Modern Monetary Theory is a post-Keynesian heterodox theory postulating that an economy holding a sovereign currency can never run out...
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A self-provisioning society can be an intersection of the commons, as envisioned by Nobel Laureate Elinor Ostrom, and cooperative economics, a branch of heterodox economic thought.
Choosing Out of a Paradox
Two paradoxes – that of value and choice – in economic and psychological decision-making are quite different yet similar. At...
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Monopsony in the Labor Market
This explainer expands on the labor demand and supply in a monopsonistic labor market, exploring the effect of collective bargaining...
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Human as Capital
Human capital accumulation is equally essential to the production process in an economy, as is physical capital formation. The article...
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Theory of Change for Development Evaluation
A theory of change is a theory to explain causal pathways of anticipated impact after initiating an intervention, used in...
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Measuring the Concentration of Market Power
Market power, often calculated by the Herfindahl-Hirschman Index, has increased, within several industries, with the advent of globalization and digitization....
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