In recent years, there has been widespread criticism of mainstream economics. This has taken many forms, from methodological critiques of its excessive formalism, to concern about its failure to connect with many of the most pressing social issues. This series provides a forum for research which is developing alternative forms of economic analysis. Reclaiming the traditional 'political economy' title, it refrains from emphasising any single school of thought, but instead attempts to foster greater diversity within economics.
By Wm. Dennis Huber
January 29, 2024
Ever since Marx, the future of capitalism has been fiercely debated. Marx and his followers predicted capitalism will end by violent overthrow, while others prophesied its demise will be the result of collapsing under its own weight. Still others argue that capitalism will not only continue to ...
By Victor A. Beker
January 29, 2024
In the work of most classical economists – including Smith and Keynes – theory was often embedded in application. But from the second half of the last century on, mainstream economics styled itself as "pure" economics, where the theory is presented in a very abstract form detached from any ...
By Raju J Das
January 29, 2024
Marx’s Capital, Capitalism and Limits to the State examines the capitalist state in the abstract, and as it exists in advanced capitalism and peripheral capitalism, illustrating the ideas with evidence from the North and the South. The volume unpacks the capitalist state’s functions in relation to...
By Laurent Dobuzinskis
January 29, 2024
Providing an account of the development of economic thought, this book explores the extent to which economic ideas are rooted in moral values. Adopting an approach rooted in ‘pragmatism’, the work explores key questions which have been considered by economists since the classical political ...
By Taner Akan, Halil İbrahim Gündüz
January 05, 2024
This book introduces a new and original analytic approach to defining, understanding, and explaining financialization. It provides a precise and quantifiable definition of financialization, disaggregating financialization into its three varieties. These are examined through the lens of financial ...
By Daniil Frolov
December 19, 2023
Modern institutional economics was created to study the institutions of pre-digital economies and is based on reductionist approaches. But digital capitalism is producing institutions of unprecedented complexity. This book argues, therefore, that not only the economic institutions themselves but ...
By Helena Lopes, Christophe Clerc
December 12, 2023
An alternative theory of the firm is needed that helps better understand the nature and actual functioning of firms as well as the challenges raised by digital platform firms. In defining firms as economic collective ventures organised by political means, this book offers a “political economy” ...
Edited
By István Benczes
December 05, 2023
Providing a comparative analysis of Central and Eastern European economies, this book explores the economic impacts of populism in those countries in the region which have seen some form of populist rule. Populism has been thriving in the new member states of the EU ever since the outburst of the ...
Edited
By Ariane Agunsoye, Thoralf Dassler, Eurydice Fotopoulou, Jonathan Mulberg
December 05, 2023
From the financial crash to the climate emergency and Covid- 19, this book demonstrates that recent crises have had unequal impacts, they require a heterodox approach to economics for their understanding, and new ways of thinking are needed to address them. Drawing on a variety of heterodox and ...
By Diego Ayala
December 05, 2023
In the 1950s and 1960s, Spain underwent one of the most rapid processes of economic development the world had ever seen. Most existing analyses of this process explain the “Spanish Miracle” as a product of the unleashing of market forces and of changes in economic policy made by the Franco regime ...
By Tony Aspromourgos
December 01, 2023
This book focuses on the interrelationship between nature and the human economy. Building upon his decades of research into classical and Keynesian economics, Tony Aspromourgos here turns his attention to the interrelationship between nature and the human economy. The result is a tightly argued, ...
Edited
By Caroline Moraes, Morven G. McEachern, Deirdre O'Loughlin
November 30, 2023
Poverty is a complex global challenge rooted in intertwined social, economic and political factors, which excludes people from participating fully in normalised social and market-based activities. The COVID-19 pandemic has exacerbated poverty-related issues such as food insecurity, and growing ...