The financial crisis of 2008–9 and the ‘Great Recession' that it precipitated highlighted a number of troubling dynamics in contemporary capitalism. Rising financial instability has received particular attention (Obstfeld and Rogoff 2009), as have other social problems such as trends of...

Although there are encyclopedias covering economics, classic economic theory and history, the SAGE Encyclopedia of Economics and Society emphasises the contemporary world, contemporary issues, and society

Part I. Setting the stage -- Chapter 1. Introduction and motivation / Eelke de Jong -- Chapter 2. National culture in the three types of market economies / Eelke de Jong and Annemiek Schilpzand -- Part II. Economic ideas -- Chapter 3. The morality of the market process and the normative...