Synopsis
This text combines tried-and-true patterns with an innovative approach. It begins with a more general theoretical and historical discussion of economics systems and then presents sections that discuss several case studies of each broad category. Two specific elements differentiate this text from its predecessors-New Traditional Economy and Continuity versus Discontinuity in Systemic Evolution. Both are overdue in acomparative economics text and have been well received by reviewers. This is the only comparative economics text on the market that discusses the economics of Islam. There are also chapters on Iran,Korea,Mexico,Yugoslavia,Poland,unified Germany,and the former Soviet Union.
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From the Inside Flap
"Rosser and Rosser’s wide ranging book provides an engrossing and up-to-date introduction, not just to capitalism and socialism in their various forms, but also to the 'new traditionalism,' as found in such countries as Iran. Their emphasis on the political and religious factors complementing particular economic forces in shaping economic institutions is particularly insightful." --Frederic L. Pryor, Senior Research Scholar, Swarthmore College
"With the fall of Soviet Union, the cold war debate on socialism vs. capitalism is out, and the discourse on the systemic approach to public policy is in. Barkley and Marina Rosser's presentation of the mosaic of world economic systems is theoretically rigorous and factually interesting. It challenges students analytically and offers them a new vantage point for examining the complexities of our societies. It is an attractive textbook, and a good read!" --Sohrab Behdad, Professor and John E. Harris Chair in Economics, Denison University
"With the collapse of communism, economics has struggled to redefine itself and find a new direction. In this book the Rossers push for an economics that is exceedingly relevant for understanding the ongoing changes in the global economy. They weave together theory and history to explain socialism's origins, inner workings, collapse, and transformation, as well as alternative paths in Western Europe and Asia. I highly recommend this book for undergraduate and graduate courses in comparative economic systems and political economy." --Peter J. Boettke, Deputy Director, James M. Buchanan Center for Political Economy, George Mason University
"This text is an outstanding achievement in a field that has been in flux since the epochal changes in Russia and Eastern Europe. The authors demonstrate the continuing relevance of the comparative-systems approach by illustrating the extraordinary diversity in contemporary societies, from the market socialism of China to the worker-managed socialism of Slovenia to the new social arrangements in 'traditional' societies such as Iran. This is an important text that greatly improves the choices for systems courses." --Satyananda J. Gabriel, Department of Economics, Mount Holyoke College
About the Author
Marina V. Rosser is Professor of Economics at James Madison University.
J. Barkley Rosser, Jr., is Professor of Economics at James Madison University.
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