In recent years there has been a growing dissatisfaction with standard economic theorizing which has fostered the development of alternative ways of understanding how economies actually work. Too often though, these approaches have been developed in isolation, or even in opposition to each other. This work demonstrates that the different heterodox approaches to economics have much to learn from each other. Economists working within different paradigms, including post-Keynesian, Marxism and neo-Ricardian economics address a wide range of issues in methodology, the history of economics, theory...

Governments in the US, the UK and other nations around the world routinely consider and, in some cases, experiment with reforms of their income support systems. The basic income guarantee, a universal unconditional income grant, has received increasing attention from scholars as an alternative to the kinds of reforms that have been implemented. This book explores the political, sociological, economic, and philosophical issues of the basic income guarantee. Tracing the history of the idea, from its origins in the late eighteenth century through its political vogue in the 1970s, when the Family...