Routledge Advances in Heterodox Economics
About the Book Series
Over the past two decades, the intellectual agendas of heterodox economists have taken a decidedly pluralist turn. Leading thinkers have begun to move beyond the established paradigms of Austrian, feminist, Institutional-evolutionary, Marxian, Post Keynesian, radical, social, and Sraffian economics—opening up new lines of analysis, criticism, and dialogue among dissenting schools of thought. This cross-fertilization of ideas is creating a new generation of scholarship in which novel combinations of heterodox ideas are being brought to bear on important contemporary and historical problems.
Routledge Advances in Heterodox Economics aims to promote this new scholarship by publishing innovative books in heterodox economic theory, policy, philosophy, intellectual history, institutional history, and pedagogy. Syntheses or critical engagement of two or more heterodox traditions are especially encouraged.
An Ecosystem Approach to Economic Stabilization: Escaping the Neoliberal Wilderness
1st Edition
By Rodrick Wallace
June 30, 2020
The creation of economic institutions that can function well under substantial uncertainties -- Black Swans -- is analogous to the dilemmas confronting our hunter-gatherer forefathers in the face of large-scale ecological unpredictability. The ultimate solution was not the development of a super ...
Inequality and Uneven Development in the Post-Crisis World
1st Edition
Edited
By Sebastiano Fadda, Pasquale Tridico
June 30, 2020
In the years following the financial crash, two issues have become central to the debate in economics: inequality and the uneven nature of sustainable development. These two issues are at the core of this book which aims to explain three key questions: why inequality has increased so much in the ...
Trust and Economics: The Co-evolution of Trust and Exchange Systems
1st Edition
By Yanlong Zhang
June 30, 2020
A lot of recent attention has been given to one of the central paradoxes of trust: namely how people can restrict self-interest in order to trust. Existing perspectives, theories, and models offer partial explanations, but this volume presents a novel framework that expands on the findings of ...
Keynes and The General Theory Revisited
1st Edition
By Axel Kicillof
December 12, 2019
Every time the economy goes through a period of crisis, Keynes’ name is called upon by economists and politicians from diverse backgrounds. However, 70 years after the publication of The General Theory of Employment, Interest and Money, specialists are still far—maybe everyday further—from reaching...
The Financialization of GDP: Implications for economic theory and policy
1st Edition
By Jacob Assa
December 12, 2019
Gross Domestic Product (GDP) and other statistics based on national income accounting are ubiquitous but rarely understood today. GDP has been criticized for many reasons, including not reflecting well-being, leaving out the costs of environmental pollution, and not counting unpaid work, but on ...
Microeconomic Theory: A Heterodox Approach
1st Edition
By Frederic Lee, Tae-Hee Jo
September 05, 2019
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 ...
Policy Implications of Evolutionary and Institutional Economics
1st Edition
Edited
By Claudius Grabner, Torsten Heinrich, Henning Schwardt
August 10, 2018
This collection is inspired by the coming retirement of Professor Wolfram Elsner. It presents cutting-edge economic research relevant to economic policies and policy-making, placing a strong focus on innovative perspectives. In a changing world that has been shaken by economic, social, financial,...
Reclaiming Pluralism in Economics
1st Edition
Edited
By Jerry Courvisanos, James Doughney, Alex Millmow
February 12, 2018
Until the end of the early 1970s, from a history of economic thought perspective, the mainstream in economics was pluralist, but once neoclassical economics became totally dominant it claimed the mainstream as its own. Since then, alternative views and schools of economics increasingly became ...
The Problem of Production: A new theory of the firm
1st Edition
By Per Bylund
October 23, 2017
The theory of the firm has been fertile ground for economists. Bylund proposes a new theory, rooted in Austrian economics, which examines the firm as a part of the market, and not as a free-standing entity. In this integrated view, a theory is offered which incorporates entrepreneurship, production...
The Heterodox Theory of Social Costs: By K. William Kapp
1st Edition
Edited
By Sebastian Berger, K. William Kapp
June 16, 2017
K. William Kapp’s heterodox theory of social costs proposes precautionary planning to pre-empt social costs and provide social benefits via socio-ecological safety standards that guarantee the gratification of basic human needs. Based on arguments from Thorstein Veblen, Karl Marx, and Max Weber, ...
Networks of Institutions: Institutional Emergence, Social Structure and National Systems of Policies
1st Edition
By Shuanping Dai
November 10, 2016
The questions such as, ‘why the focuses of national policies vary significantly across countries, although their sources of policies are to a great extent identical’; ‘why national development experiences mostly cannot be transplanted successfully among countries’; ‘why some ineffective ...
Re-Thinking Economics: Exploring the Work of Pierre Bourdieu
1st Edition
Edited
By Asimina Christoforou, Michael Lainé
November 10, 2016
Once again, unfettered capitalism has failed. Promises for global prosperity and peace have given way to a world of deep recession, social upheaval and political instability. Once again, mainstream economics has proved its inadequacy. Despite its technical rigour and mathematical virtuosity, it ...