Comprendre l’économie : Léon Walras - Le fondateur de l'économie néoclassique

The chi-square distribution is used to test a hypothesis. Therefore, expected values are related to observed values using a chi-square distribution. Then using p-value tables the hypothesis is tested at a 5% significance level.

Peter Boettke, Professor of Economics and Philosophy at George Mason University, talks about the history and the main methodological and epistemological tenets of the Austrian school. He argues that good economics is the mainline tradition of "squaring rational choice with the invisible hand theorem through institutional analysis".

In this video, the most famed biographer of John Maynard Keynes, Robert Skidelsky, explores the foundations of Keynesian economics

Can pluralism in economics be useful to tackle the fight against climate change? How can a diversity in methods and ideas allow for a better understanding of the issue of the climate crisis? What solutions do different schools of thought offer to overcome the most pressing challenge of the 21st Century? Our Rethinker Henrika Meyer will give you some answers and give you a glimpse of the solutions pluralism offers to tackle the fight against climate change.

This lecture is all about the challenge to include heterodox approaches into macroeconomics. After giving an overview of recent approaches to that problem Professor Michael Roos presents the theoretical framework of Complexity Economics as a means to combine behavioral aspects with macroeconomics.