Tim Thornton has lectured in economics at Australian Universities for over ten years. He wrote his PhD on the evolution of economics teaching in Australian universities, and is an award-winning teacher.
Mainstream Economics: Strengths and limitationsFeb. 21, 2013, 6:30 p.m. Lecturer: Tim Thornton
Economics is unique in the social sciences for being characterized by a dominant orthodoxy and the institutional marginalization of alternative approaches. This lecture explains the nature of this orthodoxy, with a keen eye to both its usefulness and its limitations.
Boom, Bust and Unemployment: Macroeconomics and the ideas of JM KeynesFeb. 28, 2013, 6:30 p.m. Lecturer: Tim Thornton
This lecture is an introduction to macroeconomics and the ideas of J M Keynes. While it is often claimed that Keynes ideas have been absorbed intomainstream economics, it will be shown in this lecture that his most important insights remain either largely ignored or totally distorted.
Economic Growth and the Social Structures of AccumulationMarch 14, 2013, 6:30 p.m. Lecturer: Tim Thornton
This lecture examines the nature of growth from a Social Structures of Accumulation perspective, seeking to understand growth and decline in the global economy.
The Many Schools of Modern Political EconomyMarch 21, 2013, 6:30 p.m. Lecturer: Tim Thornton
This lecture surveys the many schools of economics that make up modern political economy: institutionalism and evolutionary economics; Post-Keynesianism; Marxism; feminist economics; ecological economics and Austrian economics. Note: Due to technical difficulties, the audio in this recording is of poor quality for the first 3 and a half minutes, but improves significantly. Hang in there.
Wither Capitalism?March 28, 2013, 6:30 p.m. Lecturer: Tim Thornton
What sort of political, social and economic systems are appropriate for the 21st century? What sort of economy can address problems of environmental constraint and increasing inequality and lead to a more flourishing and cohesive society? Is it a case of refining existing economic and political institutions or is more comprehensive change required?
Financial Instability: The GFC and Hyman MinskyJuly 3, 2013, 6:30 p.m. Lecturer: Tim Thornton
In the wake of the Global Financial Crisis there has been a renewed interest in the work of Hyman Minsky. This lecture explain Minsky’s Financial Instability Hypothesis.