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Financialization is one of the most innovative concepts to emerge in the field of political economy during the last three decades, although there is no agreement on what exactly it is. Profiting Without Producing by Costas Lapavitsas puts forth a distinctive view defining financialization in terms of the fundamental conduct of non-financial enterprises, banks and households.
2014
Level: adelantado
Profiting Without Producing
"Heterodox economics can provide a more complete and robust explanation of economic realities than orthodox (or mainstream) economics. Contemporary Issues in Heterodox Economics: Implications for Theory and Policy Action argues that this greater explanatory power gives heterodox economics the ability to illuminate appropriate policy for the major crises of our time, as well as proffer the basis for a more rounded, pluralist approach to economic theory.
2020
Level: debutante
Contemporary Issues in Heterodox Economics
Covering Institutionalist, Post-Keynesian, Marxist, and Feminist perspectives, Heterodox Economics of Military Spending provides a comprehensive analysis of the effect of military expenditures on the economy.The impact of military spending on economic growth has always been a crucial issue for policymakers and academics. There exists an extensive body of literature on how military spending affects macroeconomic variables, including but not limited to economic growth, profit rates, income inequality, gender inequality, and employment.
2025
Level: adelantado
Heterodox Economics of Military Spending
Mounting evidence suggests a lot of published research is false. Check out Audible: http://bit.ly/AudibleVe Support Veritasium on Patreon: http://bit.ly/VePa...
Level: debutante
Is Most Published Research Wrong?
This dossier gives an overview of the functions and the nature of money. The concept of Islamic finance is briefly explored, too.
2015
Level: debutante
The Nature of Money
Galbraith gives an overview of economic history from the 18th century until the end of the 19th century covering issues such as the industrial revolution the enclosure of the Scottish highlands the Irish famine and the colonization of North America Additionally the ideas of economists such as Smith Ricardo Malthus …
Level: debutante
The Age of Uncertainty Episode 1 - The Prophets and Promise of Classical Capitalism
El "vivir bien" y el "buen vivir" son formas de rescatar una nueva aportación del desarrollo, y se presentan justo como una alternativa al pensamiento hegemónico. Ana Esther Ceceña, en el capítulo primero, parte de cómo se organiza lo económico, Alba Carosio, en el capítulo segundo, establece el enfoque de asegurar la calidad de vida de las personas; mientras que Antonio Palazuelos pone énfasis en el Plan Nacional de Desarrollo para el Buen Vivir centrándose en tres factores importantes: la economía popular y solidaria, la seguridad alimentaria y los grupos vulnerables. Silvia Berger evalúa las implicaciones de haber adoptado en el feminismo latinoamericano las líneas generales del movimiento feministas mundial. Por su parte, Jaqueline Butcher explica el tercer sector en México y su relación con el desarrollo económico y social del país. En el capítulo sexto, Rodolfo García Zamora y Monsterrat García muestran cómo las organizaciones de migrantes mexicanos han financiado obras de infraestructura básica en sus comunidades de origen. El libro finaliza con el capítulo siete, a cargo de Ana María Aragonés y Uberto Salgado, quienes se centran en un análisis comparativo del impacto que tienen la migración de trabajadores altamente calificados y las remesas sobre el desarrollo de seis países.
2014
Level: adelantado
Del “vivir bien” al “buen vivir
How can we get people to save more money eat healthy foods engage in healthy behaviors and make better choices in general There has been a lot written about the fact that human beings do not process information and make decisions in an optimal fashion This course builds on much …
Level: debutante
Behavioral Economics in Action
Information and skills required to make more sustainable choices every day.
Level: debutante
Sustainability in Everyday Life
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: adelantado
Post Keynesian Stock-Flow consistent Modelling
How the brain works, how we learn, and why we sometimes make stupid mistakes.
Level: debutante
The Science of Thinking
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
Macroeconomics is fundamental to our understanding of how the world functions today. But too often our understanding is based on orthodox, dogmatic analysis.
2016
Level: debutante
Macroeconomics - A Critical Companion
Gender, Development, and Globalization is the leading primer on global feminist economics and development. Lourdes Benería, a pioneer in the field of feminist economics, is joined in this second edition by Gunseli Berik and Maria Floro to update the text to reflect the major theoretical, empirical, and methodological contributions and global developments in the last decade.
2015
Level: adelantado
Gender, Development, and Globalization
This essay suggests to bring together two aspects of economic thought which so far have developed largely separately: degrowth and feminist economics. In this strive, the concept of care work and its role in feminist economics will be introduced and the downsides of the commodification of care work will be discussed. Subsequently, contributions to the discussion on the (re)valuation of care work will be taken into account.
2017
Level: debutante
Who cares? A convergence of feminist economics and degrowth
Representing everyone An Analysis of the Representation of Migrant Women by official Labour Organizations in Germany Author Tess Herrmann Review Deborah Sielert This is an essay of the writing workshop Gender and the Economy Perspektives of Feminist Economics published on 17 May 2017 updated on 16 August 2017 Why we …
2017
Level: debutante
Representing everyone – Migrant Women's Representation by Labour Organizations in Germany
This essay draws on several analyses on the gender impact of the recession and of austerity policies, in which authors acknowledge a threat to women’s labour market integration and a potential backlash to traditional gender labour structures. We contribute to that literature by asking whether recession and austerity convey a gender effect on educational attainment. Our aim in this essay is to portray the likely effects of austerity measures on gender equality with a focus on women’s participation in tertiary education and to hypothesize the implications of these scenarios for labour market effects, to be tested in future empirical research.
2017
Level: debutante
The impact of Austerity on Gender in Tertiary Education: A Theoretical Analysis
Philosopher and political economist John Stuart Mill laid several foundations for liberal thinking, amongst others with the harm principle: everyone should be given the individual freedom - and not be hindered by e.g. state intervention - to act as s/he wants as long as no other person is harmed by this action. A short insight in his book On Liberty.
2014
Level: debutante
The Harm Principle: How to live your life the way you want to
Draw me the economy gives a short introduction in the measurement of the Gross Domestic Product and Purchasing Power Parity and comments on what needs to be taken into consideration when comparing countries and mentions some shortcomings of GDP as criterion of wealth.
2016
Level: debutante
What is gross domestic product?
The historical situation of low interest rates after the Fed's response to the 2001 crisis alongside with huge foreign money inflow to the US are presented as the historical context in which subprime lending and financial instruments like CDOs and CDS evolved. Then those instruments as well as the concept of leverage are explained briefly.
2009
Level: debutante
The Crisis of Credit Visualized
What is the working class under present circumstances and in particular in urban lives? David Harvey explains how the concept of the working class is still suitable for the current organization of work – even if working conditions changed, now being more service-oriented and diffused. Harvey further discusses how this diffused working class can organize via urban neighbourhoods.
2015
Level: debutante
The Revolutionary Class Today
In the second video of the series Investigating International Finance, an alternative view on capital controls is given contrasting with the paradigm of classical trade theory which suggests that the removal of trade and capital barriers is associated with higher market efficiency. After explaining the conceptual mechanisms underlying capital controls, examples are introduced where countries actually apply capital controls and how these controls have been associated with a lesser exposure to international financial crises spillovers.
2011
Level: debutante
Tax Havens - Investigating International Finance
How has financialisation changed saving What are its implications on a macro economic level and from a welfare state perspective Craig Berry I PEEL
2017
Level: debutante
Saving
This article reviews insights of existing literature on global care chains. A specific focus is laid on the impact that the refugee crisis has on global care chains and in turn how the crisis impacts the de-skilling of the women in the migrant workforce.
2017
Level: debutante
Global care chains, refugee crisis, and deskilling of workers
an interactive guide to the game theory of why & how we trust each other
2017
Level: debutante
The Evolution of Trust
This article explores if power dynamics in the household can be changed, and if so, how. In this context the focus is laid on government childcare policy and its various channels of possible influence.
Level: debutante
How can childcare policy affect intra-household power dynamics?
The Canadian author and journalist Richard Swift takes the listener on a journey to different degrowth projects. During the visits concepts of the degrowth movement are explained and practical examples are highlighted. In the elaborate programme different actors of the international degrowth movement get to speak (e.g. Joan Martinez Alier, Federico Demaria).
2013
Level: debutante
The Degrowth Paradigm
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
What is money and how does it work? The short film reveals common misunderstandings of where money comes from, explains how money is created by banks and presents consequences of money as credit. The video is part of the campaign positive money, promoting the democratic control over money creation.
2013
Level: debutante
What is money?
Banking 101 is a series of 6 short videos that ask the following questions: How do banks work and how is money created? Is reveals common misunderstandings of money creation and the role of banks. Furthermore, the videos show how models taught in many introductory classes to economics (Econ 101) do not reflect those processes: Part 1) “Misconceptions around Banking” questions common comprehensions of how banks work (savings = investments). Part 2) “What's wrong with the money multiplier” states that the model of the money multiplies is inaccurate. Part 3) “How is money really made by banks” explains the process of money creation, loans and inter-bank settlement. Part 4) “How much money banks create?” asks what limits the money creation by banks and presents the difference between reserve ratio, liquidity ration, equity and refers to the inter-bank market. Part 5) Explores the question if banks create money or just credit and especially refers to credit risks. Part 6) Explains how money gets destroyed when loans are paid back. Note: The videos refer to the UK monetary and banking system, some explanations don't apply to other banking systems, e.g. the reserve ratio.
2012
Level: debutante
How money gets destroyed - Banking 101 (Part 6 of 6)
In this essay, the principle of capital accumulation, as well as the idea of homo economicus as the basis of the growth model, are located and analyzed from a feminist perspective. The sufficiency approach is presented as an alternative to these two economic logics.
2018
Level: debutante
Enough! The Sufficiency Approach and the Limits of Economic Growth
This essay deals with the concepts of Sustainable Land Management (SLM) and Land Degradation Neutrality (LDN).
2018
Level: debutante
The importance of a Land Degradation Neutrality approach to achieving Sustainable Land Management

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