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Macroeconomics in Context: A European Perspective lays out the principles of macroeconomics in a manner that is thorough, up to date, and relevant to students. With a clear presentation of economic theory throughout, this latest addition to the bestselling "In Context" set of textbooks is written with a specific focus on European data, institutions, and historical events, offering engaging treatment of high-interest topics, including sustainability, Brexit, the euro crisis, and rising inequality. Policy issues are presented in context (historical, institutional, social, political, and ethical), and always with reference to human well-being.
2018
Level: adelantado
Macroeconomics in Context
The book deals with the financial instability hypothesis of Hyman P. Minsky and its application to current developments. The first part of the work summarizes the hypothesis and mentions works elaborating the hypothesis. The second part applies the hypothesis to the financial crisis 0f 2008/09.
2014
Level: adelantado
The Financial Instability Hypothesis of Hyman P. Minsky
David Harvey illustrates the five most common narratives on why the financial and economic crisis took place – from human frailty to policy failure.
2010
Level: debutante
RSA ANIMATE: Crises of Capitalism

In the graveyard of economic ideology, dead ideas still stalk the land.

The recent financial crisis laid bare many of the assumptions behind market liberalism—the theory that market-based solutions are always best, regardless of the problem. For decades, their advocates dominated mainstream economics, and their influence created a system where an unthinking faith in markets led many to view speculative investments as fundamentally safe.

2012
Level: debutante
Zombie Economics
This film looks at the role economic growth has had in bringing about this crisis, and explores alternatives to it, offering a vision of hope for the future and a better life for all within planetary boundaries.
2020
Level: debutante
Fairytales of Growth
The authors discuss how identity affects economic outcomes by bringing together psychological and sociological perspectives and economics. For economic outcomes of a single individual, it might be interesting which kind of social groups this individual belongs to. This may influence individual daily decisions and hence economic outcomes. It can, however, not only affect individual economic outcomes but also economic outcomes of organizations, institutions and other groups. This paper describes these influences with respect to gender in the workplace, to the economics of poverty and social exclusion, and to the household division of labour.
Level: adelantado
Economics and Identity
The chapter by the Centre for Economy Studies introduces interdisciplinary economic subdisciplines and their importance for economics education.
2021
Level: debutante
Interdisciplinary Economics
Feminist economics focuses on the interdependencies of gender relations and the economy. Care work and the partly non-market mediated reproduction sphere are particularly emphasised by feminist economics.
Feminist Economics

Best-selling books such as Freakonomics and The Undercover Economist have paved the way for the flourishing economics-made-fun genre. While books like these present economics as a strong and explanatory science, the ongoing economic crisis has exposed the shortcomings of economics to the general public.

2015
Level: adelantado
Economics Made Fun
The 2007–08 credit crisis and the long recession that followed brutally exposed the economic and social costs of financialization. Understanding what lay behind these events, the rise of “fictitious capital” and its opaque logic, is crucial to grasping the social and political conditions under which we live. Yet, for most people, the operations of the financial system remain shrouded in mystery.
2017
Level: adelantado
Fictitious Capital
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: debutante
Austerity
In this searing and insightful critique, Adrienne Buller examines the fatal biases that have shaped the response of our governing institutions to climate and environmental breakdown, and asks: are the 'solutions' being proposed really solutions? Tracing the intricate connections between financial power, economic injustice and ecological crisis, she exposes the myopic economism and market-centric thinking presently undermining a future where all life can flourish.
2022
Level: debutante
The Value of a Whale
Mainstream economic theory has been increasingly questioned following the recent global financial crisis. Marc Lavoie shows how post-Keynesian theory can function as a coherent substitute by focusing on realistic assumptions and integrating the financial and real sides of the economy.
2015
Level: adelantado
Post-Keynesian Economics
This book contends that post Keynesian economics has its own methodological and didactic basis, and its realistic analysis is much-needed in the current economic and financial crisis.
2013
Level: debutante
Teaching Post Keynesian Economics
Austerity has been at the center of political controversy following the 2008 financial crisis, invoked by politicians and academics across the political spectrum as the answer to, or cause of, our post-crash economic malaise.
2019
Level: debutante
Austerity
Capitalism cannot fulfil the promises of the French revolution: Liberty, Equality, Fraternity. Why? Richard Wollf elaborates on Marx's analysis of the distribution and organisation of surplus in society and his conclusion that there is something inherently wrong in capitalist class structure that still causes economic crisis in our modern times. Change requires changing the organisation of the production. This goes far beyond a discussion of 'more-state' vs. 'less-state'.
2011
Level: debutante
Intro To Marxian Economics
This multimedia dossier is part of the series „Understanding Finance“ by Finance Watch and explores the following questions: What is bank capital and how is it regulated? It further presents controversies on the size of bank capital in the aftermath of the financial crisis and on how bank capital affects economic activity.
2016
Level: debutante
Bank capital – what is it and how is it regulated?
Irene van Staveren, professor of pluralist development economics, presents her pluralist teaching method for the introductory level. Based on her textbook “Economics After the Crisis: An Introduction to Economics from a Pluralist and Global Perspective” she suggests to focus on real-world problems and pari passu apply economic theories such as Social economics, Institutional economics, Post-Keynesian economics as well as Neoclassical economics without wasting time to single out the latter. Besides pointing out advantages of such a pluralist method Irene illustrates her approach based on interesting topics such as growth or feminist economics.
2016
Level: debutante
Beyond stimulus versus Austerity: Pluralist capacity building in Macroeconomics
In this radio program, the anthropologist David Graeber, explores the history of debt in (currently) 12 episodes. The program is based on his book Debt: The First 5000 Years. First, Graeber asks the questions of how debt and money are characterized, which meaning and roles they had in different historic episodes and how they were interrelated. In the most recent episodes, Graeber elaborates on how debt shaped society. He argues that debt had a different moral status in different times of history, one session analyses the current financial and economic crisis and the role of credit in this historical context.
Level: debutante
Promises, Promises: A history of debt
The mandate of central banks has seemed clear for decades : keep inflation low. Nevertheless borders between monetary, financial and economic policy have been blurry even before the pandemic.. Faced with the challenges of the climate crisis, slow growth, unemployment and inequality, does the financial and monetary system need a new constitutional purpose.
2020
Level: debutante
Beyond Price Stability
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: adelantado
Green Capitalism
Why has heterodox economics not been more successful in making inroads into the mainstream? And why has “pluralist economics,” the most prominent alternative paradigm to mainstream economics, not been more successful in changing the curriculum?
Level: adelantado
The Project of Pluralism
Understanding the financial crisis from four very different economic theories: Social Economics, Institutional Economics, Post Keynesian economics.
Level: debutante
Economics from a pluralist perspective
The article pursues the two related questions of how economists pretend to know and why they want to know at all. It is argued that both the economic form of knowledge and the motivation of knowing have undergone a fundamental change during the course of the 20th century. The knowledge of important contemporary economic textbooks has little in common with an objective, decidedly scientifically motivated knowledge. Rather, their contents and forms follow a productive end, aiming at the subjectivity of their readers.
2019
Level: debutante
An essay on the putative knowledge of textbook economics
What the heck is the yield curve? And why is it considered a powerful predictor of economic crisis? Here you'll get to know.
2015
Level: debutante
Killik Explains: Fixed Income Basics - the yield curve
What constitutes the dominance of the US dollar, what it provides for the US and the rest of the world, why it is constantly questioned, and what the future might hold for the dollar
2025
Level: debutante
How the International Reserve Currency System Works – and Whether the End of Dollar Hegemony is Imminent
The idea of a Green New Deal was launched into popular consciousness by US Congressperson Alexandria Ocasio-Cortez in 2018. Evocative of the far-reaching ambitions of its namesake, it has become a watchword in the current era of global climate crisis. But its new ubiquity brings ambiguity: what - and for whom - is the Green New Deal?
2021
Level: debutante
A People's Green New Deal
What influence do changes in tax policy or state decisions on expenditure have on economic growth? For decades, this question has been controversially debated.
2020
Level: adelantado
What is the fiscal multiplier and why is it so controversial?
This chapter discusses the role of gender in economic relations, processes, and outcomes. Gender differences in economic outcomes such as labor force participation and wages have received growing attention from economists in the last several decades – a positive and much needed development in economic thinking.
2016
Level: debutante
Illuminating the role of gender in the economy
The Philosophy of Economics Foundational Text provides a systematic and well-structured overview over the field of philosophy of economics.
2023
Level: debutante
Philosophy of Economics
"Leveraged" provides an authoritative guide to the new economics of our crisis-filled century with a focus on financial crises and financial economics.
2022
Level: perito
Leveraged
Aim of this intensive workshop is 1.) to introduce the participants to the macroeconomic workings of the climate crisis as the background of sustainable finance; 2.) to introduce financial assets with ESG (Environmental, Social and Governance) criteria attached to them and their markets and important institutional players; 3.) to provide a critical perspective on the current setup of sustainable finance; 4.) and to work on in-depth case studies illustrating the workings on ESG-finance markets, its emitters and traders as well as their macroeconomic implications.
2022
Level: debutante
Sustainable Finance – Hoax or necessity. A global perspective

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