716 results

Balance of payments stability is of paramount importance for developing countries, both to secure the value of their domestic currencies as well as reliable foreign currency inflows. But how is that stability ensured and how important is the growth of exports for stability?
2020
Level: beginner
Thirlwalls Law Introduction
The term "de-risking" can be seen as one element of a strategy aimed at discursively reframing the trade policy confrontation with China. This confrontation has mainly been driven by the US in recent years and received initially cautious, but later growing support from the EU.
2023
Level: beginner
De-risking, de-coupling, de-globalization?
In the second video of the series Investigating International Finance, an alternative view on capital controls is given contrasting with the paradigm of classical trade theory which suggests that the removal of trade and capital barriers is associated with higher market efficiency. After explaining the conceptual mechanisms underlying capital controls, examples are introduced where countries actually apply capital controls and how these controls have been associated with a lesser exposure to international financial crises spillovers.
2011
Level: beginner
Tax Havens - Investigating International Finance
In the second video of the series Investigating International Finance, an alternative view on capital controls is given contrasting with the paradigm of classical trade theory suggesting that the removal of trade and capital barriers is associated with higher market efficiency. After explaining the conceptual mechanisms underlying capital controls, examples are introduced where countries actually apply capital controls and how these controls have been associated with a lesser exposure to international financial crises spillovers.
2012
Level: beginner
Capital controls - Investigating International Finance, Episode 2
Steve Keen discusses DSGE modeling and microfoundations by asking the question if it is ideologically possible to derive macroeconomics from microeconomics.
2013
Level: advanced
Discussing DSGE
The website contains a vast amount of information on the history of economic thought. It presents thinkers, their main works (and links to those works) and schools of thought which are sorted by political economy schools, neoclassical schools, alternative schools as well as thematic schools.
Level: advanced
The history of economic thought website
What is “equitable growth” and how do we measure it? A better understanding of equitable growth—and how to measure it—can improve our understanding, inform decisions and lead to better outcomes for all.
2017
Level: beginner
Why current definitions of family income are misleading, and why this matters for measures of inequality
This presentation looks at the basic idea of Marxism, specifically the conflict between the different classes in society.
2013
Level: beginner
A Brief Introduction to Marxism
Robert Costanza briefly present various methods of environmental valuation, and talks about the changes in the global value of ecosystem services. He then introduces the major ecosystem services, and how different methods of valuation affect the preferred policies to address environmental issues.
2014
Level: advanced
Robert Costanza: Ecosystem Service Valuation
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.
2009
Level: beginner
Are we in control of our decisions?
Quinn Slobodian a historian of modern Germany and international history analysis of current development in the Mont Pèlerin Society and therefore neo-liberalism. He sees neo-liberalist thinkers less as believers in the self-healing power of markets, but more as ordo-liberal Globalists who wanted to protect the markets from post-war politics and especially mass democracy. Their goal of global capitalism is still strong, however sceptics in the Mont Pèlerin Society are rising, which see international migration as a threat to Globalisation. Therefore, turning neo-liberal policies away from international institutions like the EU back towards the national states as new defenders of the markets as well as international trade and investments. (A development which can be seen in the Friedrich A. von Hayek-Gesellschaft and especially in the "liberal" wing of the German rightwing populist party AfD)
2019
Level: advanced
Neo-liberal Globalism and the Backlash from Within
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...
2020
Level: beginner
Inequality 101 with Branko Milanovic & Arjun Jayadev
A stock-flow-fund ecological macroeconomic model
2020
Level: expert
DEFINE - A stock-flow-fund ecological macroeconomic model
How long the COVID-19 crisis will last, and what its immediate economic costs will be, is anyone's guess. But even if the pandemic's economic impact is contained, it may have already set the stage for a debt meltdown long in the making, starting in many of the Asian emerging and developing economies on the front lines of the outbreak.
2020
Level: beginner
The COVID-19 Debt Deluge
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.
2020
Level: beginner
Mariana Mazzucato on New Economic Approaches
These notes aim to clarify some basic features and implications of gross capital flows In the context of the 2007 08 Global Financial Crisis and the 2010 12 Eurozone Crisis trade imbalances and capital flows received a lot of attention from academics policymakers and the media However there is still …
2020
Level: advanced
Gross capital flows and the balance-of-payments: a balance sheet perspective
A detailed introduction into dependency theory that rethinks its relevance to modern development challenges.
2020
Level: beginner
Dependency Theory and Uneven Development
A remarkable and insightful tribute into the works of late Malawian development economist, Professor Thandika Mkandawire. Must read for anyone looking to broaden their scope of understanding development as it relates to the African continent.
Level: beginner
Thandika Mkandawire - A Giant of African Economic Development
Have you ever thought about the role of civil society and the evolution of economy in one breath? This one hour long interview of Daron Acemoğlu (MIT) and Martin Wolf (Financial Times) by Rethinking Economy NL gives you much inspiration for it.
2021
Level: beginner
Socioeconomics of Disruptive Tech
This is a new online course at bachelor level. It presents an introduction into macroeconomics with a specific focus on the euro area. The theoretical part provides a critical presentation of the two key macroeconomic models: the (neo)classical approach and the Keynesian approach. This allows a comparative analysis of important macroeconomic topics: unemployment inflation government debt and Modern Monetary Theory banks and financial crises. The policy-oriented part discusses the monetary policy of the ECB and the specific challenges for fiscal policy in the euro area. The course also presents other euro area specific topics: Optimum currency area, euro crises, Next Generation EU and Green New Deal.
2021
Level: advanced
European Macroeconomics
How exactly are persisting social inequalities and the operations of modern finance connected? Adam Tooze provides a detailed answer to a still relevant problem by focusing on the Great Financial Crisis and the role of the finance industry in the USA.
2019
Level: advanced
Crashed: How a Decade of Financial Crises Changed the World
Many economists refer to economic growth as a cake that is supposed to grow for the benefit of all.
2021
Level: beginner
Social Limits to Growth
There was a time when the world still seemed a good and above all simple place for monetary authorities Every few weeks they had to decide whether in view of the latest price developments it would be better to raise the key interest rates by a quarter point or not …
2021
Level: beginner
On climate, jobs and financial stability: Towards a new mandate for central banks?
As the global economic landscape evolves, demographics shift, inequality expands, climate change gets worse and technology continues to advance at breakneck speed, Gross Domestic Product (GDP) is struggling to stay relevant.
2021
Level: beginner
Beyond GDP - Wellbeing Economy, Happiness Index and the postgrowth debate
Is degrowth bad economics To properly answer this question it is essential to understand what economic growth really is The term growth is often associated with an increase in wealth a term loosely defined but according to the degrowth movement economic growth is a narrower concept only describing an increase …
2022
Level: beginner
Is prosperous degrowth feasible?
This panel is about discussing the international development discipline from a critical perspective, exploring how the current practice entangles with Eurocentric/neo-colonial thoughts and how can we move beyond them.
2018
Level: advanced
Decolonise Development: Thoughts and Theories
This section includes selected content from Post-Colonialisms Today - a research and advocacy project recovering insights from the immediate post-independence period in Africa, and mobilizing them through a feminist lens to address contemporary challenges. You will find additional content at postcolonialisms.regionsrefocus.org.
2022
Level: beginner
Contributions from Post-Colonialisms Today
In this interview Gerd Gigerenzer place bounded rationality into the context of a larger development in thinking about what rationality is He touches on unbounded rationality which remains overrepresented and popular in neoclassical economics he explains different interpretations of bounded rationality and concludes with an ecological interpretation of rationality He …
2011
Level: beginner
Gerd Gigerenzer - Bounded Rationality
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 …
2022
Level: beginner
Richard Wolff On Everything You Need to Know About Inflation
Why did inflation lift of in 2022? Are there differences between the US and the Eurozone and if so, what are they?
2022
Level: expert
The Inflation Surge of 2021-22: Scarcity of Goods and Commodities, Strong Labor Markets and Anchored Infl ation Expectations
This course will expose students to some of the key debates that link digital transformations to economic, social, and political inequalities. Students will be familiarised with a variety of theoretical movements in development studies and internet studies: exploring thinking that frames the internet as a leveller that can bridge divides vs. exploring the internet as an infrastructure that amplifies existing inequalities.
2022
Level: expert
Digital Capitalism and its Inequalities
This lecture acts as an introduction to the Macroeconomics course (ECON 720) at John Jay College. Throughout the lecture, the classical and Keynesian conceptions of macroeconomic relationships are contrasted.
2021
Level: beginner
Macroeconomics with J.W. Mason, Lecture 0: Introduction

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