In this keynote lecture during the conference „The Spectre of Stagnation? Europe in the World Economy“, Till van Treek presents research on how changes in income distribution lead to macroeconomic instability and crisis, focusing on currents accounts. Treek presents the relative income hypothesis in contrast to other mainstream and Post-Keynesian explanations. The relative income hypothesis proposes that aggregate demand increases and savings decrease with rising personal income inequality due to upward looking status comparison – but effects depend on the quantile where income inequality increases. Treek points to the importance of accounting for both income and functional income distribution and underlines his arguments with data comparing different pattern in Germany and the U.S. 2015 Level: expert Macroeconomics of inequality & instability - Inequality, imbalances and the crisis Till van Treeck IMK Keen first compares neoclassical approaches to modelling with heterodox ones. Then he discusses in length the required assumptions and the inconsistencies of the aggregate demand and supply model, which is extrapolated from a micro perspective. At the end some dynamic models with feedback mechanisms are shown. 2016 Level: advanced The Mainstream Obsession with Microfoundations and why it is an intellectual dead-end Steve Keen ProfSteveKeen This lecture by Prof. Dr. Eckhard Hein is part of the Introductory Lectures on Heterodox Economics at the 20th FMM Conference in 2016. It gives a good overview about where Post-Keynesian Economics can be located and what it is all about. 2016 Level: advanced Introduction to Post-Keynesian Economics Eckhard Hein IMK Inequality is an issue we all face every day, from income disparities to gender discrimination. In this first lecture in the Institute for New Economic Think... 2020 Level: beginner Inequality 101 with Branko Milanovic & Arjun Jayadev Branko Milanovic & Arjun Jayadev Institute for New Economic Thinking Exploring Economics, an open-access e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods. 1997 Level: advanced Time to Ditch the NAIRU James K. Galbraith American Economic Association This course will survey contemporary heterodox approaches to economic research, both from a microeconomic and a macroeconomic perspective. Topics will be treated from a general, critical, and mathematical standpoint. 2021 Level: advanced Heterodox Approaches to Economics Daniele Tavani Colorado State University This invaluable volume brings together seminal articles with a significant behavioural content on various areas in macroeconomics. 2012 Level: advanced Behavioural Macroeconomics Ian Martin McDonald Edward Elgar The U.S. economy today is confronted with the prospect of extended stagnation. This book explores why. Thomas I. Palley argues that the Great Recession and destruction of shared prosperity is due to flawed economic policy over the past thirty years. 2012 Level: advanced From Financial Crisis to Stagnation Thomas I. Palley Cambridge University Press Source image New Economic Thinking Youtube channel Some years ago in the aftermath of the great financial crisis GFC of the first decade of the twentieth century Paul Krugman famously remarked that most macroeconomics of the last thirty years was spectacularly useless at best and positively harmful at worst It … Level: advanced Monetary Macroeconomics Fredrick Zhou; John Smithin INET Learn the basics of microeconomics including supply and demand of commodities and how equilibrium in the market affects price Joon Koo Lee edX Seoul National University Level: beginner Introduction to Economics - Part 1: Microeconomics Joon Koo Lee Seoul National University