In this one-on-one interview, co-host Gerardo Serra talks with Felwine Sarr, author of Afrotopia (2016) and professor of economics at Gaston Berger University in Senegal. Topics include the relevance (or lack thereof) of development economics to conditions in African economies, the significance of African philosophy for thinking about the economic problems of the continent, and the status of the field of history of economic thought in Africa. 2018 Level: beginner Smith and Marx Walk into a Bar - A History of Economics Podcast Gerardo Serra, Felwine Sarr History of Economics Society Rethinking Economics NL explores every month together with a new host the field of economics from a different perspective. 2021 Level: beginner Epistemic Humility and Rethinking Economics Julika Frome, Merve Burnazoglu Rethinking Economics NL The Austrian School of Economics is an intellectual tradition in economics and political economy dating back to Carl Menger in the late-19th century. Menger stressed the subjective nature of value in the individual decision calculus. Individual choices are indeed made on the margin, but the evaluations of rank ordering of ends sought in the act of choice are subjective to individual chooser. 2015 Level: advanced The Oxford Handbook of Austrian Economics Peter J. Boettke, Christopher J. Coyne Oxford University Press This book is a welcome consolidation and extension of the recent expanding debates on happiness and economics. Happiness and economics, as a new field for research, is now of pivotal interest particularly to welfare economists and psychologists. This Handbook provides an unprecedented forum for discussion of the economic issues relating to happiness. 2007 Level: advanced Handbook on the Economics of Happiness Luigino Bruni, Pier Luigi Porta Edward Elgar Blending past and present, this brief history of economics is the perfect book for introducing students to the field.A Brief History of Economics illustrates how the ideas of the great economists not only influenced societies but were themselves shaped by their cultural milieu. Understanding the economists' visions ? lucidly and vividly unveiled by Canterbery ? 2011 Level: advanced A Brief History of Economics E. Ray Canterbery World Scientific In this book the author develops a new approach to uncertainty in economics, which calls for a fundamental change in the methodology of economics. It provides a comprehensive overview and critical appraisal of the economic theory of uncertainty and shows that uncertainty was originally conceptualized both as an epistemic and an ontological problem. 2017 Level: advanced Uncertainty in Economics Julia Köhn Springer International Publishing Are there distinct European traditions in economics? Is modern economics homogenous and American? The volume includes case studies of the UK, Sweden, the Netherlands, Belgium, Germany, France, Italy, Portugal, Spain and Greece. 2005 Level: advanced The Development of Economics in Western Europe Since 1945 Coats, A.W. Routledge In a changing world that has been shaken by economic, social, financial, and ecological crises, it becomes increasingly clear that new approaches to economics are needed for both theoretical and empirical research; for applied economics as well as policy advice. 2018 Level: advanced Policy Implications of Recent Advances in Evolutionary and Institutional Economics Claudius Grabner, Torsten Heinrich, Henning Schwardt Routledge When Santa Fe Institute Scientists first started working on economics more than thirty years ago, many of their insights, approaches, and tools were considered beyond heterodox. These once-disparaged approaches included network economics, agents of limited rationality, and institutional evolution—all topics that are now increasingly considered mainstream. 2020 Level: expert Complexity Economics W. Brian Arthur, Eric Beinhocker, and Allison Stanger Santa Fe Institue Press 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. 1999 Level: advanced The Elgar Companion to Feminist Economics Janice Peterson, Margaret Lewis Edward Elgar Foundations of Economics breathes life into the discipline by linking key economic concepts with wider debates and issues. By bringing to light delightful mind-teasers, philosophical questions and intriguing politics in mainstream economics, it promises to enliven an otherwise dry course whilst inspiring students to do well. 1998 Level: beginner Foundations of Economics Yanis Varoufakis Psychology Press Economist and 2020 Balzan Prize winner for Environmental Challenges: Responses from the Social Sciences and Humanities, Joan Martínez Alier, speaks on the importance of ecological economics and its timeliness around the 2007/2008 global financial crisis. He speaks on the importance of building the field of ecological economics “from the ground up” through praxis. 2012 Level: beginner Ecological Economics Joan Martinez Alier Extraenvironmentalist In this lecture Ben Fine aims at stimulating interest for and explaining the relevance of Marxist Political Economy. Ben Fine dedicates the first half of his comprehensible lecture to the question on how mainstream economics became the way it is by explaining its key concepts and how those evolved during the past 150 years. While critically reflecting those concept he also emphasizes that mainstream economics does not consider historical processes. This is the point of departure on his presentation of the core terms and crucial categories of Marxist Political Economy: e.g. the production process and class relations (Part 1). Part 2 examines the consequences of the capitalist mode of production and its propensity to crises. Ben Fine illustrates this Marxist analysis with the example of the current crisis and explains current conditions for the accumulation of capital. 2014 Level: beginner Introduction to Marxist Economics (Part 2) Ben Fine Post-Crash Economics Society In this lecture Ben Fine aims at stimulating interest for and explaining the relevance of Marxist Political Economy. Ben Fine dedicates the first half of his comprehensible lecture to the question on how mainstream economics became the way it is by explaining its key concepts and how those evolved during the past 150 years. While critically reflecting those concept he also emphasizes that mainstream economics does not consider historical processes. This is the point of departure on his presentation of the core terms and crucial categories of Marxist Political Economy: e.g. the production process and class relations (Part 1). Part 2 examines the consequences of the capitalist mode of production and its propensity to crises. Ben Fine illustrates this Marxist analysis with the example of the current crisis and explains current conditions for the accumulation of capital. 2014 Level: beginner Introduction to Marxist Economics (Part 1) Ben Fine Post-Crash Economics Society The article is a formal response to the debate between the economists Diane Coyle and Howard Reed, whose articles were published online by Prospect magazine in 2018. Then, it was taken by Rethinking Economics as representative for the vision of the global network which advocates for changing economics curricula. In fact, it clearly solves some issues within the debate around pluralism by explaining its common misunderstandings among academics and its true - often mislead - meaning. 2018 Level: advanced Deliberate Misunderstandings in Economics: What Pluralism Really Means Leonardo Conte Rethinking Economics The authors discuss how identity affects economic outcomes by bringing together psychological and sociological perspectives and economics. For economic outcomes of a single individual, it might be interesting which kind of social groups this individual belongs to. This may influence individual daily decisions and hence economic outcomes. It can, however, not only affect individual economic outcomes but also economic outcomes of organizations, institutions and other groups. This paper describes these influences with respect to gender in the workplace, to the economics of poverty and social exclusion, and to the household division of labour. Level: advanced Economics and Identity George Akerlof, Rachel Kranton The Quarterly Journal of Economics Teaching feminist economics is a relatively new didactical project posing questions of content and methodology for instructors. The article proposes three possible topics with regard to the changing nature of the emergent research field: introducing feminist economics as a mode of questioning, showing its historicity and spectrum, and asking the question of a unifying paradigm. 2021 Level: beginner Teaching Feminist Economics. Conceptual Notes and Practical Advice for Teaching a Subject in the Making Anna Saave VS Springer This brief views the environment through diverse lenses – those of standard economics, institutional economics, political science, environmental science and ecology. 2013 Level: advanced The Environment in Economics and Development Vikram Dayal Springer Science & Business Media Designed for both undergraduates and MBA students taking their first course in business economics, this text focuses on introducing students to economics as a framework for understanding business. It is structured around problems that decision-makers face, such as rejuvenating the firm in the face of declining demand. 2004 Level: advanced Business Economics Peter Earl, Tim Wakeley McGraw-Hill Education This article applies insights from behavioral economics to consider how the general public may make decisions around whether or not to receive a future COVID-19 vaccine in a context of frequent side effects and preexisting mistrust. Three common cognitive biases shown to influence human decision-making under a behavioral economics framework are considered confirmation bias, negativity bias, and optimism bias. 2021 Level: advanced A behavioral economics perspective on the COVID-19 vaccine amid public mistrust. SALESKA, Jessica Londeree and CHOI, Kristen R. Society of Behavioral Medicine 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 Steve Keen Zed Books Through contributions from leading authors, Issues in Heterodox Economics provides a critical analysis of the methodology of mainstream economics. 2008 Level: advanced Issues In Heterodox Economics Donald A. R. George Wiley Author of a dozen books in economics and history, she was formerly known as Donald. Her experience in changing gender is reflected in the new edition, but the message remains the same: economics needs to get serious about its rhetoric, and back to science. 1998 Level: advanced The Rhetoric of Economics McCloskey, Deirdre N. UNIV OF WISCONSIN PR First published in 1983. A collection of papers directed at those outside the field of Economics, to open up discussions around the scientific worth of Economics. 2020 Level: advanced Why Economics is not yet a Science Eichner, Alfred S. Routledge In the inspiring interview on Economics of Care, Nancy Foblre takes a closer look to the consequences of the marketization of caring activities on those activities and on the societal organization of care. Folbre elaborates on how to value care and how this shifts the perspectives on living standards. She points to the fact, that caring activities are undervalued both in the market sphere and within the family and thereby questions the division between those spheres. Lastly, Folbre answers the question how to reteach Economics when accounting for caring activities. 2016 Level: beginner The Economics of Care Nancy Folbre INET Peter Boettke, Professor of Economics and Philosophy at George Mason University, talks about the history and the main methodological and epistemological tenets of the Austrian school. He argues that good economics is the mainline tradition of "squaring rational choice with the invisible hand theorem through institutional analysis". 2015 Level: beginner The Austrian Tradition in Economics Pete Boettke YouTube In this short video 'Raghuram Rajan’s Dosa Economics Explained', the famous theory of Dr. Raghuram Rajan, ex-governor of Reserve Bank of India (RBI), Dosa Economics, has been explained using a very simple example of Dosa ( a delicacy of India). Here, Dr. Raghuram Rajan tries to explain that low interest rate and low inflation is much better than high interest rate and high inflation. 2018 Level: beginner Raghuram Rajan’s Dosa Economics Explained Raghuram Rajan scroll.in 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. Level: expert The ergodicity problem in economics Ole Peters Nature Physics This brief responds to the criticism that mainstream economics is currently facing due to its heavy reliance on models and narrow range of quantitative research techniques. It takes a broader view, identifying issues that are also relevant for heterodox and pluralist approaches to economics. 2014 Level: advanced Rethinking Economics Stuart Birks Springer Helps students succeed in the principles of economics course. This title offers trademark colloquial approach that focuses on modern economics, institutions, history, and modeling, and is organized around learning objectives to make it easier for students to understand the material and for instructors to build assignments within Connect Plus. 2013 Level: beginner Economics Colander, David C. Mcgraw-Hill Education Economics: A New Introduction provides a fresh introduction to real economics. Highlighting the complex and changing nature of economic activity, this wide-ranging text employs a pragmatic mix of old and new methods to examine the role of values and theoretical beliefs in economic life and in economists’ understanding of it. 1999 Level: beginner Economics Stretton, Hugh PLUTO PRess "This eleven-week course offers a pluralist introduction to political economy and economics. We will examine nine (9) competing schools of thought, each of which offer an original and distinctive illumination of economic and social reality. The course offers a level of learning that would at least match that which is offered by a University. However, you do not need to be connected to a university or to have studied political economy or economics previously to enrol in this particular subject." 2022 Level: beginner An Introduction to Political Economy and Economics Dr Tim Thornton n.a.