bbc 2012 Black-Scholes: The maths formula linked to the financial crash A digital invite has nudged me into a quick mini post. BLACK-SCHOLES 50TH ANNIVERSARY 14th June 2023 - free tickets here @ CQFinstitute Myron Scholes debating David Orrell on the relevant (ir)realities? Sounds attractively intriguing, not just for financial connoisseurs. Black and Scholes option … Continue reading Pricing the Future – Black Scholes @50
see here for updates on markets - Soft landing or? gaiageld home page here Banks as Collateral Damage in a Class War by Ann Pettifor annpettifor.sub.com 18-3-2023 Banks as Collateral Damage in a Class War – Central Bank obsession with holding down wages has consequences for fin stability – by Ann Pettifor/gg – annpettifor.sub/system change So much has happened this past week… … Continue reading ‘Class War over Financial Stability?’ Ann Pettifor on central banks and money markets
Das Ende des Kapitalismus - Warum Wachstum und Klimaschutz nicht vereinbar sind – von Ulrike Herrmann - Rezension, Buchbesprechung - Buchkritik - BIP - Degrowth - Entkopplung - Grünes Wachstum - Kapitalismus - Kreislaufwirtschaft - Klimawandel - Klimakrise - Nachhaltigkeit - PostWachstum
Money: 5,000 Years of Debt and Power by Michel Aglietta
Kapital und Zeit - Für eine neue Kritik der neoliberalen Vernunft
Capital and Time - For a New Critique of Neoliberal Reason - by Martijn Koning - Lisa Adkins asset economy - articles, videos, reviews
The New Economics: A Manifesto – by Steve Keen - Ann Pettifor, Peter Bofinger- reviews by Shimshon Bichler, Jonathan Nitzan, Felix Martin, Dirk Bezemer, Giancarlo Bertocco, Andrea Kalajzić , Natalie Bennett, Nick Johnson, Kevin Gardiner
Jakob Feinig - Moral Economies - book reviews, excerpts, presentations, articles - Absorbing, revelatory and exceedingly readable, "Moral Economies" is highly recommended to money connoisseurs and freshers alike. For much of American history, large numbers of people claimed that money was a public good and asserted the right to shape money creation practices. If popular knowledge about money creation was once widely shared, how and why did it disappear? An introduction to money creation practices since the colonial era, enabling readers to understand why most people are disconnected from knowledge about money creation today. >money production, money system, credit, debt, banking, finance, monetary, politics
Welches Wachstum? BIP Wachstum, nachhaltig, gruen, oeko, Post Wachstum - degrowth - Ist Wachstumsrücknahme die einzige Form nachhaltigen Wachstums? Wir besuchen die vie % irklichkeiten der Postwachstumstheorie. The future Is degrowth: A guide to a world beyond capitalism - by Matthias Schmelzer, Andrea Vetter, Aaron Vansintjan
Heterodox Economics, Pluralist Economics - economic history, theory, ideology, methodology, interdisciplinarity, and relevance of and limits to pluralism
>sociology of money, banking, credit, creditworthyness, credit rating, debt, finance, financial institutions, inequality, monetary history, power, US princeton.edu 11-2022 The Economy of Promises: Trust, Power, and Credit in America – by Bruce G. Carruthers – sociology.northwestern – kellogg.northwestern– A comprehensive and illuminating account of the history of credit in America—and how it continues to divide the haves from the have-nots read … Continue reading The Economy of Promises: Trust, Power, and Credit in America – by Bruce G. Carruthers
austerity - past, present, future -articles, presentations, reviews - Clara E Mattei - The Capital Order - How Economists invented Austerity... political economy, monetary history
monetary interest updates As goodreads reviewer Nilesh Jasani suggests, the title "... is a misnomer. The book is not a story of interest rates despite the occasional attempts to weave them into the narrative. Its first part provides summaries of a few most celebrated historic bubbles, followed by a long, unstructured diatribe on the state … Continue reading Edward Chancellor’s quixotic Interest in the Price of Time
Part of series on Growth! What Growth? The Future Is Degrowth: A Guide to a World beyond Capitalism – by Matthias Schmelzer, Andrea Vetter , Aaron Vansintjan. The book explores the origins, sub-currents, and evolution of degrowth, as well as the solutions it offers for the future.
What Growth? Eco-Capitalism, Green GdP Growth, Decoupling - Alessio Terzi's Growth for Good and Adrienne Buller's The Value of a Whale
Growth by Trussonomics may be history repeating a farce as a tragedy. But aggregate GDP-growth continues to be widely regarded as an absolute necessity. The recent article "Growth, Degrowth or Post-growth?" makes for a uniquely clear historical exposition of the positions around the critique of economic GdP-growth and its potential alternatives.
Freeports, fracking and trickle-down tax cuts wrapped in workfare austerity? Liz Truss latest Ode to Growth sounded so out of tune with realities, even the money markets didn't know if they should laugh or cry at this eye-wateringly incompetent re-hash of 1980's neolibbery. Neither FT nor Economist were amused, and the polls seemed to be … Continue reading Growth! Growth! Growth! Wrong? Wrong? Wrong?
paecon.net/pdf - gg/pdf 9-2022 Real World Economics Review download here Two conceptions of the nature of money: clarifying differences between MMT and money theories sponsored by social positioning theory - by Tony Lawson ..."...unlike conceptions of the nature of money and money histories etc., the policy proposals associated with MMT, in their basics, do not … Continue reading Real World Economics Review Out Now: positional vs MMT money, power narratives, viral neoliberalism, blundering equilibrium, teaching hetero 101 productivity, zero evidence free trade, de-externalising stress, Scottish currencies, GDP and Jayati Ghosh’s political economy of development
The Queen, alas, I have never met in person. But I had four encounters of a kind. E.R.II entered my life on a stamp. A stamp noticeable not least for having not a word on it? "...I guess the English were the first to have stamps? Like everything else, having invented the Industrial Revolution..." is … Continue reading The Queen – Your Queen – My Queen
gaiamoney spots a hetero economist on the bbc news:
focus on the bigger picture: inflation & the cost of living crisis; the lack of growth, investment & productivity; and, as ever, the unsustainability of global inequality & the ecological crises.
Zwischen Globalismus und Demokratie, Nine Lives of Neoliberalism, Neoliberalism and the Social Contract – A Historical Perspective
Maurice Höfgen - Geld für die Welt - Der Newsletter für progressive Wirtschaftspolitik - One Dollar Note - Bondi Beach Library mauricehoefgen.com 3-7-2022 Sommerzeit ist Lesezeit - by Maurice Höfgen "Geld ist nicht knapp. Zeit aber schon. Deshalb: Augen auf bei der Lektürewahl! Weil ich häufig nach Lesetipps gefragt werde, habe ich eine kleine Auswahl … Continue reading Sommerzeit ist Lesezeit – Maurice Höfgen’s Lesetipps für Einsteiger und Finanznerds, für Strand und Schreibtisch! with english reading tips
Is a global financial crisis inevitable? Does the end of QE means recession? Only austerity can cure inflation? The correction from Hell for asset evaluations? Stocks, shares, bonds, crypto, gold now and then updates 11-2022
unemployment down, vacancies up, wages down, inflation up, universal credit down, national insurance up - Cost of Living Hits Hard. Hard Enough to Find Money in a Windfall Tax?
ECO CRISIS - The kids are not ok - Un jeune désespoir - The planetary climate clock, in human time - by Julia Steinberger
global inEQUALITY now(ish) with Thomas Piketty, Lisa Adkins etal, Brett Christophers, Edward Fullbrook etal, Tade Oludayo, Anthony B. Atkinson
Stefan Eich examines six crucial episodes of monetary crisis, recovering the neglected political theories of money in the thought of such figures as Aristotle, John Locke, Johann Gottlieb Fichte, Karl Marx, and John Maynard Keynes. He shows how these layers of crisis have come to define the way we look at money, and argues that informed public debate about money requires a better appreciation of the diverse political struggles over its meaning.
THE RISE AND FALL OF THE NEOLIBERAL ORDER - AMERICA AND THE WORLD IN THE FREE MARKET ERA - by GARY GERSTLE - reviews -articles