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Political Economy: The Contest of Economic Ideas, 3rd Edition

Political Economy: The Contest of Economic Ideas, 3rd Edition

Third Edition

Frank Stilwell

15 December 2011

ISBN: 9780195575019

448 pages

In Stock

Price: £49.99



The third edition of Political Economy: The Contest of Economic Ideas is a fully updated overview of the political economy and its connection with social concerns. This book investigates the main traditions of economic ideas and provides a 'big picture' overview of the analytical tools and value judgements associated with competing schools of economic thought.

  • Discusses the links between the economics system and its connection with social and political concerns
  • New chapter on the economics of happiness
  • New sections on topical issues such as the global financial crisis, climate change, and 'affluenza'

About the Author(s)

Frank Stilwell

Frank Stilwell is a Professor within the Department of Political Economy at The University of Sydney. His research interests centre on Australian economic policies, urban and regional development and economic inequality.

Table of Contents

    PART I Current Economic Processes and Problems
    1:What is Political Economy?
    2:The Personal is Political Economic
    3:Structural Economic Changes
    4:Political Economic Challenges
    PART II Economic Systems and Economic Theories
    5:Economic Systems
    7:Economic Theories
    PART III Back to Basics: Classical Political Economy
    8:Capitalism Emerging
    9:Private Vices, Public Virtues
    10:Value, Distribution, Growth
    11:Land and Economic Surplus
    PART IV The Critique of Capitalism: Marxist Economics
    12:Contesting Capitalism
    13:The Mode of Production
    14:Labour, Value, Exploitation
    15:Capital Accumulation
    16:Reproduction, Growth, Change
    17:Economic Crises
    PART V The Ideology of the Market: Neoclassical Economics
    18:Free-market Economics
    21:Market Structures
    23:Economic Welfare and Neo-Liberalism
    PART VI Evolution and Reform: Institutional Economics
    24:Economy and Society
    25:A Dissident Tradition in Economics
    26:Economic Power
    27:Economic and Social Reform
    28:Corporate Globalisation
    PART VII Stabilising the Economy: Keynesian Economics
    29:The Disillusioned Defence of Capitalism
    30:Constructing a Keynesian Model
    31:Instability in a Monetary Economy
    32:Macroeconomic Policy
    33:The Keynesian Legacy
    PART VIII Contemporary Concerns: Modern Political Economy
    34:A Radical Reconstruction
    35:Economy and Environment
    36:Technology, Industry, Work
    37:Class, Gender, Ethnicity
    308c The Political Economy of the State:
    PART IX Whither Political Economy? Conflict and Progress
    39:Why Do Economists Disagree?
    40:A Level Playing Field for Economic Ideas?
    41:W(h)ither Capitalism?
    42:A Happy Ending?