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The main goal of this website is to make Economics less confusing. You can explore what the discipline of Economics is and could be. Learn about basic Economic terms and jargon. 2019 Level: beginner ecnmy.org - What is the Economy?   ecnmy.org In this talk, Eric Beinhocker outlines his ideas of how to ensure a just and sustainable future for Humanity: This includes his interesting Russian Doll approach to unpacking 20th-century economics and proposals of new theories to underpin a new economic system. 2019 Level: beginner Economic Transition in the Anthropocene Eric Beinhocker University of California Donald Trump won in 2016 largely because enough voters in three states, all in the Rustbelt, which had voted for Barack Obama in both 2008 and 2012, switched their electoral votes from Democratic to Republican. 2019 Level: beginner The Rise of Trumpism John Komlos Duke University’s John Hope Franklin Center What data is used in the economic models of the IPCC? How problematic is it, that tipping points are often ignored? A very interesting presentation by Steve Keen during the OECD Conference "Averting Systemic Collapse". 2019 Level: beginner Averting Systemic Collapse Steve Keen ZOE. Institute for future-fit economies A rethinking of the way to fight global poverty and winners of the Swedish Bank Prize for Economics. 2019 Level: advanced Social Experiments to Alleviate Poverty Abhijit Banerjee, Esther Duflo, and Michael Kremer Exploring Economics In this short video 'Raghuram Rajan’s Dosa Economics Explained', the famous theory of Dr. Raghuram Rajan, ex-governor of Reserve Bank of India (RBI), Dosa Economics, has been explained using a very simple example of Dosa ( a delicacy of India). Here, Dr. Raghuram Rajan tries to explain that low interest rate and low inflation is much better than high interest rate and high inflation. 2018 Level: beginner Raghuram Rajan’s Dosa Economics Explained Raghuram Rajan scroll.in Professor Jennifer Clapp explains the dynamics of financialization of land and agricultural commodities in Subsaharan Africa. She points to the historical roots of accelerated land speculation and their connection to financial institutions, both generating and reinforcing the process of financialization of African land. Besides talking about roots and dynamics of speculation with land on financial markets, she puts the perspective of scholarly investigation onto the investor's side in discussing guidelines of responsible investment and regulation in the front instead of focussing on the receiving countries. 2013 Level: beginner Land and Financialization: Role of International Financial Actors in Land Deals in Africa Jennifer Clapp The North-South Institute In this short video Peter Reich illustrates seven aspects of the state of the US economy. He provides suggestions on how to to get started to move towards a more fair distribution of wealth. 2019 Level: beginner Everything You Need to Know About the New Economy Robert B. Reich https://robertreich.org 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 Prof. Robert Guttmann looks at the current transformation of the international world order through the lenses of global money and finance. 2019 Level: advanced Multipolar Capitalism Robert Guttmann Instituto de Economia da Unicamp In this talk Robert Skidelsky analyses how sociology did and could enrich economic analyses, but also how critical sociological insights have been colonised by mainstream economics. 2019 Level: beginner How Can Sociology Help Economics? Robert Skidelsky Institute for New Economic Thinking In this short Video Silke Helfrich discusses the basics of commons. It’s an introduction into the essence of commons from a perspective stemming from outside the economic discipline that focuses on social practice. Her perception challenges the economic mainstream’s perception of common goods and goes beyond a purely materialistic conceptualisation of commons. 2014 Level: beginner The Basics of Commons Silke Helfrich Leuphana Digital School This content submission has two parts: (1) a link to the post by Wolf Richter on deterioration of US subprime credit card debt and loans, driven in part by the overuse of hedonic quality adjustments in the Consumer Price Index (CPI) used by the US Bureau of Labor Statistics, and (2) to introduce Exploring Economics to the website Naked Capitalism, which is an effort to promote critical thinking through the medium of a finance and economics blog and fearless commentary. 2019 Level: expert What’s Behind the Subprime Consumer Loan Implosion? Wolf Richter www.nakedcapitalism.com In this video, Rajan Raghuram highlights ‘A hereditary Meritocracy’. He identifies the “limitations” with the current economic systems of democracy and markets. 2019 Level: beginner A Hereditary Meritocracy Raghuram Rajan New Economic Thinking In this tenth lecture in INET’s “How and How Not to Do Economics,” Robert Skidelsky argues that there are two main reasons why economists should study history. 2019 Level: beginner Economic History Robert Skidelsky INET Mariana Mazzucato explains how we lost sight of what value means and why we need to rethink our current financial systems so capitalism can be steered toward a bold, innovative and sustainable future that works for all of us. 2019 Level: beginner What is economic value, and who creates it? Mariana Mazzucato TedTalks In this TED Talk, the behavioral economist Dan Ariely explain how changing our environment could change our behavior and how this connects with how we think about economics, through simple but powerful examples. 2019 Level: beginner How to change your behavior for the better Dan Ariely TED Planet Money and The Indicator aim to explain current economic events in an easy, fun and accessible manner. 2008 Level: beginner Planet Money Amanda Aronczyk, Mary Childs, Karen Duffin, Jacob Goldstein, Sarah Gonzalez, and Kenny Malone https://www.npr.org/ As part of the 2019/2020 Exploring Economics Experience, one of our supporters Prof. Steve Keen gave a presentation to our editorial team. Read more 2020 Level: expert The foundations of monetary macroeconomics - Steve Keen | Exploring Economics Global Lecture Steve Keen Exploring Economics Inequality is an issue we all face every day, from income disparities to gender discrimination. In this first lecture in the Institute for New Economic Think... 2020 Level: beginner Inequality 101 with Branko Milanovic & Arjun Jayadev Branko Milanovic & Arjun Jayadev Institute for New Economic Thinking Global Social Theory is a large wiki-like project by Gurminder K Bhambra. Its central aim is decolonising and diversifying universities, production of knowledge, and social thought in general. It represents a large online library divided into three parts: concepts, thinkers, and topics in/of social theory and decolonial thought. Every part comprises of short, introductory articles on an according theme. It may be helpful to give you a general overview (and a list of basic readings) on the most essential areas of social theory: caste, class, and race; civil society; racism; secularism; feminism and many others. It may also allow students whose university curriculum in sociology, economics, or other social sciences lacks diversity to compensate for that. Level: beginner Global Social Theory Multiple academic authors: professors, researchers, and lecturers. globalsocialtheory.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 Happiness economics is a branch in behavioral economics, where it explores the economics factors and consequences of happy humans. What makes people happier, and what benefits do we get when people are happier? This dossier introduces you to the field of happiness economics, from a review of economic factors proposed to influence people’s happiness, to a discussion of the economic consequences of happiness, and concludes with economic policy implications of happiness economics. 2020 Level: beginner Happiness Economics. Does the Easterlin paradox stand? Siyu Wang Pluralist Economics Fellowship The article discusses the state’s influence on innovation through financial support and provides examples how the state could receive a financial share of successful enterprises in order to keep on driving innovation in the future. 2013 Level: beginner State of innovation: Busting the private-sector myth Mariana Mazzucato https://www.newscientist.com A stock-flow-fund ecological macroeconomic model 2020 Level: expert DEFINE - A stock-flow-fund ecological macroeconomic model Yannis Dafermos, Giorgos Galanis & Maria Nikolaidi DEFINE Overview page for the collection of nobel laureateas on Exploring Economics 2020 Level: beginner Nobel memorial prize in economic sciences - A critical overview   Exploring Economics Peter Bofinger argues that the Modern Monetary Theory gives theoretical justification for bold answers to the corona crisis. 2020 Level: beginner Coronavirus crisis: now is the hour of Modern Monetary Theory Peter Bofinger Social Europe Exploring Economics Dossier on the economic fallout of the COVID-19 pandemic and the structural crisis of globalization. COVID-19 encounters a structural crisis of globalization and the economic system that drives it, with an uncertain outcome. We asked economists worldwide to share with us their analysis of current events, long-term perspectives and political responses. The dossier will be continuously expanded. 2020 Level: beginner The Next Great Recession? Exploring Economics Dossier   Exploring Economics Currency hierarchy and policy space: A research agenda for development economics Barbara Fritz 2017 Level: advanced Currency hierarchy and policy space Barbara Fritz FMM The world is coping with a global disaster, as the new Coronavirus takes a toll on many lost lives and a severe impact on economic activity. To provide a long-run perspective, this column documents the international response to a variety of disasters since 1790. Based on a new comprehensive database on loans extended by governments and central banks, official (sovereign-to-sovereign) international lending is much larger than generally known. Official lending spikes in times of global turmoil, such as wars, financial crises or natural disasters. Indeed, in these periods, official capital flows have repeatedly surpassed total private capital flows in the past two centuries. Wars, in particular, were accompanied by large surges in the volume of official cross-border lending. 2020 Level: advanced Coping with disasters: Lessons from two centuries of international response Sebastian Horn, Carmen Reinhart, Christoph Trebesch VOX CEPR Policy Portal Yanis Varoufakis, former finance minister of Greece and the co-founder of the international DiEM25 platform, discusses the economic and political impacts of the Covid-19 Pandemic, in particular with regards to the Eurozone and southern European countries. 2020 Level: beginner Coronavirus Economics and the Eurozone Yanis Varoufakis kpfa.org The likely global impacts of the economic fallout from the Coronavirus and how we might be better prepared than the 2008 economic crisis to put forward progressive solutions. 2020 Level: beginner The coming global recession: building an internationalist response   Transnational Institute

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