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Social Fairness and Economics - Economic Essays in the Spirit of Duncan Foley (Paperback)
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Social Fairness and Economics - Economic Essays in the Spirit of Duncan Foley (Paperback)
Series: Routledge Frontiers of Political Economy
Expected to ship within 12 - 17 working days
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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.
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