Routledge Frontiers of Political Economy
About the Book Series
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
1st Edition
By Richard Westra
September 25, 2023
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 ...
Production, Value and Income Distribution: A Classical-Keynesian Approach
1st Edition
By Enrico Bellino
September 25, 2023
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 ...
The Failure of Markets: Energy, Housing and Health
1st Edition
By Craig Allan Medlen
September 25, 2023
The core thesis of this book is that the major economic issues of renewable energy, housing, health and income disparities could best be addressed through direct government "in kind" production and redistributive measures. It is argued that this governmental "in kind" production of essential needs...
Capital and Capitalism: Old Myths, New Futures
1st Edition
By Rogene A. Buchholz
May 31, 2023
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 ...
Capitalism, Development and Empowerment of Labour: A Heterodox Political Economy
1st Edition
By Hartmut Elsenhans
May 31, 2023
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...
Economic Change and Wellbeing: The True Cost of Creative Destruction and Globalization
1st Edition
By Fabio D'Orlando, Francesco Ferrante, Albertina Oliverio
May 31, 2023
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 ...
Economic Ideas, Policy and National Culture: A Comparison of Three Market Economies
1st Edition
Edited
By Eelke de Jong
May 31, 2023
All human beings develop a certain view on the world. Inhabitants of the same country are likely to develop similar worldviews. The common part of these views constitutes the country’s national culture. Consequently, academic economists, policymakers, and the population at large are consistently ...
Explaining Wealth Inequality: Property, Possession and Policy Reform
1st Edition
By Benedict Atkinson
May 31, 2023
This book discusses the origins of wealth inequality and explains how societies can reform to avoid the catastrophe of inequality-induced social breakdown. It develops a theoretical and practical understanding of the principles behind the concept of ownership and property, complete with historical ...
Financialization of the Economy, Business, and Household Inequality in the United States: A Historical–Institutional Balance-Sheet Approach
1st Edition
By Kurt Mettenheim, Olivier Butzbach
May 31, 2023
This second volume on the political and social economy of financialization in the US focuses on the consequences of the rise of finance for the American macroeconomy, household inequality, and the management of nonfinancial business enterprises. A historical–institutional balance-sheet approach to...
Institutional Change after the Great Recession: European Growth Models at the Crossroads
1st Edition
Edited
By Luis Cárdenas, Javier Arribas
May 31, 2023
This book combines demand-led growth models and the institutionalist approach, in order to explain the macroeconomic performance of the main European countries in recent years followed by which a coherent explanation of the institutional change since the Great Recession, including the economic ...
Political Economy of Contemporary Italy: The Economic Crisis and State Intervention
1st Edition
By Nicolò Giangrande
May 31, 2023
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 ...
Political Economy of Financialization in the United States: A Historical–Institutional Balance-Sheet Approach
1st Edition
By Kurt Mettenheim
May 31, 2023
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 ...