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"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
"Could a cooperative market economy, in which firms are owned and controlled by their workers, be a viable and efficient alternative to capitalism?"
Level: beginner
Economic Democracy: The Cooperative Alternative
This course introduces the main topics in Econometrics by using R statistical software. The relation of themes is comprehensive and includes the basic notions such as linear regression, multiple regression, causal inference, regression discontinuity and instrumental variable. In total, the course covers thirteen chapters that are common in any undergraduate econometrics course.
2020
Level: advanced
Introduction to Econometrics with R
Max Krahé explains the role of economic planning for a green transition.
2022
Level: advanced
The Whole Field - Markets, planning, and coordinating the green transformation
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
Source image GC Videography Fellows Youtube channel David Harvey davidharvey org City University of New York
Level: advanced
Marx and Capital: The Concept, The Book, The History
The chi-square distribution is used to test a hypothesis. Therefore, expected values are related to observed values using a chi-square distribution. Then using p-value tables the hypothesis is tested at a 5% significance level.
2010
Level: beginner
Pearson's chi square test (goodness of fit) | Probability and Statistics | Khan Academy
Based on Modern Money Theory (MMT), Stephanie Kelton compares the cryptocurrency to the fiat money system (or simply what we have today).
2017
Level: beginner
Cryptocurrency and Fiat Money
Nancy Fraser starts out by introducing the multidmiensional cirises of the 21st century Three dimensions are especially alarming to her the ecological the financial and social aspects of the crisis Fraser then revives the ideas of Karl Polanyi which he first presented in his 1944 book The great transformation She …
2013
Level: advanced
Can societies be commodities all the way down?
There are three things one can do on this website - 1. Learn 2. Help Teach 3. Sign up for the MOOC.
2013
Level: beginner
Econometrics Academy
This book offers the first systematic analysis of economic thought concerning war.
2020
Level: advanced
War in Economic Theories over Time
When you notice inequality in your everyday life do you ever wonder where it comes from and what keeps it going This sociology course introduces you to core concepts of class gender and racial inequality and an approach to studying complex forms of inequality called intersectionality Featuring interviews with top …
Level: beginner
Global Inequality
The New Mulit Purpose Mobility Solution All in on socially responsible ride share and delivery app This lecture was held in the context of the a two day conference called Which pluralism for thinking about how to achieve a more sustainable and resilient economy The practices institutions and system logics …
2021
Level: beginner
The New Mulit-Purpose Mobility Solution
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2019
Level: advanced
Pluriverse
The world is still feeling reverberations from the financial crisis of 2008 foreseen by neither politicians nor economists The history of capitalism has been punctuated by major crises exposing the fragility of our entire economic system How has capitalism despite these ruptures managed to each time resurface more resilient and …
Level: beginner
The Global Financial Crisis
Photo by Kaitlyn Ashley on Unsplash The world is still feeling reverberations from the financial crisis of 2008 foreseen by neither politicians nor economists The history of capitalism has been punctuated by major crises exposing the fragility of our entire economic system How has capitalism despite these ruptures managed to …
2012
Level: beginner
The Future of Capitalism
In this short video Peter Reich illustrates seven aspects of the state of the US economy. He provides suggestions on how to to get started to move towards a more fair distribution of wealth.
2019
Level: beginner
Everything You Need to Know About the New Economy
This talk is an exploration of a feminist centred world, where women's labour, women's energy, women's contributions to the economy are not a side event but the main event.
2020
Level: beginner
Feminist economics is everything. The revolution is now!
In this interview Mariana Mazzucato talks about economic actions governments need to take facing the Corona-crisis. Using the example of Britain, she argues that governmental bailouts need to be bound to commitment to sustainability.
2020
Level: beginner
Mariana Mazzucato on New Economic Approaches
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
Ride hailing home sharing meal delivery and other forms of digitally powered task sharing are creating jobs and growth in Europe and significant policy challenges What should be the responsibilities of these new platforms how should workers be classified and how can insurers and others provide services to this new …
2020
Level: advanced
Europe’s Collaborative Economy
New challenges require new approaches. Is economics part of the problem or part of the solution? Probably both.
2021
Level: beginner
Diversifying Economics - an Introduction
Tetteh Hormeku-Ajei, member of the Post-Colonialisms Today Working Group, discusses the role of the state in Africa during the COVID-19 pandemic.
2020
Level: beginner
The Central Role of the State in Responding to COVID-19
Mitch Jeserich interviews Professor Richard D Wolff a professor of economics at the New School University in New York City Prof Wolff presents an explanatory theory of how inflation occurs in an economy Briefly profit driven employers raise the price in order to maximize profits of private corporations they own …
2022
Level: beginner
Richard Wolff On Everything You Need to Know About Inflation
Heterodox Macroeconomics offers a detailed understanding of the foundations of the recent global financial crisis.
2009
Level: advanced
Heterodox Macroeconomics
Homo sapiens is now evolving into post economy The New Economy must manage scarcity and affluence a dual problem that is not integrated into the main classical economic theories There will be an important shock between opulence described by the economist John Kenneth Galbraith in The Affluent Society and scarcity …
2017
Level: beginner
Shifting Economy
This course describes Bayesian statistics in which one s inferences about parameters or hypotheses are updated as evidence accumulates You will learn to use Bayes rule to transform prior probabilities into posterior probabilities and be introduced to the underlying theory and perspective of the Bayesian paradigm The course will apply …
Level: beginner
Bayesian Statistics
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
Donald Trump won in 2016 largely because enough voters in three states, all in the Rustbelt, which had voted for Barack Obama in both 2008 and 2012, switched their electoral votes from Democratic to Republican.
2019
Level: beginner
The Rise of Trumpism
This video explains what a co-operative is, discussing the different types, their history and purposes, before moving on to discuss the current state of the co-operative movement.
2019
Level: beginner
What is a Co-op?
In this roundtable conversation, Post-Colonialisms Today members, Omar Ghannam, Kareem Megahed and Tetteh Hormeku-Ajei, look to policies from early post-independence Africa to tackle issues exacerbated by the COVID- 19 pandemic.
2020
Level: beginner
Lessons from Africa’s past to cope with COVID-19
This dossier gives an overview of the functions and the nature of money. The concept of Islamic finance is briefly explored, too.
2015
Level: beginner
The Nature of Money

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