Tejashree Dewoolkar Sujatha Padmanabhan Ashik Krishnan Extraordinary work of ordinary people Vikalp sangam 2022 Level: beginner Pandemic resilience in North East India Sujatha Padmanabhan & Ashik Krishnan Vikalp sangam The author discusses the various dimensions of the recent hike in inflation in the context of the United States and policy dilemmas around high inflation GDP decline and unemployment Servaas Storm Institute for New Economic Thinking 2022 Level: advanced Inflation in a Time of Corona and War Servaas Storm Institute for New Economic Thinking In this lecture Mirowski claims that a good critique of and alternative to neoclassical economics should focus on microeconomics. In addition, he claims that mainstream economics is not about a specific "human nature", instead the understanding of markets (partially based on Hayek) is of special importance. As an alternative Mirowski proposes institutionalist economics that builds upon how markets work nowadays (e.g. links to computer science). 2015 Level: expert Should Economists be Experts in Markets or in Human Nature? Philip Mirowski Netzwerk Plurale Ökonomik Paul Mason presents the main arguments of his book PostCapitalism. First, he argues that capitalism runs out of its capability to adapt to crises and second states that information technology challenges the capitalist system. In a nutshell, he argues that a society which fully exploits information technologies can't include concepts such as intellectual property, free market or private ownership. This has far-reaching consequences for the organisation of wages and work. The talk stops at minute 37.30. 2015 Level: beginner The Future of Capitalism Paul Mason The RSA 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: beginner Bounded Rationality: The Two Cultures Konstantinos Katsikopoulos Netzwerk Plurale Ökonomik 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: advanced Economics of Innovation Mariana Mazzucato INET This syllabus provides an overview of the contents of the course "Understanding Economic Models" at the University of Helsinki. 2018 Level: beginner Understanding Economic Models N. Emrah Aydinonat, Michiru Nagatsu University of Helsinki Ever wondered why some countries are rich and others poor Or why some people believe hard work results in upward mobility and others don t To answer these questions you need to see the world sociologically In this introductory sociology course we will explore the concerns of an interconnected global … Level: beginner Global Sociology Smitha Radhakrishnan Wellesley College This course is an introduction to the economic theories of financial crises It focuses on amplification mechanisms that exacerbate crises such as leverage fire sales bank runs interconnections and complexity It also analyzes the different perspectives on the origins of crises such as mistaken beliefs and moral hazard and discusses … Level: beginner Financial Crises Alp Simsek Massachusetts Institute of Technology What are the challenges and opportunities for achieving decent work in global supply chains How do transnational corporations and their global supply chains operate How can they be more effectively governed Mark Anner Esther Busser Michael Fichter Tandiwe Gross Frank Hoffer Jenny Holdcroft Praveen Jha Maité Llanos Adam Lee Victor … Level: beginner Decent Work in Global Supply Chains Mark Anner, Esther Busser, Michael Fichter, Tandiwe Gross, Frank Hoffer, Jenny Holdcroft, Praveen Jha, Maité Llanos, Adam Lee, Victor Hugo Ricco, Christoph Scherrer Iversity Keen first compares neoclassical approaches to modelling with heterodox ones. Then he discusses in length the required assumptions and the inconsistencies of the aggregate demand and supply model, which is extrapolated from a micro perspective. At the end some dynamic models with feedback mechanisms are shown. 2016 Level: advanced The Mainstream Obsession with Microfoundations and why it is an intellectual dead-end Steve Keen ProfSteveKeen This multimedia dossier is part of the series „Understanding Finance“ by Finance Watch and explores the following questions: What is bank capital and how is it regulated? It further presents controversies on the size of bank capital in the aftermath of the financial crisis and on how bank capital affects economic activity. 2016 Level: beginner Bank capital – what is it and how is it regulated?   Finance Watch This multimedia dossier is part of the series „Understanding Finance“ by Finance Watch and presents a description and critical review of financial markets and their functions. It furthermore discusses recent developments, as high frequency trading. 2015 Level: beginner What kind of financial markets do we need?   Finance Watch This multimedia dossier is part of the series „Understanding Finance“ by Finance Watch. The dossier focuses on universal banks – banks that pursue commercial and investment banking and points out several problems of those megabanks, especially in the context of the financial crisis (too big to fail). 2014 Level: beginner Splitting megabanks?   Finance Watch The Heterodox Economics Directory provides a broad variety of links to heterodox journals, books, conferences, study programs, teaching materials and blogs. Some categories are subdivided by schools of thoughts - it's a valuable source for heterodox material on the internet. Level: beginner Heterodox Economics Directory   Jakob Kapeller; Florian Springholz 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: beginner Positive Money   Positive Money First published in 1983. A collection of papers directed at those outside the field of Economics, to open up discussions around the scientific worth of Economics. 2020 Level: advanced Why Economics is not yet a Science Eichner, Alfred S. Routledge Steve Keen ProfSteveKeen University of Western Sydney Level: advanced Behavioural Finance Lectures Steve Keen University of Western Sydney Use economic models to learn how prices and markets benefit society in the face of scarcity and then apply those models to analyze policy Jonathan Gruber edX Massachusetts Institute of Technology Level: advanced Microeconomics Jonathan Gruber Massachusetts Institute of Technology The podcast exposes the concept and principles of co-operatives and the three main types of co-operatives: the consumer, credit and farmers buying and selling co-operatives. Furthermore, the history of the co-operative movement is presented. The authors draw the line from co-operatives to "degrowth" by arguing that these organisations discourage profit maximisation due to their ownership structure, their social purpose and their primacy of people over capital. The value of the members' co-operative share does not increase with the growth of a co-operative and it can not be used for speculation. Finally, the authors give examples for current co-operatives which empower (local) communities fostering social justice and environmentalism. 2016 Level: beginner Co-operatives Ann-Christin Abbenhaus; Nadia Johanisova; Ruben Suriñach Padilla; Philippa Parry Degrowth Audiobook The documentary proceeds along the lines of Karl Marx' biography, inquiring into his workings as a journalist, social scientist, revolutionary and historian and his travels through Europe. In chronological order historical events, such as the 1848 revolution or the Paris Commune as well as concepts such as dialectics, the labour theory of value or the reform-revolution debate are revisited. The documentary is narrated by John Kenneth Galbraith and by an actor, who plays Marx and recites quotes from his writings. 1977 Level: beginner The Age of Uncertainty Episode 3 Karl Marx The Massive Dissent John Kenneth Galbraith BBC, CBC, KCET and OECA The dossier first discusses the impact of colonialism on introducing foreign plants and thus disrupting ecosystems. Subsequently the case of the knotweed, a plant introduced from Japan to the UK and now considered a threat to biodiversity is explored. The complex economy built around the plant consisting of regulations, pesticides, experts, and landowners is then explored. 2015 Level: beginner Knotweed – I-PEEL.org Lynee Pettinger I-PEEL John K. Galbraith recounts episodes in the history of money such as the creation of the bank of Amsterdam, John Law's fraudulent Bank Royal, the inception of the Bank of England and of the Federal Reserve to illustrate concepts such as money creation by commercial banks, the bank rate, open market operations or the money supply in general. The emotions, myths and struggles surrounding money are addressed and explained in a clear and consistent manner. 1977 Level: beginner The Age of Uncertainty Episode 6 The Rise and Fall of Money John Kenneth Galbraith BBC, CBC, KCET and OECA Is our knowledge of the world essentially rational What does it mean to be burdened with the gift of rationality Philosopher Corine Besson considers the nature of humanity s defining trait Corine Besson iai University of Sussex Level: beginner Knowledge and Rationality Corine Besson University of Sussex Source image UMassEconomics Youtbe channel Stephen Resnick UMassEconomics University of Massachusetts Amherst Level: beginner Marxian Economics Lectures Stephen Resnick University of Massachusetts Amherst The term "de-risking" can be seen as one element of a strategy aimed at discursively reframing the trade policy confrontation with China. This confrontation has mainly been driven by the US in recent years and received initially cautious, but later growing support from the EU. 2023 Level: beginner De-risking, de-coupling, de-globalization? Samuel Decker Exploring Economics Evolutionary economics focuses on economic change. Hence processes of change such as growth, innovation, structural and technological change, as well as economic development in general are analysed. Evolutionary economics often gives emphasis to populations and (sub-)systems. Evolutionary Economics     John K. Galbraith tells the economic history of a couple of economies (mostly UK, US and to a lesser extent Germany) from the end of the first world war until the Bretton Woods conference. He also provides a biography of John M. Keynes and outlines some central ideas of Keynes such as the possibility of an underemployment equilibrium. Galbraith complements the historical remarks by the biographical experiences he made in economic management (and in engaging with Keynes) serving as deputy head of the Office for Price administration during the second world war. 1977 Level: beginner The Age of Uncertainty Episode 7 The Mandarin Revolution John Kenneth Galbraith BBC, CBC, KCET and OECA Mark Blyth criticises the political inability to solve the persistent economic crisis in Europe against the background of a deflationary environment. Ideological blockades and impotent institutions are the mutually reinforcing causes of European stagnation. The deeper roots lie in the structural change of the economic system since the 1980s, when neoliberalism emerged as hegemonic ideology. This ideology prepared the ground for austerity and resulting deflationary pressures and a strategy of all seeking to export their way out of trouble. Worryingly this is breeding populist and nationalist resentments in Europe. 2015 Level: beginner Policies to avert stagnation: The Crisis and the Future(s) of the Euro Mark Blyth IMK Irene van Staveren, professor of pluralist development economics, presents her pluralist teaching method for the introductory level. Based on her textbook “Economics After the Crisis: An Introduction to Economics from a Pluralist and Global Perspective” she suggests to focus on real-world problems and pari passu apply economic theories such as Social economics, Institutional economics, Post-Keynesian economics as well as Neoclassical economics without wasting time to single out the latter. Besides pointing out advantages of such a pluralist method Irene illustrates her approach based on interesting topics such as growth or feminist economics. 2016 Level: beginner Beyond stimulus versus Austerity: Pluralist capacity building in Macroeconomics Irene van Staveren IMK 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: beginner The Economics of Care Nancy Folbre INET Austrian economics focuses on the economic coordination of individuals in a market economy. Austrian economics emphasises individualism, subjectivism, laissez-faire politics, uncertainty and the role of the entrepreneur, amongst others. Austrian Economics