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.
This innovative new volume is unique in bringing together political theory and social theory to produce a synthetic and coherent critique of political economy, both historically and in terms of contemporary developments. The book combines critique, original formulations, and case studies. Part…
Hardback – 2017-04-01
Routledge
Routledge Frontiers of Political Economy
With the unwavering dominance of neoliberal globalisation, the recent collapse of the global financial market, energy and ecological crises, and a growing cohort of so-called ‘failed states’, economic life for many is now characterised more by uncertainty and vulnerability than by connectedness and…
Hardback – 2017-04-01
Routledge
Routledge Frontiers of Political Economy
Hardback – 2017-04-01
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 – 2017-03-22
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 fact, in the last three decades,…
Hardback – 2017-03-01
Routledge
Routledge Frontiers of Political Economy
Rapid and sustained growth in the 21st 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 international…
Hardback – 2017-03-01
Routledge
Routledge Frontiers of Political Economy
Export Credit Agencies provide export credit insurance facilities to reduce the risk of non-payment on trades incurred by domestic export industries through providing loans to foreign governments. Most countries have ECAs that operate as official or quasi-official branches of their governments and…
Hardback – 2017-01-31
Routledge
Routledge Frontiers of Political Economy
Following the internationalization, globalization, 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 – 2017-01-10
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 – 2017-01-07
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 – 2016-12-15
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 costs…
Paperback – 2016-12-12
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 – 2016-12-12
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 – 2016-12-12
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 – 2016-12-07
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 – 2016-12-07
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 – 2016-12-07
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 – 2016-12-05
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 – 2016-12-05
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 – 2016-11-09
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 – 2016-10-31
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 – 2016-10-31
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 – 2016-10-31
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 – 2016-10-31
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 – 2016-10-31
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 – 2016-10-31
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 – 2016-10-31
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 – 2016-10-31
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 – 2016-10-31
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 – 2016-10-31
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 – 2016-10-24
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
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,…
Hardback – 2016-06-02
Routledge
Routledge Frontiers of Political Economy
With the full effects of the Great Recession still unfolding, this collection of essays analyses the gendered economic impacts of the crisis. The volume, from an international set of contributors, argues that gender-differentiated economic roles and responsibilities within households and markets…
Paperback – 2016-05-09
Routledge
Routledge Frontiers of Political Economy
Economic development is full of discontinuities. Mainstream economists perceive these as external disturbances to a natural state of equilibrium, but this book argues that much of the discontinuities are part of economic development, suggesting that patterns can be understood with structural…
Hardback – 2016-05-05
Routledge
Routledge Frontiers of Political Economy
This book provides the basic knowledge of Japanese contributions in political economy and the ongoing research agenda, such as the pursuit of theoretical consistency in Marxian economics by Uno School; the concept of ‘civil society’ as a criterion of existing socio-economic structure; a…
Hardback – 2016-04-25
Routledge
Routledge Frontiers of Political Economy
If the twentieth century was only focused on the complementarity and the opposition of market and state, the twenty-first century has now to deal with the prominence of the third sector, the emergence of social enterprises and other solidarity hybrid forms. The concept of civil society…
Paperback – 2016-04-24
Routledge
Routledge Frontiers of Political Economy
The Progressive Era is generally regarded as a period of extraordinary social, political, and economic change, affecting virtually every aspect of American life. In the last decades of the nineteenth century, American social scientists, drawing on their experiences with the German social welfare…
Paperback – 2016-04-24
Routledge
Routledge Frontiers of Political Economy
How should Europe cope with the negative and still unfolding economic consequences of the current economic crisis? And why does Europe seem to be more conservative than the USA in dealing with the crisis? Since the outbreak of the current international economic crisis in 2008, the USA and many of…
Hardback – 2016-04-18
Routledge
Routledge Frontiers of Political Economy
Hegel’s philosophy has witnessed periods of revival and oblivion, at times considered to be an unrivalled and all-embracing system of thought, but often renounced with no less ardour. This book renews the dialogue with Hegel by looking at his legacy as a source of insight and judgement…
Paperback – 2016-03-03
Routledge
Routledge Frontiers of Political Economy
The intergovernmental fiscal issue is highly relevant given the worldwide movement toward more decentralized governance in both industrial and developing countries. Over the course of five decades Japan has developed a robust system of decentralized governance. This book investigates…
Paperback – 2016-02-28
Routledge
Routledge Frontiers of Political Economy