RE: Nijmegen
Welcome to Rethinking Economics Nijmegen!
Our goal is to promote critical thinking within economic education. Set within the bustling academic community of Radboud University Nijmegen, we organize events focusing on recent developments in economic thought. Besides informative lectures and workshops we also organize social meetings everyone once in a while to catch up with each other and have lively discussions.
Check out the following link to see when the next event is coming up: https://www.linkedin.com/company/rethinking-economics-nijmegen/
Feel free to reach out to us with your ideas and suggestions!
Sincerely,
the Rethinking Economics Nijmegen team
nijmegen@rethinkingeconomics.nl
NextGen Economists - Webinar Series
Who are the young economists actively shaping the future of their field? In our webinar series NextGen Economists we focus on prominent PhD researchers who apply novel perspectives to address current challenges. Get inspired by cutting-edge economic research and participate in a lively discussion.
Rethinking Currency
Central banks issue liabilities. Those held by banks are electronic ledger entries called reserves, which can be traded only among banks. Central bank liabilities held by the public, called cash, are physical objects such as metallic coins or paper dollar bills. Most of the money we use are deposit accounts at banks, which are electronic ledger entries representing bank liabilities. This money can be transferred between deposit accounts or converted to cash.
Central bank digital currencies (CBDC) are central bank liabilities in the form of electronic ledger entries which can be held by the public. Recent development in distributed ledger technology and cryptography have made implementation of CBDC feasible. Central banks and economists are currently exploring myriad potential designs of CBDC. This lecture will present a brief introduction to the topic of CBDC and then describe a particular application to the shadow banking system that Mr. Aronoff is currently researching.
Rethinking Environmental Policy
Behavioral economics, with its focus on realistic models of economic behavior, suggests that effective policy for changing consumer behavior is not limited to price instruments or direct regulatory approaches, like bans or quotas.
Claes Ek's research concerns how to apply psychological insights to promote household and individual pro-environmental behavior. In this webinar, he will present his recent work on 'norm-based feedback' comparing waste generation in each household to that of their neighbors. Such feedback led to a 10% reduction in unsorted waste in two Swedish municipalities. He will also discuss the proper role and use of behavioral instruments compared with more traditional policies, as well as the relationship between behavioral and mainstream economics.
Rethinking Development Economics
December 16th 2020, 12:30-13:30 CET
According to neoclassical models of economic growth and traditional indicators like Gross Domestic Output, it appears that the world is becoming increasingly affluent. However, much of what we think we know from neoclassical economics may not be so. Charan van Krevel’s Doctoral research questions the very foundations of our well-established growth models, and pivots to more encompassing ways to think about development and prosperity.
In this webinar, Charan shares his view of the current state of development economics and his ambitions of what economics ought to be – guided by his own recent research output and plans for the future. His work addresses topics such as the role of natural resources in society and development; the validity of regarding free-trade as an antidote for poverty; and power policymakers in development.
What Is the Difference Between Value and Values?
On Thursday May 13, 2021, Professor Jack Vromen (Director of the Erasmus Institute for Philosophy and Economics) was invited in a collaboration by RE Nijmegen and RE Rotterdam to give a lecture about his insights on markets and morality.
In front of a digital audience, Professor Vromen offered a clear overview of the possibilities and limitations of markets. According to him, we can’t take the market system, although it produces many solutions, for granted. Markets are essential to progress, to finding solutions to our most pressing problems, but they don’t exist in a vacuum. Markets are social constructs, whose effectiveness is determined partly by the rules of the state and partly by the values of society.