This dissertation consists of three essays on market and mechanism design. In each essay, I utilize tools and knowledge from game theory, equilibrium theory, and mechanism design to explain agents' behavior and assess the market equilibrium structure in different allocation mechanisms, both with and without monetary transactions. The first two…

The purpose of this article is to provide guidance for instructors who wish to develop a course associated with student participation in the College Fed Challenge (CFC), an academic competition designed to test students' knowledge of current economic events and monetary policy. We eschew a lecture-only methodology and use small-group and…

Imagine what education would look like if upon completion every graduate was guaranteed a job paying a living wage, democratically created, doing meaningful work… This is a political possibility in most countries in the world today: Modern Monetary Theory (MMT) demonstrates that, provided a country has sovereignty over its currency, which most now…

Classroom practitioners are expected to facilitate effective learning under the "Curriculum and Assessment Policy Statement" (CAPS) in South Africa. During this facilitation process, educators are required to become more resourceful in terms of their learning and teaching strategies. This article is based on a case study -- within the…

This article attempts to make some sense of what is happening to the role of money and the economy in our lives and in our communities. It shows that the picture provided by the discipline of economics makes no sense at all. Corporations and national economies have become wealth extractors as opposed to wealth creators. Only about 3% of daily…

This is a unique and groundbreaking collection of questions and answers coming from higher education institutions on diverse fields and across a wide spectrum of countries and cultures. It creates routes for further innovation, collaboration amidst the Sciences (both Natural and Social), the Humanities, and the private and public sectors of…

Economists and historians have struggled for almost 80 years to account for the American Great Depression, which began in 1929 and lasted until the early years of World War II. In this article, the authors discuss three major schools of thought on the causes of the Great Depression and the long failure of the American economy to return to full…