Open Access. Powered by Scholars. Published by Universities.®
- Discipline
-
- Other Economics (3)
- Finance (2)
- Labor Economics (2)
- Macroeconomics (2)
- Behavioral Economics (1)
-
- Business (1)
- Econometrics (1)
- Economic History (1)
- Economic Policy (1)
- Other Public Affairs, Public Policy and Public Administration (1)
- Other Sociology (1)
- Political Economy (1)
- Public Administration (1)
- Public Affairs, Public Policy and Public Administration (1)
- Public Economics (1)
- Regional Economics (1)
- Science and Technology Policy (1)
- Science and Technology Studies (1)
- Sociology (1)
- Technology and Innovation (1)
- Urban Studies and Planning (1)
- Keyword
-
- Bitcoin (2)
- Economics (2)
- ALTcoins (1)
- Aggregate demand (1)
- Aggregate production function (1)
-
- Aggregate supply (1)
- Banking (1)
- Blockchain (1)
- Capital controversies (1)
- Capitalism (1)
- Coronavirus (1)
- Covid-19 (1)
- Cryptocurrency (1)
- Current Heterodox Approaches: Socialist (1)
- Dual representation of the technique of production (1)
- Emerging technology (1)
- History of thought (1)
- Individuals (1)
- Intertemporal general equilibrium (1)
- Karl Marx (1)
- Macroeconomics (1)
- Marxian (1)
- Open educational resource (1)
- Open pedagogy (1)
- Opportunity cost (1)
- Perfect foresight (1)
- Role of economists (1)
- Smart cities (1)
- Sraffian (B510) Financial Crisis (G) Economic Education and Teaching Economics (A220); Pedagogical (A2) Economic SociologyFinancial Crisis Human Behavior; Human Nature Neoclassical Assumptions; Neoclassical Economics (1)
- Sraffian models (1)
- File Type
Articles 1 - 9 of 9
Full-Text Articles in Economic Theory
After The Cambridge Controversies: Reflections Old And New, Harvey Gram
After The Cambridge Controversies: Reflections Old And New, Harvey Gram
Publications and Research
Perfect foresight is a consequence of applying the Pontryagin Maximum Principle to the analysis of an intertemporal general equilibrium. For this reason, the capital theory controversy ended in an intellectual impasse. The critique of mainstream theory largely ignored the perfect foresight entailments of intertemporal equilibrium analysis, while its defenders, with notable exceptions, too often failed to acknowledge this implication of the technique of dynamic programming. From this standpoint, the long debate over the existence or non-existence of an aggregate production function is secondary. This leaves open the theoretical question of how to proceed with an analysis of the actual dynamics …
Intentional Group Curation Of Information (Open Pedagogy Example), Dorina Tila
Intentional Group Curation Of Information (Open Pedagogy Example), Dorina Tila
Open Educational Resources
This assignment aims at making instruction student-centered where students would participate in the curation of content. Students are asked to explain the various economic topics using the economic terminology and personal experience. For example, in this assignment, the students are split in groups and asked to discuss and identify what their opportunity cost of getting a college degree is. They will discuss all the items that comprise the opportunity cost and the benefits of going to college and share this in real time with everyone else through a google document.
Assignment Learning Outcomes:
- Define and apply the notion of opportunity …
New Kid On The Blockchain: The Rise Of Cryptocurrency In The Global Arena: Humanitarian Usage With Blockchain, Rhonda S. Binda
New Kid On The Blockchain: The Rise Of Cryptocurrency In The Global Arena: Humanitarian Usage With Blockchain, Rhonda S. Binda
Open Educational Resources
In 2018, the world was shaken by the fast rise of Bitcoin and other cryptocurrencies that use a decentralized, blockchain technology for payment transfers outside of the traditional banking system. The potential impact this alternative form of banking could have in the medium and long term on the over 2 billion people globally unbanked is tremendous. Additionally, blockchain itself is being used for value transfer combined with bio and genetic tagging technologies in refugee camps for example, bringing to rise a new era where technology for development is disrupting education, healthcare and security programs globally.
Shocks To Aggregate Demand And Aggregate Supply In The Midst Of Covid-19, Anna M. Gellerman
Shocks To Aggregate Demand And Aggregate Supply In The Midst Of Covid-19, Anna M. Gellerman
Publications and Research
COVID-19 sent shockwaves throughout the economy, changing the amounts of goods and services distributed and altering the demand. This article discusses the negative demand shock and adverse supply shock that the U.S. economy faced in 2020, and the policies that the government implemented to reverse these effects.
The End Of Zero Returns And The Last Dollar: Can New York State Create A Collective Store Of Value, Crowdsource Wealth, And Fund Its Colleges And Universities Using Cryptocurrency?, Edward Lehner
Publications and Research
This brief personal statement, citing the previous work of the Bronx Community College Cryptocurrency Research Laboratory (BCC Lab), advocates for a private New York State Money to fund New York State’s public higher education. Attempting to shed most of the academic language and the formalities of research-driven writing, this short statement frames two distinct arguments. The first contention is that New York State residents need a means by which to store value outside of the traditional banking and financial systems due to massive Federal Reserve printing that is centered primarily on rescuing fledgling Wall Street profits and mitigating reckless businesses …
Teoria Da Crise E A Queda Da Taxa De Lucro, David Harvey
Teoria Da Crise E A Queda Da Taxa De Lucro, David Harvey
Publications and Research
Abstract:
David Harvey’s article argues against the importance given to the law of the tendency of the rate of profit to fall (TRPF), suggesting that Marx derived the « law » under « draconian » assumptions and that Engels was far more enthusiastic about it than Marx, who never went back to the theory later in his life despite its evident incompleteness. Therefore, he argues, we should not take his theoretical conclusions too far. In his view, Marx perceived crises as momentary and violent eruptions that resolve the existing contradictions which can be considered as opportunities of capitalist reconstruction rather …
Zero Textbook Cost Syllabus For Economics 201 (Macroeconomic Theory), Bettina E. Berch
Zero Textbook Cost Syllabus For Economics 201 (Macroeconomic Theory), Bettina E. Berch
Open Educational Resources
This is a zero textbook cost syllabus for teaching macroeconomic theory at the 200 level at a community college. It is designed for a one semester course, using a creative commons textbook and a variety of open source podcasts, newspaper articles, and other materials available to CUNY students.
Insatiability And Crisis: Using Interdisciplinarity To Understand (And Denaturalize) Contemporary Humans, Sean P. Macdonald, Costas Panayotakis
Insatiability And Crisis: Using Interdisciplinarity To Understand (And Denaturalize) Contemporary Humans, Sean P. Macdonald, Costas Panayotakis
Publications and Research
This chapter illustrates how collaboration between different social sciences can encourage students to think critically about prevailing assumptions regarding human nature. Both the chapter and the pedagogical experience on which it is based investigate the distinctive type of human created by capitalist society. In so doing, it takes a heterodox approach to analyzing the concept of an insatiable human nature through a case study that invites students to critically assess this perspective. This discussion then leads to an investigation and critique of traditional neoclassical Economic assumptions about human behavior, which forms the basis for a case study on the causes …
Six Titans Of The Cambridge School: A Review Article, Harvey Gram
Six Titans Of The Cambridge School: A Review Article, Harvey Gram
Publications and Research
Six volumes in the Great Thinker in Economics Series were chosen by the Editors for this review, which focuses on The Cambridge School of Economics, so very different from the mainstream theory of general economic equilibrium which gives formal expression to Lionel Robbins’ famous definition of the subject as the allocation of scarce means among alternative uses. In recognition of a distinct Cambridge School, the authors of these volumes present a variety of arguments within which three overlapping themes can be discerned: the relationship between ethics and economics; the role of stocks and flows in economic analysis; and the epistemic …