Starting from a distinction made by the American philosopher, John Rawls, in 2000 between two kinds of liberalism, "liberalism of freedom" and "liberalism of happiness," this book presents a range of articles by economists and philosophers debating the most fundamental aspects of the subject. These include the exact significance of Rawls' distinction and how it can be related to European political philosophy on the one hand and to utilitarianism on the other hand; the various definitions of happiness and freedom and their implications and the informational basis of individual preferences. The...
Starting from a distinction made by the American philosopher, John Rawls, in 2000 between two kinds of liberalism, "liberalism of freedom" and "libera...
This is a ground-breaking book about the foundations of institutional economics. K. William Kapp presents the economic role of institutions for economic development, capital formation and technological dynamics in an easily accessible and comprehensive manner. As a front-rank 20th century institutional economist, Kapp pulls together arguments from a variety of sources, including Thorstein Veblen, John Kenneth Galbraith and Gunnar Myrdal, all of which emphasize the crucial role of institutions. The author cements institutional economics as a distinct and coherent framework of analysis to...
This is a ground-breaking book about the foundations of institutional economics. K. William Kapp presents the economic role of institutions for econom...
This book is about the causes and consequences of economic inequality in the advanced market economies of today. It is commonplace that in market systems people choose their own individual economic destinies, but of course the choices people make are importantly determined by the alternatives available to them: economic disparity arises mainly from unequal opportunity. Yet this merely begs the question; from whence do the vast existing inequalities of opportunity arise? This book theorizes power and social class as the real crux of economic inequality.
Most of mainstream...
This book is about the causes and consequences of economic inequality in the advanced market economies of today. It is commonplace that in market s...
This book contains a selection of some of the most recent contributions to the critique of mainstream economic theory and policy, and discusses the origins and possible evolutions of the current economic crisis. The collection should be of interest to students and researchers focussing on macroeconomics, monetary economics, political economy and financial economics
This book contains a selection of some of the most recent contributions to the critique of mainstream economic theory and policy, and discusses the or...
Political Economy of Human Rights is the first complete text covering and discussing human rights from a political economy perspective. Confronting international human rights with both global and local economic-political realities, this book entails a full shake-up of the UN led mission for human rights and the national strategies linked to it. It approaches human rights as not just legal resources but political tools as well, aimed at not only protection of existing freedoms and entitlements but also transformation of "disabling" environments. This implies a shift in the...
Political Economy of Human Rights is the first complete text covering and discussing human rights from a political economy perspective. Co...
This re-incorporation of economics into political economy is one (small, but not insignificant) element in a larger project: to place all of the resources of present-day social-scientific research at the service of increasing democracy, in an ultimate direction toward socialism in the classic sense. An economics-enriched political economy is, above all, empowering: working people in general can calculate, build models, think theoretically, and contribute to a human-worthy future, rather than leaving all this to their betters.
This re-incorporation of economics into political economy is one (small, but not insignificant) element in a larger project: to place all of the resou...
This text represents the first 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.
This text represents the first of three volumes offering a complete reinterpretation and restructuring of Keynesian macroeconomics and a detailed inve...
This volume brings together an international set of authors and presents critical thinking in the area of comparative capitalism, asking how processes of systemic experimentation and change contribute to diversity within national varieties of capitalism and why diversity is bounded.
This volume brings together an international set of authors and presents critical thinking in the area of comparative capitalism, asking how processes...
This book is an investigation into the economic policy formulation and practice of neoliberalism in Britain from the 1950s through to the financial crisis and economic downturn that began in 2007-8. It demonstrates that influential economists, such as F.A. Hayek and Milton Friedman, authors at key British think tanks such as the Institute of Economic Affairs and the Centre for Policy Studies, and important political figures of the Thatcher and New Labour governments shared a similar conception of the consumer. For neoliberals, the idea that consumers were weak in the face of businesses and...
This book is an investigation into the economic policy formulation and practice of neoliberalism in Britain from the 1950s through to the financial cr...
In the course of this book it is argued that the loss of what is essentially 'macro' in Keynes is the result of a preference for a form of equilibrium analysis that gives unqualified support to the ideology of free markets.
In the course of this book it is argued that the loss of what is essentially 'macro' in Keynes is the result of a preference for a form of equilibrium...