RETHINK
ECONOMICS
RETHINK
ECONOMICS
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1051 results

2015
Level: beginner
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.
2019
Level: expert
This paper attempts to clarify how the European economic crisis from 2007 onwards can be understood from the perspective of a Marxian monetary theory of value that emphasizes intrinsic, structural flaws regarding capitalist reproduction. Chapter two provides an empirical description of the European economic crisis, which to some extent already reflects the structural theoretical framework presented in chapter three. Regarding the theoretical framework Michael Heinrich's interpretation of 'the' Marxian monetary theory of value will be presented. Heinrich identifies connections between production and realization, between profit and interest rate as well as between industrial and fictitious capital, which represent contradictory tendencies for which capitalism does not have simple balancing processes. In the context of a discussion of 'structural logical aspects' of Marx's Critique of the Political Economy, explanatory deficits of Heinrich's approach are analyzed. In the following, it is argued that Fred Moseley's view of these 'structural logical aspects' allows empirical 'applications' of Marxian monetary theories of value. It is concluded that a Marxian monetary theory of value, with the characteristics of expansive capital accumulation and its limitations, facilitates a structural analysis of the European economic crisis from 2007 onwards. In this line of argument, expansive production patterns are expressed, among other things, in global restructuring processes, while consumption limitations are mitigated by expansive financial markets and shifts in ex-port destinations.
2020
Level: advanced
Focusing on Kenya’s path-breaking mobile money project M-Pesa, this book examines and critiques the narratives and institutions of digital financial inclusion as a development strategy for gender equality, arguing for a politics of redistribution to guide future digital financial inclusion projects.
2011
Level: beginner
Marx Reloaded is a cultural documentary that examines the relevance of German socialist and philosopher Karl Marx s ideas for understanding the global economic and financial crisis of 2008 09 The crisis triggered the deepest global recession in 70 years and prompted the US government to spend more than 1 …
2021
Level: beginner
Is our system capable of energy transition and climate protection? How plural is economic policy in practice and who makes the big decisions? What kind of change do we want?
2007
Level: advanced
This collection of essays, a supplement to History of Political Economy, brings together prominent scholars from economics, sociology, literature, and history to examine the role of biography and autobiography in the history of economics. The first of its kind, this volume looks at the relevance of first-person accounts to narrative histories of economics.
2009
Level: beginner
In this interview, Daron Acemoğlu provides a definition of institutions as rules that govern how individuals interact and speaks about social, political and economic institutions. He furthermore presents his view on bad or good institutions and the importance of the latter. The video is part of a larger interview, where he elaborates his perspective on differing prosperities of states and the relation between growth and democracy.
2013
Level: beginner
There are three things one can do in this website - 1. Learn 2. Help Teach 3. Sign up MOOC. This is a semester-long graduate course in Econometrics. This course is intended for graduate students in economics-related fields and more generally in social sciences. The course includes an overview of the models and theory and applications using Stata, R, or SAS programs. This econometrics class covers about 15 of the most commonly used econometric models in economics, such as linear regression, panel data models, probit and logit models, limited dependent variable models, count data models, time series models, and many more.
2011
Level: advanced
In his 2010 published book “The Enigma of Capital and the Crises of Capitalism” multi-talented US geographer, anthropologist and Marxist economist David Harvey aims to analyse the capitalist system that has shaped western society and the globalized world of today.
2022
Level: beginner
Green Growth has been increasingly discussed as a solution to the socio-ecological crisis. But can economic growth be sustainable at all?
2020
Level: beginner
Can pluralism in economics be useful to tackle the fight against climate change? How can a diversity in methods and ideas allow for a better understanding of the issue of the climate crisis? What solutions do different schools of thought offer to overcome the most pressing challenge of the 21st Century? Our Rethinker Henrika Meyer will give you some answers and give you a glimpse of the solutions pluralism offers to tackle the fight against climate change.
2020
Level: beginner
Can pluralism in economics be useful to tackle the fight against climate change? How can diversity in methods and ideas allow for a better understanding of the issue of the climate crisis? What solutions do different schools of thought offer to overcome the most pressing challenge of the 21st Century? Our Rethinker Henrika Meyer will give you some answers and give you a glimpse of the solutions pluralism offers to tackle the fight against climate change.
2020
Level: beginner
How did Britain's economy become a bastion of inequality? In this landmark book, the author of The New Enclosure provides a forensic examination and sweeping critique of early-twenty-first-century capitalism. Brett Christophers styles this as 'rentier capitalism', in which ownership of key types of scarce assets--such as land, intellectual property, natural resources, or digital platforms--is all-important and dominated by a few unfathomably wealthy companies and individuals: rentiers.
1991
Level: advanced
Traditionally, economists have attributed consistency and rational calculation to the action of ‘economic man’. In a powerful challenge to orthodox thinking, Geoffrey Hodgson maintains that social institutions play a central and essential role in molding preferences and guiding action: institutions are regarded as enabling action rather than merely providing constraints.
2019
Level: advanced
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.
2018
Level: advanced
The complex economic problems of the 21st century require a pluralist, real-world oriented and innovative discipline of economics that is capable of addressing and teaching these issues to students. This volume is a state-of-the-art compilation of diverse, innovative and international perspectives on the rationales for and pathways towards pluralist economics teaching.
2019
Level: advanced
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.
2021
Level: beginner
The British historian, Adam Tooze, highlights how the climate crisis is not just an environmental or ecological problem but also a political economy challenge.
2016
Level: advanced
Smith contends that there is no possible solution to our global ecological crisis within the framework of any conceivable capitalism. The only alternative to market-driven planetary collapse is to transition to a largely planned, mostly publicly-owned economy based on production for need, on democratic governance and rough socio-economic equality, and on contraction and convergence between the global North and South.
2018
Level: beginner
Jens Beckert and Richard Bronk, authors of "Uncertain Times", explore the extent to which flaws, blind spots and more importantly bias created by macroeconomics models, based on forecasts and statistical devices, shape crisis and the market economy in which we live.
2016
Level: advanced

"Thought provoking and fresh - this book challenges how we think about economics.”
Gillian Tett, Financial Times

For further information about recent publicity events and media coverage for Rethinking Capitalism please visit http://marianamazzucato.com/rethinking-capitalism/

Western capitalism is in crisis.

2019
Level: advanced
Exploring Economics, an open-source e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
1990
Level: advanced
This is a revolutionary and powerfully argued feminist analysis of modern economics, revealing how woman's housework, caring of the young, sick and the old is automatically excluded from value in economic theory. An example of this pervasive and powerful process is the United Nations System of National Accounts which is used for wars and determining the balance of payments and loan requirements.
2021
Level: beginner
The relationship between race and capitalism is one of the most enduring and controversial historical debates. The concept of racial capitalism offers a way out of this impasse.
2020
Level: beginner
In this short podcast, Naomi Fowler, the Tax Justice Network's creative strategist, discusses how the laws made by those who profited from slavery and the empire and, the extractive business models of the major financial sector continue to impoverish some of the poorest nations.
2016
Level: advanced
This book sets out to encourage a debate about the role that economic theory and philosophy of economics can play. A good part of economics consists of theoretical developments which describe completely imaginary worlds and have no connections to actual market economies
2008
Level: advanced
p>Twenty-first-century economists will have to understand and improve a post-Cold War world in which no single economic theory or system holds the key to human betterment. Heterodox economists have much to contribute to this effort, as a wave of pluralism spawns new lines of research and new dialogues among non-mainstream economists.
2016
Level: advanced
This collection of previously published and new papers is a major intervention in the on-going debate about the nature and future of economics. Instead of the present deductivist-formalist orientation of mainstream economics, Lars Syll advocates for the adoption of a more pluralist approach to economics, arguing for more realism and relevance with less insistence on mathematical modeling.
2016
Level: advanced
Mainstream economics almost completely ignores the role power plays in determining economic outcomes, which means it can only provide partial explanations of the distribution of wealth and income, and of the problems associated with inequality and poverty.
2020
Level: advanced
Trade disputes are usually understood as conflicts between countries with competing national interests, but as Matthew C. Klein and Michael Pettis show in this book, they are often the unexpected result of domestic political choices to serve the interests of the rich at the expense of workers and ordinary retirees.
2018
Level: advanced
Uncertain Futures considers how economic actors visualize the future and decide how to act in conditions of radical uncertainty. It starts from the premise that dynamic capitalist economies are characterized by relentless innovation and novelty and hence exhibit an indeterminacy that cannot be reduced to measurable risk.
2019
Level: advanced
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.

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