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.
For over 2000 years, economics was studied in the West as a branch of ethics, or moral philosophy. Presently, though, few economists and no textbook in economic orthodoxy claim any close connection between economic science and philosophy. However, might the current ‘crises’ in economics, and in the…
Hardback – 2017-09-26
Routledge
Routledge Frontiers of Political Economy
The theory of costs is a cornerstone of economic thinking, and it plays a vital role in the study of human action and society. From the first day of a principles-level course to the most advanced academic literature, costs play a vital role in virtually all behaviors and economic outcomes. How we…
Hardback – 2017-09-08
Routledge
Routledge Frontiers of Political Economy
The neo-Weberian state constitutes an attempt to combine the Weberian model of administration with the principles laid down during the retreat from the bureaucratic management paradigm (new public management and public governance). The concept of neo-Weberian state involves changing the model of…
Hardback – 2017-08-25
Routledge
Routledge Frontiers of Political Economy
The ‘new sharing economy’ is a growing phenomenon across the Global North. It claims to transform relationships of production and consumption in a way that can improve our lives, reduce environmental impacts, and reduce the cost of living. Amidst various economic, environmental, and other crises,…
Hardback – 2017-08-22
Routledge
Routledge Frontiers of Political Economy
Since the early 20th century, economics has been the dominant discourse in English-speaking countries, displacing Christian theology from its previous position of authority. This path-breaking book is a major contribution to the interdisciplinary dialogue between economics and religion. Oslington…
Hardback – 2017-08-03
Routledge
Routledge Frontiers of Political Economy
Neoliberalism has been one of the most hotly contested themes in academic and political debate over the last 30 years. Given the global and persistent influence of neoliberal ideas on contemporary styles of governance, social-service provision, and public policy, this intensive interest is…
Hardback – 2017-06-29
Routledge
Routledge Frontiers of Political Economy
There is evidence that economic fraud has, in recent years, become routine activity in the economies of both high- and low-income countries. Many business sectors in today's global economy are rife with economic crime. Neoliberalism and the Moral Economy of Fraud shows how neoliberal policies,…
Paperback – 2017-06-16
Routledge
Routledge Frontiers of Political Economy
The financialization, globalization and industrialization of our food systems make it increasingly difficult to access quality fresh food. In fact, the industrialized global food system is creating products that are less food-like, engendering growing questions about the health and safety of our…
Paperback – 2017-06-16
Routledge
Routledge Frontiers of Political Economy
In this age of overlapping and mutually reinforcing deep global crises (financial convulsions, global warming, mass migrations, militarism, inequality, selfish nation-states, etc.), there needs to be more realistic dialogue about radical alternatives to the status quo. Most literature produced…
Hardback – 2017-06-09
Routledge
Routledge Frontiers of Political Economy
Money is usually understood as a valuable object, the value of which is attributed to it by its users and which other users recognize. It serves to link disparate institutions, providing a disguised whole and prime tool for the “invisible hand” of the market. This book offers an interpretation of…
Hardback – 2017-06-08
Routledge
Routledge Frontiers of Political Economy
Most economic theory assumes a pure capitalism of perfect competition. Even when it is recognized that this does not exist, many politicians and captains of industry pay a great deal of lip service to the idea of the market. This book goes beyond the rhetoric to explore how, even in the United…
Paperback – 2017-04-13
Routledge
Routledge Frontiers of Political Economy
There are many different forms of rationality. In current economic discourse the main focus is on instrumental rationality and optimizing, while organization scholars, behavioural economists and policy scientists focus more on bounded rationality and satisficing. The interplay with value…
Hardback – 2017-03-15
Routledge
Routledge Frontiers of Political Economy
Recently, the issue of inequality has regained attention in the economic and political debate. This is due to both an increase in income inequality, in particular among rich countries, and an increasing interest in this issue by researchers and politicians. In the last three decades, income…
Hardback – 2017-03-14
Routledge
Routledge Frontiers of Political Economy
Rapid and sustained growth in the twenty-first-century global economy of large developing economies including Brazil, Russia, India, China, and South Africa, has captivated policy-makers and popular business press pundits alike. The coining of the new acronym BRICS and widespread adoption in…
Hardback – 2017-03-14
Routledge
Routledge Frontiers of Political Economy
The doctrine of "free trade" is second only to that of "free markets" in undergirding ideological support for our current global economic structures and rules. From David Ricardo’s "comparative advantage principle" to James Meade’s Neoclassical or mainstream economics proof of self-adjusting free…
Hardback – 2017-03-06
Routledge
Routledge Frontiers of Political Economy
The most prominent aspect of the current financial crisis is its systemic character which manifests itself in high levels of inequality, rampant unemployment, economic and social insecurity and environmental decay. This book explores the potential of a pluralistic and interdisciplinary approach for…
Paperback – 2017-01-27
Routledge
Routledge Frontiers of Political Economy
Export Credit Agencies provide insurance and guarantees to domestic firms in the event that payment is not received from an importer. Thus, ECAs reduce uncertainties domestic firms face in exporting their goods. Most countries have ECAs that operate as official or quasi-official branches of their…
Hardback – 2017-01-19
Routledge
Routledge Frontiers of Political Economy
The consequences of the global economic crisis which started in the United States in 2007-08 are still being felt in most of the advanced economies, and the mainstream tools of recovery are not having the required results. It seems that many of the after-effects of the crisis, including the…
Paperback – 2017-01-04
Routledge
Routledge Frontiers of Political Economy
Marx claims that unselfishness is a child of (workplace) culture, whereas the gene is selfish. If Marx is right then the prerequisite for overthrowing capitalism is a system which both leverages selfishness and creates solidarity between workers. This book illustrates and discusses the major points…
Hardback – 2016-12-13
Routledge
Routledge Frontiers of Political Economy
Following the internationalisation, globalisation and deregulation of the financial market over the last few decades, the financial sector has evolved from a servicing industry into an initiating and leading sector in the international industrialised economy. The power of the financial sector,…
Hardback – 2016-12-09
Routledge
Routledge Frontiers of Political Economy
Most economic theory is based on the assumption that economies grow in a linear fashion. Recessions, depressions and (financial) crises are explained by policy mistakes. However, economic development has historically been uneven, and this state of affairs continues today. This book argues that…
Paperback – 2016-12-09
Routledge
Routledge Frontiers of Political Economy
This book presents the first full-length explanation in English of Heinsohn and Steiger's groundbreaking theory of money and interest, which emphasizes the role played by private property rights. Ownership economics gives an alternative explanation of money and interest, proposing that operations…
Paperback – 2016-12-09
Routledge
Routledge Frontiers of Political Economy
From the mid-1980s, investors in the US increasingly directed capital towards the financial sector at the expense of non-financial sectors, lured by the perception of higher profits. This flow of capital inflated asset prices, creating the stock market and housing bubbles which burst when the…
Paperback – 2016-12-09
Routledge
Routledge Frontiers of Political Economy
Support-Bargaining, Economics and Society links support-bargaining to Darwin's theory of natural selection and traces the implications of support-bargaining and money-bargaining across society. It provides a wholly different account of the functioning of human societies from anything that has gone…
Paperback – 2016-12-09
Routledge
Routledge Frontiers of Political Economy
The intellectual trajectory of Gunnar Myrdal, Swedish Nobel Laureate economist, sociologist, and politician, brings us through many of the major issues in the world economy and politics of the 20th century. This new volume explores Myrdal's work on three major themes: breaking away from…
Paperback – 2016-12-09
Routledge
Routledge Frontiers of Political Economy
Any economics that does not deal forthrightly with economic inequality is no longer suitable for the twenty-first century. Similarly, any economics which does not provide a coherent way to integrate environmental sustainability into economic analysis will fail to command allegiance in the century…
Hardback – 2016-12-05
Routledge
Routledge Frontiers of Political Economy
This book deals with the current crises from a somewhat different the usual perspectives. It claims that causes and policy implications of these crises cannot be properly assessed by focusing on allocative efficiency or income growth alone; it requires a more general approach, based on social…
Paperback – 2016-12-05
Routledge
Routledge Frontiers of Political Economy
The capability approach has developed significantly since Amartya Sen was awarded the Nobel Prize in Economics in 1998. It is now recognised as being highly beneficial in the analysis of poverty and inequality, but also in the redefinition of policies aimed at improving the well-being of…
Paperback – 2016-11-30
Routledge
Routledge Frontiers of Political Economy
The financial crash of 2007-2008 and the subsequent global economic crisis have raised questions about the viability of capitalism and the desirability of alternative types of economic system. In this context, Keynesian and Marxist ideas in particular have become more popular. These two approaches,…
Paperback – 2016-11-30
Routledge
Routledge Frontiers of Political Economy
The nature of the contemporary global political economy and the significance of the current crisis are a matter of wide-ranging intellectual and political debate, which has contributed to a revival of interest in Marx’s critique of political economy. This book interrogates such a critique within…
Paperback – 2016-11-25
Routledge
Routledge Frontiers of Political Economy
The Creation of Wealth and Poverty is a study of the means and ways by which wealth and poverty are created in both developed and developing countries. It puts a particular emphasis on the role played by economic policy in shaping the stratification of modern societies through specific programmes…
Hardback – 2016-11-24
Routledge
Routledge Frontiers of Political Economy
This book provides a theoretical framework to better understand how firms, economies and labor markets have evolved. This is done in a reader-friendly fashion, without complex mathematical arguments and proofs. Economic Growth and the High Wage Economy shows how high wage economies help make firms…
Paperback – 2016-11-11
Routledge
Routledge Frontiers of Political Economy
Is Economics an ‘objective’ or ‘positive’ science, independent of ethical and political positions? The financial crisis that began in 2007 gave rise to renewed doubts regarding the ‘objectivity’ of economics and brought into the public arena a debate that was previously confined to academia. A…
Paperback – 2016-11-11
Routledge
Routledge Frontiers of Political Economy
The Future of Capitalism After the Financial Crisis: The Varieties of Capitalism Debate in the Age of Austerity contains thirteen world leading political economists writing from within eight different countries who critically analyze the current crisis tendencies of capitalism both globally and in…
Paperback – 2016-11-11
Routledge
Routledge Frontiers of Political Economy
The recent financial crisis exposed both a naïve faith in mathematical models to manage risk and a crude culture of greed that embraces risk. This book explores cultures of finance in sites such as corporate governance, hedge funds, central banks, the City of London and Wall Street, and small and…
Paperback – 2016-11-11
Routledge
Routledge Frontiers of Political Economy
The financial crisis – originated in 2008 in the United States – had a dramatic impact on the world economy. The European Union was immediately involved, but its reaction to the crisis was clearly inadequate. The misgovernment of the European economy not only put at risk the European Monetary Union…
Paperback – 2016-11-11
Routledge
Routledge Frontiers of Political Economy
Despite the depth of the Greek crisis, the exorbitant burdens placed upon the working people and the massive popular resistance movement to capitalist policies, there is a definite lack of consistently Marxist analyses of the Greek problem. International debates regarding the Greek crisis have been…
Paperback – 2016-11-11
Routledge
Routledge Frontiers of Political Economy
It is becoming increasingly clear that a new economics is required for investigating modern dynamic economies and the coming social world. Important features of those economies, such as innovation, uncertainty and entrepreneurship, are usually considered capitalist features. This may have been true…
Hardback – 2016-10-18
Routledge
Routledge Frontiers of Political Economy
The Principle of Large Numbers indicates that macro fluctuations have weak microfoundations; persistent business cycles and interrupted technologies can be better characterized by macro vitality and meso foundations. Economic growth is limited by market extent and ecological constraints. The…
Paperback – 2016-09-29
Routledge
Routledge Frontiers of Political Economy
Researchers are expected to produce original findings, yet nobody explains how original contributions are conceived in economics. Recently there have been calls for more creativity in economic research, yet there is no literature that explores creative research apart from collections of…
Hardback – 2016-09-19
Routledge
Routledge Frontiers of Political Economy
Nearly two hundred years have passed since the birth of Karl Marx and continuing to this day the influence of his economic views, insights and theories can still be felt. However, since the publication of Das Kapital, the scientific community has not been sitting idle – it is time to evaluate Marx…
Hardback – 2016-09-15
Routledge
Routledge Frontiers of Political Economy
Quantum Macroeconomics presents a new paradigm in macroeconomic analysis initiated by Bernard Schmitt. It explains the historical origin, the analytical contents, and the actual relevance of this new paradigm, with respect to current major economic issues at national and international level. These…
Hardback – 2016-09-13
Routledge
Routledge Frontiers of Political Economy
Despite numerous books on research methodology, many have failed to present a complete, hands-on, practical book to lead college classes or individuals through the research process. We are seeing more and more scientific papers from all research fields that fail to meet the basic criteria in terms…
Hardback – 2016-09-08
Routledge
Routledge Frontiers of Political Economy
International migration has been described as one of the defining issues of the twenty-first century. While a lot is known about the complex nature of migratory flows, surprisingly little attention has been given to one of the most prominent responses by governments to human mobility: the practice…
Hardback – 2016-08-15
Routledge
Routledge Frontiers of Political Economy
The fields of morality and ethics have been left out significantly from socio-scientific study in general and in economics and finance in particular. Yet this book argues that in this age of post-modernist analytical inquiry, the study of morality and ethics is an epistemological requirement. This…
Hardback – 2016-08-02
Routledge
Routledge Frontiers of Political Economy
The recent economic events driven by the great financial crisis of 2007-08 has challenged some "dogma", highlighting various limits and drawbacks of current paradigms. The crisis showed the limitations of monetary policy and led to a revaluation of what levels of public debt can be considered safe.…
Hardback – 2016-07-13
Routledge
Routledge Frontiers of Political Economy
Utility-based theory and the fallback choice-theoretic framework are shown to be biased, irremediably flawed and misleading. A radically different theory of value and of consumer behaviour is proposed based on existential interpretations of scarcity, value and self-interest. For self-conscious…
Paperback – 2016-06-20
Routledge
Routledge Frontiers of Political Economy
The European economic crisis has been ongoing since 2008 and while austerity has spread over the continent, it has failed to revive economies. The media have played an important ideological role in presenting the policies of economic and political elites in a favourable light, even if the latter’s…
Paperback – 2016-06-20
Routledge
Routledge Frontiers of Political Economy
The history of European economic thought has long been written by those seeking to prove or disprove the truth-value of the theories they describe. This work takes a different approach. It explores the philosophical groundwork of the theoretical structure within which economic subjects are…
Paperback – 2016-06-20
Routledge
Routledge Frontiers of Political Economy
In the economic debate, power is defined and studied mainly as an interpersonal relation occurring out of perfect competition. This is a consequence of the combination of methodological individualism and the assumption of competition as a natural and everlasting coordinating mechanism, operating…
Hardback – 2016-06-03
Routledge
Routledge Frontiers of Political Economy