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 »
This our weekly discussion of the price level as it relates to Perry Mehrling's money view. The price level is the average price of goods in terms of money or, equivalently, the price of money in terms of goods. But what determines the price level? Why is the price level important? And how does it …
John Hicks Discussion — What is Bad About Inflation? Read More »
We're discussing the following for week 9: Lecture 15: Banks and Global Liquidity Lecture NotesApply the Treynor model to foreign exchange in a gold-standard world, with the gold points setting the outside spread. Gold parity must hold within that narrow band or you're off the gold standard. There are important differences between internal and external …
Technological trends and effects on the future of work and income distribution Speakers: - Ursula Huws (University of Hertfordshire) - Maria Savona (University of Sussex) Chair: Juan Martín Graña (Universidad de Buenos Aires/CONICET)
Just before the COVID Pandemic outbreak and its effects on the world economy, developed and developing countries were still struggling with high unemployment and sluggish growth rates. Nominal and real interest rates have reached markedly low levels with adverse effects on economic activity. Fiscal austerity measures seem to have prolonged and worsened the economic performance …
International Workshop on Demand-Led Growth (Virtual) July 19-21, 2021 Read More »