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This book argues that the shift in general equilibrium theory, from its early long-period to the modern very …. This shift has produced new difficulties, and has undermined central tenets of neoclassical macroeconomic theory (such as …, not only in many aspects of the history of economic theory, but also in fundamental issues in the theories of value …
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This major volume develops a rigorous equilibrium-free political economy based on labour values. Rooted in a non-dualistic approach restoring money to its central role in a commodity economy, Marx and Non-Equilibrium Economics is the fruit of extensive international collaboration reflecting a...
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This important new book enhances our understanding of the dynamic interactions between economic activity, economic growth, pollution abatement and environmental policy. It addresses one main policy problem: how can the direct and indirect costs of environmental policy for multiple pollutants be...
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Exposed to powerful new economic forces, and undergoing dramatic ownership reforms and technological changes, China's industries are modernizing at a breakneck pace. In many industries, the outcomes have been chaotic and poorly aligned with societal objectives. This book analyses the...
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