✕
RETHINK
ECONOMICS
RETHINK
ECONOMICS
... and receive personalised notifications on
new pluralistic content directly into your inbox!

The Rise of Trumpism

John Komlos
Duke University’s John Hope Franklin Center, 2019
Level: beginner
Perspectives: Evolutionary Economics, Institutionalist Economics, Other
Topic: Crises, Globalization & International Economic Relations, Institutions, Governments & Policy, Macroeconomics, Microeconomics & Markets, Reflection of Economics, Social movements & Transformation
Format: Lecture / Presentation
Duration: 55:30
Link: https://www.youtube.com/watch?v=8QYAXplyZTc&feature=youtu.be

Donald Trump won in 2016 largely because enough voters in three states, all in the Rustbelt, which had voted for Barack Obama in both 2008 and 2012, switched their electoral votes from Democratic to Republican. Economic dislocations played a crucial role in these states to induce them to vote for an anti-establishment candidate. The sources of the dislocation were the development of a dual economy characterized at one end by low and stagnating wages, increasing debt, downward social mobility, declining relative incomes, and the hopelessness accompanying them while at the other end of the income distribution the economy was booming.

Go to: The Rise of Trumpism

Tags: china-trade | financial crisis 2008 | globalization | introductory courses | mainstream critique | markets | NAFTA | Obama | path-dependence | Reaganomics | teaching | trade | trickle down
Es ist immer noch zweifelhaft, ob Ökonom*innen mit ihrem Instrumentarium die nächste Wirtschaftskrise vorhersagen können. Als erster Grund ist dafür der nicht-systemische Status von Krisen in Mainstream-Theorien zu nennen. Zweifelsohne entwickeln empirisch arbeitende Makroökonomen Warn-Indikatoren für Finanzkrisen (Schularick und Taylor 2012), es gibt auch makroökonomsiche Modelle, die Krisendynamiken aufgreifen (Kumhof et al. 2015) und Debatten im Mainstream der VWL über den richtigen Umgang mit der Mathematik (Romer ABC). 2018 Level: beginner Stickeraktion: Wann kommt die nächste Krise, Herr Professor*?   Netzwerk Plurale Ökonomik e.V. The article by the European Council of Foreign Relations argues that Europe's economic actions in response to the Russian invasion into Urkaine have been decisive, different from the EU's external image, but that this response should yet be better institutionalized. The author Hackenbroich proposes an Anti-Coercion Instrument on the EU … 2022 Level: beginner The EU’s geo-economic revolution Jonathan Hackenbroich European Council of Foreign Relations Have you ever wondered why it is so difficult to follow through on new year’s resolutions, such as to exercise more or to start saving more money towards retirement? The agent that most traditional economic models are based on would not struggle to keep up these resolutions. These agents are referred to as homo economicus. 2018 Level: beginner Homo Economicus: Why are new year’s resolutions so difficult to maintain and economic models so bad at predicting our behaviour? Antonia T. Schröder Pluralist Economics Fellowship Wie muss die Energiewende gestaltet werden, damit sie nicht als Gängelung durch eine sich weiter differenzierende Klimaschutzbürokratie wahrgenommen wird – sondern in der Breite der Bevölkerung eine aktive Befürwortung und Bejahung entsteht? Level: beginner Es braucht mehr als nur die passive Toleranz der Energiewende Beate Fischer Economists for Future

Donate

This project is brought to you by the Network for Pluralist Economics (Netzwerk Plurale Ökonomik e.V.).  It is committed to diversity and independence and is dependent on donations from people like you. Regular or one-off donations would be greatly appreciated.

 

Donate