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Part of the reason why we wanted to start the Rethinking Economics series is that I think many aspects of economics, economic thinking, and economic institutions need reforming. And one of the main areas where this reform needs to happen is antitrust. Antitrust has become a popular and, as of late, bipartisan issue. Antitrust laws give the government power to regulate, manage competition, prevent monopolies, and stop harm to consumers. Antitrust powers were first vested with the government with the Sherman Antitrust Act of 1890, when businesses first began to reach their “giant” status. After 1890, there were some pretty substantive reforms to antitrust power that at times strengthened the government's ability to intervene in the economy, and at other times weakened it. I will let you, the listeners, determine whether you think the government has too much or too little power to intervene in markets, but what is undeniable is the growth of gargantuan companies like Google and Amazon, while the gap between the rich and the impoverished widens. And I'm sure many of you listening think these two phenomena are inextricably linked. So, how can the state better shape markets and market structures to shrink this gap?My guest today helps us reimagine the goals of antitrust and how it can be used to form innovation ecosystems to the benefit of society. Mr. Ahuja is a lawyer, researcher, and political organizer. He initially began his career as an antitrust lawyer at Latham and Watkins, where he mainly worked on competition and market structure cases. After a brief stint working for Hillary Clinton's presidential campaign, Mr. Ahuja became a Fellow with the Department of Energy, where he worked on reducing market barriers in solar energy. Mr. Ahuja is currently an affiliate of the University of Oxford and a Fellow at Harvard University's Growth Lab, where he researches and teaches antitrust and green development. He has written numerous publications that have appeared in newspapers and journals such as the Financial Times, Promarket, the Roosevelt Institute, and the Cambridge University Press. Mr. Ahuja earned his master's from Harvard in Public Policy and Oxford University in Law, and is currently a Ph.D candidate at Oxford.Together, we discussed Mr. Ahuja's innovation-as-capabilities approach to antitrust, green industrial policy, and how the state can shape markets and go beyond simply correcting market failures.To check out more of our content, including our research and policy tools, visit our website: https://www.hgsss.org/
Dr. Martin Jacobson is a political philosopher who specializes in what he calls left-libertarian philosophy. Martin sees Georgism as a fusion of libertarian and progressive philosophy that translates to a version of libertarianism centered on land access as a solution to systemic inequalities. What really interested me about Martin's work on Henry George was his ability to advance progressive ends with libertarian means, while exploring the relationship between these two ideologies. His dissertation was titled Land & Liberty: On the Natural Monopoly of Violence. Being an American, I think most libertarians we come across are more like the anarcho-libertarians Dr. Jacobson talks about. But our discussion helped me understand why the libertarian perspective is so crucial to reforming the very institutions they criticize.Together, we compared the different types of libertarianism, where Henry George fits in on the libertarian and progressive spectrum, and if effective altruism is ever really possible. To check out more of our content, including our research and policy tools, visit our website: https://www.hgsss.org/
Neun Milliarden Franken. Das ist der Preis der Männlichkeit in der Schweiz – laut «Rethinking Economics». Männer seien Hauptverursacher von Kosten in Justiz, Polizei oder Verkehr, doch nicht aus biologischer, sondern aus kultureller Prägung. Ist diese pauschale Zuschreibung gerechtfertigt? Maria-Rahel Cano und Camille Lothe machen die Rechnung.
Today's episode will be the last of a part of a 3-part series where I, your host, Nathan Greene, interview a group of my current professors here at Clark University. I was first introduced to the concept of development in my economic growth and development course at St. John's University. There, we explored how economic growth led to improvements in living standards that allowed people to achieve their full potential. This is what Nobel Laureate Amartya Sen calls his capability approach: when societies are able to produce the conditions necessary for people to flourish. But, since coming to Clark, my idea of development has changed. I began to separate economic development from general development. Growth wasn't always desirable, and could even lead to entrenched inequalities, environmental degradation, or accumulation by dispossession. So I want to ask you, what does development mean to you? Is it different from economic growth? Are the two mutually exclusive? And, should we even strive for economic growth? To answer these questions, I've enlisted the help of three of my professors, who have helped shape my understanding of development. Today, we'll be speaking with Dr. Dave Bell to get a metaphysical understanding of what development really means. Dr. David Bell is an international education consultant trained in psychology. He is the founder and director of Ubuntu Consulting, an educational evaluation company, where he works as a program evaluation consultant, designing and assessing education initiatives both in the U.S. and globally. Before moving to the United States, Dr. Bell worked extensively in Southern Africa, focusing on community development and educational improvement. He has worked at numerous international NGOs focussing on social change, such as the Center for Cognitive Development, the Kellogg Foundation, and the Karuna Center for peace building. Much of Dr. Bell's research explores transformational leadership, experiential learning, and the role of education in development. He earned his bachelor's degree in Education and Counseling Psychology from the University of Port Elizabeth, his master's in Education and Counseling Psychology from Rhodes University, and his doctorate of education in Education Policy, Research Administration, and Comparative Education from the University of Massachusetts Amherst. Dr. Bell joined the Henry George School to discuss what development means to different people, the difference between economic growth and development, and why people conceptualize these two things so differently. To check out more of our content, including our research and policy tools, visit our website: https://www.hgsss.org/ --- Support this podcast: https://podcasters.spotify.com/pod/show/smart-talk-hgsss/support
Today's episode will be part of a 3-part series where I, your host, Nathan Greene, interview a group of my current professors here at Clark University. I was first introduced to the concept of development in my economic growth and development course at St. John's University. There, we explored how economic growth led to improvements in living standards that allowed people to achieve their full potential. This is what Nobel Laureate Amartya Sen calls his capability approach: when societies are able to produce the conditions necessary for people to flourish. But, since coming to Clark, my idea of development has changed. I began to separate economic development from general development. Growth wasn't always desirable, and could even lead to entrenched inequalities, environmental degradation, or accumulation by dispossession. So I want to ask you, what does development mean to you? Is it different from economic growth? Are the two mutually exclusive? And, should we even strive for economic growth? To answer these questions, I've enlisted the help of three professors, who helped shape my understanding of development. Today, we'll be speaking with Dr. Denise Bebbington to get a macro-level understanding of the impacts of economic growth. Dr. Denise Bebbington is currently a research associate professor at Clark University, where she is the co-director of the Center for the Study of Natural Resources Extraction and Society, a research institute within Clark. Before she became a professor, Dr. Bebbington worked as a representative to Peru for the Inter-American Foundation, South American regional sub-director for Catholic Relief Services, and Latin America Program Coordinator for the Global Greengrants Fund. She has extensive on-the-ground experience working on development projects in South America, especially when it comes to democratization and strengthening institutions. Her research focuses on the political ecology of Latin America's extractives industries and how it impacts indigenous communities. Her writings explore the intersection of gender, the environment, and development. She has authored and coauthored numerous books and articles for publications such as Environmental Science and Policy, World Development, the European Review of Latin American and Caribbean Studies, as well as many others. She earned her bachelor's degree from UC Berkeley in history, her master's in Development Management from American University, and her PhD in Development Policy and Management from the University of Manchester. Together we discussed why conventional economic indicators like GDP fail to capture the true development story of a country, Latin America's growth in the 21st century, and why large-scale infrastructure projects tend to be disruptive to peoples' way of living. To check out more of our content, including our research and policy tools, visit our website: https://www.hgsss.org/ --- Support this podcast: https://podcasters.spotify.com/pod/show/smart-talk-hgsss/support
Today's episode will be part of a 3-part series where I, your host, Nathan Greene, interview a group of my current professors here at Clark University. I want to preface this series by asking you what you think development is. Currently, I'm in my last semester of a master's in International Development at Clark University, where I've begun to question my own assumptions of what development is. I was first introduced to this concept of development in my economic growth and development course at St. John's University. There, we explored how economic growth led to improvements in living standards that allowed people to achieve their full potential. This is what Nobel Laureate, Amartya Sen, calls his capability approach: when societies are able to produce the conditions necessary for people to flourish. But, since coming to Clark, my idea of development has changed. I began to separate economic development from general development. Growth wasn't always desirable, and could even lead to entrenched inequalities, environmental degradation, or accumulation by dispossession. So I want to ask you again, what does development mean to you? Is it different from economic growth? Are the two mutually exclusive? And, should we even strive for economic growth? To answer these questions, I've enlisted the help of three of my professors, who have helped shape my understanding of development. The first person we'll be speaking to is Dr. Jude Fernando, who will tell us about his research on Microfinance and small-scale solutions to societal improvement. The second person we'll speak with is Dr. Denise Bebbington to get a macro-level understanding of the impacts of economic growth. We'll then conclude with Dr. Dave Bell, who will give us a more metaphysical analysis of development and how the concept has changed over time. Dr. Jude Fernando is currently a professor at Clark University and has held professorships at multiple institutions such as the University of Arizona, Dordt College, and the University of Colombo in Sri Lanka. His research work focuses on Microfinance and the role NGOs play in development. His research has earned him consulting roles at global institutions such as the International Fund for Agricultural Development, the Asia Foundation, and the World Bank. Dr. Fernando is the founder of the Alfa Children and Youth Training Institute in Sri Lanka, an NGO established to help children impacted by the Southeast Asian Tsunami of 2004. He has written many journal articles and book contributions but is also the author of The Political Economy of NGOs: State Formation in Sri Lanka and Bangladesh. Dr. Fernando earned his bachelor's degree in applied economics from the University of Peradeniya in Sri Lanka; and his PhD in economics, anthropology, and south asian history from the University of Pennsylvania. For today's episode, we'll discuss Microfinance and its criticisms, small- versus large-scale change, and why economists should rethink the importance of the solidarity economy. To check out more of our content, including our research and policy tools, visit our website: https://www.hgsss.org/ --- Support this podcast: https://podcasters.spotify.com/pod/show/smart-talk-hgsss/support
Episode 138 with Yonas Ademassu Alemu, an investment banker turned entrepreneur who founded Lovegrass Ethiopia. As the Managing Director of this innovative health food company, Yonas has been instrumental in bringing the rich heritage of Ethiopian grains to the global stage. Lovegrass Ethiopia specialises in creating a diverse range of products, including pasta, breakfast cereals, pancake mixes, powdered beverages, and snacks, all crafted from teff and other traditional Ethiopian grains.Teff, a tiny ancient grain native to Ethiopia, has been cultivated for over 4,000 years and is best known as the key ingredient in ‘injera', a flat, spongy sourdough bread that is a staple in Ethiopian diets. This nutrient-packed superfood is not only gluten-free but also a rich source of iron, magnesium, calcium, and essential vitamins. Yonas is on a mission to share the incredible benefits of teff with the world and how Lovegrass Ethiopia is making a mark both locally and internationally.What We Discuss With YonasReturning to Ethiopia despite scepticism from his friendsForming relationships with farmers and investing in farms to guarantee a consistent, good-quality supply of Teff.How Yonas has managed to successfully export his products to the UK and other European markets.The challenges of building the factory in terms of financing, finding the right machinery, quality standards, and control.What key tips and advice would Yonas give to aspiring agriculture entrepreneurs in Africa?Did you miss my previous episode where I discuss Rethinking Economics and Impact for Music Festivals in Africa? Make sure to check it out!Like this show? Please leave us a review here -- even one sentence helps!Connect with Terser on LinkedIn at Terser Adamu, and Twitter (X) @TerserAdamuConnect with Yonas on LinkedIn at Yonas Ademassu Alemu, and Twitter (X) @thelovegrassDo you want to do business in Africa? Explore the vast business opportunities in African markets and increase your success with ETK Group. Connect with us at www.etkgroup.co.uk or reach out via email at info@etkgroup.co.uk
Episode 137 is with Walter Wanyanya, a Zimbabwean creative and tech entrepreneur. He's the founder of Apple gadget retail company TechTools Technology as well as the founder of Ngoma Nehosho, a music promotion and marketing company. In the music industry, he is commonly known for his work as the manager of the late popular musician, Oliver Mtukudzi. He is also the Founder and Artistic Director of the Jacaranda Music Festival, the Jabulani Jazz Festival, and the Flame Lily Rock Music Festival in Harare. Walter is also a board member of African Cultural Connections.What We Discuss With WalterThe transition from being a musician to becoming an event organiser and music promoter.What is the crossover between the Tech and the event management work that Walter does?How has the success he has had in the tech business influenced the way that he operates in the music industry?What are some of the challenges you face when organising such a large-scale music event in Africa?How does the festival impact the local community in Harare, both economically and culturally?Did you miss my previous episode where I discuss Locally Led Development: The Importance of Local Leadership in International Development? Make sure to check it out!Like this show? Please leave us a review here -- even one sentence helps!Connect with Terser on LinkedIn at Terser Adamu, and Twitter (X) @TerserAdamuConnect with Walter on LinkedIn at Walter Wanyanya, and Twitter (X) @wanyanyawalterSend us a Text Message.Do you want to do business in Africa? Explore the vast business opportunities in African markets and increase your success with ETK Group. Connect with us at www.etkgroup.co.uk or reach out via email at info@etkgroup.co.uk
Rethinking Economics is all about questioning the core foundations of economics. This series questions economic orthodoxy to better understand the forces and shifts shaping our society and the world. Together, we'll interrogate things like the efficacy of economic models, if mainstream assumptions are always correct, and why the ideas and concepts you learn about in textbooks may lead you astray. For our inaugural discussion of the series, we will be talking to our returning guest, and one of my favorite economists, Dr. Steve Keen. Our talk was recorded in March of 2024, and is hosted by me, Nathan Greene, a researcher here at the Henry George School. Many people, including myself, don't fully understand monetary theory or monetary economics. Admittedly, it's quite confusing. There are a lot of dynamics at play from banks, to households, money, and central banks, just to name a few. If you ever learned the terms money multiplier, monetary base, or reserve requirement ratio, but are not really sure what it means, you're not alone. Dr. Keen is an expert on the dynamics of monetary economics and macroeconomics. We'll explore his critiques of the efficient market hypothesis to his more recent analyses of debt dynamics and financial instability. Together, we talked about the shortcomings of conventional economic thinking, and why it's so damaging not just to the economy, but the planet as well. By questioning fundamental assumptions, he invites us to reconsider our approach to economic policy and reshape our vision of a more equitable and sustainable future. At a time when the world is largely ignoring calls to abandon fossil fuels and the green transition feels painstakingly slow, his ideas and critiques feel more important now than ever before. Dr. Keen received his bachelor's degree from the University of Sydney and went on to complete his master's and Ph.D. in Economics and Economic History from the University of New South Wales. He is the author of several books on economics, of which the two most famous are "Debunking Economics" and "The New Economics: A Manifesto." Both critique conventional economic theory. We were even lucky enough to hear about his upcoming book, "Rebuilding Economics from the Top Down." Dr. Keen has taught at the University of Western Sydney and Kingston University in London. He is currently leading the development of a software package called Minsky, a dynamics-based visualization tool for macroeconomic modeling. To check out more of our content, including our research and policy tools, visit our website: https://www.hgsss.org/ --- Support this podcast: https://podcasters.spotify.com/pod/show/smart-talk-hgsss/support
Are economists only interested in how to increase incomes, country production, how to profit-maximise and how to most gain on investments? The news and business media might make us tend towards thinking so. In 2019, the Holy Father Pope Francis wrote a letter addressed to Young economists and Entrepreneurs worldwide, and asked to meet with young men and women who are interested in a different kind of economy, the beginnings of the Economy of Francesco. He goes on to describe this as "one that brings life not death, one that is inclusive and not exclusive, humane and not dehumanizing, one that cares for the environment and does not despoil it." He desires to together "enter a “covenant” to change today's economy and to give a soul to the economy of tomorrow." What would that kind of economy of tomorrow look like? How can we get there and are economists in a position to change anything?
Das internationale Studierenden-Netzwerk «Rethinking Economics» fordert einen diverseren Wirtschaftsunterricht an den Universitäten. In Bern engagiert sich die Studentin Karin Roth für dieses Anliegen. Was will sie genau? | «Wir lernen an den Universitäten nur eine Wirtschaftstheorie», sagt Karin Roth, Volkswirtschafts-Studentin an der Universität Bern und Mitglied im Kollektiv «Rethinking Economics». Für sie ist das zu wenig. Sie setzt sich darum ein für einen diverseren Unterricht. | Was fordert Roth genau? Was sagt der Direktor des Volkswirtschaftlichen Instituts der Universität Bern, Aymo Brunetti, zur Kritik von Roth? Und wie international ist die Forderung nach mehr Pluralität im Wirtschaftsstudium? Das und mehr erfahren Sie im neusten Geldcast Update. | Stichworte: Plurale Ökonomik, Rethinking Economics, feministische Ökonomik, VWelles Bern, VWI Bern, Karin Roth, Aymo Brunetti.
Universities across America are still teaching an outdated, neoclassical way of economic thinking. The trickle-down curriculums taught in Econ 101 classrooms aren't just bad for students—they have had disastrous, far-reaching effects on the economy. Decades of bad education has left students adrift: A new study from Rethinking Economics reveals that the majority of college students are critical of the US economic system, with a large majority believing it needs to change. Can we redesign economic curriculums to better reflect how the economy really works? Abigail Acheson is network coordinator and staff organizer with the US Rethinking Economics National Network. A recent graduate, Abigail is dedicated to revitalizing student organizing for curriculum change at universities. Nouhaila Oudija is a researcher and consultant at RE-USA. She recently published a research project about college students' attitudes around the US economic system and about the lack of diversity of thought in economics curricula. Twitter: @RethinkEcon_USA, @rethinkecon Economics is Failing US College Students https://www.rethinkeconomics.org/2022/10/18/econ-failing-us-students Website: http://pitchforkeconomics.com Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick's twitter: @NickHanauer
Rethinking Economics USA is a network of students and academics allying to rethink and change economics education in the United States. Joining us in conversation today are Abigail Acheson and Nouhaila Oudija, two leading members of the movement making waves across the globe. For our show notes, visit https://www.lifteconomy.com/blog/rethinking-economicsThe spring cohort of the Next Economy MBA is officially open! Save 20% when you register before 1/29 with our early-bird sale ➡️ https://lifteconomy.com/mba
As the impacts of climate breakdown intensify, the cost of living crisis takes hold globally, and levels of inequality remain stubbornly high, it begs the question: is our economic system working to meet the needs of people and the planet? The climate science is unequivocal and clear - the 1.5 degree threshold is swiftly approaching, and we can no longer rely on conventional economic models that do not recognize the ecological limits of the planet. Cities around the world are leading the way in establishing innovative wellbeing models, to creating thriving, just and resilient urban environments. This episode unpacks why our current models aren't working and how purposeful government led action at the city level can support shared prosperity.Featured in this episode: “Global wellbeing is at risk – and it's in large part because we haven't kept our promises on the environment” UN Secretary-General António Guterres: https://news.un.org/en/story/2022/06/1119532Featured guests:Katherine Trebeck is a political economist, writer, and advocate for economic system change. She co-founded the Wellbeing Economy Alliance and also WEAll Scotland, its Scottish hub. She is writer-in-residence at the University of Edinburgh's Edinburgh Futures Institute and a strategic advisor to Australia's Centre for Policy Development. She sits on a range of boards and advisory groups such as The Democracy Collaborative, the C40 Centre for City Climate Policy and Economy, and the Centre for Understanding Sustainable Prosperity.Saiorse Exton is an activist for climate and equality, based in Ireland. She founded her local branch of the 'Fridays for Future' movement and organizes nationally and internationally. For her Rise project, Saoirse rewrote Irish mythology from a feminist perspective – foregrounding the strong characters that traditional narratives tended to suppress. She ended her second term as Equality officer of the Irish Second-Level Students' Union in 2022, where she developed a passion for legislative and student-led activism. She is a member of the C40 Cities Global Youth and Mayors Forum, working with Mayors from around the world to implement change in sustainability policy.Image credit: Equity © Erick M Ramos & C40If you want to learn more about the Journal of City Climate Policy and Economy, please visit our website: https://jccpe.utpjournals.press/Cities 1.5 is a podcast by University of Toronto Press and is produced in association with the Journal of City Climate Policy and Economy. Our executive producers are Isabel Sitcov, Peggy Whitfield, Jessica Abraham, Claudia Rupnik, and Dali Carmichael.Produced by Jess Schmidt: https://jessdoespodcasting.com/Music is by Lorna Gilfedder: https://origamipodcastservices.com/
There are maps, and there are territories, and humans frequently confuse the two. No matter how insistently this point has been made by cognitive neuroscience, epistemology, economics, and a score of other disciplines, one common human error is to act as if we know what we should measure, and that what we measure is what matters. But what we value doesn't even always have a metric. And even reasonable proxies can distort our understanding of and behavior in the world we want to navigate. Even carefully collected biometric data can occlude the other factors that determine health, or can oversimplify a nuanced conversation on the plural and contextual dimensions of health, transforming goals like functional fitness into something easier to quantify but far less useful. This philosophical conundrum magnifies when we consider governance at scales beyond those at which Homo sapiens evolved to grasp intuitively: What should we count to wisely operate a nation-state? How do we practice social science in a way that can inform new, smarter species of political economy? And how can we escape the seductive but false clarity of systems that rain information but do not enhance collective wisdom?Welcome to COMPLEXITY, the official podcast of the Santa Fe Institute. I'm your host, Michael Garfield, and every other week we'll bring you with us for far-ranging conversations with our worldwide network of rigorous researchers developing new frameworks to explain the deepest mysteries of the universe.This week on the show we talk to SFI External Professor Paul Smaldino at UC Merced and University of Utah Professor of Philosophy C. Thi Nguyen. In this episode we talk about value capture and legibility, viewpoint diversity, issues that plague big governments, and expert identification problems…and map the challenges “ahead of us” as SFI continues as the hub of a five-year international research collaboration into emergent political economies. (Find links to all previous episodes in this sub-series in the notes below.)Be sure to check out our extensive show notes with links to all our references at complexity.simplecast.com. If you value our research and communication efforts, please subscribe, rate and review us at Apple Podcasts or Spotify, and consider making a donation — or finding other ways to engage with us — at santafe.edu/engage.If you'd like some HD virtual backgrounds of the SFI campus to use on video calls and a chance to win a signed copy of one of our books from the SFI Press, help us improve our science communication by completing a survey about our various scicomm channels. Thanks for your time!Lastly, we have a bevy of summer programs coming up! Join us June 19-23 for Collective Intelligence: Foundations + Radical Ideas, a first-ever event open to both academics and professionals, with sessions on adaptive matter, animal groups, brains, AI, teams, and more. Space is limited! The application deadline has been extended to March 1st.OR apply to the Graduate Workshop on Complexity in Social Science.OR the Complex ity GAINS UK program for PhD students.(OR check our open listings for a staff or research job!)Join our Facebook discussion group to meet like minds and talk about each episode.Podcast theme music by Mitch Mignano.Follow us on social media:Twitter • YouTube • Facebook • Instagram • LinkedInMentioned & Related Links:Transparency Is Surveillanceby C. Thi NguyenThe Seductions of Clarityby C. Thi NguyenThe Natural Selection of Bad Scienceby Paul Smaldino and Richard McElreathMaintaining transient diversity is a general principle for improving collective problem solvingby Paul Smaldino, Cody Moser, Alejandro Pérez Velilla, Mikkel WerlingThe Division of Cognitive Laborby Philip KitcherThe Unreasonable Effectiveness of Mathematics in The Natural Sciencesby Eugene WignerOn Crashing The Barrier of Meaning in A.I.by Melanie MitchellSeeing Like A Stateby James C. ScottJim RuttSlowed Canonical Progress in Large Fields of Scienceby Johan Chu and James EvansThe Coming Battle for the COVID-19 Narrativeby Wendy Carlin and Samuel BowlesPeter TurchinIn The Country of The Blindby Michael Flynn82 - David Krakauer on Emergent Political Economies and A Science of Possibility (EPE 01)83 - Eric Beinhocker & Diane Coyle on Rethinking Economics for A Sustainable & Prosperous World (EPE 02)84 - Ricardo Hausmann & J. Doyne Farmer on Evolving Technologies & Market Ecologies (EPE 03)91 - Steven Teles & Rajiv Sethi on Jailbreaking The Captured Economy (EPE 04)97 - Glen Weyl & Cris Moore on Plurality, Governance, and Decentralized Society (EPE 05)
Humans have an unusually long childhood — and an unusually long elderhood past the age of reproductive activity. Why do we spend so much time playing and exploring, caregiving and reflecting, learning and transmitting? What were the evolutionary circumstances that led to our unique life history among the primates? What use is the undisciplined child brain with its tendencies to drift, scatter, and explore in a world that adults understand in such very different terms? And what can we transpose from the study of human cognition as a developmental, stagewise process to the refinement and application of machine learning technologies?Welcome to COMPLEXITY, the official podcast of the Santa Fe Institute. I'm your host, Michael Garfield, and every other week we'll bring you with us for far-ranging conversations with our worldwide network of rigorous researchers developing new frameworks to explain the deepest mysteries of the universe.This week we talk to SFI External Professor Alison Gopnik, Professor of Psychology and Affiliate Professor of Philosophy at the University of California Berkeley, author of numerous books on psych, cognitive science, childhood development. She writes a column at The Wall Street Journal, alternating with Robert Sapolsky. Slate said that Gopnik is “where to go if you want to get into the head of a baby.” In our conversation we discuss the tension between exploration and exploitation, the curious evolutionary origins of human cognition, the value of old age, and she provides a sober counterpoint about life in the age of large language machine learning models.Be sure to check out our extensive show notes with links to all our references at complexity.simplecast.com. If you value our research and communication efforts, please subscribe, rate and review us at Apple Podcasts or Spotify, and consider making a donation — or finding other ways to engage with us at santafe.edu/engage.Lastly, we have a bevy of summer programs coming up! Join us June 19-23 for Collective Intelligence: Foundations + Radical Ideas, a first-ever event open to both academics and professionals, with sessions on adaptive matter, animal groups, brains, AI, teams, and more. Space is limited! Apps close February 1st.OR Apply to participate in the Complex Systems Summer School.OR the Graduate Workshop on Complexity in Social Science.OR the Undergraduate Complexity Research program, for which apps close tonight!OR the free online Foundations and Applications in Humanities Analytics course with Complexity Explorer, which starts next week.Thank you for listening!Join our Facebook discussion group to meet like minds and talk about each episode.Podcast theme music by Mitch Mignano.Follow us on social media:Twitter • YouTube • Facebook • Instagram • LinkedInMentioned & Related Links:Alison Gopnik at WikipediaAlison Gopnik's Google Scholar pageExplanation as Orgasmby Alison GopnikTwitter thread for Gopnik's latest SFI Seminar on machine learning and child developmentChanges in cognitive flexibility and hypothesis search across human life history from childhood to adolescence to adulthoodby Gopnik et al.Pretense, Counterfactuals, and Bayesian Causal Models: Why What Is Not Real Really Mattersby Deena Weisberg & Alison GopnikChildhood as a solution to explore–exploit tensionsby Alison GopnikThe Origins of Common Sense in Humans and Machinesby Kevin A Smith, Eliza Kosoy, Alison Gopnik, Deepak Pathak, Alan Fern, Joshua B Tenenbaum, & Tomer UllmanWhat Does “Mind-Wandering” Mean to the Folk? An Empirical Investigationby Zachary C. Irving, Aaron Glasser, Alison Gopnik, Verity Pinter, Chandra SripadaModels of Human Scientific Discoveryby Robert Goldstone, Alison Gopnik, Paul Thagard, Tomer UllmanLove Lets Us Learn: Psychological Science Makes the Case for Policies That Help Childrenby Alison Gopnik at APSOur Favorite New Things Are the Old Onesby Alison Gopnik at The Wall Street JournalAn exchange of letters on the role of noise in collective intelligenceby Daniel Kahneman, David Krakauer, Olivier Sibony, Cass Sunstein, & David Wolpert#DEVOBIAS2018 on SFI TwitterCoarse-graining as a downward causation mechanismby Jessica FlackComplexity 90: Caleb Scharf on The Ascent of Information: Life in The Human DataomeComplexity 15: R. Maria del-Rio Chanona on Modeling Labor Markets & Tech UnemploymentLearning through the grapevine and the impact of the breadth and depth of social networksby Matthew Jackson, Suraj Malladi, & David McAdamsThe coming battle for the COVID-19 narrativeby Wendy Carlin & Sam BowlesComplexity 83: Eric Beinhocker & Diane Coyle on Rethinking Economics for A Sustainable & Prosperous WorldComplexity 97: Glen Weyl & Cris Moore on Plurality, Governance, and Decentralized SocietyDerek Thompson at The Atlantic on the forces slowing innovation at scale (citing Chu & Evans)
In his foundational 1972 paper “More Is Different,” physicist Phil Anderson made the case that reducing the objects of scientific study to their smallest components does not allow researchers to predict the behaviors of those systems upon reconstruction. Another way of putting this is that different disciplines reveal different truths at different scales. Contrary to long-held convictions that there would one day be one great unifying theory to explain it all, fundamental research in this century looks more like a bouquet of complementary approaches. This pluralistic thinking hearkens back to the work of 19th century psychologist William James and looks forward into the growing popularity of evidence-based approaches that cultivate diversity in team-building, governance, and ecological systems. Context-dependent theory and practice calls for choirs of voices…so how do we encourage this? New systems must emerge to handle the complexity of digital society…what might they look like?Welcome to COMPLEXITY, the official podcast of the Santa Fe Institute. I'm your host, Michael Garfield, and every other week we'll bring you with us for far-ranging conversations with our worldwide network of rigorous researchers developing new frameworks to explain the deepest mysteries of the universe.This week on the show we dip back into our sub-series on SFI's Emergent Political Economies research theme with a trialogue featuring Microsoft Research Lead Glen Weyl (founder of RadicalXChange and founder-chair of The Plurality Institute), and SFI Resident Professor Cristopher Moore (author of over 150 papers at the intersection of physics and computer science). In our conversation we discuss the case for a radically pluralistic approach, explore the links between plurality and quantum mechanics, and outline potential technological solutions to the “sense-making” problems of the 21st century.Be sure to check out our extensive show notes with links to all our references at complexity.simplecast.com. If you value our research and communication efforts, please subscribe, rate and review us at Apple Podcasts or Spotify, and consider making a donation — or finding other ways to engage with us, including our upcoming program for Undergraduate Complexity Research, our new SFI Press book Ex Machina by John H. Miller, and an open postdoctoral fellowship in Belief Dynamics — at santafe.edu/engage.Thank you for listening!Join our Facebook discussion group to meet like minds and talk about each episode.Podcast theme music by Mitch Mignano.Follow us on social media:Twitter • YouTube • Facebook • Instagram • LinkedInReferenced & Related WorksWhy I Am A Pluralistby Glen WeylReflecting on A Possible Quadratic Wormhole between Quantum Mechanics and Pluralityby Michael Freedman, Michal Fabinger, Glen WeylDecentralized Society: Finding Web3's Soulby Glen Weyl, Puja Ohlhaver, Vitalik ButerinAI is an Ideology, Not a Technologyby Glen Weyl & Jaron LanierHow Civic Technology Can Help Stop a Pandemicby Jaron Lanier & Glen WeylA Flexible Design for Funding Public Goodsby Vitalik Buterin, Zöe Hitzig, Glen WeylEquality of Power and Fair Public Decision-makingby Nicole Immorlica, Benjamin Plautt, Glen WeylScale and information-processing thresholds in Holocene social evolutionby Jaeweon Shin, Michael Holton Price, David Wolpert, Hajime Shimao, Brendan Tracey & Timothy Kohler Toward a Connected Societyby Danielle AllenThe role of directionality, heterogeneity and correlations in epidemic risk and spreadby Antoine Allard, Cris Moore, Samuel Scarpino, Benjamin Althouse, and Laurent Hébert-DufresneThe Generals' Scuttlebutt: Byzantine-Resilient Gossip Protocolsby Sandro Coretti, Aggelos Kiayias, Cristopher Moore, Alexander RussellEffective Resistance for Pandemics: Mobility Network Sparsification for High-Fidelity Epidemic Simulationby Alexander Mercier, Samuel Scarpino, and Cris MooreHow Accurate are Rebuttable Presumptions of Pretrial Dangerousness? A Natural Experiment from New Mexicoby Cris Moore, Elise Ferguson, Paul GuerinThe Uncertainty Principle: In an age of profound disagreements, mathematics shows us how to pursue truth togetherby Cris Moore & John KaagOn Becoming Aware: A pragmatics of experiencingby Nathalie Depraz, Francisco Varela, and Pierre VermerschThe Beginning of Infinity: Explanations That Transform The Worldby David Deutsch[Twitter thread on chess]by Vitalik ButerinLetter from Birmingham Jailby Martin Luther King, Jr.The End of History and The Last Manby Francis FukuyamaEnabling the Individual: Simmel, Dewey and “The Need for a Philosophy of Education”by H. KoenigEncyclical Letter Fratelli Tutti of The Holy Father Francis on Fraternity and Social Friendshipby Pope FrancisWhat can we know about that which we cannot even imagine?by David WolpertJ.C.R. Licklider (1, 2)Allison Duettman (re: existential hope)Evan Miyazono (re: Protocol Labs research)Intangible Capital (“an open access scientific journal that publishes theoretical or empirical peer-reviewed articles, which contribute to advance the understanding of phenomena related with all aspects of management and organizational behavior, approached from the perspectives of intellectual capital, strategic management, human resource management, applied psychology, education, IT, supply chain management, accounting…”)Polis (“a real-time system for gathering, analyzing and understanding what large groups of people think in their own words, enabled by advanced statistics and machine learning”)Related Complexity Podcast Episodes7 - Rajiv Sethi on Stereotypes, Crime, and The Pursuit of Justice51 - Cris Moore on Algorithmic Justice & The Physics of Inference55 - James Evans on Social Computing and Diversity by Design68 - W. Brian Arthur on Economics in Nouns and Verbs (Part 1)69 - W. Brian Arthur (Part 2) on "Prim Dreams of Order vs. Messy Vitality" in Economics, Math, and Physics82 - David Krakauer on Emergent Political Economies and A Science of Possibility (EPE 01)83 - Eric Beinhocker & Diane Coyle on Rethinking Economics for A Sustainable & Prosperous World (EPE 02)84 - Ricardo Hausmann & J. Doyne Farmer on Evolving Technologies & Market Ecologies (EPE 03)91 - Steven Teles & Rajiv Sethi on Jailbreaking The Captured Economy (EPE 04)
Global Warming is the biggest reckoning the human race has yet to encounter.As the United States is still caught in the throes of denial of climate change and “doom & gloom” reigns, there are groups that are trying to solve this problem. One of those groups is the Club of Rome. Building on their groundbreaking report “The Limits to Growth”, released in 1972, the Club has convened a new group to help humanity grow out of our fossil fuel addiction. Their new report “Earth4All” started as a vibrant collective of leading economic thinkers, scientists, and advocates, convened by The Club of Rome, the Potsdam Institute for Climate Impact Research, the Stockholm Resilience Centre and the Norwegian Business School.With more and more people and organisations joining, Earth4All has become a platform to connect and amplify the chorus of voices that want to upgrade our economies. We are not starting from scratch. The momentum is growing. Communities and policy makers across the world are already changing the way we think about economics. Earth4All builds on the legacies of The Limits to Growth and the Planetary Boundaries frameworks. Science is at the heart of their work. They rethink capitalism and move beyond GDP for a safe, secure and prosperous future in the Anthropocene.To help us work our way through Earth4All, we are joined by the Club of Rome's Till Kellerhoff. Till is the Program Director of the Club of Rome and Coordinator & National Engagement Lead of the Earth4All initiative as well as contributing author of Earth for All: A Survival Guide for Humanity. Before joining The Club of Rome, he studied Politics, Economics and International Relations at the University of Erfurt (Germany), the National Autonomous University of Mexico (Mexico) and the London School of Economics (UK). He is mostly working on themes around "Rethinking Economics" and concepts around societal wellbeing for all within planetary boundaries. You can follow Till on his Twitter @TKellerhoff and the Club of Rome on their twitter @ClubOfRome. About the Club of Rome: Most influential organizations begin with the meeting of a few like minds. In 1965, Aurelio Peccei, an Italian industrialist, made a speech that proved inspirational to Alexander King, the Scottish Head of Science at the OECD. The two found that they shared a profound concern for the long-term future of humanity and the planet, what they termed the modern ‘predicament of mankind'.Three years later, King and Peccei convened a meeting of European scientists in Rome. Although this first attempt failed to achieve unity, a core group of like-minded thinkers emerged. Their goal: to advance three core ideas that still define the Club of Rome today: a global and a long-term perspective, and the concept of “problematique”, a cluster of intertwined global problems, be they economic, environmental, political or social.At the group's first major gathering in 1970, Jay Forrester, a systems professor at MIT, offered to use computer models he had developed to study the complex problems which concerned the group more rigorously. An international team of researchers at the Massachusetts Institute of Technology began a study of the implications of unbridled exponential growth. They examined the five basic factors that determine and, in their interactions, ultimately limit growth on this planet – population, agricultural production, non-renewable resource depletion, industrial output and pollution.In 1972, the Club's first major Report, The Limits to Growth was published. It sold millions of copies worldwide, creating media controversy and also impetus for the global sustainability movement. This call for objective, scientific assessment of the impact of humanity's behavior and use of resources, still defines the Club of Rome today. While Limits had many messages, it fundamentally confronted the unchallenged paradigm of continuous material growth and the pursuit of endless economic expansion. Fifty years later, there is no doubt that the ecological footprint of humanity substantially exceeds its natural limits every year. The concerns of the Club of Rome have not lost their relevance. Today, the Club continues to be at the forefront of challenging and controversial global issues. Propelled by a new mission and organisational structure, which today includes 35 National Associations, the Club of Rome has now published over 45 Reports. They continue to challenge established paradigms and advocate for policies that can practically address the many emergencies facing society and the planet today. The Club remains true to its historical intent, while it attempts to lay the foundations for long-term systemic shifts in global social, environmental and economic systems. In short, it is an established, respected, international think-tank positioned to face the core challenges of the 21st Century.The organization includes around 100 active full members with a full-time secretariat in Winterthur, Switzerland with a satellite office in Brussels, Belgium.Like and subscribe to us on Youtube for more fun and exclusive content!https://www.youtube.com/channel/UCuM080VqVCe0gAns9V9WK9wSpotify: https://open.spotify.com/episode/00gCjGhq8qrAEkraZnMwGR?go=1&sp_cid=ce203d55369588581151ec13011b84ac&utm_source=embed_player_pGoogle Podcast: https://podcasts.google.com/u/1/feed/aHR0cHM6Ly93d3cucmlrc21pbmQuY29tL2xpc3Rlbj9mb3JtYXQ9cnNz?Apple Podcast: https://podcasts.apple.com/us/podcast/riks-mind-podcast/id1460215365Show Notes:The Club of Rome | Official Website Earth4All | Official WebsiteThe Club of Rome | TwitterThe Club of Rome | YoutubeTill Kellerhoff | TwitterTill Kellerhoff's Articles | The Club of RomeThe Organisation for Economic Co-operation and Development (OECD) | Official WebsiteThe Limits to Growth | The Club of RomeWhat the controversial 1972 ‘Limits to Growth' report got right: Our choices today shape future conditions for life on Earth by Matthew E. Kahn | The ConversationThe human race at 8 billion | AxiosDabi, Khalfan, Lawson Et al. (2022) Carbon Billionaires: The investment emissions of the world's richest people, Oxfam International DOI 10.21201/2022.9684 | Oxfam InternationalHow the rich are driving climate change | BBCMark Z. Jacobson, Anna-Katharina von Krauland, Stephen J. Coughlin Et. al (2022) Low-cost solutions to global warming, air pollution, and energy insecurity for 145 countries, Energy & Environmental Science | Royal Society of ChemistryCrabs Could Be the Unlikely Hero the Battery Industry Needs | Popular MechanicsThe Lithium Race Takes Shape in the Salton Sea | Dot.LAThe Entrepreneurial State: Debunking public vs. private sector myths by Mariana MazzucatoFukuyama, F. (1989). The End of History? The National Interest, 16, 3–18 | JSTORWhy Biden's Block on Chips to China Is a Big Deal by Michael Shuman | The AtlanticOECD (2018), "The Belt and Road Initiative in the global trade, investment and finance landscape", in OECD Business and Finance Outlook 2018, OECD Publishing, Paris | OECDThe Kardashev Scale - Type I, II, III, IV & V Civilization | Futurism
Hvilke verktøy kan tas i bruk når vi definerer klimakrisa som en økonomisk krise, og ikke bare en økologisk krise?Burde sentralbankpolitikken bli grønnere i tråd med resten av den økonomiske politikken? Og hva vil det egentlig si at pengepolitikken er grønn eller brun?For å forstå dette har vi besøk av Marie Storli i studio. Hun beskriver seg selv om miljøaktivisten som forvillet seg inn på økonomistudiet, har vært leder for Rethinking Economics og er nå i gang med å skrive en bok om bærekraftig økonomi.Marie forklarer oss hva grønn pengepolitikk er, hvordan sentralbankenes panteordninger gjør det gunstigere å investere i fossile enn grønne sektorer, og hvilke tiltak som kan tas i bruk om man prøver å tenke nytt, mot en mer klimapositiv økonomi.Episoden ble spilt inn 19. september.Programledere: Peter Ringstad og Ingrid HjertakerMiks og musikk: Kristoffer Lislegaard
As the old nut goes, “To the victor go the spoils.” But if each round of play consolidates the spoils into fewer hands, eventually it comes to pass that wealthy special interests twist the rules so much it undermines the game itself. When economic power overtakes the processes of democratic governance, growth stagnates, and the rift between the rich and poor becomes abyssal. Desperate times and desperate measures jeopardize the fabric of society. How might nonpartisan approaches to this wicked problem help us walk the system back into a healthy balance?Welcome to COMPLEXITY, the official podcast of the Santa Fe Institute. I'm your host, Michael Garfield, and every other week we'll bring you with us for far-ranging conversations with our worldwide network of rigorous researchers developing new frameworks to explain the deepest mysteries of the universe.This week on Complexity we speak with Steven Teles, political scientist at Johns Hopkins University and SFI External Professor Rajiv Sethi, Professor of Economics at Barnard College, Columbia University about how self-serving economic actors intervene in regulation to stifle innovation, increase inequality, and contribute to the conditions in which violence can flourish. Referencing Teles' aisle-crossing book The Captured Economy with co-author Brink Lindsey, we link the problem of regulatory capture in its myriad forms to Sethi's work on race, inequality, and crime, which we discussed in Episode 7 (Rajiv Sethi on Crime, Stereotypes, and The Pursuit of Justice). At the interface between the left and right, public and private, our guests shed light on the forces that divide — and may help reunite — the USA and other modern nations.Be sure to check out our extensive show notes with links to all our references at complexity.simplecast.com. Note that applications are now open for our Complexity Postdoctoral Fellowships! Tell a friend. And if you value our research and communication efforts, please subscribe, rate and review us at Apple Podcasts or Spotify, and consider making a donation — or finding other ways to engage with us — at santafe.edu/engage.Thank you for listening!Join our Facebook discussion group to meet like minds and talk about each episode.Podcast theme music by Mitch Mignano.Follow us on social media:Twitter • YouTube • Facebook • Instagram • LinkedInMore on the Emergent Political Economies SFI Research Theme:SFI launches new research theme on emergent political economiesComplexity 82 - David Krakauer on Emergent Political Economies and A Science of Possibility (EPE 01)Complexity 83 - Eric Beinhocker & Diane Coyle on Rethinking Economics for A Sustainable & Prosperous World (EPE 02)Complexity 84 - Ricardo Hausmann & J. Doyne Farmer on Evolving Technologies & Market Ecologies (EPE 03)Referenced in (or related to) this episode:The Captured Economy: How The Powerful Enrich Themselves, Slow Down Growth, and Increase Inequalityby Brink Lindsey and Steven TelesShadows of Doubt: Stereotypes, Crime, and the Pursuit of Justiceby Brendan O'Flaherty and Rajiv SethiComplexity 19 - David B. Kinney on the Philosophy of ScienceCommon as Airby Lewis HydeSignalling architectures can prevent cancer evolutionby Leonardo Oña & Michael LachmannScaling of urban income inequality in the USAby Elisa Heinrich Mora, Cate Heine, Jacob J. Jackson, Geoffrey B. West, Vicky Chuqiao Yang and Christopher P. KempesCrime and Punishment in a Divided Societyby Rajiv SethiRajiv Sethi discusses gun violence, critical race theory, and bezzleson The Glenn Loury Show (video)(audio-only podcast link)The Gun Deal by Rajiv Sethi (Substack)Rajiv Sethi reviews Boldrin/Levine's Against Intellectual MonopolySteven Teles and Brink Lindsey on EconTalk with Russ RobertsIs Nothing Sacred? Rajiv Sethi on Salman Rushdie (Substack)Rajiv Sethi with Bari Weiss and David French on gun violenceRajiv Sethi on James Tobin's Hirsch Lecture on Functional Inefficiency in Finance (Substack)
Privileged people misjudge effects of pro-equality policies on them https://www.newscientist.com/article/2319115-privileged-people-misjudge-effects-of-pro-equality-policies-on-them/ Extreme climate change in the United States: Here are America's fastest-warming places https://www.washingtonpost.com/graphics/2019/national/climate-environment/climate-change-america/ Brazil is gaslighting its way to a climate misinformation catastrophe https://www.washingtonpost.com/opinions/2022/05/09/brazil-climate-change-misinformation-catastrophe-amazon-basin/ Eric Beinhocker & Diane Coyle on Rethinking Economics for A Sustainable & Prosperous World (EPE 02) https://pca.st/se4pv5o0 How To Free Our ... Read more
In the digital era, data is practically the air we breathe. So why does everybody treat it like a product to be hoarded and sold at profit? How would our world change if Big Tech operated on assumptions and incentives more aligned with the needs of a healthy society? Are more data — or are bigger models — really better? As human beings scamper around like prehistoric mammals under the proverbial feet of the new enormous digital monopolies that have emerged due to the Web's economies of scale, how might we tip the scales back to a world governed wisely by human judgment and networks of trust? Would Facebook and Twitter be more beneficial for society if they were public services like the BBC? And how do we settle on the social norms that help ensure the ethical deployment of A.I.? These and many other questions grow from the boundary-challenging developments of rapid innovation that define our century — a world in which the familiar dyads of state and market, public and private, individual and institutional are all called into question.Welcome to COMPLEXITY, the official podcast of the Santa Fe Institute. I'm your host, Michael Garfield, and every other week we'll bring you with us for far-ranging conversations with our worldwide network of rigorous researchers developing new frameworks to explain the deepest mysteries of the universe.This week on Complexity, we speak with two researchers helping to rethink political economy:SFI External Professor Eric Beinhocker is the Professor of Public Policy Practice at the University of Oxford, and founder and Executive Director of the Institute for New Economic Thinking at the University's Oxford Martin School. He is also the author of The Origin of Wealth: The Radical Remaking of Economics and What It Means for Business and Society.Diane Coyle is the Bennett Professor of Public Policy at the University of Cambridge, and co-director of the Bennett Institute, whose latest book — Cogs and Monsters: What Economics Is, and What It Should Be— was published by Princeton University Press last fall.In the first episode of this subseries, we spoke with SFI President David Krakauer about how the study of political economy has changed over the last two hundred years due to the innovation of new mathematical and computational methods. In this episode, we examine how the technological milieu that empowered these changes has also transformed the subject of study itself: digital surveillance architecture, social media networks, big data, and (largely inadequate) attempts to formalize econometrics have all had a profound impact on modern life. In what ways do new institutions beget even newer institutions to address their unintended consequences? How should we think about the complex relationships between private and public agencies, and what status should we give the data they produce and consume? What is it going to take to restore the trust in one another necessary for society to remain coherent, and what are the most important measures to help economists and policymakers navigate the turbulence of our times into a more inclusive, prosperous, and sustainable world?Subscribe to Complexity Podcast for upcoming episodes with an acclaimed line-up of scholars including Ricardo Hausmann, Doyne Farmer, Steven Teles, Rajiv Sethi, Jenna Bednar, Tom Ginsburg, Niall Ferguson, Neal Stephenson, Paul Smaldino, C. Thi Nguyen, John Kay, John Geneakoplos, and many more to be announced…If you value our research and communication efforts, please rate and review us at Apple Podcasts, and consider making a donation — or finding other ways to engage with us — at santafe.edu/engage. You can find the complete show notes for every episode, with transcripts and links to cited works, at complexity.simplecast.com.Thank you for listening!Join our Facebook discussion group to meet like minds and talk about each episode.Podcast theme music by Mitch Mignano.Follow us on social media:Twitter • YouTube • Facebook • Instagram • LinkedInMentions and additional resources:Toward a New Ontological Framework for the Economic Goodby Eric D. BeinhockerComplexity Economics: Proceedings of the Santa Fe Institute's 2019 Fall Symposiumedited by W. Brian Arthur, Eric Beinhocker, Allison StangerSocializing Databy Diane CoyleThe Public Optionby Diane CoyleCommon as Air: Revolution, Art, and Ownershipby Lewis HydePitchfork Economicsby Nick HanauerThe Nature of Technology: What It Is and How It Evolvesby W. Brian ArthurGeoffrey West on Complexity 35Will A Large Complex System Be Stable?by Robert MayBlockchain: Trust Companies: Every Company Is at Risk of Being Disrupted by A Trusted Version of Itselfby Richie EtwaruHelena Miton on Complexity 46The coming battle for the COVID-19 narrativeby Sam Bowles, Wendy CarlinRecoupling Economic and Social Prosperityby Katharina Lima de Miranda, Dennis J. SnowerSignalling architectures can prevent cancer evolutionby Leonardo Oña & Michael LachmannWhy we should have a public option version of Google and Facebook (response to Diane Coyle)by James PethokoukisBryant Walker Smith on Complexity 79“Premature optimization is the root of all evil."— Donald Knuth
Traditional economics treats our planet as an infinitely exploitable resource. Clearly that is impossible and already there are disturbing signs of a planet in distress. But even if we ignore that, is endless growth really good for us? Where does it end? When we talk briefly about MMT (Modern Monetary Theory), we refer to 'monetary sovereign' nations - for a definition, see Wikipedia. Philip is Adjunct Professor at Torrens University, a Research Scholar at the Global Institute for Sustainable Prosperity, and a member of the Wakefield Futures Group (South Australia). Interview by Rod as part of the series with authors in our book Sustainability and the New Economics.
Tid: Lørdag 30. oktober 2021 Sted: MS Sandnes Helt til slutt i årets festival, litt ut på kvelden, spør vi så enkelt og rett fram som vi kan: Hva er det gode livet nå? Historien er som kjent lange strekk med balanse og ekvilibrium, men innimellom kommer det korte perioder hvor alt er i bevegelse, gjerne i forbindelse med teknologiske nyvinninger, vitenskapelige gjennombrudd, naturkatastrofer, kriger og kriser. Vi lever åpenbart i et av historiens største overgangsvindu, til hva? Hva tenker økonomene og fagfolka om hva det gode livet er eller bør være, som ivaretar både menneske og natur, og som demmer opp for krisene som lurer? Vi inviterer et knippe av årets festivaldeltagere til å svare like mye personlig som faglig på spørsmålet, under vennlig ledelse av søstrene Gjengedal. Deltakere: – Kalle Moene, professor emeritus samfunnsøkonomi UiO og leder ESOP. – Victor Norman, professor emeritus i samfunnsøkonomi, – Hilde Sandvik, journalist, redaktør, forfatter, stifter av Broen.xyz og talkshowvert for Norsken, svensken og dansken. – Rieta Aliredjo, City Maker Amsterdam – Tone Smith, samfunnsgeograf og økologisk økonom i Rethinking Economics Programledere er: – Kjerstin Gjengedal er frilansjournalist på dagtid og skriver artikler om tema som vitenskapelig publisering, internasjonal forskningspolitikk og universitetenes samfunnsoppdrag. – Reidun Gjengedal er samfunnsgeograf og halvstudert økonom, hun har vært journalist og tekniker i RadioNova, arbeidslivet har handlet om bistand, i kontortiden jobber hun i Regnskogfondet.
I denne episoden hører vi den andre av to panelsamtaler fra lanseringsarrangementet for boken "Økonomisk tenkning . Bidrag til mangfold i økonomifaget" (den første samtalen finner du i episode 23). Boken er skrevet av forfattere med tilknytning til organisasjonen Rethinking Economics Norge, og lanseringen var et samarbeid mellom RE og podkasten Alternativ økonomi.Nyklassisk økonomi, som dominerer økonomiutdanningen, er opptatt av likevektstilstander i økonomien. Men virkelighetens økonomi er snarere preget av forandring. Evolusjonær økonomi, som ofte knyttes til den østerrikske økonomen Joseph Schumpeter, beskriver hvordan innovasjon driver utviklingen i økonomien. I denne episoden snakker vi med Erik Reinert (som har skrevet bokens kapittel om evolusjonær økonomi), Taran Thune (professor i innovasjonsstudier ved Universitetet i Oslo) og Ellen Stenslie (stipendiat ved NMBU, som studerer bærekraftig og sosialt entreprenørskap) om innovasjonens plass i økonomifaget, og ikke minst i omstillingen til et bærekraftig samfunn.
Et kjennetegn ved økonomifaget i dag, er at det av mange kan oppleves som nokså ensrettet. Det er én teoretisk retning har fått dominere hvordan vi tenker om økonomi, og hvordan økonomifaget reflekterer samfunnet. En konsekvens av det, er at det rommet for diskutere alternative løsninger til et økonomisk problem, blir lite. Og mange gode, eller mindre gode, forslag kommer aldri på bordet.Organisasjonen Rethinking Economics Norge jobber for et større mangfold i den økonomiske tenkningen og har nylig gitt ut boken Økonomisk tenkning: bidrag til mangfold i økonomifaget. Boken ble lansert på Kulturhuset i Oslo 10.2.22 som et samarbeid mellom Rethinking Economics (RE) og Alternativ økonomi. I denne episoden hører vi den første av to panelsamtaler fra arrangementet. Her snakker leder i RE Marie Storli med Margunn Bjørnholt (feministisk økonomi), Tone Smith (økologisk økonomi og medredaktør) og Arild Vatn (institusjonell økonomi) om deres bidrag til boken, og teorienes bidrag til økonomifaget.
The Economy Studies project emerged from the worldwide movement to modernise economics education, spurred on by the global financial crisis of 2008, the climate crisis, and the COVID-19 pandemic. It envisions a wide variety of economics graduates and specialists, equipped with a broad toolkit, enabling them to collectively understand and help tackle the issues the world faces today. Economy Studies: A Guide to Rethinking Economics Education (Amsterdam University Press, 2021) is a practical guide for (re-)designing economics courses and programs. Based on a clear conceptual framework and ten flexible building blocks, this book offers refreshing ideas and practical suggestions to stimulate student engagement and critical thinking across a wide range of courses. Sam de Muijnck is chief economist at the Dutch independent think tank Our New Economy. Earlier, he was the chair of the Future Generations Think Tank, as well as that of the Dutch branch of the international student movement, ‘Rethinking Economics'. He completed his undergraduate economics degree at the Radboud University in Nijmegen, and then pursued an interdisciplinary research master's at the University of Amsterdam. Joris Tieleman completed his PhD from the Institute for Housing and Urban Development Studies, Erasmus University Rotterdam. He previously worked as a staff research journalist for the Volkskrant (a Dutch daily), and co-founded the Dutch branch of Rethinking Economics. Utsav Saksena is a Research Fellow at the National Institute of Public Finance and Policy (NIPFP), an autonomous institute under the Ministry of Finance, Government of India. He can be reached at utsavsaksena95@hotmail.com. Note: opinions expressed in this podcast are purely personal and do not reflect the official position of NIPFP or the Ministry of Finance, Government of India. Learn more about your ad choices. Visit megaphone.fm/adchoices
The Economy Studies project emerged from the worldwide movement to modernise economics education, spurred on by the global financial crisis of 2008, the climate crisis, and the COVID-19 pandemic. It envisions a wide variety of economics graduates and specialists, equipped with a broad toolkit, enabling them to collectively understand and help tackle the issues the world faces today. Economy Studies: A Guide to Rethinking Economics Education (Amsterdam University Press, 2021) is a practical guide for (re-)designing economics courses and programs. Based on a clear conceptual framework and ten flexible building blocks, this book offers refreshing ideas and practical suggestions to stimulate student engagement and critical thinking across a wide range of courses. Sam de Muijnck is chief economist at the Dutch independent think tank Our New Economy. Earlier, he was the chair of the Future Generations Think Tank, as well as that of the Dutch branch of the international student movement, ‘Rethinking Economics'. He completed his undergraduate economics degree at the Radboud University in Nijmegen, and then pursued an interdisciplinary research master's at the University of Amsterdam. Joris Tieleman completed his PhD from the Institute for Housing and Urban Development Studies, Erasmus University Rotterdam. He previously worked as a staff research journalist for the Volkskrant (a Dutch daily), and co-founded the Dutch branch of Rethinking Economics. Utsav Saksena is a Research Fellow at the National Institute of Public Finance and Policy (NIPFP), an autonomous institute under the Ministry of Finance, Government of India. He can be reached at utsavsaksena95@hotmail.com. Note: opinions expressed in this podcast are purely personal and do not reflect the official position of NIPFP or the Ministry of Finance, Government of India. Learn more about your ad choices. Visit megaphone.fm/adchoices
The Economy Studies project emerged from the worldwide movement to modernise economics education, spurred on by the global financial crisis of 2008, the climate crisis, and the COVID-19 pandemic. It envisions a wide variety of economics graduates and specialists, equipped with a broad toolkit, enabling them to collectively understand and help tackle the issues the world faces today. Economy Studies: A Guide to Rethinking Economics Education (Amsterdam University Press, 2021) is a practical guide for (re-)designing economics courses and programs. Based on a clear conceptual framework and ten flexible building blocks, this book offers refreshing ideas and practical suggestions to stimulate student engagement and critical thinking across a wide range of courses. Sam de Muijnck is chief economist at the Dutch independent think tank Our New Economy. Earlier, he was the chair of the Future Generations Think Tank, as well as that of the Dutch branch of the international student movement, ‘Rethinking Economics'. He completed his undergraduate economics degree at the Radboud University in Nijmegen, and then pursued an interdisciplinary research master's at the University of Amsterdam. Joris Tieleman completed his PhD from the Institute for Housing and Urban Development Studies, Erasmus University Rotterdam. He previously worked as a staff research journalist for the Volkskrant (a Dutch daily), and co-founded the Dutch branch of Rethinking Economics. Utsav Saksena is a Research Fellow at the National Institute of Public Finance and Policy (NIPFP), an autonomous institute under the Ministry of Finance, Government of India. He can be reached at utsavsaksena95@hotmail.com. Note: opinions expressed in this podcast are purely personal and do not reflect the official position of NIPFP or the Ministry of Finance, Government of India. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/finance
The Economy Studies project emerged from the worldwide movement to modernise economics education, spurred on by the global financial crisis of 2008, the climate crisis, and the COVID-19 pandemic. It envisions a wide variety of economics graduates and specialists, equipped with a broad toolkit, enabling them to collectively understand and help tackle the issues the world faces today. Economy Studies: A Guide to Rethinking Economics Education (Amsterdam University Press, 2021) is a practical guide for (re-)designing economics courses and programs. Based on a clear conceptual framework and ten flexible building blocks, this book offers refreshing ideas and practical suggestions to stimulate student engagement and critical thinking across a wide range of courses. Sam de Muijnck is chief economist at the Dutch independent think tank Our New Economy. Earlier, he was the chair of the Future Generations Think Tank, as well as that of the Dutch branch of the international student movement, ‘Rethinking Economics'. He completed his undergraduate economics degree at the Radboud University in Nijmegen, and then pursued an interdisciplinary research master's at the University of Amsterdam. Joris Tieleman completed his PhD from the Institute for Housing and Urban Development Studies, Erasmus University Rotterdam. He previously worked as a staff research journalist for the Volkskrant (a Dutch daily), and co-founded the Dutch branch of Rethinking Economics. Utsav Saksena is a Research Fellow at the National Institute of Public Finance and Policy (NIPFP), an autonomous institute under the Ministry of Finance, Government of India. He can be reached at utsavsaksena95@hotmail.com. Note: opinions expressed in this podcast are purely personal and do not reflect the official position of NIPFP or the Ministry of Finance, Government of India. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
The Economy Studies project emerged from the worldwide movement to modernise economics education, spurred on by the global financial crisis of 2008, the climate crisis, and the COVID-19 pandemic. It envisions a wide variety of economics graduates and specialists, equipped with a broad toolkit, enabling them to collectively understand and help tackle the issues the world faces today. Economy Studies: A Guide to Rethinking Economics Education (Amsterdam University Press, 2021) is a practical guide for (re-)designing economics courses and programs. Based on a clear conceptual framework and ten flexible building blocks, this book offers refreshing ideas and practical suggestions to stimulate student engagement and critical thinking across a wide range of courses. Sam de Muijnck is chief economist at the Dutch independent think tank Our New Economy. Earlier, he was the chair of the Future Generations Think Tank, as well as that of the Dutch branch of the international student movement, ‘Rethinking Economics'. He completed his undergraduate economics degree at the Radboud University in Nijmegen, and then pursued an interdisciplinary research master's at the University of Amsterdam. Joris Tieleman completed his PhD from the Institute for Housing and Urban Development Studies, Erasmus University Rotterdam. He previously worked as a staff research journalist for the Volkskrant (a Dutch daily), and co-founded the Dutch branch of Rethinking Economics. Utsav Saksena is a Research Fellow at the National Institute of Public Finance and Policy (NIPFP), an autonomous institute under the Ministry of Finance, Government of India. He can be reached at utsavsaksena@protonmail.com. Note: opinions expressed in this podcast are purely personal and do not reflect the official position of NIPFP or the Ministry of Finance, Government of India. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
The Economy Studies project emerged from the worldwide movement to modernise economics education, spurred on by the global financial crisis of 2008, the climate crisis, and the COVID-19 pandemic. It envisions a wide variety of economics graduates and specialists, equipped with a broad toolkit, enabling them to collectively understand and help tackle the issues the world faces today. Economy Studies: A Guide to Rethinking Economics Education (Amsterdam University Press, 2021) is a practical guide for (re-)designing economics courses and programs. Based on a clear conceptual framework and ten flexible building blocks, this book offers refreshing ideas and practical suggestions to stimulate student engagement and critical thinking across a wide range of courses. Sam de Muijnck is chief economist at the Dutch independent think tank Our New Economy. Earlier, he was the chair of the Future Generations Think Tank, as well as that of the Dutch branch of the international student movement, ‘Rethinking Economics'. He completed his undergraduate economics degree at the Radboud University in Nijmegen, and then pursued an interdisciplinary research master's at the University of Amsterdam. Joris Tieleman completed his PhD from the Institute for Housing and Urban Development Studies, Erasmus University Rotterdam. He previously worked as a staff research journalist for the Volkskrant (a Dutch daily), and co-founded the Dutch branch of Rethinking Economics. Utsav Saksena is a Research Fellow at the National Institute of Public Finance and Policy (NIPFP), an autonomous institute under the Ministry of Finance, Government of India. He can be reached at utsavsaksena95@hotmail.com. Note: opinions expressed in this podcast are purely personal and do not reflect the official position of NIPFP or the Ministry of Finance, Government of India. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/education
Økonomifaget beskyldes ofte for å være høyrevridd, ved å basere seg på modeller som vektlegger økonomisk motivasjon, markeder og rasjonalitet. Er beskyldningen riktig? Og i hvilken grad evner dagens økonomifag å systematisere og operasjonalisere kunnskap om økonomiske fenomener i den virkelige verden? Gjester: Ola Kvaløy, dekan og professor i samfunnsøkonomi ved Handelshøyskolen ved UiS, Kalle Moene, professor emeritus i samfunnsøkonomi ved UiO, Tone Smith, samfunnsgeograf og økologisk økonom i Rethinking Economics og redaktør av «Økonomisk tenkning», og Bård Harstad, samfunnsøkonom og professor ved Økonomisk institutt ved UiO og redaktør i Review of Economic Studies. Møtet ble arrangert under Kåkånomics-festivalen i Stavanger 29. oktober.
Ecological economics is highly critical of mainstream economic thinking and provides new approaches and new solutions to how we could transform our world. However, currently millions of young economists leave their education without even the slightest chance of realising that what they had been offered is a mere indoctrination with mainstream ideas without real critical thinking or alternatives. Today's guest is J. Christopher Proctor, and we talk about Rethinking Economics and other student movements that demand plurality in economics education.
Welcome to episode 69 of Activist #MMT. Today is part two of my two-part conversation with Dirk Ehnts and Asker Voldsgaard. It’s also part four of a larger four-part series on the relationship between neoclassical or mainstream economics and MMT. Parts two and three were with Sam Levey on the core assumptions of mainstream economics. Part one with Dirk and Asker was on the 2020 paper they wrote responding to a 2019 paper by a mainstream economist, expressing the common concern for the long-term fiscal sustainability of government spending and its corresponding debt and interest. The conversation inspired me to write a post which you can find a link to in the show notes: The long-term fiscal sustainability of government spending (is a non-issue) In today’s episode, we take a step back to discuss the larger context in which all these topics exist. For the first half-hour we discuss the monster we truly face, both as MMTers and human beings, as painstakingly and powerfully detailed in the 2017 book Democracy in Chains by Nancy MacLean. For the rest of the show, we talk about what must be done to change our economics and economics education, the latter of which is largely based on the 2014 book, Econocracy. Econocracy was written by three members of Rethinking Economics, which is an international organization of economics students promoting pluralism in the classroom. Asker serves as the vice chair of Rethinking Economics, Denmark. We face multiple catastrophic problems, which Asker summarizes as a financial crisis, inequality, and a climate crisis. These are the big problems that must be addressed with bold solutions. But solutions are not possible until the problem is fully understood – which is not possible until those problems are acknowledged to exist in the first place. Most unfortunately, the powerful have little incentive to stop these crises at all, since they are likely to be the last and least harmed, and in important ways, may even benefit from their happening. As Dirk says, quoting Keynes, “in the long run, it is the ideas that matter.“ The only question is how many of us suffer between now and then. All we can do is take a breath and continue to show people how the economy actually works, to realize that we can decide to use it differently, and that it is time to either make our leaders into better decision makers, or for us to replace those leaders – or become those leaders. There are simply no other options. You will find links to several important figures, books, and sources mentioned by Dirk and Asker, in the show notes. But for now, onto my conversation with Dirk Ehnts and Asker Voldsgaard. Resources Goldman Sachs CEO Lloyd Blankfein: Our Employees Are Among The Most Productive In The World, 03/18/2010 HOW WELL GDP MEASURES THE WELL-BEING OF SOCIETY. Chapter 19.5 of the Open Economics Textbook. Georg Friedrich Knapp's The State Theory of Money (this book is also recommended by my future guest, Panayotis Giannokorus): Full book on Google Books PDF, from here Dirk’s 2020 paper: Knapp's The State Theory of Money and its reception in German academic discourse (PDF) Mariana Mazzucato’s 2018 book, The Value of Everything: Making and Taking in the Global Economy The work of Michael Hudson Samuel von Pufendorf, 1600s German jurist, political philosopher, economist and historian. Mark Carney's lecture on value, validating Mariana Mazzucato's assertions in her book The Value of Everything Symptomatic Redness - Philip Mirowski On neoliberalism and economics education. Nancy MacLean - 4 April 2018 Lecture - OSU MediaSpace
Welcome to episode 69 of Activist #MMT. Today is part two of my two-part conversation with Dirk Ehnts and Asker Voldsgaard. It’s also part four of a larger four-part series on the relationship between neoclassical or mainstream economics and MMT. Parts two and three were with Sam Levey on the core assumptions of mainstream economics. Part one with Dirk and Asker was on the 2020 paper they wrote responding to a 2019 paper by a mainstream economist, expressing the common concern for the long-term fiscal sustainability of government spending and its corresponding debt and interest. The conversation inspired me to write a post which you can find a link to in the show notes: In today’s episode, we take a step back to discuss the larger context in which all these topics exist. For the first half-hour we discuss the monster we truly face, both as MMTers and human beings, as painstakingly and powerfully detailed in the 2017 book by Nancy MacLean. For the rest of the show, we talk about what must be done to change our economics and economics education, the latter of which is largely based on the 2014 book, . Econocracy was written by three members of Rethinking Economics, which is an international organization of economics students promoting pluralism in the classroom. Asker serves as the vice chair of Rethinking Economics, Denmark. We face multiple catastrophic problems, which Asker summarizes as a financial crisis, inequality, and a climate crisis. These are the big problems that must be addressed with bold solutions. But solutions are not possible until the problem is fully understood – which is not possible until those problems are acknowledged to exist in the first place. Most unfortunately, the powerful have little incentive to stop these crises at all, since they are likely to be the last and least harmed, and in important ways, may even benefit from their happening. As Dirk says, quoting Keynes, “in the long run, it is the ideas that matter.“ The only question is how many of us suffer between now and then. All we can do is take a breath and continue to show people how the economy actually works, to realize that we can decide to use it differently, and that it is time to either make our leaders into better decision makers, or for us to replace those leaders – or become those leaders. There are simply no other options. You will find links to several important figures, books, and sources mentioned by Dirk and Asker, in the show notes. But for now, onto my conversation with Dirk Ehnts and Asker Voldsgaard. Resources , 03/18/2010 . Chapter 19.5 of the Open Economics Textbook. Georg Friedrich Knapp's The State Theory of Money (this book is also recommended by my future guest, Panayotis Giannokorus): , from Dirk’s 2020 paper: () Mariana Mazzucato’s 2018 book, : Making and Taking in the Global Economy The , 1600s German jurist, political philosopher, economist and historian. , validating Mariana Mazzucato's assertions in her book The Value of Everything On neoliberalism and economics education.
On the 16th February 2021 we held the online launch of of our latest briefing ‘Health Versus Wealth? UK Economic Policy and Public Health During COVID-19'. The briefing considers how a false dichotomy between public health and economic wealth has contributed to the pandemic taking such a tragic course in the UK. It also considers how cuts to essential health and social services over decades and decades have torn at the social fabric of our communities ─ and what can be done right now to mend this fabric and build up our social immunity. We heard from a panel of experts on the subject, including: • Professor Christina Pagel, Professor of Operational Research at University College London and member of Independent Sage • Christine Berry, trustee of Rethinking Economics, fellow of the Democracy collab and contributing editor of Renewal journal • Dr Monica Sharman, an NHS junior doctor based in Yorkshire & Humber , Medact member and co-author of the briefing • Daniel Carter, Research fellow in social epidemiology at the London School of Hygiene & Tropical Medicine, Medact member and co-author of the briefing Read the briefing: https://link.medact.org/healthvswealthbriefing Sign up for email updates from our Economic Justice & Health Group: http://link.medact.org/economicjustice Sign up to email updates from our Medact Research Network: https://link.medact.org/researchnetwork Find out more about joining Medact as a member: https://www.medact.org/membership/
Renter, dette enkle økonomiske fenomet vi tar for gitt som en del av økonomien, har vidtrekkende konsekvenser. Hva er renter, hvorfor har vi det, og hvordan virker det inn på resten av økonomien? Denne episoden er en panelsamtale om renter. Reidun Gjengedal snakker med Marie Storli, leder av Rethinking economics, samfunnsøkonom og forfatter Roman Eliassen, og sosiolog Margunn Bjørnholt.
You know the drill: Nick and Goldy answer your questions! Did we see ‘pitchforks’ at the Capitol insurrection? What should people who subscribe to the economic theories we talk about in this podcast call themselves? What are the smartest investments the average person can make for a stronger, more prosperous, more democratic America? And more! To ask Nick and Goldy a question for a future AMA, leave us a voicemail at (731) 388-9334. Show us some love by leaving a rating or a review! RateThisPodcast.com/pitchforkeconomics The Pitchforks are Coming… For Us Plutocrats: https://www.politico.com/magazine/story/2014/06/the-pitchforks-are-coming-for-us-plutocrats-108014 CORE Economics: https://www.core-econ.org/ Evonomics: https://evonomics.com/ Institute for New Economic Thinking: https://www.ineteconomics.org/ Rethinking Economics network: https://www.rethinkeconomics.org/ Raising the minimum wage leads to significant gains for workers, not to ‘benefits cliffs’: https://www.nelp.org/publication/raising-minimum-wage-leads-significant-gains-workers-not-benefits-cliffs/ Study finds increasing minimum wage does not cause loss of jobs: https://www.dailycal.org/2018/09/10/study-finds-increasing-minimum-wage-does-not-cause-loss-of-jobs/ Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer
Welcome to episode 66 of Activist #MMT. Today I talk with and on to a paper criticizing Modern Money Theory, or MMT. Dirk is a PhD economist based in Berlin and Asker is a Danish PhD student in innovation and public policy, with a Master’s in international political economy and economics. Their paper is in response to a 2019 paper by Danish PhD mainstream economist , called “." It expresses primarily the mainstream concern for the long-term fiscal sustainability of government spending, and its corresponding debt and interest. Since MMT demonstrates that large amounts of new spending on public purpose is perfectly safe (not to mention desperately needed by millions) the criticism is essentially aimed at the MMT project itself. This interview and the mainstream argument inspired a lengthy post addressing the several assumptions on which the argument is based and why each of them are incorrect. A link to the post can be found in the show notes: . A major reason that Asker and Dirk decided to write their response was because Druedahl’s paper was written in what we consider to be good faith. By that, we mean that it cites MMT academic literature and treats its authors with respect. Too many so-called critiques do neither, pretending that MMT says something it doesn’t and then vehemently criticizing that made-up argument. They are also often snide and personally insulting to the MMT project and its developers and supporters, both as individuals and as a whole. I’ve collected several examples of good-faith arguments against MMT in a post, along with responses by MMTers, a link to which can also be found in the show notes: Regardless of faith, the argument between mainstream and MMT is not occurring in the academic papers themselves but in the assumptions on which those papers are based. In other words, the argument is not taking place in the papers but in the world around them. Asker and Dirk’s response does not directly address Druedahl’s arguments but rather rejects its assumptions and replaces them with ones that reflect the world in which we actually live. After seeing Dirk and Asker’s response, Druedahl stated on Twitter, “this is a non-reply." Especially with those critiques that are of less-than-good faith, they are not written in the spirit of learning or improving MMT, or the economics discipline as a whole. Rather, they are to convince the general public to dismiss MMT and its developers and supporters out of hand. MMT clearly has the more convincing argument and is also understandable by the general public. (It is convincing substantially because it is understandable by the general public.) The only hope mainstream has is to prevent the public from looking at those arguments or to its authors to begin with, and to convince them that if they do, they shouldn’t believe they’re lying eyes. This episode is part one of a two-part conversation, and it’s also part one of a larger four-part series on the relationship between mainstream or neoclassical economics and MMT. Parts two and three are with Sam Levey on the core assumptions of mainstream economics, and part four is again with Dirk and Asker on the larger political context in which these issues exist. And now, onto our conversation. Resources , Asker Voldsgaard Ruge, Rethinking Economics, 2018 , Mark Setterfield, 2006
Welcome to episode 66 of Activist #MMT. Today I talk with Asker Voldsgaard and Dirk Ehnts on their 2020 response to a paper criticizing Modern Money Theory, or MMT. Dirk is a PhD economist based in Berlin and Asker is a Danish PhD student in innovation and public policy, with a Master’s in international political economy and economics. Their paper is in response to a 2019 paper by Danish PhD mainstream economist Jeppe Druedahl, called “A Kinder Egg On MMT." It expresses primarily the mainstream concern for the long-term fiscal sustainability of government spending, and its corresponding debt and interest. Since MMT demonstrates that large amounts of new spending on public purpose is perfectly safe (not to mention desperately needed by millions) the criticism is essentially aimed at the MMT project itself. This interview and the mainstream argument inspired a lengthy post addressing the several assumptions on which the argument is based and why each of them are incorrect. A link to the post can be found in the show notes: The long-term fiscal sustainability of government spending (is a non-issue). A major reason that Asker and Dirk decided to write their response was because Druedahl’s paper was written in what we consider to be good faith. By that, we mean that it cites MMT academic literature and treats its authors with respect. Too many so-called critiques do neither, pretending that MMT says something it doesn’t and then vehemently criticizing that made-up argument. They are also often snide and personally insulting to the MMT project and its developers and supporters, both as individuals and as a whole. I’ve collected several examples of good-faith arguments against MMT in a post, along with responses by MMTers, a link to which can also be found in the show notes: What are some **good-faith** criticisms of Modern Money Theory (MMT)? Regardless of faith, the argument between mainstream and MMT is not occurring in the academic papers themselves but in the assumptions on which those papers are based. In other words, the argument is not taking place in the papers but in the world around them. Asker and Dirk’s response does not directly address Druedahl’s arguments but rather rejects its assumptions and replaces them with ones that reflect the world in which we actually live. After seeing Dirk and Asker’s response, Druedahl stated on Twitter, “this is a non-reply." Especially with those critiques that are of less-than-good faith, they are not written in the spirit of learning or improving MMT, or the economics discipline as a whole. Rather, they are to convince the general public to dismiss MMT and its developers and supporters out of hand. MMT clearly has the more convincing argument and is also understandable by the general public. (It is convincing substantially because it is understandable by the general public.) The only hope mainstream has is to prevent the public from looking at those arguments or to its authors to begin with, and to convince them that if they do, they shouldn’t believe they’re lying eyes. This episode is part one of a two-part conversation, and it’s also part one of a larger four-part series on the relationship between mainstream or neoclassical economics and MMT. Parts two and three are with Sam Levey on the core assumptions of mainstream economics, and part four is again with Dirk and Asker on the larger political context in which these issues exist. And now, onto our conversation. Resources Master's Thesis: Money and the Fiscal Space of Monetarily Sovereign Governments: The Case of Denmark, Asker Voldsgaard Ruge, Rethinking Economics, 2018 Historical time and economic theory, Mark Setterfield, 2006
Aoife O'Leary is the Director of international climate at Environmenral Defense Fund (EDF). She is a lawyer and as specialised on the environmental impacts of international shipping in aviation, she's also a board member of Rethinking Economics, a charity campaigning to reform the economics curriculum in the UK. With Aoife, we talked about growing up in a union household, the murky world of shipping, the potential of renewable energy export, navigating complexity, the right way to implement carbon pricing and what to do with the revenues generated, changing the climate change narrative and having the right incentives for corporates. All the references mentioned in this episode can be found on: http://gosimone.org/episode-19-aoife-oleary-on-decarbonising-shipping-to-unlock-a-global-energy-transition/
Nathan and Sparky speak to Stephanie Kelton, professor of public policy and economics at Stony Brook University and one of the world's foremost experts on modern monetary theory. Stephanie elaborates on the theory behind her book, The Deficit Myth, and why the way we think of federal spending and budgeting is so wrongheaded. This is a preview of an episode available in full to our $5 Patreon subscribers. To listen to the whole episode, as well as lots of other brilliant bonus episodes, please consider becoming one of our subscribers at www.patreon.com/CurrentAffairs!
What is the economy going to look like at the end of the pandemic? Why is the UK government working hand-in-hand with private equity to even further concentrate the economy? Why does this app attempt to fire you for bad vibes? This week, the cast of Riley (@raaleh), Hussein (@HKesvani), Milo (@Milo_Edwards), and Alice (@AliceAvizandum) join special guest Antonia Jennings (@tweetingantonia) of Rethinking Economics (@rethinkecon) to answer these burning questions. If you want one of our *fine* new shirts, designed by Matt Lubchansky, then e-mail trashfuturepodcast [at] gmail [dot] com. £15 for patrons, £20 for non-patrons, plus shipping. *WEB DESIGN ALERT* Tom Allen is a friend of the show (and the designer behind GYDS dot com). If you need web design help, reach out to him here: https://www.tomallen.media/
Hva er verdien av et liv? Under koronakrisen har denne problemstillingen blitt løftet opp og skapt debatt og undring. For kan man – og bør man – sette en prislapp på et menneskeliv? I denne episoden møter du forsker Rune Elvik og samfunnsøkonom Marie Storli. Rune Elvik er Norges fremste ekspert på trafikksikkerhet, og jobber i dag ved Transportøkonomisk institutt.Marie Storli leder Rethinking Economics i Norge, et nettverk av nytenkende forskere og studenter innenfor samfunnsøkonomi. Programleder er Stein Vidar Loftås. Nord-Norge i verden er produsert av Kunnskapsbanken SpareBank 1 Nord-Norge i samarbeid med Helt Digital. Programleder er Stein Vidar Loftås. Ansvarlig redaktør er Audhild Dahlstrøm. Musikken til podkasten er komponert av Emil Karlsen. See acast.com/privacy for privacy and opt-out information.
See https://president.ie/en/diary/details/president-hosts-seminar-rethinking-the-role-of-the-state-in-fostering-a-sustainable-and-inclusive-economy
See https://president.ie/en/diary/details/president-hosts-seminar-rethinking-the-role-of-the-state-in-fostering-a-sustainable-and-inclusive-economy
Endless growth may actually be hurting our economy—and our planet. Economist Kate Raworth makes a case for “doughnut economics”: an alternative way to look at the economic systems ruling our societies and imagine a sustainable future for all. We're doing a TED Interview survey! If you have a few minutes, we'd love to know your thoughts on the show. Find it at: surveynerds.com/tedinterview
Jared Bernstein has a shortlist of economic ideas that he thinks his colleagues have been getting wrong for decades.
June 4th, 2019 marks the 30th anniversary of the bloody culmination of the Chinese government´s Tiananmen Massacre of pro-democracy students and activists. But all public discussion and memories of the massacre have been erased within China itself. In our second episode from the Oslo Freedom Forum we will take a trip behind the Great Firewall into modern day China where the most ambitious and sophisticated attempt to control the flow and content of information in the history of mankind is taking place. To enlighten us, we sat down with Megha Rajagopalan who is a world correspondent for BuzzFeed News and Yuan Yang who is Financial Times´s Beijing correspondent. In this discussion we explore: The structure of Chinese online censorship and surveillance, in terms of scope and purpose. How the Chinese Government applies new technologies like facial recognition and AI to ensure conformity in thoughts and action. How the online public is being ‘flooded’ with pro-government propaganda in order to suppress criticism. How Xinjiang province has been turned into a surveillance police state How Western Companies, who enjoy the protection of the rule of law, play a role in the Chinese censorship system How China is exporting its super charged system on censorship beyond its borders, and why even western liberal democracies may not be immune. How the extensive censorship may actually limit the Chinese government´s endeavors to control and monitor its citizens. Why there may still be grounds for optimism Megha Rajagopalan is a world correspondent for BuzzFeed News and is based in the Middle East. She is the former China bureau chief for BuzzFeed and political correspondent for Reuters in Beijing. Her work has also appeared in The New York Times, The Wall Street Journal, TIME, WIRED, and other publications. Yuan Yang is a Beijing correspondent for the Financial Times and writes about China’s technology. Before that, she wrote about development economics as a Marjorie Deane intern for the Economist in London. She is the co-founder of Rethinking Economics, a charity that seeks to make economics teaching more relevant to the 21st century. Why have kings, emperors, and governments killed and imprisoned people to shut them up? And why have countless people risked death and imprisonment to express their beliefs? Jacob Mchangama guides you through the history of free speech from the trial of Socrates to the Great Firewall. You can subscribe and listen to Clear and Present Danger on Apple Podcasts, Google Play, YouTube, TuneIn, and Stitcher, or download episodes directly from SoundCloud. Stay up to date with Clear and Present Danger on the show’s Facebook and Twitter pages, or visit the podcast’s website at freespeechhistory.com. Email us feedback at freespeechhistory@gmail.com.
I met with John Komlos, an American economic historian of Hungarian descent and former holder of the Chair of Economic History at the University of Munich. We spoke about his latest book, Foundations of Real-World Economics: What Every Economics Student Needs to Know (Routledge, 2019). This is a very original textbook, a good answer to the call from the Rethinking Economics movement to revise our economics textbooks and programmes. Komlos argues that the 2008 financial crisis, the rise of Trumpism and the other populist movements which have followed in their wake ‘have grown out of the frustrations of those hurt by the economic policies advocated by conventional economists for generations. Despite this, textbooks continue to praise conventional policies such as deregulation and hyperglobalization.’ His book demonstrates how misleading it can be to apply oversimplified models of perfect competition to the real world. ‘The math works well on college blackboards but not so well on the Main Streets of America. This volume explores the realities of oligopolies, the real impact of the minimum wage, the double-edged sword of free trade, and other ways in which powerful institutions cause distortions in the mainstream models. Bringing together the work of key scholars, such as Kahneman, Minsky, and Schumpeter, this book demonstrates how we should take into account the inefficiencies that arise due to asymmetric information, mental biases, unequal distribution of wealth and power, and the manipulation of demand.’ This book offers students a valuable introductory text with insights into the workings of real markets not just imaginary ones formulated by blackboard economists. A must-have for students studying the principles of economics as well as micro- and macroeconomics. It is a very original book, in the ambition, in the way it is written, even in its evocative chapter titles and in the unusual tables, carts, diagrams and pictures. I hope you will enjoy the podcast and the book itself. Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in rural China. He is the co-convener of the EAEPE’s permanent track on Critical Management Studies. Learn more about your ad choices. Visit megaphone.fm/adchoices
I met with John Komlos, an American economic historian of Hungarian descent and former holder of the Chair of Economic History at the University of Munich. We spoke about his latest book, Foundations of Real-World Economics: What Every Economics Student Needs to Know (Routledge, 2019). This is a very original textbook, a good answer to the call from the Rethinking Economics movement to revise our economics textbooks and programmes. Komlos argues that the 2008 financial crisis, the rise of Trumpism and the other populist movements which have followed in their wake ‘have grown out of the frustrations of those hurt by the economic policies advocated by conventional economists for generations. Despite this, textbooks continue to praise conventional policies such as deregulation and hyperglobalization.’ His book demonstrates how misleading it can be to apply oversimplified models of perfect competition to the real world. ‘The math works well on college blackboards but not so well on the Main Streets of America. This volume explores the realities of oligopolies, the real impact of the minimum wage, the double-edged sword of free trade, and other ways in which powerful institutions cause distortions in the mainstream models. Bringing together the work of key scholars, such as Kahneman, Minsky, and Schumpeter, this book demonstrates how we should take into account the inefficiencies that arise due to asymmetric information, mental biases, unequal distribution of wealth and power, and the manipulation of demand.’ This book offers students a valuable introductory text with insights into the workings of real markets not just imaginary ones formulated by blackboard economists. A must-have for students studying the principles of economics as well as micro- and macroeconomics. It is a very original book, in the ambition, in the way it is written, even in its evocative chapter titles and in the unusual tables, carts, diagrams and pictures. I hope you will enjoy the podcast and the book itself. Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in rural China. He is the co-convener of the EAEPE’s permanent track on Critical Management Studies. Learn more about your ad choices. Visit megaphone.fm/adchoices
I met with John Komlos, an American economic historian of Hungarian descent and former holder of the Chair of Economic History at the University of Munich. We spoke about his latest book, Foundations of Real-World Economics: What Every Economics Student Needs to Know (Routledge, 2019). This is a very original textbook, a good answer to the call from the Rethinking Economics movement to revise our economics textbooks and programmes. Komlos argues that the 2008 financial crisis, the rise of Trumpism and the other populist movements which have followed in their wake ‘have grown out of the frustrations of those hurt by the economic policies advocated by conventional economists for generations. Despite this, textbooks continue to praise conventional policies such as deregulation and hyperglobalization.’ His book demonstrates how misleading it can be to apply oversimplified models of perfect competition to the real world. ‘The math works well on college blackboards but not so well on the Main Streets of America. This volume explores the realities of oligopolies, the real impact of the minimum wage, the double-edged sword of free trade, and other ways in which powerful institutions cause distortions in the mainstream models. Bringing together the work of key scholars, such as Kahneman, Minsky, and Schumpeter, this book demonstrates how we should take into account the inefficiencies that arise due to asymmetric information, mental biases, unequal distribution of wealth and power, and the manipulation of demand.’ This book offers students a valuable introductory text with insights into the workings of real markets not just imaginary ones formulated by blackboard economists. A must-have for students studying the principles of economics as well as micro- and macroeconomics. It is a very original book, in the ambition, in the way it is written, even in its evocative chapter titles and in the unusual tables, carts, diagrams and pictures. I hope you will enjoy the podcast and the book itself. Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in rural China. He is the co-convener of the EAEPE’s permanent track on Critical Management Studies. Learn more about your ad choices. Visit megaphone.fm/adchoices
I met with John Komlos, an American economic historian of Hungarian descent and former holder of the Chair of Economic History at the University of Munich. We spoke about his latest book, Foundations of Real-World Economics: What Every Economics Student Needs to Know (Routledge, 2019). This is a very original textbook, a good answer to the call from the Rethinking Economics movement to revise our economics textbooks and programmes. Komlos argues that the 2008 financial crisis, the rise of Trumpism and the other populist movements which have followed in their wake ‘have grown out of the frustrations of those hurt by the economic policies advocated by conventional economists for generations. Despite this, textbooks continue to praise conventional policies such as deregulation and hyperglobalization.’ His book demonstrates how misleading it can be to apply oversimplified models of perfect competition to the real world. ‘The math works well on college blackboards but not so well on the Main Streets of America. This volume explores the realities of oligopolies, the real impact of the minimum wage, the double-edged sword of free trade, and other ways in which powerful institutions cause distortions in the mainstream models. Bringing together the work of key scholars, such as Kahneman, Minsky, and Schumpeter, this book demonstrates how we should take into account the inefficiencies that arise due to asymmetric information, mental biases, unequal distribution of wealth and power, and the manipulation of demand.’ This book offers students a valuable introductory text with insights into the workings of real markets not just imaginary ones formulated by blackboard economists. A must-have for students studying the principles of economics as well as micro- and macroeconomics. It is a very original book, in the ambition, in the way it is written, even in its evocative chapter titles and in the unusual tables, carts, diagrams and pictures. I hope you will enjoy the podcast and the book itself. Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in rural China. He is the co-convener of the EAEPE’s permanent track on Critical Management Studies. Learn more about your ad choices. Visit megaphone.fm/adchoices
I met with John Komlos, an American economic historian of Hungarian descent and former holder of the Chair of Economic History at the University of Munich. We spoke about his latest book, Foundations of Real-World Economics: What Every Economics Student Needs to Know (Routledge, 2019). This is a very original textbook, a good answer to the call from the Rethinking Economics movement to revise our economics textbooks and programmes. Komlos argues that the 2008 financial crisis, the rise of Trumpism and the other populist movements which have followed in their wake ‘have grown out of the frustrations of those hurt by the economic policies advocated by conventional economists for generations. Despite this, textbooks continue to praise conventional policies such as deregulation and hyperglobalization.’ His book demonstrates how misleading it can be to apply oversimplified models of perfect competition to the real world. ‘The math works well on college blackboards but not so well on the Main Streets of America. This volume explores the realities of oligopolies, the real impact of the minimum wage, the double-edged sword of free trade, and other ways in which powerful institutions cause distortions in the mainstream models. Bringing together the work of key scholars, such as Kahneman, Minsky, and Schumpeter, this book demonstrates how we should take into account the inefficiencies that arise due to asymmetric information, mental biases, unequal distribution of wealth and power, and the manipulation of demand.’ This book offers students a valuable introductory text with insights into the workings of real markets not just imaginary ones formulated by blackboard economists. A must-have for students studying the principles of economics as well as micro- and macroeconomics. It is a very original book, in the ambition, in the way it is written, even in its evocative chapter titles and in the unusual tables, carts, diagrams and pictures. I hope you will enjoy the podcast and the book itself. Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in rural China. He is the co-convener of the EAEPE’s permanent track on Critical Management Studies. Learn more about your ad choices. Visit megaphone.fm/adchoices
Onsdag den 20 marts afholdte Biblioteket Frederiksberg et debatarrangement om den nye makroøkonomiske skole, der hedder Moderne Monetær Teori (MMT). Til at debattere dette fænomen fik vi besøg af Jeppe Druedahl, adjunkt i økonomi ved Københavns universitet og Asker Voldsgaard Cand Scient. Pol og næstformand i organisationen Rethinking Economics. Lyt til hele debatten her.
In Episode 55, Quinn & Brian ask: What are the energy requirements of well-being? Our guest is Julia Steinberger, a Professor of Social Ecology & Ecological Economics at the University of Leeds School of Earth and Environment. Her research examines the connections between resource use (energy and materials, greenhouse gas emissions) and societal performance (economic activity and human wellbeing) – or, what happens when you drive your car every damn day. She is interested in quantifying the current and historical linkages between resource use and socioeconomic parameters, and identifying alternative development pathways to guide the necessary transition to a low carbon society. Basically, all her research can be boiled down to one important question: are we going to make it and maintain our standard of living, given the resources available to us and the technology we have now? And, well... it’s possible, but it’s not going to be easy and some things are going to have to change. Fast. Trump’s Book Club: Doughnut Economics by Kate Raworth: https://www.amazon.com/registry/wishlist/3R5XF4WMZE0TV/ref=cm_sw_r_cp_ep_ws_2Gr8Ab6RS5WF3 Links: Learn more about Prof. Steinberger: https://environment.leeds.ac.uk/see/staff/1553/professor-julia-steinberger Twitter: https://twitter.com/jksteinberger Check out Living Well Within Limits: https://lili.leeds.ac.uk/ Watch “Ayana Elizabeth Johnson: How to use the ocean without using it up”: https://www.ted.com/talks/ayana_elizabeth_johnson_how_to_use_the_ocean_without_using_it_up Cars vs Bus vs Bikes: https://humantransit.org/2012/09/the-photo-that-explains-almost-everything.html Listen to Doughnut Economics, Rethinking Economics for the 21st Century: Kate Raworth and Azeem Azhar in Conversation: http://exponentialview.libsyn.com/doughnut-economics-rethinking-economics-for-the-21st-century-kate-raworth-and-azeem-azhar-in-conversation Connect with us: Subscribe to our newsletter at ImportantNotImportant.com! Intro/outro by Tim Blane: timblane.com Follow Quinn: twitter.com/quinnemmett Follow Brian: twitter.com/briancolbertken Like and share us on Facebook: facebook.com/ImportantNotImportant Check us on Instagram: instagram.com/ImportantNotImportant Follow us on Twitter: twitter.com/ImportantNotImp Pin Support this podcast
Er vi trygge nå? Finanskrisen 2008 kastet verden ut i den verste økonomiske nedturen siden depresjonen på 1930-tallet. Når og hvor kommer neste krise? Ebba Boye, Rethinking Economics. Chr. A. Smedshaug, Agri Analyse, forfattar av boka "Gjeld". Espen Henriksen, førsteamanuensis, BI. Torfinn Harding, prof. i økonomi, NHH. Programleder: Maria Berg Reinertsen, journalist i Morgenbladet.
Verden over er økonomistuderende begyndt at organisere sig for at reformere økonomistudiet. Deres kritik er, at det moderne økonomistudie er blevet alt for abstrakt og har fået et ensporet fokus på nyklassisk teori. Derfor ønsker de en debat om manglen på økonomisk pluralisme. Sange om merværdi fortsætter samtalen med Philip Frost fra Kritiske Politter og Mads Falkenfleth fra Rethinking Economics Danmark. Vi skal diskutere årsager og løsninger på den teoretiske ensporethed, hvordan den akademiske verden har reageret på organisationerne og hvilke konkrete ting, de planlægger for det kommende år. Del 2 / 2
Maeve Cohen, Co-director of Rethinking Economics, talks with EconTalk host Russ Roberts about her organization and its efforts to change economics education. Cohen, who co-founded the Post-Crash Economics Society, argues for a more human-centered approach to economics that would be less confident in its policy prescriptions and more honest about the significance of its underlying assumptions.
Kate Raworth, senior visiting research associate at Oxford University’s Environmental Change Institute, discusses the Doughnut economics framework as the essence of rethinking economics for a world inhabited by 10 billion people and hit by climate change and social justice struggles. Kate sets a vision for an equitable and sustainable future.
Verden over er økonomistuderende begyndt at organisere sig for at reformere økonomistudiet. Deres kritik er, at det moderne økonomistudie er blevet alt for abstrakt og har fået et ensporet fokus på nyklassisk teori. Derfor ønsker de en debat om manglen på økonomisk pluralisme. Sange om Merværdi er rejst til Stockholm for at interviewe Sammy-Sebastian Tawakkoli og Alyona Kashyna fra Rethinking Economics Sweden og høre mere om bevægelsen. Herefter skal vi til København, hvor Philip Frost fra Kritiske Politter og Mads Falkenfleth fra Rethinking Economics Danmark diskuterer den nyklassiske skoles dominans og økonomisk pluralisme. Del 1 / 2
In this week’s episode of the Intelligence Squared podcast, Oxford economist and author of Doughnut Economics Kate Raworth sat down with Matthew Taylor, chief executive of the RSA, to discuss her transformative ideas for a new economy. See acast.com/privacy for privacy and opt-out information.
As the world dealt with the fallout of the 2008 financial crash the hunt began for someone to blame. One group of people was suddenly thrust into the spotlight - economists. If they could not see such a catastrophe coming, had the world's economists been asleep on the job, inept, or just blind to the crucial warning signs? As an economist himself, professor Ian Goldin thinks economists deserve a share of the blame. He looks at the ways the financial crash led to a crisis in his own profession, and to huge changes in the way economics is thought about and taught. Why should we care? Remember these are the people who steer the financial systems on which we all depend. If they give bad advice, it can wreck your economy. Ian argues that economics needs to get away from some of its old ideas about treating human behaviour as a rational, rather macho science, and open itself up to ideas from across the whole world. But in the end, should we all try harder to be economically literate and better able to spot dangers on the horizon? Guests include the head of the IMF Christine Lagarde, Bank of England chief economist Andy Haldane, former World Bank managing director and finance minister of Nigeria Ngozi Okonjo-Iweala, author of Who Cooked Adam Smith's Dinner? Katrine Marçal, and Nobel-prize winning economist Joseph Stiglitz. (Photo: Business man with his head in his hands. Credit: Getty Images)
Laurie Taylor examines the role of business schools in the UK and abroad. Martin Parker joins him in the studio to discuss the arguments in his book Shut Down the Business School - What's Wrong with Management Education. Laurie is joined on the line from New York by the author of The Golden Passport - Harvard Business School, the Limits of Capitalism, and the Moral Failure of the MBA Elite, Duff McDonald. Are there similarities between the American business school model and its British counterpart? With some MBAs costing in excess of £75,000 in the UK, what is the lure for prospective students and is the qualification worth the money? Or should we be thinking beyond the monetary value of MBAs and focus instead on what MBA graduates could be giving back to society and the importance of corporate responsibility? Maeve Cohen is the Director of Rethinking Economics, an organisation which argues for a change in the way that economics is taught and calls for more diversity and historical context in the economics curriculum, and she also joins the discussion.
Wat gaat er toch mis met het economengilde? Heeft het Nederlandse economieonderwijs zich verloren in wiskunde en neoliberale dogma's? De beweging Rethinking Economics biedt tegengif (*bedoem tsss) ***SHOWNOTES*** Ewald Engelen, Groene Amsterdammer, ‘Madrassa’s’ https://www.groene.nl/artikel/madrassa-s Martijn Jeroen van der Linden, ‘Ons economieonderwijs is waardeloos’ https://www.ftm.nl/artikelen/ons-economieonderwijs-te-smal-te-abstract-en-te-wiskundig?share=1 Eric Posner en Glen Weyl, ‘How Economists Became So Timid’ https://www.chronicle.com/article/How-Economists-Became-So-Timid/243326 Rethinking Economics NL, 'Thinking like an Economist' http://www.rethinkingeconomics.nl/ '33 Theses for an economics reformation' http://www.newweather.org/wp-content/uploads/2017/12/33-Theses-for-an-Economics-Reformation.pdf
The boys are back in town, after a well-earned Easter break, bringing your fresh ideas and even fresher takes to resist the crushing anxiety of a world gone mad. ___ FEATURE Academic, economist and humanitarian Kate Raworth sits down with Warren to discuss her paradigm-shifting book 'Doughnut Economics: 7 Ways To Think Like a 21st Century Economist". It's an incredibly accessible read packed with insight from both economic theory and real experiences working in the humanitarian sector. Warren digs up why Kate felt compelled to write the book, what the response since has been like, and what we can do to promote its ideas. You can find more out about Doughnut Economics, including some nifty animated shorts, at https://www.kateraworth.com/ Kate also tweets: https://twitter.com/KateRaworth She shouts out the awesome Rethinking Economics: http://www.rethinkeconomics.org/ And she name-checks a few of her inspirations: Janine Benyus - Biomimicry https://www.goodreads.com/book/show/432853.Biomimicry Donella Meadows - Thinking In Systems https://www.goodreads.com/book/show/3828902-thinking-in-systems Marjorie Kelly - Owning Our Future https://www.goodreads.com/book/show/13434598-owning-our-future ___ CENTRIST WATCH The gang discuss the funniest joke of the last fortnight - stirrings of a new centrist party. The Lib Dems weep. The electorate shrug. And the gang lament the baffling ignorance of what our times call for. ___ BIG THINKING We finish up with a discussion of the landmark ECJ ruling in favour of a person's right to be forgotten on search engine results. Will we distinguish between who does and doesn't deserve to be forgotten? Will this change tech companies behaviours long term? And Rowan highlights the wider policy context of new privacy laws and class-action rights coming into force in the EU. ___ Like what you hear? Support us by... Following on Soundcloud! Subscribing and Reviewing on ITunes – itunes.apple.com/gb/podcast/connected-disaffected/ Following on Twitter – twitter.com/CandDPodcast Following on FB – www.facebook.com/connectedanddisaffected/ Email your comments and ideas - connectedanddisaffected@gmail.com
Liliann Fischer (University of Kent), Ben Fine (SOAS), Alfredo Saad Filho (SOAS) Rethinking Economics takes action: The Open Economics Forum and SOAS Department of Economics will be hosting a book launch for the recently published reader "Rethinking Economics - An Introduction to Pluralist Economics". The book is among the very first to provide a concise overview of different schools of thought in economics. The book launch will feature one of the editors, Liliann Fischer (University of Kent), as well as Professors Ben Fine (Economics, SOAS) and Alfredo Saad Filho (Development Studies, SOAS) who contributed with a chapter on 'Marxist Economics'. Speaker biographies: Liliann Fischer has an International Relations background, recently graduating from her first Master’s degree in Global Conflict and Peace Processes at the University of Aberdeen and is now studying for a second degree in Political Psychology at the University of Kent, UK. Ben Fine is Professor of Economics at the SOAS Department of Economics. He is the author of a number of works in the broad tradition of Marxist economics, and has made contributions on economic imperialism and social capital. He took his doctorate in economics at the London School of Economics, under the supervision of Amartya Sen. Alfredo Saad Filho is a Professor of Political Economy at the SOAS Department of Development Studies. Alfredo has degrees in Economics from the Universities of Brasilia (Brazil) and London (SOAS). He has worked in universities and research institutions based in Brazil, Canada, Japan, Mozambique, Switzerland and the UK, and was a senior economic affairs officer at the United Nations Conference on Trade and Development (UNCTAD). His research interests include the political economy of development, industrial policy, neoliberalism, alternative economic policies, Latin American political and economic development, inflation and stabilisation, and the labour theory of value and its applications. Speakers: Liliann Fischer (University of Kent), Ben Fine (SOAS), Alfredo Saad Filho (SOAS) Organiser: Organised jointly with the Open Economics Forum. Event Date: 21 February 2018 Released by: SOAS Economics Podcast
Det er ikke til å stikke under en stol at økonomer innehar en stor del av maktposisjonene verden over, og økonomiske argumenter vinner gjennomgående frem i samfunnsdebatten. Med dette som utgangspunkt er det naturlig å anta at dagens økonomiutdanning gir et bredt innblikk i samfunnsvitenskapelige teorier og strukturer. Samtidig blir økonomiutdanninger verden over kritisert for å være ensrettede, og for ikke å ta innover seg den økonomiske virkeligheten. Kritikken kommer blant annet fra alternative økonomer og den nyoppstartede studentbevegelsen Rethinking Economics. Kritikerne etterlyser et større mangfold av økonomiske teorier, samt en anerkjennelse av begrensningene til de modellene som i dag læres bort.
The current economic system has provided humanity with many material benefits. However those benefits have been unequally shared. In this episode we hear from Cait Crosse, the New Economy Project Manager in Quaker Peace & Social Witness. The project is enabling Quakers and others to articulate a vision of how the economy could be transformed. Cait shares what's happening with the project and interviews Yuan Yang, Beijing correspondent for the Financial Times and founder of Rethinking Economics. Find out more: http://www.quaker.org.uk/new-economy http://www.rethinkeconomics.org/
Trening er veien til god helse og et godt liv. Neida, ikke nødvendigvis, sier idrettsforsker “Økonomifaget er i krise” det hevder nettverket Rethinking Economics. Vi tok debatten, der de møtte Økonomisk institutt ved Universitetet i Oslo. Hva er greia med franskmenn og religiøs bekledning? Hvis man ser på Assads instagramkonto var alt fryd og gammen i Syria. Hva sier sosiale medier oss om situasjonen i landet?
Our climate is changing, caused by what many believe to be the relentless economic exploitation of the planet's resources. What are the social, human and political consequences of these changes and how can Europe act together to help forge an alternative approach? On 16 March 2016, Free Word and Rethinking Economics held an evening of discussion and spoken word poetry around these issues, inviting responses from economists, social thinkers, poets and the public.
Kirsty chats to special guest Yuan Yang, co-founder of Rethinking Economics, an international network of students campaigning for better economics education. Weekly Economics Podcast on Twitter: www.twitter.com/weeklyeconpod Yuan Yang on Twitter: www.twitter.com/YuanfenYang Rethinking Economics on Twitter: www.twitter.com/RethinkEcon Kirsty Styles on Twitter: www.twitter.com/kirstystyles1 Produced by James Shield. Programme editor for NEF: Huw Jordan. A special Weekly Economics Podcast shout-out to the Observer's Miranda Sawyer for this lovely review last week: http://www.theguardian.com/tv-and-radio/2015/jun/14/radio-review-eddie-mair-robert-peston-julian-barnes-beats1 Brought to you by the New Economics Foundation – the independent think tank and charity campaigning for a fairer, sustainable economy. Find out more at www.neweconomics.org. Like this week's music? Find us on Spotify: www.sptfy.com/4rg Music by Podington Bear used under Creative Commons BY-NC Licence www.podingtonbear.com
Cambridge Judge Business School Discussions on Economics & Policy
Michael Kitson compares the current global recession to the Great Depression of the 1930s, and feels that austerity is here for a long time unless there is a change in economic policy globally as we well as in the UK.