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.
Economics, Science and Capitalism
The Political Economy of Transnational Governance China and Southeast Asia in the 21st Century
Economic Ideas, Policy and National Culture A Comparison of Three Market Economies
Financialization of the Economy, Business, and Household Inequality in the United States A Historical–Institutional Balance-Sheet Approach
The International Political Economy of the Renminbi Currency Internationalization and Reactive Currency Statecraft
Political Economy of Contemporary Italy The Economic Crisis and State Intervention
Capitalism, Development and Empowerment of Labour A Heterodox Political Economy
By Enrico Bellino
January 24, 2022
This book investigates the relationship between wages, profits, values and labour employment from a classical-Keynesian perspective. The starting point of this approach is classical political economy (in particular, Smith, Ricardo and Marx), suitably reformulated in modern terms by Sraffa, and then...
By Richard Westra
December 20, 2021
Various strains of heterodox economics have sought, and largely failed, to dismount orthodoxy from its dominant position. This book critiques the criticizers, explaining why heterodox economics challenges have faltered, and then presents a coherent alternative paradigm of its own. This ...
By Hong Liu
November 30, 2021
The past two decades have witnessed far-reaching socio-economic and political changes in Asia, such as the growing intra-regional flows of capital, people, and knowledge, the rise of China as the world’s second largest economy and its increasing influence in Southeast Asia, intensified US-China ...
By Jeremy Garlick
November 29, 2021
There has been a great deal of speculation and prognostication about the China-Pakistan Economic Corridor (CPEC). The project’s name suggests it is intended to be an ‘economic corridor’ connecting Pakistan overland with China’s Xinjiang province. This book examines whether CPEC’s primary purpose is...
Edited By Eelke de Jong
November 18, 2021
All human beings develop a certain view on the world, and individuals belonging to the same national cultures are likely to develop very similar views with one another. In this same manner, academic economists and policymakers are consistently exposed to the same view on the preferred way of ...
By Kurt Mettenheim, Olivier Butzbach
November 18, 2021
This volume on the political and social economy of financialization in the US focuses on the unexpected consequences of the rise of finance for the American macroeconomy, the financialization of household inequality, and the hollowing out of nonfinancial business enterprises. A ...
By Hyoung-kyu Chey
November 11, 2021
Although the internationalization of the Chinese renminbi is an important international political event, most of the studies of it place their analytical focuses largely just on China itself, the issuer of the currency. In contrast, this book addresses the question of how foreign states have ...
By Kurt Mettenheim
September 23, 2021
Combining balance sheet analysis with historical institutional analysis, this book traces the evolution of social sector financial balance sheets in the US from 1960 to 2018. This innovative historical-institutional approach, ranging from the micro level of households to the macro level of the ...
By Rogene A. Buchholz
September 21, 2021
Capitalist societies need to undergo major change to provide for the material needs of all the people who work within the system, not just the 1 percent. They have become dysfunctional and need a different kind of orientation to continue in existence. Instead of creating wealth, which is what they ...
By Nicolò Giangrande
September 17, 2021
Drawing on Kaleckian and Kaldorian approaches, Political Economy of Contemporary Italy: The Economic Crisis and State Intervention explores the reasons behind the stagnation of the Italian economy from the 1970s, and suggests policy solutions to ease the crisis. The central thesis of the book is ...
By Hartmut Elsenhans
September 09, 2021
The dominant neoliberal approach presents politics and political economy as nuisances which disturb the smooth operation of self-regulating markets. But political economy is not merely an academic issue – it is a class issue, and this book forcefully argues that political economy should return to a...
By Fabio D'Orlando, Francesco Ferrante, Albertina Oliverio
September 02, 2021
Technological progress and globalization have generated indisputable benefits, but also relevant costs, such as growing economic inequality, economic fluctuations, and financial instability. Mainstream economics has usually considered these costs as temporary, evenly distributed, and more than ...