Referring back to earlier exchanges, this video is an explanation of austerity aimed at a popular audience (if they can cope with the machine-gun delivery).  Covers ground we discussed earlier. Students might enjoy it - perhaps they can watch it on their mobile 'phones!

http://www.informationclearinghouse.info/46409.htm


Robert



Professor Robert Moore
School of Sociology and Social Policy
Eleanor Rathbone Building
The University of Liverpool
L69 7ZA

Telephone and fax: 44 (0) 1352 714456
________________________________________
From: email list for Radical Statistics [[log in to unmask]] on behalf of Dr L Brownstein [[log in to unmask]]
Sent: 20 August 2016 00:33
To: [log in to unmask]
Subject: teaching of economics; more suggested readings in a heterodox vein

I would recommend, in addition to the econ books you mention, the following:



Bill Mitchell et al.'s Modern Monetary Theory and Practice: An Introductory Text (2016) [due to be expanded soon];



Randall Wray, Modern Money Theory: A Primer on Macroeconomics for Sovereign Monetary Systems, 2nd ed. (2012);



Mark Blyth, Austerity: The History of a Dangerous Idea (2013);



Paul Verhaeghe, What About Me?: The Struggle for Identity in a Market-Based Society (Trans. 2014) [a critique of neoliberalism by a Flemish psychoanalyst; this is quite an astute analysis]



Stephanie Kelton, "What Happens When Government Tightens Its Belt", New Economic Perspectives, 27 May 2011 [shows relevance of sectoral balance theory (Godley)];



Beardsley Ruml, “Taxes for Revenue Are Obsolete”, American Affairs, January 1946 [Ruml = Chair Federal Reserve Bank of New York aka the NY Fed, most influential of the regional feds]; [there is a recent testimony by Bernanke before a Congressional Committee where he answered the question: Where does the Money Come From?, and he is a former head of the central Fed, so should know. Can be viewed on youtube.]



Bill Mitchell, "How to Discuss MMT", Billy blog, 5 November 2015 [especially the informative comparative table];



Abba P. Lerner, Economics of Employment (1951) [includes as its first chapter Lerner's famous article: “The Economic Steering Wheel”];



Richard Werner, "Can Banks Individually Create Money Out of Nothing?: The Theories and the Empirical Evidence", International Review of Financial Analysis, 16 September 2014 [one of a number of articles by Werner about this experiment, which tests the three principal theories of money];



There are many others I could have mentioned, but these deal with what are the most fundamental issues underwriting and supporting the neoliberal paradigm, and which attempt to make their material accessible to non-experts. Absorbing and understanding the arguments and concepts put forward by these authors should enable you to critically assess such documents as Corbyn’s 10 point manifesto, which I happen to like but which I think suffers from certain easily rectifiable macroeconomic infelicities.



I agree with Wendy that coming to grips with material like this is essential in order to understand how the economic system in which we actually live and labour within really works. We need to know this in order to get it to work better for the bulk of us.



I hope this helps,





larry



Dr L Brownstein

[alt-e:] mailto:[log in to unmask]





-----Original Message-----
From: email list for Radical Statistics [mailto:[log in to unmask]] On Behalf Of Wendy Olsen
Sent: Friday, August 19, 2016 11:50 AM
To: [log in to unmask]
Subject: Re: school economics: 5 suggested readings for teachers. And hot link to UG curric discussion.



Hello I am actively working in this area, being Coordinator of the Assoc for Heterodox Economics.

We have a document on the UG curriculum here https://www.worldeconomicsassociation.org/newsletterarticles/a-perspective-on-core/

(Click the fourth (big) link)



We also have tried to include A-level teachers in our association and we are an international group with 14,000 in our Facebook Group 'Heterodox Economics'

It says it's a closed group, and we have 5 moderators of whom 2 are in the AHE, see hetecon.net for our Association and how to join it.



The prices is very low £30 a year or £10 for concessions.

We hold a conf. every  year an dnext year it's in Huddersfield July 2017 3 days.



We object to the kind of economics taught in the Schools.

I enclose a document that may be of some help, and please note the following readings which you can recommend to A Level Teachers:

Keen, S. (2011) Debunking Economics: The naked emperor dethroned? London: Zed Books.

Keen, S. (2012) as quoted in a TV interview transcript.  URL http://news.bbc.co.uk/1/shared/spl/hi/programmes/analysis/transcripts/04_06_12.pdf  Accessed July 2016.

Keen, S. (2013) “Predicting the ‘Global Financial Crisis’: Post-Keynesian macroeconomics”, Economic Record. Vol. 89, No 285, (June) 228-254





Women’s Budget Group (2016).  Plan F: A Feminist Economic Strategy For A Caring And Sustainable Economy, URL http://wbg.org.uk/wp-content/uploads/2015/02/PLAN-F-2015.pdf, accessed July 2016.

Custers, Peter (1997 and 2012). Capital Accumulation and Women’s Labour in Asian Economies, London: Zed Books.

and

Chang, H.-J. (2014) Economics: The User’s Guide, London: Pelican.

Bateman, M. (2010), Why Doesn’t Microfinance Work?: The Destructive Rise of Local Neoliberalism, London: Zed Books Ltd.; Indian Publisher: Books for Change, Bangalore.

Yours,

Wendy















This message was sent from Wendy Olsen

Social Statistics Discipline

   (and Cathie Marsh Institute)

Room G20 Humanities Building

University of Manchester

Manchester M13 9PL



Next big events:  Sept. 5th in Manchester, a Symposium, 6 great papers on Labour, Work and Social Mobility (most including Mixed Methods)



and 6-8 Sept., we are going to the Work, Employment and Society Conference 2016 in Leeds - please do join us.



Facebook group on Integrated Mixed Methods Network, all welcome (it says 'closed group', just ask, and you can join)



________________________________________

From: email list for Radical Statistics [[log in to unmask]] on behalf of Moore, Robert [[log in to unmask]]

Sent: 19 August 2016 11:39

To: [log in to unmask]<mailto:[log in to unmask]>

Subject: school economics



Yesterday I was told by a scondary school teacher that there has been a very big increase in the number of secondary students wanting to study Economics - mainly, apparently, in order to get into a Business School. Does anyone know what 'economics' is at secondary level? Presumably senior teachers will have studied Samuelson at university? I wonder what the current school text book is.





Robert













Professor Robert Moore

School of Sociology and Social Policy

Eleanor Rathbone Building

The University of Liverpool

L69 7ZA



Telephone and fax: 44 (0) 1352 714456



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