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Economist and 2020 Balzan Prize winner for Environmental Challenges: Responses from the Social Sciences and Humanities, Joan Martínez Alier, speaks on the importance of ecological economics and its timeliness around the 2007/2008 global financial crisis. He speaks on the importance of building the field of ecological economics “from the ground up” through praxis. 2012 Level: beginner Ecological Economics Joan Martinez Alier Extraenvironmentalist The economist Thomas Piketty presents a central argument of his book Capital in the Twenty-First century: if the rate of return to capital generally exceeds an economy's growth rate, this leads to a higher concentration of wealth in the long run. He furthermore shows with historical data how wealth and income inequality increased within the past decades. 2014 Level: advanced New thoughts on capital in the twenty-first century Thomas Piketty TED Talks This is a recording of an introductory course held at the 4th International Degrowth Conference for Ecological Sustainability and Social Equity in Leipzig in 2014. Federico Demaria from the French-Spanish organisation Research and Degrowth gives an introduction to degrowth. The presentation is based on the introduction to the book “Degrowth. A vocabulary for a new era.” and discusses definitions of degrowth, degrowth literature, debates, history and further research to be done. 2014 Level: beginner Introductory Course: "Degrowth: What?!" Federico Demaria The Extraenvironmentalist The video gives a short explanation of Max Weber's treatment of the protestant work ethic as the explanatory factor for the development of capitalism. 2016 Level: beginner An Introduction to Max Weber’s The Protestant Ethic - A Macat Sociology Analysis   Macat What is sustainable development and what is the idea of a green economy? What is the role of the green economy in the current triple crisis? The short video discusses the concept and in particular the concerns about a green economy, especially with regards to inequality and poverty. The short statements in the video also reflect other possibilities of transformation. 2012 Level: beginner Green Economy and Sustainable Development: Bringing Back the Social Sarah Cook; Tadzio Müller; Bob Jessop; Bina Agarwal; Claudia Robles; etc. United Nations Research Institute for Social Development In this Ted Talk, Mariana Mazzucato argues against the juxtaposition of the state and entrepreneurial activities. By presenting examples of her research on the relation between innovation and (inclusive) growth, she shows how many innovations were led by states' initiatives. Mazzucato confronts the liberal narrative of the a state that merely provides the frame for the market. 2013 Level: beginner Government - investor, risk-taker, innovator Mariana Mazzucato Ted Talks What does GDP measure? How was it constructed and how did it become so important? What are alternatives? A historical introduction into the critique of GDP as measure of economic welfare. 2015 Level: beginner Dirk Philipsen on GDP Dirk Philipsen The RSA In the keynote speech, Sigrid Stagl argues why it is necessary to include socio-ecological aspects in macoreconomic models. The talk focuses on the ecological necessities, mentioning limits to growth, resource extraction and planetary boundaries. At the end, Stagl shortly presents several current macroeconomic initiatives and models that move towards a a socio-ecological macroeconomics. 2013 Level: beginner Towards a socio-ecological macroeconomics Sigrid Stagl Konzeptwerk Neue Ökonomie In this keynote speech, Roger Backhouse gives a historical overview of theories on secular stagnation: how it evolved from a description of the economic situation, especially in the U.S. of the 1930s to an analytical tool and then lost importance until its current revival. Backhouse touches upon the contributions of J. A. Hobson, Alvin Hansen, Evsey Domar and Paul Samuelson. 2015 Level: advanced Theories of stagnation in historical perspective Roger Backhouse IMK Stiglitz answers the question why globalization and world trade has not delivered on its promise of increased well being as much as classical economists thought, by pointing to the power asymmetries: firstly, between industrialized nations and developing nations and secondly, between special corporate interest and social interests. In his analysis, developed countries and MNCs were able to extract the benefits, while shifting the costs (i.e. pollution) to states and communities with lesser power. Amongst many other historical examples the pharmaceutical and the mining industry are discussed to some length. 2013 Level: beginner Stiglitz on globalization, why globalization fails? The trade agreements Joseph Stiglitz - Founded in 1968, The Union for Radical Political Economics (URPE) is an interdisciplinary membership organization of academics and of activists. Its mission is to promote the study, development and application of radical political economic analysis to social problems. Concretely, this involves a continuing critique of both the capitalist system, and of all forms of exploitation and oppression. URPE’s mission also includes, coming out of this critique, helping to construct a progressive social policy, and a human-centered radical alternative to capitalism. Level: beginner Union for Radical Political Economics   Union for Radical Political Economics Özlem Onaran analyses the current problems of secular stagnation from a global perspective. At the core of global economic problems is insufficient demand caused by falling wage shares, because most individual countries, and the world as a whole are “wage-led”. Hence a strategy for global growth is to aim at increasing wages and thus the wage share, and the abandonment of policies focusing purely on national competitiveness. Financialization has broken the link between corporate profitability and investment. Reregulation of finance and higher public investment is required in order to crowd in private investment, in this way, reversing the declining trend of potential output growth. 2015 Level: advanced Current Problems of Secular Stagnation from a Global Perspective Özlem Onaran IMK How did economic growth become paramount as the public policy objective? Peter Victor discusses the role of growth within institutions, asks if it is possible to imagine a degrowth economy and discusses the role of grass-root movements. 2012 Level: beginner Ecological Economics Peter Victor Extraenvironmentalist This is an introductory lecture to Stock Flow Consistent SFC modelling Antoine Godin presents this family of macroeconomic models which is based on a rigorous accounting framework and guarantees a correct and comprehensive integration of all the flows and the stocks of an economy SFC models focus especially on interactions … 2015 Level: advanced Post Keynesian Stock-Flow consistent Modelling Antoine Godin IMK The Lecturer Prof. Francesco Lissoni presents basic concepts of the Economics of Innovation. Firstly, he distinguishes between invention, innovation and diffusion and relates innovation to economic growth. Subsequently, he elucidates learning and network effects. 2012 Level: advanced Economics of Innovation 1/2 Francesco Lissoni Alta Scuola Politecnica Due to the IMF’s focus on gender budgeting, this essay will mainly examine its gender budgeting recommendations as an example of its general inclination towards gender issues and its conception of gender equality. What does the IMF’s focus on gender equality really mean from a critical feminist perspective? What are its main objectives? What does it seek to change and to maintain? What concept or idea of women does it follow and what are the underlying theoretical foundations? 2017 Level: beginner The Gender strategy of the IMF: The way to go towards gender equality or a mere instrumentalisation of feminism? Lisa Weinhold and Carolin Brodtmann Exploring Economics 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 Nancy Folbre Equitable Growth Blog "Why information grows" by Cesar Hidalgo and the atlas of economic complexity. César visits the RSA to present a new view of the relationship between the individual and collective knowledge, linking information theory, economics and biology... 2015 Level: advanced Why information grows and the atlas of economic complexity. César Hidalgo The RSA Anwar Shaikh explores alternative economic explanations, emphasizing 'real competition' theory and the role of imperfections in economic patterns. 2017 Level: advanced Capitalism: Competition, Conflict, Crisis Anwar Shaikh The New School for Social Research Ever wondered how a rap battle between John Maynard Keynes and F.A. Hayek would sound like? 2010 Level: beginner Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle! Emergent Order Emergent Order In this short lecture the marxist economic geographer David Harvey explains how his theory of The accumulation of dispossession came about and its central principles The theory builds on Marx law of the centralisation of capital arguing how the accumulation no longer stems from producing rather through trading asset values … 2019 Level: advanced Anti-Capitalist Chronicles: Accumulation by Dispossession David Harvey Democracy at Work In this TedTalk Dan O Neil explains why GDP and infinite growth are concepts that we should leave behind and which other perspectives have been developed Degrowth post growth well being or steady state economy The goal is to rethink a new paradigm that puts society and the environment at … 2014 Level: beginner The Economics of Enough Dan O'Neil TedX In this Ted Talk, Oxford economist Kate Raworth argues that instead of prioritizing the growth of nations, the world should rather prioritize meeting the needs of all people living on the planet within ecological limits. 2018 Level: beginner A healthy economy should be designed to thrive, not grow Kate Raworth TED 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 RSA (Royal Society for the encouragement of Arts, Manufactures and Commerce), Mariana Mazzucato, Matthew Taylor Youtube This is webinar series organized by the SOAS Open Economic Forum and the SOAS Economics Department with speakers from the same department as well as other academic figures. 2020 Level: beginner The Economics of Covid-19 | SOAS University of London SOAS Open Economics Forum, SOAS Economics Department, Various SOAS Open Economics Forum 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 An analysis of the modern neoliberal world, its characteristics, flaws and planetary boundaries aiming to end new economic politics and support a global redistribution of power, wealth and roles. In this online lecture, economist and Professor at the School of Oriental and African Studies (SOAS), London, UK. Costas Lapavitsas, explains the limitations of the neoliberal market in creating financial stability and growth in both, developing and developed countries. 2020 Level: advanced The Limits to Neoliberalism: how states respond to the crisis SOAS Open Economics Forum, SOAS Economics Department, Costas Lapavitsas SOAS University of London In this podcast, Laura Basu speaks with a range of expert academics and public speakers – such as Jayati Ghosh, Yanis Varoufakis, Walden Bello, and Ashish Kothari about how the rules of the global economy are fostering the inequality and underdevelopment we see today. 2020 Level: beginner Decolonising the Global Economy Laura Basu, Jayati Ghosh, Yanis Varoufakis, Walden Bello and Ashish Kothar openDemocracy Could working less make people and the planet better off? Find out in this dossier by exploring the landscape of working time reduction policies and their potential for reimagining, restructuring, and redistributing time as a political resource in the 21st century economy. 2020 Level: beginner Could Working Time Reduction Policies Save People and the Planet? Patrick Léon Gross, Laura Wedemeyer, Caroline Schenck, and Bettina Chlond Exploring Economics In this lecture, Branko Milanovic gives an overview of the concept of inequality as conceptualized within the classical school of thought. 2020 Level: beginner Income Inequality in Quesnay, Smith, Ricardo and Marx (Part 1: Quesnay, Smith) Branko Milanovic Youtube The principle of effective demand, and the claim of its validity for a monetary production economy in the short and in the long run, is the core of heterodox macroeconomics, as currently found in all the different strands of post-Keynesian economics (Fundamentalists, Kaleckians, Sraffians, Kaldorians, Institutionalists) and also in some strands of neo-Marxian economics, particularly in the monopoly capitalism and underconsumptionist school In this contribution, we will therefore outline the foundations of the principle of effective demand and its relationship with the respective notion of a capitalist or a monetary production economy in the works of Marx, Kalecki and Keynes. Then we will deal with heterodox short-run macroeconomics and it will provide a simple short-run model which is built on the principle of effective demand, as well as on distribution conflict between different social groups (or classes): rentiers, managers and workers. Finally, we will move to the long run and we will review the integration of the principle of effective demand into heterodox/post-Keynesian approaches towards distribution and growth. 2015 Level: advanced The principle of effective demand: Marx, Kalecki, Keynes and beyond Eckhard Hein Institute for International Political Economy Berlin Professor Joseph Aldy from Harvard Kennedy School gives us some insights about how economics can set the balance between policymakers, scientists, employers and citizens. 2020 Level: beginner Can Economics save the Environment? Joseph Aldy New Economic Thinking

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