theory. Instead, the problem has been a 'devil's pact' of simplistic pro-market economics combined with simplistic Keynesian … monetary policy. This book revisits the fundamental theorems in economics that state the conditions for markets to achieve …

Preface -- Economics, culture, and development -- Classical political economy and the rise of neoclassicism … -- Neoclassical economics and culture -- Institutional economics : veblen's tradition -- The new institutional economics -- Marxian … economics : from modern to postmodern -- Development economics : three stances on culture -- Feminist economics : women, culture …

The bulk of contemporary economics assumes rather than explains differences between people or groups of people. Yet …