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Why is money more valuable than the paper on which it is printed Monetarists link the value of money to its supply and demand believing the latter depends on the total value of the commodities it circulates According to Prabhat Patnaik this logic is flawed In his view in any … 2009 Level: advanced The Value of Money Prabhat Patnaik Columbia University Press The Routledge Handbook of Heterodox Economics presents a comprehensive overview of the latest work on economic theory and policy from a 'pluralistic' heterodox perspective.

Contributions throughout the Handbook explore different theoretical perspectives including: Marxian-radical political economics; Post Keynesian-Sraffian economics; institutionalist-evolutionary economics; feminist economics; social economics. 2019 Level: advanced The Routledge Handbook of Heterodox Economics Tae-Hee Jo, Lynne Chester, Carlo D'Ippoliti Taylor & Francis Limited The Wealth of Ideas traces the history of economic thought, from its prehistory (the Bible, Classical antiquity) to the present day. 2005 Level: beginner The Wealth of Ideas Alessandro Roncaglia Cambridge University Press 'This Cambridge professor delights in paradox. And myth-busting . . . he does this with charm and a desire to see how things work in the real world' Guardian, 'In Praise of Ha-Joon Chang' In this revelatory book, Ha-Joon Chang destroys the biggest myths of our times and shows us the truth about how the world really works, including- there's no such thing as a free market. 2011 Level: advanced 23 Things They Don't Tell You about Capitalism Ha-Joon Chang Penguin The Anthropology of Development and Globalization is a collection of readings that provides an unprecedented overview of this field that ranges from the field?s classical origins to today?s debates about the ?magic? of the free market. 2005 Level: advanced The Anthropology of Development and Globalization Marc Edelman, Angelique Haugerud Wiley Ecological economics explores new ways of thinking about how we manage our lives and our planet to achieve a sustainable, equitable, and prosperous future. Ecological economics extends and integrates the study and management of both "nature's household" and "humankind's household"—An Introduction to Ecological Economics, Second Edition, the first update and expansion of this classic text in 15 years, describes new approaches to achieving a sustainable and desirable human presence on Earth. 2014 Level: advanced An Introduction to Ecological Economics, Second Edition Robert Costanza, John H Cumberland, Herman Daly, Robert Goodland, Richard B Norgaard, Ida Kubiszewski, Carol Franco CRC Press The Microeconomics of Complex Economies uses game theory, modeling approaches, formal techniques, and computer simulations to teach useful, accessible approaches to real modern economies. 2018 Level: advanced The Microeconomics of Complex Economies Wolfram Elsner, Torsten Heinrich, Henning Schwardt Elsevier Science p>Twenty-first-century economists will have to understand and improve a post-Cold War world in which no single economic theory or system holds the key to human betterment. Heterodox economists have much to contribute to this effort, as a wave of pluralism spawns new lines of research and new dialogues among non-mainstream economists. 2008 Level: advanced Future Directions for Heterodox Economics John T. Harvey, Robert F. Garnett, Robert F. Garnett, Jr. University of Michigan Press This thoroughly revised and updated second edition provides a comprehensive guide to Post Keynesian methodology, theory and policy prescriptions. The Companion reflects the challenges posed by the global financial crisis that began in 2008 and by the consolidation of the New Neoclassical Synthesis in macroeconomic theory. 2012 Level: advanced The Elgar Companion to Post Keynesian Economics J. E. King Edward Elgar Immanuel Wallerstein provides a concise and accessible introduction to the comprehensive approach that he pioneered thirty years ago to understanding the history and development of the modern world. 2004 Level: advanced World-systems Analysis Immanuel Maurice Wallerstein, Senior Researcher Immanuel Wallerstein Duke University Press The age of the contemplative economist-scholar—at home equally in classical languages, economic history, the history of ideas, and mathematical theory—has passed. The history of economics as a subdiscipline has lost touch with the mainstream study of economics. InThe Future of the History of Economics, internationally known scholars from ten countries provide a comparative assessment of the subdiscipline. 2002 Level: advanced The Future of the History of Economics Eliot Roy Weintraub Duke University Press The world has changed dramatically in recent years and so has the field of economics, but many introductory economics textbooks have remained stuck in the past. This book provides a new beginning for the study of macroeconomics, fundamentally international in its approach and emphasizing current debates and research trends. 2014 Level: advanced Macroeconomics Dorman, Peter Springer-Verlag In a changing world that has been shaken by economic, social, financial, and ecological crises, it becomes increasingly clear that new approaches to economics are needed for both theoretical and empirical research; for applied economics as well as policy advice. 2018 Level: advanced Policy Implications of Recent Advances in Evolutionary and Institutional Economics Claudius Grabner, Torsten Heinrich, Henning Schwardt Routledge Microeconomics: A Critical Companion offers students a clear and concise exposition of mainstream microeconomics from a heterodox perspective. 2016 Level: beginner Microeconomics - A Critical Companion Ben Fine Pluto Press Planetary Mine rethinks the politics and territoriality of resource extraction, especially as the mining industry becomes reorganized in the form of logistical networks, and East Asian economies emerge as the new pivot of the capitalist world-system. 2020 Level: advanced Planetary Mine Martín Arboleda Verso Books Over the last decade, the world's largest corporations - from The Coca Cola Company to Amazon, Apple to Unilever - have taken up the cause of combatting modern slavery. Yet, by most measures, across many sectors and regions, severe labour exploitation continues to soar. Corporate social responsibility is not working. Why? 2020 Level: beginner Combatting Modern Slavery Genevieve LeBaron Polity Press Macroeconomics in Context: A European Perspective lays out the principles of macroeconomics in a manner that is thorough, up to date, and relevant to students. With a clear presentation of economic theory throughout, this latest addition to the bestselling "In Context" set of textbooks is written with a specific focus on European data, institutions, and historical events, offering engaging treatment of high-interest topics, including sustainability, Brexit, the euro crisis, and rising inequality. Policy issues are presented in context (historical, institutional, social, political, and ethical), and always with reference to human well-being. 2018 Level: advanced Macroeconomics in Context Sebastian Dullien, Neva Goodwin, Jonathan M. Harris, Julie A. Nelson, Brian Roach, Mariano Torras Routledge In this book, the author critically examines a number of socialist proposals that have been put forward since the end of the Cold War. It is shown that although these proposals have many merits, their inability effectively to incorporate the benefits of information technology into their models has limited their ability to solve the problem of socialist construction. The final section of the book proposes an entirely new model of socialist development, based on a "needs profile" that makes it possible to convert the needs of large numbers of people into data that can be used as a guide for resource allocation. This analysis makes it possible to rethink and carefully specify the conditions necessary for the abolition of capital and consequently the requirements for socialist revolution and, ultimately, communist society. 2014 Level: advanced Information Technology and Socialist Construction Daniel E. Saros Routledge Nature and communities in the global south is being overwhelmed at a shocking rate. In many places this is due to ventures such as large-scale open-pit mining, oil extraction in tropical areas, and the spread of monocultures. These and other such forms of natural resource appropriation are usually known as extractivisms. 2021 Level: beginner Extractivisms Eduardo Gudynas Fernwood Publishing Philosophy of Economics: A Contemporary Introduction is the first systematic textbook in the philosophy of economics introduces to the epistemological, metaphysical and ethical problems that arise in economics, and presents detailed discussions of the solutions that have been offered. 2013 Level: advanced Philosophy of Economics Julian Reiss Routledge Exploring Economics, an open-access e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods. 2015 Level: expert Socialist Calculation and Market Socialism Paul Jael Munich Personal RePEc Archive In this lecture, Sanjay Reddy reviews the work of János Kornai, especially his critique of the socialist system, which is rooted in his understanding of the eminently political character of socialism. 2020 Level: beginner János Kornai's Critique of the Socialist System Sanjay Reddy New School for Social Research In analyzing the global competition between Chinese and Indian tea, Andrew B. Liu challenges past economic histories premised on the technical “divergence” between the West and the Rest, arguing instead that seemingly traditional technologies and practices were central to modern capital accumulation across Asia. 2020 Level: advanced Tea War Andrew B. Liu Yale University Press The book’s central theme is to develop a new theory of speculative capital related to other forms of capital, the world market, and the state. Unlike most marxist and heterodox theories, the book distinguishes credit and fictitious capital from speculative capital to show its hegemony today in the capital markets. 2022 Level: advanced Financial Capital in the 21st Century Achim Szepanski Springer Nature The 2007-2010 economic crisis has profoundly shaken the foundations of mainstream financial economics. The apparent falsification of core concepts such as risk diversification, informational efficiency and valuation efficiency by an unexpected course of events has revealed the need to redefine the objectives and direction of research today. 2010 Level: advanced After the Crisis Thomas Lagoarde-Segot Nova Science Publishers, Incorporated Devine begins with an analysis of the theory and practice of capitalist planning, central planning and 'market socialism'. He argues that, while market socialism is currently favoured by many economists who reject both capitalism and the command planning of the Soviet model, it cannot fulfil the promises held out for it. 2022 Level: advanced Democracy And Economic Planning Pat Devine Taylor & Francis Limited From the mercantile monopolies of seventeenth-century empires to the modern-day authority of the WTO, IMF, and World Bank, the nations of the world have struggled to effectively harness globalization's promise. The economic narratives that underpinned these eras the gold standard, the Bretton Woods regime, the "Washington Consensus" brought great success and great failure. 2011 Level: advanced The Globalization Paradox Dani Rodrik W. W. Norton & Company In this episode of the podcast "Hear this idea", Dr. Carolina Alves delves into the political debate surrounding Heterodox Economics and elaborates on D-Econ's mission to promote greater inclusivity in the field of Economics concerning gender, race, and representation from the Global South. 2020 Level: beginner Carolina Alves on Heterodox Economics, Diversity in Academia, and the Global South Carolina Alves Hear This Idea A comprehensive account of how government deficits and debt drive inflation 2023 Level: advanced The Fiscal Theory of the Price Level John Cochrane Princeton University Press This groundbreaking collection explores the profound power of Social Reproduction Theory to deepen our understanding of everyday life under capitalism. It tackles issues such as child care, health care, education, family life and the roles of gender, race and sexuality, and shows how they are central to understanding the relationship between economic exploitation and social oppression. Including contributions by: Lise Vogel, Nancy Fraser, David McNally and Susan Ferguson. 2017 Level: advanced Social Reproduction Theory Tithi Bhattacharya Pluto Press Beyond Neoclassical Economics is a remarkable new introduction to the main heterodox schools of economic thought which examines their main concepts and their critiques of mainstream theory. 1996 Level: beginner Beyond Neoclassical Economics Fred E. Foldvary Edward Elgar Until the end of the early 1970s, from a history of economic thought perspective, the mainstream in economics was pluralist, but once neoclassical economics became totally dominant it claimed the mainstream as its own. Since then, alternative views and schools of economics increasingly became minorities in the discipline and were considered 'heterodox'. 2016 Level: advanced Reclaiming Pluralism in Economics Jerry Courvisanos, Jamie Doughney, Alex Millmow Routledge

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