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.
By Laurent Baronian
December 30, 2022
This book renews the Marxian theory of the general equivalent by highlighting the contradiction between the social functions of money (unit of account, means of circulation) and its private functions (store of value, accumulation). It draws a clear distinction between the monetary base from the ...
By Shahzavar Karimzadi
December 30, 2022
In traditional theory of economic crisis, and in all its manifestations, there is no fundamental difference between economic disorder and economic crisis: the two types of economic turmoil are both considered temporary states. This book is a methodical study of deep-seated causes of economic ...
By Patrick Spread
December 29, 2022
For many decades economists have disputed with economic anthropologists over the origins of money. Economists claim that money emerged from barter exchange; anthropologists claim that it originated as a ‘unit of account’ in the temples and palaces of ancient Mesopotamia. This book argues that money...
Edited
By Marcello Musto
December 16, 2022
Over the past few years, Marx’s Capital has received renewed academic and popular attention. This volume is dedicated to the history of the making, the theoretical evaluation, and the analysis of the dissemination and reception of an almost unknown version of Capital: the French translation, ...
By Shahzavar Karimzadi
December 08, 2022
All schools of thought in economics, explicitly or otherwise, have referred to economic disorder as a self-evident fact. They have also unanimously considered it to be a temporary state. By contrast, this book contends that economic disorder is an interminable condition of human existence. From ...
By Alvaro Cencini
November 25, 2022
The aim of Bernard Schmitt’s analysis of the monetary economy of production was twofold: to introduce and to explain the logical character of the macroeconomic laws governing our economies, and to explain the origin of the pathologies that follow if these laws are not complied with. Schmitt’s main ...
By Vangelis Papadimitropoulos
November 24, 2022
Recent years have seen a surge of interest in ‘the commons’ based on a simple yet radical idea: great improvements in production and management could be achieved by reducing barriers to knowledge exchange and power-sharing. Ranging from meadows, forests and parks to language, open source software (...
By Cyrus Bina
November 24, 2022
This book explores America’s decline as a global power, arguing that the implosion of Pax Americana was initiated by the process of globalization, preceding the collapse of the Soviet Union by nearly a decade. The era of Pax Americana, and with it American hegemony, is conclusively passed, and will...
By Muchtar Habibi
November 17, 2022
Small-scale agricultural producers in the peripheral world are often condescendingly assumed to be a single social class (‘the peasantry’) to be pitted against the state or corporation. This book challenges this rather idealistic view by demonstrating that under current capitalist social relations ...
Edited
By Mikael Randrup Byrialsen, Hamid Raza, Finn Olesen
October 27, 2022
Demonstrating that there are (superior) alternatives to the modern macroeconomic mainstream and its DSGE models, this book presents the cutting edge of in macroeconomic modelling, economic policy, and methodology from the perspective of heterodox economic thinking. The first part of the book ...
Edited
By Rahul Nath Choudhury
September 30, 2022
The USA and China, the world’s largest economic powers, have been engaging in trade war since January 2018. The impact of this trade war is felt not only by US and China but also by other economies who have economic ties with them. This book provides insights into damages caused by this trade war....
By Rebecca Ellis
September 14, 2022
Capitalist agriculture relies heavily on the pollination work of bees, but this system harms bees in innumerable ways. Indeed, human agriculture is one of the main culprits for the declining populations of wild bees and the declining health of honeybees. This book presents a political ecology of ...
