Subjects Archives: Economic Theory

Mainstream economists have, it seems, discovered the existence of economic ideas outside the official discipline of economics.

Capitalist governments invariably seek to control inflation by enlarging unemployment.

It’s a “simple story,” with clear political implications. Maybe that’s the reason the Krugmans of the world don’t want to tell it. . .

In this episode, we talk with Colleen Hooper (@hoopercolleen), assistant professor of dance at Point Park University. Hooper’s 2017 article in the Dance Research Journal, titled “Ballerinas on the Dole: Dance and the Comprehensive Employment Training Act (CETA), 1974-1982,” is the subject of most of our conversation.

This week, Cuba began a historic process as Cubans started to going to more than 78,000 meeting points to discuss the new draft of the Family Code, a broad, complex, but very important process for Cuban families.

On Jan. 24, stocks were falling, with the S&P 500 Index down 3.8%, the Dow Industrial Average down 2.7% and the Nasdaq Composite down 4.5%. The widespread sell-off for the Dow and the S&P 500 started on the second trading day in January; and for the Nasdaq in November. The Nasdaq is down nearly 20% from its high in November.

China is leading an international effort to develop alliances to counter U.S. hegemony.

There appears to be growing consensus among economists and policy makers that inflation is now the main threat to the U.S. economy and the Federal Reserve Board needs to start ratcheting up interest rates to slow down economic activity.

We can trace the development of Marx’s critique through a variety of texts—many of them now quite famous, even if they are rarely mentioned or discussed within economics. There, we can see Marx’s ideas developing and changing, until he began to work on his critique of political economy, finally presented in Capital.

In the past years, there has been a very much welcomed flourishing of Marxist Feminist analyses.

Russia and China’s announcement of an independent financial trading platform will free nations under US sanctions from western intrusion into their commercial activities.

Let’s debunk a myth. There is no “Nobel Prize in Economics”. On Nov 27, 1895, when Alfred Nobel signed his will, he left five prizes in alphabetical order to: chemistry, literature, peace, physics, and physiology or medicine. The Nobel Prize in Economics is declared after the Panchapandavas above.

Beijing is slowly unpicking Washington’s foreign policy, sanction by sanction, country by country.

A support group for conspiracy theorists finds one fictional belief so bonkers even they can’t get behind it.

Governments’ planned fossil fuel production remains dangerously out of sync with Paris Agreement limits.

As cryptocurrencies take the world of finance by storm, Thomas Redshaw examines their rise and what the left should make of them.

China-Africa friendship is expected to continue to flourish as cooperation is further deepened in various areas after the ongoing 8th Ministerial Conference of the Forum on China-Africa Cooperation (FOCAC) held in Dakar, Senegal.

The world has become more unequal in income and wealth in the last 40 years. That’s according to the World Inequality Report 2022.

The Bolivarian Revolution represented a break from neoliberal governments. Is the tide turning? Tatuy TV examine that in this episode of “Chávez the Radical.”

The pandemic alas is not yet over, but there are no economic disruptions in the current fiscal year in the form of lockdowns or workers’ absence. The economy’s performance therefore can no longer be attributed to the prevalence of the pandemic; whatever it is, it is caused by economic factors.