Finance at the Threshold offers a unique perspective from an English economic and monetary historian. In it the author asks: Why did the banks stop lending to one another, and why now? Was it merely a matter of over-loose credit due to the relaxation of traditional prudence, or did global finance find itself at its limits?
Macroeconomics is fundamental to our understanding of how the world functions today. But too often our understanding is based on orthodox, dogmatic analysis.
Philosophy of Economics: A Contemporary Introduction is the first systematic textbook in the philosophy of economics introduces to the epistemological, metaphysical and ethical problems that arise in economics, and presents detailed discussions of the solutions that have been offered.
In this article, Jihen Chandoul discusses the importance of food sovereignty in Africa, reflecting on the continent’s early post independence movements for self sufficiency.
“Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses1.” This is how Lionel Robbins came to define economics in the early 1930s and there is a good chance that many of you heard a variant of this definition in your first Economics 101 lecture.
Florian Kern replies to Zoltan Pozsar's analysis about the effects of the war in Ukraine on the global financial order and refutes the latter's prognosis of the demise of the US dollar as the world's reserve currency
From the mercantile monopolies of seventeenth-century empires to the modern-day authority of the WTO, IMF, and World Bank, the nations of the world have struggled to effectively harness globalization's promise. The economic narratives that underpinned these eras the gold standard, the Bretton Woods regime, the "Washington Consensus" brought great success and great failure.
Since the Middle Ages, literature has portrayed the economic world in poetry, drama, stories and novels. The complexity of human realities highlights crucial aspects of the economy. The nexus linking characters to their economic environment is central in a new genre, the "economic novel", that puts forth economic choices and events to narrate social behavior, individual desires, and even non-economic decisions.
All leaders are constrained by geography. Their choices are limited by mountains, rivers, seas and concrete. People and ideas are important; but if you don't know geography, you'll never have the full picture.
Written by the Nobel Prize winners in Economics Robert Shiller and George Akerlof, this book shows how deception and manipulation play a big role in the economic behavior of individuals, as well as showing how the assumption of "perfect information" is far away from the truth. Through both quantitative data and stories of how to reduce this noxious phenomenon, the authors paint a pretty different picture of how markets really works in a hyper-communicative scenario like nowadays.
From the Dissolution of the Soviet Union to the Conflict in Ukraine The breakup of the Soviet Union led to the creation of new states and territorial conflicts of different levels of intensity Scrutinising the post Soviet period this volume offers explanations for both the frequency and the intensity of …
Recent events such as the Black Lives Matter protests the the murder of George Floyd in Minneapolis US and the toppling of the statue of Edward Colston in Bristol UK have exposed existing racism colonialism and sexism in our society and in Economics While calls to improve diversity in Economics …
Ricardo Hausmann says the new industrial policy is an information revelation process about the state of possibilities, the nature of the obstacles and figuring out whether you can sort out the obstacles so that these new activities can take over.
Economics has long been the domain of the ivory tower, where specialized language and opaque theorems make it inaccessible to most people. That’s a problem.
Inequality is an issue we all face every day, from income disparities to gender discrimination. In this first lecture in the Institute for New Economic Think...
Exploring Economics, an open-source e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
This article briefly examines Marx s profound contribution in the political economic thought It provides the historical foundations of Marxian economic thought based on the contemporary situation as well as the state of economic thought at that time Lastly it discusses the volumes of Marx s contribution as well as …
In this roundtable conversation, Post-Colonialisms Today members, Omar Ghannam, Kareem Megahed and Tetteh Hormeku-Ajei, look to policies from early post-independence Africa to tackle issues exacerbated by the COVID- 19 pandemic.
After completing the module, participants should have gained a basic understanding of the economic school of thought referred to as "Modern Monetary Theory" and should be able to analyze the monetary processes at play in the economy and evaluate fiscal and monetary policy decisions from an MMT-perspective.
Western sanctions on Russia after its invasion of Ukraine quickly led the Ruble to lose more than 45 percent of its value. But these days, the Russian currency is back to its pre-war value. Cameron and Adam explain the turnaround and discuss what it means for the war.
This course introduces students to the relevance of gender relations in economics as a discipline and in economic processes and outcomes.
To what extent does gender affect people's patterns of labor force participation, educational preparation for work, occupations, hours of work (paid and unpaid) and earnings?
This course is an introduction to Development Economics and is concerned with how economists have sought to explain how the process of economic growth occurs, and how – or whether – that delivers improved well-being of people.
In this class we will explore how globalization shapes and is shaped by gender norms with a particular focus on questions related to ‘work,’ mobility and well-being.
This lecture course, which will be taught in English, will deal with gender issues in developing countries. After providing an overview of the gender differences in various aspects of welfare and economic life, the course will then tackle a number of specific issues.
The piece describes some of the effects that Nixon's decision to delink the dollar from gold in the 1970s had for the relationship between the IMF and its member states. A focus is on the negative effects of this change on societies in the Global South.
To celebrate the forthcoming book A brief history of Economic Thought From the Mercantilists to the Post Keynesians edited by Louis Philippe Rochon and Hassan Bougrine Edward Elgar Louis Philippe Rochon sat down with celebrated author and scholar Sergio Rossi to discuss his contribution Milton Friedman and the Monetarist School …
This is the second part of the seminar A Hard Currency of Politics The discussion centers on the The Currency of Politics by Stefan Eich and is hosted by the journal European Law Open Stefan Eich s presentation of his argument starts at minute 7 53 The discussion centers on …
This syllabus opens a literary overview of must-read papers in the field of development economics.
This MOOC (Massive Open Online Course) discusses Global Workers’ Rights and shows instruments and strategies which can be used to implement them.
The course approaches migration as a constant phenomenon in human history and examines its main supporting theories It illustrates theories about people s individual decisions to migrate and also the factors of migration as a structural feature of our societies It explains the role social networks and institutions play in …
This course provides a broad introduction to the field of nonlinear dynamics, focusing both on the mathematics and the computational tools that are so important in the study of chaotic systems. The course is aimed at students who have had at least one semester of college-level calculus and physics, and who can program in at least one high-level language (C, Java, Matlab, R, ...)