"Orthodox macroeconomics is founded on microeconomics. Heterodox economists either reject micro foundations or experiment with behavioural relationships without paying attention to the principles that generate them. The book takes off from Michal Kalecki's aphorism about economics being a...

1. The Chaebol problem and the economic policy dilemma -- 2. Industrial policies and the growth of the Chaebol -- 3. Critical review of the traditional perception of the Chaebol problem -- 4. A new interpretation of the Chaebol problem and evaluation of Chaebol policy -- 5. The role of...

"The Political Economy Reader advocates a particular approach to the study of political economy - the "market-institutional" perspective - which emphasizes the ways in which markets are embedded in political and social institutions. This perspective offers a compelling alternative to the...