Future Directions for Heterodox Economics

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Overview

Future Directions for Heterodox Economics showcases a range of contributions to contemporary economic theory and policy, bringing together essays that range from mathematical to philosophical, critical to positive, and pro-market to socialist, all while making innovative connectiosn between formerly separate theoretical traditions-Marxian, Austrian, feminist, ecological, Sraffian, institutionalist, and post-Keynesian. This original volume shows the surprising extent to which pluralism is engendering controversy, critical dialogue, and innovative new directions within twenty-first-century heterodox economics.
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Product Details

  • ISBN-13: 9780472032471
  • Publisher: University of Michigan Press
  • Publication date: 2/22/2008
  • Series: Advances in Heterodox Economics Series
  • Pages: 344
  • Product dimensions: 5.99 (w) x 8.96 (h) x 0.83 (d)

Table of Contents

Series Foreword   Frederic S. Lee     vii
Foreword   Anne Mayhew     ix
Preface   John T. Harvey     xi
Acknowledgments     xv
Introduction: Pluralism and the Future of Heterodox Economics   Robert F. Garnett, Jr.     1
Foundations: Economic Knowledge, Measurement, and Ethics
A Future for Schools of Thought and Pluralism in Heterodox Economics   Sheila C. Dow     9
From Outer Circle to Center Stage: The Maturation of Heterodox Economics   Neva Goodwin     27
Heterodox Economics, the Fragmentation of the Mainstream, and Embedded Individual Analysis   John B. Davis     53
To Be or Not to Be? The Ontic and the Ontological in Economic Inquiry   Judith Mehta     73
Heterodox Economics and the Resurrection of Economic Significance   Stephen T. Ziliak     95
A Hippocratic Oath for Economists? On the Need for and Content of a Professional Economic Ethics   George DeMartino     116
Crisscrossing Paradigms
Quantity and Price Systems: Toward a Framework for Coherence between Post-Keynesian and Sraffian Economics   Andrew B. Trigg     127
Defining Social Sustainability: The Political Economy of Social Reproduction   Mary King     142
Institutional Economics,Post-Keynesian Economics, and System Dynamics: Three Strands of a Heterodox Braid   Michael J. Radzicki     156
Invention, Innovation, Investment: Heterodox Simulation Modeling of Capital Accumulation   Jerry Courvisanos   Colin Richardson     185
New Political Economies
Catallaxy, Competition, and Twenty-First-Century Capitalism: An Agenda for Economics   Steven Horwitz     225
The Lamentable Absence of Power in Mainstream Economic Theory   M. Neil Browne   J. Kevin Quinn     240
Socialism, Community, and Democracy: A Postmodern Marxian Perspective   Antonio Callari   David F. Ruccio     262
Hayek, Sen, and Social Justice   Theodore Burczak     281
Contributors     307
Name Index     311
Subject Index     315
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