International Journal of Pluralism and Economics Education (9 papers in press)
ONLINE TEACHING DURING COVID-19: THE TRIPLE IMPERATIVES
by Junaid Qadir
Abstract: Since the onset of the COVID-19, online learning has taken center stage across the world as authorities have been pushed to close educational institutes to contain and manage the pandemic. The effect of the abruptness of the switch to full-fledged online learning has been disruptive for educators and students alike. In particular, educators are torn between different goals such as effectiveness (i.e., trying to emulate in-person classes online and cover the same material), inclusiveness (i.e., no student is excluded from the learning process), and equity (i.e., trying to ensure that no students are left behind). Matters are made more serious by the fact that we are in the midst of the worst pandemic in the last 100 years with students locked inside their homes with their siblings and family members in stressful situations (which makes paying attention and engaging in learning very difficult). In this paper, we highlight the importance of keeping a learner-centric focus in which there is an explicit effort on the triple imperatives of online learningi.e., to develop online classrooms that are at the same time, equitable, inclusive, and effective.
Keywords: online learning; online education; COVID-19; online schooling; digital divides; online penalty; distance learning.
A little microbe that markets cant help with
by Thomas Lines
Abstract: Market processes had little to offer governments in response to the corona virus (Covid-19) pandemic, while important market-based solutions did not arise spontaneously to the problems it posed and nor were they formally proposed. This essay considers this in relation to the British governments response, with a particular look at clinical testing for the virus and the tracing of contacts of people infected by it. This is set in the framework of a triad of economic organising principles, characterised as Democracy, Authority, and Exchange, all three of them capable of having both public and private manifestations.
Keywords: corona virus; Covid-19; pandemic; markets; Democracy; Authority; Exchange.
The COVID-19 Pandemic and the Contributions of Modern Monetary Theory
by Arturo Hermann
Abstract: The present situation linked to the COVID-19 pandemic has fostered a general rethinking of how economic theories can inform an effective policy response. In such a context, perhaps no theory has been brought more to the test than Modern Monetary Theory (MMT). As a matter of fact, MMT, by positing that governments can always create their currencies, seems particular apt for dealing with COVID-19. We will briefly address MMT, and focus on how MMT insights can be employed not only for todays emergency but also for building a new sustainable economy. Some conclusions about economics education will follow.
Keywords: Modern Monetary Theory; Supranational Policies; the Keynesian “Euthanasia of Rentier”; Social Valuing; Interdisciplinarity.
The Impact of Covid-19 on the Indian Hospitality Sector and Tourism Education
by Sahil Singh Jasrotia, Tarun Agarwal, Shagun Chib
Abstract: Coronavirus (COVID-19) pandemic has challenged the world like never before. Effects of the same have been felt not only on tourism, but, economies of the developed and the not so developed world. With almost none medical preparedness to treat the pandemic, lockdowns and distancing remained the main strategies to contain the pandemic. Tourism sector apart from worldwide seems to have got affected badly especially counteracting pandemic on account of mobility restrictions and the distancing norms. Tourism Education is one particular sector which has been majorly overlooked despite being vulnerably hit. This paper explores as to how the deadly virus spread is bringing change in the society, economy, and tourism sector in specific and also emphasize the perspective of tourism educators by focusing on the challenges and reinvention required in the sector during post-covid scenario. It also discusses as to why the corona pandemic has raised questions around the volume growth of tourism in India as against the projections made by tourism organizations.
Keywords: Pandemic; Hospitality Sector; Tourism; Coronavirus; Tourism Education.
What Covid-19 demonstrates: On the limits of self-interested behavior, capitalism, and the role of solidarity
by Lia Alexandra Baltador, Ioana Negru
Abstract: This paper raises systemic questions about capitalism and questions the role that self-interest played in the economy and society and also as a fundamental principle in the economics discipline. This article puts forward the possibility and importance of solidarity in building cohesion in our communities and helping the economic and social recovery globally. The authors advocate that economists should pay more attention to the economics of solidarity, a sub-discipline that can bring a paradigm shift in the way we conceptualise the individual behaviour in economics and could inform respectively the policy-makers on the significance of solidarity as a building stone for a future and better society.
Keywords: Covid-19; self-interest; economics of solidarity; capitalism.
The COVID-19 Crisis and (In)Equity: What Lessons Can We Learn?
by Tonia Warnecke
Abstract: Focusing on the United States, this article discusses the COVID-19 pandemic; the disproportionate impacts of the pandemic on disadvantaged and marginalized populations; and the ways the countrys crisis response exacerbated these impacts. Topics discussed include the gig economy, the digital divide, health care access and provision, remote work, national crisis management, the Paycheck Protection Program, worker safety, and unemployment. The article highlights lessons we can learn from this experience to reframe decision-making processes for greater inclusivity. Ideas for educators are also provided.
Keywords: COVID-19; Crisis; Crisis management; Digital divide; Economics; Gender; Inequity; Pandemic; Pluralism; Policy; Race; Remote Work; Risk management.
Can we afford pluralism in times of disruption? A competence-based guide for pluralistic and democratic practice
by Malgorzata Dereniowska
Abstract: This article scrutinises the meaning and role of pluralism in times of global disruption caused by the COVID-19 pandemic. The coherent pandemic responses have been accompanied by the rise of censorship of dissent in behalf of the fight with disinformation. While the motivations have been justified with the urgency of the situation, there are more fundamental issues related to the future of pluralism and democracy. This article addresses the following question: is it possible to navigate through disruption while respecting pluralism in society, politics, and science in a way that builds capacity for collective resilience and integrity? In outlining an affirmative answer to this question, I will argue that there is an inherent value to pluralistic practice based on moral-democratic competence. The goal is to provide principled guidelines for pluralistic practices, and insights into how to navigate through disruption while respecting pluralism in society, politics, and science.
Keywords: pluralism; pluralist principles; moral-democratic competence; COVID-19; coronavirus pandemic.
COVID-19 Crisis and Role of the Indian State
by Abhijit Pathak, Apurba Kumar Chattopadhyay
Abstract: COVID-19 has affected the world with varied intensity. India has also been confronted with this crisis. The Indian government announced a complete national lockdown from March 25 to May 31, 2020, to combat the pandemic. The lockdown measures have rendered significant economic costs in terms of loss of employment, income, and output. Large-scale state intervention was necessary to rescue the economy from this crisis. The stimulus packages announced by the Government of India (GOI) have not increased government expenditure more than 1.5 per cent of Indias gross domestic product during the fiscal year 2020-21. In this paper, we find that the national lockdown measures adopted by the GOI have weakened the states financially, and largely restricted their providing benefits to their citizens. This has made states more financially dependent on the centre. This paper argues that the interests of domestic capitalists and international finance capital have restricted India to increase its government expenditure and to adopt economic policies for the best benefits of its citizens. Thus, financial weakness of the state governments has accentuated during the lockdown period in India and has tilted the balance further in favour of the centre. This is neither encouraging from the perspective of fiscal federalism in India nor for the delivery of welfare to its citizens. This may even delay the process of Indias economic recovery.
Keywords: COVID-19; fiscal deficit; federalism; international finance capital; India.
COVID-19 and Economics Education: A View from India
by Alex M. Thomas
Abstract: In this note, I argue for an economics education which incorporates the ideas of embeddedness, interdependence, and necessaries, all visible in the works of the classical political economists. These ideas are often found in non-mainstream courses such as history of economic thought and political economy but are absent in mainstream microeconomics and macroeconomics. Subsequently, the need for pluralism in economic theory and methods is advocated, all the while keeping the socioeconomic surroundings of the learner at the centre of educational planning and practice.
Keywords: COVID-19; India; economics education; pluralism.