Renowned scholars elaborate a critique on neoclassical economics and how it was unable to predict and even favoured the financial crisis. They refer to DSGE models, equilibrium theory and rational agents – a brief insight in the critique on neoclassic economics. 2012 Level: débutant Financial Instability Mini-Documentary Joseph Stiglitz, Gillian Tett, David Tuckett, Stephen Kinsella, John Kay, David Weinstein, Steve Keen and Dirk Bezemer INET This is an introductory lecture to Stock Flow Consistent SFC modelling Antoine Godin presents this family of macroeconomic models which is based on a rigorous accounting framework and guarantees a correct and comprehensive integration of all the flows and the stocks of an economy SFC models focus especially on interactions … 2015 Level: avancé Post Keynesian Stock-Flow consistent Modelling Antoine Godin IMK En trente ans, la finance est devenue toute-puissante. Pas un jour sans connaître les mouvements du FTSE ou du NASDAQ, pas une semaine sans analyse du change, pas un mois sans fermeture d’usine, pas un an sans inquiétude sur la dette publique, pas une décennie sans une crise financière. Le bilan macroéconomique de nos économies occidentales est peu glorieux : une croissance molle, des investissements atones, un chômage endémique, des inégalités croissantes. Le constat est sans appel : les politiques libérales ont déréglementé la finance, et la banque, qui accompagnait autrefois l’industrie dans ses investissements à long terme, lui fait aujourd’hui obstacle. La créativité des financiers s’est substituée à celle des entrepreneurs. Il est urgent de remettre la finance à sa place : ce n’est pas à l’économie d’obéir à la finance, mais à la finance de servir l’économie. Un ouvrage qui décrypte trente ans de financiarisation de l’économie, propose un examen détaillé de l’articulation entreprise/ finance et avance des propositions – analysées et commentées par Michel Aglietta – pour mieux penser l’économie réelle. 2016 Level: avancé L'entreprise Liquidée Altrimenti Video, Sandra Rigot YouTube Le grand œuvre de l’économiste américain Hyman Minsky Stabilizing an unstable economy, sorti en 1986, vient d’être publié en français par l’Institut Veblen et Les petits matins. 2016 Level: débutant Maîtriser l'instabilité financière : les leçons d'Hyman Minsky Christian Chavagneux Xerfi Canal 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. 2020 Level: débutant Minsky’s Moments Cahal Moran Rethinking Economics L’économiste américain d’origine russe Hyman Minsky accordait une place centrale à la finance dans le fonctionnement des économies capitalistes. Cent ans après sa naissance, la crise de 2008-2009 remet en avant ses analyses de l’instabilité financière et ses pistes de réflexion sur les mécanismes qui pourraient la contenir. 2019 Level: avancé Hyman Minsky : un économiste visionnaire Laurence Scialom La Vie des idées How did the coronavirus almost bring down the Global Financial System? What effects does monetary policy have on inequality? What role do Central Banks have in the social-ecological transformation? How could Central Banks tackle climate change? What is Central Bank Digital Currency? 2021 Level: avancé Next Generation Central Banking Finanzwende e.V. & Heinrich-Böll-Stiftung, various Transformative Responses, Heinrich-Böll-Foundation & Finanzwende Recording of the Workshop “The collateral supply effect on central banking”, 04.02.2021, part of the "Next Generation Central Banking - Climate Change, Inequality, Financial Instability" conference by the Heinrich-Böll-Stiftung 2021 Level: avancé NextGen Central Banking: The collateral supply effect on central banking Finanzwende e.V. & Heinrich-Böll-Stiftung, Carolyn Sissoko, UWE Bristol; Steffen Murau, Boston University; Michael Peters, Finanzwende Transformative Responses, Heinrich-Böll-Foundation & Finanzwende Fighting Neoliberalism with Keynes & Minsky? Riccardo Bellofiore proposes to revise the insights of Minsky's financial instability hypothesis, combining it with the Keynesian theory of the monetary circuit to answer many questions in modern economy. 2020 Level: avancé Fighting Neoliberalism with Keynes & Minsky? Riccardo Bellofiore New Economic Thinking 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 Principles of Macroeconomics by Howard J. Sherman and Michael A. Meeropol differs from other texts in that this book stresses far more the inherent instability of the macro-economy. 2013 Level: avancé Principles of Macroeconomics Howard J. Sherman, Michael Meeropol M.E. Sharpe 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 Financial Evolution at the Speed of Thought A new evolutionary explanation of markets and investor behaviorHalf of all Americans have money in the stock market yet economists can t agree on whether investors and markets are rational and efficient as modern financial theory assumes or irrational and inefficient as behavioral … 2017 Level: avancé Adaptive Markets Andrew W. Lo Princeton University Press Rethinking Regulation of International Finance encapsulates the most important aspects of the development and operation of the international financial system. This book questions the fundamental basis of the existing international financial architecture (soft law) and explores the need for a compliance-based model based on legitimacy of regulations and accountability of the regulatory bodies in international financial stability. 2018 Level: avancé Rethinking Regulation of International Finance Uzma Ashraf Barton Kluwer Law International