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Economics should schematically explain the key elements and main strands of this core part of social life: the actual workings of our economies. This book argues that orthodox, modern neoclassical economics does not fulfil this core task. Standard economics models do not address the real functioning of our market economies, but rather an imagined economy.
2022
Level: beginner
Economics and the Real World
The objective of the course is to explore the main strengths and weaknesses of orthodox and heterodox paradigms within development economics.
2019
Level: beginner
Issues in Development Economics
What made the false assumption that saving the economy at all cost during a pandemic so popular? This paper discusses different pathways through the COVID-19 pandemic at national and international level, and their consequences on the health of citizens and their economies.
2021
Level: beginner
How not to save the economy? The interplay of economics and health during the COVID-19 pandemic
The textbook 'Principles of Complexity Economics' by Michael Roos serves as an introduction to the rising field of complexity economics, providing a comprehensive and systematic overview of the concepts and methods of complexity economics and their applications to economic issues.
2024
Level: advanced
Principles of Complexity Economics
Until the end of the early 1970s, from a history of economic thought perspective, the mainstream in economics was pluralist, but once neoclassical economics became totally dominant it claimed the mainstream as its own. Since then, alternative views and schools of economics increasingly became minorities in the discipline and were considered 'heterodox'.
2016
Level: advanced
Reclaiming Pluralism in Economics
Debunking Economics - Revised and Expanded Edition exposes what many non-economists may have suspected and a minority of economists have long known: that economic theory is not only unpalatable, but also plain wrong. When the original Debunking Economics was published back in 2001, the market economy seemed invincible, and conventional "neoclassical" economic theory basked in the limelight.
2011
Level: beginner
Debunking Economics - Revised and Expanded Edition
‘We cannot afford their peace & We cannot bear their wars’: ​​​​​​​Value, Exploitation, Profitability Crises & ‘Rectification’
2022
Level: beginner
Political Economy based on Marx
Der Kurs richtet sich an Interessierte, die einen Überblick über gängige Modellierungsansätze in der Makroökonomik erhalten wollen. Dabei habe ich versucht, Ansätze aus unterschiedlichen Paradigmen zu berücksichtigen, notwendigerweise auf Kosten einer gewissen Tiefe bei den einzelnen Modellierungsframeworks. Der Kurs setzt ein gewisses mathematisches Grundverständnis voraus, sollte aber für fortgeschrittene Bachelor-Studierende der Ökonomik und Master-Studierende von interdisziplinären Studienprogrammen gut geeignet sein. Die Themenauswahl ist natürlich notwendigerweise selektiv. Der erste, größere Abschnitt diskutiert Modelle für wirtschaftlichen Wandel in der langen Frist (Wachstumsmodelle). Der zweite, kürzere Abschnitte behandelt dann Modelle, welche versuchen eine langfristige mit einer kurzfristigen Perspektive zu verbinden.
2021
Level: advanced
Makroökonomische Modelle - Ein multiparadigmatischer Überblick
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
In this overview paper, Laura Porak reviews the history of industrial policy in the European Union before the background of a Cultural Political Economy approach.
2023
Level: beginner
History of Industrial Policy in the EU
In Colonial Debts Rocío Zambrana develops the concept of neoliberal coloniality in light of Puerto Rico's debt crisis. Drawing on decolonial thought and praxis, Zambrana shows how debt functions as an apparatus of predation that transforms how neoliberalism operates.
2021
Level: advanced
Colonial Debts
This thoroughly revised and updated second edition provides a comprehensive guide to Post Keynesian methodology, theory and policy prescriptions. The Companion reflects the challenges posed by the global financial crisis that began in 2008 and by the consolidation of the New Neoclassical Synthesis in macroeconomic theory.
2012
Level: advanced
The Elgar Companion to Post Keynesian Economics
Feminist economist Nancy Folbre presents a historical analysis of the interrelated development of Patriarchy and Capitalism. She describes the role of women in the reproduction of labour, their “specialization” in care and their changing involvement in the labour market. Folbre argues that capitalism weakens patriarchy but at the same time relies on unpaid caring activities.
2010
Level: beginner
Women's Work and the Limits of Capitalism
Die Welt verändern, ohne die Macht zu übernehmen – dieser Buchtitel aus dem Jahr 2002 steht emblematisch für ein Verhältnis zur Macht, das in Teilen der Linken lange Zeit vorherrschend war. Der Autor des Buches, John Holloway, war selbst Teil der Weltsozialforen-Bewegung und stellte sich entschieden gegen herkömmliche Vorstellungen linker Gegenmacht, etwa im Sinne des Aufbaus einer linken Massenpartei. Aus derselben Zeit stammt auch das Konzept der «Multitude» aus der Feder von Michael Hardt und Antonio Negri. Es richtete sich gegen den identitären Begriff eines «Volkes», und ebenso gegen eine politische Bezugnahme auf die «Arbeiter*innenklasse». Diesen politischen Subjekten wurde eine Vielfalt widerständiger, global verteilter Praktiken und Gruppierungen entgegengestellt, die sich jedoch nicht vereinheitlichen ließen. Das Verhältnis dieser Multitude zur Erringung von Macht wurde offengelassen.
Level: beginner
Die Macht übernehmen und die Welt verändern?
The article addresses the current debate on democratic economic planning and the question of how and by which instruments a post-capitalist planning system, embedded in a broader agenda of macroeconomic transformation, can be developed.
2025
Level: advanced
On Democratic Economic Planning and Macroeconomic Transformation
Has neoliberalism destroyed gender equality Advocate author and broadcaster Beatrix Campbell examines the emergence of a new model of patriarchy and proposes solutions Beatrix Campbell iai
Level: beginner
End of Equality
The foundational economy is a concept which describes the infrastructure of everyday life, encompassing all essential services like utilities or healthcare that people require for wellbeing. This contribution provides an overview of foundational thinking.
2025
Level: beginner
The foundational economy: Focusing on what matters
This historic timeline presents economic events, economic thinkers and schools of thought from the 18th century until the 2007/2008 financial and economic crisis with short texts on the respective event or perspective.
2017
Level: beginner
Economics: An Illustrated Timeline
Antoine Godin gives a bright, illustrated, introduction to agent-based, stock-flow-consistent modeling, with a clear focus on the agent-based aspect.
2016
Level: advanced
Introduction to Agent-Based Stock-Flow Consistent Modelling
Happy International Women s Day This International Women s Day 2018 is an opportune moment to highlight prominent scholars of Feminist Economics As a subdiscipline of economics Feminist Economics analyzes the interrelationship between gender and the economy often critiquing inequities and injustices perpetuated by mainstream paradigms Work of this nature …
Level: beginner
Happy International Women’s Day!
Feminist economics focuses on the interdependencies of gender relations and the economy. Care work and the partly non-market mediated reproduction sphere are particularly emphasised by feminist economics.
Feminist Economics
In this talk, Eric Beinhocker outlines his ideas of how to ensure a just and sustainable future for Humanity: This includes his interesting Russian Doll approach to unpacking 20th-century economics and proposals of new theories to underpin a new economic system.
2019
Level: beginner
Economic Transition in the Anthropocene
Mariana Mazzucato explains how we lost sight of what value means and why we need to rethink our current financial systems so capitalism can be steered toward a bold, innovative and sustainable future that works for all of us.
2019
Level: beginner
What is economic value, and who creates it?
Exploring Economics Dossier on the economic fallout of the COVID-19 pandemic and the structural crisis of globalization. COVID-19 encounters a structural crisis of globalization and the economic system that drives it, with an uncertain outcome. We asked economists worldwide to share with us their analysis of current events, long-term perspectives and political responses. The dossier will be continuously expanded.
2020
Level: beginner
The Next Great Recession? Exploring Economics Dossier
This talk is an exploration of a feminist centred world, where women's labour, women's energy, women's contributions to the economy are not a side event but the main event.
2020
Level: beginner
Feminist economics is everything. The revolution is now!
This Forum in the Boston Review deals with the role of economics in modern policymaking and presents a wide set of perspectives on the topic. The opening text by Suresh Naidu, Dani Rodrik and Gabriel Zucman aims to answer a range of common criticisms against the modern, neoclassical science of economics and its influence on public discussions.
2019
Level: beginner
Economics After Neoliberalism
This paper posts a heretical question: Is economics a science after all? The answer to this question impinges on the methodology, hypotheses and results of economic research.
Level: advanced
Is economics a science?
A remarkable and insightful tribute into the works of late Malawian development economist, Professor Thandika Mkandawire. Must read for anyone looking to broaden their scope of understanding development as it relates to the African continent.
Level: beginner
Thandika Mkandawire - A Giant of African Economic Development
Have you ever thought about the role of civil society and the evolution of economy in one breath? This one hour long interview of Daron Acemoğlu (MIT) and Martin Wolf (Financial Times) by Rethinking Economy NL gives you much inspiration for it.
2021
Level: beginner
Socioeconomics of Disruptive Tech
New challenges require new approaches. Is economics part of the problem or part of the solution? Probably both.
2021
Level: beginner
Diversifying Economics - an Introduction
This course introduces students to political economy and the history of economic thought. We will cover the core ideas in various schools of economic thought, positioning them in the historical and institutional context in which they were developed. In particular, we will cover some economic ideas from the ancient world and the middle ages; the enlightenment; the emergence of and main ideas in classical political economy (Adam Smith, David Ricardo, Thomas Malthus, and others); Marx, Mill, and Keynes; European versus American economic thought through history; the rise of mathematical economics; economic theories around state-managed economies versus socialism; Austrian economics; behavioral economics; and the future of economics.
2020
Level: beginner
Political Economy and the History of Economic Thought
Richard Thaler gives a lecture in the 2018 Nora and Edward Ryerson Lecture at the University of Chicago. In the lecture he discusses his Nobel Prize winning research.
2018
Level: beginner
Richard Thaler on Behavioral Economics: Past, Present, and Future

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