For most economists, ‘Austrian economics’ refers to a distinct school of thought, originating with Mises and Hayek and characterised by a strong commitment to free-market liberalism. This innovative book explores an alternative Austrian tradition in economics. Demonstrating how the debate on the economics of socialism began in Austria long before the 1930s, it analyses the work and impact of many leading Austrian economists through a century of Austrian socialist economics.
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The Economics of War
Profiteering, Militarism and Imperialism
Imad A. Moosa
Bad things occur and persist because of the presence of powerful beneficiaries. In this provocative and illuminating book, Imad Moosa illustrates the economic motivations behind the last 100 years of international conflict, citing the numerous powerful individual and corporate war profiteers that benefit from war.
Capitalism in Transformation
Movements and Countermovements in the 21st Century
Edited by Roland Atzmüller, Brigitte Aulenbacher, Ulrich Brand, Fabienne Décieux, Karin Fischer and Birgit Sauer
Presenting a profound and far-reaching analysis of economic, ecological, social, cultural and political developments of contemporary capitalism, this book draws on the work of Karl Polanyi, and re-reads it for our times. The renowned authors offer key insights to current changes in the relations between the economy, politics and society, and their ecological and social effects.
Global Political Economy
Beyond the Nation State
David Reisman
Economics is business and politics is power. In this insightful book, David Reisman explores the interaction between authority and exchange in a global village where individual nation states – once the pinnacle of political organization – increasingly depend on each other for their material well-being.
A Modern Guide to State Intervention
Economic Policies for Growth and Sustainability
Edited by Nikolaos Karagiannis and John E. King
A Modern Guide to State Intervention investigates the impact of the changing role of the state, offering an alternative political economy for the third decade of the twenty-first century. Building on important factors including history, the role of institutions, society and economic structures, this Modern Guide considers economic and administrative interventions towards changing the destabilized status quo of modern societies.
A Political Economy of African Regionalisms
An Overview of Asymmetrical Development
Wil Hout and M. A.M. Salih
This book analyses the main factors influencing the political economy of Africa’s asymmetrical regionalism, focusing on regional and sub-regional trade, investment, movement of people, goods and services. It pays particular attention to the way in which regional and sub-regional dynamics are impacted by extra-regional relations, such with the EU, US, China and India. Because African regionalism is influenced not only by economic processes, peace and security are also analysed as important factors shaping both regional and sub-regional relations and dynamics.
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.
The Political Economy of Non-Territorial Exit
Cryptosecession
Trent J. MacDonald
Territorial political organisation forms the backbone of western liberal democracies. However, political economists are increasingly aware of how this form of government neglects the preferences of citizens, resulting in dramatic conflicts. The Political Economy of Non-Territorial Exit explores the theoretical possibility of ‘unbundling’ government functions and decentralising territorial governance.
Features and Challenges of the EU Budget
A Multidisciplinary Analysis
Edited by Luca Zamparini and Ubaldo Villani-Lubelli
Since the inception of the European Economic Community, the EU budget has been one of the most contested and important issues. The evolution of its structure and composition has also reflected the overall development of the EU. From a multidisciplinary approach, this book examines the current features and challenges of the EU budget. It provides historical, political, legal, and economic analyses, alongside a discussion of its future development. The book will prove timely and relevant for scholars, practitioners and policy makers alike.
Deglobalization 2.0
Trade and Openness During the Great Depression and the Great Recession
Peter A.G. van Bergeijk
Deglobalization 2.0 argues that Trump and Brexit are the symptoms, and not the causes, of a long sequence of alternating phases of globalization and deglobalization driven by increasing income inequality and the retreat from the global stage by a contested hegemon. Providing rich empirical details, Peter van Bergeijk investigates similarities and differences between the Great Depression of the 1930s and the Great Recession and its aftermath of a slowdown in global trade. Providing an overview of recent findings and a discussion of contributions from several disciplines, the book investigates scenarios for the future of the economic world order and proposes possible solutions.