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Veblen’s Institutionalist Elaboration of Rent Theory | Michael Hudson

Veblen’s Institutionalist Elaboration of Rent Theory | Michael Hudson | Heterodox economics | Scoop.it
Michael Hudson's new book The Bubble and Beyond has just been released and can be purchased via here. Speech given at the Veblen, Capitalism and Possibi...
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Heterodox economics
Economics is a social science which requires a critical pluralistic approach, to be useful.
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Banks are not intermediaries of loanable funds – and why this matters

Banks are not intermediaries of loanable funds – and why this matters | Heterodox economics | Scoop.it
Problems in the banking sector played a critical role in triggering and prolonging the Great Recession. Unfortunately, standard macroeconomic models were initially not ready to provide much support...
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Bill Viola video installation heralds new national exhibition space for faith art

Bill Viola video installation heralds new national exhibition space for faith art | Heterodox economics | Scoop.it
Bespoke version of work shown at St Paul’s Cathedral in 2014 depicting martyrdom and the elements is first at St Peter’s Chapel, Auckland Castle
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Piketty and the non-applicability of neoclassical economics

Piketty and the non-applicability of neoclassical economics | Heterodox economics | Scoop.it
from Lars Syll In yours truly’s On the use and misuse of theories and models in economics the author of Capital in the Twenty-First Century is criticized for not being prepared to fully take the co...
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Greek bank deposit migration – another neo-liberal smokescreen | Bill Mitchell – billy blog

Greek bank deposit migration – another neo-liberal smokescreen | Bill Mitchell – billy blog | Heterodox economics | Scoop.it
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A primary fiscal deficit Never ever? I don’t think so | Bill Mitchell – billy blog

A primary fiscal deficit Never ever? I don’t think so | Bill Mitchell – billy blog | Heterodox economics | Scoop.it
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Robin Hahnel (2014): Political Economy and Economics – Past, Present & Future - YouTube

Open discussion between Robin Hahnel and Ville-Pekka Sorsa "Political Economy and Economics: Past, Present and the Future" at University of Helsinki on Decem...
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Rising Arrogance and Declining Debate in Economics

Rising Arrogance and Declining Debate in Economics | Heterodox economics | Scoop.it
Two recently released studies have highlighted very dangerous trends in mainstream economics that shield the profession from the kind of reflexive critical thinking that's needed to keep it honest ...
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pdeppisch's curator insight, January 29, 11:13 AM

I think economics has always been very fractious - Keynes vs Hayek, etc.

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Smart Austerity – its just the same dumb austerity | Bill Mitchell – billy blog

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Rentier Machinations | Michael Hudson

Prof Michael Hudson on the global machinations unveiling in 20915 from Switzerland's money laundering to Greece, new energy alliances and the role of sanctions.
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Rising inequality – fundamental changes required | Bill Mitchell – billy blog

Rising inequality – fundamental changes required | Bill Mitchell – billy blog | Heterodox economics | Scoop.it
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How rising debt causes inequality and crisis

How rising debt causes inequality and crisis | Heterodox economics | Scoop.it
In a (for me!) brief presentation with 7 slides, I explain why rising private debt necessarily causes increased inequality, and leads to an
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Global Financialization 2015 - The state of play | Michael Hudson

Michael Hudson in fine form digging into the geo-political plays determined by financial rent-seeking.
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Bank of England finally catches on – mainstream monetary theory is erroneous | Bill Mitchell – billy blog

Bank of England finally catches on – mainstream monetary theory is erroneous | Bill Mitchell – billy blog | Heterodox economics | Scoop.it
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Can a band of rebel economists change economic thought before it's too late?

Can a band of rebel economists change economic thought before it's too late? | Heterodox economics | Scoop.it
To the uninitiated, Carmen Reinhart’s reaction to our protest at her talk at the American Economic Association conference might seem understandable. After all, our group of rebel economics students...
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What Thomas Piketty and Larry Summers Don’t Tell You About Income Inequality | naked capitalism

Piketty's tax proposals fall well short of the major changes needed to keep us from becoming a Downton Abbey society.
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On The Origins of Participatory Economics

On The Origins of Participatory Economics | Heterodox economics | Scoop.it
The second video from Robin's European tour by Parecon Finland. An excerpt from a discussion between Robin Hahnel and Ville-Pekka Sorsa "Political Economy and Economics: Past, Present and the Futur...
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MODEST PROPOSAL

MODEST PROPOSAL | Heterodox economics | Scoop.it
The establishment of this blog coincided with our  campaign for a rational resolution of the euro crisis. By we, I mean Stuart Holland and myself. Such a resolution, we felt, was always feasible wi...
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CADTM - Joseph Stiglitz shows that a suspension of debt repayments can be beneficial for a country and its people

CADTM - Joseph Stiglitz shows that a suspension of debt repayments can be beneficial for a country and its people | Heterodox economics | Scoop.it
Since the European Union started facing an abyssal debt crisis and several countries have been caught in the stranglehold of their creditors, the (...)
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Greek elections – a solution doesn’t appear to be forthcoming | Bill Mitchell – billy blog

Greek elections – a solution doesn’t appear to be forthcoming | Bill Mitchell – billy blog | Heterodox economics | Scoop.it
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