The Routledge Handbook of Heterodox Economics – Theorizing, Analyzing, and Transforming Capitalism
Authors: Tae-Hee Jo (SUNY), Lynne Chester (University of Sydney), Carlo D’Ippoliti (Sapienza University of Rome)
Contributions throughout the Handbook explore different theoretical perspectives including: Marxian-radical political economics; Post Keynesian-Sraffian economics; institutionalist-evolutionary economics; feminist economics; social economics; Régulation theory; the Social Structure of Accumulation approach; and ecological economics. They explain the structural properties and dynamics of capitalism, as well as propose economic and social policies for the benefit of the majority of the population. This book aims, firstly, to provide realistic and coherent theoretical frameworks to understand the capitalist economy in a constructive and forward-looking manner. Secondly, it delineates the future directions, as well as the current state, of heterodox economics, and then provides both ‘heat and light’ on controversial issues, drawing out the commonalities and differences among different heterodox economic approaches. The volume also envisions transformative economic and social policies for the majority of the population and explains why economics is, and should be treated as, a social science.
Authors: Tae-Hee Jo (SUNY), Lynne Chester (University of Sydney), Carlo D’Ippoliti (Sapienza University of Rome)
Contributions throughout the Handbook explore different theoretical perspectives including: Marxian-radical political economics; Post Keynesian-Sraffian economics; institutionalist-evolutionary economics; feminist economics; social economics; Régulation theory; the Social Structure of Accumulation approach; and ecological economics. They explain the structural properties and dynamics of capitalism, as well as propose economic and social policies for the benefit of the majority of the population. This book aims, firstly, to provide realistic and coherent theoretical frameworks to understand the capitalist economy in a constructive and forward-looking manner. Secondly, it delineates the future directions, as well as the current state, of heterodox economics, and then provides both ‘heat and light’ on controversial issues, drawing out the commonalities and differences among different heterodox economic approaches. The volume also envisions transformative economic and social policies for the majority of the population and explains why economics is, and should be treated as, a social science.
Trajectories of Neoliberal Transformation
Authors: Lucio Baccaro (Université de Genève), Chris Howell (Oberlin College)
This book has both empirical and theoretical goals. The primary empirical goal is to examine the evolution of industrial relations in Western Europe from the end of the 1970s up to the present. Its purpose is to evaluate the extent to which liberalization has taken hold of European industrial relations and institutions through five detailed, chapter-length studies, each focusing on a different country and including quantitative analysis. The book offers a comprehensive description and analysis of what has happened to the institutions that regulate the labor market, as well as the relations between employers, unions, and states in Western Europe since the collapse of the long postwar boom. The primary theoretical goal of this book is to provide a critical examination of some of the central claims of comparative political economy, particularly those involving the role and resilience of national institutions in regulating and managing capitalist political economies.
Authors: Lucio Baccaro (Université de Genève), Chris Howell (Oberlin College)
This book has both empirical and theoretical goals. The primary empirical goal is to examine the evolution of industrial relations in Western Europe from the end of the 1970s up to the present. Its purpose is to evaluate the extent to which liberalization has taken hold of European industrial relations and institutions through five detailed, chapter-length studies, each focusing on a different country and including quantitative analysis. The book offers a comprehensive description and analysis of what has happened to the institutions that regulate the labor market, as well as the relations between employers, unions, and states in Western Europe since the collapse of the long postwar boom. The primary theoretical goal of this book is to provide a critical examination of some of the central claims of comparative political economy, particularly those involving the role and resilience of national institutions in regulating and managing capitalist political economies.
The Diversity Bonus: How Great Teams Pay Off in the Knowledge Economy
Author: Scott E. Page (University of Michigan)
What if workforce diversity is more than simply the right thing to do in order to make society more integrated and just? What if diversity can also improve the bottom line of businesses and other organizations facing complex challenges in the knowledge economy? It can. And The Diversity Bonus shows how and why. Scott Page, a leading thinker, writer, and speaker whose ideas and advice are sought after by corporations, nonprofits, universities, and governments around the world, makes a clear and compellingly pragmatic case for diversity and inclusion. He presents overwhelming evidence that teams that include different kinds of thinkers outperform homogenous groups on complex tasks, producing what he calls “diversity bonuses.” These bonuses include improved problem solving, increased innovation, and more accurate predictions—all of which lead to better performance and results.
Author: Scott E. Page (University of Michigan)
What if workforce diversity is more than simply the right thing to do in order to make society more integrated and just? What if diversity can also improve the bottom line of businesses and other organizations facing complex challenges in the knowledge economy? It can. And The Diversity Bonus shows how and why. Scott Page, a leading thinker, writer, and speaker whose ideas and advice are sought after by corporations, nonprofits, universities, and governments around the world, makes a clear and compellingly pragmatic case for diversity and inclusion. He presents overwhelming evidence that teams that include different kinds of thinkers outperform homogenous groups on complex tasks, producing what he calls “diversity bonuses.” These bonuses include improved problem solving, increased innovation, and more accurate predictions—all of which lead to better performance and results.
Stochastic Methods in Asset Pricing
Author: Andrew Lyasoff (Boston University)
This book presents a self-contained, comprehensive, and yet concise and condensed overview of the theory and methods of probability, integration, stochastic processes, optimal control, and their connections to the principles of asset pricing. The book is broader in scope than other introductory-level graduate texts on the subject, requires fewer prerequisites, and covers the relevant material at greater depth, mainly without rigorous technical proofs. The book brings to an introductory level certain concepts and topics that are usually found in advanced research monographs on stochastic processes and asset pricing, and it attempts to establish greater clarity on the connections between these two fields.
Author: Andrew Lyasoff (Boston University)
This book presents a self-contained, comprehensive, and yet concise and condensed overview of the theory and methods of probability, integration, stochastic processes, optimal control, and their connections to the principles of asset pricing. The book is broader in scope than other introductory-level graduate texts on the subject, requires fewer prerequisites, and covers the relevant material at greater depth, mainly without rigorous technical proofs. The book brings to an introductory level certain concepts and topics that are usually found in advanced research monographs on stochastic processes and asset pricing, and it attempts to establish greater clarity on the connections between these two fields.
In this ambitious book, the author guides a dedicated reader from elementary probability to the advanced stochastic analysis of modern mathematical finance, with rewarding excursions into topics seldom seen in introductory texts.”
Paul Glasserman – Columbia University
