The Ph.D. Academy on ‘Innovation, Development & Policy’ is co-organized by The North America and Caribbean Chapter of the Globelics Academy (NACLICS, www.naclics.org), HEC Montréal, and the Sobey School of Business at Saint Mary’s University. The Young Scholars Initiative is an important partner in this effort as well as one of the co-sponsors. The PhD …
This session covers Lecture 3: Money and the State: Domestic and Lecture 4: The Money View, Micro and Macro. Lecture 3 Notes Lecture 4 Notes Lecture 3 builds on last week's Allyn Young reading in discussing the history of the US monetary system from the Civil War through the national banking system's evolution into the …
“Rethinking Globalization” YSI will be attending the second Turin International Festival of Economics hosted from 1 June - 4 June 2023. We will dedicate the mornings to a variety of young scholar sessions and have ample time to enjoy the Festival, which this year runs under the theme: “Rethinking Globalization”. The festival sessions will take …
Discussion of IMF Trust Bridges paper: https://www.imf.org/en/Publications/fintech-notes/Issues/2023/03/03/Trust-Bridges-and-Money-Flows-A-Digital-Marketplace-to-Improve-Cross-Border-Payments-528038
This session covers Reading 2: The vision of Hyman P. Minsky by Perry Mehrling. Minsky Study Questions This is an intellectual biography of Hyman Minsky written by Mehrling in 1999. Minsky put the problem of liquidity front and center. Among other things, this reading emphasizes Minsky’s financial instability hypothesis and its connection to the settlement …
How can different types of food be linked to development policies? In this third webinar of the "Development Talks" Series, Prof Matias Vernengo (Bucknell University) discusses his co-authored book "Why Latin American Nations Fail: Development Strategies in the Twenty-First Century ". The book brings together leading Latin Americanists from several disciplines to address the topic …
Development Talks: Why Latin American Nations Fail with Matías Vernengo Read More »
This session covers Lecture 5: The Central Bank as a Clearinghouse and Lecture 6: Federal Funds, Final Settlement. Lecture 5 Notes Lecture 6 Notes Lecture 5 describes the interconnectedness of bank balance sheets that allow the payment system to operate smoothly. The hierarchical structure of the US payment system emerged in the form of correspondent …
This workshop offers young and early career scholars working on Adam Smith a unique opportunity to take part in the 2023 Tercentenary Events in Glasgow, and to get feedback on their work from world-leading Smith scholars. Introduction The YSI History of Economic Thought working group is organizing a one-day workshop on 7th June as part …
Join us to learn the basics of project organizing in YSI, and ask any questions you have on your mind.
ESPAÑOL DEBAJO YSI Pre-Conference @ 3rd Global Carework Summit It is not possible to think about the economy without analyzing and recognizing the essential role that care work plays in the reproduction of the economic system. The labor force, taken as a "given" resource endowment by traditional views of the economy, needs in fact to …
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This is the second of two sessions on the 1989 book A Market Theory of Money by John Hicks. https://www.amazon.com/Capital-Wars-Rise-Global-Liquidity/dp/3030392902/ From the Description: Sir John Hicks draws together the common threads of over 50 years' writing on monetary economics into a succint (sic) statement of the fundamentals of monetary theory. He also goes beyond this …
This session covers Reading 3: The Check System, a chapter from Chapters on the Theory and History of Banking by Charles Dunbar. Dunbar Study Questions The chapter is a description of the checking system in the US in the late 19th century. It reinforces what we covered in Lecture 5 by describing the "decentralized" check-based …