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The Money View Symposium was hosted by YSI on 5-7 February, 2021. The Symposium showcased the work of scholars and practitioners that make use of the so-called Money View, ranging from economists to lawyers, politicians and social scientists at large. The symposium aims to illuminate the main tenets of the Money View and to demonstrate its juxtaposition to the mainstream.
In this webinar for the Princeton Bendheim Center for Finance, Nobel Prize winner William Nordhaus explains the main problems regarding the economics of a low-carbon energy transition.
The Trialogue is a podcast about combining historic ideas of the high-culture of the Inca and modern problems. The three authors each put their own perspectives of the topic and show insights into their actual view of economics.
The infographic focuses on women's hidden work that goes unrewarded due to the patriarchal setup and how it can be economically analysed. The article on which the infographic is based is written in an Indian context, although the phenomenon isn't confined to a single nation alone.
How can we get people to save more money eat healthy foods engage in healthy behaviors and make better choices in general There has been a lot written about the fact that human beings do not process information and make decisions in an optimal fashion This course builds on much …
In this course you will study the different facets of human development in topics such as education health gender the family land relations risk informal and formal norms public policy and institutions While studying each of these topics we will delve into the following questions What determines the decisions of …
This course seeks to interpret capitalism using ideas from biological evolution. The lectures are foundational on neoclassical economics and economist, as well as their roles in the proliferation of capitalist ideology. However, it is less concerned with the ultimate judgment of capitalism than with the ways it can be shaped to fit more specific objectives.
Foundational economy is the most important concept you have never heard of. The foundational encompasses material utilities like water, gas and electricity and providential services like education, health and care. Taken together, these services matter economically and politically because they are the collectively consumed infrastructure of everyday life, the basis of civilization and should be citizen rights.
This reports presents empirical findings of research conducted by Michelle Holder, assistant professor of economics at John Jay College, City University of New York, with regard to the impact of what she terms a "double gap"- gender wage gap and ethnic minority wage gap - on the U.S. labour market.
Professor David Harvey presents a complete visual representation of the flow of capital in all its forms. Similar to the Water Cycle diagrams, Harvey models the economics of production, consumption, human reproduction, labor, private business, and government redistribution.
In the course Sociology and Socialism, students engage with classical theories of socialism as well as their applications in a variety of historical and international contexts. Staunchly interdisciplinary, the course utilizes expertise in philosophy, history, economics, sociology, anthropology and political theory.
In most economics classes we focus on the production and consumption of goods and services, but what happens to the product and its packaging after it’s consumed? Waste disposal is a crucial step in the production process and as the theme of this month’s World Environment Day is #BeatPlasticPollution, we use the example of plastic bottles.
Game theory is the standard quantitative tool for analyzing the interactions of multiple decision makers. Its applications extend to economics, biology, engineering and even cyber security.
Financial Evolution at the Speed of Thought A new evolutionary explanation of markets and investor behaviorHalf of all Americans have money in the stock market yet economists can t agree on whether investors and markets are rational and efficient as modern financial theory assumes or irrational and inefficient as behavioral …
Since 2007, central banks of industrialized countries have counteracted financial instability, recession, and deflationary risks with unprecedented monetary policy operations. While generally regarded as successful, these measures also led to an exceptional increase in the size of central bank balance sheets. The book first introduces the subject by explaining monetary policy operations in normal times, including the key instruments (open market operations, standing facilities, reserve requirements, and the collateral framework).
Our public services are in dire need of investment. But in the middle of a debate over competing spending plans, isn’t it also time to ask what we want our public services to actually do for us? That’s the view of group of economists and campaigners who are pushing for something called ‘Universal Basic Services’ – a radical expansion of high-quality public services for all to areas like transport, childcare and social care.
This brilliantly concise book is a classic introduction to Marx’s key work, Capital. In print now for over a quarter of a century, and previously translated into many languages, the new edition has been fully revised and updated, making it an ideal modern introduction to one of the most important texts in political economy.
There are three things one can do on this website - 1. Learn 2. Help Teach 3. Sign up for the MOOC.
A previously unpublished collection of Rodney's essays on Marxism, spanning his engagement with of Black Power, Ujamaa Villages, and the everyday people who put an end to a colonial era
Microeconomics: A Critical Companion offers students a clear and concise exposition of mainstream microeconomics from a heterodox perspective.
This course is an introduction to macroeconomics with a specific focus on the euro area. The theoretical part provides a critical presentation of the two key macroeconomic models: the (neo)classical approach and the Keynesian approach. This allows a comparative analysis of important macroeconomic topics:
- unemployment
- inflation
- government debt and Modern Monetary Theory
- banks and financial crises.
The policy-oriented part discusses the monetary policy of the ECB and the specific challenges for fiscal policy in the euro area. The course also presents other euro area specific topics: Optimum currency area, euro crises, Next Generation EU and Green New Deal.
To explain the pronounced instability of the world economy since the 1970s, the book offers an important and systematic theoretical examination of money and finance.
Immanuel Wallerstein provides a concise and accessible introduction to the comprehensive approach that he pioneered thirty years ago to understanding the history and development of the modern world.
Improving Decisions About Health Wealth and Happiness Now available Nudge The Final Edition The original edition of the multimillion copy New York Times bestseller by the winner of the Nobel Prize in Economics Richard H Thaler and Cass R Sunstein a revelatory look at how we make decisions for fans …
The book’s central theme is to develop a new theory of speculative capital related to other forms of capital, the world market, and the state. Unlike most marxist and heterodox theories, the book distinguishes credit and fictitious capital from speculative capital to show its hegemony today in the capital markets.
Whiteness is a process of learning: one is not born white, but becomes one. In this rich and compelling volume, Sriprakash, Rudolph and Gerrard offer a meticulous (and eye-opening) reading of educational experiences and structures that endorse systemic racism.
In the second video of the series Investigating International Finance, an alternative view on capital controls is given contrasting with the paradigm of classical trade theory which suggests that the removal of trade and capital barriers is associated with higher market efficiency. After explaining the conceptual mechanisms underlying capital controls, examples are introduced where countries actually apply capital controls and how these controls have been associated with a lesser exposure to international financial crises spillovers.
In the second video of the series Investigating International Finance, an alternative view on capital controls is given contrasting with the paradigm of classical trade theory suggesting that the removal of trade and capital barriers is associated with higher market efficiency. After explaining the conceptual mechanisms underlying capital controls, examples are introduced where countries actually apply capital controls and how these controls have been associated with a lesser exposure to international financial crises spillovers.
Snow removal, ambulance transport, and school performance -the film aims at illustrating the principles of gender mainstreaming through concrete examples.
What is “equitable growth” and how do we measure it? A better understanding of equitable growth—and how to measure it—can improve our understanding, inform decisions and lead to better outcomes for all.
This presentation looks at the basic idea of Marxism, specifically the conflict between the different classes in society.
In this short video behavioural economist, Dan Aerily talks about how our cognitive illusions will trick us into believing something that is otherwise deemed irrational by the homo economicus. It raises and probes into some very interesting questions that defy the neoclassical rational behaviour.
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