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.
Heterodox Economics of Military Spending
1st Edition
By Adem Yavuz Elveren
April 22, 2025
Covering Institutionalist, Post-Keynesian, Marxist, and Feminist perspectives, Heterodox Economics of Military Spending provides a comprehensive analysis of the effect of military expenditures on the economy. The impact of military spending on economic growth has always been a crucial issue for ...
The Financial Foundations of Production and Uncertainty
1st Edition
By Andres F. Cantillo
April 14, 2025
Rejecting much of mainstream economic theory for being too passive, this book argues that the innovative and unpredictable nature of economic phenomena is better understood with analytical devices, which allow for more creative and participatory analysis. As is demonstrated, this has significant ...
Transformations of Contemporary Capitalism: The Second Industrial Divide and Flexible Specialisation
1st Edition
By David Evans
April 14, 2025
In recent decades, there has been many attempts to describe, explore, and explain the new ‘post-modern’ capitalism of the twenty-first century. In this context, this book looks at one of the most exciting strands of this research in the late twentieth century: the flexible specialisation research ...
Innovation in Capitalist Economies: Crises, Challenges and Opportunities
1st Edition
Edited
By Faruk Ülgen, Lyubov Klapkiv
March 03, 2025
Innovation is critical to increasing global prosperity and also essential to surviving and overcoming the ongoing challenges of pandemics, wars, climate change, and systemic financial turmoil. At the same time, major corporations seek to transform new knowledge and scientific progress into ...
A Financial Theory of the Business Cycle: Net Present Value and Fractional Reserve Banking
1st Edition
By Edward W. Fuller, Warren Young
February 17, 2025
A Financial Theory of the Business Cycle presents a new approach to business cycle theory based on the net present value. The book develops a novel diagrammatic approach to illustrate how fractional reserve banking systematically distorts net-present-value calculations. In addition to providing ...
International Taxation and Capitalism: A Heterodox Economics Perspective
1st Edition
By Andrés Blanco
February 04, 2025
The book introduces a novel approach to international taxation through the lens of heterodox economic and social theories, in particular Marxism. The book argues that the radical reorganization of the international tax system that has been underway for the last few decades – initiated by the OECD, ...
Capital, Entrepreneurship and Management: A New Austrian Theory of Organizations
1st Edition
By Thierry Aimar
January 31, 2025
Economic and organizational literature has long separated the figure of the capitalist and the manager, but it often continues to assimilate that of the capitalist and the entrepreneur around the notion of risk-bearing. Yet confusion between the two prevents any understanding of the essence of ...
Declining Profitability and the Evolution of the US Economy: A Classical Perspective
1st Edition
By Ascension Mejorado, Manuel Roman
January 30, 2025
The 1970s were a pivotal decade for the US economy: deindustrialization broke the power of the labor unions and made possible the redistribution of income in favor of corporate profits; globalization and offshore investments opened alternatives to domestic nonfinancial capital accumulation; ...
Socialist Economic Systems: 21st Century Pathways
1st Edition
By Steven Rosefielde
January 30, 2025
Bernie Sanders’ socialist advocacy in the United States, communist China’s economic successes and a Marxist revival are inspiring many to muse about improved strategies for building superior socialist futures. Socialist Economic Systems provides an objective record of socialism’s promises and ...
Economic Populism and Institutional Reform
1st Edition
By Emre Ünal
December 31, 2024
In response to the global crises in recent decades, many countries – both developed and developing economies – have resorted to populist forms of economic policy instead of undertaking meaningful institutional change. This book explores two forms of economic populism in particular (wage ...
How Economists Think: A Kantian Interpretation of Mainstream Economics
1st Edition
By Steven Buccola
December 23, 2024
Many philosophers today take the empiricist or rationalist stance that mainstream economics is self-centered and naïve. For their part too, most economists don’t know much formal philosophy. The purpose of the present book is to help bridge this great divide between philosopher and economist....
Political Economy in the Middle East and North Africa: Why Institutions, Rents, and Power Matter in Economic Reforms
1st Edition
By Rachid Mira
December 20, 2024
Many countries in the Middle East and North Africa continue to face major economic and political challenges, including volatile economic growth, low economic diversification, high unemployment levels, and, in some cases, pervasive authoritarian regimes. These economic and political challenges are ...