We're discussing the following for week 7: Lecture 12: Lender/Dealer of Last Resort Lecture NotesIn 2008, the shadow banking system collapsed onto the conventional banking system, which was ultimately backstopped by the Fed. A central bank can go from being a lender of last resort (funding liquidity) to a dealer of last resort (market liquidity) …
April 7 - Guilherme Morlin: "Growth and debt stability in a supermultiplier model with public expenditures and foreign trade" May 6 - Ana Bottega: "Kalecki meets Schumpeter: the decline of competition in a demand-led dynamic model" June 2 - Gustavo Pereira Serra: "The First Harrod Problem and Human Capital Formation" July 1 - Vinicius Curti …
Our project consists of participating as young scholars to the 18th International Schumpeter Society (ISS) Conference (http://iss2020.it/), that will take place in Rome (8-10 July 2021). The International Joseph A. Schumpeter Society is an economics association aimed at furthering research in the spirit of Joseph Schumpeter. The primary objective of the ISS is the advancement …
Sectoral patterns of innovation and the evolution of industrial structure Read More »
In this webinar of the YSI IUC Web-Seminars in Finance, Law & Economics, Nidhi Srinivas, the Associate Professor of Management at Milano School of Policy, Management, and Environment, will present some insights from his current research regarding mutual aid responses to the pandemic in three different cultural and economic settings (Hyderabad, India; New York City, …
Mutual Aid and the (Post)Pandemic Framework – Prof. Nidhi Srinivas Read More »
In this session we will discuss Bob McCauley's recent paper "Global domain of the dollar: 8 questions". AbstractSince the late 1950s, the rest of the world has come to use the dollar to an extent that justifes speaking of the dollar’s global domain. The rest of the world denominates much debt in U.S. dollars, extending …
Robert McCauley “Global domain of the dollar: 8 questions” Read More »
In this 5th session of the series, Behrang Kianzad (University of Copenhagen, Faculty of Laq) will present some of his work and will invite us for a critical discussion on law and economics in times of crisis. Come join us in this challenge! Title:** "Are We all Kantian? Law and Economics in times of Crisis" …
The 5th PE-DPS: Behrang Kianzad on Law and Economics in times of Crisis Read More »
We're discussing the following for week 8: Lecture 13: Chartallism, Metallism, and Key Currencies Lecture NotesNote: Mehrling uses the term "forward interest parity" in this lecture to describe what he called "covered interest parity" in lecture 8, *and in the notes for this lecture. In lecture 8, forward interest parity was about locking in rates …
The Third International Workshop on Demand-led Growth: "Stagnation Theories and Stagnation Policies" will be placed at Arena Hotel in Copacabana, Rio de Janeiro on July 15-16, 2020 . The Young Scholar Initiative is supporting a Pre-Workshop on July 13-14 that will be devoted to the presentation of papers from young scholars. The event will be …
YSI@ 3rd International Workshop on Demand-led Growth Read More »
During the first edition of the YSI-IUC web-seminar series held in April 2019, Professor Jan Toporowski (SOAS) presented a lecture titled “Can Mark Carney/Mario Draghi/Jay Powell do it? The scope of the Central Bank” where he traversed the historical arguments and contemporary issues on the scope and operations of central banks. In this series, he …
Central Banking in times of Pestilence – Prof. Jan Toporowski Read More »
In this opening session we begin with the foundation of all things financial: money. While money has provided an excellent means of expediting trade, there are many flaws in its foundation, mainly a system of repayment that relies on the expansion of empires and wealth that can be extracted (classically national, modernly corporate). Dr. Gomez …
Currency Plurality, is it possible? – Dr. Georgina M. Gomez Read More »
Professor Desan joins us for a discussion about her book Making Money: Coin, Currency, and the Coming of Capitalism. After reading Making Money, we look forward to discussing some of the themes and questions raised by the book and how they can help us understand money and the monetary system today. Christine Desan is the …
Making Money Book Discussion with Christine Desan Read More »
This session will discuss the main issues raised by Alex M Thomas in his most recent book Macroeconomics: An Introduction (2021), Cambridge University Press: UK. The book takes you through an alternative approach of understanding macroeconomics, which is inspired by the works of Adam Smith, David Ricardo, Karl Marx, John Maynard Keynes, and Piero Sraffa. …
Macroeconomics: Histories, Theories and Policies Read More »