Social Fairness and Economics: Economic Essays in the Spirit of Duncan Foley (Routledge Frontiers of Political Economy) - Softcover

Softcover

ISBN 10: 113890225X ISBN 13: 9781138902251

Publisher: Routledge, 2015

Synopsis

This volume brings together papers inspired by the work of Duncan Foley, an extraordinarily productive economist who has made seminal contributions to a wide variety of areas. Foley’s work cannot be easily classified, but one thread that runs through it is a critical examination (along both ethical and analytical lines) of conventional neoclassical economic theory, particularly involving general equilibrium theories of value and money. Foley was a pioneer of complexity economics as well, which adopts approaches to these questions drawn from natural sciences, so the collection therefore has an interdisciplinary quality that will interest a wide variety of readers.

Some of the chapters are intellectual biographies that contextualize and identify Foley’s contributions to Keynesian macroeconomics, Marxian value theory, and complexity theory in economics. The topics covered include the economics of complexity; the ethics of general equilibrium theory; the economics of climate change; applications of Keynesian, Marxian and Ricardian political economy; and money and financial crises.

The collection should be useful to scholars who work in various economic traditions critical of the currently dominant free-market approach, but it also speaks to scholars of critical theory in various disciplines beyond economics such as the mathematicians, physicists, and other natural scientists who are interested in understanding the complexity of social processes using their analytical frameworks. This book should also appeal to graduate students in economics who are working in these traditions, as well as scholars (including current graduate students in orthodox programs) who are dissatisfied with the current state of economic theory and would like to satisfy their intellectual curiosity by sampling the contributions of critical theorists.

About this title

About the Author

Lance Taylor is Arnhold Professor Emeritus of International Cooperation and Development at the New School University, New York, USA

Armon Rezai is Assistant Professor in Environmental Economics at the Vienna University of Economics and Business, Austria

Thomas Michl is Professor of Economics at Colgate University, Hamilton, USA

Edition details

• Publisher: Routledge
• Publication date: 2015
• Language: English
• ISBN 10: 113890225X
• ISBN 13: 9781138902251
• Binding: Paperback
• Edition number: 1
• Number of pages: 432
• Editor: Taylor Lance, Rezai Armon, Michl Thomas