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This innovative book offers targeted strategies for effectively and efficiently teaching economics at both undergraduate and postgraduate levels. It provides professors and other teachers of economics various techniques to engage and retain the interest of students, and challenges them to apply both knowledge and methodological tools to a range of economic problems.
New Developments in Economic Education
More Heat Than Light is a history of how physics has drawn some inspiration from economics and also how economics has sought to emulate physics, especially with regard to the theory of value. It traces the development of the energy concept in Western physics and its subsequent effect upon the invention and promulgation of neoclassical economics.
More Heat Than Light
Wealth inequality between Black and white people in the US barely has changed in the last 150 years. In her book "The Color of Money. Black Banks and the Racial Wealth Gap" Mehrsa Baradaran, analyzes why also Black banks have not successfully changed this and not enabled Black wealth on a broader scale.
The Color of Money
Adam Smith's The Wealth of Nations provided the first, most influential and lasting explanation of the workings of modern economics. But with his focus on "the market" as the best mechanism for producing and distributing the necessities of life, Smith's concepts only told part of the story, leading to flawed economic models that devalue activities that fall outside of the market's parameters of buying and selling.
The Real Wealth of Nations
In this book, distinguished economist Edith Kuiper shows us that the history of economic thought is just that, a his-story, by telling the herstory of economic thought from the perspective of women economic writers and economists. Although some of these women were well known in their time, they were excluded from most of academic economics, and, over the past centuries, their work has been neglected, forgotten, and thus become invisible.
A Herstory of Economics
This essay argues that our dominant economic narrative—rooted in private property, competition, growth for growth’s sake, and the assumption that self-interest drives progress—has led humanity and the planet into an existential crisis.
Economics for the People
Leigh Phillips and Michal Rozworski examine the apparent contradiction between the demise of real-existing socialism and the rise of large corporations engaging in planning every day, making a strong argument that these planning efforts should be transformed to now fulfil the needs of the people.
The People's Republic of Walmart
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.
Austerity
Florian Kern replies to Zoltan Pozsar's analysis about the effects of the war in Ukraine on the global financial order and refutes the latter's prognosis of the demise of the US dollar as the world's reserve currency
Why the war in Ukraine does not jeopardise the dollar's reserve currency status
Asset Management firms control large parts of the global economy Just the three American asset management firms BlackRock Vanguard and State Street manage more than half of the combined value of all shares for companies in the S P 500 Their combined managed assets amount to 22 trillion May 2022 …
Asset Manager Capitalism
This course offered by the International Monetary Fund (IMF) on edX provides an introduction in the major econometric tools used in standard Macroeconomics.
Macroeconometric Forecasting
Why is money more valuable than the paper on which it is printed Monetarists link the value of money to its supply and demand believing the latter depends on the total value of the commodities it circulates According to Prabhat Patnaik this logic is flawed In his view in any …
The Value of Money
This edited volume presents a collection of articles that engage with various concepts from Marx’s Capital and Marxian theory in general, from a ‘Southern’ perspective. The book engages with four specific themes: “Reception of Capital in the East; Value, Commodity, Surplus Value and Capitalism; Population and Rent in Capital; and Issues Beyond Capital”.
‘Capital’ in the East
The 2022 FIFA World Cup (including the construction work required for it) provides a clear example of economic activity that has taken place despite the financial costs to the Qatari state being an order of magnitude larger than the financial benefits it will receive. Whilst this is a fairly extreme case in terms of how many different costs and benefits are involved and how unequally they have been spread, many economic decisions are more complicated than mere financial calculations and it is therefore vital for students to be able to think about multiple dimensions involved in economic decisions.
The Economics of a World Cup in Qatar
This book is an authoritative and accessible guide to the pluralist movement threatening to revolutionise mainstream economics. Leading figures in the field explain why pluralism is a required virtue in economics, how it came to be blocked and what it means for the way we think about, research and teach economics.
Pluralist Economics
How did Britain's economy become a bastion of inequality? In this landmark book, the author of The New Enclosure provides a forensic examination and sweeping critique of early-twenty-first-century capitalism. Brett Christophers styles this as 'rentier capitalism', in which ownership of key types of scarce assets--such as land, intellectual property, natural resources, or digital platforms--is all-important and dominated by a few unfathomably wealthy companies and individuals: rentiers.
Rentier Capitalism
The concern of this book is how to model time series statistically and there is emphasized the practical, applied aspects of statistical time series modeling. The author aims to provide methods that may be used to understand and analyze time series that accur in the “real world” that researchers face.
Applied Time Series Analysis
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
This report to the DEFRA summarizes the main approaches, opportunities and difficulties that come with individual carbon trading.
A Rough Guide To Individual Carbon Trading
In Colonial Debts Rocío Zambrana develops the concept of neoliberal coloniality in light of Puerto Rico's debt crisis. Drawing on decolonial thought and praxis, Zambrana shows how debt functions as an apparatus of predation that transforms how neoliberalism operates.
Colonial Debts
Designed for a single-semester undergraduate course, this introductory economics textbook updates traditional macroeconomics to encompass twenty-first century concerns. In contrast to standard texts, the book starts with the question of human well-being, and then examines how economic activities can contribute to or detract from it.
Macroeconomics in Context
In the book 'Decolonizing Economics: An Introduction' Dutt, Alves, Kesar, and Kvangraven uncover the deeply Eurocentric foundations that shape how economists study the world today.
Decolonizing Economics
This book provides a comprehensive description of this intriguing new area of feminist economics. It includes discussion of what constitutes feminist economics and how feminist economics is different from other approaches
Advanced Introduction to Feminist Economics
A previously unpublished collection of Rodney's essays on Marxism, spanning his engagement with of Black Power, Ujamaa Villages, and the everyday people who put an end to a colonial era
Decolonial Marxism
This book arose from our conviction that the NNS-DSGE approach to the analysis of aggregate market outcomes is fundamentally flawed. The practice of overcoming the SMD result by recurring to a fictitious RA leads to insurmountable methodological problems and lies at the root of DSGE models’ failure to satisfactorily explain real world features.
Macroeconomics from the Bottom-up
The Microeconomics of Complex Economies uses game theory, modeling approaches, formal techniques, and computer simulations to teach useful, accessible approaches to real modern economies.
The Microeconomics of Complex Economies
Why is it that some countries become rich while others remain poor? Do markets require regulation to function efficiently? If markets offer an efficient way of exchanging goods, why do individuals even create firms?
Institutional Economics - An Introduction
Making sense of economists and their world in a persuasive and entertaining style, Arjo Klamer, shows that economics is as much about how people interact as it is about the models, the mathematics, the econometrics, the theories and the ideas that come from the enormous aggregate of economics literature. Knowing and understanding economics requires both bookwork and mingling with other economists.
Speaking of Economics
One of the worlds leading economists of inequality, Branko Milanovic presents a bold new account of the dynamics that drive inequality on a global scale. Drawing on vast data sets and cutting-edge research, he explains the benign and malign forces that make inequality rise and fall within and among nations.
Global Inequality
Modern authors have identified a variety of striking economic patterns, most importantly those involving the distribution of incomes and profit rates. In recent times, the econophysics literature has demonstrated that bottom incomes follow an exponential distribution, top incomes follow a Pareto, profit rates display a tent-shaped distribution. This paper is concerned with the theory underlying various explanations of these phenomena. Traditional econophysics relies on energy-conserving “particle collision” models in which simulation is often used to derive a stationary distribution. Those in the Jaynesian tradition rely on entropy maximization, subject to certain constraints, to infer the final distribution. This paper argues that economic phenomena should be derived as results of explicit economic processes. For instance, the entry and exit process motivated by supply decisions of firms underlies the drift-diffusion form of wage, interest and profit rates arbitrage. These processes give rise to stationary distributions that turn out to be also entropy maximizing. In arbitrage approach, entropy maximization is a result. In the Jaynesian approaches, entropy maximization is the means.
The Econ in Econophysics
This is an online panel and discussion on the ongoing and potential gendered impacts of COVID-19 organized by the International Association of Feminist Economics (IAFFE).
Feminist Economics Perspectives on COVID-19
This book is a collection of articles on topics and individuals within the history of heterodox economic thought, approached from a heterodox perspective. The principal topics are the nature and scope of economics as an intellectual venture.
Essays in the History of Heterodox Political Economy
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