Alternative Approaches to Economic Theory: Complexity, Post Keynesian and Ecological Economics, 1st Edition (e-Book) book cover

Alternative Approaches to Economic Theory

Complexity, Post Keynesian and Ecological Economics, 1st Edition

Edited by Victor A. Beker

Routledge

234 pages | 30 B/W Illus.

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Description

The 2007–2008 financial crisis exposed the shortcomings of mainstream economic theory with economists unprepared to deal with it. In the face of this, a major rethinking of economics seems necessary and in presenting alternative approaches to economic theory, this book contributes to the rebuilding of the discipline.

This volume brings together contributions from different perspectives and theoretical approaches that address the challenge of updating the economic theory corpus and seek to recover prestige for this discipline after the failure of neoclassical economics. It addresses a range of topics, including the complexity approach to economics, category theory, the Post-Keynesian approach to micro and macroeconomics, financialisation, multidimensional analysis and ecological economics.

The book is aimed at economics scholars, researchers, academics and practitioners, as well as upper undergraduates and graduates in this area of knowledge. It may also be of interest for people interested in methodological issues in economics and the relationship between economic theory and the real world.

Table of Contents

Acknowledgements

List of Figures

Foreword

Note on contributors

Introduction

1. Complexity and Economics, Victor A. Beker

2. From Complexity Science to Complexity Economics, Ping Chen

3. Categorical Economic Theory, Fernando Tohme and Marcelo Auday

4. Microeconomics: Is There a Post Keynesian Alternative?, Jordan Melmiès

5. Microeconomics in a complex social world, Michel Zouboulakis

6. Teaching macroeconomics after the crisis, Irene van Staveren

7. Asymmetric price adjustment and other issues in Keynesian macroeconomics, Victor A. Beker

8. Understanding Financialization: Standing on the Shoulders of Minsky, Charles Whale

9. Ecological Economics: Redefining economics for democracy and sustainability, Peter Söderbaum

Conclusions

Index

About the Editor

Victor A. Beker is Professor of Economics at the University of Belgrano and the University of Buenos Aires, Argentina. He has been Director of the Economics Department at the University of Belgrano and of the Economics Programme at the University of Buenos Aires and has received several prizes for his work in economics.

About the Series

Routledge Frontiers of Political Economy

In recent years, there has been widespread criticism of mainstream economics. This has taken many forms, from methodological critiques of its excessive formalism, to concern about its failure to connect with many of the most pressing social issues. This series provides a forum for research which is developing alternative forms of economic analysis. Reclaiming the traditional 'political economy' title, it refrains from emphasising any single school of thought, but instead attempts to foster greater diversity within economics.

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Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS069000
BUSINESS & ECONOMICS / Economics / General