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Full Description
This second edition of The Routledge Handbook of Heterodox Economics presents a comprehensive overview of the latest work on economic theory and policy from a pluralistic heterodox perspective.
The Handbook aims, firstly, to provide realistic and coherent theoretical frameworks to understand the capitalist economy. Secondly, it delineates future directions, as well as the current state, of heterodox economics, and then provides both 'heat and light' on controversial issues, drawing out the commonalities and differences among different heterodox economic approaches. The Handbook also envisions transformative economic and social policies for populations across society and explains why the discipline of economics is, and should be treated as, a social science. Contributions throughout the Handbook's two volumes explore several theoretical perspectives, including but not limited to: Marxian-radical political economics; Post Keynesian-Sraffian economics; institutionalist-evolutionary economics; feminist economics; social economics; Régulation theory; the Social Structure of Accumulation approach; and ecological economics.
This Handbook will be of compelling interest to those, including students, who wish to learn about economic theories and policies that are rarely found in conventional economics textbooks or discussed in the mainstream media, and to critical economists and other social scientists who are concerned with analyzing pressing socio-economic issues.
Contents
Part I. Introduction 1. The state of the art and challenges for heterodox economics Tae-Hee Jo, Lynne Chester, and Carlo D'Ippoliti Part II. Foundations 2. The social provisioning process Tae-Hee Jo and Zdravka Todorova 3. Critical realism and economics Nuno Ornelas Martins 4. The micro-macro link in heterodox economics Claudius Gräbner-Radkowitsch and Jakob Kapeller 5. The methods and methodologies of heterodox economics Łukasz Hardt Part III. Theoretical cores 6. The social surplus approach: historical origins and present state Nuno Ornelas Martins 7. The systems of provision approach Mary Robertson 8. Accumulation regimes: new insights Agnès Labrousse and Sandrine Michel 9. Monetary theories of production Marco Veronese Passarella 10. The principle of effective demand in the short and the long run: Marx, Kalecki, Keynes, and beyond Eckhard Hein 11. Heterodox theories of value: a brief history Ajit Sinha 12. Theories of prices and alternative economic paradigms Carlo D'Ippoliti 13. Theories of pricing Nobantu Mbeki 14. Heterodox theories of distribution Scott Carter 15. Theories of investment, financing, and profits Sara Feiner Solís and Jordan Melmiès Part IV. The anatomy of capitalism 16. Society and its institutions John F. Henry 17. Social class Eleni Papagiannaki 18. Heterodox economics and theories of interactive agency Mary Wrenn 19. The processes, provisioning, and hierarchies of households Zdravka Todorova 20. Heterodox perspectives on the state Roberto R. Simiqueli 21. The political economy of trade unions under capitalism Jim Standford 22. The business enterprise: a heterodox approach Tae-Hee Jo 23. The business enterprise: perspectives from accounting, economics, and law Yuri Biondi 24. Heterodox theories of business competition and market governance Tuna Baskoy 25. A Marxian understanding of the nature and form of dominant capitalist legal institutions Lorraine Talbot 26. Money and monetary regimes Pavlina R. Tcherneva 27. Banks in developing countries Radha Upadhyaya 28. Shadow banking Benjamin Wilhelm Index
