Understand that modern money is created as debt and that central banks only indirectly control the supply of money.
Discover why capitalism will inherently produce crises of overproduction and underconsumption and why the ensuing crises have to be solved with expansion. Enter David Harvey’s concept of spatio-temporal fix.
Understand that we have preconceived ideas about whether capitalism is ‘good’ or ‘bad’. Understand how the institutional and evolutionary approaches in our discipline help analyze capitalism Pave the way to David Harvey’s theory of the spatio-temporal fix (a geographical theory… Continue Reading →
Discover how the concept of institutions and institutional change (two econgeo favorites) can help explain what currently happens in Ukraine.
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