In the interview, Robert Skidelsky discusses the emergence of political influence of a certain school of economic thought and how the success of an economic theory depends on the power relations in the society. He introduces the historical example of Keynesian economics and its replacement by liberal economic theory and policy in the aftermath of the Great Depression, and transfers this historical case to the dominant paradigm of austerity policies in the Europe as response to rising public debts caused by the Financial Crisis. He contrasts austerity policies with a Keynesian approach. Furthermore, he relates the targets of policy to the underlying power structures, for example when not the reduction of unemployment but the protection of financial capital is politically addressed. 2015 Level: mittel Economics and Political Power during the Crisis Robert Skidelsky INET In seinem Vortrag erläutert Helge Peukert wie die neoklassische Denkschule und Wirtschaftspolitik zu der internationalen Finanz- und Schuldenkrise der letzten Jahre geführt hat. Hierbei übt Peukert besonders Kritik am bestehenden Banken - und Finanzsystem. Er zeigt auf welche Gefahren und Antriebsfaktoren solch ein System bergen kann. 2015 Level: mittel Die Finanz- und Staatsschuldenkrise Helge Peukert Netzwerk Plurale Ökonomik Ungleichheit ist ein zentrales politisches und ökonomisches Thema unserer Zeit. 2019 Level: leicht Ungleichheit – was nun? Einkommens- und Vermögensverteilung, und ihre wirtschaftspolitische Beeinflussung Prof. Dr. Miriam Rehm Plurale Ökonomik Jena Im Zuge der Herausbildung der Finanzmärkte und unter dem Eindruck der Finanzkrise ist unter dem Label „Performativität der Ökonomik“ ein weiterer Diskussionsstrang entstanden: 2018 Level: mittel Performativität in der Marktökonomie. Worum sorgen sich Ökonom*innen? PD Dr. Katrin Hirte Plurale Ökonomik Jena Eine Erklärung für das Auseinanderdriften zwischen Wortführern und Basis könnte immerhin darin liegen, dass es tatsächlich einen erhöhten Bedarf an neuen Antworten gibt – der an der Basis auch schon zu einer Art Aufbruch geführt hat, wie er in anderen Ländern zu beobachten ist. Nur dass dies in Deutschland nur sehr bedingt Ausdruck findet in den öffentlichen Debatten, in denen nach wie vor Institutionen und Vertreter des Fachs dominieren, die das Denken in den vergangenen Jahrzehnten des angebotsorientierten Paradigmas geprägt haben – ob im Sachverständigenrat, den Instituten oder der Bundesbank. Was wiederum erklären würde, warum trotz zunehmender Offenheit und Vielfalt der Eindruck im In- und Ausland fortbesteht, die deutsche Ökonomie sei anders als alle anderen auf der Welt. 2016 Level: leicht Wenn Wirtschaftsweise den Erkenntnisfortschritt bremsen Thomas Fricke Forschungsinstitut für gesellschaftliche Weiterentwicklung (FGW) How does fiscal policy work and which dimensions have to be considered? In this short text, you can learn about the difficulty of juggling different dimensions and which optimal rules exist at the micro and macro level. 2019 Level: leicht Why is fiscal policy so difficult?   Dezernat Zukunft Der Umbau zu einer nachhaltigen, CO2-armen und solidarischen Ökonomie erfordert besonders in der Transformationsphase massive Investitionen sowohl in Institutionen und Infrastrukturen, die ein sozial gerechtes Leben für alle ermöglichen (ökologische Landwirtschaft, dezentrale erneuerbare Energien, ökologisches Wohnen, kollektive Mobilität etc.) als auch in Projekte zur Anpassung an und Entschärfung von Klimawandel und ökologischen Zerstörungen sowie finanzielle Transfers vom globalen Norden in den globalen Süden, die aus der historisch angehäuften Klimaschuld folgen. 2020 Level: leicht Revolutionäre Realpolitik jenseits des Wachstums Matthias Schmelzer und Andrea Vetter Economists for Future Die scheinbare Eindeutigkeit der wirtschaftswissenschaftlichen Analyse von Maßnahmen gaukelt eine Berechenbarkeit vor, die nichts mit der Realität zu tun hat. Vielmehr braucht es gerade in der Klimapolitik einen Ansatz, der flexibel reagieren kann und gleichzeitig die Entwicklung neuer innovativer Lösungen befördert: das sogenannte agile Politikdesign. 2019 Level: leicht Warum wir eine agile Klimapolitik brauchen Jonathan Barth & Jakob Hafele Economists for Future Here we look at the effect of the 2008 Climate Change Act passed in Parliament in the United Kingdom as an effort to curb emissions in all sectors. The Act aside from setting goals to become a low-carbon economy sets up an independent committee on Climate Change to ensure the implementation of policies to comply with the ultimate goal of 80% reduction in total emissions in 2050. I make use of the Synthetic Control Method (SCM) to create a comparative case study in which the creation of a synthetic UK serves as a counterfactual where the treatment never occurred (Cunningham, 2018). 2020 Level: leicht Synthetic Control Method for Estimating the Effect of the Climate Change Act of 2008 in Britain Aaron Morales Shildrick Pluralist Economics Fellowship The novel coronavirus (Covid-19) is rapidly spreading around the world. The real economy is simultaneously hit by a supply shock and a demand shock by the spread of coronavirus. Such a twin shock is a rare phenomenon in recent economic history. 2020 Level: leicht How to Manage the Economic Fallout of the Coronavirus Kavaljit Singh Madhyam This is an overview of (possibly transformative) proposals to address the economic consequences of the corona crisis 2020 Level: leicht Overview of proposals to combat the economic consequences of the Corona crisis Hannes Böhm, Anne Löscher & Jorim Gerrard Exploring Economics The vast uncertainty surrounding the possible spread of COVID 19 and the duration of the near economic standstill required to combat it make forecasting little different from guessing Clearly this is a whatever it takes moment for large scale outside the box fiscal and monetary policies Carmen M Reinhart Project … 2020 Level: mittel This Time Truly Is Different | by Carmen M. Reinhart Carmen M. Reinhart Project Syndicate This Forum in the Boston Review deals with the role of economics in modern policymaking and presents a wide set of perspectives on the topic. The opening text by Suresh Naidu, Dani Rodrik and Gabriel Zucman aims to answer a range of common criticisms against the modern, neoclassical science of economics and its influence on public discussions. 2019 Level: leicht Economics After Neoliberalism Suresh Naidu, Dani Rodrik, Gabriel Zucman Boston Review In dieser vierteiligen Erklär-Artikelserie behandelt Sebastian Gerchert den Fiskalmultiplikator. Diese ökonomische Kennzahl wird seit langer Zeit kontrovers diskuttiert. 2020 Level: leicht Der Fiskalmultiplikator Sebastian Gerchert Dezernat Zukunft In this interview Mariana Mazzucato talks about economic actions governments need to take facing the Corona-crisis. Using the example of Britain, she argues that governmental bailouts need to be bound to commitment to sustainability. 2020 Level: leicht Mariana Mazzucato on New Economic Approaches RSA (Royal Society for the encouragement of Arts, Manufactures and Commerce), Mariana Mazzucato, Matthew Taylor Youtube In spite of the manifold critique about the state of economics in the aftermath of the financial crisis, an even increasing presence of economists and economic experts can be observed in the public sphere during the last years. On the one hand this reflects the still dominant position of economics in the social sciences as well as the sometimes ignorant attitude of economists towards findings of other social sciences. On the other hand this paper shows that the public debate on politico-economic issues among economists is dominated by a specific subgroup of economists, tightly connected to an institutional network of “German neoliberalism”. This group of “public economists” (i) is dominant in public debates even after the financial crisis, (ii) reproduces the formative German economic imaginary of the Social Market Economy in a German neoliberal interpretation and (iii) has a good access to German economic policymaking, rooted in a long history of economic policy advice. 2016 Level: mittel Still the queens of social sciences? (Post-)Crisis power balances of “public economists” in Germany Stephan Pühringer Institut für Ökonomie und Philosophie Cusanus Hochschule Exploring Economics, an open-source e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods. 2017 Level: mittel Wirtschaftspolitischer Diskurs ohne Alternativen: Zur Notwendigkeit einer pluralen Ökonomik Arne Heise Zentrum für Ökonomische und Soziologische Studien, Universität Hamburg The course will teach students to analyze the goals, implementation, and outcomes of economic policy. 2019 Level: mittel Advanced Economic Policy Alyssa Schneebaum Vienna University of Economics and Business The course will teach students to analyze the goals, implementation, and outcomes of economic policy. 2018 Level: mittel Advanced Economic Policy 2 Alyssa Schneebaum Vienna University of Economics and Business On July 2020 ZOE-Institute published a unique platform for transformative policymaking: Sustainable Prosperity. Building on insights from new economic thinking the platform provides knowledge about ideas, arguments and procedures that support effective promotion of political change. It aims to strengthen change makers in public policy institutions, who are working on an ambitious green and just transition. As such, it provides convincing arguments and policy ideas to overcome the reliance of economic policy on GDP growth Level: leicht Sustainable Prosperity   ZOE Photo by Kaitlyn Ashley on Unsplash 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 … 2012 Level: leicht The Future of Capitalism Anatole Kaletsky n.a. Heterodox Macroeconomics offers a detailed understanding of the foundations of the recent global financial crisis 2009 Level: mittel Heterodox Macroeconomics Jonathan P. Goldstein, Michael G. Hillard Routledge The Austrian tradition in economic thought had a profound influence on the development of post-war economics including neoclassical orthodoxy, game theory, public choice, behavioral economics, experimental economics and complexity economics. 2008 Level: mittel Explorations in Austrian Economics Roger Koppl Emerald Group Publishing The U.S. economy today is confronted with the prospect of extended stagnation. This book explores why. Thomas I. Palley argues that the Great Recession and destruction of shared prosperity is due to flawed economic policy over the past thirty years. 2012 Level: mittel From Financial Crisis to Stagnation Thomas I. Palley Cambridge University Press Diane Perrons and Sigrid Stagl combine feminist and critical environmental economics perspectives to develop a critique of the free market growth model and offer new ideas for a more sustainable gender equitable model of development in the interests of all. 2019 Level: mittel A Feminist Political Economy for an Inclusive and Sustainable Society Diane Perrons, Sigrid (Vienna University for Economics and Business) Stagl Agenda Publishing Das interaktive Online-Lehrbuch stellt grundlegende makroökonomische Konzepte auf Bachelor-Niveau dar. In den interaktiven Abbildungen können Parameter und Variablen einzelner Modellelemente verändert werden und in einer Reihe interaktiver Szenarien übernehmen die Nutzer*innen die Kontrolle über verschiedene wirtschaftspolitischen Instrumente. 2020 Level: mittel Einführung in die Makroökonomik: plural und interaktiv Franz Prante, Alessandro Bramucci, Eckhard Hein und Achim Truger Institute for International Political Economy Berlin der Hochschule für Wirtschaft und Recht Examine what would happen if we were to deploy blockchain technology at the sovereign level and use it to create a decentralized cashless economy. This book explains how finance and economics work today, and how the convergence of various technologies related to the financial sector can help us find solutions to problems, such as excessive debt creation, banks getting too big to fail, and shadow banking. 2017 Level: mittel The Blockchain Alternative Bheemaiah, Kariappa Apress Are there distinct European traditions in economics? Is modern economics homogenous and American? The volume includes case studies of the UK, Sweden, the Netherlands, Belgium, Germany, France, Italy, Portugal, Spain and Greece. 2005 Level: mittel The Development of Economics in Western Europe Since 1945 Coats, A.W. Routledge The world has changed dramatically in recent years and so has the field of economics, but many introductory economics textbooks have remained stuck in the past. This book provides a new beginning for the study of macroeconomics, fundamentally international in its approach and emphasizing current debates and research trends. 2014 Level: mittel Macroeconomics Dorman, Peter Springer-Verlag The second edition of International Political Economy continues to be the perfect short introduction to the fundamental theories and issues of international political economy (IPE). 2018 Level: mittel International Political Economy Miller, Raymond C. Routledge Wirtschaften, um sich selbst zu erhalten? Was eigentlich selbstverständlich ist, bleibt in der ökonomischen Theorie und in den sozialpolitischen Debatten oft nur eine Randnotiz. 2017 Level: mittel Menschengerechtes Wirtschaften? Thieme, Sebastian Verlag Barbara Budrich Immer wieder sind in den letzten Jahren die Folgen einseitiger Lobby- und Marktmacht deutlich geworden – und wie schwierig es ist, sie zu begrenzen. Level: leicht Warum Marktmacht den Klimaschutz unterminiert Max Bank und Nelly Grotefendt Economist for Future