New Book by Robin Hahnel: Radical Political Economy – Sraffa Versus Marx

From Routledge: For too long radical political economy has suffered for lack of a coherent alternative to formal Marxian economic theory. People have had to choose between (1) continuing to use a formal model based on the labor theory of value as Marx developed in Capital to justify and retain one’s opposition to capitalism, or … More New Book by Robin Hahnel: Radical Political Economy – Sraffa Versus Marx

Call for papers: Teaching Inequality in an Age of Pluralism

Special Issue on: “Teaching Inequality in an Age of Pluralism” Guest Editors: Dr. Janice Peterson, California State University, Fresno, USA Dr. Dell P. Champlin, Oregon State University, USA Inequality is one of the greatest economic and social problems of our time, manifesting in numerous forms of individual hardships, economic stagnation, and weakened democratic processes and … More Call for papers: Teaching Inequality in an Age of Pluralism

New book by Ann Pettifor: The Production of Money – How to Break the Power of Bankers

From Verso: What is money, where does it come from, and who controls it? In this accessible, brilliantly argued book, leading political economist Ann Pettifor explains in straightforward terms history’s most misunderstood invention: the money system. Pettifor argues that democracies can, and indeed must, reclaim control over money production and restrain the out-of-control finance sector … More New book by Ann Pettifor: The Production of Money – How to Break the Power of Bankers

New Book by Ron Baiman: The Global Free Trade Error – The Infeasibility of Ricardo’s Comparative Advantage Theory

From Routledge: The doctrine of “free trade” is second only to that of “free markets” in undergirding ideological support for our current global economic structures and rules. From David Ricardo’s “comparative advantage principle” to James Meade’s Neoclassical or mainstream economics proof of self-adjusting free trade equilibrium, the free trade doctrine has had a lasting and … More New Book by Ron Baiman: The Global Free Trade Error – The Infeasibility of Ricardo’s Comparative Advantage Theory