✕
Exploring Economics strengthens plural economics and alternative economic approaches.
However, we are running out of money. Currently we have a funding gap of 30,000€.
With a small contribution you can support Exploring Economics to stay online. Thank you!
We are a registered non-profit organization | Bank account: Netzwerk Plurale Ökonomik e.V., IBAN: DE91 4306 0967 6037 9737 00, SWIFT-BIC: GENODEM1GLS | Imprint
1116 results
This article makes a necessary connection between economics as an academic discipline and recent events surrounding sexual harassment in the workplace. To get justice, targets must show measurable harm: economists can help.
In this short video behavioural economist, Dan Aerily talks about how our cognitive illusions will trick us into believing something that is otherwise deemed irrational by the homo economicus. It raises and probes into some very interesting questions that defy the neoclassical rational behaviour.
Prof. Robert Guttmann looks at the current transformation of the international world order through the lenses of global money and finance.
Prof. Yanis Varoufakis talks in this introductory lecture about the future of our economy and the current state of economics with special regard to pluralism in economics.
Neoclassical Economics imposed itself over the past decades as the core of mainstream economics, largely influencing academia and policy making.
This Perspective argues that ergodicity — a foundational concept in equilibrium statistical physics — is wrongly assumed in much of the quantitative economics literature. By evaluating the extent to which dynamical problems can be replaced by probabilistic ones, many economics puzzles become resolvable in a natural and empirically testable fashion.
This paper surveys the development of the concept of socialism from the French Revolution to the socialist calculation debate. Karl Marx’s politics of revolutionary socialism led by an empowered proletariat nurtured by capital accumulation envisions socialism as a “top-down” system resting on political institutions, despite Marx’s keen appreciation of the long-period analysis of the organization of social production in the classical political economists. Collectivist thinking in the work of Enrico Barone and Wilfredo Pareto paved the way for the discussion of socialism purely in terms of the allocation of resources. The Soviet experiment abandoned the mixed economy model of the New Economic Policy for a political-bureaucratic administration of production only loosely connected to theoretical concepts of socialism. The socialist calculation debate reductively recast the problem of socialism as a problem of allocation of resources, leading to general equilibrium theory. Friedrich Hayek responded to the socialist calculation debate by shifting the ground of discussion from class relations to information revelation
Exploring Economics, an open-access e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
Public lectures on some Traditional Economic Solutions to poverty in Nigeria, specifically the Igbo Apprentice System, Yoruba Ajo Thrift Savings, and Hausa Integral Communalism.
In this article, Tetteh Hormeku-Ajei and Camden Goetz discuss the ongoing impacts of colonialism on Africa’s natural resources.
The productive work of widely distributed academic research has contributed substantially, over the postwar period, to important advances in our understanding. It has also offered a clearer recognition of many unresolved problems. Never theless, the progress achieved over the last decades, ex hibited by the systematic application of "theory" to actual issues and observable problems, could not overcome a per vasive sense of dissatisfaction.
This book makes the case that economies are complex systems and in response to this, develops a unique dynamic nonequilibrium process analysis of macroeconomics.
This book tells the story of the search for disequilibrium micro-foundations for macroeconomic theory, from the disequilibrium theories of Patinkin, Clower and Leijonhufvud to recent dynamic stochastic general equilibrium models with imperfect competition.
Jo Michell discusses some key implications of climate change regarding the standard policy prescriptions of Post-Keynesian economics, particularly relating to the possible necessity of consumption constraints and the presence of recurrent inflation.
Anwar Shaikh explores alternative economic explanations, emphasizing 'real competition' theory and the role of imperfections in economic patterns.
From the theoretical literature, the authors provide seven reasons to be sceptical about the occurrence of sufficient decoupling in the future. In addition to the extensive summary of the recent literature, 'decoupling debunked' provides a great introduction into the decoupling hypothesis.
In this new book Smith returns to Solow s classic productivity paradox which essentially states that we can see automation everywhere like the spheres of leisure sociality and politics but not in the productivity statistics He examines why labor saving automation in the service age in the Global North has …
This is a hands on four chapter course to learn how to better understand and act when faced with complex situations By the end of the course students will be able to take a story from the news describe what makes the situation complex and identify opportunities for effective action …
This lecture of the anthropologist David Graeber gives a brief introduction to the thoughts of his 2011 published book Debt: The First 5000 Years.
The world is regularly shaken by crises some are bigger others are smaller in scope Local turmoil military conflicts commodity scarcity bank runs health threats the history of mankind can be written as a history of crises Three major global crises occurred in the last fifty years alone the oil …
Through this course you will learn how individuals and firms make financial decisions and how those decisions might deviate from those predicted by traditional financial or economic theory We will explore the nature of these biases and their origins using insights from psychology neurosciences and experimental economics on how the …
The Elgar Companion to Feminist Economics is the first comprehensive reference work introducing readers to the field of feminist economics. It includes 99 entries by 88 authors.
A Heterodox Approach to Economic Analysis This important new book introduces students to the fundamental ideas of heterodox economics presented in a clear and accessible way by top heterodox scholars It offers not only a critique of the dominant approach to economics but also a positive and constructive alternative Students …
In this lecture, Sanjay Reddy reviews the work of János Kornai, especially his critique of the socialist system, which is rooted in his understanding of the eminently political character of socialism.
The volume, released by YSI’s Economic Development Working Group, comprises interviews with 13 scholars from around the world who express a variety of viewpoints on the meaning and relevance of dependency theory in today’s context.
This reports presents empirical findings of research conducted by Michelle Holder, assistant professor of economics at John Jay College, City University of New York, with regard to the impact of what she terms a "double gap"- gender wage gap and ethnic minority wage gap - on the U.S. labour market.
What is money and how is it used? After answering these questions, Dirk Bezemer analyses how finance can be dysfunctional for the real economy.
What does political economy say about the global sugar production? Take a look at global trade regulations, intercountry inequalities, and the role of marketing.
This book presents recent thought on market efficiency, using a complex systems approach to move past equilibrium models and quantify the actual efficiency of markets.
The book provides an excellent comparative perspective on New Keynesian "New Consensus" economics and Post-Keynesian Economics at a beginner level. It also offers an interactive tool to understand how the economic models work, especially from a heterodox / pluralist perspective.
This dossier gives an overview of the functions and the nature of money. The concept of Islamic finance is briefly explored, too.
A concise introduction to Marx's Labour Theory of Value, the three ratios and the falling rate of profit hypothesis.
We use cookies on our website. Click on Accept to help us to make Exploring Economics constantly better!