The "third way" is a term often used by politicians and others to indicate a set of new policies adopted by former social democratic parties throughout the world. This book is an attempt to dissect the ideas and economic theory behind the rhetoric of the "third way" through a critical evaluation...

Recommended readings (Machine generated): Paul A. Samuelson (1954), 'The Pure Theory of Public Expenditure', Review of Economics and Statistics, 36 (4), November, 387-9 -- Francis M. Bator (1958), 'The Anatomy of Market Failure', Quarterly Journal of Economics, LXXII (3), August, 351-79 --...

This comprehensive and thought-provoking Handbook reviews public sector economics from pluralist perspectives that either complement or reach beyond mainstream views. The book takes a comprehensive interdisciplinary approach, drawing on economic elements in the fields of philosophy, sociology,...

The current crises in the financialization of capitalism, and their repercussions on the financial viability of entire countries, severely question the achievements of mainstream economics and its disregard of Keynes's theory of effective demand and finance. In view of this, Peter Flaschel and...

This book examines how governments, non-profit and private organizations, and local networks understand the connections between public values and social issues. Western societies face complex social issues and a growing diversity of views on how these should be addressed. The traditional view...

1. Does economic growth ultimately lead to a "noble life"? : a comparative analysis of the predictions of Mill, Marshall and Keynes / Arrigo Opocher -- 2. The debate on education financing in the classical perspective / Mario Pomini -- 3. The role of the public sector in the thought of Hyman...

'This book presents Latin America's innovation systems in a new theoretical and political light. The focus is upon how innovation processes can become inclusive; a major challenge for the non-egalitarian Latin American countries. The analytical framework combines Amartya Sen's capacity approach...

The European Social Model has been an integral part of the construction of the European Community and has been effective in stimulating its economic growth. This social dimension represents the soul of the European Union, and has been envied and adopted by other regions and countries in the...