This is a collection of original essays by leading critical economists and policy analysts addressing the importance of social structures and institutions to the functioning of real-world economies and the formulation of economic policy. Num Pages: 352 pages, figures, bibliographies, index, tables. BIC Classification: KCA. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 229 x 152 x 25. Weight in Grams: 544. . 2001. 1st Edition. hardcover. . . . . Books ship from the US and Ireland.

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Bibliographic Details

Title: Power, Employment and Accumulation: Social Structures in Economic Theory and Policy
Publisher: Routledge
Publication Date: 2001
Language: English
ISBN 10: 0765606305
ISBN 13: 9780765606303
Binding: Hardcover
Condition: New

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Synopsis

This book provides an interesting and refreshing collection of economic research conducted in the broadly heterodox tradition. A variety of topical issues are addressed, including labor market inequalities, welfare reform, interest rate policies, international trade, and global financial instability. What unites these diverse essays is their common perspective that social institutions and structures "matter" to the performance of economies, and hence should receive more attention from economists. Conventional economic thought focuses unduly on the functioning of so-called "free-markets." The persistent influence of social structures, institutions and practices - and the unequal extent to which differing social constituencies are able to exert power through those structures - often receives short shrift in this traditional research. However, this volume makes a significant contribution by helping to reverse this trend. The chapters, all written by top economists from around North America, address a range of topical issues, utilizing a rich variety of methodological techniques from empirical investigations to game theory and opinion surveys. Furthermore, the book, which is dedicated to the memory of David M. Gordon, has as its unifying theme the incorporation of structural analysis into economic science - an important goal for academics and students alike.

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Jim Stanford, Lance Taylor, Brant Houston

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