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An honest discussion of free trade and how nations can sensibly chart a path forward in today’s global economy. 2019 Level: advanced Straight Talk on Trade Dani Rodrik Princeton University Press 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. 2016 Level: advanced Green Capitalism Richard Smith, World Economics Association College Publications 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. 2007 Level: advanced Economists' Lives E. Roy Weintraub, Evelyn L. Forget Duke University Press Big challenges lie ahead for our society: increased automation of work, and the threat of catastrophic climate change. But so, too, are the huge possibilities presented by new technology and better ways of organising our economy in the wake of neoliberalism's failure. 2018 Level: advanced Economics for the Many John McDonnell Verso Books This open access book presents an alternative to capitalism and state socialism through the modelling of a post-market and post-state utopia based on an upscaling of the commons, feminist political economy and democratic and council-based planning approaches. 2022 Level: beginner Make Capitalism History Simon Sutterlütti, Stefan Meretz Springer International Publishing Dirk Bezemer exemplary presents pattern of the U.S. economy before the 2007 economic crisis and explains how due to those pattern the crisis could have been, unless not precisely predicted, yet anticipated. 2014 Level: beginner Prof Dirk Bezemer on 2007/2008 Financial Crisis Dirk Bezemer University of Groningen What is money and how is it used? After answering these questions, Dirk Bezemer analyses how finance can be dysfunctional for the real economy. 2016 Level: beginner When is Finance Bloated and Dysfunctional? Dirk Bezemer Netzwerk Plurale Ökonomik The text presents a short perspective of International Political Economy, which "have often sought to complement discussions of governance with a healthy dose of critique", on resistance against e.g. economic inequality or economic and political power. 2017 Level: beginner Resistance James Brassett I-PEEL Multimedia dossier on unpaid labor (featuring the UK statistics office unpaid work calculator), migrant care labor and feminist political economy more generally. 2017 Level: beginner Housework – I-PEEL.org Sedef Arat-Koç I-PEEL This course introduces students to the relevance of gender relations in economics as a discipline and in economic processes and outcomes. The course covers three main components of gender in economics and the economy: (1) the gendered nature of the construction and reproduction of economic theory and thought; (2) the relevance and role of gender in economic decision-making; and (3) differences in economic outcomes based on gender. We wil touch on the relevance of gender and gender relations in at least each of the following topics: economic theory; the history of economic thought; human capital accumulation; labor market discrimination; macroeconomic policy, including gender budgeting; household economics; basic econometrics; and economic crises. 2019 Level: beginner Gender Relations and Economics Alyssa Schneebaum Vienna University of Economics and Business 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 Based on a critique on econometric and DSGE models (in particular in the context of the financial crisis), Doyne Farmer presents his current research programme that aims at building an agent-based model of the financial and economic crisis. It models heterogeneous agents and from there simulates the economy, firstly for the housing market. The interview gives a short insight in the research programme. 2011 Level: beginner Macroeconomics From the Bottom Up Doyne Farmer INET In this keynote lecture during the conference „The Spectre of Stagnation? Europe in the World Economy“, Till van Treek presents research on how changes in income distribution lead to macroeconomic instability and crisis, focusing on currents accounts. Treek presents the relative income hypothesis in contrast to other mainstream and Post-Keynesian explanations. The relative income hypothesis proposes that aggregate demand increases and savings decrease with rising personal income inequality due to upward looking status comparison – but effects depend on the quantile where income inequality increases. Treek points to the importance of accounting for both income and functional income distribution and underlines his arguments with data comparing different pattern in Germany and the U.S. 2015 Level: expert Macroeconomics of inequality & instability - Inequality, imbalances and the crisis Till van Treeck IMK The dossier first discusses the impact of colonialism on introducing foreign plants and thus disrupting ecosystems. Subsequently the case of the knotweed, a plant introduced from Japan to the UK and now considered a threat to biodiversity is explored. The complex economy built around the plant consisting of regulations, pesticides, experts, and landowners is then explored. 2015 Level: beginner Knotweed – I-PEEL.org Lynee Pettinger I-PEEL The dossier explores the nature of care work and the gendered constructions and dichotomies that are associated with it. Drawing from feminist analysis the double burden, the undervaluation of feminised labour, the commodification of affective labour and the remittance economy are inquired into. Moreover, it is discussed how welfare regimes rely on the different organization of care work. 2015 Level: beginner Care – I-PEEL.org Juanita Elias I-PEEL 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 Trickle Down Economics - an old topic, but still present in our lives. The idea consists of deregulation of the economy and of lower tax for the top in order to increase the "size of the pie" so everybody would have a bigger piece, even with a smaller share. 2015 Level: beginner A critique to Trickle-down economics Joseph Stiglitz Intelligence Squared In order to describe the global structure of the monetary and financial system and its effects on the global economy, most economics textbooks rely on unappropriated theories that provide nothing but outdated descriptions. In this talk, key speakers in economics, economic history and banking try to make this complex system a little more understandable by relying on real-world insights. 2016 Level: advanced Global Money: Past, Present, Future Perry Mehrling, Adam Tooze, Patricia Mosser, Phil Prince and Katharina Pistor (moderator) Columbia Global Thought This infographic gives a summary of the 2018 Trade Wars. This simple, compiled overview is suitable for those without a strong political or economic background. The infographic explains briefly basic concepts related to trade and provides a short timeline of events. It furthermore checks Trump administration's arguments to launch the the trade war against facts and estimates of how the 2018 trade war can affect the global and North-American economy. 2018 Level: beginner 2018 Trade Wars Infographic Trade Machines Trade Machines In this blog article Steve Keen elaborates on flawed climate change modelling and mainstream economics forecasts. In specific, he stresses the climate change forecasts of the DICE model (“Dynamic Integrated model of Climate and the Economy”) by Nobel Memorial Prize in Economic Sciences winner William Nordhaus. 2019 Level: advanced The Cost of Climate Change Steve Keen Evonomics This Blog Post describes the U.S. federal reserve money system from the perspective of the Modern Monetary Theory (MMT). Therefore it presents a theory of money creation, gives simple examples how this influences the economy and the historical process of why the monetary system of the US has developed this way. 2019 Level: beginner An Introduction in the Federal Reserve Money system J.D. ALT NewEconomicsPerspectives.org Prof. Yanis Varoufakis talks in this introductory lecture about the future of our economy and the current state of economics with special regard to pluralism in economics. 2020 Level: beginner Introduction to Pluralism in Economics - From an Economics-without-Capitalism to Markets-without-Capitalism Yanis Varouvakis Universität Tübingen, Rethinking Economics Dani Rodrik, Professor of International Political Economy at Harvard's Kennedy School of Government, is teaching in this online session about the global rules under which the modern (free trade-focused) type of globalization operates and why, under such institutions, international community fails to deal with the climate change and pandemics. 2020 Level: beginner Pandemics, Climate Change, and Global Economics: Where Did We Go Wrong in Globalization? Dani Rodrik Harvard Kennedy School In this episode of Jacobin radio, James K. Galbraith elaborates on the economic policies for the corona crisis, and Aaron Benanav on the crisis of unemployment. James K Galbraith also discusses why the economy as currently organized has been unable to deal with the challenges of the pandemic. 2020 Level: beginner Jacobin Radio: economic policies for the corona crisis ames K. Galbraith and Aaron Benanav Jacobin Radio In this virtual teach-in, radical economists David McNally (author of the essential Global Slump) and Hadas Thier (author of the forthcoming A People’s Guide to Capitalism) will try to help activists make sense of the twists, turns, and sudden collapses in the world economy that have been playing out in the background during this global health emergency. 2020 Level: advanced Microbes and Macroeconomics: Understanding the Pandemic and the Global Slump David McNally Haymarket Books 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 This paper surveys the development of the concept of socialism from the French Revolution to the socialist calculation debate. Karl Marx’s politics of revolutionary socialism led by an empowered proletariat nurtured by capital accumulation envisions socialism as a “top-down” system resting on political institutions, despite Marx’s keen appreciation of the long-period analysis of the organization of social production in the classical political economists. Collectivist thinking in the work of Enrico Barone and Wilfredo Pareto paved the way for the discussion of socialism purely in terms of the allocation of resources. The Soviet experiment abandoned the mixed economy model of the New Economic Policy for a political-bureaucratic administration of production only loosely connected to theoretical concepts of socialism. The socialist calculation debate reductively recast the problem of socialism as a problem of allocation of resources, leading to general equilibrium theory. Friedrich Hayek responded to the socialist calculation debate by shifting the ground of discussion from class relations to information revelation 2017 Level: beginner Socialist alternatives to capitalism I: Marx to Hayek Duncan Foley New School for Social Research, Department of Economics Sustainable Development has become dominant in policy debates in the last two decades. Standard models in neoclassical economics as taught in undergraduate classes fail to capture the complex relationships between the economy and the environment. 2021 Level: beginner Using Academic Travel to Teach Sustainable Economic Development Poulomi Dasgupta VS Springer The authors analyse the role and effects of the US dollar as factual global reserve currency. They demonstrate that a flight into the dollar creates adverse effects for the global economy as it represents a tightening of financial conditions. 2021 Level: advanced Dollar dominance and the international adjustment to global risk Georgios Georgiadis, Gernot Müller, Ben Schumann Centre for Economic Policy Research In this piece Alexander Kravchuk gives an overview over the history of dept dependency in Ukraine, highlighting especially the role of international creditors and the negative socio-economic impacts of debt dependency for the Ukrainian economy. 2015 Level: advanced The origins of Ukraine’s debt dependence Alexander Kravchuk Commons: Journal for Social Criticism Cédric Durand locates the Russian War on Ukraine in relation to Russian Economic Development and Political Economy after the collapse of the soviet union. 2022 Level: beginner Cold Peace Cédric Durand New Left Review Complexity economics and institutional economics are complementary approaches to studying the economy. They can pool their methods and foundational theories to explain the mechanisms that underlie economies. 2017 Level: beginner The complimentary relationship between institutional and complexity economics Claudius Gräbner Munich personal RePEc archive https://mpra.ub.uni-muenchen.de

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