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This paper attempts to clarify how the European economic crisis from 2007 onwards can be understood from the perspective of a Marxian monetary theory of value that emphasizes intrinsic, structural flaws regarding capitalist reproduction. Chapter two provides an empirical description of the European economic crisis, which to some extent already reflects the structural theoretical framework presented in chapter three. Regarding the theoretical framework Michael Heinrich's interpretation of 'the' Marxian monetary theory of value will be presented. Heinrich identifies connections between production and realization, between profit and interest rate as well as between industrial and fictitious capital, which represent contradictory tendencies for which capitalism does not have simple balancing processes. In the context of a discussion of 'structural logical aspects' of Marx's Critique of the Political Economy, explanatory deficits of Heinrich's approach are analyzed. In the following, it is argued that Fred Moseley's view of these 'structural logical aspects' allows empirical 'applications' of Marxian monetary theories of value. It is concluded that a Marxian monetary theory of value, with the characteristics of expansive capital accumulation and its limitations, facilitates a structural analysis of the European economic crisis from 2007 onwards. In this line of argument, expansive production patterns are expressed, among other things, in global restructuring processes, while consumption limitations are mitigated by expansive financial markets and shifts in ex-port destinations. 2019 Level: expert The European economic crisis from 2007 onwards in the context of a global crisis of over-production of capital - a Marxian monetary theory of value interpretation Sascha Gander Institute for International Political Economy Berlin At the time of his death in 1950, Joseph Schumpeter was working on his monumantal History of Economic Analysis. Unprecedented in scope, the book was to provide a complete history of economic theory from Ancient Greece to the end of the Second World War. A major contribution to the history of ideas as well as to economics, History of Economic Analysis rapidly gained a reputation as a unique and classic work. 1994 Level: advanced History of Economic Analysis Joseph Alois Schumpeter Routledge A systematic comparison of the three major economic theories, showing how they differ and why these differences matter in shaping economic theory and practice.

Contending Economic Theories offers a unique comparative treatment of the three main theories in economics as it is taught today: neoclassical, Keynesian, and Marxian. Each is developed and discussed in its own chapter, yet also differentiated from and compared to the other two theories. 2012 Level: advanced Contending Economic Theories Richard D. Wolff, Stephen A. Resnick MIT Press This is an overview of (possibly transformative) proposals to address the economic consequences of the corona crisis 2020 Level: beginner Overview of proposals to combat the economic consequences of the Corona crisis Hannes Böhm, Anne Löscher & Jorim Gerrard Exploring Economics New Tools of Economic Dynamics gives an introduction and overview of recently developed methods and tools, most of them developed outside economics, to deal with the qualitative analysis of economic dynamics. It reports the results of a three-year research project by a European and Latin American network on the intersection of economics with mathematical, statistical, and computational methods and techniques. 2005 Level: advanced New Tools of Economic Dynamics Jacek Leskow Springer Science & Business Media Steve Keen analyses how mainstream economics fails when confronted with the covid-19-pandemic. Mainstream economics has propagated the dismantling of the state and the globalization of production - both of which make the crisis now so devastating. More fundamentally, mainstream economics deals with market systems, when what is needed to limit the virus’s spread is a command system. 2020 Level: beginner The Coronavirus and the End of Economics Steve Keen Exploring Economics Study of the German Council of Economic Experts on the potential economic effects of a comprehensive energy embargo against Russia 2022 Level: advanced A potential sudden stop of energy imports from Russia: Effects on energy security and economic output in Germany and the EU Eva Berger, Sylwia Bialek, Niklas Garnadt, Veronika Grimm, Lars Other, Leonard Salzmann, Monika Schnitzer, Achim Truger, Volker Wieland Sachverständigenrat für Wirtschaft Economic theory must distinguish between publicly owned and privately owned property if it is to account for the effect of institutions on the behavior of individuals. Careful study of the theories of Marxists and the real-world experience in the Soviet economy offer important lessons and insight for economic modeling and the ongoing development of theory. In this course, Marxist/Leninist theory and Soviet reality will be studied with an open mind, and with the goal of taking lessons from the case study. To what extent was the Soviet economy an accurate expression of Marxist theory? If Marxism were tried somewhere else would the results be the same? 2014 Level: advanced Economic History of the Soviet Union Guinevere Liberty Nell University of Warwick With a focus on Chile, Pinochet’s Economic Accomplices: An Unequal Country byForce uses theoretical arguments and empirical studies to argue that focusing onthe behavior of economic actors of the dictatorship is crucial to achieve basic objectivesin terms of justice, memory, reparation, and non-repetition measures. 2021 Level: advanced Pinochet's Economic Accomplices Juan Pablo Bohoslavsky; Karinna Fernández Neira; Sebastián Smart Rowman & Littlefield This module examines current socio-political issues through the lens of pluralism, that is pluralism of theory, pluralism of method and interdisciplinary pluralism 2020 Level: beginner Pluralist Economic Analysis Sophia Kuehnlenz Manchester Metropolitan University Steven G. Medema is a Research Professor at Duke University. His research focuses on the History of Economic Thought, having published extensively on the issue of social costs of production (conceptualized as externalities in neoclassical economics). In this recorded seminar, he exposes his working paper on the history of the concept of externalities in economic literature, starting from Pigou’s “The Economics of Welfare” (1920), where Pigou makes the case for governmental intervention in the market where there is a divergence between private and social costs or benefits of a productive activity. T 2017 Level: advanced 'Exceptional and Unimportant'? The Rise, Fall, and Rebirth of Externalities in Economic Analysis Steven G. Medema Ceteris Never Paribus: The History of Economic Thought Podcast The author identifies three principal economic phenomena, which are explained: long run productivity growth as the central driver of increasing economic activity, short-term and long-term debt cycles. The latter two are explained to some detailed with reference to money creation, central banking and long term crisis tendencies. With regards to the long run debt cycle, which leads into deleveraging and recession, some policy measures which can smoothen the crisis are discussed. 2013 Level: beginner How The Economic Machine Works Ray Dalio Bridgewater Associates 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 With the onset of an economic crisis that has been universally acknowledged since the end of March, two main questions arise: To what extent is the corona pandemic the starting point (or even the cause) of this crisis? And secondly: can the aid programmes that have been adopted prevent a deep and prolonged recession? 2020 Level: beginner Economic crisis only because of the Corona pandemic? Jakob Schäfer Exploring Economics 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: beginner How to Manage the Economic Fallout of the Coronavirus Kavaljit Singh Madhyam "Despite the rediscovery of the inequality topic by economists as well as other social scientists in recent times, relatively little is known about how economic inequality is mediated to the wider public of ordinary citizens and workers. That is precisely where this book steps in: It draws on a cross-national empirical study to examine how mainstream news media discuss, respond to, and engage with such important and politically sensitive issues and trends. 2020 Level: advanced Economic Inequality and News Media Andrea Grisold & Paschal Preston T. Oxford University Press This lecture by Economy Studies lays out the foundations and current state of the ecological crisis, its main drivers and who is responsible for this. It is crucial for students to develop a deeper understanding of the problem they are likely to encounter in their future careers, before getting into various economic policies or solutions to this pressing issue. 2022 Level: beginner Economic Introduction to the Ecological Crisis - Economy Studies   Economy Studies The course will teach students to analyze the goals, implementation, and outcomes of economic policy. 2019 Level: advanced 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: advanced Advanced Economic Policy 2 Alyssa Schneebaum Vienna University of Economics and Business This article by Rüdiger Bachmann et.al. discusses the economic effects of a potential cut-off of the German economy from Russian energy imports. 2022 Level: advanced What if? The Economic Effects for Germany of a Stop of Energy Imports from Russia Rüdiger Bachmann, David Baqaee, Christian Bayer, Moritz Kuhn, Andreas Löschel, Benjamin Moll, Andreas Peichl, Karen Pittel, Moritz Schularick ECONtribute.de This book offers the first systematic analysis of economic thought concerning war. 2020 Level: advanced War in Economic Theories over Time Renata Allio Springer Nature "Why information grows" by Cesar Hidalgo and the atlas of economic complexity. César visits the RSA to present a new view of the relationship between the individual and collective knowledge, linking information theory, economics and biology... 2015 Level: advanced Why information grows and the atlas of economic complexity. César Hidalgo The RSA In this talk, Eric Beinhocker outlines his ideas of how to ensure a just and sustainable future for Humanity: This includes his interesting Russian Doll approach to unpacking 20th-century economics and proposals of new theories to underpin a new economic system. 2019 Level: beginner Economic Transition in the Anthropocene Eric Beinhocker University of California The Atlas of Economic Complexity is an award-winning data visualization tool that allows people to explore global trade flows across markets, track these dynamics over time and discover new growth opportunities for every country. 2013 Level: beginner Atlas of Economic Complexity Ricardo Hausmann and the whole Harvard Growth Lab team Harvard Growth Lab This innovative book offers targeted strategies for effectively and efficiently teaching economics at both undergraduate and postgraduate levels. It provides professors and other teachers of economics various techniques to engage and retain the interest of students, and challenges them to apply both knowledge and methodological tools to a range of economic problems. 2014 Level: advanced New Developments in Economic Education Franklin Graves Mixon, Richard J. Cebula Edward Elgar The gender pay gap is a pressing issue that affects individuals and society as a whole, so it is important for economics students to understand it. Despite recent progress, women still earn less than men for the same jobs, leading to economic inequalities and reduced efficiency (see, for example, the recent report released by Moody’s). Understanding the causes and consequences of the gender pay gap is critical in developing policies that promote fairness and equality. 2023 Level: beginner The Gender Pay Gap: Understanding the Economic and Social Causes and Consequences Economy Studies Economy Studies 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 The COVID-19 pandemic has had far-reaching implications across the African continent. This discussion brings to light the role of African think tanks, such as the African Center for Economic Transformation (ACET) in rethinking the continent’s development models, especially, in light of the unprecedented crisis. 2020 Level: beginner Growth with 'DEPTH' should guide economic transformation in Africa   Institute for New Economic Thinking Exploring Economics, an open-access e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods. 2020 Level: advanced Impact of FDI on economic growth: The role of country income levels and institutional strength Tamar Baiashvili, Luca Gattini European Investment Bank An increasing number of older women are facing uncertain economic futures. The Women in Economics Network (WEN) in Australia hosted a webinar to explore the emerging situation and public policy responses that can reduce the number of older women at risk of experiencing poverty and homelessness. 2021 Level: beginner Women's economic wellbeing in older age   Women in Economics Network Australia Edited by two of the foremost academics in the field, the volumes comprise insightful and original contributions from scholars across the world. The encyclopaedic breadth and scope of the original entries will make these reference books an invaluable source of knowledge for all serious students and scholars of the history of economic thought. 2016 Level: beginner Handbook on the History of Economic Analysis, Volume 1: Great Economists since Petty and Boisguilbert Faccarello, Gilbert; Kurz, Heinz D. Cheltenham The new edition of this classroom classic retains the organizing theme of the original text, presenting the development of thought within the context of economic history. 2015 Level: advanced History of Economic Thought E. K. Hunt, Mark Lautzenheiser Routledge

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