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Cover Unbalanced Growth from a Balanced Perspective
Unbalanced Growth from a Balanced Perspective
Carl Chiarella
,
Peter Flaschel
,
Reiner Franke
,
Ricardo Araujo
,
Matthieu Charpe
,
Christian R. Proaño
, and
Andreas Szczutkowski
As a whole this book adds the ‘Keynes’-component (K) to the Goodwinian vision of a ‘MKS-System’. It first provides a reconsideration of prominent past approaches towards the formation of Keynesian macrodynamics. Ultimately it aims to integrate Marx's Distributive Cycle and aspects of Schumpeter's reformulation of socialism and democracy theory, with Keynes' macro-theory of a ‘Tripartite Market Hierarchy’. This regards financial markets as being at the top, followed by goods markets which in turn are followed by the weakest element, the labor markets. It is completed by certain repercussions that influence the central causal nexus of these three fundamental macro-markets in the longer-run.
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Monograph Book
Publication Date:
21 Jan 2021
DOI:
https://doi.org/10.4337/9781789908008
Collections:
Economics 2021
Cover Can Heterodox Economics Make a Difference?
Can Heterodox Economics Make a Difference?
Conversations With Key Thinkers
Phil Armstrong
In a series of in-depth interviews with leading economists and policy-makers from different schools including Austrian, Monetarist, New-Keynesian, Post-Keynesian, Modern Monetary Theory, Marxist and Institutionalist, this intriguing book sheds light upon the behaviour of economists and the sociology of the economics profession by enabling economists to express their views on a wide range of issues. 
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Monograph Book
Publication Date:
10 Nov 2020
DOI:
https://doi.org/10.4337/9781800370890
Collections:
Economics 2020
Cover Managing the Cooperative Enterprise
Managing the Cooperative Enterprise
The Rise of Worker-Controlled Firms
Bruno Jossa
This book revolves around the idea that capitalism is not a democratic system and that a system of producer cooperatives, or democratically managed enterprises, gives rise to a new mode of production which is authentically socialist in essence and fully consistent with the ultimate rationale underlying Marx’s theoretical approach. The author argues that the cooperative firm system outlined in this book offers a rich array of non-economic benefits that justify its classification as a ‘genuinely socialist’ entity, with real potential for achieving true economic democracy.
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Monograph Book
Publication Date:
09 Oct 2020
DOI:
https://doi.org/10.4337/9781800372016
Collections:
Economics 2020
Cover Inequalities and the Progressive Era
Inequalities and the Progressive Era
Breakthroughs and Legacies
Editor:
Guillaume Vallet
Inequalities and the Progressive Era features contributors from all corners of the world, each exploring a different type of inequality during the ‘Progressive Era’ (1890s-1930s). Though this era is most associated with the United States, it corresponds to a historical period in which profound changes and progress are realized or expected all over the globe.
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Monograph Book
Publication Date:
26 Jun 2020
DOI:
https://doi.org/10.4337/9781788972659
Collections:
Economics 2020
Cover Intergenerational Equity
Intergenerational Equity
Corporate and Financial Leadership
Julia M. Puaschunder
Exploring a topic of growing importance that has scant coverage, Intergenerational Equity brings to the fore a comprehensive discussion of intergenerational predicaments. The book explores how corporate and financial social responsibility can leverage intergenerational harmony through Corporate Social Responsibility (CSR) and Socially Responsible Investment (SRI).
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Monograph Book
Publication Date:
10 Oct 2019
DOI:
https://doi.org/10.4337/9781788978835
Collections:
Economics 2019
Cover Is There a Future for Heterodox Economics?
Is There a Future for Heterodox Economics?
Institutions, Ideology and a Scientific Community
Geoffrey M. Hodgson
Over the last 50 years, the community of heterodox economists has expanded, and its publications have proliferated. But its power in departments of economics has waned. Addressing this paradox, this book argues that heterodox economists are defined more by left ideology than by a shared understanding of the nature of orthodox economics and of what should replace it. Heterodox economists cannot agree on what heterodoxy means. This volume applies work on the social nature and institutions of science to help explain the failure of heterodox economics to gain ground. It assesses some strategic options for its future.
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Monograph Book
Publication Date:
30 Aug 2019
DOI:
https://doi.org/10.4337/9781789901597
Collections:
Economics 2019
Cover The Political Economy of Central Banking
The Political Economy of Central Banking
Contested Control and the Power of Finance, Selected Essays of Gerald Epstein
Gerald Epstein
Central banks are among the most powerful government economic institutions in the world. This volume explores the economic and political contours of the struggle for influence over the policies of central banks such as the Federal Reserve, and the implications of this struggle for economic performance and the distribution of wealth and power in society.
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Monograph Book
Publication Date:
30 Aug 2019
DOI:
https://doi.org/10.4337/9781788978415
Collections:
Economics 2019
Cover The Political Economy of International Finance in an Age of Inequality
The Political Economy of International Finance in an Age of Inequality
Soft Currencies, Hard Landings
Editor:
Gerald A. Epstein
The essays in this book describe and analyze the current contours of the international financial system, covering both developed and developing countries, and focusing on the ways in which the current international financial system structures, and is affected by, profound inequalities in the international system. This keen analysis of key topics in international finance takes a heterodox perspective, with focus on the role of inequalities in power in shaping the structure and outcomes in the international sphere.
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Monograph Book
Publication Date:
30 Nov 2018
DOI:
https://doi.org/10.4337/9781788972635
Collections:
Economics 2018
Cover Value, Competition and Exploitation
Value, Competition and Exploitation
Marx's Legacy Revisited
Jonathan F. Cogliano
,
Peter Flaschel
,
Reiner Franke
,
Nils Fröhlich
, and
Roberto Veneziani
This book provides a comprehensive and rigorous, yet accessible, analysis of classical and Marxian price and value theory using the tools of contemporary economic analysis. The broad conceptual framework and methodology of Marx and the classical authors offers interesting and relevant perspectives on the basic structure and evolution of modern capitalist economies. Arguably, the book provides a deeper and more nuanced understanding of today's economic problems than can be gained via mainstream approaches.
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Monograph Book
Publication Date:
27 Jul 2018
DOI:
https://doi.org/10.4337/9781786430649
Collections:
Economics 2018
Cover A New Model of Socialism
A New Model of Socialism
Democratising Economic Production
Bruno Jossa
A New Model of Socialism focuses on the current crisis of the political Left, a result of the collapse of the Soviet model of society and the decline of statism and kingship. Bruno Jossa expands on existing theories to explore Marx’s notions on economic democracy in a modern setting. He advocates a move away from the centralised planning form of economic socialism towards a self-management system for firms that does not prioritise the interests of one class over another, in order to achieve greater economic democracy. It is argued that the establishment of such a system of democratic firms is the precondition for reducing intervention in the economy, thus enabling the State to perform its ultimate function of serving the public interest.
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Monograph Book
Publication Date:
27 Apr 2018
DOI:
https://doi.org/10.4337/9781788117838
Collections:
Economics 2018