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Routledge Frontiers of Political Economy


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Understanding Financial Crises

Understanding Financial Crises

1st Edition

Forthcoming

Ensar Yılmaz
July 31, 2020

Incorporating a broad range of economic approaches, Understanding Financial Crises explores the merits of various arguments and theories which have been used to explain the causes of financial crises. The book explores eight of these different explanations: under-consumption, debt accumulation,...

The Informal Economy: Measures, Causes, and Consequences

The Informal Economy: Measures, Causes, and Consequences

1st Edition

Forthcoming

Ceyhun Elgin
July 31, 2020

The Informal Economy: Measures, Causes, and Consequences provides a comprehensive account of the economics of informality through the lenses of various economic perspectives. Although informal economic activity is widespread all around the world, many issues around its nature and consequences...

Markets, Community and Just Infrastructures

Markets, Community and Just Infrastructures

1st Edition

Forthcoming

Nancy Neiman
July 23, 2020

A series of market-related crises over the past two decades – financial, environmental, health, education, poverty – reinvigorated the debate about markets and social justice. Since then, counter-hegemonic movements all over the globe are attempting to redefine markets and the meaning of economic...

Global Imbalances and Financial Capitalism: Stock-Flow-Consistent Modelling

Global Imbalances and Financial Capitalism: Stock-Flow-Consistent Modelling

1st Edition

Forthcoming

Jacques Mazier
May 22, 2020

The past few decades have witnessed the emergence of economic imbalances at the world level and within the euro zone. The failure of mainstream economics to accurately predict financial crises, or model the effects of finance-led growth, highlights the need for alternative frameworks. A key text,...

Ethics and Economic Theory

Ethics and Economic Theory

1st Edition

Khalid Mir
April 01, 2020

This book takes a multi-disciplinary critique of economics’ first principles: the fundamental and inter-related structuring assumptions that underlie the neo-classical paradigm. These assumptions, that economic agents are rational, self-interested individuals, continue to influence the teaching of...

The Problem of Political Trust: A Conceptual Reformulation

The Problem of Political Trust: A Conceptual Reformulation

1st Edition

Grant Duncan
April 01, 2020

Trust has been the subject of empirical and theoretical inquiry in a range of disciplines, including sociology, economics, psychology, philosophy, public policy and political theory. The book approaches trust from a multi-disciplinary scope of inquiry. It explains why most existing...

The End of Individualism and the Economy: Emerging Paradigms of Connection and Community

The End of Individualism and the Economy: Emerging Paradigms of Connection and Community

1st Edition

Ann E. Davis
February 13, 2020

Individualism has been one of the driving forces in the rise of modern capitalism, and methodological individualism has been dominant in social science for many years. In this paradigm the economy is seen as a machine to routinize production and improve efficiency, and the discipline of...

Profit, Accumulation, and Crisis in Capitalism: Long-term Trends in the UK, US, Japan, and China, 1855–2018

Profit, Accumulation, and Crisis in Capitalism: Long-term Trends in the UK, US, Japan, and China, 1855–2018

1st Edition

Minqi Li
February 12, 2020

Karl Marx hypothesized that there is a long-term tendency for the profit rate to fall in capitalist economies. Immanuel Wallerstein hypothesized that capitalist development tends to drive up labor cost, material cost, and taxation cost. This book evaluates Marx’s and Wallerstein’s hypotheses by...

Macroeconomic Measurement Versus Macroeconomic Theory

Macroeconomic Measurement Versus Macroeconomic Theory

1st Edition

Merijn Knibbe
December 11, 2019

Ideally, scientific theory and scientific measurement should develop in tandem, but in recent years this has not been the case in economics. There used to be a time when leading economists, or their students, established or led statistical offices and took care that the measurements were consistent...

The Origins of Capitalism as a Social System: The Prevalence of an Aleatory Encounter

The Origins of Capitalism as a Social System: The Prevalence of an Aleatory Encounter

1st Edition

John Milios
December 06, 2019

Economists, historians and social scientists have offered a variety of conflicting answers to the issue of the beginnings of capitalism and these deviating answers imply different conceptualizations of what capitalism actually is. This book provides a simultaneous inquiry into the origins of...

Hayek’s Market Republicanism: The Limits of Liberty

Hayek’s Market Republicanism: The Limits of Liberty

1st Edition

Sean Irving
December 04, 2019

Friedrich Hayek was the 20th century’s most significant free market theorist. Over the course of his long career he developed an analysis of the danger that state power can pose to individual liberty. In rejecting much of the liberal tradition’s concern for social justice and democratic...

The Political Economy of Prosperity: Successful Societies and Productive Cultures

The Political Economy of Prosperity: Successful Societies and Productive Cultures

1st Edition

Peter Murphy
October 30, 2019

Why do some nations and cities attain high levels of economic and social prosperity? What makes them so successful? The kinds of factors habitually cited in answer to these questions explain why nations improve their economic and social performance but not why a small group of nations (or cities)...

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