Archive

Dr. Amit Bhaduri received the Leontief Prize together with Dr. Diane Elson in March 2016. He is professor emeritus at the Jawaharlal Nehru University, Delhi, and visiting chair professor in political economy at the Goa University. His research areas deal with capital and growth theory, Keynesian and post-Keynesian macroeconomics, as well as development economics. About a month later, we are happy to welcome him to Vienna. On April 11th, he held a lecture at the Vienna University of Economics and Business entitled "An analysis of economic power and inequality through institutions and ideology".

Event

In recent decades, a joint increase in both inequality and rapid growth of financial transactions was noticeable; this can be characterized as a dangerous combination. Rising inequality has contributed to financialisation and dampens aggregate demand. Financialisation leads to a faster increase of top incomes, faster than the rest of the economy. Even though this model lead to one of the worst economic crises since the Great Depression of the 1930s, economic policy has not changed significantly. Prof Stockhammer applies Post-Keynesian theory to analyze the nexus between inequality and financialisation.

Event

Joseph E. Stiglitz is one of the world's most famous economists. He is a professor at Columbia University and was chief economist for the World Bank from 1997 to 2000. In 2001, he received the Nobel Memorial Prize in Economic Sciences, together with George A. Akerlof and A. Michael Spence, for his work concerning markets with asymmetric information. Stiglitz holds an honorary doctorate at WU. Inequality is at the center of Stiglitz’s research.

Event

The institute “Economics of Inequality“ is a multidisciplinary research institute at the Vienna University of Economics and Business, where professors of the Department of Economics and the Department of Socio-economics research and analyze a wide variety of questions concerning economic, ecological and social inequality with a small team of young but highly qualified researchers.

Event

Equal starting position, non-discriminatory access to the labour market and socially just opportunity of participation are not only crucial democratic -principles but also investments in social and economic wealth. Unequal access to education, especially leads to disadvantages and exclusion in the labor market in the process. Therefore, equally distributed access to education plays an important part in guaranteeing the equality of opportunity for a broad population.

Event