It is argued that mainstream economics, with its present methodological approach, is limited in its ability to analyze and develop adequate public policy to deal with current environmental problems and sustainable development. This book provides an alternative approach. Building on the strengths...

This book honors the work of Axel Leijonhufvud. The topics range from Keynesian economics and the economics of high inflation to the micro-foundations of macroeconomics and economic history. The authors comprise some of the very best economists active today

This thought-provoking book discusses the concept of progress in economics and investigates whether any advance has been made in its different spheres of research. The authors look back at the history, successes and failures of their respective fields and thoroughly examine the notion of...

In the midst of the current world economic crisis, many claim there is a necessity to return to the Marxian and Keynesian traditions in order to better understand the dynamics of market economies. This book is an important step in that direction. It presents a critical examination of the...

The influence of political developments on the evolution of economic thought is the main theme behind this book. As the authors reveal throughout the book, history has shown many times that political events can trigger the formulation of new economic conceptions that in turn influence the future...

This highly illuminating book marks a significant stage in our growing understanding of how the development of national traditions of economic thought has been affected by both internal and external factors

Evolutionary Economic Thought explores the theoretical roots of the evolutionary approach, and in so doing, demonstrates how it fits squarely into the theoretical mainstream. Focusing on the institutions of evolutionary change and the processes - such as competition - that generate change, this...

Introduction -- 1. Antiquity / Bertram Schefold -- 2. Economic Thought in Scholasticism / Irina Chaplygina and André Lapidus -- 3. Cameralism / Keith Tribe -- 4. Mercantilism and the Science of Trade / Thierry Demals -- 5. French Enlightenment / Thierry Demals and Gilbert Faccarello -- 6....

1. Introduction / Erik S. Reinert, Rainer Kattel and Jayati Ghosh -- Part I development thinking across history and geography -- 2. Giovanni Botero (1588) and Antonio Serra (1613): Italy and the birth of development economics / Erik S. Reinert -- 3. Economic emulation and the politics of...

1. The place of science in society : progress, pragmatism, pluralism -- 2. Thorstein Veblen on the origins and meaning of private property -- 3. Capital and the modern corporation -- 4. Pecuniary institutions : their role and effects -- 5. Veblen's missing theory of markets and exchange, or, Can...