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.
Edited by:
Tae-Hee Jo,
Lynne Chester,
Carlo D'Ippoliti
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions:
Height: 246mm,
Width: 174mm,
Weight: 1.300kg
ISBN: 9780367356828
ISBN 10: 0367356821
Series: Routledge International Handbooks
Pages: 550
Publication Date: 05 September 2019
Audience:
College/higher education
,
Primary
,
A / AS level
Format: Paperback
Publisher's Status: Active
Part I: Introduction The State of the Art and Challenges for Heterodox Economics Tae-Hee Jo, Lynne Chester, and Carlo D’Ippoliti Part II: The Theoretical Cores of Heterodox Economics Social Provisioning Process: A Heterodox View of the Economy Tae-Hee Jo and Zdravka Todorova The Social Surplus Approach: Historical Origins and Present State Nuno Ornelas Martins Accumulation Regimes Agnès Labrousse and Sandrine Michel Monetary Theories of Production Marco Veronese Passarella The Principle of Effective Demand: Marx, Kalecki, Keynes, and Beyond Eckhard Hein Heterodox Theories of Value: A Brief History Ajit Sinha Theories of Prices and Alternative Economic Paradigms Carlo D’Ippoliti Heterodox Theories of Distribution Scott Carter The Micro-Macro Link in Heterodox Economics Claudius Gräbner and Jakob Kapeller Part III: The Anatomy of Capitalism Society and Its Institutions John F. Henry Heterodox Economics and Theories of Interactive Agency Mary V. Wrenn Households in Heterodox Economic Theory Zdravka Todorova A Heterodox Theory of the Business Enterprise Tae-Hee Jo Heterodox Theories of Business Competition and Market Governance Tuna Baskoy A Marxian Understanding of the nature and Form of Dominant Capitalist Legal Institutions Lorraine Talbot Money and Monetary Regimes Pavlina R. Tcherneva Banks in Developing Countries Radha Upadhyaya Shadow Banking Benjamin Wilhelm The Informal Economy in Theory and Policy: Prospects for Well-being Elizabeth Hill Inequality and Poverty Marcella Corsi and Giulio Guarini Part IV: The Dynamics of the Capitalist Socio-Economic Structure The Accumulation of Capital: An Analytical and Historical Overview Ramaa Vasudevan A Heterodox Reconstruction of Trade Theory Yan Liang Analyzing the Organization of Global Production: Thoughts from the Periphery Víctor Ramiro Fernández and Gabriel Brondino Labor Processes and Outcomes: An Institutional-Heterodox Framework Siobhan Austen Heterodox Theories of the Business Cycle Matías Vernengo Heterodox Theories of Economic Growth Özgür Orhangazi Financialization and the Crises of Capitalism Petra Dünhaupt Theories of International Development: The Post Keynesian and Marxian Alternatives John Marangos Energy, Environment, and the Economy Anders Ekeland and Bent Arne Sæther Part V: Transforming the Capitalist Social Provisioning Process An Exit Strategy from Capitalism’s Ecological Crisis Lynne Chester Restructuring Financial Systems with Human Advancement in Mind Wesley C. Marshall Rethinking the Role of the State Anna Klimina The Twenty-First Century Capitalist Revolution: How the Governance of Large Firms Shapes Prosperity and Inequality Jordan Brennan Achieving Full Employment: History, Theory, and Policy John Marsh, Timothy Sharpe, and Bruce Philp Social Welfare and Social Control Andrew Cumbers and Robert McMaster Part VI: Conclusion Heterodox Economics as a Living Body of Knowledge: Community, (In)Commensurability, Critical Engagement, and Pluralism Jamie Morgan and John Embery
Tae-Hee Jo is Associate Professor in the Economics and Finance Department at The State University of New York–Buffalo State, USA, and a former Editor of the Heterodox Economics Newsletter (2009–13). He has been working on heterodox microeconomic theory from institutionalist, Marxian, and Post Keynesian perspectives. Lynne Chester is Associate Professor in the University of Sydney’s Department of Political Economy, Australia. She is recognized as a leading Australian scholar in the empirical application of Régulation theory. Her research focuses on a range of energy issues (affordability, security, markets, price formation, the environment) and the policy responses of capitalist economies through different institutional forms. Carlo D’Ippoliti is Associate Professor of Economics at Sapienza University of Rome, Italy. He is the editor of PSL Quarterly Review and of Moneta e Credito, and his research focuses on the history of economic thought, feminist economics, and European political economy.
