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Handbook of Research Methods and Applications in Heterodox Economics
Despite the important methodological critiques of the mainstream offered by heterodox economics, the dominant research method taught in heterodox programmes remains econometrics. This compelling Handbook provides a comprehensive introduction to a range of alternative research methods, invaluable for analysing the data prominent in heterodox studies. Providing a solid basis for a mixed methods approach to economic investigations, the expertly crafted contributions are split into three distinct sections: philosophical foundation and research strategy, research methods and data collection, and applications. Introductions to a host of invaluable methods such as survey, historical, ethnographic, experimental and mixed approaches, together with factor, cluster, complex and social network analytics, are complemented by descriptions of applications in practice. Practical and expansive, this Handbook is highly pertinent for students and scholars of economics, particularly those dedicated to heterodox approaches, as it provides a solid reference for mixed methods not available in mainstream economics research methods courses.
Research Handbook on Accounting and Information Systems
The role of the accountant is changing, as developments in technology alter the ways in which information is prepared and analysed. This Research Handbook addresses the use of both financial and non-financial information for planning, decision-making and control in organisations. Written by experts in the field, the book uses comprehensive literature reviews, empirical fieldwork and theoretical developments to provide an overview of research in this important area.
The China-US Trade War and South Asian Economies
The USA and China, the world’s largest economic powers, have been engaging in trade war since January 2018. The impact of this trade war is felt not only by US and China but also by other economies who have economic ties with them. This book provides insights into damages caused by this trade war. The first section of the book looks at the impact of the trade war on the global economy. It goes deeper to examine the trade war impact on the South Asian region. It is well-known that any imposition of new tariffs or an increase in existing tariffs would make imports more costly and render the exported goods less competitive. Yet, the book posits that the trade war has provided a window of opportunity to other countries not caught in it. The South Asian region, with countries like Bangladesh, India and Sri Lanka, has actually reaped benefits from the widening trade dispute between the world’s two biggest economies. This book will be a useful reference to help policymakers to undertake informed decisions and initiate programs to minimise the trade war impact.
Economic Imbalances and Institutional Changes to the Euro and the European Union
This book offers a critical perspective from which to observe evolution of the Euro Area and the European Union in these times of growing economic and political conflict.
Intangible Flow Theory in Economics
The dominant economic explanations of the 20th century are not comprehensive enough to describe the complexity of economy and society and their reliance on the biosphere. Intangible Flow Theory in Economics: Human Participation in Economic and Societal Production outlines a new theory that challenges both economics and the relativism conveyed in social constructivism, poststructuralism and postmodernism. To mainstream economics and Marxism, monetary flows transform us humans into commodities. To this new theory, flows of economic elements as physical goods or money are consummated by intangible flows that cannot yet be precisely appraised at an actual or approximate value, for instance, work...
Preventing the Next Financial Crisis
The collapse of Lehman Brothers, the oldest and fourth-largest US investment bank, in September 2008 precipitated the global financial crisis. This deepened the contraction in economic activity that had already started in December 2007 and has become known as the Great Recession. Following a sluggish and uneven period of recovery, levels of private debt have recently been on the rise again making another financial crisis almost inevitable. This book answers the key question: can anything be done to prevent a new financial crisis or minimize its impact? The book opens with an analysis of the main elements responsible for the 2007/2009 financial crisis and assesses the extent to which they are...
Capitalism, Institutions and Social Orders
Capitalism, Institutions and Social Orders develops a novel political economy approach by establishing a dialogue between the Social Structures of Accumulation (SSA) theory and Ernesto Laclau’s post-Marxism theory. Using this synthesis, it provides an in-depth analysis of Spain’s recent socio-economic evolution since the early 1990s. The book develops a theoretical framework capable of appraising capitalist dynamics together with their relationship to the institutional environment surrounding and structuring them. This is in order to explore the interrelation between the historical development of the capitalist mode of production, on the one hand, and the various co-existing social proce...
Foundations of Post-Schumpeterian Economics
The neo-Schumpeterian interpretation dominating the field of evolutionary economics puts focus on technological innovation, Darwinian evolution and economic growth, and has proven to be fertile ground for the past forty years. However, as the evolutionary school attempts to engage with a world of inequality, financialization and economic fragility, the limits of such an interpretation begin to show. Contributing to the development of a more balanced post-Schumpeterian economics, this book offers a complementary interpretation of Schumpeter’s theory which is based on economic innovation, Bergsonian creative evolution and monetary mechanisms and institutions. The theoretical consequences of ...
Politics and the Theory of Spontaneous Order
The theory of spontaneous order conceptualises and explains a number of institutional and social phenomena that are not an intended effect of either individual decisions or a collective consensus but an unplanned outcome of interactions between people pursuing their own aims. Drawing on these insights, this book demonstrates the utility of the theory of spontaneous order in explaining many phenomena in political economy and political science. The book opens with a discussion of the history and development of the theory of spontaneous order, particularly in economics and the Austrian School. The epistemological premises of the theory are then explored including the formulation of the central idea of social individualism. Demonstrating the potential applications of the theory of spontaneous order to politics, core ideas are examined including democracy, fragile states and the concept of the veil of ignorance. Finally, the limitations and constraints of the theory of spontaneous order are also reviewed and discussed. This book marks a valuable contribution to the literature on political economy, political science, public choice and political philosophy.
The SAGE Encyclopedia of Economics and Society
Economics is the nexus and engine that runs society, affecting societal well-being, raising standards of living when economies prosper or lowering citizens through class structures when economies perform poorly. Our society only has to witness the booms and busts of the past decade to see how economics profoundly affects the cores of societies around the world. From a household budget to international trade, economics ranges from the micro- to the macro-level. It relates to a breadth of social science disciplines that help describe the content of the proposed encyclopedia, which will explicitly approach economics through varied disciplinary lenses. Although there are encyclopedias of coverin...
