Heterodox Economics

Author : Andrew Mearman
Publisher : Routledge
ISBN 13 : 1351744003
Total Pages : 677 pages
Book Rating : 4.03/5 ( download)

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Download or read book What is Heterodox Economics? written by Andrew Mearman and published by Routledge. This book was released on 2019-04-17 with total page 677 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the Global Financial Crisis, economics has been under greater public scrutiny, revealing a crisis in the discipline. This represented a potential turning point on how economics should be thought and taught. Heterodox economics has played a prominent role in these discussions revolving around new economics thinking and pluralism in economics. Yet, its identity, aspirations, and pedagogy remain underexplored, contested, and somewhat opaque. This volume brings together sixteen interviews with leading economists to understand what heterodox economics is. How and why does an economist become heterodox? In which way do heterodox economists see themselves as ‘different’ from mainstream economics? The interviews shed light on what problems heterodox economists perceive in the mainstream; elucidate the different contexts under which they operate in higher education; and provide insights on their ontology and methodology. The reader will also find answers to the following questions about the nature and state of heterodox economics: Do heterodox economists have particular intellectual journeys, motives and aspirations? Is this reflected in their teaching practices and strategies to achieve social change? What is the relation between heterodox economics and the humanities and arts? Appealing to a diverse audience, including philosophers, sociologists and historians of economic thought, the book will be of great interest to anyone keen to find out more about the internal discussions in the economics discipline.

Author : Frederic S. Lee
Publisher :
ISBN 13 : 0415777143
Total Pages : 354 pages
Book Rating : 4.48/5 ( download)

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Download or read book A History of Heterodox Economics written by Frederic S. Lee and published by . This book was released on 2009 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considers "Post-Keynesian-Srafian, Marxist-radical, Institutional-evolutionary, social, feminist, Austrian, and ecological economics" and its institutional history.

Author : Tae-Hee Jo
Publisher : Routledge
ISBN 13 : 1317480295
Total Pages : 550 pages
Book Rating : 4.97/5 ( download)

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Download or read book The Routledge Handbook of Heterodox Economics written by Tae-Hee Jo and published by Routledge. This book was released on 2017-07-28 with total page 550 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Routledge Handbook of Heterodox Economics presents a comprehensive overview of the latest work on economic theory and policy from a ‘pluralistic’ heterodox perspective. Contributions throughout the Handbook explore different theoretical perspectives including: Marxian-radical political economics; Post Keynesian-Sraffian economics; institutionalist-evolutionary economics; feminist economics; social economics; Régulation theory; the Social Structure of Accumulation approach; and ecological economics. They explain the structural properties and dynamics of capitalism, as well as propose economic and social policies for the benefit of the majority of the population. This book aims, firstly, to provide realistic and coherent theoretical frameworks to understand the capitalist economy in a constructive and forward-looking manner. Secondly, it delineates the future directions, as well as the current state, of heterodox economics, and then provides both ‘heat and light’ on controversial issues, drawing out the commonalities and differences among different heterodox economic approaches. The volume also envisions transformative economic and social policies for the majority of the population and explains why economics is, and should be treated as, a social science. This Handbook will be of compelling interest to those, including students, who wish to learn about alternative economic theories and policies that are rarely found in conventional economics textbooks or discussed in the mainstream media, and to critical economists and other social scientists who are concerned with analyzing pressing socio-economic issues.

Author : Arturo Hermann
Publisher : Routledge
ISBN 13 : 1000199495
Total Pages : 308 pages
Book Rating : 4.99/5 ( download)

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Download or read book Contemporary Issues in Heterodox Economics written by Arturo Hermann and published by Routledge. This book was released on 2020-10-07 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Heterodox economics can provide a more complete and robust explanation of economic realities than orthodox (or mainstream) economics. Contemporary Issues in Heterodox Economics: Implications for Theory and Policy Action argues that this greater explanatory power gives heterodox economics the ability to illuminate appropriate policy for the major crises of our time, as well as proffer the basis for a more rounded, pluralist approach to economic theory. The chapters in this wide-ranging volume address some of the key issues facing the global economy, including the growing disparity of income/wealth between persons and economic areas, environmental degradation, issues associated with employment, and the regularity of economic/financial crises. The authors examine potential policy responses such as modern monetary theory, models of public ownership, and the need to move beyond standard concepts of growth. They also explore the deficiencies of orthodox economics, and contend that a more pluralist approach to economics is required in the public sphere, in academia, and in the classroom in order to help face the challenges of the twenty-first century. This book is invaluable reading for students and scholars across the social sciences who are interested in alternatives to mainstream economic thinking.

Author : Frederic S. Lee
Publisher : Routledge
ISBN 13 : 0415694361
Total Pages : 282 pages
Book Rating : 4.60/5 ( download)

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Download or read book In Defense of Post-Keynesian and Heterodox Economics written by Frederic S. Lee and published by Routledge. This book was released on 2012 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text makes it clear that post Keynesian/heterodox economics is, in spite of internal problems, a viable and important approach to economics and that it should resist the attempts of the critics to bury it.

Author : Oliver Schlaudt
Publisher : Routledge
ISBN 13 : 1000465764
Total Pages : 184 pages
Book Rating : 4.61/5 ( download)

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Download or read book Philosophy of Economics written by Oliver Schlaudt and published by Routledge. This book was released on 2021-10-27 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Philosophy of Economics: A Heterodox Introduction provides an introduction to the philosophy of economics through the prism of heterodoxy. Heterodox economics covers a range of approaches and schools of thought but what they have as a common denominator is the conviction that economic phenomena cannot be understood, and thus must not be studied, in isolation from their relevant context. Conversely, the current form of neoclassical economics emerged from the conviction that there is something like economic rationality sui generis which can be treated independently from all other aspects of our world, social or natural. Heterodox approaches challenge this conviction, from a variety of angles: the economic actor is not isolated, but lives in society which shapes him; market goods are only one kind of goods among others, constituting a larger set with ambiguous and shifting inner frontiers; production of goods takes place within nature, is subjected to physical laws and induces in most cases ecologically problematic fluxes of matter (e.g. waste); finally, the whole economic process in general is not in equilibrium, but shows secular trends through which it is connected to the historical world. This book demonstrates the vitality of these heterodox challenges from a philosophical point of view because not only do they formulate new hypotheses within economics, but they challenge economic theory on a much more fundamental level: how is the economy situated in the world, and which are the right methods for its investigation? This book is an ideal introduction for anyone seeking alternative or critical perspectives on the philosophy of economics and economic theory.

Author : Phil Armstrong
Publisher : Edward Elgar Publishing
ISBN 13 : 180037089X
Total Pages : 528 pages
Book Rating : 4.90/5 ( download)

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Download or read book Can Heterodox Economics Make a Difference? written by Phil Armstrong and published by Edward Elgar Publishing. This book was released on 2020-11-27 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a series of in-depth interviews with leading economists and policy-makers from different schools including Austrian, Monetarist, New-Keynesian, Post-Keynesian, Modern Monetary Theory, Marxist and Institutionalist, this intriguing book sheds light upon the behaviour of economists and the sociology of the economics profession by enabling economists to express their views on a wide range of issues.

Author : Sergio Cesaratto
Publisher : Springer
ISBN 13 : 9783030544478
Total Pages : 277 pages
Book Rating : 4.78/5 ( download)

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Download or read book Heterodox Challenges in Economics written by Sergio Cesaratto and published by Springer. This book was released on 2020-11-13 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discloses the economic foundations of European fiscal and monetary policies by introducing readers to an array of alternative approaches in economics. It presents various heterodox theories put forward by classical economists, Marx, Sraffa and Keynes, as a coherent challenge to neo-classical theory. The book underscores and critically assesses the analytical inconsistencies of European economic policy and the conservative nature of the current European governance. In this light, it examines the political obstacles to proposals to reform the European monetary union, as well as those originating in the neo-mercantilist German model. Given its scope and format, the book offers a valuable asset for researchers and members of the general public alike.

Author : Frederic S. Lee
Publisher : Routledge
ISBN 13 : 1351265261
Total Pages : 442 pages
Book Rating : 4.63/5 ( download)

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Download or read book Microeconomic Theory written by Frederic S. Lee and published by Routledge. This book was released on 2017-11-20 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microeconomic Theory: A Heterodox Approach develops a heterodox economic theory that explains the economy as the social provisioning process at the micro level. Heterodox microeconomics explores the economy with a focus on its constituent parts and their reproduction and recurrence, their integration qua interdependency by non-market and market arrangements and institutions, and how the system works as a whole. This book deals with three theoretical concerns. Due to the significance of the price mechanism to mainstream economics, a theoretical concern of the book is the business enterprise, markets, demand, and pricing. Also, since heterodox economists see private investment, consumption and government expenditures as the principal directors and drivers of economic activity, a second theoretical concern is business decision-making processes regarding investment and production, government expenditure decisions, the financing of investment, the profit mark-up and the wage rate, and taxes. Finally, the third theoretical concern of the book is the delineation of a non-equilibrium disaggregated price-output model of the social provisioning process. This book explores the integration of these various theories with a theoretical model of the economy and how this forms a theory that can be identified as heterodox microeconomics. It will be of interest to both postgraduates and researchers.

Author : Tae-Hee Jo
Publisher : Routledge
ISBN 13 : 1317631447
Total Pages : 338 pages
Book Rating : 4.46/5 ( download)

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Download or read book Marx, Veblen, and the Foundations of Heterodox Economics written by Tae-Hee Jo and published by Routledge. This book was released on 2015-07-30 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: John F. Henry is an eminent economist who has made important contributions to heterodox economics drawing on Adam Smith, Karl Marx, Thorstein Veblen, and John Maynard Keynes. His historical approach offers radical insights into the evolution of ideas (ideologies and theories) giving rise to and/or induced by the changes in capitalist society. Essays collected in this festschrift not only evaluate John Henry’s contributions in connection to Marx’s and Veblen’s theories, but also apply them to the socio-economic issues in the 21st century. In Part I leading heterodox economists in the traditions of Marxism, Post Keynesianism, and Institutionalism critically examine Marx’s and Veblen’s theoretical frameworks (and their connections to each other) that have become the foundations of heterodox economics. Chapters in Part II showcase alternative theoretical explanations inspired by Marx, Veblen, and Henry. Topics in this Part include financial crisis, financialization, capital accumulation, economics teaching, and the historical relationship between money and class society. Part III is devoted to John Henry’s heterodox economics encapsulated in his "farewell" lecture, interview, and bibliography. Essays in this book, individually and collectively, make an important point that the history of economic thought (or historical analysis of economic theory and policy) is an integral part of developing heterodox economics as an alternative theoretical framework. Anyone who is troubled by the recurring failure of capitalism as well as mainstream economics will find this book well worth reading.