Pluralist economics

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Economics is a wide discipline, and no single approach can capture all of it. So the best strategy is to use several approaches, side by side, to get a multi-dimensional picture of the economy. These books are some of the best at combining ideas into a coherent whole.

  • Economics after the crisis is an excellent first-year textbook. It combines social economics, institutional economics, post Keynesian economics, and neoclassical economics on a range of basic economic building blocks.

  • Rethinking Economics (from the UK Rethinkers) is a great reader, which provides an accessible introduction to nine different approaches to economics: from feminist to ecological and Marxist to behavioural.

  • In the highly accessible Economics: the User's Guide, Chang introduces a wide range of economic theories, from classical to Keynesian, revealing how each has its strengths and weaknesses.

More materials are below. Or scroll down to check out the amazing Exploring Economics, a website built by our Eastern neighbors: Plurale Ökonomik, which provides introductions and overviews of the major schools, as well as further reading suggestions.

Rethinking Capitalism undergraduate module Week 1 academic lecture: The market shaping forces of capitalism by Mariana Mazzucato An introduction to the Rethinking Capitalism course and the key challenges facing modern capitalist economies. The lecture by Professor Mazzucato also examines the economic theories and policy frameworks that have led to these challenges and examine some broad-based alternative approaches.
What is economics for? What is it about? How should it be done? How can it be of use to us? How is it connected to morals and politics? These are the core qu...
Lecture 1 is the introduction to the first semester of a two-semester sequence of a classical approach to economic analysis, built around the material in Professor Shaikh's book, Capitalism: Competition, Conflict, Crises, Oxford University Press, 2016.
"It is extremely important for our democracy to function that ordinary citizens understand the key issues and basic theories of economics." - Ha-Joon Chang Economics has long been the domain of the ivory tower, where specialized language and opaque theorems make it inaccessible to most people. That's a problem.
 

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Findings: Theoretical approaches

Pluralist programs