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Professor Joseph Aldy from Harvard Kennedy School gives us some insights about how economics can set the balance between policymakers, scientists, employers and citizens.
Can Economics save the Environment?
The COVID-19 pandemic has had far-reaching implications across the African continent. This discussion brings to light the role of African think tanks, such as the African Center for Economic Transformation (ACET) in rethinking the continent’s development models, especially, in light of the unprecedented crisis.
Growth with 'DEPTH' should guide economic transformation in Africa
The documentary features a talk of the US-American writer and economic theorist Jeremy Rifkin summarising the main points of his 2011 book "The Third Industrial Revolution."
The Third Industrial Revolution: A Radical New Sharing Economy
Exploring Economics, an open-source e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
Karl Marx: An early post-Keynesian?
This article examines the spread of financialization in Germany before the financial crisis. It provides an up-to date overview on the literature on financialization and reviews which of the phenomena typically associated with financialization have emerged in Germany. In particular, the article aims to clarify how the prevailing institutional structure and its changes had contributed to or had countervailed the spread of financialization and how it had shaped the specific German variant of financialization. For this end, it combines the rich literature on Germany's institutional structure with the more macroeconomic oriented literature on financializaton. With the combination of those different perspectives the article sheds light on the reasons for the spread of financialization and the specific forms it has taken in Germany.
Financialization made in Germany: A review
Pluralism includes mainstream economics. Our campaign for pluralism, including this series, have generally focused on ideas outside the mainstream on the basis that it gets plenty of attention already so we want to spend our time exposing people to alternatives. Nevertheless, mainstream ideas deserve some attention. On top of this, a curious feature of modern economics education is that some of the best ideas from mainstream economics are not even taught to undergraduates! During this series I will explore such ideas, starting today with the market construction technique known as ‘matching’.
It's a match!
This paper attempts to clarify how the European economic crisis from 2007 onwards can be understood from the perspective of a Marxian monetary theory of value that emphasizes intrinsic, structural flaws regarding capitalist reproduction. Chapter two provides an empirical description of the European economic crisis, which to some extent already reflects the structural theoretical framework presented in chapter three. Regarding the theoretical framework Michael Heinrich's interpretation of 'the' Marxian monetary theory of value will be presented. Heinrich identifies connections between production and realization, between profit and interest rate as well as between industrial and fictitious capital, which represent contradictory tendencies for which capitalism does not have simple balancing processes. In the context of a discussion of 'structural logical aspects' of Marx's Critique of the Political Economy, explanatory deficits of Heinrich's approach are analyzed. In the following, it is argued that Fred Moseley's view of these 'structural logical aspects' allows empirical 'applications' of Marxian monetary theories of value. It is concluded that a Marxian monetary theory of value, with the characteristics of expansive capital accumulation and its limitations, facilitates a structural analysis of the European economic crisis from 2007 onwards. In this line of argument, expansive production patterns are expressed, among other things, in global restructuring processes, while consumption limitations are mitigated by expansive financial markets and shifts in ex-port destinations.
The European economic crisis from 2007 onwards in the context of a global crisis of over-production of capital - a Marxian monetary theory of value interpretation
This study aims to provide insights on how the Social and Solidarity Economy (SSE) is contributing to the future of work.
The Contribution of the Social and Solidarity Economy and Social Finance to the Future of Work
The article compares market fundamentalism and right-wing populism on the basis of its core patterns of thinking and reasoning. Based on an analysis of important texts in both fields we find many similarities of these two concepts in their "inner images". Thus, we develop a scheme of the similar dual social worlds of right-wing-populism and market fundamentalism and offer some recent examples of market fundamentalism and right-wing populism mutually reinforcing each other or serving as a gateway for each other. We then apply our scheme for the analysis of the recent political developments and its ideological roots in the US under Donald Trump.
Right-wing populism and market-fundamentalism: Two mutually reinforcing threats to democracy in the 21st century
Nicolas Da Silva explore ici l histoire du système de santé français et de la protection sociale Depuis ses origines jusqu au développement moderne de ce que l auteur nomme capitalisme sanitaire l auteur met en lumière la nature historique et conflictuelle du système français produit de luttes sociales qui …
Le système de santé malade du Covid-19 ou du capital ?
Exploring Economics, an open-source e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
Development of heterodox economics at public German universities since the 1970s
Exploring Economics, an open-source e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
Reclaiming the university: Transforming economics as a discipline
Could the Brazilian measures of income support carried out during 2020 be considered one way towards UBI? This questions is broadly addressed in the video.
Brazil and Basic Income & Covid
A detailed introduction into dependency theory that rethinks its relevance to modern development challenges.
Dependency Theory and Uneven Development
This paper posts a heretical question: Is economics a science after all? The answer to this question impinges on the methodology, hypotheses and results of economic research.
Is economics a science?
Dans cette intervention Stefano Palombarini présente son ouvrage co écrit avec Bruno Amable et publié en 2017 L illusion du bloc bourgeois Alliances sociales et avenir du modèle français Il revient dans un premier temps sur le concept de bloc social et de bloc social dominant puis présente les résultats …
Stefano Palombarini : l'illusion du bloc bourgeois (séminaire Cournot)
Exploring Economics, an open-access e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
Socialist alternatives to capitalism II: Vienna to Santa Fe
Central banking is anything but clear-cut. As this webinar with Benjamin Braun demonstrates, the standard view of central banks as independent public entities that govern financial markets and "print" money is at least partially misleading.
Central banking, Finance and Power
Teaching and learning ontology and epistemology. Onto-what? Bates & Jenkins explain what is needed to equip students with the ability to critically reflect on learned content and understand meta-discussions in their field.
Teaching and Learning Ontology and Epistemology in Political Science
“Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses1.” This is how Lionel Robbins came to define economics in the early 1930s and there is a good chance that many of you heard a variant of this definition in your first Economics 101 lecture.
What is “Economics”?
This is an introductory level core course in macroeconomics for those expecting to take further courses in economics. It provides a theoretical and applied approach of introductory macroeconomics, with an international perspective and applications to account for the growing importance of the global economy and the rising openness of economies.
Introduction to Macroeconomics
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S inscrivant dans la longue lignée des contributions aux alternatives aux PIB les deux auteurs nous proposent ici une réflexion en 2 moments Dans un premier temps Blanchet et Fleurbaey rappellent à très juste titre ce qu est le PIB mais surtout ce qu il n est pas ne tombant …
De quoi le PIB est la mesure et comment le dépasser
This blogpost discusses the bias the Economics discipline has towards Africa. It points out how important conferences on issues regarding Africa take place in Western countries at the expense of those based in Africa.
Economics has an Africa Problem
La coïncidence entre la rémunération du facteur et son produit marginal est une pièce majeure du paradigme néoclassique L article commence par un bref rappel historique de ce principe Suit un questionnement sur la pertinence de ladite loi en tant qu argument dans les débats sociaux le produit marginal représente …
Sommes-nous rémunérés selon la productivité marginale ?
Depuis 30 ans l idée d une vertu autorégulatrice des marchés guide l action publique Les pays avancés n ont eu de cesse de démonter les barrières les rigidités qui biaisent les arbitrages privés au plan micro économique n octroyant aux États qu une fonction correctrice subsidiaire Avec l idée …
Le silence assourdissant des économistes face au basculement du monde par Olivier Passet
A remarkable and insightful tribute into the works of late Malawian development economist, Professor Thandika Mkandawire. Must read for anyone looking to broaden their scope of understanding development as it relates to the African continent.
Thandika Mkandawire - A Giant of African Economic Development
Dans cette intervention faîte pour Exploring Economics Constance André Aigret et Thibault Guicherd proposent une présentation de l Histoire de la Pensée Économique HPE notamment en discutant de ses dimensions historiographiques et épistémologiques Constance André Aigret et Thibault Guicherd Exploring Economics
Intervention sur l’histoire de la pensée économique par Thibault Guicherd et Constance André-Aigret pour Exploring Economics
"La crise sanitaire s’est soldée par une mise à l’arrêt de l’économie et une explosion des déficits publics. Le débat économique fait rage sur la gestion à adopter de cette dette Covid mais, pour en discuter, encore faut-il poser le bon diagnostic : quel est l’effet d’un déficit public ? Sont-ils tous utiles ? Comment sont-ils financés ? Ce petit récap propose quelques bases de macroéconomie à ceux qui souhaitent s’emparer de ces questions hautement politiques."
Petit récap macro par temps de crise pour ne pas se faire enfumer
Institution largement méconnue du grand public la Banque des Règlements Internationaux BRI n en est pas moins un organe central de la réflexion économique Dans cet essai Henri Lepage confronte la thèse de la Stagnation Séculaire chère à Larry Summers et aux économistes néo keynésiens plus largement aux travaux de …
BRI versus Summers
This panel was part of the conference "Next Generation Gentral Banking - Climate Change, Inequality, Financial Instability" 03. - 05.02.2021.
NextGen Central Banking: Central Banking Beyond Inflation
Central banks have once again proven to be the first line of defense in crisis-ridden times. With their far reaching actions they prevented the world from experiencing a collapse of financial markets on top of the severe health and economic crisis caused by Covid-19.
NextGen Central Banking: Central Banking and Climate change - A new era of monetary financing?
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