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 Evolutionary economics focuses on economic change. Hence processes of change such as growth, innovation, structural and technological change, as well as economic development in general are analysed. Evolutionary economics often gives emphasis to populations and (sub-)systems. Evolutionary Economics     Over the last decade, the world's largest corporations - from The Coca Cola Company to Amazon, Apple to Unilever - have taken up the cause of combatting modern slavery. Yet, by most measures, across many sectors and regions, severe labour exploitation continues to soar. Corporate social responsibility is not working. Why? 2020 Level: beginner Combatting Modern Slavery Genevieve LeBaron Polity Press Is or has economics ever been the imperial social science? Could or should it ever be so? These are the central concerns of this book. It involves a critical reflection on the process of how economics became the way it is, in terms of a narrow and intolerant orthodoxy, that has, nonetheless, increasingly directed its attention to appropriating the subject matter of other social sciences through the process termed "economics imperialism". 2009 Level: advanced From Economics Imperialism to Freakonomics Ben Fine, Dimitris Milonakis Routledge Galbraith gives an overview of economic history from the 18th century until the end of the 19th century covering issues such as the industrial revolution the enclosure of the Scottish highlands the Irish famine and the colonization of North America Additionally the ideas of economists such as Smith Ricardo Malthus … Level: beginner The Age of Uncertainty Episode 1 - The Prophets and Promise of Classical Capitalism John Kenneth Galbraith BBC, CBC, KCET and OECA The Covid-19 pandemic has laid bare the deep structural rifts in modern capitalist economies. It has exposed and exacerbated the long-lasting systemic inequalities in income, wealth, healthcare, housing, and other aspects of economic success across a variety of dimensions including class, gender, race, regions, and nations. This workshop explores the causes of economic inequality in contemporary capitalist economies and its consequences for the economy and society in the post-pandemic reality, as well as what steps can be taken to alleviate economic inequality in the future. Drawing from a variety of theoretical and interdisciplinary insights, the workshop encourages you to reflect on your personal experiences of inequality and aims to challenge the way in which the issue is typically approached in economics. 2022 Level: beginner Inequality in the Post-pandemic Era Hanna Szymborska Summer Academy 2022 for Pluralist Economics Recent events such as the Black Lives Matter protests the the murder of George Floyd in Minneapolis US and the toppling of the statue of Edward Colston in Bristol UK have exposed existing racism colonialism and sexism in our society and in Economics While calls to improve diversity in Economics … 2021 Level: beginner Decolonising Economics in Practice Dr. Danielle Guizzo, Dr. Devika Dutt, Dr. Surbhi Kesar, Dr. Amir Lebdioui Exploring Economics The world has seen the emergence of a rather different system of international lender of last resort organized as a network of central bank liquidity swap lines largely limited to the core countries of the Global North In this system central banks swap their own currency for dollars which they … 2021 Level: expert “Where’s My Swap Line?”: A Money View of International Lender of Last Resort Perry Mehrling Boston University Global Development Policy Center This syllabus opens a literary overview of must-read papers in the field of development economics. 2022 Level: beginner Development Economics Rukmini Thapa Summer Academy 2022 for Pluralist Economics The present working paper is dedicated to fill a void in the degrowth literature related to the aspect of planning to achieve post-growth models of societies. The authors propose a new framework that focuses on non-market forms of planning and propose multi-level planning institutions to mediate the local level with society-wide and global institutions. 2023 Level: advanced Planning beyond growth. The case for economic democracy within limits Cédric Durand, Elena Hofferberth, Matthias Schmelzer Archive ouverte UNIGE Green Growth has been increasingly discussed as a solution to the socio-ecological crisis. But can economic growth be sustainable at all? 2022 Level: beginner Is Green Growth a myth?   Netzwerk Plurale Ökonomik e.V. 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 Thorsten Hens, Klaus Reiner Schenk-Hoppé North Holland Thirty-years of economic transformation has turned China into one of the major players in the global capitalist economy. However, its economic growth has generated rising problems in inequality, alienation, and sustainability with the agrarian crises of the 1990s giving rise to real social outcry to the extent that they became the object of central government policy reformulations. 2015 Level: advanced Social Economy in China and the World Ngai Pun, Ben Hok-bun Ku, Hairong Yan, Anita Koo Taylor & Francis Ltd Racism and discrimination have choked economic opportunity for African Americans at nearly every turn. In From Here to Equality, William Darity Jr. and A. Kirsten Mullen confront these injustices head-on and make the most comprehensive case to date for economic reparations for U.S. descendants of slavery. 2020 Level: advanced From Here to Equality William A. Darity Jr., A. Kirsten Mullen The University of North Carolina Press 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. 2018 Level: beginner Foundational Economy Karel Williams, Julie Froud, Sukhdev Johal, Michael Moran, Angelo Salento, Davide Arcidiacono, Filippo Barbera, Andrew Bowman, John Buchanan, Sandra Busso, Joselle Dagnes, Joe Earle, Ewald Engelen, Peter Folkman, Colin Haslam, Ian Jones, Darlo Minerv Manchester University Press In this new book Smith returns to Solow s classic productivity paradox which essentially states that we can see automation everywhere like the spheres of leisure sociality and politics but not in the productivity statistics He examines why labor saving automation in the service age in the Global North has … 2020 Level: advanced Smart Machines and Service Work Jason E. Smith Reaktion Books Christopher Hayes examines the causes and consequences of the uprisings, from the city’s history of racial segregation in education, housing, and employment to the ways in which the police both neglected and exploited Black neighborhoods. 2021 Level: advanced The Harlem Uprising Christopher Hayes Columbia University Press 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 Troy Vettese, Drew Pendergrass Verso Books Geographical economics starts from the observation that economic activity is clearly not randomly distributed across space. This revised and updated introduction to geographical economics uses the modern tools of economic theory to explain the who, why and where of the location of economic activity. The text provides an integrated, first-principles introduction to geographical economics for advanced undergraduate students and first-year graduate students, and has been thoroughly revised and updated to reflect important developments in the field, including new chapters on alternative core models and policy implications. 2009 Level: advanced The New Introduction to Geographical Economics Steven Brakman, Harry Garretsen, Charles van Marrewijk Cambridge University Press Contributors attempt to reconcile two major strands of thinking in economic methodology: the rhetoric of economics as advocated by Deirdre McCloskey, and the sociological approach. 1997 Level: advanced Pluralism in Economics Andrea Salanti, Ernesto Screpanti Edward Elgar 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 2022 Level: beginner Decolonial Marxism Walter Rodney Verso Books Due to the economic crisis of 2008/2009, households faced drastic decreases in their incomes, the availability of jobs. Additionally, the structure of the labour market changed, while austerity measures and public spending cuts left households with less support and safeguards provided by the state. How have these developments affected the burden of unpaid labour and what influence did this have on gender relations? 2017 Level: beginner The effect of austerity on unpaid work and gender relations in Europe Lotte Maaßen Exploring Economics Health Economics traditionally involves two distinct strands. One focuses on the application of core  neoclassical economic theories of the firm, the consumer and the market to health-seeking behaviour  and other health issues. It suggests a role for government intervention only in the case of specific  market failures (for example externalities, asymmetric information, moral hazard, and public goods)  that distort market outcomes. The second strand is evaluation techniques, used to assess the cost effectiveness of competing health interventions. 2022 Level: beginner Health Economics Julia Ngozi Chukwuma Summer Academy 2022 for Pluralist Economics The outbreak of COVID-19 has substantially accelerated the digitalization of the economy. Yet, this unprecedented growth of digital technology brought novel challenges to the labour market. Rise in income inequalities and precarious working conditions or polarization of jobs. In this essay, we try to assess what tools to use to counter these trends. 2021 Level: beginner Post-pandemic future of work - How does digitization impact labour? Neha Chauhan, Miguel Corredera, Krystian Lukasik, Filipa Reis Exploring Economics The term "de-risking" can be seen as one element of a strategy aimed at discursively reframing the trade policy confrontation with China. This confrontation has mainly been driven by the US in recent years and received initially cautious, but later growing support from the EU. 2023 Level: beginner De-risking, de-coupling, de-globalization? Samuel Decker Exploring Economics If there’s one method economists have neglected the most, it’s qualitative research. Whereas economists favour mathematical models and statistics, qualitative research seeks to understand the world through intensive investigation of particular circumstances, which usually entails interviewing people directly about their experiences. While this may sound simple to quantitative types the style, purpose, context, and interpretation of an interview can vary widely. Because of this variety, I have written a longer post than usual on this topic rather than doing it a disservice. Having said that, examples of qualitative research in economics are sadly scant enough that it doesn’t warrant multiple posts. In this post I will introduce qualitative research in general with nods to several applications including the study of firm behaviour, race, Austrian economics, and health economics. More than usual I will utilise block quotes, which I feel is in the spirit of the topic. 2020 Level: beginner Qualitative Methods in Economics: "You Can Observe a Lot Just by Watching" Cahal Moran Rethinking Economics After completing the module, participants should be able to have general overview on the theory of commons. They can differentiate between neoclassical, new institutional and social/critical commons theory and can use these theories to assess real life common-pool resource management and commoning pratices. 2021 Level: beginner Future of Commons Simon Sutterlütti und Stefan Meretz Summer Academy for Pluralist Economics Michael Kalecki famously remarked “I have found out what economics is; it is the science of confusing stocks with flows”. Stock-Flow Consistent (SFC) models were developed precisely to address this kind of confusion. The basic intuition of SFC models is that the economy is built up as a set of intersecting balance sheets, where transactions between entities are called flows and the value of the assets/liabilities they hold are called stocks. Wages are a flow; bank deposits are a stock, and confusing the two directly is a category error. In this edition of the pluralist showcase I will first describe the logic of SFC models – which is worth exploring in depth – before discussing empirical calibration and applications of the models. Warning that there is a little more maths in this post than usual (i.e. some), but you should be able to skip those parts and still easily get the picture. 2020 Level: beginner Stock Flow Consistent Macroeconomics Cahal Moran Rethinking Economics Caring activities are one central element of feminist economists' analysis – also since in particular unremunerated work is a blind spot in mainstream economics and most other economic paradigms. Those focus on the market sphere: activities are considered as productive and as real labour if they are remunerated and market-intermediated. Goods and services are considered as labour if they create a value which can be traded on the market. Feminist Economics remarks that this perspective creates certain dichotomies and consequent devaluations: unproductive – productive; private – public; unpaid – remunerated OR paid less – well paid; female – male; soft work – hard work; caring – rationality. 2016 Level: beginner Reproductive Labour and Care Exploring Economics Exploring Economics Commons stand for a plurality of practices ‘beyond market and state’ as the famous Commons scholar – and first female noble prize winner of economics - Elinor Ostrom put it. Their practice and theory challenge classical economic theory and stand for a different mode of caring, producing and governing. Within this workshop we want to dive into theory, practice and utopia of Commons following four blocks... 2022 Level: beginner The Future of Commons Friederike Habermann & Simon Sutterlütti, Summer Academy 2022 for Pluralist Economics This edited volume put together by Jimi Adesina based on the proceedings of the Social Policy in African Conference in 2017 provides an overview of social policy in varied country contexts and fields especially in light of decades of the reduction in size and hollowing out of the content of … 2021 Level: advanced Social Policy in the African Context Jimi O. Adesina African Books Collective 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.