In 18th century Europe figures such as Adam Smith, David Ricardo, Friedrich List and Jean Baptiste Colbert developed theories regarding international trade, which either embraced free trade seeing it as a positive sum game or recommended more cautious and strategic approaches to trade seeing it as a potential danger and a rivalry and often as a zero-sum game. What about today? 2016 Level: beginner Free trade in economic theories Exploring Economics Exploring Economics 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 The general idea of a Job Guarantee (JG) is that the government offers employment to everybody ready, willing and able to work for a living wage in the last instance as an Employer of Last Resort. The concept tackles societal needs that are not satisfied by market forces and the systemic characteristic of unemployment in capitalist societies. Being a central part of the Modern Monetary Theory (MMT), attention for the JG concept rose in recent years. 2020 Level: beginner The Job Guarantee Jannik Landwehr Exploring Economics 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 2022 Level: advanced Why the war in Ukraine does not jeopardise the dollar's reserve currency status Florian M. Kern Dezernat Zukunft 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 Ángel Ubide ZBW – Leibniz Information Centre for Economics/CEPS – Centre for European Policy Studies Green Growth has been increasingly discussed as a solution to the socio-ecological crisis. But can economic growth be sustainable at all? 2022 Level: beginner Is Green Growth a myth?   Netzwerk Plurale Ökonomik e.V. It has become a contentious term in- and outside of economic policy: austerity. Allegedly the culprit behind the shortfalls of governments' reaction to the Great Financial Crisis, the policy makes for a spirited debate. 2015 Level: beginner Austerity Mark Blyth Oxford University Press In this book, Blakely tells us a story of the class nature of capitalism, in which she centers the role of the financial sector and its rapid growth. 2019 Level: beginner Stolen Grace Blakeley Watkins Media Limited In this new book Smith returns to Solow s classic productivity paradox which essentially states that we can see automation everywhere like the spheres of leisure sociality and politics but not in the productivity statistics He examines why labor saving automation in the service age in the Global North has … 2020 Level: advanced Smart Machines and Service Work Jason E. Smith Reaktion Books A comprehensive account of how government deficits and debt drive inflation 2023 Level: advanced The Fiscal Theory of the Price Level John Cochrane Princeton University Press Economics should schematically explain the key elements and main strands of this core part of social life: the actual workings of our economies. This book argues that orthodox, modern neoclassical economics does not fulfil this core task. Standard economics models do not address the real functioning of our market economies, but rather an imagined economy. 2022 Level: beginner Economics and the Real World Joaquim Vergés Ethics International Press Ltd, UK Microeconomics in Context lays out the principles of microeconomics in a manner that is thorough, up to date, and relevant to students. Like its counterpart, Macroeconomics in Context, the book is uniquely attuned to economic realities. The "in Context" books offer affordability, accessible presentation, and engaging coverage of current policy issues from economic inequality and global climate change to taxes. 2013 Level: advanced Microeconomics in Context Neva R. Goodwin, Jonathan M. Harris, Julie A. Nelson, Brian Roach, Mariano Torras Routledge 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. 2009 Level: beginner Introduction to Post-Keynesian Economics Marc Lavoie Palgrave Macmillan UK Mr Minsky long argued markets were crisis prone His moment has arrived The Wall Street Journal In his seminal work Minsky presents his groundbreaking financial theory of investment one that is startlingly relevant today He explains why the American economy has experienced periods of debilitating inflation rising unemployment and marked … 2008 Level: advanced Stabilizing an Unstable Economy Hyman Minsky McGraw Hill Professional