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In the graveyard of economic ideology, dead ideas still stalk the land.
The recent financial crisis laid bare many of the assumptions behind market liberalism—the theory that market-based solutions are always best, regardless of the problem. For decades, their advocates dominated mainstream economics, and their influence created a system where an unthinking faith in markets led many to view speculative investments as fundamentally safe.
Zombie Economics Mainstream economics almost completely ignores the role power plays in determining economic outcomes, which means it can only provide partial explanations of the distribution of wealth and income, and of the problems associated with inequality and poverty. Power and Neoclassical Economics This volume explores the relationship between law and economics principles and the promotion of social justice. By social justice, we mean a vision of society that embraces more than traditional economic efficiency. Such a vision might include, for example, a reduction of subordination and discrimination based on race, religion, gender, sexual orientation, age, disability or class. Law and Economics This article is the first of a series that offers a new paradigm for economics, the “multilevel paradigm,” using generalized Darwinism as its theoretical framework. Generalized Darwinism refers to all processes that combine the ingredients of variation, selection, and replication – not just genetic evolution – making it relevant to the cultural evolution of economic systems that are embedded in political, social, and environmental systems. Rethinking the Theoretical Foundation of Economics I: The Multilevel Paradigm Though apparently siblings from the same family, New Keynesianism and Post-Keynesianism are completely different schools of economic thought. As to why and in what regard exactly, that is what this book is all about. While the former is the official label of the current mainstream in economic research and teaching (rather than neoclassic economics, which would be more apt a term), the latter tries to preserve the original thinking of John Maynard Keynes, but also additional ideas and concepts of all those building on his work. Introduction to Post-Keynesian Economics Economics is dogmatic, monolithic, merely quantitative, highly normative, strongly political, primarily ethical, pseudo-scientific, and manipulative. Economics is ... This is an online panel and discussion on the ongoing and potential gendered impacts of COVID-19 organized by the International Association of Feminist Economics (IAFFE). Feminist Economics Perspectives on COVID-19 This is webinar series organized by the SOAS Open Economic Forum and the SOAS Economics Department with speakers from the same department as well as other academic figures. The Economics of Covid-19 | SOAS University of London