Capitalism and Crises go hand in hand. Just when you think the economy is doing great, danger could be around the corner. Building on Minsky’s work, we try to expose financial fragility as we see it.
Despite being hugely ineffective, austerity has been the go-to policy for economies in need. We reveal the flawed logic behind cost-cutting policies, and offer strong alternatives, like direct job-creation.
The developing world poses unique economic challenges, and mainstream economic has often failed to tackle them. We explore alternative points of view as they apply to the global south.
1. Using Minsky to Better Understand Economic Development – Part I
2. Using Minsky to Better Understand Economic Development – Part II
3. Hidden in Plain Sight – Illicit Financial Flows
If you’ve ever taken introductory economics, you know it feels like stepping into an alternate universe. The clean graphs seem to have little to do with reality. We discuss how economics 101 distorts our views of the world, and what we can do about it.
We love to report on the goings-on in the world of (heterodox) economics. Know of an upcoming event that you’d like to see us to cover? Get in touch.