By John Haly and Dr. Martha Knox-Haly, originally published at Auswakeup Media. We now go on to part two of our discussion of the concept of a “Mismatched Unemployment Inflationary Rate” (MUIR), which would use a federal job guarantee to bridge the gap between full employment policies and the inflationary risk associated with mismatched skills… Read More Positing Job Guarantee Antecedents – Part 2 of 2
By John Haly and Dr. Martha Knox-Haly, originally published at Auswakeup Media. Any monetary sovereign government can address unemployment through social and political means, giving the working class a functional financial safety net. What stands in the way, however, is the political establishment’s lack of will and refusal to renounce neo-liberal ideology, which uses the… Read More Positing Job Guarantee Antecedents – Part 1 of 2
Addressing global warming by increasing energy production have created new difficulties and concerns that must be addressed. The global economies are currently experiencing significant structural transformations as they transition towards a low-carbon economy. The forthcoming transition will be characterised by significant changes in technology, manufacturing systems, resource management, consumption and cultural patterns. For instance, the… Read More Green education
This is the second part of Lecture 9 in Advanced Macro II, Spring 2019, at PIDE by Dr. Asad Zaman. The first part (L09A: Why Minsky Matters) covers the first 27m of the YouTube lecture linked below. The second part, L09B, starts 27:22m is about 1hr long: A 1500 word summary/outline of the key… Read More Mainstream Versus Minsky
Advanced Macroeconomics II – Spring 2019 – PIDE – Dr. Asad Zaman. Course Website: https://bit.do/az4macro . Lecture 9 is provides an introduction to L Randall Wray “Why Minsky Matters”. This post [L09A] covers the first portion (00-27:22m) of the lecture linked in the YouTube Video Below: AM2 L09A – first half of lecture 9 compares… Read More Why Minsky Matters
Something for PhD Students and early-career researchers thirsty of pluralistic education: CALL FOR APPLICATIONS Poznań Summer School in Heterodox Economics 3rd edition 12.09.2018-16.09.2018 Poznań University of Economics and Business The School is intended for PhD Students and early-career researchers interested in heterodox approaches to studying complex economic phenomena. We provide an international learning environment… Read More CFA: Poznan Summer School in Heterodox Economics
[bit.do/azifa] Lecture 1 on Rise and Fall of the Gold Standard, on Friday 4th May 2018 in AR Kemal Rm at PIDE, by Dr. Asad Zaman, VC PIDE. 1hr 20m Video Lecture. Shortlink for Lecture 2: bit.do/azifa3 – 1hr lecture for general public (non-economists): Understanding International Finance. 3100 word summary of lecture:
[[bit.do/weafm]] In “The Trouble with Macro”, Romer writes that macro-economists casually dismiss facts, and the profession as a whole has gone backwards over the past few decades, losing precious and hard-won knowledge. He does not consider WHY this happened. What are the methodological flaws that create the possibility of moving backwards, losing knowledge, affirming theories… Read More Friedman’s Methodology: A Stake through the Heart of Reason
This is a summary of the introduction/motivation part of href=”https://sites.google.com/site/az4math/ll15europe19th”>Lecture 15 on Advanced Microeconomics II, delivered at PIDE in Spring Semester 2017. The lecture is about 19th Century European History, and how it is deeply entangled with Modern Economic Theory. We cannot understand one without the other. 19th Century European Economic Ideas In Historical Context.… Read More Three Methodologies
[bit.do/azfiv] Rafi Amir-ud-Din and Asad Zaman “Failures of the ‘Invisible Hand’” Forum for Social Economics Vol. 45, Iss. 1, 2016 pp 41-60. Textbooks, like Mankiw, state that the four claims listed below are at the center of modern economics. Our goal in this paper is to show that all four of these claims are wrong. 1. Participants in… Read More Failures of the Invisible Hand
WEA Pedagogy Blog 