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To celebrate the centenary of the radical union in North America, The Industrial Workers of the World, this book examines radical economics and the labor movement in the 20th Century. It activates a marginalized analytical tradition which can focus on the origins and evolution of the difficulties confronting workers throughout the world.
Discusses the pluralist economics state of play. This book presents a hands-on approach to actively incorporate pluralism into the classroom for economics lecturers.
Offers a detailed understanding of the foundations of the global financial crisis. This work familiarizes the reader with the unified theory of heterodox macroeconomics and it's applications. It features essays that include theoretical, international, historical, and country perspectives on financial fragility and macroeconomic instability.
Explains exchange rates based on the premise that it is financial capital flows and not international trade that represents the driving force behind currency movements. This book also presents an analysis of the scholarly traditions of John Maynard Keynes and Thorstein Veblen.
Seeks to answer the economic questions in terms of a theory that emerged with Adam Smith and is come to full fruition; the principle of circular and cumulative causation. This title explains the interplay of technology, firms, resources, culture, institutions and economic policy to understand the basic drives behind modern day economic dynamics.
Employs the concept of transformational growth to explore the investment-driven cycle of expansion of the 1990s in the US economy, and of the of role played by the ICT sector.
David Hamilton has advanced heterodox economics by replacing intellectual concepts from orthodox economics that hinder us with concepts that help us. This book brings together the essential works of David Hamilton over a fifty year period.
How do societies achieve a level of complexity, coordination, and social intelligence that far surpasses the capacity of individual human intelligence? This title addresses this question in the context of civil society generally, in which we cannot always rely on market prices to guide our way.
To celebrate the centenary of the most radical union in North America - The Industrial Workers of the World - this collection examines radical economics and the labor movement in the 20th Century.
This book explores the foundations of the current economic crisis. Offering a heterodox approach to interpretation it examines the policies implemented before and during the crisis, and the main institutions that shaped the model of advanced economies, particularly in the last two decades.
Post-Keynesian and heterodox economics challenge the mainstream economics theories that dominate the teaching at universities and government economic policies. And it was these latter theories that helped to cause the great depression the United States and the rest of the world is in. However, most economists and the top 1% do not want mainstream theories challenged¿for to do so would mean questioning why and how the 1% got where they are. Therefore, numerous efforts have been and are being made to discredit if not suppress Post-Keynesian and heterodox economics. These efforts have had some success; this book is a response to them.
This book takes a radically different approach to the analysis of competition by rejecting the perfect vs. imperfect competition dichotomy and draws on the insights of classical political economists such as Marx, Schumpeter, Hayek and Andrews.
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 rigor and mathematical virtuosity, it failed dramatically to respond to the current crisis. Why is this so? Mainstream economics turns a blind eye to society. By assumption, it maims its analyses by wiping away what makes us what we are. There is pressing need for a critical discussion and new ideas.
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