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Carolina Alves
@cacrisalves
Joan Robinson Research Fellow in Heterodox Economics @Cambridge_Uni @GirtonCollege. Co-editor of @criticaldev and co-founder of @DivDecEcon. Also: 🇵🇸 💕
girton.cam.ac.uk/people/dr-caro…
Joined March 2018
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    Carolina Alves
    @cacrisalves
    Feb 27
    I’ve talked a lot here about whether the discipline is fit for purpose. Here’s my latest piece... hoping to engage with those who value thoughtful, genuine debate! rdcu.be/e50C8 @IvanWerning @DianeCoyle1859 @dandolfa @darioperkins @R2Rsquared @ilzetzki @jbsteinberg
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    Carolina Alves
    @cacrisalves
    Sep 8, 2019
    Normal week in Brazil, 2019: Olavo Carvalho - the political guru of Jair Bolsonaro - stated that Theodor Adorno was the composer of Beatles’ song. “The Beatles were semi-literate in music, they barely knew how to play the guitar. Who composed their songs was Theodor Adorno”
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    tesoureiros
    @tesoureiros
    Sep 7, 2019
    As músicas dos Beatles foram escritas por um filósofo da escola de Frankfurt para propagar o marxismo cultural 👍
    Renan Santos⬛️🟨⬜️
    00:00
    Renan Santos⬛️🟨⬜️
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    Carolina Alves
    @cacrisalves
    Nov 30, 2023
    Economists: ‘… but the problem with countries such as Laos, Vietnam and Cambodia is corruption and lack of strong institutions…’ #Kissinger
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    Carolina Alves
    @cacrisalves
    Nov 8, 2022
    Here’s my theoretical contribution to the development & update of Marx’s theory of money and credit.   Both fictitious capital & one of its forms, gov bonds, must be brought to the center of the analysis.   Thank you @NPEjournal for providing this space! tandfonline.com/doi/full/10.10…
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    Carolina Alves
    @cacrisalves
    Jun 22, 2022
    So sad to be leaving my Fellowship @GirtonCollege earlier than expected, but I couldn't resist the opportunity to start the next academic year working in such an amazing policy-research institute. 🤓 Thanks, @AntoAndreoni @MazzucatoM @rainerkattel for the trust & encouragement!
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    UCL Institute for Innovation and Public Purpose
    @IIPP_UCL
    Jun 22, 2022
    Exciting news! 🎉 We're happy to announce that Dr Carolina Alves will be joining IIPP as an Associate Professor in Economics! Read more below: bit.ly/3xEg1kX
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    Carolina Alves
    @cacrisalves
    Mar 21, 2021
    “Economic theory learns nothing from economic history” (Solow, 1986). Discuss.
  • user avatar
    Carolina Alves
    @cacrisalves
    Apr 12, 2023
    I'm revisiting the debate on heterodox econ, so I decided to put together a thread with suggested readings for those interested in learning more about the term, its origins & how hetecon is a rich & constructive research programme rather than an opposition to the orthodoxy. 1/15
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    Carolina Alves
    @cacrisalves
    Jan 2, 2021
    Why is Ellen Wood so good? #ASSA2021
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    Carolina Alves
    @cacrisalves
    Jul 14, 2020
    On a different note, the [sexist] history of economics never fails to shock me. #JoanRobinson #WomeninEcon
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    Carolina Alves
    @cacrisalves
    Oct 21, 2025
    Economists: ‘math imposes coherence with the assumptions…’ Assumptions: rational behaviour, maximising behaviour, scarcity, ceteris paribus, equilibrium, perfect information , perfect competition, transitivity of preferences, fixed technology… Me:
    GIF
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    Francisco Nunes
    @FranNunesEcon
    Oct 20, 2025
    Replying to @AmosAhola @haugejostein and @Geenimetsuri
    Of course it is. Any theoretical model makes clear under which assumptions each conclusion is valid. That’s why we use mathematical models: they impose coherence with the assumptions.
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    Carolina Alves
    @cacrisalves
    Jul 17, 2020
    In the coming months & years, there will be a battle to define the narrative of the pandemic. We need an explanation of the crisis that is capable of seeing the economy as more than just markets and, rather, as embedded in society (Alves & Kvangraven 2020) ras.org.in/changing_the_n…
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    Carolina Alves
    @cacrisalves
    Sep 19, 2022
    Finished reading one of the best books of 2022! It explains so well society's shift (culturally, politically, ideologically & economically) to a market dependency that has frozen our creativity, narrowed our ambitions to money & trapped us into being no more than mere consumers.
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    Daniel Zamora Vargas
    @DanielZamoraV
    Aug 31, 2022
    It's happening
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    Carolina Alves
    @cacrisalves
    Jun 19, 2022
    Exactly 80 years ago, Robinson published a book attempting to bring academic & Marxian econ together. Here's my view on this encounter, highlighting the influence of Marx on JR's work while also discussing aspects related to some current issues in macro. aeaweb.org/articles?id=10…
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    Carolina Alves
    @cacrisalves
    Oct 22, 2025
    Economists: ‘math imposes coherence with the assumptions’ Assumptions: rational behaviour, maximising behaviour, scarcity, ceteris paribus, eqm, perfect information , perfect competition, transitivity of preferences, fixed technology Economists: ‘ but but we relax them’ Me:
    GIF
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    Francisco Nunes
    @FranNunesEcon
    Oct 21, 2025
    There are already papers that relax those assumptions — like imperfect competition models — and some of them are even taught in undergraduate Economics. But ok, you can keep using a straw man fallacy.
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