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Introducing a New Economics

Introducing a New Economics

Pluralist, Sustainable and Progressive

Jack Reardon, Maria Alejandra Caporale Madi, Molly Scott Cato

A textbook that will set the standard for the new movement for pluralist economics

Introducing a New Economics is a groundbreaking textbook that heralds a revolution in the teaching of economics. Students and lecturers alike are rejecting the narrow curricula and lack of intellectual diversity that characterise the mainstream. They demand that the real world should be brought back into the classroom, insisting that this is the only way to confront the current crisis.

With a firm commitment to theoretical, methodological and disciplinary pluralism, the renowned authors of this book challenge the current hegemony head-on. This unique textbook reflects a new ethos of economics education, highlighting sustainability and justice in its discussion of work, employment, power, capital, markets, money and debt.

This volume is a work of progressive, heterodox economics that will set the standard for years to come.

Jack Reardon is founding editor of the International Journal of Pluralism and Economics Education and author of Introducing a New Economics (Pluto Press, 2017) and The Handbook of Pluralist Economics Education (Routledge, 2009). He teaches economics at the School of Business at Hamline University in Minnesota.

Maria Alejandra Caporale Madi is a retired Professor at the Instituto de Economia, State University of Campinas, UNICAMP, Brazil. She is Assistant Editor of the International Journal of Pluralism and a member of the Editorial Board of the International Journal of Green Economics. She is co-author of Introducing a New Economics (Pluto, 2017).

Molly Scott Cato is Professor of Strategy and Sustainability at Roehampton University and is a Green Party Member of the European Parliament for the South West England electoral region. She is author of The Bioregional Economy (Routledge, 2012) and co-author of Introducing a New Economics (Pluto, 2017).

'The only economics text that can help students make sense of today's world of ongoing economic and ecological crises' - Steve Keen, author of Debunking Economics

'There will be an increasing demand for books like this' - Richard Wilkinson, co-author of The Spirit Level

This is excellent: a clear, comprehensive and alternative introduction to Economics. - Carlos Oya, Reader in the Political Economy of Development, SOAS, University of London

Part One: Introduction
1. Introducing Economics with a Judicious Mix of Pluralism, Sustainability and Justice
Part Two: The Territory of Economic Study
2. Knowledge and the Construction of Models
3. Sustainability, Resources and the Environment
4. Power
5. Inequality, Poverty and Disempowerment
Part Three: The Central Issues of Economics
6. Livelihoods and Work
7. The Shifting Definition of Unemployment
8. Money
9. Economic Value
Part Four: Economic Organisation
10. Firms, Industries and Markets
11. Economic Democracy
12. Economic Governance
13. Consumption, Investment and Savings
14. Recessions and Financial Crises: Are They Inevitable?
Part Five: Global Perspectives
15. Political Economy and Development: Global Justice and Global Governance
16. Trade: A Pluralist Approach
17. Contemporary Global Economic and Financial Trends
Part Six: Conclusion
18. Which Way Forward?
Published by Pluto Press in Oct 2017
Paperback ISBN: 9780745334882
Hardcover ISBN: 9780745334899

384 pages

150mm x 230mm