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This chapter by the Centre for Economy Studies explores how courses on the history of economic thought and methods could look if they were pluralist and interdisciplinary. 2021 Level: beginner Rethinking the History of Economic Thought & Methods Sam de Muijnck and Joris Tieleman Economy Studies Economists like to base their theories on individual decision making. Individuals, the idea goes, have their own interests and preferences, and if we don’t include these in our theory we can’t be sure how people will react to changes in their economic circumstances and policy. While there may be social influences, in an important sense the buck stops with individuals. Understanding how individuals process information to come to decisions about their health, wealth and happiness is crucial. You can count me as someone who thinks that on the whole, this is quite a sensible view. 2020 Level: beginner Decision by Sampling, or ‘Psychologists Reclaim Their Turf’ Cahal Moran Rethinking Economics The podcast discusses how to deal with the rising inflation and presents a comparative perspective between the US and the EMU. Basically the speakers discuss whether we are heading to a stagflation in Europe similar to the 1970s and they compare the macroeconomic dynamics in the United States vs. the EMU. 2022 Level: advanced Taming inflation? What are the implications of prolonged inflation? Maria Demertzis, Grégory Claeys and Megan Greene The Sound of Economics, Bruegel Since the beginning of the twenty-first century, there has been an unprecedented move towards 'rethinking economics' due to the damages generated by the global financial crisis that burst in 2007-2008. Almost a decade after this crisis, policy is still unable to provide all citizens greater wellbeing or at least an encouraging economic future. 2017 Level: advanced A Modern Guide to Rethinking Economics Louis-Philippe Rochon, Sergio Rossi Edward Elgar Publishing In China's Gilded Age, Yuen Yuen Ang maintains that all corruption is harmful, but not all types of corruption hurt growth. Ang unbundles corruption into four varieties: petty theft, grand theft, speed money, and access money. 2020 Level: beginner China's Gilded Age Yuen Yuen Ang Cambridge University Press A review of: [1] Intermediate Microeconomics, H.R. Varian [2] Mikrooekonomie, R.S. Pindyck, D.L. Rubinfeld [3] Grundzuege der mikrooekonomischen Theorie, J. Schumann, U. Meyer, W. Stroebele 2016 Level: beginner The Dichotomy, Inconsistency, and Peculiar Outmodedness of the "Mainstream" Textbook Wolfram Elsner Wirtschaft neu denken: Blinde Flecken in der Lehrbuchökonomie In this essay the authors argue for a wider concept of care work that includes community building, civic engagement and environmental activism. On the basis of the case of Cargonomia, a grassroot initiative in Budapest, they show that such a wider concept of care work could allow for different narratives that promote sustainable lifestyles with a milder environmental and social impact on the planet and its communities. 2019 Level: beginner Reimagining the world of (care)work: the case of Cargonomia Ágota Csoma, Orsolya Lazányi Exploring Economics An essay of the writing workshop on contemporary issues in the field of Nigerian economics: The adverse effect of climate change is overwhelming, not just in Nigeria but globally. Global warming is the result of hostile human activities that have impacted the environment negatively. This is the principal variable the government should tackle through practical innovations such as the acceptable implementation of Adaptation Policies and also through the adequate implementation of environmental tax. These will enhance pro-environmental behaviour which is fit for socio-political and economic activities for sustainability. Level: beginner The Role of Fiscal Policy in Climate Change Mitigation Via Environmental Management and Sustenance in Nigeria Ayuba Yahaya Karatu Exploring Economics How countries achieve long-term GDP growth is up there with the most important topics in economics. As Nobel Laureate Robert Lucas put it “the consequences for human welfare involved in questions like these are simply staggering: once one starts to think about them, it is hard to think about anything else.” Ricardo Hausmann et al take a refreshing approach to this question in their Atlas of Economic Complexity. They argue a country’s growth depends on the complexity of its economy: it must have a diverse economy which produces a wide variety of products, including ones that cannot be produced much elsewhere. The Atlas goes into detail on exactly what complexity means, how it fits the data, and what this implies for development. Below I will offer a summary of their arguments, including some cool data visualisations. 2020 Level: beginner GDP Growth: It’s Complicated Cahal Moran Rethinking Economics Feminist economics is a key component of the movement for pluralism in economics and one that has, to some extent, been acknowledged by the mainstream of the profession. It seeks to highlight issues which affect women because (it claims) they have not traditionally been recognised in a field dominated by men. On top of this, it seeks to carve out a space for women in the discipline, both for intrinsic reasons of fairness and diversity and because it means that women’s issues are more likely to be highlighted going forward. 2020 Level: beginner Why Feminist Economics is Necessary Cahal Moran Rethinking Economics This paper is a product of an online workshop held in Nigeria on the topic Unemployment: Policy Review and Recommendations. It explores the various unemployment policies introduced by the Nigerian Government and analysis how effective they are and suggests some practicable solutions to solving unemployment problems in the country. The workshop was organized by Rethinking Economics The Uploaders (RETU) as part of the project Solving the Major Economic Problem in Nigeria (SMEPN), an output of the Global Pluralist Economics Training (GPET). More details here: https://www.retheuploaders.org/programs/SMEPN 2021 Level: beginner Unemployment in Nigeria: Policy Review and Recommendations Abdulkhalid Anda Salihu Rethinking Economics The Uploaders (RETU) After completing the module, participants should be able to have general overview on the theory of commons. They can differentiate between neoclassical, new institutional and social/critical commons theory and can use these theories to assess real life common-pool resource management and commoning pratices. 2021 Level: beginner Future of Commons Simon Sutterlütti und Stefan Meretz Summer Academy for Pluralist Economics This course will fundamentally ask whether we can, or even should use the word ‘decolonising’ in our pursuit of a better economics? 2022 Level: beginner Decolonising Economics? Michelle Meixieira Groenewald Summer Academy 2022 for Pluralist Economics 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? Samuel Decker Exploring Economics The workshop introduces into the field of critical political economy and tries to identify the role of finacial markets in capitalism, the reason for financial crises and the relevance of Marx in regard to these topics. 2018 Level: beginner Marxian Political Economy Jannis Eicker and Anil Shah 2. Summer Academy for Pluralist Economics The postcolonial critique of Economics is one of the sharpest and most comprehensive indictments of the discipline highlighting the discipline s limited treatment of power and culture and the incompatibility of the discipline s theoretical frameworks and predictions with the contexts of most formerly colonised territories This interview of Prof … 2021 Level: advanced "Postcolonialism meets Economics" A Discussion with Prof. Eiman Zein-Elabdin Prof. Eiman Zein-Elabdin and Danish Khan Inequality, Poverty, Power & Social Justice Initiative The goal of the course is to deepen students’ understanding of the Latin American development experience by viewing it through a gender lens. 2014 Level: advanced Gender in Latin American Development Prof. Carmen Diana Deere University of Florida Commons stand for a plurality of practices ‘beyond market and state’ as the famous Commons scholar – and first female noble prize winner of economics - Elinor Ostrom put it. Their practice and theory challenge classical economic theory and stand for a different mode of caring, producing and governing. Within this workshop we want to dive into theory, practice and utopia of Commons following four blocks... 2022 Level: beginner The Future of Commons Friederike Habermann & Simon Sutterlütti, Summer Academy 2022 for Pluralist Economics How did the industrialized nations of North America and Europe come to be seen as the appropriate models for post-World War II societies in Asia, Africa, and Latin America? How did the postwar discourse on development actually create the so-called Third World? And what will happen when development ideology collapses? To answer these questions, Arturo Escobar shows how development policies became mechanisms of control that were just as pervasive and effective as their colonial counterparts. 2012 Level: advanced Encountering Development Arturo Escobar Princeton University Press The recent financial meltdown and the resulting global recession have rekindled debates regarding the nature of contemporary capitalism. 2013 Level: advanced A Political Economy of Contemporary Capitalism and its Crisis Sotiropoulos, Dimitris P.; Milios, John; Lapatsioras, Spyros Routledge Free, Fair & Alive is a foundational re-thinking of the commons, the self-organized social systems that human beings have used for millennia to meet their needs. 2019 Level: advanced Free, Fair, and Alive David Bollier, Silke Helfrich New Society Publishers Thomas Piketty's Capital in the Twenty-First Century is the most widely discussed work of economics in recent history, selling millions of copies in dozens of languages. But are its analyses of inequality and economic growth on target? Where should researchers go from here in exploring the ideas Piketty pushed to the forefront of global conversation? A cast of economists and other social scientists tackle these questions in dialogue with Piketty, in what is sure to be a much-debated book in its own right. 2019 Level: advanced After Piketty Marshall Steinbaum, J. Bradford DeLong, Heather Boushey Harvard University Press The rise of capitalism to global dominance is still largely associated – by both laypeople and Marxist historians – with the industrial capitalism that made its decisive breakthrough in 18th century Britain. 2020 Level: advanced A Brief History of Commercial Capitalism Jairus Banaji Haymarket Books In this book, the author, Intan Suwandi, engages with the question of imperialism through the specific channel of Global Value Chains. 2019 Level: beginner Value Chains Intan Suwandi NYU Press This book provides important insights into agrarian history and the economic and cultural meanings associated with land. 2019 Level: beginner The Cultural Economy of Land Suhita Sinha Roy Tulika Books Christopher Hayes examines the causes and consequences of the uprisings, from the city’s history of racial segregation in education, housing, and employment to the ways in which the police both neglected and exploited Black neighborhoods. 2021 Level: advanced The Harlem Uprising Christopher Hayes Columbia University Press As seen with the United Nations significant promotion of the Sustainable Development Goals (SDGs) in the past few years, the issue of global development is of growing concern to many international organizations. As humanity continues to become more interconnected through globalization, the inequalities and injustices experienced by inhabitants of impacted countries becomes increasingly clear. While this issue can be observed in the papers of different types (e.g., different schools of thought) of economists throughout the world, the work of behavioral and complexity economists offer a unique, collaborative perspective on how to frame decisions for individuals in a way that can positively reverberate throughout society and throughout time. 2018 Level: beginner Behavioural vs Complexity Economics: Approaches to Development Erika Sloan Pluralist Economics Fellowship Whether a black swan or a scapegoat, Covid-19 is an extraordinary event. Declared by the WHO as a pandemic, Covid-19 has given birth to the concept of the economic “sudden stop.” We need extraordinary measures to contain it. 2020 Level: beginner Triggering a Global Financial Crisis: Covid-19 as the Last Straw T Sabri Öncu Counterpunch, Prime What made the false assumption that saving the economy at all cost during a pandemic so popular? This paper discusses different pathways through the COVID-19 pandemic at national and international level, and their consequences on the health of citizens and their economies. 2021 Level: beginner How not to save the economy? The interplay of economics and health during the COVID-19 pandemic Vera Leuner, Navaneeth M S, Leandro Pereira Monteiro, Eduardo Lacerda Camargo Bisneto Exploring Economics Recovery from the Covid-19 crisis provides a chance to implement economic measures that are also beneficial from environmental and social perspectives. While ‘green’ recovery packages are crucial to support economies tracking a low-carbon transition in the short-term, green measures such as carbon pricing are also key to improving welfare in the long-term. This commentary specifies the need for carbon pricing, outlines its implications for our everyday lives, and explains how it works alongside value-based change in the context of climate action and societal well-being. 2021 Level: beginner Carbon Pricing: The Key to Open the Way Toward a Sustainable Recovery and Long-Term Wellbeing Stefano Vrizzi, Jessica Geraghty, Matilda Saarinen, Beatrice Noun, Olivia de Vesci, Philippine Levy Exploring Economics This dossier gives an overview of the functions and the nature of money. The concept of Islamic finance is briefly explored, too. 2015 Level: beginner The Nature of Money Lena Rethel I-PEEL In this essay, the principle of capital accumulation, as well as the idea of homo economicus as the basis of the growth model, are located and analyzed from a feminist perspective. The sufficiency approach is presented as an alternative to these two economic logics. 2018 Level: beginner Enough! The Sufficiency Approach and the Limits of Economic Growth Fernanda Nacif Exploring Economics

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