Advancing the Frontiers of Heterodox Economics: Essays in Honor of Frederic S. Lee, 1st Edition (Hardback) book cover

Advancing the Frontiers of Heterodox Economics

Essays in Honor of Frederic S. Lee, 1st Edition

Edited by Tae-Hee Jo, Zdravka Todorova


358 pages | 20 B/W Illus.

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pub: 2015-08-06
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This collection of essays honors the life and work of one of the most prominent and fervent heterodox economists, Frederic S. Lee, who has been at the heart of the heterodox economics movements for the past three decades. Authors in this book demonstrate that heterodox economic has transcended the criticism of mainstream economics and, more importantly, that constructive developments are in the making by way of cross-communications among various heterodox economics traditions.

Frederic S. Lee’s contributions to heterodox economics are centered on three themes: the making of a history and identity of heterodox economics, heterodox microeconomics, and the heterodox analysis of social provisioning. Part I addresses the importance of history, theory, research methods, and institutions in the making of the identity of heterodox economics as an alternative to mainstream economics. Part II delves into heterodox microeconomic theories—in particular, investment, pricing, competition, markets, and market governance—as foundations of heterodox macroeconomic analyses. Part III expands the analysis of the capitalist social provisioning process with an emphasis on its subsystems and their relationships over historical time. Part IV encapsulates the life and work of Frederic S. Lee.

Throughout his intellectual life Frederic S. Lee has shown to many that the development of heterodox economics is rendered possible by unselfish and ceaseless efforts to build both theory and institutions. Essays in this book attest that establishing an alternative critical theory to the status quo is not only possible but also serviceable to the majority of the population.

Table of Contents

1.Heterodox economics and the history of economic thought Carlo D’lppoliti and Alessandro Roncaglia 2. The Association for Heterodox Economics: past, present, and future Andrew Mearman and Bruce Philp 3. Heterodox economics, distribution and the class struggle Bruce Philp and Andrew Trigg 4. Qualitative data and grounded theory in heterodox economic research: insights from three Australian studies Therese Jefferson 5. Heterodox microeconomics and heterodox microfoundations Tae-Hee Jo 6. Beyond foundations: systemism in economic thinking Jakob Kapeller 7. Post Keynesian investment and pricing theory: contributions of Alfred S. Eichner and Frederic S. Lee Ruslan Dzarasov 8. Effects of competition upon profit margins from a Post Keynesian perspective Jordan Melmiès 9. Inter- and intra-firm governance in heterodox microeconomics: the case of the US software industry Erik Dean 10. Analyzing actually-existing markets Lynne Chester 11. Advancing heterodox economics in the tradition of the surplus approach Nuno Martins 12. Consumption in the context of social provisioning and capitalism: beyond consumer choice and aggregates Zdravka Todorova 13. Social provisioning process, market instability, and managed competition Tuna Baskoy 14. The embedded state and social provisioning: insights from Norbert Elias Bruno Tinel 15. Analogies we suffer by: the case of the state as a household Huáscar Pessali, Fabiano Dalto, and Ramón García Fernández 16. Technological-institutional foundations of the social economy: a framework for the analysis of change in the social provisioning process Henning Shwardt 17. Predestined to heterodoxy or how I became a heterodox economist Frederic S. Lee 18. Frederic Sterling Lee (1949-2014) John E. King 19. In memoriam: Frederic S. Lee, 1949-2014 Jan A. Kregel and L. Randall Wray 20. The Bibliography of Frederic S. Lee’s Writings

About the Editors

Tae-Hee Jo is Associate Professor of Economics at the State University of New York, Buffalo State, USA.

Zdravka Todorova is an Associate Professor of Economics at Wright State University, USA.

About the Series

Routledge Advances in Heterodox Economics

Over the past two decades, the intellectual agendas of heterodox economists have taken a decidedly pluralist turn.  Leading thinkers have begun to move beyond the established paradigms of Austrian, feminist, Institutional-evolutionary, Marxian, Post Keynesian, radical, social, and Sraffian economics—opening up new lines of analysis, criticism, and dialogue among dissenting schools of thought.  This cross-fertilization of ideas is creating a new generation of scholarship in which novel combinations of heterodox ideas are being brought to bear on important contemporary and historical problems.

Routledge Advances in Heterodox Economics aims to promote this new scholarship by publishing innovative books in heterodox economic theory, policy, philosophy, intellectual history, institutional history, and pedagogy.  Syntheses or critical engagement of two or more heterodox traditions are especially encouraged.

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Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Economics / General
BUSINESS & ECONOMICS / Economics / Theory