What is money and how does it work? The short film reveals common misunderstandings of where money comes from, explains how money is created by banks and presents consequences of money as credit. The video is part of the campaign positive money, promoting the democratic control over money creation. 2013 Level: debutante What is money?   Positive Money This video by the Khan Academy presents the difference between monetary policy and fiscal policy and how they affect aggregate demand. The video especially elaborates on the basic explanation on how expansionary monetary policy increases aggregate demand via the market for money and the AD-AS model. 2012 Level: debutante Monetary and fiscal policy | Aggregate demand and aggregate supply | Macroeconomics   Khan Academy In this keynote speech, Roger Backhouse gives a historical overview of theories on secular stagnation: how it evolved from a description of the economic situation, especially in the U.S. of the 1930s to an analytical tool and then lost importance until its current revival. Backhouse touches upon the contributions of J. A. Hobson, Alvin Hansen, Evsey Domar and Paul Samuelson. 2015 Level: adelantado Theories of stagnation in historical perspective Roger Backhouse IMK John K. Galbraith recounts episodes in the history of money such as the creation of the bank of Amsterdam, John Law's fraudulent Bank Royal, the inception of the Bank of England and of the Federal Reserve to illustrate concepts such as money creation by commercial banks, the bank rate, open market operations or the money supply in general. The emotions, myths and struggles surrounding money are addressed and explained in a clear and consistent manner. 1977 Level: debutante The Age of Uncertainty Episode 6 The Rise and Fall of Money John Kenneth Galbraith BBC, CBC, KCET and OECA Maria Nikolaidi on how Minsky’s theory has been modelled over past decades and how one can use these models in order to analyse contemporary issues such as financial fragility and financial instability caused by climate change. 2016 Level: adelantado Minsky's theory about financial fragility and financial instability Maria Nikolaidi IMK 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: adelantado Introduction to Post-Keynesian Economics Eckhard Hein IMK In this short video 'Raghuram Rajan’s Dosa Economics Explained', the famous theory of Dr. Raghuram Rajan, ex-governor of Reserve Bank of India (RBI), Dosa Economics, has been explained using a very simple example of Dosa ( a delicacy of India). Here, Dr. Raghuram Rajan tries to explain that low interest rate and low inflation is much better than high interest rate and high inflation. 2018 Level: debutante Raghuram Rajan’s Dosa Economics Explained Raghuram Rajan scroll.in Ever wondered how a rap battle between John Maynard Keynes and F.A. Hayek would sound like? 2010 Level: debutante Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle! Emergent Order Emergent Order This book makes the case that economies are complex systems and in response to this, develops a unique dynamic nonequilibrium process analysis of macroeconomics. 2006 Level: adelantado Shaking the Invisible Hand B. Moore Palgrave Macmillan UK 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: adelantado Monetary Macroeconomics Fredrick Zhou; John Smithin INET