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This course is part of the SDG initiative addressing the UN Sustainable Development Goals, specifically for the following SDGs [1, 8, 10 and 16]. Level: beginner Political Economy of Institutions and Development Richard Thomas Griffiths Universiteit Leiden Mr Minsky long argued markets were crisis prone His moment has arrived The Wall Street Journal In his seminal work Minsky presents his groundbreaking financial theory of investment one that is startlingly relevant today He explains why the American economy has experienced periods of debilitating inflation rising unemployment and marked … 2008 Level: advanced Stabilizing an Unstable Economy Hyman Minsky McGraw Hill Professional The climate crisis is not primarily a problem of ‘believing science’ or individual ‘carbon footprints’ – it is a class problem rooted in who owns, controls and profits from material production. As such, it will take a class struggle to solve. In this ground breaking class analysis, Matthew T. Huber argues that the carbon-intensive capitalist class must be confronted for producing climate change. 2022 Level: beginner Climate Change as Class War Matthew T. Huber Verso Books The text presents a short perspective of International Political Economy, which "have often sought to complement discussions of governance with a healthy dose of critique", on resistance against e.g. economic inequality or economic and political power. 2017 Level: beginner Resistance James Brassett I-PEEL Multimedia dossier on unpaid labor (featuring the UK statistics office unpaid work calculator), migrant care labor and feminist political economy more generally. 2017 Level: beginner Housework – I-PEEL.org Sedef Arat-Koç I-PEEL On July 2020 ZOE-Institute published a unique platform for transformative policymaking: Sustainable Prosperity. Building on insights from new economic thinking the platform provides knowledge about ideas, arguments and procedures that support effective promotion of political change. It aims to strengthen change makers in public policy institutions, who are working on an ambitious green and just transition. As such, it provides convincing arguments and policy ideas to overcome the reliance of economic policy on GDP growth Level: beginner Sustainable Prosperity   ZOE Capitalism is dissolving boundaries - not only in the sense of ever-expanding global trade flows, but also in the concrete everyday working lives of individuals. What implications does this have for our understanding of freedom, work and borders? Level: beginner Capitalism & Boundaries   Netzwerk Plurale Ökonomik e.V. Der Klimawandel dürfte die globalen Migrationsbewegungen in den kommenden Jahren deutlich verstärken – was die Politik gleich an mehreren Fronten unter Handlungsdruck setzt. Level: beginner Ob Klima-Migration ein Sicherheitsrisiko oder eine Chance darstellt, liegt in den Händen der Politik Barbora Sedova Economists for Future The world is coping with a global disaster, as the new Coronavirus takes a toll on many lost lives and a severe impact on economic activity. To provide a long-run perspective, this column documents the international response to a variety of disasters since 1790. Based on a new comprehensive database on loans extended by governments and central banks, official (sovereign-to-sovereign) international lending is much larger than generally known. Official lending spikes in times of global turmoil, such as wars, financial crises or natural disasters. Indeed, in these periods, official capital flows have repeatedly surpassed total private capital flows in the past two centuries. Wars, in particular, were accompanied by large surges in the volume of official cross-border lending. 2020 Level: advanced Coping with disasters: Lessons from two centuries of international response Sebastian Horn, Carmen Reinhart, Christoph Trebesch VOX CEPR Policy Portal It is fiercely debated when exactly the growth set off and what the drivers of Indian growth were. Scott Alexander summarises some of the recent literature on this question, demonstrating that not only the liberalisation policies of the 90s might be the driver of the take-off, but potentially public investments, political developments or cultural shifts. 2019 Level: beginner Indian Economic Reform: Much More Than You Wanted To Know Scott Alexander Slate Star Codex Trade disputes are usually understood as conflicts between countries with competing national interests, but as Matthew C. Klein and Michael Pettis show in this book, they are often the unexpected result of domestic political choices to serve the interests of the rich at the expense of workers and ordinary retirees. 2020 Level: advanced Trade Wars Are Class Wars Matthew C. Klein & Michael Pettis Yale University Press "Specialise!" is the advice often given by career advisers, school teachers and the like. David Epstein takes the opposite position: In an ever more specialised, highly complex world, it pays to have good old-fashioned broad common knowledge in as many areas as you take interest in, both in terms of intellectual curiosity and professional success. To have a decent grasp of various aspects of life means to be able to discern the links between them, thus developing a better understanding of how our world works and what drives events as they unfold. 2020 Level: beginner Range David Epstein Penguin LCC US What data is used in the economic models of the IPCC? How problematic is it, that tipping points are often ignored? A very interesting presentation by Steve Keen during the OECD Conference "Averting Systemic Collapse". 2019 Level: beginner Averting Systemic Collapse Steve Keen ZOE. Institute for future-fit economies "Bank Underground" is the staff blog of the Bank of England, founded to publish the views and insights of the people working for one of the world's oldest central banks. The blog covers a wide range of macroeconomic topics, mostly linked to the effects of monetary policy, of course, but not all the time. It provides timely, relevant analysis of contemporary challenges in economic policy and is thus often a perfect primer. Level: advanced Bank Underground Various staff of the 'Old Lady in Threadneedle Street' Bank of England staff blog Beyond Growth is a collection of educational materials offering a reflection on growth. It was created as a joint project of the associations Fairbindung e. V. and Konzeptwerk Neue Ökonomie, both based in Germany. The page provides learning materials and methods  to stimulate thinking about the conditions of our current economy as well as possible alternatives. 2016 Level: beginner Beyond Growth - Educational Materials for a Socio-ecological Transformation   Fairbindung e.V. & Konzeptwerk Neue Ökonomie This film looks at the role economic growth has had in bringing about this crisis, and explores alternatives to it, offering a vision of hope for the future and a better life for all within planetary boundaries. 2020 Level: beginner Fairytales of Growth Pierre Smith Khanna Fairy Tales of Growth 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 Photo by Alina Grubnyak on Unsplash Networks are ubiquitous in our modern society The World Wide Web that links us to and enables information flows with the rest of the world is the most visible example It is however only one of many networks within which we are situated Our … Level: beginner Networks Daron Acemoglu; Asu Ozdaglar Massachusetts Institute of Technology A short course introducing co-operative firms, in the context of the Candian economy where various forms of co-operative make up a significant sector of the economy. The course offers foundational knowledge about co-operatives, explaining what they are and how they operate. Level: beginner Coops 101 Dr. Marc-Andre Pigeon University of Saskatchewan Heterodox Macroeconomics offers a detailed understanding of the foundations of the recent global financial crisis 2009 Level: advanced Heterodox Macroeconomics Jonathan P. Goldstein, Michael G. Hillard Routledge Heterodox Macroeconomics offers a detailed understanding of the foundations of the recent global financial crisis. 2009 Level: advanced Heterodox Macroeconomics Goldstein, Jonathan P.; Hillard, Michael G Routledge Foreign exploitation of economic crises in the developing world has been a central claim of neoliberal critics. This important and recurring international theme is the subject of closer scrutiny in this new collection, where contributors offer competing interpretations of the interaction between international and domestic forces after crises. 2008 Level: advanced Power and Politics after Financial Crises Robertson, Justin Palgrave Macmillan Thinking in Systems, is a concise and crucial book offering insight for problem solving on scales ranging from the personal to the global. Edited by the Sustainability Institute's Diana Wright, this essential primer brings systems thinking out of the realm of computers and equations and into the tangible world, showing readers how to develop the systems-thinking skills that thought leaders across the globe consider critical for 21st-century life. 2015 Level: advanced Thinking in Systems Donella H. Meadows Chelsea Green Publishing Co Macroeconomics in Context: A European Perspective lays out the principles of macroeconomics in a manner that is thorough, up to date, and relevant to students. With a clear presentation of economic theory throughout, this latest addition to the bestselling "In Context" set of textbooks is written with a specific focus on European data, institutions, and historical events, offering engaging treatment of high-interest topics, including sustainability, Brexit, the euro crisis, and rising inequality. Policy issues are presented in context (historical, institutional, social, political, and ethical), and always with reference to human well-being. 2018 Level: advanced Macroeconomics in Context Sebastian Dullien, Neva Goodwin, Jonathan M. Harris, Julie A. Nelson, Brian Roach, Mariano Torras Routledge 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 The dominant view of inflation holds that it is macroeconomic in origin and must always be tackled with macroeconomic tightening. In contrast, we argue that the US COVID-19 inflation is predominantly a sellers’ inflation that derives from microeconomic origins, namely the ability of firms with market power to hike prices. 2023 Level: expert Sellers’ Inflation, Profits and Conflict: Why can Large Firms Hike Prices in an Emergency? Isabelle M. Weber Evan Wasner UMass Amherst This lecture offers a general and introductory overview of the theory of racial capitalism, focusing on the origins of racial capitalism and some of the debates it has generated. 2021 Level: beginner Introduction to Racial Capitalism Alana Lentin n.a. 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 Lester O. Bumas M.E. Sharpe The 2007–08 credit crisis and the long recession that followed brutally exposed the economic and social costs of financialization. Understanding what lay behind these events, the rise of “fictitious capital” and its opaque logic, is crucial to grasping the social and political conditions under which we live. Yet, for most people, the operations of the financial system remain shrouded in mystery. 2017 Level: advanced Fictitious Capital Cedric Durand Verso This course attempts to explain the role and the importance of the financial system in the global economy. Rather than separating off the financial world from the rest of the economy, financial equilibrium is studied as an extension of economic equilibrium. The course also gives a picture of the kind of thinking and analysis done by hedge funds. 2009 Level: beginner Financial Theory John Geanakoplos Yale University 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 Petter Johansson TED Talk Planet Money and The Indicator aim to explain current economic events in an easy, fun and accessible manner. 2008 Level: beginner Planet Money Amanda Aronczyk, Mary Childs, Karen Duffin, Jacob Goldstein, Sarah Gonzalez, and Kenny Malone https://www.npr.org/

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