Towards a just economy with video clips
Author
Faculty Advisor
Date
2025
Keywords
ECON 101, heterodox economics, economic principles, Neoclassic economics, Nick Romeo, Steve Keen
Abstract (summary)
In a bid to shift the focus from the technicalities of stylized mathematical problems and towards addressing real world issues, I came across Romeo (2024) which was promoted at the CORE website.1 This is not to take away from the important task set up by Keen (2022, p. 143) who opines that “failing to do mathematical modelling cedes to the Neoclassicals” and that “the mathematical foundation of a post-Neoclassical economics is system dynamics”. However, my approach at the ECON 101 level has been to expose students to pluralist perspectives through short video clips, and there is some literature that connects heterodox economics and critiques with animation clips (Jahangir, 2021; 2023). In this regard, Romeo (2024) provides an excellent opportunity to introduce students to alternative ways of achieving a more just economy. This is because each of his book chapters can be paired up with short videos of less than 5 minutes each that do not take much of class time and which can be helpful in retaining student interest. As Sexton (2006) mentions, the use of 3–5-minute short video clips to highlight economic principles can “break up the monotony of a straight lecture”. In what follows, seven short videos are showcased along with a synopsis of the main ideas offered by Romeo (2024).
Publication Information
Jahangir, J. (2025). Towards a just economy with video clips. real-world economics review, 111, 49-57. https://www.paecon.net/PAEReview/issue111/whole111.pdf
DOI
Notes
Item Type
Article
Language
Rights
All Rights Reserved