change, and Global Economics: Where Did We Go Wrong in Globalization?
These notes aim to clarify some basic features and implications of gross capital flows In the context of the 2007 08 Global Financial Crisis and the 2010 12 Eurozone Crisis trade imbalances and capital flows received a lot of attention from academics policymakers and the media However there is still …
2020
Level: advanced
Gross capital flows and the balance-of-payments: a balance sheet perspective
This is a new online course at bachelor level. It presents an introduction into macroeconomics with a specific focus on the euro area. The theoretical part provides a critical presentation of the two key macroeconomic models: the (neo)classical approach and the Keynesian approach. This allows a comparative analysis of important macroeconomic topics: unemployment inflation government debt and Modern Monetary Theory banks and financial crises. The policy-oriented part discusses the monetary policy of the ECB and the specific challenges for fiscal policy in the euro area. The course also presents other euro area specific topics: Optimum currency area, euro crises, Next Generation EU and Green New Deal.
2021
Level: advanced
European Macroeconomics
There was a time when the world still seemed a good and above all simple place for monetary authorities Every few weeks they had to decide whether in view of the latest price developments it would be better to raise the key interest rates by a quarter point or not …
2021
Level: beginner
On climate, jobs and financial stability: Towards a new mandate for central banks?
In this short video, John Holmwood problematizes Marxian Economics from a post-colonial perspective.
2021
Level: advanced
Marx: Colonialism, Class and Capitalism
In this interview Gerd Gigerenzer place bounded rationality into the context of a larger development in thinking about what rationality is He touches on unbounded rationality which remains overrepresented and popular in neoclassical economics he explains different interpretations of bounded rationality and concludes with an ecological interpretation of rationality He …
2011
Level: beginner
Gerd Gigerenzer - Bounded Rationality
Mitch Jeserich interviews Professor Richard D Wolff a professor of economics at the New School University in New York City Prof Wolff presents an explanatory theory of how inflation occurs in an economy Briefly profit driven employers raise the price in order to maximize profits of private corporations they own …
2022
Level: beginner
Richard Wolff On Everything You Need to Know About Inflation
Why did inflation lift of in 2022? Are there differences between the US and the Eurozone and if so, what are they?
2022
Level: expert
The Inflation Surge of 2021-22: Scarcity of Goods and Commodities, Strong Labor Markets and Anchored Infl ation Expectations
Mohsen Javdani and Ha-Joon Changonline examine the effect of ideological bias among economists through a randomised controlled experiment involving 2,425 economists in 19 countries. The analysis provides clear evidence for the existence of ideological bias as well as of authority bias among economists.
2023
Level: expert
Who said or what said? Estimating ideological bias in views among economists
The policy briefing provides a data-rich overview over the budgets planned for public services in the UK and their connection to inflation expectations. It highlights the fact that inflation might lead to "invisible" cuts to public sector budgets.
2023
Level: beginner
Austerity by stealth
In this course you'll learn about the tools used by scientists to understand complex systems. The topics you'll learn about include dynamics, chaos, fractals, information theory, self-organization, agent-based modeling, and networks.
Level: advanced
Introduction to Complexity
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.
2012
Level: advanced
Why Nations Fail
'This Cambridge professor delights in paradox. And myth-busting . . . he does this with charm and a desire to see how things work in the real world' Guardian, 'In Praise of Ha-Joon Chang' In this revelatory book, Ha-Joon Chang destroys the biggest myths of our times and shows us the truth about how the world really works, including- there's no such thing as a free market.
2011
Level: advanced
23 Things They Don't Tell You about Capitalism
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
In this refreshingly revisionist history, Erik Reinert shows how rich countries developed through a combination of government intervention, protectionism, and strategic investment, rather than through free trade.
2007
Level: advanced
How Rich Countries Got Rich ... and Why Poor Countries Stay Poor
David Graeber introduces different concepts such as money and debt. He takes a historical and anthropological way of explaining the origin. This breaks with the mainstream explanation, which is used in many Economics textbooks, saying that a barter economy was before money arose.
2014
Level: advanced
Debt
The rise of capitalism to global dominance is still largely associated – by both laypeople and Marxist historians – with the industrial capitalism that made its decisive breakthrough in 18th century Britain.
2020
Level: advanced
A Brief History of Commercial Capitalism
Work defines who we are It determines our status and dictates how where and with whom we spend most of our time It mediates our self worth and molds our values But are we hard wired to work as hard as we do Did our Stone Age ancestors also live …
2020
Level: beginner
Work
This book investigates the continuing resonances of Atlantic slavery in the cultures and politics of human reproduction that characterize contemporary biocapitalism.
2019
Level: beginner
The Afterlife of Reproductive Slavery
More-is-better ideals such as these have long shaped our vision of rationality. Yet humans and other animals typically rely on simple heuristics to solve adaptive problems, focusing on one or a few important cues and ignoring the rest, and shortcutting computation rather than striving for as much as possible.
2012
Level: advanced
Ecological Rationality
This book is an original, systematic, and radical attempt at decolonizing critical theory. Drawing on linguistic concepts from 16 languages from Asia, Africa, the Arab world, and South America, the essays in the volume explore the entailments of words while discussing their conceptual implications for the humanities and the social sciences everywhere.
2022
Level: beginner
Changing Theory
To grasp sex in all its complexity, including its relationship to gender, class, race and power, Srinivasan argues that we need to move beyond the simplistic views of consent in the form of yes-no, to rather consider the more complex question of wanted-unwanted.
2021
Level: beginner
The Right to Sex
The Price of Slavery analyzes Marx's critique of capitalist slavery and its implications for the Caribbean thought of Toussaint Louverture, Henry Christophe, C. L. R. James, Aimé Césaire, Jacques Stephen Alexis, and Suzanne Césaire. Nick Nesbitt assesses the limitations of the literature on capitalism and slavery since Eric Williams in light of Marx's key concept of the social forms of labor, wealth, and value.
2022
Level: beginner
The Price of Slavery
In this book, the authors, Cinzia Aruzza, Tithi Bhattcahrya, and Nancy Fraser, move away from the myopic view of feminism for a select few to focus on a universal idea of feminism.
2019
Level: beginner
Feminism for the 99 Percent
All leaders are constrained by geography. Their choices are limited by mountains, rivers, seas and concrete. People and ideas are important; but if you don't know geography, you'll never have the full picture.
2016
Level: beginner
Prisoners of Geography
The Privatized State shows how privatization undermines the very reason political institutions exist in the first place, and advocates for a new way of administering public affairs that is more democratic and just.
2020
Level: beginner
The Privatized State
When we have to make a decision, we consider all the pros and cons, try to gather a lot of information and estimate what consequences this decision might have. And then we make an (at least somewhat) rational decision. Or do we?
2017
Level: beginner
Choice blindness
Dr Murieann Quigley (Senior Lecturer in Biomedical Ethics and Law, University of Bristol) discusses the ethics of nudging and whether it matters that third parties construct the context in which you make your decisions.
2016
Level: beginner
The Ethics of Nudging
Nancy Fraser starts out by introducing the multidmiensional cirises of the 21st century Three dimensions are especially alarming to her the ecological the financial and social aspects of the crisis Fraser then revives the ideas of Karl Polanyi which he first presented in his 1944 book The great transformation She …
2013
Level: advanced
Can societies be commodities all the way down?
In this article, Jihen Chandoul discusses the importance of food sovereignty in Africa, reflecting on the continent’s early post independence movements for self sufficiency.
2021
Level: beginner
Food and the Struggle for Africa’s Sovereignty
How and by whom are International Labour Standards set? How are they supervised, and how can workers’ organisations use the ILO supervisory mechanisms? What are the key principles of Freedom of Association, the right to strike and Collective Bargaining?
Level: beginner
International Labour Standards: How to Use Them
The models of portfolio selection and asset price dynamics in this volume seek to explain the market dynamics of asset prices. Presenting a range of analytical, empirical, and numerical techniques as well as several different modeling approaches, the authors depict the state of debate on the market selection hypothesis.
2009
Level: advanced
Handbook of Financial Markets

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