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Cover Elusive Capital
Elusive Capital
Merchant Networks, Economic Institutions and Business Practices in Late Imperial China

Offering a fresh analysis of late imperial China, this cutting-edge book revisits the roles played by merchant networks, economic institutions, and business practices in the divergence between Europe and China during the trade revolution.

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Monograph Book
Publication Date:
09 Jun 2022
DOI:
https://doi.org/10.4337/9781800889903
Collections:
Economics 2022
Cover A Modern Guide to Post-Keynesian Institutional Economics
A Modern Guide to Post-Keynesian Institutional Economics
This Modern Guide advances Post-Keynesian Institutional economics, an integrative tradition—inspired by keen economic observers such as John Kenneth Galbraith, Joan Robinson, and Hyman Minsky—that bridges Institutional and Post Keynesian economics. The tradition proved its worth by addressing the global financial crisis of 2007–2009, as well as by analyzing long-term trends accompanying the evolution of investor-driven (“money manager”) capitalism, including financialization, spreading worker insecurity, and rising inequality. The book begins with the history and contours of Post-Keynesian Institutionalism, and then breaks new ground, extending recent analyses of contemporary economic problems, sharpening concepts and methods, sketching new theories, and synthesizing ideas across research traditions.
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Monograph Book
Publication Date:
12 Apr 2022
DOI:
https://doi.org/10.4337/9781800885752
Collections:
Economics 2022
Cover The Legal Foundations of Micro-Institutional Performance
The Legal Foundations of Micro-Institutional Performance
A Heterodox Law & Economics Approach
The aim of The Legal Foundations of Micro-Institutional Performance is to introduce the reader to a different way of thinking about economics that will allow them to both understand and apply legal concepts to economic analysis. To this end, it adopts and further develops Wesley Hohfeld’s legal framework of jural (legal) relations as a tool of analysis. This analytical tool, as built into the Legal-Economic Performance framework, provides specific direction in identifying and describing interdependence among economic agents (including rights, duties, liberties and exposure to various acts).
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Monograph Book
Publication Date:
15 Mar 2022
DOI:
https://doi.org/10.4337/9781802204339
Collections:
Economics 2022
Cover Handbook on Social Structure of Accumulation Theory
Handbook on Social Structure of Accumulation Theory
This pioneering Handbook offers a state-of-the-art exploration of the social structure of accumulation theory, a leading theory of stages of capitalism, expertly summarising its development to date. It breaks new ground in several areas, including econometric evidence for the theory and developing institutional analyses of technology and the environment.
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Handbook
Publication Date:
07 Dec 2021
DOI:
https://doi.org/10.4337/9781788975971
Collections:
Economics 2021
Cover Liberal Solidarity
Liberal Solidarity
The Political Economy of Social Democratic Liberalism
The twenty-first century has seen major challenges to freedom and democracy. Authoritarianism is on the rise and democracy is in retreat. Some promote individualism and markets as the solution to almost every problem. On the other side there are those who champion collectivism and full public ownership. Neither side is convincing. Unrestrained capitalism has exacerbated inequality. Socialism in practice has ended democracy. Effective defenders of liberty and human flourishing must find a different course. This book argues for a pragmatic, social democratic liberalism that avoids unrealistic extremes and tackles major problems such as inequality and climate change.
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Monograph Book
Publication Date:
06 Aug 2021
DOI:
https://doi.org/10.4337/9781800882171
Collections:
Economics 2021
Cover Institutions and Economic Development
Institutions and Economic Development

This essential research review carefully analyses some of the most influential papers focusing on the relationship between economic and political institutions and economic development. Economic institutions shape economic incentives, such the incentives to become educated, to save and invest, to innovate and to adopt new technologies. Although economic institutions are critical for determining whether a country is poor or prosperous, it is politics and political institutions that determine which economic institutions are present in a country. This review explores these critical relationships and the causes of economic growth, whilst bringing forth the legal, colonial and financial factors, which contribute to economic discrepancies across countries. The text will be a valuable tool for economic researchers and scholars interested in this important subject.
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Research Reviews
Publication Date:
28 Nov 2019
DOI:
https://doi.org/10.4337/9781788118859
Collections:
Economics 2019
Cover Institutions and Evolution of Capitalism
Institutions and Evolution of Capitalism
Essays in Honour of Geoffrey M. Hodgson
In just over 30 years, Geoff Hodgson has made substantial contributions to institutional economics, evolutionary economics, economic methodology, the history of economic thought and social theory. To mark his seminal work, this volume brings together original contributions by world-leading scholars in specific areas that have played a significant role in influencing his thinking or represent key debates to which he has contributed. Building on some of the most significant philosophical and methodological foundations underlying Hodgson's work, the volume is organised around the recurring themes of institutions, evolution and capitalism.
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Monograph Book
Publication Date:
08 Nov 2019
DOI:
https://doi.org/10.4337/9781785365003
Collections:
Economics 2019
Cover Understanding the Blockchain Economy
Understanding the Blockchain Economy
An Introduction to Institutional Cryptoeconomics
Blockchains are the distributed ledger technology that powers Bitcoin and other cryptocurrencies. But blockchains can be used for more than the transfer of tokens – they are a significant new economic infrastructure. This book offers the first scholarly analysis of the economic nature of blockchains and the shape of the blockchain economy. By applying the institutional economics of Ronald Coase and Oliver Williamson, this book shows how blockchains are poised to reshape the nature of firms, governments, markets, and civil society.
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Monograph Book
Publication Date:
30 Aug 2019
DOI:
https://doi.org/10.4337/9781788975001
Collections:
Economics 2019
Cover The Political Economy of Non-Territorial Exit
The Political Economy of Non-Territorial Exit
Cryptosecession
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.
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Monograph Book
Publication Date:
28 Jun 2019
DOI:
https://doi.org/10.4337/9781788979382
Collections:
Economics 2019
Cover Human Resource Management and Evolutionary Psychology
Human Resource Management and Evolutionary Psychology
Exploring the Biological Foundations of Managing People at Work
Answering pressing questions regarding employee selection and mobbing culture in the workplace, Andrew R. Timming explores the unique intersection of the biological sciences and human resource management.
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Monograph Book
Publication Date:
31 May 2019
DOI:
https://doi.org/10.4337/9781788977913
Collections:
Business 2019