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Routledge Frontiers of Political Economy


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Economics for an Information Age: Money-Bargaining, Support-Bargaining and the Information Interface

Economics for an Information Age: Money-Bargaining, Support-Bargaining and the Information Interface

1st Edition

Patrick Spread
October 25, 2018

Economics for an Information Age examines the central role of information within economics and society. The neoclassical economic model, taught as ‘mainstream economics’ in universities around the world, relies on a mathematical model of ‘resource allocation’ in which private advantage gives rise...

The Continuing Imperialism of Free Trade: Developments, Trends and the Role of Supranational Agents

The Continuing Imperialism of Free Trade: Developments, Trends and the Role of Supranational Agents

1st Edition

Jo Grady, Chris Grocott
October 23, 2018

In 1953, John Gallagher and Ronald Robinson shook the foundations of imperial history with their essay ‘The Imperialism of Free Trade’. They reshaped how historians saw the British empire, focussing not on the ‘red bits on the map’ and the wishes of policy makers in London, but rather on British...

The Social Construction of Rationality: Policy Debates and the Power of Good Reasons

The Social Construction of Rationality: Policy Debates and the Power of Good Reasons

1st Edition

Onno Bouwmeester
October 18, 2018

There are many different forms of rationality. In current economic discourse the main focus is on instrumental rationality and optimizing, while organization scholars, behavioural economists and policy scientists focus more on bounded rationality and satisficing. The interplay with value...

Of Synthetic Finance: Three Essays of Speculative Materialism

Of Synthetic Finance: Three Essays of Speculative Materialism

1st Edition

Benjamin Lozano
September 18, 2018

Synthetic finance revolutionizes materialism such that we can now create wealth in the process of universally distributing it. While financial innovation in global capitalism provided the conditions for the 2008 financial crisis, it has also engineered a set of financial technologies with universal...

Free Cash, Capital Accumulation and Inequality

Free Cash, Capital Accumulation and Inequality

1st Edition

Craig Allan Medlen
September 13, 2018

Investment is the engine of growth. In consequence, the social welfare of the populace depends on the expectations of uncertain profitability as understood by the agents of a wealthy few who decide upon levels of investment. As private wealth is intimately tied to the investment process, the...

Supranational Political Economy: The Globalisation of the State–Market Relationship

Supranational Political Economy: The Globalisation of the State–Market Relationship

1st Edition

Guido Montani
September 10, 2018

With the ending of the Cold War and the rise of a nationalistic ‘America First’ strategy, the post-war liberal international order, based upon the hegemonic power of the USA, is fading away. In its place, a multipolar world is emerging which, while offering some the hope of a better future, is also...

Ethics and Economic Theory

Ethics and Economic Theory

1st Edition

Khalid Mir
September 10, 2018

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...

Capitalism and the Political Economy of Work Time

Capitalism and the Political Economy of Work Time

1st Edition

Christoph Hermann
August 23, 2018

John Maynard Keynes expected that around the year 2030 people would only work 15 hours a week. In the mid-1960s, Jean Fourastié still anticipated the introduction of the 30-hour week in the year 2000, when productivity would continue to grow at an established pace. Productivity growth slowed down...

The Problem of Political Trust: A Conceptual Reformulation

The Problem of Political Trust: A Conceptual Reformulation

1st Edition

Grant Duncan
August 21, 2018

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...

New Financial Ethics: A Normative Approach

New Financial Ethics: A Normative Approach

1st Edition

Aloy Soppe
August 14, 2018

Following the internationalisation, globalisation and deregulation of the financial market over the last few decades, the financial sector has evolved from a servicing industry into an initiating and leading sector in the international industrialised economy. The power of the financial sector,...

The Responsible Economy

The Responsible Economy

1st Edition

Jefferson Frank
August 09, 2018

After the ‘financial crisis’ and ‘Great Recession’, some have called for replacing standard economic theory by heterodox models based upon behavioural approaches. The Responsible Economy argues that there is nothing wrong with economic theory. Instead, the problem has been a ‘devil’s pact’ of...

Inequality in Financial Capitalism

Inequality in Financial Capitalism

1st Edition

Pasquale Tridico
July 27, 2018

Recently, the issue of inequality has regained attention in the economic and political debate. This is due to both an increase in income inequality, in particular among rich countries, and an increasing interest in this issue by researchers and politicians. In the last three decades, income...

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