Lectures
Dec 30th, 2025
With the 2007-2008 financial crisis, it has become evident that economics as taught at universities has serious shortcomings. One of these is the role assigned to money and the financial system. A huge array of papers and books have been published since, in an attempt to repair and complement mainstream theory of financial economics. With my colleague Klaas van Egmond, and in interaction with members of the Sustainable Finance Lab of Utrecht University, we have cnstructed a system dynamics simuation model of the financial system. It is parametrized for the EU over the period 1950-2020. In the attached paper, we explore the role of money creation by commercial banks and the alternative of public money (full reserve banking).
Mar 19th, 2025
In the last decades, I have given written various reports and given presentations about what I, as a natural and sustainability scientist, consider shortcomings in mainstream economics curricula. This presentation, given at Maastricht University, is a compilation. It briefly suggests ways forward, which include the achievements in resource and environmental economics and institutional economics.
Mar 7th, 2024
Between 2020 and 2024 I have been lecturing, on the invitation of Willem Auping, at the The Hague location of the Faculteit Techniek, Bestuur en Management Of Technical University Delft. In these lectures , I give an overview of three Integrated Assessment Models (IAMs) of Global Change: the World3 model (1971), the TRGETS model (1997) and the IMAGE model (1993-present).
I have often lectured on the concepts and methods of system dynamics for the exploration of sustainable development strategies. This .pdf contains some basic concepts with examples and applications.