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Advancing the Frontiers of Heterodox Economics - Essays in Honor of Frederic S. Lee (Hardcover)
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Advancing the Frontiers of Heterodox Economics - Essays in Honor of Frederic S. Lee (Hardcover)
Series: Routledge Advances in Heterodox Economics
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This collection of essays honors the life and work of one of the
most prominent and fervent heterodox economists, Frederic S. Lee,
who has been at the heart of the heterodox economics movements for
the past three decades. Authors in this book demonstrate that
heterodox economic has transcended the criticism of mainstream
economics and, more importantly, that constructive developments are
in the making by way of cross-communications among various
heterodox economics traditions. Frederic S. Lee's contributions to
heterodox economics are centered on three themes: the making of a
history and identity of heterodox economics, heterodox
microeconomics, and the heterodox analysis of social provisioning.
Part I addresses the importance of history, theory, research
methods, and institutions in the making of the identity of
heterodox economics as an alternative to mainstream economics. Part
II delves into heterodox microeconomic theories-in particular,
investment, pricing, competition, markets, and market governance-as
foundations of heterodox macroeconomic analyses. Part III expands
the analysis of the capitalist social provisioning process with an
emphasis on its subsystems and their relationships over historical
time. Part IV encapsulates the life and work of Frederic S. Lee.
Throughout his intellectual life Frederic S. Lee has shown to many
that the development of heterodox economics is rendered possible by
unselfish and ceaseless efforts to build both theory and
institutions. Essays in this book attest that establishing an
alternative critical theory to the status quo is not only possible
but also serviceable to the majority of the population.
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