Western sanctions on Russia after its invasion of Ukraine quickly led the Ruble to lose more than 45 percent of its value. But these days, the Russian currency is back to its pre-war value. Cameron and Adam explain the turnaround and discuss what it means for the war. 2022 Level: débutant How the Russian Ruble Bounced Back Adam Tooze interviewed by Cameron Abadi Foreign Policy Dans cette vidéo le youtuber Des économistes et des hommes présente le concept de finance fonctionnelle théorisé par Abba Lerner Pour ce dernier le déficit public ne doit pas être vu comme un fardeau pour l économie mais plutôt comme un moyen d améliorer la situation économique et sociale du … 2021 Level: débutant #23. Lerner et le déficit public Edouard Cottin-Euziol Des économistes et des Hommes, Youtube The piece describes some of the effects that Nixon's decision to delink the dollar from gold in the 1970s had for the relationship between the IMF and its member states. A focus is on the negative effects of this change on societies in the Global South. 2021 Level: débutant Nixon’s decision to delink the dollar from gold still hounds the IMF, South Africa and Africa Danny Bradlow The Conversation The lecturer focuses on his own paper The Economic Limits of Bitcoin and Anonymous Decentralized Trust on the Blockchain analysing the innovation of cryptocurrencies particularly bitcoin and its economic credibility The innovator of cryptocurrency Satoshi Nakamoto incorporated an interesting combination of computer sciences and economics The paper argues the limitations … 2022 Level: débutant The Economics of Cryptocurrencies Eric Budish Economics Department, Oxford University Asset Management firms control large parts of the global economy Just the three American asset management firms BlackRock Vanguard and State Street manage more than half of the combined value of all shares for companies in the S P 500 Their combined managed assets amount to 22 trillion May 2022 … 2022 Level: avancé Asset Manager Capitalism Mark Blyth Watson Institute for International and Public Affairs This article demonstrates Schumpeter s propagated approach to monetary analysis in macroeconomics so as to provide for a better understanding of the relation between finance and growth Peter Bofinger Lisa Geißendörfer Thomas Haas Fabian Mayer voxEU 2022 Level: avancé Discovering the 'true' Schumpeter: New insights on the finance and growth nexus Peter Bofinger, Lisa Geißendörfer, Thomas Haas & Fabian Mayer voxEU Dans cette vidéo Thibault Lieurade reçoit Jézabel Couppey Soubeyran à la suite d une note publiée par l institut Veblen Cette note plaide pour un mode volontaire de création de monnaie centrale en émettant la quantité nécessaire pour mener à bien différents projets écologiques sociaux ou sanitaires Pour ce faire … 2021 Level: avancé Transformer la création monétaire au service du bien commun Jézabel Couppey-Soubeyran Xerfi Canal In March 2020, the Reserve Bank Board introduced a target for the yield on the three-year Australian Government bond which was discontinued in November 2021. This review examines the experience with the yield target and draws lessons from this experience. 2022 Level: expert The pitfalls of yield curve control Reserve Bank of Australia Reserve Bank of Australia The author discusses the various dimensions of the recent hike in inflation in the context of the United States and policy dilemmas around high inflation GDP decline and unemployment Servaas Storm Institute for New Economic Thinking 2022 Level: avancé Inflation in a Time of Corona and War Servaas Storm Institute for New Economic Thinking What the heck is the yield curve? And why is it considered a powerful predictor of economic crisis? Here you'll get to know. 2015 Level: débutant Killik Explains: Fixed Income Basics - the yield curve Tim Bennett Killik & Co. This is the second part of the seminar A Hard Currency of Politics The discussion centers on the The Currency of Politics by Stefan Eich and is hosted by the journal European Law Open Stefan Eich s presentation of his argument starts at minute 7 53 The discussion centers on … 2022 Level: débutant European Law Open discussion of "The Currency of Politics" by Stefan Eich Stefan Eich Cambridge University Press Aim of this intensive workshop is 1.) to introduce the participants to the macroeconomic workings of the climate crisis as the background of sustainable finance; 2.) to introduce financial assets with ESG (Environmental, Social and Governance) criteria attached to them and their markets and important institutional players; 3.) to provide a critical perspective on the current setup of sustainable finance; 4.) and to work on in-depth case studies illustrating the workings on ESG-finance markets, its emitters and traders as well as their macroeconomic implications. 2022 Level: débutant Sustainable Finance – Hoax or necessity. A global perspective Anne Löscher Summer Academy 2022 for Pluralist Economics In this teaching pack, we look at the acquisition of Twitter by Elon Musk. In particular, we focus on what it means to take a company private and how the deal was financed. 2022 Level: débutant Musk buys Twitter   Economy Studies Through this course you will learn how individuals and firms make financial decisions and how those decisions might deviate from those predicted by traditional financial or economic theory We will explore the nature of these biases and their origins using insights from psychology neurosciences and experimental economics on how the … Level: débutant Behavioral Investing Vaidya Nathan Indian School of Business Trade disputes are usually understood as conflicts between countries with competing national interests, but as Matthew C. Klein and Michael Pettis show in this book, they are often the unexpected result of domestic political choices to serve the interests of the rich at the expense of workers and ordinary retirees. 2020 Level: avancé Trade Wars Are Class Wars Matthew C. Klein & Michael Pettis Yale University Press Islamic finance's phenomenal growth owes to the Shariah compliant nature of its financial instruments. Shariah forbids the charging of interest (Riba) and instead promulgates risk-sharing and trade-based modes of financing. The Islamic financial industry has been subject to both critique and admiration. Critics argue that Islamic instruments (bearing debt-based structures) differ from their conventional counterparts only in legal lexicon and not in economic impact. 2018 Level: avancé Rethinking Islamic Finance Ayesha Bhatti, Saad Azmat Routledge The current global financial system may not withstand the next global financial crisis. In order to promote the resilience and stability of our global financial system against future shocks and crises, a fundamental reconceptualisation of financial regulation is necessary. This reconceptualisation must begin with a deep understanding of how today's financial markets, regulatory initiatives and laws operate and interact at the global level. 2016 Level: avancé Reconceptualising Global Finance and its Regulation Ross P. Buckley, Emilios Avgouleas, Douglas W. Arner Cambridge University Press 'Impressive... provides a very good compendium of what are usually classified as "heterodox" development economics... an excellent volume.' Journal of International Development This important new collection tackles the failure of neoliberal reform to generate longterm growth and reduce poverty in many developing and transition economies. 2003 Level: avancé Rethinking Development Economics Ha-Joon Chang Anthem Press This book arose from our conviction that the NNS-DSGE approach to the analysis of aggregate market outcomes is fundamentally flawed. The practice of overcoming the SMD result by recurring to a fictitious RA leads to insurmountable methodological problems and lies at the root of DSGE models’ failure to satisfactorily explain real world features. 2011 Level: avancé Macroeconomics from the Bottom-up Domenico Delli Gatti, Saul Desiderio, Edoardo Gaffeo, Pasquale Cirillo, Mauro Gallegati Springer Milan This book challenges the mainstream paradigm, based on the inter-temporal optimisation of welfare by individual agents. It introduces a methodology for studying how institutions create flows of income, expenditure and production together with stocks of assets and liabilities, thereby determining how whole economies evolve through time. 2012 Level: avancé Monetary Economics W. Godley, M. Lavoie Palgrave Macmillan UK 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: avancé Handbook of Financial Markets Thorsten Hens, Klaus Reiner Schenk-Hoppé North Holland This thoroughly revised and updated second edition provides a comprehensive guide to Post Keynesian methodology, theory and policy prescriptions. The Companion reflects the challenges posed by the global financial crisis that began in 2008 and by the consolidation of the New Neoclassical Synthesis in macroeconomic theory. 2012 Level: avancé The Elgar Companion to Post Keynesian Economics J. E. King 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: avancé From Financial Crisis to Stagnation Thomas I. Palley Cambridge University Press This book is designed for a one-semester or two-semester course in international economics, primarily targeting non-economics majors and programs in business, international relations, public policy, and development studies. It has been written to make international economics accessible to wide student and professional audiences. 2011 Level: avancé An Introduction to International Economics Kenneth A. Reinert Cambridge University Press In "The Money Problem, "Morgan Ricks argues for a reform of the American monetary system. Taking up foundational questions of monetary policy, he asks: how would we construct a monetary system if we were starting from scratch? What are the characteristics of a monetary instrument? 2016 Level: avancé The Money Problem Morgan Ricks University of Chicago Press Since the beginning of the twenty-first century, there has been an unprecedented move towards 'rethinking economics' due to the damages generated by the global financial crisis that burst in 2007-2008. Almost a decade after this crisis, policy is still unable to provide all citizens greater wellbeing or at least an encouraging economic future. 2017 Level: avancé A Modern Guide to Rethinking Economics Louis-Philippe Rochon, Sergio Rossi Edward Elgar Publishing The Revolution in Corporate Finance has established itself as a key text for students of corporate finance with wide use on a range of courses. Using seminal articles from the highly regarded Bank of America Journal of Applied Corporate Finance, it gives students real insight into the practical implications of the most recent theoretical advances in the field. 2003 Level: avancé The Revolution in Corporate Finance Joel M. Stern, Donald Chew Jr, Jr. Wiley La finance est-elle structurellement instable ? Comment expliquer les crises financières ? Le regard de l'économiste Hyman Minsky. 2016 Level: avancé Stabiliser une économie instable Hyman Minsky Les Petits Matins For intermediate courses in economics. A Unified View of the Latest Macroeconomic Events Macroeconomics, Blanchard presents a unified, global view of macroeconomics, enabling readers to see the connections between goods, financial markets, and labor markets worldwide. 2017 Level: avancé Macroeconomics Olivier J. Blanchard, David R. Johnson Pearson The world has changed dramatically in recent years and so has the field of economics, but many introductory economics textbooks have remained stuck in the past. This book provides a new beginning for the study of macroeconomics, fundamentally international in its approach and emphasizing current debates and research trends. 2014 Level: avancé Macroeconomics Dorman, Peter Springer-Verlag Why do we think that sovereign debt must be repaid--even after a major regime change--in order to maintain country creditworthiness? In a fascinating and highly original book, Odette Lienau argues that this conventional wisdom is overly simplistic and in some respects entirely wrong. 2014 Level: débutant Rethinking Sovereign Debt Lienau, Odette Harvard University Press In this classic work of economic history and social theory, Karl Polanyi analyzes the economic and social changes brought about by the "great transformation" of the Industrial Revolution. 2001 Level: avancé The Great Transformation Karl Polanyi Beacon Press