Political Economy for the 21st Century

Political Economy for the 21st Century

  • Charles J. Whalen
Publisher:M.E. SharpeISBN 13: 9780765638984ISBN 10: 0765638983

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Political Economy for the 21st Century is written by Charles J. Whalen and published by M.E. Sharpe. It's available with International Standard Book Number or ISBN identification 0765638983 (ISBN 10) and 9780765638984 (ISBN 13).

Provides a coherent and practical alternative to conventional economics--one that draws on neoclassical and non-neoclassical insights into a coherent and practical alternative to conventional economics. The book brings together Lester Thurow, Robert Heilbroner, Alice Amsden, Barry Bluestone, and 11 other prominent economists from America and England to revitalize economic theory and policy in light of the pressing issues of the 1990s--and to provide a starting point for research into the real-world challenges to be confronted in the rapidly approaching third millennium. Four main sections--Provisioning, Ethics and Gender; Firms, Human Resources and Money; and Macroeconomics, Structural Change and Distribution; Competitiveness, Trade and Development--include original essays by prominent economists from America and England (including Lester Thurow, Robert Heilbroner, Alice Amsden, and Barry Bluestone). The book --considers the future shape of economics from an explicitly non-neoclassical perspective; --synthesizes neoclassical and non-neoclassical insights into a coherent and practical alternative to standard economics--a political economy that is both capable of addressing the real-world challenges of the late 1990s and useful as a starting point for the 21st century; --demonstrates how the redefinition of economics found at the core of this political economy leads not only to a methodological foundation that is fundamentally different from the one supporting economic orthodoxy but also to a new perspective on both theory and policy; --emphasizes common