In 1960, Piero Sraffa’s Production of Commodities by Means of Commodities considered the fundamental issues that had been ignored in some existing theories of capital, value and distribution, and by doing so he laid the foundations for a critique of the marginal theory of value and...

This major new book provides a coherent critique of the neo-classical synthesis together with a comprehensive and systematic introduction to the post-Keynesian alternatives. Professor Arestis demonstrates that post-Keynesian economics offers a challenge to conventional neo-classical economics....

This challenging book examines the origins and dynamics of financial–economic crises. Its wide theoretical scope incorporates the theories of Marx, Keynes and various other Post Keynesian scholars of endogenous money, and provides a grand synthesis of these theoretical lineages, as well as a...

Eduardo Wiesner’s book makes an important contribution to the understanding of development by blending together the interdependent issues of (i) macroeconomic performance and volatility, (ii) equity and distributive justice, (iii) fiscal deficits and the redistributive effectiveness of social...

This ambitious book presents a conceptual framework for an institutional approach to economic change and economic transformation. It sheds important light on two basic concepts: social complexity and interactive governance.

This comprehensive book provides a collection of the critical papers that have been published in the fast-growing field of the globalization of higher education. They include work by a variety of noted scholars, such as Altbach, Clark and Marginson, which cover key areas of theoretical and...

The political economy of international trade and trade policy – at both the domestic and international levels – has spawned a vast literature from both economists and political scientists. This two volume set includes seminal contributions to our understanding of international...

Improving Irrigation in Asia is based on a longitudinal study over two decades on innovative intervention for sustained performance of irrigation systems. The work identifies key factors that can help explain the performance of interventions, and explicates lessons for resource management and...