real-world economics review Issue no. 104 3 July 2023 The Dead Parrot of Mainstream Economics - by Steve Keen Why Hedge Funds Matter: An interview with Jan Fichtner - by Jan Fichtner and Jamie Morgan ETF shares as shadow money - by Alexandru-Stefan Goghie The Dollar Centric Financial System and the Conflict in Ukraine - by Marcello Spanò A … Continue reading Hetero Highlights & Updates
Category: HETERO MACRO
Heterodox Economics: Legacy and Prospects – a deep, timely, important, critical and surprisingly novel collection on ideology, interdisciplinarity, methodology, pluralism and relevance
Heterodox Economics, Pluralist Economics - economic history, theory, ideology, methodology, interdisciplinarity, and relevance of and limits to pluralism
Doughnut Economics Action Lab Now
Check out this fresh package of Doughnut Economics - A series of four lectures covering the fundamentals of Doughnut Economics, hosted by Ubiquity University New DEAL economics see also: https://gaiageld.com/kate-raworth/ https://gaiageld.com/2020/12/23/decroissance-for-xmas-anyone/ https://gaiageld.com/2021/01/04/degrowth-auf-deutsch/ https://gaiageld.com/ecological-economics/
BoE nudging mainstreamers toward re-discovery of credit channel ?
Looks as if just before the yachting season BoE economists have allowed themselves another peek beyond the pale of the classic Savings&Loans specs: ... "No existing studies that address the comovement puzzle account for the empirical movements in bank equity and credit spreads (see eg DiCecio (2009); Sterk (2010); Carlstrom and Fuerst (2009); Katayama and Kim (2013); Di Pace … Continue reading BoE nudging mainstreamers toward re-discovery of credit channel ?
Extra Muros Heteros : Tuure Parkkinen’s Root Bug Macro
"Geolibertarian experimental monetary realist" Tuure Parkkinen's root bug economics represents an audaciously original "PraxisTheorie" of the type only an institutional outsider would dare come up with.
What happens when The Economist tries to escape from the Equilibrium Academy
DSGE Departures In one of its daring trips beyond the walls of orthodoxy The Economist is indulging in a historic turn, reflecting that "Strangely, most economic models do not treat the economy as an evolving thing, undergoing constant change. They instead describe it in terms of its equilibrium: a stable state in which prices balance … Continue reading What happens when The Economist tries to escape from the Equilibrium Academy
diversity 101 = pluriverse
endorsements A way to understanding an alternative future. – Juliet Schor, Sociology, Boston College A book of dazzling breadth, provocative and persuasive scholarship. – Sylvia Marcos, Mexican feminist activist and scholar For too long the North has imposed its one-size-fits-all agenda on the South. – Dan O’Neill, economist, University of Leeds This Dictionary … Continue reading diversity 101 = pluriverse
Post Keynesians
post keynesianism - definitions, intros wikipedia.org/Post-Keynesian_economics gg/pdf 2014 Post-Keynesian Economics: An Introduction by Eckhard Hein Post-Keynesian Economics : An Introduction - Eckhard Hein 2014 read GM pdf here economists, researchers Ha-Joon Chang Sergio Cesaratto Morris Copeland Francis Cripps Claudio Dos Santos Wynne Godley Alex Izurieta Nicholas Kaldor Michał Kalecki Marc Lavoie Steve Keen John … Continue reading Post Keynesians
Stiglitz wants GDP retired
BIP
QE3 : The Board Members’ Memo
"If you are looking for intent AND stupidity, look at governments" World Citizen on Mishtalk. I call this this post QE3 because it turns out to be my third one on this topic. "End of (His)story" was the first. Not that I realised. I was just poking fun at all the defunct economics (1) implict … Continue reading QE3 : The Board Members’ Memo
The Queen, Seventeen, Halloween…
Ten years after the 2008 crisis I came across an old Guardian article : Queen finally finds out why no one saw the financial crisis coming Her Majesty gets the answer to her question – four years after she asked it – on a tour of the Bank of England One doesn't normally keep the … Continue reading The Queen, Seventeen, Halloween…