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Once in a while the world astonishes itself. Anxious incredulity replaces intellectual torpor and a puzzled public strains its antennae in every possible direction, desperately seeking explanations for the causes and nature of what just hit it. 2008 was such a moment. Not only did the financial system collapse, and send the real economy into a tailspin, but it also revealed the great gulf separating economics from a very real capitalism.
Modern Political Economics
This book is intended as a textbook for a course in behavioural economics for advanced undergraduate and graduate students who have already learned basic economics. The book will also be useful for introducing behavioural economics to researchers. Unlike some general audience books that discuss behavioural economics, this book does not take the position of negating traditional economics completely.
Behavioral Economics
This book offers a clear and comprehensive explanation of how money is actually created and circulated in today’s monetary system.
Modern Monetary System in Theory and Practice: Who Creates Money?
Economics is a broad and diverse discipline, but most economics textbooks only cover one way of thinking about the economy. This book provides an accessible introduction to nine different approaches to economics: from feminist to ecological and Marxist to behavioural.
Rethinking Economics - An Introduction to Pluralist Economics
Ist das BIP wirklich der Wert, an welchem wir den Fortschritt eines Landes und einer Gesellschaft messen sollten? Wir sollten über den Punkt hinaus kommen, an welchem wirtschaftlicher Erfolg mit Wirtschaftswachstum und gesellschaftlichem Fortschritt gleichgesetzt wird. Stattdessen könnte die Art, wie wir wirtschaften, als Mittel zum Zweck für eine Gesellschaft dienen, die ihren Wohlstand neu definiert und nicht mehr von quantitativem Wachstum abhängig macht.
“Die Verwandlung”: Ringen um einen neuen Wohlstandsbegriff
Kleine Hebel und auf den Markt vertrauende Lösungen reichen nicht mehr aus, um den Klimawandel zu stoppen. Wir brauchen ein Steuersystem, das breit diskutierte und klar kommunizierte Ziele konsequent ansteuert.
Ein Steuermodell, das seinen Namen verdient
Die Bundestagswahl 2021 wird die Weichen für ein energiepolitisch entscheidendes Zeitfenster stellen – und sollte daher zur Klimawahl werden. Allerdings befindet sich die Politik in einer Ambitions- und Umsetzungskrise, die es dringend zu überwinden gilt. Ein Beitrag von Franziska M. Hoffart und Claudia Kemfert.
Wir haben kein Erkenntnisproblem, sondern eine Ambitions- und Umsetzungskrise
This course will fundamentally ask whether we can, or even should use the word ‘decolonising’ in our pursuit of a better economics?
Decolonising Economics?
Der Fokus der Marxistischen Politischen Ökonomik liegt auf der Ausbeutung von Arbeit durch Kapital. Die Ökonomie wird nicht als neutrale Austausch- und Kooperationsplattform gesehen, sondern als historische und politische Ausprägung, die von asymmetrischen Machtverhältnissen, Ideologie und sozialen Konflikten geprägt ist.
Marxistische Politische Ökonomik
This lecture course, which will be taught in English, will deal with gender issues in developing countries. After providing an overview of the gender differences in various aspects of welfare and economic life, the course will then tackle a number of specific issues.
Gender and Development
Part I: Basic Economic Problems Is Economics a Science? Is It Useful? (Lawrence Boland, Ian Parker) Is There Such a Thing as a Free Market? (William Watson, Robert Prasch) Part II: Consumers and Firms Is Homo Economicus an Appropriate Representation of Real-World Consumers? (Joseph Persky, Morris Altman) Is the Consumer Sovereign?
Introducing Microeconomic Analysis
Despite the Doha declaration of November 2001, the failure to start a new round of global trade negotiations at Seattle in December 1999 and the hostility of protesters to the trade liberalization process and growing global economic and social disparities was a wake-up call for the World Trade Organisation (WTO).
The WTO, Agriculture and Sustainable Development
It has become a contentious term in- and outside of economic policy: austerity. Allegedly the culprit behind the shortfalls of governments' reaction to the Great Financial Crisis, the policy makes for a spirited debate.
Austerity
Firms are the primary places where economic activity takes place in modern capitalist economies: they are where most stuff is produced; where many of us spend 40 hours a week; and where big decisions are made about how to allocate resources. Establishing how they work is hugely important because it helps us to understand patterns of production and consumption, including how firms will react to changes in economic conditions and policy. And a well-established literature – led by post-Keynesians and institutionalists – holds that the best way to determine how firms work is to…wait for it...ask firms how they work. This a clearly sensible proposition that is contested in economics for some reason, but we’ll ignore the controversy here and just explore the theory that springs from this approach.
The ‘How Firms Work’ Approach to How Firms Work
Thirty-years of economic transformation has turned China into one of the major players in the global capitalist economy. However, its economic growth has generated rising problems in inequality, alienation, and sustainability with the agrarian crises of the 1990s giving rise to real social outcry to the extent that they became the object of central government policy reformulations.
Social Economy in China and the World
Economics: A New Introduction provides a fresh introduction to real economics. Highlighting the complex and changing nature of economic activity, this wide-ranging text employs a pragmatic mix of old and new methods to examine the role of values and theoretical beliefs in economic life and in economists understanding of it.
Economics
Microeconomics in Context lays out the principles of microeconomics in a manner that is thorough, up to date, and relevant to students. Like its counterpart, Macroeconomics in Context, the book is uniquely attuned to economic realities. The "in Context" books offer affordability, accessible presentation, and engaging coverage of current policy issues from economic inequality and global climate change to taxes.
Microeconomics in Context
Debunking Economics - Revised and Expanded Edition exposes what many non-economists may have suspected and a minority of economists have long known: that economic theory is not only unpalatable, but also plain wrong. When the original Debunking Economics was published back in 2001, the market economy seemed invincible, and conventional "neoclassical" economic theory basked in the limelight.
Debunking Economics - Revised and Expanded Edition
Economic development is a process of continuous technological innovation and structural transformation. Development thinking is inherently tied to the quest for sustainable growth strategies. This book provides a neoclassical approach for studying the determinants of economic structure and its transformation and draws new insights for development policy.
New Structural Economics
Der große Zwiespalt zwischen Effizienz und Gerechtigkeit Realität oder Ideologie Till van Treeck Quelle van Treeck Till and Janina Urban Wirtschaft neu denken Blinde Flecken in der Lehrbuchökonomie iRights Media 2016 Das Buch kann hier bestellt werden http irights media de publikationen wirtschaft neu denken Rezensierte Bücher Mankiw N G …
Der „große Zwiespalt“ zwischen Effizienz und Gerechtigkeit: Realität oder Ideologie?
The core of Georgism is a policy known as the Land Value Tax (LVT), a policy which Georgists claim will solve many of society and the economy’s ills. Georgism is an interesting school of thought because it has the twin properties that (1) despite a cult following, few people in either mainstream or (non-Georgist) heterodox economics pay it much heed; (2) despite not paying it much heed, both mainstream and heterodox economists largely tend to agree with Georgists. I will focus on the potential benefits Georgists argue an LVT will bring and see if they are borne out empirically. But I will begin by giving a nod to the compelling theoretical and ethical dimensions of George’s analysis, which are impossible to ignore.
It’s the Land, Stupid!
Die ökonomische Theorie hat mit Moral wenig oder gar nichts zu tun. In den gängigen Lehrbüchern der Mikroökonomie findet sich in den Stichwortverzeichnissen kein Eintrag zu Moral oder Ethik. Die Studierenden lernen über die Wirtschaft nachzudenken, aber sie lernen dabei nicht, systematisch über ethische Fragen zu reflektieren. Nach der neoklassischen Lehre, wie sie in den Lehrbüchern präsentiert wird, weist wirtschaftliches Handeln nicht grundsätzlich moralische Aspekte auf.
Ökonomie und Moral: Eine kurze Theoriegeschichte
Ernest Mandel, a heterodox Marxist economist, shows here how a political economist can analyse systems such as the Soviet Union.
The Nature and Economy of the Soviet Union
Is degrowth bad economics To properly answer this question it is essential to understand what economic growth really is The term growth is often associated with an increase in wealth a term loosely defined but according to the degrowth movement economic growth is a narrower concept only describing an increase …
Is prosperous degrowth feasible?
This book provides a new methodological approach to money and macroeconomics. Realizing that the abstract equilibrium models lacked descriptions of fundamental issues of a modern monetary economy, the focus of this book lies on the (stylized) balance sheets of the main actors. Money, after all, is born on the balance sheets of the central bank or commercial bank.
Modern Monetary Theory and European Macroeconomics
The notion that the demand and supply side are independent is a key feature of textbook undergraduate economics and of modern macroeconomic models. Economic output is thought to be constrained by the productive capabilities of the economy - the ‘supply-side' - through technology, demographics and capital investment. In the short run a boost in demand may increase GDP and employment due to frictions such as sticky wages, but over the long-term successive rises in demand without corresponding improvements on the supply side can only create inflation as the economy reaches capacity. In this post I will explore the alternative idea of demand-led growth, where an increase in demand can translate into long-run supply side gains. This theory is most commonly associated with post-Keynesian economics, though it has been increasingly recognised in the mainstream literature.
It’s Demand All the Way Down
Mainstream economics almost completely ignores the role power plays in determining economic outcomes, which means it can only provide partial explanations of the distribution of wealth and income, and of the problems associated with inequality and poverty.
Power and Neoclassical Economics
The book is a collection of 51 texts by different scholars and activists, who each adds a dimension/perspective to the topics of degrowth and societal transformation. A societal transformation towards a degrowth society is dependent on a lot of ideas coming together and creating change from various starting points within a society. Therefore, the authors are quite diverse and their contributions vary from being philosophical, natural science based, economic, sociological and so forth. Some are specfiically focused on a concept and others are a more broad critique of e.g., capitalism or growth.
Degrowth
Post-Keynesian and heterodox economics challenge the mainstream economics theories that dominate the teaching at universities and government economic policies. And it was these latter theories that helped to cause the great depression the United States and the rest of the world is in.
In Defense of Post-Keynesian and Heterodox Economics
Planet Money and The Indicator aim to explain current economic events in an easy, fun and accessible manner.
Planet Money
Inequality is an issue we all face every day, from income disparities to gender discrimination. In this first lecture in the Institute for New Economic Think...
Inequality 101 with Branko Milanovic & Arjun Jayadev
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
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