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 Daniil Frolov
December 19, 2023
Modern institutional economics was created to study the institutions of pre-digital economies and is based on reductionist approaches. But digital capitalism is producing institutions of unprecedented complexity. This book argues therefore that not only the economic institutions themselves but also...
By Helena Lopes, Christophe Clerc
December 12, 2023
An alternative theory of the firm is needed that helps better understand the nature and actual functioning of firms as well as the challenges raised by digital platform firms. In defining firms as economic collective ventures organised by political means, this book offers a “political economy” ...
Edited
By István Benczes
December 05, 2023
Providing a comparative analysis of Central and Eastern European economies, this book explores the economic impacts of populism in those countries in the region which have seen some form of populist rule. Populism has been thriving in the new member states of the EU ever since the outburst of the ...
Edited
By Eurydice Fotopoulou, Ariane Agunsoye, Thoralf Dassler, Jonathan Mulberg
December 05, 2023
From the financial crash to the climate emergency and Covid, this book demonstrates that recent crises have had unequal impacts, that they require a heterodox approach to economics for their understanding, and new ways of thinking are needed to address them. Drawing on a variety of heterodox and ...
By Diego Ayala
December 05, 2023
In the 1950s and 60s, Spain underwent one of the most rapid processes of economic development the world had ever seen. Most existing analyses of these process explain the “Spanish Miracle” as a product of the unleashing of market forces and of changes in economic policy made by the Franco regime in...
By Tony Aspromourgos
December 01, 2023
This book focuses on the interrelationship between nature and the human economy. Building upon his decades of research into classical and Keynesian economics, Tony Aspromourgos here turns his attention to the interrelationship between nature and the human economy. The result is a tightly argued, ...
Edited
By Caroline Moraes, Morven G. McEachern, Deirdre O'Loughlin
November 30, 2023
Poverty is a complex global challenge rooted in intertwined social, economic and political factors, which excludes people from participating fully in normalised social and market-based activities. The COVID-19 pandemic has exacerbated poverty-related issues such as food insecurity, and growing ...
By Taner Akan, Halil İbrahim Gündüz
November 25, 2023
This book introduces a new and original analytic approach to defining, understanding, and explaining financialization. It provides a precise and quantifiable definition of financialization, disaggregating financialization into its three varieties: financial development, economic growth, and income ...
By Alessandro Romagnoli
November 17, 2023
This book is about the economy rather than economics. It explores the structures, inner workings and problems of modern economies, showing how the organisations and networks that shape the structure of the economy are arranged to provide society with goods and services. At the centre of the ...
By Jae Myong KOH
November 03, 2023
With growing economic inequality and threats to the sustainability of human societies, Koh argues that cooperatives can play an important role in promoting decent work and reducing economic inequality in the twenty-first century and thus urges policy makers to reignite policy discussions on ...
By Victor A. Beker
November 03, 2023
After the Great Financial Crisis, economic theory was fiercely criticized from both outside and inside the discipline for being incapable of explaining a crisis of such magnitude. Slowly but persistently, new strands of economic thought are developing, to replace the old-fashioned neoclassical ...
By Fikret Čaušević
October 20, 2023
One of the most challenging issues for the current state of global economy is a highly uneven distribution of global financial assets and liabilities. Drawing on extensive data, this book analyses the new global divisions in economic and financial inequality across the globe in the first two ...