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The theory of costs is a cornerstone of economic thinking, and figures crucially in the study of human action and society. From the first day of a principles-level course to the most advanced academic literature, costs play a vital role in virtually all behaviors and economic outcomes. Edited by Kenneth W.

For over years, economics was studied in the West as a branch of ethics, or moral philosophy. Presently, though, few economists and no textbook in economic orthodoxy claim any close connection between economic science and philosophy. The neo-Weberian state constitutes an attempt to combine the Weberian model of administration with the principles laid down during the retreat from the bureaucratic management paradigm new public management and public governance.

The concept of neo-Weberian state involves changing the model of…. Since the early 20th century, economics has been the dominant discourse in English-speaking countries, displacing Christian theology from its previous position of authority. This path-breaking book is a major contribution to the interdisciplinary dialogue between economics and religion. By Antonino Palumbo , Alan Scott. Given the global and persistent influence of neoliberal ideas on contemporary styles of governance, social-service provision, and public policy, this intensive interest is….

There is evidence that economic fraud has, in recent years, become routine activity in the economies of both high- and low-income countries. Many business sectors in today's global economy are rife with economic crime. Neoliberalism and the Moral Economy of Fraud shows how neoliberal policies,…. The financialization, globalization and industrialization of our food systems make it increasingly difficult to access quality fresh food.

In fact, the industrialized global food system is creating products that are less food-like, engendering growing questions about the health and safety of our…. In this age of overlapping and mutually reinforcing deep global crises financial convulsions, global warming, mass migrations, militarism, inequality, selfish nation-states, etc.

Money is usually understood as a valuable object, the value of which is attributed to it by its users and which other users recognize.

Routledge Frontiers of Political Economy

This book offers an interpretation of…. Most economic theory assumes a pure capitalism of perfect competition. Even when it is recognized that this does not exist, many politicians and captains of industry pay a great deal of lip service to the idea of the market. This book goes beyond the rhetoric to explore how, even in the United…. Edited by Richard Westra. Rapid and sustained growth in the twenty-first-century global economy of large developing economies including Brazil, Russia, India, China, and South Africa, has captivated policy-makers and popular business press pundits alike.

The doctrine of "free trade" is second only to that of "free markets" in undergirding ideological support for our current global economic structures and rules.

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The most prominent aspect of the current financial crisis is its systemic character which manifests itself in high levels of inequality, rampant unemployment, economic and social insecurity and environmental decay. This book explores the potential of a pluralistic and interdisciplinary approach for…. Export Credit Agencies provide insurance and guarantees to domestic firms in the event that payment is not received from an importer. Thus, ECAs reduce uncertainties domestic firms face in exporting their goods.

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Most countries have ECAs that operate as official or quasi-official branches of their…. The consequences of the global economic crisis which started in the United States in are still being felt in most of the advanced economies, and the mainstream tools of recovery are not having the required results. It seems that many of the after-effects of the crisis, including the…. Marx claims that unselfishness is a child of workplace culture, whereas the gene is selfish. If Marx is right then the prerequisite for overthrowing capitalism is a system which both leverages selfishness and creates solidarity between workers.

This book illustrates and discusses the major points…. Routledge Frontiers of Political Economy In recent years, there has been widespread criticism of mainstream economics. Capitalizing on Political Disagreement The Case for Polycentric Democracy By Julian Muller In a discipline such as political philosophy, disagreement about facts and norms is seen as a problem not only of pure theory, but also as a predicament that fundamentally endangers the stability of society.

Cognitive Capitalism, Welfare and Labour The Commonfare Hypothesis By Andrea Fumagalli , Stefano Lucarelli , Carlo Vercellone , Alfonso Giuliani This book considers the transformations of both accumulation processes and labour in the transition from a Fordist to a cognitive capitalism paradigm, with specific regard to Western economies. As private wealth is intimately tied to the investment process, the… Hardback — Routledge Routledge Frontiers of Political Economy.

In its place, a multipolar world is emerging which, while offering some the hope of a better future, is also… Hardback — Routledge Routledge Frontiers of Political Economy. These assumptions, that economic agents are rational, self-interested individuals, continue to influence the teaching of… Hardback — Routledge Routledge Frontiers of Political Economy.

Routledge Frontiers of Political Economy

The Problem of Political Trust A Conceptual Reformulation By Grant Duncan 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. New Financial Ethics A Normative Approach By Aloy Soppe 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.

Inequality in Financial Capitalism By Pasquale Tridico Recently, the issue of inequality has regained attention in the economic and political debate. Economics, Ethics and Power From Behavioural Rules to Global Structures By Hasse Ekstedt Economic theory in its neoclassical form is sometimes regarded as free from values; it is simply the theory of economic exchange. But in the real world, away from neoclassical models, there is no… Hardback — Routledge Routledge Frontiers of Political Economy.

The Economic Ideas of Marx's Capital Steps towards post-Keynesian economics By Ludo Cuyvers Nearly two hundred years have passed since the birth of Karl Marx and continuing to this day the influence of his economic views, insights and theories can still be felt. However, since the publication of Das Kapital, the scientific community has not been sitting idle — it is time to evaluate Marx… Paperback — Routledge Routledge Frontiers of Political Economy.

A New Economics for Modern Dynamic Economies Innovation, uncertainty and entrepreneurship By Angelo Fusari It is becoming increasingly clear that a new economics is required for investigating modern dynamic economies and the coming social world.

Capitalism Routledge Frontiers of Political Economy

The Case for Polycentric Democracy. The Dark Places of Business Enterprise: Reinstating Social Costs in Institutional Economics. Dynamics, Construals and Lessons. The Social Construction of Rationality: Policy Debates and the Power of Good Reasons. Economics for an Information Age: The Continuing Imperialism of Free Trade: Developments, Trends and the Role of Supranational Agents. Thomas Piketty recently explored the global impact of spiralling inequality in his book Capital in the Twenty-First Century.

This new book aims to address a key area not covered by Piketty: Global shifts in the gender distribution of In a discipline such as political philosophy, disagreement about facts and norms is seen as a problem not only of pure theory, but also as a predicament that fundamentally endangers the stability of society. Not surprisingly, then, philosophers regard the pervasive political disagreements in modern This book is set against the assumption that humans' unique feature is their infinite creativity, their ability to reflect on their deeds and to control their actions.

These skills give rise to genuine uncertainty in society and hence in the economy. In this book Manuel Couret Branco shows how…. The failure of command central planning in the twentieth century has led to a general disillusionment within the socialist movement worldwide. Some alternatives to capitalism have been proposed since the end of the Cold War, but none has offered an alternative form of economic calculation. This volume, a companion to Money, Macroeconomics and Keynes, represents both consolidation and the breaking of new ground in Keynesian methodology and microeconomics by leading figures in these fields.

Denzau , Ravi K. The elections of Bill Clinton and Tony Blair in the s saw the consolidation and completion of critical aspects of the Reagan-Thatcher fiscal agenda. This impressive book critically analyzes this process.

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It has been previously thought that this process of adopting common fiscal policies was…. Normative Political Economy explores the criteria we use for judging economic institutions and economic policy. It argues that prevailing criteria lack sufficient depth in their understanding of subjective experience. David Levine's arguments cover topics which include: Edited by Michael Keaney.

Galbraith's arguments are discussed by a group of economists in regards to current controversies and problems. Topics covered range from globalization and the role of the state to redistributive economic policies. The result is a collection that pays tribute to one of the most prominent, and yet…. Edited by Marina Bianchi. The Active Consumer discusses how consumers seem to delight in trying new solutions and exploring new combinatory possibilities. This book provides an economic-theoretical understanding of this phenomenon and the many ways in which innovation can structure consumer choice.

The authors show from…. This volume presents a comprehensive assessment of the economic effects of the emerging information and communication technologies associated with a knowledge-based economy, and looks at how knowledge is increasingly treated as a product in its own right. An original framework is developed to…. By James R Wible. Science is difficult and costly to do well. This study systematically creates an economics of science. Many aspects of science are explored from an economic point of view. The scientist is treated as an economically rational individual.


This book begins with economic models of misconduct in science…. Edited by Roy Rotheim. The New Keynesian Economics has been the most significant development in economics in recent years. Does it actually build upon Keynes' work? In this volume, leading post Keynesian economists challenge New Keynesianism both on the grounds that it is not Keynesian, and does not provide an adequate…. This volume, along with its companion volume, Methodology, Microeconomics and Keynes is published in honour of Victoria Chick, inspired by her own contributions to knowledge in all of these areas and their interconnections.

It represents both consolidation and the breaking of new ground in…. The notion that there is no alternative to capitalism emerged after the fall of the Berlin Wall and made rapid headway due to increasing economic globalisation. More recently, this belief that there is no viable alternative has held firm despite the financial crisis, high unemployment levels and an…. Capital as a Social Kind provides an introduction to social kinds in social theory. Thinking about kinds, the way we sort the things of the world into categories -- water, for example, is a natural kind — has made an important contribution to our understanding of science in the last half century,….

By Omar Hamouda , Robin Rowley. Notions of probability and uncertainty have been increasingly prominant in modern economics.

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This book considers the philosophical and practical difficulties inherent in integrating these concepts into realistic economic situations. It outlines and evaluates the major developments, indicating where…. Edited by Emiliano Brancaccio , Giuseppe Fontana. Why did the economists of the so-called "mainstream" seem to fail to foresee the global economic crisis that exploded in ? And why do they appear to have difficulty in putting forward an interpretation of it that is consistent with the theoretical foundations of their models?

The aim of the book is to stimulate the realignment of political, theoretical and philosophical thinking that is now beginning in response to global warming. The author provides an examination of the theories of the most prominent social philosophers of the 19th and 20th centuries — Karl Marx…. This book investigates the interaction of effective goods demand with the wage-price spiral, and the impact of monetary policy on financial and the real markets from a Keynesian perspective.

Endogenous business fluctuations are studied in the context of long-run distributive cycles in an advanced,…. Despite decades of empirical happiness research, there is still little evidence for the positive effect of economic growth on life satisfaction. This poses a major challenge to welfare economic theory and to normative conceptions of socio-economic development.

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This book endeavours to explain these…. A PDF version of this book is available for free in open access via www. Routledge Frontiers of Political Economy In recent years, there has been widespread criticism of mainstream economics. Political economy on the contrary considers the labour… Paperback — Routledge Routledge Frontiers of Political Economy. The Political Economy of the Small Firm By Charles Dannreuther , Lew Perren For many, small firms are everyday realities of the economy and visible in every high-street and industrial estate.

This volume brings together a number of contributors at the cross section between economics, theology,… Paperback — Routledge Routledge Frontiers of Political Economy. Liberal Learning and the Art of Self-Governance Edited by Emily Chamlee-Wright Concerns over affordability and accountability have tended to direct focus away from the central aims of liberal learning, such as preparing minds for free inquiry and inculcating the habits of mind, practical skills, and values necessary for effective participation in civil society.

Market Drive and Governance Re-examining the Rules for Economic and Commercial Contest By Ralf Boscheck Corporate moves towards focused production and outsourcing, governmental reforms involving privatization and deregulation and the globalization of trade and investments promise large efficiency gains. However, the necessary coordination mechanisms call for regulatory approval and policy guidelines… Paperback — Routledge Routledge Frontiers of Political Economy. Reconstructing Keynesian Macroeconomics Volume 3 Macroeconomic Activity, Banking and Financial Markets By Carl Chiarella , Peter Flaschel , Willi Semmler This book represents the third of three volumes offering a complete reinterpretation and restructuring of Keynesian macroeconomics and a detailed investigation of the disequilibrium adjustment processes characterizing the financial, the goods and the labour markets and their interaction.