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One hundred years ago the idea of 'the economy' didn't exist. Now,
improving the economy has come to be seen as perhaps the most
important task facing modern societies. Politics and policymaking
are conducted in the language of economics and economic logic
shapes how political issues are thought about and addressed. The
result is that the majority of citizens, who cannot speak this
language, are locked out of politics while political decisions are
increasingly devolved to experts. The econocracy explains how
economics came to be seen this way - and the damaging consequences.
It opens up the discipline and demonstrates its inner workings to
the wider public so that the task of reclaiming democracy can
begin. -- .
Economics is a broad and diverse discipline, but most economics
textbooks only cover one way of thinking about the economy. This
book provides an accessible introduction to nine different
approaches to economics: from feminist to ecological and Marxist to
behavioural. Each chapter is written by a leading expert in the
field described and is intended to stand on its own as well as
providing an ambitious survey that seeks to highlight the true
diversity of economic thought. Students of economics around the
world have begun to demand a more open economics education. This
book represents a first step in creating the materials needed to
introduce new and diverse ideas into the static world of
undergraduate economics. This book will provide context for
undergraduate students by placing the mainstream of economic
thought side by side with more heterodox schools. This is in
keeping with the Rethinking Economics campaign which argues that
students are better served when they are presented with a spectrum
of economic ideas rather than just the dominant paradigm.
Rethinking Economics: An Introduction to Pluralist Economics is a
great entry-level economics textbook for lecturers looking to
introduce students to the broader range of ideas explored within
the economics profession. It is also appropriate and accessible for
people outside of academia who are interested in economics and
economic theory.
Economics is a broad and diverse discipline, but most economics
textbooks only cover one way of thinking about the economy. This
book provides an accessible introduction to nine different
approaches to economics: from feminist to ecological and Marxist to
behavioural. Each chapter is written by a leading expert in the
field described and is intended to stand on its own as well as
providing an ambitious survey that seeks to highlight the true
diversity of economic thought. Students of economics around the
world have begun to demand a more open economics education. This
book represents a first step in creating the materials needed to
introduce new and diverse ideas into the static world of
undergraduate economics. This book will provide context for
undergraduate students by placing the mainstream of economic
thought side by side with more heterodox schools. This is in
keeping with the Rethinking Economics campaign which argues that
students are better served when they are presented with a spectrum
of economic ideas rather than just the dominant paradigm.
Rethinking Economics: An Introduction to Pluralist Economics is a
great entry-level economics textbook for lecturers looking to
introduce students to the broader range of ideas explored within
the economics profession. It is also appropriate and accessible for
people outside of academia who are interested in economics and
economic theory.
One hundred years ago the idea of 'the economy' didn't exist. Now,
improving the economy has come to be seen as perhaps the most
important task facing modern societies. Politics and policymaking
are conducted in the language of economics and economic logic
shapes how political issues are thought about and addressed. The
result is that the majority of citizens, who cannot speak this
language, are locked out of politics while political decisions are
increasingly devolved to experts. The econocracy explains how
economics came to be seen this way - and the damaging consequences.
It opens up the discipline and demonstrates its inner workings to
the wider public so that the task of reclaiming democracy can
begin. -- .
'Our democracy has gone profoundly wrong. Economists have failed
us. Politicians have lied to us. Things must change. This fearless
new book will help make it happen' Owen Jones 'An explosive call
for change ... packed with original research ... a case study for
the question we should all be asking since the crash: how have the
elites - in Westminster, in the City, in economics - stayed in
charge?' Aditya Chakrabortty, Guardian 'Utterly compelling and
sobering' Ha-Joon Chang A century ago, the idea of 'the economy'
didn't exist. Now economics is the supreme ideology of our time,
with its own rules and language. The trouble is, most of us can't
speak it. This is damaging democracy. Dangerous agendas are hidden
inside mathematical wrappers; controversial policies are presented
as 'proven' by the models of economic 'science'. Government is
being turned over to a publicly unaccountable technocratic elite.
The Econocracy reveals that economics is too important to be left
to the economists - and shows us what we can do about it. 'A
rousing wake-up call from a collective of dissident graduate
students ... technically assured, well-argued and informative'
Robert Skidelsky 'If war is too important to be left to the
generals, so is the economy too important to be left to narrowly
trained economists ... thought-provoking' Martin Wolf 'An
interesting and highly pertinent book' Noam Chomsky
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