1st Edition

Reconstructing Political Economy The Great Divide in Economic Thought

By William K. Tabb Copyright 1999
    296 Pages
    by Routledge

    304 Pages
    by Routledge

    This volume offers an original perspective on the questions the great economists have asked and looks at their significance for todays world. Written in a provocative and accessible style, it examines how the diverse traditions of political economy have conceptualised economic issues, events and theory. Going beyond the orthodoxies of mainstream economics it shows the relevance of political economy to the debates on the economic meaning of our times.
    Reconstructing Political Economy is a timely and thought-provoking contribution to a political economy for our time. In this light it offers fresh insights into such issues as modern theories of growth, the historic relations between state and market and the significance of globalisation for modern societies.

    1 The two cultures in economics 2 Of dialogic debates and the uncertain embrace 3 Contestation and canonicity: the Adam Smith problem 4 The legacies of classical political economy 5 Marx and the long run 6 The neoclassical (counter) revolution 7 Heterodoxy and holism 8 Keynes and the world turned upside down 9 The last half-century in the mainstream 10 Theorizing economic growth 11 From equilibrium into history

    Biography

    William K.Tabb is Professor of Economics and Political Science at Queens College and the Graduate Center of the City University of New York. He is the author of The Japanese System: Cultural Economy and Economic Transformation, The Political Economy of the Black Ghetto; and co-editor of Instability and Change in the World Economy.

    'This is a stirring and critical account of the evolution of economic thought during the last two and a half centuries...remarkably readable, amply documented, containing a vast literature of circa 800 references, all in a style that is highly critical without being unjustly provocative.' - History of Economic Ideas

    He presents some interesting speculation on the new economics to which a new economic situation may lead. He surveys the history of economic thought in a manner that contrasts refreshingly with conventional treatments. - David R. Andrews, Cazenovia College, USA for the Review of Radical Political Economics