Political Economics: General
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An Introduction to Capitalism
Embedded in an historical account of the development of U.S. capitalism up to the present day, this book gives the reader a thorough description of the major aspects of the U.S. economy, as well as a theoretical understanding of the overall economy. A particular focus of this book is how free...
Published September 3rd 2012 by Routledge
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Progress or Collapse
The Crises of Market Greed
Human progress is heading toward collapse. There are converging ecological crises looming on the horizon: climate change, peak oil, water shortages, fish depletion and food scarcities. The world is on a collision course against the limits of the ecosystem. Modern societies are consuming,...
Published December 17th 2012 by Routledge
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The Cambridge Revival of Political Economy
Series: Economics as Social Theory
The marginalist revolution of the late nineteenth century consolidated what Karl Marx and Piero Sraffa called ‘vulgar economy’, bringing with it an emphasis on a scarcity theory that replaced the classical surplus theory. However, the classical political economy of Adam Smith and David Ricardo has...
To Be Published October 21st 2013 by Routledge
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Economic Necessity, Political Contingency and the Limits of Post-Marxism
Series: New Political Economy
Post-Marxism emerged in the 1970s and 80s as a way to retain certain insights from Marxism while disposing of its indefensible and destructive elements, especially the tendency to reduce all social change to the economic base. This book offers a new and critical reading of post-Marxism, arguing...
To Be Published March 30th 2014 by Routledge
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Alternative Theories of Competition
Challenges to the Orthodoxy
Series: Routledge Advances in Heterodox Economics
The history of policymaking has been dominated by two rival assumptions about markets. Those who have advocated Keynesian-type policies have generally based their arguments on the claim that markets are imperfectly competitive. On the other hand laissez faire advocates have argued the opposite by...
Published July 31st 2012 by Routledge
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The Foundations of Evolutionary Institutional Economics
Generic Institutionalism
Series: Routledge Advances in Heterodox Economics
Evolutionary economics implicitly deals with generic analysis of economic processes, but thus far there have been relatively few attempts to make this stream of thought and analysis explicit within a common theoretical framework. This book explores the foundational principles of evolutionary...
To Be Published July 30th 2013 by Routledge
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In Defense of Post-Keynesian and Heterodox Economics
Responses to their Critics
Series: Routledge Advances in Heterodox Economics
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...
Published September 3rd 2012 by Routledge
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Technological Change and Network Effects in Growth Regimes
Exploring the Microfoundations of Economic Growth
Series: Routledge Advances in Heterodox Economics
In this new volume it is argued that network effects are much more common than usually assumed, and that they have a profound impact on many aspects of economic systems, especially technological change and economic growth. The analysis and modelling of this interrelationship is the central focus of...
Published February 3rd 2013 by Routledge
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The US Economy and Neoliberalism
Alternative Strategies and Policies
Series: Routledge Advances in Heterodox Economics
In recent times, policy makers, scientists, academics and commentators have become increasingly nervous about the US economic downturn. Discussions have centred around the range and magnitude of the country’s socio-economic problems, its vexing production decline and its unsatisfactory...
Published March 11th 2013 by Routledge
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Producing Prosperity
An Inquiry into the Operation of the Market Process
Series: Routledge Foundations of the Market Economy
The substantial prosperity that characterizes market economies at the beginning of the twenty-first century is relatively recent in human history. Prior to the Industrial Revolution, economic progress was so slow that people would not have been able to recognize it in their lifetimes, whereas today...
Published December 10th 2012 by Routledge
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Understanding the Culture of Markets
Series: Routledge Foundations of the Market Economy
How does culture impact economic life? Is culture like a ball and chain that actors must lug around as they pursue their material interests? Or, is culture like a tool-kit from which entrepreneurs can draw resources to aid them in their efforts? Or, is being immersed in a culture like wearing a...
Published September 30th 2012 by Routledge
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Architectures of Economic Subjectivity
The Philosophical Foundations of the Subject in the History of Economic Thought
Series: Routledge Frontiers of Political Economy
The history of European economic thought has long been written by those seeking to prove or disprove the truth-value of the theories they describe. This work takes a different approach. It explores the philosophical groundwork of the theoretical structure within which economic subjects are...
Published September 17th 2012 by Routledge
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The Charismatic Principle in Social Life
Series: Routledge Frontiers of Political Economy
Max Weber laid the foundations for the meaning of ‘charisma’ in modern secular usage. This new volume argues for the importance of the ‘charismatic principle’ in history, economics and society. This volume brings together a number of contributors at the cross section between economics, theology,...
Published November 15th 2012 by Routledge
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Economic Indeterminacy
The Dance of the Meta-Axioms
Series: Routledge Frontiers of Political Economy
This volume is a collection of some of the best and most influential work of Yanis Varoufakis. The chapters all address the issue of economic indeterminacy, and the place of a socialized Homo Economicus within the economy. The book addresses Varoufakis’ key interpretation regarding the way in which...
To Be Published August 12th 2013 by Routledge
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Economic Models for Policy Making
Principles and Designs Revisited
Series: Routledge Frontiers of Political Economy
Over the past decades, many different kinds of models have been developed that have been of use to policy makers, but until now the different approaches have not been brought together with a view to enhancing the systematic unification and evaluation of these models. This new volume aims to fill...
Published November 11th 2012 by Routledge
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Economics, Sustainability, and Democracy
Economics in the Era of Climate Change
Series: Routledge Frontiers of Political Economy
How should we conduct economics in an era of climate change, natural resource depletion and population increase? These issues are systemic, and involve great uncertainties and long time horizons. This book contends that the free-market economics that has dominated capitalist democracies in recent...
Published July 1st 2012 by Routledge
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Financial Crisis, Labour Markets and Institutions
Series: Routledge Frontiers of Political Economy
This book seeks to explain the global financial crisis and its wider economic, political, and social repercussions, arguing that the 2007-9 meltdown was in fact a systemic crisis of the capitalist system. The volume makes these points through the exploration of several key questions: What kind...
Published January 23rd 2013 by Routledge
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Freedom, Responsibility and Economics of the Person
Series: Routledge Frontiers of Political Economy
The capability approach has developed significantly since Amartya Sen was awarded the Nobel Prize in Economics in 1998. It is now recognised as being highly beneficial in the analysis of poverty and inequality, but also in the redefinition of policies aimed at improving the well-being of...
To Be Published July 30th 2013 by Routledge
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Gender Perspectives and Gender Impacts of the Global Economic Crisis
Series: Routledge Frontiers of Political Economy
This book is about the gendered economic impacts of the current global financial crisis. The edited volume, from an international set of contributors, looks at the impacts of the crisis and crisis policies from a gender perspective, through the use of international case studies. Countries covered...
To Be Published November 29th 2013 by Routledge
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Inherited Wealth, Justice and Equality
Series: Routledge Frontiers of Political Economy
The core of the book consists of a selection of papers presented at an international workshop where researchers from a variety of fields and countries discussed the connections between inherited wealth, justice and equality. The volume is complemented by a few other papers commissioned by the...
Published October 28th 2012 by Routledge
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Marx and Living Labour
Series: Routledge Frontiers of Political Economy
From his early economic works on, Marx conceived the labour of any kind of society as a set of production activities and analysed the historical modes of production as specific ways of distributing and exchanging these activities. Political economy on the contrary considers the labour...
Published May 15th 2013 by Routledge
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Organizations, Individualism and Economic Theory
Series: Routledge Frontiers of Political Economy
Most economic theory is based on the assumption that economies grow in a linear fashion. Recessions, depressions and (financial) crises are explained by policy mistakes. However, economic development has historically been uneven, and this state of affairs continues today. This book argues that...
Published June 13th 2012 by Routledge
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Ownership Economics
On the Foundations of Interest, Money, Markets, Business Cycles and Economic Development
Series: Routledge Frontiers of Political Economy
This book presents the first full-length explanation in English of Heinsohn and Steiger's groundbreaking theory of money and interest, which emphasizes the role played by private property rights. Ownership economics gives an alternative explanation of money and interest, proposing that operations...
Published October 28th 2012 by Routledge
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A Political Economy of Contemporary Capitalism and its Crisis
Demystifying Finance
Series: Routledge Frontiers of Political Economy
The recent financial meltdown and the resulting global recession have rekindled debates regarding the nature of contemporary capitalism. This book analyses the ongoing financialization of the economy as a development within capitalism, and explores the ways in which it has changed the organization...
To Be Published June 3rd 2013 by Routledge
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The Political Economy of Gunnar Myrdal
A Reassessment in the Post-2008 World
Series: Routledge Frontiers of Political Economy
The intellectual trajectory of Gunnar Myrdal, Swedish Nobel Laureate economist, sociologist, and politician, brings us through many of the major issues in the world economy and politics of the 20th century. This new volume explores Myral’s work on three major themes: breaking away from...
To Be Published October 31st 2013 by Routledge
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The Political Economy of the Small Firm
Series: Routledge Frontiers of Political Economy
For many, small firms are everyday realities of the economy and visible in every high-street and industrial estate. Their existence and importance is unquestionable. Such beliefs are understandable, but the authors of this new book would suggest they are misguided. The Political Economy of the...
Published February 24th 2013 by Routledge
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The Responsible Economy
Series: Routledge Frontiers of Political Economy
In the last two decades, a remarkable consensus developed in Economics around pro-market reforms; reflected in Friedman-esque polices of tax cuts, deregulation and its promotion of free trade and globalization, though entirely Keynesian, with any slowdown in the economy to be countered by...
To Be Published March 30th 2014 by Routledge
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Social Costs Today
Institutional Analyses of the Present Crises
Series: Routledge Frontiers of Political Economy
This book deals with the current crises from a somewhat different the usual perspectives. It claims that causes and policy implications of these crises cannot be properly assessed by focusing on allocative efficiency or income growth alone; it requires a more general approach, based on social costs...
Published May 23rd 2012 by Routledge
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Social Fairness and Economics
Economic Essays in the Spirit of Duncan Foley
Series: Routledge Frontiers of Political Economy
This volume brings together papers inspired by the work of Duncan Foley, an extraordinarily productive economist who has made seminal contributions to a wide variety of areas. Foley’s work cannot be easily classified, but one thread that runs through it is a critical examination (along both ethical...
Published February 20th 2013 by Routledge
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Support-Bargaining, Economics and Society
A Social Species
Series: Routledge Frontiers of Political Economy
Support-Bargaining, Economics and Society links support-bargaining to Darwin's theory of natural selection and traces the implications of support-bargaining and money-bargaining across society. It provides a wholly different account of the functioning of human societies from anything that has gone...
Published October 15th 2012 by Routledge
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Urban and Regional Development Trajectories in Contemporary Capitalism
Series: Routledge Frontiers of Political Economy
This book re-evaluates a rich scientific heritage of space- and history-sensitive development theories and produces an integrated methodology for the comparative analysis of urban and regional trajectories within a globalized world. The main argument put forward is that current mainstream analyses...
Published December 17th 2012 by Routledge
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Innovation and Finance
Series: Routledge/Lisbon Civic Forum Studies in Innovation
The book explores the complex relationship between innovation processes and finance. A well-functioning financial system spurs innovation by identifying and funding stimulating entrepreneurial activities which trigger economic growth, whilst innovations open up profitable opportunities for the...
To Be Published July 17th 2013 by Routledge
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Social Innovation
New Forms of Organisation in Knowledge–Based Societies
Series: Routledge/Lisbon Civic Forum Studies in Innovation
'Social innovation’ can be simply defined as the new ideas and initiatives that make it possible to meet our society’s challenges in areas such as the environment, education, employment, culture, health and economic development. It is currently becoming increasingly important as a central concept...
Published May 20th 2013 by Routledge
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Economic Statecraft and Foreign Policy
Sanctions, Incentives, and Target State Calculations
Series: Routledge Global Security Studies
This book develops a unified theory of economic statecraft to clarify when and how sanctions and incentives can be used effectively to secure meaningful policy concessions. High-profile applications of economic statecraft have yielded varying degrees of success. The mixed record of economic...
Published May 12th 2013 by Routledge
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Digital Labor
The Internet as Playground and Factory
Digital Labor calls on the reader to examine the shifting sites of labor markets to the Internet through the lens of their political, technological, and historical making. Internet users currently create most of the content that makes up the web: they search, link, tweet, and post updates—leaving...
Published September 18th 2012 by Routledge
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Philosophy of Economics
A Contemporary Introduction
Series: Routledge Contemporary Introductions to Philosophy
Philosophy of Economics: A Contemporary Introduction is the first systematic textbook in the philosophy of economics. It introduces the epistemological, metaphysical and ethical problems that arise in economics, and presents detailed discussions of the solutions that have been offered. Throughout,...
Published March 25th 2013 by Routledge
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Political Economy
The book examines the history and theoretical development of Political Economy, one of the most important scholarly disciplines to emerge from the European Enlightenment, and the subject which provided the basis for the later disciplines of Economics, Business Studies and International Political...
To Be Published November 30th 2013 by Routledge
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The Economics of Rearmament (Rev)
Series: Routledge Revivals
First published in 1934, this book explores prominent economic questions on the subject of rearmament and disarmament. Both rearmament and disarmament have a number of economic advantages and disadvantages and in each chapter Paul Einzig considers these in order to decide on which side the...
Published December 3rd 2012 by Routledge
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The No-Growth Imperative
Creating Sustainable Communities under Ecological Limits to Growth
More than two decades of mounting evidence confirms that the existing scale of the human enterprise has surpassed global ecological limits to growth. Based on such limits, The No-Growth Imperative discounts current efforts to maintain growth through eco-efficiency initiatives and smart-growth...
Published November 27th 2012 by Routledge
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Towards International Government (Routledge Revivals)
Series: Routledge Revivals
First published in 1915, Towards International Government considers the consequences of war for global diplomacy and the alliance system. Hobson argues that, to reduce armaments and the possibility of another world war, an organisational structure of international government must be put into place....
Published January 23rd 2013 by Routledge
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Financial Regulation after the Global Financial Crisis
Series: Routledge/RIPE Studies in Global Political Economy
In the early stages of the 2007/8 global financial crisis it seemed likely that the severity of the crisis could provoke dramatic changes in the architecture of global finance. However subsequently it has been challenging to interpret the regulatory response. Are there significant changes, or are...
To Be Published December 29th 2013 by Routledge
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Debtfare States and the Social Power of Money and Credit
Series: RIPE Series in Global Political Economy
Instead of celebrating the highly popular concept and strategy of financial inclusion, the book seeks to understand relations of power, inequality and exploitation that underpin the exponential rise of expensive forms of consumer credit to people, who can ill afford the interest and fees attached...
To Be Published September 29th 2013 by Routledge
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The Capitalist Mode of Power
Critical Engagements with the Power Theory of Value
Series: RIPE Series in Global Political Economy
This edited volume offers the first critical engagement with one of the most provocative and controversial theories in political economy: the thesis that capital can be theorized as power and that capital is finance and only finance. The book also includes a detailed introduction to this novel...
To Be Published August 12th 2013 by Routledge
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Transnational Financial Associations and the Governance of Global Finance
Assembling Wealth and Power
Series: RIPE Series in Global Political Economy
The role of business in global governance is now widely recognized, but exploration of its role in global financial governance has been more haphazard than systematic. This book provides the first comprehensive analysis of the role of transnational financial associations (TFAs) in the organization...
Published February 3rd 2013 by Routledge
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A Strategic Understanding of UN Economic Sanctions
International Relations, Law and Development
Series: Routledge Advances in International Relations and Global Politics
Economic Sanctions are increasingly used as a legal, non-military technique of combating abusers of international peace. However it remains unclear how the success or failure of these sanctions is measured. This book examines the seldom-explored United Nations’ economic sanctions deliberation...
To Be Published July 4th 2013 by Routledge
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The Politics of Regulatory Reform
Series: Routledge Research in Public Administration and Public Policy
Regulation has become a front-page topic recently, often referenced by politicians in conjunction with the current state of the US economy. Yet despite regulation’s increased presence in current politics and media, The Politics of Regulatory Reform argues that the regulatory process and its...
To Be Published September 30th 2013 by Routledge
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The Transatlantic Agenda
Public Administration and Policy Perspectives
Series: Routledge Research in Public Administration and Public Policy
The considerable and growing literature on transatlantic relations contains fundamental gaps in the areas of Public Administration and Public Policy. This book seeks to redress this imbalance by examining the policy successes and failures of the New Transatlantic Agenda (NTA). Divided into two...
To Be Published December 14th 2013 by Routledge
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State Reform and Development in the Middle East
Turkey and Egypt in the Post-Liberalization Era
Series: Routledge Studies in Middle Eastern Economies
The economies of Turkey and Egypt, remarkably similar until the early 1980s, have since taken divergent paths. Turkey has successfully implemented a policy of export led industrialisation whilst Egypt’s manufacturing industry and exports have stagnated. In this book, Amr Adly uses extensive...
Published November 28th 2012 by Routledge
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Transatlantic Politics and the Transformation of the International Monetary System
Series: Routledge Advances in International Political Economy
Michelle Frasher shows how the 1970s marked a watershed in the transformation of international monetary affairs that forced significant changes in the state-market relationship, and created the conditions for currency crises for the past forty years. Through archival documents and interviews, she...
To Be Published July 24th 2013 by Routledge
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States, Nonstate Actors, and Global Governance
Projecting Polities
Series: Routledge Advances in International Political Economy
This book addresses whether and how multilateral economic regimes can successfully transition from international institutions—cooperation among states—to global governance—cooperation among states and nonstate actors. The unprecedented era of peace and prosperity since World War II has been...
Published December 13th 2012 by Routledge
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Transformations in Trade Politics
Participatory Trade Politics in West Africa
Series: Global Institutions
This book examines the evolution and application of participatory trade politics in West Africa and discusses the theoretical implications for political economy and global governance approaches to trade policy-making. The author traces the involvement of a network of West African global justice...
To Be Published August 25th 2013 by Routledge
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Workers of the World versus Globalisation
The International Relations of Capital and Labour
Series: Routledge Advances in International Political Economy
Globalisation has adversely affected working-class organisation and mobilisation; but international labour movement demobilisation is not necessarily an irreversible trend. Globalisation has prompted workers and their organisations to find new ways to mobilise. This book examines international...
To Be Published June 29th 2013 by Routledge
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Energy Market Integration in East Asia
Deepening Understanding and Moving Forward
Series: Routledge-ERIA Studies in Development Economics
East Asian nations through the dialogue between ASEAN and its partners have been promoting energy market integration (EMI) for a decade. The formation of the East Asian Summit (EAS) group in 2005 adds new momentum to the EMI course in the region. The objective of this edited volume is to present...
To Be Published October 27th 2013 by Routledge