RETHINK
ECONOMICS
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This syllabus opens a literary overview of must-read papers in the field of development economics.
2022
Level: beginner
Development Economics
Why is money more valuable than the paper on which it is printed Monetarists link the value of money to its supply and demand believing the latter depends on the total value of the commodities it circulates According to Prabhat Patnaik this logic is flawed In his view in any …
2009
Level: advanced
The Value of Money
Renowned scholars elaborate a critique on neoclassical economics and how it was unable to predict and even favoured the financial crisis. They refer to DSGE models, equilibrium theory and rational agents – a brief insight in the critique on neoclassic economics.
2012
Level: beginner
Financial Instability Mini-Documentary
When we have to make a decision, we consider all the pros and cons, try to gather a lot of information and estimate what consequences this decision might have. And then we make an (at least somewhat) rational decision. Or do we?
2017
Level: beginner
Choice blindness
Andrew McAfee about the history of human progress and the modern uncoupling of our prosperity from resource consumption. They discuss the pitfalls and hidden virtues of capitalism, technological progress, environmental policy, the future of the developing world, and other topics.
2019
Level: beginner
The Great Uncoupling A Conversation with Andrew McAfee
This is the first intermediate microeconomics textbook to offer both a theoretical and real-world grounding in the subject. Relying on simple algebraic equations, and developed over years of classroom testing, it covers factually oriented models in addition to the neoclassical paradigm, and goes beyond theoretical analysis to consider practical realities.
1999
Level: advanced
Intermediate Microeconomics
This book contends that post Keynesian economics has its own methodological and didactic basis, and its realistic analysis is much-needed in the current economic and financial crisis.
2013
Level: beginner
Teaching Post Keynesian Economics
In this book the author develops a new approach to uncertainty in economics, which calls for a fundamental change in the methodology of economics. It provides a comprehensive overview and critical appraisal of the economic theory of uncertainty and shows that uncertainty was originally conceptualized both as an epistemic and an ontological problem.
2017
Level: advanced
Uncertainty in Economics
This live recording of the 3rd Season’s final episode is a plenary roundtable discussion at the 10th International Degrowth and 15th European Society for Ecological Economics Conference in Pontevedra with ecological economists Brototi Roy, Joshua Farley and Giorgos Kallis.
2024
Level: beginner
Degrowth – Ecological Economics – Post-development: Brothers or acquaintances?
In this talk, Virgil Henry Storr, a Research Associate Professor of Economics in the Department of Economics at George Mason University, talks about his research into to post-disaster recovery and the role that social entrepreneurship plays in rebuilding the communities and social networks that get disrupted, or entirely eliminated.
2017
Level: beginner
Community revival in the wake of disaster: Lessons in local entrepreneurship
Podcast series with six 12-minute parts introducing the the values and ideas behind our neoliberal economic system: where it came from, how it spread, and how we could do things differently.
2019
Level: beginner
Beginner’s Guide to Neoliberalism
Western sanctions on Russia after its invasion of Ukraine quickly led the Ruble to lose more than 45 percent of its value. But these days, the Russian currency is back to its pre-war value. Cameron and Adam explain the turnaround and discuss what it means for the war.
2022
Level: beginner
How the Russian Ruble Bounced Back
The ecological crisis challenges the ways to understand the links between the environment, society, and the economy. To train students to be able to think critically about the issues associated with the crisis, it is important to take multiple perspectives into account. This lecture by Economy Studies can help students develop a familiarity with the different schools of thought and conceptions that exist within economics.
2022
Level: beginner
Perspectives on the Environment - Economy Studies
John Harvey's accessible book provides a non-technical yet rigorous introduction to various schools of thought in economics. Premised on the idea that economic thinking has been stunted by the almost complete rejection of anything outside the mainstream, the author hopes that this volume will open readers' minds and lead them in new and productive directions.
2016
Level: advanced
Contending Perspectives in Economics
Why do we think that sovereign debt must be repaid--even after a major regime change--in order to maintain country creditworthiness? In a fascinating and highly original book, Odette Lienau argues that this conventional wisdom is overly simplistic and in some respects entirely wrong.
2014
Level: beginner
Rethinking Sovereign Debt
David Graeber introduces different concepts such as money and debt. He takes a historical and anthropological way of explaining the origin. This breaks with the mainstream explanation, which is used in many Economics textbooks, saying that a barter economy was before money arose.
2014
Level: advanced
Debt
The models of portfolio selection and asset price dynamics in this volume seek to explain the market dynamics of asset prices. Presenting a range of analytical, empirical, and numerical techniques as well as several different modeling approaches, the authors depict the state of debate on the market selection hypothesis.
2009
Level: advanced
Handbook of Financial Markets
'Impressive... provides a very good compendium of what are usually classified as "heterodox" development economics... an excellent volume.' Journal of International Development This important new collection tackles the failure of neoliberal reform to generate longterm growth and reduce poverty in many developing and transition economies.
2003
Level: advanced
Rethinking Development Economics
The need for the movement Black Lives Matter and the tragic events that preceded it are the clear manifestation of the problem of discrimination today, which we all intuitively perceive as a poignant socio-economic question of our times.
2021
Level: beginner
Economics of Discrimination - A CBD Perspective
The Handbook on the Economics of Conflict conveys how economics can contribute to the understanding of conflict in its various dimensions embracing world wars, regional conflicts, terrorism and the role of peacekeeping in conflict prevention. The economics of conflict is a relatively new branch of the discipline of economics.
2011
Level: advanced
Handbook on the Economics of Conflict
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.
2018
Level: advanced
Behavioral Economics

The 2007-2008 financial crisis exposed the shortcomings of mainstream economic theory with economists unprepared to deal with it. In the face of this, a major rethinking of economics seems necessary and in presenting alternative approaches to economic theory, this book contributes to the rebuilding of the discipline.

2019
Level: advanced
Alternative Approaches to Economic Theory
This book represents a new foundation for the study of microeconomics, viewed from a broad perspective that takes into account new developments at the intersections with psychology, political science, the natural sciences and philosophy.
2014
Level: beginner
Microeconomics. A fresh start
The authors show how consumers, business, the Federal Reserve, and government take into account what's going on around them to make critical decisions like buying new products, building new factories, changing interest rates, or setting budget goals. The book provides a clear roadmap to understanding the whole story behind the global economy.
2014
Level: advanced
Big Picture Economics
Popular anger against the financial system has never been higher, yet the practical workings of the system remain opaque to many people. The Heretic's Guide to Global Finance aims to bridge the gap between protest slogans and practical proposals for reform.
2013
Level: advanced
The Heretics Guide to Global Finance
Dr. Katherine Trebeck explains some reasons why we should believe the future of the economy should be a wellbeing economy.
2020
Level: beginner
Why the Future Economy has to be a Wellbeing Economy
A Plan to Save the Future from Extinction Climate Change and Pandemics A plan to save the earth and bring the good life to all In this thrilling and capacious book Troy Vettese and Drew Pendergrass challenge the inertia of capitalism and the left alike and propose a radical plan …
2022
Level: advanced
Half-Earth Socialism
What causes a recession? Told by economic historian John S. Gordon and visualized by a dancing performance, this short film focuses on emotions that are linked to recessions and recovery: fear and confidence.
2014
Level: beginner
Recession
The guides provide links to texts by Marx and Engels and present possible questions to discuss in study groups. The texts include Capial Volumes I – III, Economic & Philosophical Manuscripts or “Value, Price and Profit”.
Level: beginner
Selected Marx-Engels Study Guides
Draw me the economy gives a short introduction in the measurement of the Gross Domestic Product and Purchasing Power Parity and comments on what needs to be taken into consideration when comparing countries and mentions some shortcomings of GDP as criterion of wealth.
2016
Level: beginner
What is gross domestic product?
How was money actually invented? Where does it come from? In this first episode of a video lecture, Dirk Bezemer from the University of Groningen presents the origins of money and how it's related to debt. It's a basic historical review and you can get an idea of how money is created and how banks work. The following episodes aim at giving an overview of the last debt crisis.
2013
Level: beginner
DEBT episode 1: Debt, a great invention
The sum of squares and degree of freedom calculation from the previous videos are put into a ratio to calculate the F Value, on whose basis the null hypothesis is confirmed or rejected. If variance is higher between samples than within the null hypothesis is more likely to be rejected. The results of a numerical example are interpreted more abstractly and then tested with regards to a confidence interval and the corresponding F table.
2012
Level: beginner
ANOVA 3: Hypothesis test with F-statistic

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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.

 

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