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Die Neutralitätstheorie des Geldes : ein kritischer Überblick / The neutrality of money theory : a critical reviewŞener, Ulaş January 2014 (has links)
Ökonomen wie Wirtschaftspolitiker berufen sich auf die Neutralitätstheorie des Geldes, wenn sie eine Entpolitisierung der Geldpolitik fordern. Sowohl die Theorie der Geldneutralität als auch das Paradigma der Entpolitisierung der Geldpolitik sind jedoch problematisch. Die politökonomischen Entwicklungen nach der globalen Finanz- und Wirtschaftskrise 2007/2008 und die jüngsten Kontroversen über die Rolle und Bedeutung von Geld haben dies deutlich vor Augen geführt. Die vorliegende Arbeit diskutiert zunächst die konzeptionellen Grundlagen und theoretischen Modelle der Geldneutralität. Anschließend werden die zentralen theoretischen Annahmen und Aussagen der Neutralitätstheorie aus einer kritischen heterodoxen Perspektive hinterfragt. Es wird argumentiert, dass Geld eine nicht-neutrale Produktionskraft ist, die weder ökonomisch noch sozial neutral ist. Die Bedingungen, unter denen Geld verfügbar ist und zirkuliert, sind richtungsweisend für die ökonomische Entwicklung. Daher kann es auch kein neutrales Geld oder gar eine apolitische Geldpolitik geben. / The assumption of the neutrality of money is a widespread belief in mainstream economics. Accordingly, money is regarded as a neutral means of exchange that has no lasting effects on the real side of the economy. This study questions the conceptual validity of the neutrality assumption and its theoretical models arguing that its basic insights and predictions are problematic because they misrepresent the circumstances and conditions of the real economy.
First, it discusses the conceptual grounds of the neutrality argument, which is based on the classical dichotomy approach and the notion of exogenous money. In a second step, it exposes the theoretical weaknesses of both the traditional and the contemporary versions of the neutral money models, that is, of the quantity theory and the rational-choice theory, by questioning its basic assumptions and implications. Finally, it argues from a critical heterodox perspective that rather than exogenous and neutral, money is endogenous and non-neutral, both in economic and social terms.
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Heterodox Currents in China’s Cultural Revolution: A Case Study of GuangzhouGe, Heng 20 November 2012 (has links)
This thesis aims to explore heterodox ideological currents that developed in the Cultural Revolution, focusing on the background and writings of the “August 5” activists and the Li Yizhe group in Guangzhou. While the Cultural Revolution produced catastrophic consequences in many regards, this thesis intends to show that there are still ways in which young participants exercised their independent thinking and developed novel political ideas that significantly diverged from the official ideology. Beginning with an overview of the development of the Cultural Revolution in Guangzhou, I study the analyses of the “August 5” activists and the Li Yizhe group as well as examine how their heterodox views about China’s social and political system were inspired by their participation in the movement.
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Heterodox Currents in China’s Cultural Revolution: A Case Study of GuangzhouGe, Heng 20 November 2012 (has links)
This thesis aims to explore heterodox ideological currents that developed in the Cultural Revolution, focusing on the background and writings of the “August 5” activists and the Li Yizhe group in Guangzhou. While the Cultural Revolution produced catastrophic consequences in many regards, this thesis intends to show that there are still ways in which young participants exercised their independent thinking and developed novel political ideas that significantly diverged from the official ideology. Beginning with an overview of the development of the Cultural Revolution in Guangzhou, I study the analyses of the “August 5” activists and the Li Yizhe group as well as examine how their heterodox views about China’s social and political system were inspired by their participation in the movement.
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Post Keynesian economics - how to move forwardStockhammer, Engelbert, Ramskogler, Paul January 2008 (has links) (PDF)
Post Keynesian Economics (PKE) is at a cross road. The academic climate at universities has become more hostile to survival and the mainstream has become more diverse internally. Moreover, a heterodox camp of diverse groups of non-mainstream economists is forming. The debate on the future of PKE has so far focussed on the relation to the mainstream. This paper argues that this is not an important issue for the future of PKE. The debate has overlooked the dialectics between academic hegemony and economic (and social) stability. The important question is, whether PKE offers useful explanations of the ongoing socio-economic transformation. PKE has generated valuable insights but it offers little on important real world phenomena such as supply-side phenomena like the increasing use of ICT and the globalisation of production, social issues like precarisation and the polarization of income distribution or ecological challenges like climate change. It is these issues that will decide the future of PKE. (author´s abstract) / Series: Department of Economics Working Paper Series
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Orthodox Core-Heterodox Periphery? Contrasting Citation Networks of Economics Departments in ViennaGlötzl, Florentin, Aigner, Ernest January 2018 (has links) (PDF)
The notion of an "orthodox core-heterodox periphery" structure and the extent of interdisciplinary links have been widely discussed, and partially investigated bibliometrically, within economic discourse. We extend this research by applying tools from social network analysis to citation data of three economics departments located in Vienna, two mainstream and one non-mainstream, to assess their relative citation patterns. We show that both mainstream economics departments follow the asserted core-periphery pattern and have a mono-disciplinary research focus, while the citation network of the non-mainstream department has a polycentric structure and is both more heterodox and interdisciplinary. These findings suggest that discussions about the future of heterodox economics should pay more attention to the organizational level and seek allies from other disciplines.
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The Illusion of Consumer Sovereignity in Economic and Neoliberal ThoughtFellner, Wolfgang, Spash, Clive L. January 2014 (has links) (PDF)
Series: SRE - Discussion Papers
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Les sermons moyen-anglais du manuscrit Bodley 806 : édition critique et étude / The Middle English Sermons from Manuscript Bodley 806 : critical edition and studySasu, Elena 22 March 2014 (has links)
La thèse présente l'étude et l'édition critique du manuscrit Bodley 806, contenant un cycle complet de sermons dominicaux de la fin du quatorzième-début du quinzième siècle. Sont d'abord présentés les contextes historique et idéologique de l'époque, partie à laquelle s'ensuit une présentation de la nature même de l'édition, ainsi que l'argumentation de la position prise par le scribe du manuscrit Bodley 806 telle qu'elle transparaît à travers le texte qu'il compile. La quatrième partie de l'étude qui accompagne l'édition critique détaille les caractéristiques physiques, l'histoire du manuscrit, ainsi que sa structure et sa langue. Le cinquième chapitre présente les éléments qui étayent les thèses selon lesquelles le texte contenu dans le manuscrit a été compilé par une seule et même personne et que ce dernier en a influencé d'autres (sans qu'il soit pour autant leur source directe). La dernière partie de l'étude est consacrée aux conclusions générales et aux principes éditoriaux appliqués à l'édition. A la partie introductive succède l'édition du texte, où chaque sermon est accompagné de son apparat critique et ses notes explicatives. En annexe de cette édition se trouvent également un glossaire et trois indexes : l'un de citations bibliques, un autre de citations non-bibliques et le dernier de noms propres. / The thesis presents a study and a critical edition of manuscript Bodley 806 which contains a complete cycle of Sunday sermons from the late fourteenth-early fifteenth century. The study begins by laying out the historical and ideological scenes of the time in order to focus, in the second chapter, on the nature of the edition and the peculiarities it presents, along with the position of the compiler (such as it can be deduced from the text he is compiling). The fourth part of the study presents a complete physical description of the manuscript, its history as well as its structure and language, while the fifth focuses on those elements supporting the theory according to which the manuscript was compiled by a single person and that its text has influenced other texts from other manuscripts (although Bodley 806 is not their ultimate source). The last part of the study presents the general conclusions drawn after the establishment and study of the text, as well as the editorial procedures and principles applied to the text. After the study follows the critical edition of the text contained in manuscript Bodley 806 along with its critical apparatus and explanatory notes after each sermon, as well as a glossary and three indices: one of biblical quotations, one of non-biblical ones and one of proper names.
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Hétérodoxes et non musulmans dans la pensée d’Abū Ḥāmid al-Ġazālī (m. 1111) / Unorthodox and non-Muslims in the writings of Abū Ḥāmid al-Ġazālī (d. 1111)Pisani, Emmanuel 09 January 2014 (has links)
Face aux divisions fratricides de son temps au sein de la communauté musulmane, Abū Ḥāmid al-Ġazālī (m. 505/1111) est amené à développer une synthèse conciliatrice entre les différents courants et mouvements de l’islam afin de combattre la dynamique d’exclusion et d’anathémisation (takfīr) qui menace la communauté. Notre recherche montre que plus al-Ġazālī bataille sur le plan juridique, théologique et mystique pour un grand mouvement d’intégration des différences doctrinales, de conciliation et de respect des différences de lectures ou d’interprétation du Coran, plus son regard sur les non musulmans devient inclusif et ses jugements parfois tranchés cèdent à une appréciation pondérée au point de suggérer des propositions eschatologiques audacieuses quant à leur devenir dans le monde de l’au-delà. / Faced in his lifetime with fratricidal divisions within the muslim community, Abū Ḥāmid al-Ġazālī favoured over the years a conciliatory synthesis of the various strains and movements within Islam in order to combat the spiral of exclusion and denunciation (tafkīr) which threatened the community. The research undertaken here reveals that the more al-Ġazālī militates on a legal, theologial, and mystical level for a wide- sweeping integration of doctrinal differences, and for the acceptance and respect of different readings or interpretations of the Coran, the more understanding and tolerant his attitude to non-muslims becomes, and his sometimes stern judgements give way to a more reasonable appreciation, even to the point of putting forward bold eschatological propositions concerning the future of non-Muslims in the next world.
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Money and production : a pluralist analysisWeir, Diarmid J. G. January 2008 (has links)
The purpose of this thesis is to argue that the core of a monetary economy is a network of triangular contracts between banks, firms, workers and capital goods suppliers. Not only does this network give rise to the creation and valuation of money but it is the organising feature of modern economies, giving rise to both episodes of stability and crises. In constructing this argument I consider both orthodox and heterodox points of view. We analyse equilibrium models of money, and find that while money can exist in sequence economies with frictions, models of this type give no justification for its creation, valuation or holding for any significant duration, either theoretically or experimentally. Models that introduce dated goods and trading frictions to motivate the issue of risk-spreading ‘bundled’ debt are more promising for money creation, although they still cannot explain the the holding and valuation of money. Using the concept of team-production of Alchian and Demsetz and that of ‘hostage-taking’ in contracts owing to Williamson, we demonstrate how the issue of a token of generalised purchasing power from a team-production contract can enhance output and consumption. This conclusion motivates an original monetary theory of production that integrates the insights of Post-Keynesian monetary theory and the triangular contracts of the Circulation Approach and expresses them in a way that shows consistent asset and liability matching through a balance sheet approach. The creation and valuation of money and the determination of interest are embedded within the central processes of this economy. The features of the monetary production economy we analyse are in contrast to the mainstream proposition that the economy as a whole is rendered coherent by the existence of a unique and stable equilibrium determined by the utility-maximisation of households and the profit maximisation of firms. Apart from their inability to describe the economy in aggregate, such models treat money as an afterthought that is in no way core to their conception. We set the triangular contracts within a rigorous stock-flow framework of the type developed by Godley and Lavoie and argue that the shifting of the level of impact of uncertainty and failed expectations induced by money leads to specific patterns of economic disruption. These patterns are independent of the specific behavioural characteristics of households and firms and so are robust to policy changes that leave the institutions of the monetary production economy intact. We briefly assess current monetary policy and alternatives in the light of these findings.
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