Positive Money

Auf dieser interaktiven Webseite werden die Hintergründe und Ursachen der Finanz- und Wirtschaftskrise präsentiert.

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.

To celebrate the forthcoming book, "A brief history of Economic Thought: From the Mercantilists to the Post-Keynesians", edited by Louis-Philippe Rochon and Hassan Bougrine (Edward Elgar), Louis-Philippe Rochon sat down with celebrated author and scholar Sergio Rossi to discuss his contribution "Milton Friedman and the Monetarist School".

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.