In this lecture, Branko Milanovic gives an overview of the concept of inequality as conceptualized within the classical school of thought.
A detailed introduction into dependency theory that rethinks its relevance to modern development challenges.
When you notice inequality in your everyday life do you ever wonder where it comes from and what keeps it going This sociology course introduces you to core concepts of class gender and racial inequality and an approach to studying complex forms of inequality called intersectionality Featuring interviews with top …
In this interview Mariana Mazzucato talks about economic actions governments need to take facing the Corona-crisis. Using the example of Britain, she argues that governmental bailouts need to be bound to commitment to sustainability.
The world is still feeling reverberations from the financial crisis of 2008 foreseen by neither politicians nor economists The history of capitalism has been punctuated by major crises exposing the fragility of our entire economic system How has capitalism despite these ruptures managed to each time resurface more resilient and …
Photo by Kaitlyn Ashley on Unsplash The world is still feeling reverberations from the financial crisis of 2008 foreseen by neither politicians nor economists The history of capitalism has been punctuated by major crises exposing the fragility of our entire economic system How has capitalism despite these ruptures managed to …
This book offers the first systematic analysis of economic thought concerning war.
In this short video Peter Reich illustrates seven aspects of the state of the US economy. He provides suggestions on how to to get started to move towards a more fair distribution of wealth.
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.
The COVID-19 pandemic has had far-reaching implications across the African continent. This discussion brings to light the role of African think tanks, such as the African Center for Economic Transformation (ACET) in rethinking the continent’s development models, especially, in light of the unprecedented crisis.
New challenges require new approaches. Is economics part of the problem or part of the solution? Probably both.
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 …
The New Mulit Purpose Mobility Solution All in on socially responsible ride share and delivery app 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 …
This archive contains open access copies of most of the written work, including the books of Karl William Kapp (1910-1976) was one of the forefathers of Ecological Economics.
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 …
This course describes Bayesian statistics in which one s inferences about parameters or hypotheses are updated as evidence accumulates You will learn to use Bayes rule to transform prior probabilities into posterior probabilities and be introduced to the underlying theory and perspective of the Bayesian paradigm The course will apply …
There are three things one can do on this website - 1. Learn 2. Help Teach 3. Sign up for the MOOC.
Heterodox Macroeconomics offers a detailed understanding of the foundations of the recent global financial crisis.
Homo sapiens is now evolving into post economy The New Economy must manage scarcity and affluence a dual problem that is not integrated into the main classical economic theories There will be an important shock between opulence described by the economist John Kenneth Galbraith in The Affluent Society and scarcity …
Steven G. Medema is a Research Professor at Duke University. His research focuses on the History of Economic Thought, having published extensively on the issue of social costs of production (conceptualized as externalities in neoclassical economics). In this recorded seminar, he exposes his working paper on the history of the concept of externalities in economic literature, starting from Pigou’s “The Economics of Welfare” (1920), where Pigou makes the case for governmental intervention in the market where there is a divergence between private and social costs or benefits of a productive activity. T
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.
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.
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.
This video provides a brief introduction to post-keynesian economics and how the school of thought would tackle climate change.
Steve Keen discusses DSGE modeling and microfoundations by asking the question if it is ideologically possible to derive macroeconomics from microeconomics.
This multimedia dossier explores the production chain of smartphones. In particular due to the violation of workers' rights and low payments, the author Benjamin Selwyn calls those production structures global poverty chains. In this context, he points to the importance of workers' struggles.
Steve Horwitz, professor of economics at St. Lawrence University, gives a concise account of Austrian approach and talks about how it relates to the various current public policy issues.
This lecture by Prof. Dr. Eckhard Hein is part of the Introductory Lectures on Heterodox Economics at the 20th FMM Conference in 2016. It gives a good overview about where Post-Keynesian Economics can be located and what it is all about.
Trickle Down Economics - an old topic, but still present in our lives. The idea consists of deregulation of the economy and of lower tax for the top in order to increase the "size of the pie" so everybody would have a bigger piece, even with a smaller share.
In this interview, Elizabeth Currid-Halkett presents her view on how "the leisure class has been replaced by a new elite, and how their consumer habits affect us all".
Prof. Robert Wade (London School of Economics, UK) discusses industrial policy, the challenges of economic development for emerging countries like Brazil and...