New Book: Economics and Other Disciplines – Assessing New Economic Currents

By Ricardo F. Crespo. From Routledge: During the second half of the twentieth century, economics exported its logic – utility maximization – to the analysis of several human activities or realities: a tendency that has been called “economic imperialism”. This book explores the concept termed by John Davis as “reverse imperialism”, whereby economics has been … More New Book: Economics and Other Disciplines – Assessing New Economic Currents

New Book: Capitalism, Macroeconomics & Reality – Understanding Globalization, Financialization, Competition & Crisis

By James Crotty. From Edward Elgar: The essays comprising this collection analyze the deep flaws in the methodological foundation of mainstream economic theory, and explain how these flaws make mainstream economics more ideology than sound social science. James Crotty develops alternative theories built on realistic assumptions that can explain most of the disastrous economic and … More New Book: Capitalism, Macroeconomics & Reality – Understanding Globalization, Financialization, Competition & Crisis

Understanding Economic Development and Demolishing Neoliberal Myths

By Erik Reinert, Jayati Ghosh and Rainer Kattel, We have recently co-edited a book, The Handbook of Alternative Theories of Economic Development, which that seeks to bring back the richness of development economics through many different theories that have contributed over the ages to an understanding of material progress. The underlying approach is based on … More Understanding Economic Development and Demolishing Neoliberal Myths

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