This volume offers an original perspective on the questions the great economists have asked and looks at their significance for todays world. Written in a provocative and accessible style, it examines how the diverse traditions of political economy have conceptualised economic issues, events and theory. Going beyond the orthodoxies of mainstream economics it shows the relevance of political economy to the debates on the economic meaning of our times.
Reconstructing Political Economy is a timely and thought-provoking contribution to a political economy for our time. In this light it offers fresh insights into such issues as modern theories of growth, the historic relations between state and market and the significance of globalisation for modern societies.
'This is a stirring and critical account of the evolution of economic thought during the last two and a half centuries...remarkably readable, amply documented, containing a vast literature of circa 800 references, all in a style that is highly critical without being unjustly provocative.' - History of Economic Ideas
He presents some interesting speculation on the new economics to which a new economic situation may lead. He surveys the history of economic thought in a manner that contrasts refreshingly with conventional treatments. - David R. Andrews, Cazenovia College, USA for the Review of Radical Political Economics