Introducing a New Economics

Introducing a New Economics : Pluralist, Sustainable and Progressive

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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.
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Product details

  • Hardback | 384 pages
  • 150 x 230 x 33.02mm | 657.71g
  • London, United Kingdom
  • English
  • 074533489X
  • 9780745334899

Table of contents

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?
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Review quote

This is excellent: a clear, comprehensive and alternative introduction to Economics. -- Carlos Oya, Reader in the Political Economy of Development, SOAS, University of London 'There will be an increasing demand for books like this' -- Richard Wilkinson, co-author of The Spirit Level 'The only economics text that can help students make sense of today's world of ongoing economic and ecological crises' -- Steve Keen, author of Debunking Economics
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About Maria Alejandra Caporale Madi

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).
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