Peer2Politics
Follow
Find tag "economics"
100.9K views | +0 today
Peer2Politics
on peer-to-peer dynamics in the field of politics, economics and institutions
Curated by jean lievens
Your new post is loading...
Scooped by jean lievens
Scoop.it!

'Neglected Prophet' of Economics Got It Right

'Neglected Prophet' of Economics Got It Right | Peer2Politics | Scoop.it

In some parts of Europe, negative interest rates are creating absurd situations. In France, some corporate bonds pay interest to the issuer because they were linked to a benchmark rate that has dropped below zero. In Sweden, Denmark and Switzerland, banks are turning depositors away with threats of negative interest rates. If this goes on much longer, we'll be living in the world of "free money" imagined by the economic dreamer and adventurer Silvio Gesell in the 19th century.

more...
No comment yet.
Scooped by jean lievens
Scoop.it!

The Case for Economic Co-operation, as Well as Competition - Huffington Post UK

The Case for Economic Co-operation, as Well as Competition - Huffington Post UK | Peer2Politics | Scoop.it
If competition ends up as being a fight to the finish, then we need a new way of thinking about economic success.
more...
No comment yet.
Scooped by jean lievens
Scoop.it!

EconoSpeak: Tragedy of the Wages-Rut System

EconoSpeak: Tragedy of the Wages-Rut System | Peer2Politics | Scoop.it

In a 2013 article, "Generalizing the core design principles for the efficacy of groups," David Wilson, Elinor Ostrom and Michael Cox recount Garrett Hardin's classic parable of the pasture overgrazed by farmers, each pursuing their own private interest by adding more cattle to their herd. Hardin's grim conclusion of a "tragedy of the commons" was shown to be avoidable  by Ostrom's Nobel Prize winning research, in that, "when certain conditions are met groups of people are capable of sustainably managing their common resources [emphasis in original]."

more...
No comment yet.
Scooped by jean lievens
Scoop.it!

Prof. Steve Keen on Debunking Economics In 2015

About the Speaker: Steve Keen is Associate Professor of Economics & Finance at the University of Western Sydney. His main academic research interest is in ...
more...
No comment yet.
Scooped by jean lievens
Scoop.it!

Chris Anderson - Free: The Future of a Radical Price

Chris Anderson - Free: The Future of a Radical Price | Peer2Politics | Scoop.it
Chris Anderson, the groundbreaking author of the Long Tail visits the RSA to outline a dramatic new change in the way our economy functions.
more...
No comment yet.
Scooped by jean lievens
Scoop.it!

Economics for Humans - P2P Foundation

Economics for Humans - P2P Foundation | Peer2Politics | Scoop.it

All his life José Pereyra had been a waiter. For 20 years he served tables at Los Chanchitos (The Little Piggies), an old-style parrila (grill) at a strategic corner in Buenos Aires, on the borderline between two of the most densely populated middle-class neighbourhoods of the city.

more...
No comment yet.
Scooped by jean lievens
Scoop.it!

The Department of Economic Cybernetics

The Department of Economic Cybernetics | Peer2Politics | Scoop.it

Increased necessity in quantitative methods of analysis along with rapid progress of electronic computer stimulated intensive research in mathematical direction of economic science. To develop a new scientific direction on the economic faculty of LSU the new laboratory of economic-mathematical methods was founded in 1959. Eminent Soviet economist professor V.V. Novozhilov became the first laboratory research manager /he became the Lenin Prize laureate in the economic field in 1965/. It was organized the 6th year in 1959, the most clever and persistent economic faculty graduates began to study modern mathematics foundations, its application to economic theory and solution of direction-finding problem.

more...
No comment yet.
Scooped by jean lievens
Scoop.it!

What Is Neoclassical Economics & an Alternative Monetary Macroeconomics

This is a talk I gave in Tel Aviv, Israel at the invitation of the Rethinking Economics Student Forum there, and at the Palestine Economic Policy Research Institute ...
more...
No comment yet.
Scooped by jean lievens
Scoop.it!

Why Henry George had a point

Why Henry George had a point | Peer2Politics | Scoop.it

IN THIS week's print edition, we take look at land and its importance as a factor of production. In particular, we argue that poor land use in the world's biggest cities carries a huge cost. Many economists have argued for a land-value tax, which could be used to make the property market more efficient.


more...
No comment yet.
Scooped by jean lievens
Scoop.it!

The Economic Realms: We have a distorted economy”: Joseph Stiglitz sounds off on inequality, the TPP and 2016

The Economic Realms: We have a distorted economy”: Joseph Stiglitz sounds off on inequality, the TPP and 2016 | Peer2Politics | Scoop.it

During the long run-up to officially announcing her second presidential bid, former Secretary of State Hillary Clinton quietly — but not too quietly — reached out to a number of leading progressive economists. Along with experts from some of the biggest unions in the country, the list of Clinton conferees included some of the biggest names in the (small) world of left-wing economics: former Clinton-era Secretary of Labor Robert Reich, for example. Yet out of all the so-called boldfaced names intended to draw lefty wonks’ attention, none inspired more cautious optimism than that of Columbia University professor and Nobel Prize-winning economist Joseph Stiglitz.



more...
No comment yet.
Scooped by jean lievens
Scoop.it!

Should You Be Paid As Much As Your Boss?

Should You Be Paid As Much As Your Boss? | Peer2Politics | Scoop.it
We help our community businesses, because they deserve the same great customer service and low prices that big corporate businesses get. And we've grown our company by earning the trust of each and...
more...
No comment yet.
Scooped by jean lievens
Scoop.it!

‘The New Degree?’ Constructing internships in the third sector - ePrints Soton

‘The New Degree?’ Constructing internships in the third sector - ePrints Soton | Peer2Politics | Scoop.it

The recent economic recession has impacted substantially on the graduate labour market, with many graduates now struggling to find secure employment in professional careers. In this context, temporary, unpaid ‘internships’ have emerged as increasingly important as a ‘way in’ to work for this group. Yet while there has been much media and policy debate on internships, academic consideration has been scant. This paper begins to address this knowledge gap by drawing on a study of interns in a third sector environmental organisation. The research findings reveal that unpaid internships were rationalised through a complex mix of political motivations, career ambitions and lifestyle aims, but these intersected in important ways with social class. These findings are not only of empirical interest, contributing to our knowledge of graduate negotiations of precarity, but also of theoretical value, extending our understanding of young people’s agency and motivations in transitions into work. 

more...
No comment yet.
Scooped by jean lievens
Scoop.it!

Full Show: What the 1% Don't Want Us to Know | Moyers & Company | BillMoyers.com

Full Show: What the 1% Don't Want Us to Know | Moyers & Company | BillMoyers.com | Peer2Politics | Scoop.it
Economist Paul Krugman explains how the United States is becoming an oligarchy - the very system our founders revolted against.
more...
No comment yet.
Scooped by jean lievens
Scoop.it!

Addressing the Senate, an Anti-Austerity Economist Criticizes U.S. Budget Policy

Addressing the Senate, an Anti-Austerity Economist Criticizes U.S. Budget Policy | Peer2Politics | Scoop.it
There is much confusion, politically sown, about what debt is, what it does and what it costs. This includes the false ideas that the government deficit is unsustainable, that “entitlements” are bleeding us and that paying interest on the national debt displaces money that would otherwise be spent on public programs.
- 2015/03/13
more...
No comment yet.
Scooped by jean lievens
Scoop.it!

Greek referendum: “The economy isn’t just a matter for experts” - Pressenza

Greek referendum: “The economy isn’t just a matter for experts” - Pressenza | Peer2Politics | Scoop.it

Greece is permanently in the spotlight at the moment and the hashtag #greferendum is trending. We will go deeper into the issue with Marianella Kloka, member of the organisation World without Wars and Violence.


more...
No comment yet.
Scooped by jean lievens
Scoop.it!

Coordination Costs - P2P Foundation

Coordination Costs - P2P Foundation | Peer2Politics | Scoop.it

"Economists typically talk about “transaction costs” but I’m deliberately using the term “coordination costs”. Transactions (a la Coase) typically involve money, and certainly require at least contractual obligations. Coordination by contrast only depends on voluntary cooperation. Transaction costs will always be higher than coordination costs, because transactions require the ability to enforce the terms of the transaction. This imposes additional costs — often enormously larger costs.

more...
No comment yet.
Scooped by jean lievens
Scoop.it!

The Institute for New Economic Thinking

The Institute for New Economic Thinking | Peer2Politics | Scoop.it

Human beings, notes Sam Bowles, a Research Professor at the Santa Fe Institute, are complex, psychological beings given to all sorts of motivations well beyond naked self-interest. That might be news to the economics profession, which posits a one-dimensional image of 'homo economicus', a rational, utility-maximizing agent, largely driven by the so-called "invisible hand" of the marketplace. Incorporating the disciplines of a multiplicity of social sciences, Bowles produces compelling evidence that self-interested financial incentives can in fact produce behavior that is inefficient and violates a society's morality.

more...
No comment yet.
Scooped by jean lievens
Scoop.it!

Reinhart-Rogoff Revisited: Why we need open data in economics | Open Knowledge Blog

Reinhart-Rogoff Revisited: Why we need open data in economics | Open Knowledge Blog | Peer2Politics | Scoop.it

Another economics scandal made the news last week. Harvard Kennedy School professor Carmen Reinhart and Harvard University professor Kenneth Rogoff argued in their 2010 NBER paper that economic growth slows down when the debt/GDP ratio exceeds the threshold of 90 percent of GDP. These results were also published in one of the most prestigious economics journals – the American Economic Review (AER) – and had a powerful resonance in a period of serious economic and public policy turmoil when governments around the world slashed spending in order to decrease the public deficit and stimulate economic growth.


more...
No comment yet.
Scooped by jean lievens
Scoop.it!

3 Ways Humans Create Poverty | P2P Foundation

3 Ways Humans Create Poverty | P2P Foundation | Peer2Politics | Scoop.it

“It is impossible to solve an entrenched problem like mass poverty without understanding how it came into being. There’s every reason to believe we can overcome poverty, if we take the time to understand and learn the lessons from how it is created.”


more...
No comment yet.
Scooped by jean lievens
Scoop.it!

David Graeber: All Economies are Ultimately Human Economies (2015) - YouTube

Speech held at the conference "Challenging Capitalist Modernity II: Dissecting Capitalist Modernity - Building Democratic Confederalism" 3-5 April 2015, Hamburg
more...
No comment yet.
Scooped by jean lievens
Scoop.it!

Economic Calculation in a Resource Based Economy – A Defence

Economic Calculation in a Resource Based Economy – A Defence | Peer2Politics | Scoop.it

The ideas of Ludwig von Mises, an economist of the Austrian School, have been resurrected by critics of a RBE in an attempt to show that a moneyless economy is impossible. Despite numerous attempts to disprove the criticism, the spectre of von Mises still hangs over the social movements that support a RBE. But my defence here is not merely yet another attempt at disproving von Mises, but emerges also from the frequency of misunderstandings and misuse of his critique, and some issues regarding the proposed solutions from RBE supporters. I wish to set the record straight on what the true challenge of von Mises’s ‘calculation problem’ is, but also offer internal critique against some rebuttals against von Mises by RBE, such as the idea that computation solves the calculation problem.

more...
No comment yet.
Scooped by jean lievens
Scoop.it!

The Value of Economic Pluralism: A Talk with Professor John Harvey

John T. Harvey has been a Professor of Economics at Texas Christian University since 1987, after earning his Ph.D. in Economics that year from the University of Tennessee. He specializes in international economics (particularly exchange rates), macroeconomics, history of economics, and contemporary schools of thought. Dr. Harvey's work combines analyses rooted in the scholarly traditions of John Maynard Keynes and Thorstein Veblen with that of modern psychology to produce a set of new theories to explain international monetary economics, including not only exchange rates but also world financial crises.

more...
No comment yet.
Scooped by jean lievens
Scoop.it!

Commonism - P2P Foundation

Commonism - P2P Foundation | Peer2Politics | Scoop.it

"Nick Dyer-Witheford (2007) has proposed the term Commonism for a society where the basic social form of production are the Commons (while in capitalism, commodities are the basic social form). As the success of commons-based peer production shows, commons and peer production go together very well. We can therefore expect peer production to be the typical form of production in a commons-based society. Commonism would be a society where production is organized by people who cooperate voluntarily and on an equal footing for the benefit of all.

more...
No comment yet.
Scooped by jean lievens
Scoop.it!

Stereolab’s Revolutionary Horizon

Stereolab’s Revolutionary Horizon | Peer2Politics | Scoop.it
Stereolab is an intellectual’s dream, equal parts vintage synth manual, obscure bossa nova record, and communist tract. Their fetish for odd keyboard and odd jazz is well discussed, but their lyrics, often deeply Marxist, far less so.
more...
No comment yet.
Scooped by jean lievens
Scoop.it!

This 26-year-old grad student didn't really debunk Piketty, but what he did do ... - Vox

The crucial role of exclusionary zoning in driving inequality.
more...
No comment yet.