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).
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?