Contemporary Issues in Heterodox Economics (Routledge Advances in Heterodox Economics)

ISBN 10: 0367509105 / ISBN 13: 9780367509101

Published by Routledge, 2022

About this Item

Seller Inventory # 401358771

Bibliographic Details

• Title: Contemporary Issues in Heterodox Economics (Routledge Advances in Heterodox Economics)
• Publisher: Routledge
• Publication Date: 2022
• Language: English
• ISBN 10: 0367509105
• ISBN 13: 9780367509101
• Binding: Soft cover
• Condition: New

About this title

Synopsis

Heterodox economics can provide a more complete and robust explanation of economic realities than orthodox (or mainstream) economics. Contemporary Issues in Heterodox Economics: Implications for Theory and Policy Action argues that this greater explanatory power gives heterodox economics the ability to illuminate appropriate policy for the major crises of our time, as well as proffer the basis for a more rounded, pluralist approach to economic theory.

The chapters in this wide-ranging volume address some of the key issues facing the global economy, including the growing disparity of income/wealth between persons and economic areas, environmental degradation, issues associated with employment, and the regularity of economic/financial crises. The authors examine potential policy responses such as modern monetary theory, models of public ownership, and the need to move beyond standard concepts of growth. They also explore the deficiencies of orthodox economics, and contend that a more pluralist approach to economics is required in the public sphere, in academia, and in the classroom in order to help face the challenges of the twenty-first century.

This book is invaluable reading for students and scholars across the social sciences who are interested in alternatives to mainstream economic thinking.

About the Author

Arturo Hermann is Primo Ricercatore at the Italian National Institute of Statistics (ISTAT), Italy.

Simon Mouatt is Emeritus Associate Professor in Economics at Solent University, UK.