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This blog post reviews "Democratizing Finance", an edited volume that analyses and provides policy proposals to ensure that the financial system serves the public good. Mquzama undertakes the task of summarising the main takeaways from each essay in the book as well as an exposition of its shortfalls. While he acknowledges the necessity of the book's reimaging capitalism and the financial system in a way that is practical within the current economic and political structures, he also highlights its failure to look beyond the United States of America.
2022
Level: leicht
Book Review: Democratizing Finance
First, a definition of care work is given. Then the gendered and racialized issues and inequalities associated with care work as well as the work overload that results from the double burden of care and wage labour are explored. Lastly, a policy proposal which counters the dynamics and the culture of capitalist (re)production, grounded in the concept of solidarity, is developed.
2015
Level: leicht
»Care Revolution« - Gabriele Winker über Schritte in eine solidarische Gesellschaft
How do we get our dinner? And who cooked Adam Smith's dinner? Starting with Smith's answer on the origin of a dinner, Katrine Marçal problematizes and illustrates how unpaid labour was and is still being ignored by economic theory and how the homo economics represents characteristics perceived as male.
2015
Level: leicht
How Economics Forgot about Women
In this radio interview, Philip Mirowski, author of the book "Never Let a Serious Crisis Go to Waste" presents several differences between neoclassical economics and neoliberalism. Apart from a historical outline, Mirowski primarily discusses different perceptions of markets and the role of the state. Mirowski further reflects on the role think tanks ("part of the "neoliberal thought collective") and the entrepreneurial self (the "neoliberal agent") in the spreading and fostering of the neoliberalism.
2015
Level: leicht
How Neoliberalism Survived the Financial Meltdown
In this lecture, Konstantinos Katsikopoulos presents the concept of bounded rationality and contrasts two - as he calls it - cultures of research and analysis within Behavioral Economics: an "idealistic" and a "pragmatic" approach. Thereby, Katsikopoulos discusses amongst others their different assumptions on decision making (utility optimization vs. achievement of a satisfactory outcome), the psychological process as well as the epistemic aim and implications on policy recommendations (nudging vs. education).
2014
Level: leicht
Bounded Rationality: The Two Cultures
What is innovation, what drives innovation and the process that differentiates firms? What is competition and what kind of dynamics lie behind the differences between firms and their innovative activities? Mariana Mazzucato elaborates on those questions from an evolutionary economics' and Schumpeterian perspective. The slides of her lecture are not visible, hence some visualizations can't be followed.
2014
Level: mittel
Economics of Innovation
The page "Positive Money" gathers text and short videos which explain how money is created by banks by giving loans. It furthermore presents the consequences of this process on housing prices, inequality and the environment and its role in the financial crisis. The dossier is provided by the campaign "Positive Money" which aims at a democratic control over money creation. Besides texts by the campaign, the page makes available links to journal and conference articles on the topic. The page focuses on the banking system of the UK.
Level: leicht
Positive Money
Eckhard Hein criticises the mainstream's view of secular stagnation as the result of a negative real equilibrium interest rate. Arguing in a Keynesian spirit with particular reference to Steindl, secular stagnation is considered to be a result of shift in the functional income distribution, and oligopolistic organisation of industries, leading to excess capacity and reluctance to invest. This acts as a drag on effective demand and results in secular stagnation. Distributional policies and public investment can, however, overcome stagnation its tendencies.
2015
Level: mittel
Secular Stagnation or stagnation policy? Steindl after Summers
In the inspiring interview on Economics of Care, Nancy Foblre takes a closer look to the consequences of the marketization of caring activities on those activities and on the societal organization of care. Folbre elaborates on how to value care and how this shifts the perspectives on living standards. She points to the fact, that caring activities are undervalued both in the market sphere and within the family and thereby questions the division between those spheres. Lastly, Folbre answers the question how to reteach Economics when accounting for caring activities.
2016
Level: leicht
The Economics of Care
Gilles Carbonnier, Professor of Development Economics and Director of Studies at The Graduate Institute Geneva, explains the emerging field of Humanitarian Economics. It analyses how economics can help to better grasp and respond to humanitarian crises, and why capturing market dynamics - including the humanitarian market itself, or in relation to e.g. kidnapping and detention in war - has become critical.
2015
Level: leicht
The Birth of Humanitarian Economics
We collect selected high quality working papers from the leading international universities and research institutes in the field of plural and heterodox economics. The working papers in our selection present economic schools of thought and debates in a first-class way and give an insight into the latest research.
2021
Level: leicht
Exploring Economics Working Paper Selection
A collection of the prolific economist's essays written since 1990, in sections on history of economic thought, methodology of economics, economics of education, cultural economics, and book reviews. Subjects include the work of Adam Smith, Hayek, and Keynes, the economic case for subsidies for the arts, the historiography of economics, and education and the employment contract. Annotation copyright by Book News, Inc., Portland, OR
1997
Level: mittel
Not Only an Economist
The current international financial system has created a huge gap between the wealthy and the rest. Grounded and straightforward in his approach, Brahm calls for a turn away from economic systems dangerously steeped in ideology and stymied by politics, outlining a new global consensus based on pragmatism, common sense, and grass-roots realities.
2014
Level: mittel
Fusion Economics
Exploring Economics, an open-access e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
2017
Level: mittel
Socialist alternatives to capitalism II: Vienna to Santa Fe
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?
2019
Level: leicht
Institutional Economics - An Introduction
Exploring Economics, an open-access e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods.
2019
Level: mittel
Marx's approach to economics: a claim for subjective praxis
Experimental economists are leaving the reservation. They are recruiting subjects in the field rather than in the classroom, using field goods rather than induced valuations, and using field context rather than abstract terminology in instructions.
2004
Level: leicht
Field Experiments in Economics
Introduces four of the most influential economists you'll never read in a modern economics class - Marx, Veblen, Keynes, and Galbraith.
2016
Level: leicht
Introduction to Political Economy
An vielen Orten auf der Welt erleben wir, wie sich das Gefühl von Machtlosigkeit und sozialer Entfremdung breit macht – wirtschaftlicher und sozialer Wohlstand sind nicht mehr miteinander im Einklang, sie sind entkoppelt. Daher braucht es ein neues Verständnis von Wohlstand.
2020
Level: leicht
Wie sich echter Wohlstand messen lässt
Frei zugängliche Vorlesung von Prof Dr Oliver Holtemöller Makroökonomik I an der Martin Luther Universität Halle Wittenberg im Wintersemester 2020 2021 Makroo konomik ist die Lehre von der Struktur und Entwicklung gesamter Volkswirtschaften und von den wirtschaftspolitischen Einflussmo glichkeiten auf die gesamtwirtschaftliche Entwicklung Studierende der Makroo konomik lernen das gesamtwirtschaftliche …
2020
Level: leicht
MLU Makroökonomik I WS 2020/2021
From the mercantile monopolies of seventeenth-century empires to the modern-day authority of the WTO, IMF, and World Bank, the nations of the world have struggled to effectively harness globalization's promise. The economic narratives that underpinned these eras the gold standard, the Bretton Woods regime, the "Washington Consensus" brought great success and great failure.
2011
Level: mittel
The Globalization Paradox
Diese Webseite widmet sich der Vielfalt bestehender ökonomischer Theorien und Methoden. Orientiere Dich, vergleiche, entdecke und studiere die unterschiedlichen ökonomischen Perspektiven.
2016
Level: leicht
Neoklassisches Paradigma in Standardlehrbüchern
An introductory course on Game Theory
Level: leicht
Game Theory
"First published more than a decade ago, Globalizing Capital has remained an indispensable part of economic literature. This classic book emphasizes the importance of the international monetary system for understanding the international economy. The second edition, published in October 2008, has consistently appeared on syllabuses since its release
2019
Level: mittel
Globalizing Capital
Challenging the Mainstream in the Twentieth Century Economics is a contested academic discipline between neoclassical economics and a collection of alternative approaches such as Marxism radical economics Institutional economics Post Keynesian economics and others that can collectively be called heterodox economics Because of the dominance of neoclassical economics the existence …
2011
Level: mittel
A History of Heterodox Economics
Based on a clear conceptual framework and ten flexible building blocks this handbook offers refreshing ideas and practical suggestions to stimulate student engagement and critical thinking across a wide range of courses Drawing on decades of ideas on how to improve economics education and a growing number of available alternative …
2021
Level: leicht
Economy Studies
Macroeconomics is fundamental to our understanding of how the world functions today. But too often our understanding is based on orthodox, dogmatic analysis.
2016
Level: leicht
Macroeconomics - A Critical Companion
Prof. Robert Guttmann looks at the current transformation of the international world order through the lenses of global money and finance.
2019
Level: mittel
Multipolar Capitalism
The economics of worker cooperatives is a branch of economic inquiry with a long and esteemed pedigree, dating at least from the work of John Stuart Mill in the mid-nineteenth century.
2013
Level: mittel
The Economics of Worker Cooperatives
Post-Colonialisms Today researchers Kareem Megahed and Omar Ghannam explain how early post-independence Egypt sought economic independence via industrialization.
2020
Level: mittel
Achievements of Egypt’s Industrialization Project
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.
2022
Level: leicht
How to get away with a crisis? - Economy Studies
Game theory is the standard quantitative tool for analyzing the interactions of multiple decision makers. Its applications extend to economics, biology, engineering and even cyber security.
Level: mittel
Game Theory I - Static Games

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