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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
Complexity economics and institutional economics are complementary approaches to studying the economy. They can pool their methods and foundational theories to explain the mechanisms that underlie economies.
The complimentary relationship between institutional and complexity economics
Why did inflation lift of in 2022? Are there differences between the US and the Eurozone and if so, what are they?
The Inflation Surge of 2021-22: Scarcity of Goods and Commodities, Strong Labor Markets and Anchored Infl ation Expectations
This syllabus opens a literary overview of must-read papers in the field of development economics.
Development Economics
This syllabus provides an overview of the content of the Philosophy and Economics course at the University of Waterloo.
Philosophy and Economics
This syllabus provides an overview of the contents of the course "The Philosophy and Methodology of Economics" at the Duke University
The Philosophy and Methodology of Economics
This is a good introduction to Austrian Economics for laypeople. It slowly develops the school's core principles from the thinking of its founders, all the way to key thinkers to integrate both macro and microeconomics into one coherent whole.
Masters Of Austrian Economics
The present working paper is dedicated to fill a void in the degrowth literature related to the aspect of planning to achieve post-growth models of societies. The authors propose a new framework that focuses on non-market forms of planning and propose multi-level planning institutions to mediate the local level with society-wide and global institutions.
Planning beyond growth. The case for economic democracy within limits
Crises are a key part of the history of the global economy. This lesson by Economy Studies introduces students to the crisis management theories of John Maynard Keyens by presenting them in the historical context of the Great Depression, the Post-War increase in the state in managing the economy, and the Energy Crisis of the 1970s.
How to get away with a crisis? - Economy Studies
This lecture by Economy Studies lays out the foundations and current state of the ecological crisis, its main drivers and who is responsible for this. It is crucial for students to develop a deeper understanding of the problem they are likely to encounter in their future careers, before getting into various economic policies or solutions to this pressing issue.
Economic Introduction to the Ecological Crisis - Economy Studies
The world is still feeling reverberations from the financial crisis of 2008 foreseen by neither politicians nor economists The history of capitalism has been punctuated by major crises exposing the fragility of our entire economic system How has capitalism despite these ruptures managed to each time resurface more resilient and …
The Global Financial Crisis
The course approaches migration as a constant phenomenon in human history and examines its main supporting theories It illustrates theories about people s individual decisions to migrate and also the factors of migration as a structural feature of our societies It explains the role social networks and institutions play in …
Why Do People Migrate? Part 2: Theories
This course will focus on the emergence and evolution of industrial societies around the world We will begin by comparing the legacies of industry in ancient and early modern Europe and Asia and examining the agricultural and commercial advances that laid the groundwork for the Industrial Revolution of the 18th …
Global Perspectives on Industrialization
Why are income inequalities so large and why do they continue to increase in so many countries? What role can minimum wages play in reducing social and economic inequalities? What is a good system of wage bargaining? What constitutes a fair wage?
Fair Wage Strategies in a Global Economy
In his 2010 published book “The Enigma of Capital and the Crises of Capitalism” multi-talented US geographer, anthropologist and Marxist economist David Harvey aims to analyse the capitalist system that has shaped western society and the globalized world of today.
The Enigma of Capital
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
'Impressive... provides a very good compendium of what are usually classified as "heterodox" development economics... an excellent volume.' Journal of International Development This important new collection tackles the failure of neoliberal reform to generate longterm growth and reduce poverty in many developing and transition economies.
Rethinking Development Economics
The world of economics is changing. Years of turmoil in the global economy mean that nothing will ever be quite the same again. This is the starting point and theme of this radically revised Economist books classic.
The Economist: Economics 4th edition
This brief views the environment through diverse lenses – those of standard economics, institutional economics, political science, environmental science and ecology.
The Environment in Economics and Development
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
This Companion takes stock of the trajectory, achievements, shortcomings and prospects of Marxist political economy. It reflects the contributors' shared commitment to bringing the methods, theories and concepts of Marx himself to bear across a wide range of topics and perspectives, and it provides a testimony to the continuing purpose and vitality of Marxist political economy.
The Elgar Companion to Marxist Economics
Following an unprecedented economic boom fed by foreign investment, the Russian Revolution triggered the worst sovereign default in history. Bankers and Bolsheviks tells the dramatic story of this boom and bust, chronicling the forgotten experiences of leading financiers of the age.
Bankers and Bolsheviks
Modern Monetary Theory and Practice: An Introductory Text is an introductory textbook for university-level macroeconomics students. It is based on the principles of Modern Monetary Theory (MMT).
Modern Monetary Theory and Practice: an Introductory Text
In this refreshingly revisionist history, Erik Reinert shows how rich countries developed through a combination of government intervention, protectionism, and strategic investment, rather than through free trade.
How Rich Countries Got Rich ... and Why Poor Countries Stay Poor
More than a century after Hartley Withers's "The Meaning of Money" and 80 years after Keynes's "Treatise on Money", the fundamentals of how banks create money still needs explaining and this book meets that need with clear exposition and expert marshalling of the relevant facts.
Where Does Money Come From?
Pollution, lobbying, détérioration de la santé des travailleurs, licenciements, les entreprises privées déchargent un grand nombre de coûts générés par leur activité sur la société. Comment les estimer ? Que faire ? Un excellent regard de l'économiste Karl William Kapp.
Les Coûts sociaux de l’entreprise privée
This book analyzes the transition of chocolate from an exotic curiosity to an Atlantic commodity. It shows how local, inter-regional, and Atlantic markets interacted with one another and with imperial political economies. It explains how these interactions, intertwined with the resilience of local artisanal production, promoted the partial democratization of chocolate consumption as well as economic growth.
Empire, Political Economy, and the Diffusion of Chocolate in the Atlantic World
After long-time negligence, the Global South and the North-South divide are back on the agenda of development economics again. This book is a neat, accessible introduction into the topic, covering both the current situation and potential remedies from different points of view.
Readings in the Theory of Economic Development
In this book, Blakely tells us a story of the class nature of capitalism, in which she centers the role of the financial sector and its rapid growth.
Stolen
Racism and discrimination have choked economic opportunity for African Americans at nearly every turn. In From Here to Equality, William Darity Jr. and A. Kirsten Mullen confront these injustices head-on and make the most comprehensive case to date for economic reparations for U.S. descendants of slavery.
From Here to Equality
Within the heterodox field one of the most active topics is related to the theory of economic growth and distribution This is a textbook for advance undergraduate and graduate students Throughout its 18 chapters Classical Neoclassical and post Keynesian models are developed Each chapter contains study problems and suggested readings …
Growth and Distribution
This is an important contribution both to advancing theoretical and empirical understandings of African monetary sovereignty and to putting problems and possibilities relating to African monetary sovereignty on the political agenda This is of utmost importance given that these issues have largely not received much attention in contemporary discussions of …
Economic and Monetary Sovereignty in 21st Century Africa
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