450 results
Extractivism is a development model based on exploiting and exporting raw materials. It is fundamental to reproducing entire societies, mainly in the Global South, while generating manifold dilemmas. This text situates extractivism within the broader landscape of global economic asymmetries, emphasizing the role of rents—excess revenues generated from resource extraction due to international price differentials—as a central analytical lens.
The Political Economy of Extractivism
This course provides future change makers in public and private sectors with a comprehensive overview on the structures and actors that shape markets.
The Governance of Markets in Challenging Times: From Classic Authors to New Approaches
An article in the New York Times from early 2025 suggests that the political influence of mainstream economics is declining. While economists have been highly influential in supporting and shaping free-market policies in recent decades, their expertise has become less relevant during intensified economic crises that necessitate state interventions.
The Strange Non-Death of Mainstream Economics
In both economics textbooks and public perceptions central banks are a fact of life. On the wall of my A-level economics classroom there was the Will Rogers quote “there have been three great inventions since the beginning of time: fire, the wheel, and central banking”, summarising how many economists view the institution. There is a widespread belief that there is something different about money which calls for a central authority to manage its operation, a view shared even by staunch free marketeers such as Milton Friedman. This belief is not without justification, since money underpins every transaction in a way that apples do not, but we should always be careful not to take existing institutions for granted and central banking is no exception. In this post I will look at the idea of private or free banking, where banks compete (and cooperate) to issue their own currency.
Whither Central Banks?
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.
Inequality in the Post-pandemic Era
Prof. Robert Guttmann looks at the current transformation of the international world order through the lenses of global money and finance.
Multipolar Capitalism
An essay of the writing workshop on contemporary issues in the field of Nigerian economics: The adverse effect of climate change is overwhelming, not just in Nigeria but globally. Global warming is the result of hostile human activities that have impacted the environment negatively. This is the principal variable the government should tackle through practical innovations such as the acceptable implementation of Adaptation Policies and also through the adequate implementation of environmental tax. These will enhance pro-environmental behaviour which is fit for socio-political and economic activities for sustainability.
The Role of Fiscal Policy in Climate Change Mitigation Via Environmental Management and Sustenance in Nigeria
Environmental catastrophe looms large over politics: from the young person’s climate march to Alexandria Ocasio-Cortez’s Green New Deal, increasing amounts of political space are devoted to the issue. Central to this debate is the question of whether economic growth inevitably leads to environmental issues such as depleted finite resources and increased waste, disruption of natural cycles and ecosystems, and of course climate change. Growth is the focal point of the de-growth and zero-growth movements who charge that despite efficiency gains, increased GDP always results in increased use of energy and emissions. On the other side of the debate, advocates of continued growth (largely mainstream economists) believe that technological progress and policies can ‘decouple’ growth from emissions.
To Grow or Not to Grow?
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.
Post-pandemic future of work - How does digitization impact labour?
After completing the workshop in Post Keynesian Economics participants should be able to describe the main differences and similarities between PKE and other schools of thought.
Post Keynesian Economics
This edited volume explores how dependency theories can be adapted and applied to understand limits and possibilities for development in Latin America and Europe It explores core periphery relations across different sets of countries specific mechanisms of dependency as well as the role of race and gender in dependency analysis …
Dependent Capitalisms in Contemporary Latin America and Europe
This essay focuses on the sources of government revenue within the Middle East and North African (MENA) region and proposes the implementation of a regional tax reset through increased taxation and tax reforms, deregulation in the private sector and economic diversification to reduce macroeconomic volatilities caused by the hydrocarbon industry.
Taxation in the MENA region
It is perhaps fitting that the seriousness of the coronavirus threat hit most of the Western world around the Ides of March, the traditional day of reckoning of outstanding debts in Ancient Rome. After all, problems and imbalances have accumulated in the Western capitalist system over four decades, ostensibly since it took the neoliberal road out of the 1970s crisis and kept going along it, heedless of the crises and problems it led to.
The Unexpected Reckoning: Coronavirus and Capitalism
One of the pluralist theories which has gained prominence following the 2008 financial crisis is Hyman Minsky and his Financial Instability Hypothesis (FIH). Minsky was unique in viewing balance sheets and financial flows as the primary components of capitalist economies, and his focus on the financial system meant he was well-equipped for foresee a crisis much like 2008. Although he died long before 2008 his framework anticipated many of the processes which led to the crash, particularly increased risk-taking and financial innovation which would outstrip the abilities of regulators and central banks to manage the system.
Minsky’s Moments
Teaching the public about lobbying and its effects on financial institutions that help run the economy in which we all live and use.
Is lobbying bad for the economy?
Entretien avec Sylvie Morel, économiste et professeure titulaire au Département des relations industrielles de l’université Laval, à Québec, où elle est arrivée en 1996. Ses enseignements et ses recherches portent sur les politiques publiques de l’emploi, la sécurité sociale et la théorie économique (l’économie institutionnaliste de John R. Commons et l’économie féministe). Ses travaux sont menés dans une perspective de genre. Elle a collaboré à plusieurs réseaux de recherche féministes, aux fins, notamment, de l’élaboration de formations sur les théories économiques pour les groupes de femmes. Elle est membre du Réseau québécois en études féministes (RéQEF) ainsi que chercheuse associée à la Chaire Claire-Bonenfant – Femmes, Savoirs et Sociétés. Signataire du Manifeste pour un Québec solidaire (2005), elle a co-fondé le site Économie autrement – dédié à la promotion de l’économie hétérodoxe – et y a collaboré pendant 7 ans. Elle a aussi siégé quatre ans au Comité de direction du Centre d’étude sur la pauvreté et l’exclusion (CEPE), rattaché au ministère de l’Emploi et de la Solidarité sociale (MESS).
Pour une économie féministe radicalement hétérodoxe
An essay of the writing workshop on Nigeria’s Readiness for and the Effect of the Fourth Industrial Revolution
The Role of Women in the Fourth Industrial Revolution
Capitalism is dissolving boundaries - not only in the sense of ever-expanding global trade flows, but also in the concrete everyday working lives of individuals. What implications does this have for our understanding of freedom, work and borders?
Capitalism & Boundaries
Cet article rassemble les principaux résultats des études de genre en finance. À partir d’une présentation des résultats inédits d’une enquête sur les ménages français (enquête Pater), nous examinons d’abord les différences de préférences et de comportements entre hommes et femmes en matière financière, puis leurs incidences à plusieurs niveaux.
Vers un nouveau genre de finance ?
Could working less make people and the planet better off? Find out in this dossier by exploring the landscape of working time reduction policies and their potential for reimagining, restructuring, and redistributing time as a political resource in the 21st century economy.
Could Working Time Reduction Policies Save People and the Planet?
This introductory text explores the political economy of water by defining the subject and examining its key issues.
The political economy of water
Dans cette contribution, nous examinons la relation sociale à l’énergie au sein du régime d’accumulation fordiste et du capitalisme financiarisé et mondialisé qui s’est mis en place depuis les années 1970. L’objectif est d’identifier des ruptures dans les modalités d’usage de l’énergie qui accompagnent les transformations observées dans d’autres domaines. Pour cela, nous procédons à une analyse empirique et comparatiste de l’utilisation de l’énergie dans les principales économies à haut revenu (Allemagne, États-Unis, France, Japon et Royaume-Uni) entre 1950 et 2010. Le fordisme se caractérise par une utilisation extensive de l’énergie et une utilisation intensive du travail. Les forts gains de productivité de ce dernier sont alimentés notamment par une augmentation rapide de la quantité d’énergie incorporée au processus de production. À partir de 1970, le ralentissement de la croissance de la quantité d’énergie coïncide avec le ralentissement de la productivité du travail et contribue à l’érosion du compromis social fordiste. L’émergence du néolibéralisme se traduit par une restauration de la part du capital dans le partage de la valeur ajoutée et s’accompagne, d’une part, d’une utilisation de plus en plus intensive de l’énergie, la productivité de celle-ci se mettant à augmenter fortement dans les principaux pays à haut revenu ; d’autre part, par la délocalisation de l’utilisation de l’énergie.
La transformation de la relation sociale à l’énergie du fordisme au capitalisme néolibéral
This article examines the spread of financialization in Germany before the financial crisis. It provides an up-to date overview on the literature on financialization and reviews which of the phenomena typically associated with financialization have emerged in Germany. In particular, the article aims to clarify how the prevailing institutional structure and its changes had contributed to or had countervailed the spread of financialization and how it had shaped the specific German variant of financialization. For this end, it combines the rich literature on Germany's institutional structure with the more macroeconomic oriented literature on financializaton. With the combination of those different perspectives the article sheds light on the reasons for the spread of financialization and the specific forms it has taken in Germany.
Financialization made in Germany: A review
This course is an introduction to the economic theories of financial crises It focuses on amplification mechanisms that exacerbate crises such as leverage fire sales bank runs interconnections and complexity It also analyzes the different perspectives on the origins of crises such as mistaken beliefs and moral hazard and discusses …
Financial Crises
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.
Sustainable Finance – Hoax or necessity. A global perspective
Some economic events are so major and unsettling that they “change everything.” Such is the case with the financial crisis that started in the summer of 2007 and is still a drag on the world economy. Yet enough time has now elapsed for economists to consider questions that run deeper than the usual focus on the immediate causes and consequences of the crisis.
Rethinking the Financial Crisis
This book explores frontier work at the intersection of experimental and environmental economics, with cutting edge research provided by premier scholars in the field.The book begins by focusing on improving benefit-cost analysis, which remains the hallmark of public policy decision-making around the globe.
Using Experimental Methods in Environmental and Resource Economics
Dans son dernier livre Les capitalismes à l épreuve de la pandémie 2020 Robert Boyer tente d analyser l histoire en temps réel les capitalismes face au covid19 Que nous apprend l épidémie de covid19 de nos régimes socio économiques Quelles mesures les différents pays ont ils mises en place …
Les capitalismes à l'épreuve de la pandémie
Au début des années 2020, le consensus de la Silicon Valley se délite. Inégalités folles, stagnation de la productivité, instabilité endémique... la nouvelle économie n’est pas advenue. Les algorithmes sont omniprésents, mais ce n’est pas pour autant que le capitalisme s’est civilisé. Au contraire. La thèse de ce livre est qu’avec la digitalisation du monde se produit une grande régression. Retour des monopoles, dépendance des sujets aux plateformes, brouillage de la distinction entre l’économique et le politique
Techno-féodalisme
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?
The Money Problem
The Privatized State shows how privatization undermines the very reason political institutions exist in the first place, and advocates for a new way of administering public affairs that is more democratic and just.
The Privatized State
Framing borders as an instrument of capital accumulation imperial domination and labor control Walia argues that what is often described as a migrant crisis in Western nations is the outcome for the actual crisis of capitalism conquest and climate change This book shows the displacement of workers in the global …
Border and Rule
Nous utilisons des cookies sur notre site Web. Cliquez sur Accepter pour nous aider à améliorer constamment Exploring Economics !