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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.
Luigi Pasinetti
January 01, 2021
A prominent member of the second generation of Cambridge Keynesians, Luigi Pasinetti has been a key player in the development of neo-Ricardian economics as well. Having studied under Piero Sraffa at Cambridge, he developed a mathematical representation of Ricardo's theory of value and distribution,...
Piet de Vries
January 01, 2021
New Institutional Economics is increasingly involved in questioning the basic assumptions of economic theory but rather than being a homogenous field it encompasses a particularly broad domain of theories which vary in approach, research object, and methodology. In particular the concept of...
Roberto Burlando
January 01, 2021
The collapse of the current system has been caused by the progressive degeneration of many of our democratic institutions and ideals and only a regeneration of them can change the course of events. But this is not an easy task and a first necessary step in this direction is a change in the approach...
Alessandro Romagnoli
January 01, 2021
Jane Du
January 01, 2021
China’s agricultural reform has veered between different goals with a variety of policy instruments employed, resulting in the creation of a complex of market institutions and a cyclical growth pattern. The existing literature usually focuses on the decisive role of economic institutions in these...
Tiago Cardao-Pito
December 31, 2020
The dominant economic explanations of the twentieth century are not comprehensive enough to describe the complexity of economy and society, and their reliance on the biosphere. Intangible Flow Theory in Economics: Human Participation in Economic and Societal Production outlines a new theory which...
Khalid Mir
December 18, 2020
This book takes a multi-disciplinary critique of economics’ first principles: the fundamental and inter-related structuring assumptions that underlie the neo-classical paradigm. These assumptions, that economic agents are rational, self-interested individuals, continue to influence the teaching of...
Grant Duncan
December 18, 2020
Trust has been the subject of empirical and theoretical inquiry in a range of disciplines, including sociology, economics, psychology, philosophy, public policy and political theory. The book approaches trust from a multi-disciplinary scope of inquiry. It explains why most existing...
Pedro M. Rey-Araújo
November 27, 2020
Capitalism, Institutions and Social Orders develops a novel political economy approach by establishing a dialogue between the Social Structures of Accumulation (SSA) theory and Ernesto Laclau’s post-Marxism theory. Using this synthesis, it provides an in-depth analysis of Spain’s recent...
Gavin Poynter
November 26, 2020
Both the exponents and critics of neoliberalism assert the dominance of market forces in western nations. The Political Economy of State Intervention calls this into question. Through a re-examination of state intervention in the USA and Britain over the course of the "long depression" (1970-to...
Jens Maesse, Stephan Pühringer, Thierry Rossier, Pierre Benz
November 19, 2020
Economists occupy leading positions in many different sectors including central and private banks, multinational corporations, the state and the media, as well as serving as policy consultants on everything from health to the environment and security. Power and Influence of Economists explores the...
Kurt von Seekamm Jr.
November 19, 2020
Rent-Seeking and Human Capital: How the Hunt for Rents is Changing our Economic and Political Landscape explores the debates around rent seeking and contextualizes it within the capitalist economy. It is vital that the field of economics does a better job of analyzing and making policy...