Political economy Books

Book SynopsisOffering a coherent overview of the historical and institutional context of enduring patterns in East Asian political economy, this updated and expanded second edition textbook explores the dramatic regional and international transformations that this key region has faced since the 2008 financial crisis. Key features of the second edition include: Utilizing an International Political Economy theoretical framework to offer a truly holistic view of the East Asian political economy Visual aids, including maps and illustrative figures, to demonstrate the economic, demographic and institutional changes in the region An empirical approach to political economy, employing cutting-edge research to provide students with a comprehensive guide to the subject Expanded coverage of national security, focusing on how this has risen on the political agenda in East Asia. Insightful and illuminating, this textbook is ideal reading for both upper level undergraduate and post-graduate courses relating to the politics and political economy of East Asia, as well as for students and researchers of political science investigating recent changes in international relations, global industry and trade and East Asian governance.Trade Review'This is a valuable and substantially updated edition. Ming Wan offers a discerning framework; consistent and easy-to-grasp evolutionary trends from the 19th century to the present day; insightful maps and data; and deep sensitivity to both regional trends and discrete national idiosyncrasies. Students and instructors alike will welcome its publication.' --T.J. Pempel, University of California, Berkeley, USTable of ContentsContents: Preface Part I: Introduction 1. Introduction 2. The East Asian National Systems of Political Economy Part II: Evolution of East Asian International Political Economy 3. The Chinese World Order 4. Modern Imperialism 5. The Cold War and the Economic Miracle 6. East Asia in Transition and China’s Rise Part III: Issues of East Asian Political Economy 7. The Political Economy of East Asian Production 8. The Political Economy of East Asian Trade 9. The Political Economy of East Asian Finance 10. The Political Economy of East Asian Monetary Relations 11. The Political Economy of East Asian Regionalism Conclusion Index

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Book SynopsisOffering a coherent overview of the historical and institutional context of enduring patterns in East Asian political economy, this updated and expanded second edition textbook explores the dramatic regional and international transformations that this key region has faced since the 2008 financial crisis. Key features of the second edition include: Utilizing an International Political Economy theoretical framework to offer a truly holistic view of the East Asian political economy Visual aids, including maps and illustrative figures, to demonstrate the economic, demographic and institutional changes in the region An empirical approach to political economy, employing cutting-edge research to provide students with a comprehensive guide to the subject Expanded coverage of national security, focusing on how this has risen on the political agenda in East Asia. Insightful and illuminating, this textbook is ideal reading for both upper level undergraduate and post-graduate courses relating to the politics and political economy of East Asia, as well as for students and researchers of political science investigating recent changes in international relations, global industry and trade and East Asian governance.Trade Review'This is a valuable and substantially updated edition. Ming Wan offers a discerning framework; consistent and easy-to-grasp evolutionary trends from the 19th century to the present day; insightful maps and data; and deep sensitivity to both regional trends and discrete national idiosyncrasies. Students and instructors alike will welcome its publication.' --T.J. Pempel, University of California, Berkeley, USTable of ContentsContents: Preface Part I: Introduction 1. Introduction 2. The East Asian National Systems of Political Economy Part II: Evolution of East Asian International Political Economy 3. The Chinese World Order 4. Modern Imperialism 5. The Cold War and the Economic Miracle 6. East Asia in Transition and China’s Rise Part III: Issues of East Asian Political Economy 7. The Political Economy of East Asian Production 8. The Political Economy of East Asian Trade 9. The Political Economy of East Asian Finance 10. The Political Economy of East Asian Monetary Relations 11. The Political Economy of East Asian Regionalism Conclusion Index

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Book SynopsisFor the last decade, progressive scholars determined to understand the 2008 financial crisis have examined the growth of US subprime mortgage debt in the period leading up to the collapse and how government policy supported this accumulation. However, the long history of the subprime crisis, its connection to the patterns of financial risk designated by the postwar international monetary system, has been all too often overlooked. Subsequently, the literature has considered the financial crisis as somehow disconnected from the specific evolution of the Bretton Woods financial system and the perceived safety of US Treasury bonds. With this, an important opportunity has been lost to develop critical political economy literature on financial markets. This book explores the long history of the subprime crisis through an original theoretic lens that sheds light on the institutional basis of global debt markets and the role of US Treasury debt in the international financial system.This book will introduce new ideas and appeal to university students and faculty interested in learning more about US financial power and the origins of the subprime crisis.Trade Review‘In this exemplary work of critical and cultural political economy, Scott Aquanno shines a bright light on the resilient financial foundations of American hegemony. Even those who see the world differently will benefit from engaging deeply with his analysis of “US risk power” as consolidated and extended through the international bond market.’Table of ContentsContents: Preface 1. Subprime markets in global capitalism: history and contradictions PART I ABSTRACT RISK AND US FINANCIAL POWER 2. Risking finance 3. The power of debt PART II THE DEEP HISTORY OF THE SUBPRIME CRISIS 4. International bonds and the Bretton Woods era 5. Volcker and the dollar standard 6. Bonding global markets 7. Regulating risk PART III THE SUBPRIME CRISIS AS THE CRISIS OF RISK 8. The risk crisis 9. Management renewed 10. The future of risk in the era of authoritarian capitalism References Index

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Book SynopsisThis visionary book seeks to uncover the main barriers to achieving greater social justice in existing twenty-first century capitalism. Developing a comprehensive consequentialist theory of justice applied to today’s global situation, Mike Berry adopts the thesis that, in order to move towards a more just world, the weaknesses of liberal democracy must be overcome through reconstructing robust, resilient social democracies.Arguing for the necessary interrelation of justice and democracy, the book presents a detailed analysis of the development of and threats to western democracy in the current phase of global capitalism. Chapters offer a progressive case for a reconstructed social democracy, rather than piecemeal reform of existing liberal democratic regimes. Berry examines how the oligarchic trajectory of capitalism must be stymied through radical institutional change and continual monitoring. The book concludes that this is a continuing political project, calling for new modes of mobilisation and the ecological emergence of new values and world views.Introducing the critical role of uncertainty and the relevance of real time to the question of progress defined as increasing justice, this book will be critical reading for scholars and students of political philosophy, political economy and public policy. It will also be beneficial for progressive policy makers and advisers questioning existing policy platforms and settings.Trade Review‘Mike Berry’s latest book gives us a basis for considering what a more disruptive and forward looking political economic project could be. Political economists have not always been all that clear in spelling out their politics. By this, I mean much more than a failure to spell out the ‘mechanics’ of how they think their critique of the status quo can be turned into an effective political program (which proved a fateful lacuna in Marx’s case). One aspect of the dissensus Berry is giving voice to engages fundamental ideas about justice and the good society. Whether you agree with Berry or not, he offers a basis on which we can start to think about what we want governments, markets and the community to do, and why.’ -- Rob Watts, Journal of Australian Political Economy‘Justice and Democracy is a well-written and engaging book. Being true to his rejection of a clear division of intellectual labour between a political philosopher and social scientist, Berry juxtaposes nicely philosophical thinking on justice with rich historical and political economy narratives of various current issues ranging from surveillance capitalism and the rise of populism to climate change and global pandemic.’> -- Sine Bag?atur, Housing, Theory and Society‘This work is accessible to newcomers and will keep old hands enthralled.’ -- Anitra Nelson, Progress in Political Economy‘A thorough reappraisal of the strained relationship between justice and democracy has never been more important than in our current global context of the Great Unsettling. Mike Berry not only offers a penetrating historical analysis of this relationship, but also provides a thoughtful roadmap to social justice based on the necessary restructuring of global capitalism. Rejecting both neoliberal market globalism and the populist retreat to economic nationalism, this book calls instead for a reglobalization of the enduring social democratic principles of equality, solidarity, and anti-authoritarianism. A must-read!’ -- Manfred B. Steger, University of Hawai'i at Manoa, US and Western Sydney University, AustraliaTable of ContentsContents: Introduction: anti-entropy – the idea of progress PART I THE IMPERATIVES OF JUSTICE 1. Why justice matters 2. The pursuit of the ideal 3. Working towards justice PART II THE FRAGILITY OF DEMOCRACY 4. Why democracy matters 5. The threats to democracy 6. Shoring up democracy Epilogue: looking forward References Index

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Book SynopsisThis comprehensive and stimulating Handbook examines the contribution of political economy to public policy. It provides an overview of several strands of critical political economy, supported by case studies from OECD countries, Latin America, South Africa, and South and East Asia.With discussions on key theories of political economy, the Handbook introduces cultural and feminist political economies, engaging critically with ordoliberalism and New Public Management. Chapters feature discussions on political economic approaches to the global division of labor, financialization and dispossession in Latin America, ecological perspectives on sustainability in China, global exploitation chains in agriculture, and postcolonial criticisms of economic development. The Handbook concludes with an exploration of the relationship between political economy and social policy, global health, and public policies.Providing a combination of critical engagement with the various theories of political economy and their application to key economic policies, this will be essential reading for students and academics in comparative politics, economics and finance, international relations, political economy, public policy, and political science. Policymakers interested in addressing socially and environmentally unsustainable practices will also find this an illuminating and informative resource.Trade Review‘Critical political economy has done much to debunk mainstream myths surrounding the “efficiency” of the market, the neutrality of the international division of labour, the desirability of “liberalisation”, and the implication that there are no alternatives to neoliberalism. Those criticisms are explained clearly in this brilliant volume; but the authors also sketch the contours of democratic and socially responsible forms of production, exchange, and social organisation. This is an indispensible volume for students, scholars, and activists working on global development.’ -- Alfredo Saad-Filho, King’s College London, UK‘This Handbook is a much needed response to the surge in scholarship on political economy over the past decade. It lays out the theoretical roots, the range of methodological approaches, and addresses a host of highly relevant issues, including labor, finance, and health care in different parts of the world. An exciting contribution to the ongoing debate.’ -- Katharina Pistor, Columbia Law School, USTable of ContentsContents: 1 Introduction to the Handbook on Critical Political Economy and Public Policy 1 Christoph Scherrer, Ana Garcia and Joscha Wullweber PART I THEORIES OF POLITICAL ECONOMY WITH PUBLIC POLICY IMPLICATIONS 2 Plurality of political economy approaches to the global division of labor 20 Christoph Scherrer 3 The cultural political economy approach to public policy 36 Bob Jessop and Ngai-Ling Sum 4 Institutionalist, regulationist and dependency approaches to transition countries’ economic policies 49 Joachim Becker 5 COVID-19 and the gender dilemma: blind spots in both macroeconomics and feminist economics 65 Brigitte Young 6 Ordoliberalism’s advice for economic policymaking 80 Pavlos Roufos 7 What is neoliberal about new public management? 95 Sahil Jai Dutta, Samuel Knafo and Ian Lovering PART II METHODS 8 Historical-materialist policy analysis of climate change policies 110 Etienne Schneider, Alina Brad, Ulrich Brand, Mathias Krams and Valerie Lenikus 9 Beyond methodological Fordism: the case for incorporated comparisons 127 Alexander Gallas PART III ENVIRONMENT 10 Land grabbing, financialization and dispossession in the 21st century: new and old forms of land control in Latin America 144 Karina Kato and Sergio Leite 11 Extractive economies and public policies: critical perspectives from Latin America 159 Bruno Milanez and Ana Garcia 12 Ecological perspectives on sustainability in China 176 Lau Kin Chi 13 Looking south: megaprojects, borders and (in)mobilities 186 Ana Esther Ceceña and Sergio Prieto Díaz PART IV FINANCE 14 Challenges for monetary policies in the 21st century: financial crises and shadow banking 204 Joscha Wullweber 15 Governance of the eurozone in the face of transnational crises dynamics 219 Hans-Jürgen Bieling 16 Chinese capitalism and the global economic order: the impact of China’s rise on global economic regulation 232 Jenny Simon 17 Taming dollarization hysteresis: evidence from post-socialist countries 247 Ia Eradze PART V LABOUR 18 Global exploitation chains in agriculture 262 Praveen Jha and Paris Yeros 19 The development of labor policies in China: from passive revolution to eroding hegemony 279 Elaine Sio-ieng Hui 20 The political economy of minimum wage policies 293 Hansjörg Herr 21 Just transitions: a historical relations analysis 310 Dimitris Stevis PART VI TAXATION 22 Critical political economy of taxation 327 Hanna Lierse 23 Global tax governance 341 Matti Ylönen and Lauri Finér 24 Globalization, international tax policy and the OECD 356 Lyne Latulippe PART VII TRADE AND ECONOMIC DEVELOPMENT 25 Postcolonial critique of economic development 374 Aram Ziai 26 Economic cycles and rural policies in the People’s Republic of China 387 Sit Tsui, Yan Xiaohui, He Zhixiong and Wen Tiejun 27 Trade and investment agreements from a critical international political economy perspective 402 Luciana Ghiotto 28 South Africa’s failed privatization, commercialization and deregulation of network infrastructure 413 Greg Ruiters and Patrick Bond PART VIII WELFARE 29 Care in global value chains 430 Christa Wichterich 30 The cultural political economy of housing policy in the era of the Islamist Justice and Development Party in Turkey 446 Ismail Doga Karatepe 31 The financialization of social policy: an overview 461 Lena Lavinas, Lucas Bressan, Pedro Rubin and Ana Carolina Cordilha 32 The political economy of global health and public policies 476 Jameson Martins and Deisy de Freitas Lima Ventura Index

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Book SynopsisSince Garrett Hardin published ‘The Tragedy of the Commons’ in 1968, critics have argued that population growth and capitalism contribute to overuse of natural resources and degradation of the global environment. They propose coercive, state-centric solutions. This book offers an alternative view. Employing insights from new institutional economics, the authors argue that property rights, competitive markets, polycentric political institutions, and social institutions such as trust, patience and individualism enable society to conserve natural resources and mitigate harms to the global environment.The authors support their argument by considering several types of commons: forests, fisheries, minerals, and the global environment. The central lesson of these empirical studies is that following a simple set of rules – definition and enforcement of property rights in response to local conditions, creating and maintaining democracy at the local level, and establishing markets to allocate resources – improves ecological and environmental sustainability.This book will appeal to scholars of natural resources, economics, political science and public policy as well as policymakers who are interested in environmental governance and the ways markets contribute to sustainability.Trade Review‘Toward a Political Economy of the Commons is an excellent volume. The authors have managed the remarkable feat of writing a concise and yet thorough account of one of the most complex problems in political economy. The book offers a great balance between theoretical discussions and in-depth case studies. The book also showcases the great explanatory power of the Ostromian approach to political economy which weaves together property rights economics, polycentric governance, and attention to civil society alongside formal politics.’ -- Vlad Tarko, The Independent Review: A Journal of Political Economy‘The cosmopolitan, self-governing, and dynamic vision provided in the book offers the most humane solution to some of society’s most challenging problems.’ -- Joshua Ammons, Public Choice‘This book is a unique and masterful attempt to combine an introduction to the problem of the commons with a critical analysis of some of the most relevant and interesting aspects related to their nature, variety of forms, and governance arrangements. The book is made even more remarkable by the fact that, in the analysis, it engages into an exemplary methodical use of the institutional theory and political economy apparatus, within an interdisciplinary setting.’ -- Paul Dragos Aligica, University of Bucharest, Romania and George Mason University, US‘This is a superb account of why discussions about sustainability cannot be divorced from an understanding of how alternative institutional arrangements condition the knowledge individuals and communities have about environmental dilemmas and their incentives to address them. Too often, debates about “commons problems” are clouded by analytical confusions and ideological blinders. While this book's authors have a point of view, their analysis does much to clear the confusion and to allow the sunlight of political economy to shine through.’ -- Mark Pennington, King's College London, UKTable of ContentsContents: Preface 1. The puzzle of the commons 2. The political economy of the commons 3. Governing forests 4. Governing fisheries 5. Governing minerals 6. Governing the global environment 7. Simple rules to manage the commons References Index

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Book SynopsisThis timely and provocative book challenges the conventional wisdom that neoliberal capitalism is incompatible with social justice. Employing public choice and market process theory, Nick Cowen systematically compares and contrasts capitalism with socialist alternatives, illustrating how proponents of social justice have decisive reasons to opt for a capitalism guided by neoliberal ideas. Cowen shows how general rules of property and voluntary exchange facilitate widespread cooperation. Revisiting the works of John Rawls, he offers an interdisciplinary reconciliation of Rawlsian principles with liberal democracy by introducing 'robust property-owning democracy', a new form of governance that aims to achieve social justice via practical, liberal means. Chapters address the knowledge problem and the incentive problem that emerge when aiming for a fair distribution of social resources and demonstrate how everyday political bargaining can help achieve just outcomes for all. Utilising insights from philosophy, politics and economics to show the role of market institutions and constitutional government in producing social justice, this book is crucial reading for academics, researchers and students of PPE and the political sciences. Its practical policy proposals will further benefit policymakers interested in mechanisms that spread the benefits of economic growth equitably.Trade Review’Neoliberal Social Justice brings important considerations like the knowledge problem and entrepreneurial discovery into debates about how the just society “should” be organized. The result is an analysis and set of public policy recommendations that are much more classically liberal than the ones that have emerged from the Rawlsian tradition. Economic liberties, Cowen argues, are a lot more “basic” than many political philosophers seem to think, and utopia—to paraphrase Georgetown University political philosopher Jason Brennan’s Why Not Capitalism?—is classically liberal.’ -- Art Carden, Regulation’It’s a very compelling and persuasive book, and it’s a very important contribution to how we think about inequality and institutions.’ -- Aeon J. Skoble, Independent Review‘Nick Cowen’s Neoliberal Social Justice can be regarded as an intellectual accomplishment. It not only contributes significantly to the growing research sub-field of PPE, but provides unique insights with regard to collective decision-making and the formulation of rules for an economic–socio–political order that works for all people. This book is required reading for all those interested in the pursuit of a freer and fairer world.’ -- Mikayla Novak, Public Choice‘To sum up, Neoliberal Social Justice is an important book, and I hope it receives the attention that it is due. Cowen makes two contributions that should change the discourse surrounding the ever-present Rawls and his theory of justice. First, for those who choose to work within ideal theory, Cowen shows that Rawls’s theory of justice is not as hostile to markets as initially seems to be the case. There are compelling arguments for a greater reliance on markets even if one accepts the ideal theorist’s sanguine behavioral assumptions. And second, for those who walk the relatively uncharted terrain of non-ideal theory, there is still much in Rawls to hold on to. Rawls’s theory can be made to work within the confines of more realistic behavioral assumptions, but the institutional implications of doing so are far different from what Rawls and his followers anticipated.’ -- Brian Kogelmann, The Review of Austrian Economics'Neoliberal Social Justice is a remarkable book. Nick Cowen shows that John Rawls's normative commitments, if complemented by institutional and market-process economics, actually support classical liberal public policies. This is a unique and extremely valuable achievement.' -- Mario Rizzo, New York University, US'The problem any political group faces is how to generate morally binding political choice that somehow reconciles the conflicting plans and purposes of many citizens. The ''first-wave'' Rawlsians argued that consensus necessarily emerges from the reasoned consideration of shared goals. The ''second-wave'', including Tom Christiano, Gerald Gaus, and others, used Rawlsian methods but amended Rawls's conclusions, suggesting concrete procedures by which a binding consensus could be generated. In this book, Cowen proposes a novel third approach: expand Rawls's approach to incorporate the limitations of real political arrangements to solve the problem of discovery and incentives. Cowen's conclusion, that even - and perhaps especially - doctrinaire Rawlsians should support liberal institutions such as market systems and capitalist profit and loss, is sure to generate controversy. But the book is well-argued, and the argument is firmly situated in substantive arguments in political philosophy. Cowen's work is a landmark in our understanding of the relationship between ethical theories and practical politics.' -- Michael C. Munger, Duke University, US'From Rousseau and Smith to John Rawls and Milton Friedman, liberalism has wished humans to be equal. In his closely argued yet lucid book, Nick Cowen melds the left and right of liberalism. Such an equality requires a plausible theory of what’s economically and politically possible. This Cowen elegantly supplies.' -- Deirdre Nansen McCloskey, author of Why Liberalism WorksTable of ContentsContents: 1. Introduction PART I WHY INSTITUTIONS MATTER IN IDEAL THEORY 2. Ideal theory and the basic structure 3. Knowledge, not incentives PART II DISTRIBUTIVE JUSTICE AND THE KNOWLEDGE PROBLEM 4. Rawls’ neoclassical economics 5. The burdens of knowledge 6. Why capitalism 7. Why not market socialism 8. Why not economic democracy PART III DISTRIBUTIVE JUSTICE AND THE INCENTIVE PROBLEM 9. Fairness failure 10. The constitutional point of view 11. The robust case for behavioural symmetry PART IV DISTRIBUTIVE JUSTICE AND ECONOMIC LIBERTY 12. Basic economic liberties and the moral powers 13. The subjective and objective conditions of the circumstances of justice 14. Developing moral capacities PART V ROBUST PROPERTY-OWNING DEMOCRACY 15. Defining property-owning democracy 16. The robustness critique of property-owning democracy 17. The case for a robust property-owning democracy 18. Conclusion Index

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Book SynopsisExamining the processes, evolution and consequences of China's rapid integration into the global economy, this Handbook highlights how China's role is ever increasing in prominence. The systematic structure offers an overview of the scope of China's global economic activities, with leading international scholars evaluating key theoretical debates and providing comprehensive coverage on all areas of international political economy. Chapters explore the behaviour, interests and motivations underlying China's international economic initiatives. The influence of both domestic and international politics is also discussed in terms of the country's global economic footprint. Through analyses of international economic engagements in areas such as trade, investment, finance, sustainable development and global economic governance, chapters give their assessment on the IPE of China and reveal how China's role on the political and economic stage is evolving. A much-needed reference for students and scholars of Chinese foreign policy, IPE and Asian studies, this Handbook enriches our understanding of the domestic and international contexts of China's global economic trajectory. Contributors: P. Andrews-Speed, M. Beeson, A. Berger, J.-M.F. Blanchard, P. Bowles, D. Di, A.D. Dixon, A. Fuchs, M.D. Harpaz, A. He, Y. Jiang, Y.-w.V. Li, W. Liang, B.K. MacLean, A. Malkin, D. McDowell, S. Meunier, B. Momani, B. Naughton, M. Pearson, X. Ren, M. Rudyak, B. Sheng, Y. Tu, M. Wan, J. Wang, X. Wang, S. Xu, P.K. Yu, K. Zeng, H. Zhang, Y. ZhengTable of ContentsContents: 1. Introduction Ka Zeng Part I Trade and the Changing Context of China’s International Political Economy 2. China’s International Political Economy Barry Naughton 3. China’s Trade Policy Bin Sheng and Xiaosong Wang Part II Foreign Direct Investment 4. Foreign Direct Investment in China Yu Zheng 5. Chinese Outward Foreign Direct Investment (COFDI) Jean-Marc Blanchard 6. Chinese Direct Investment in Europe: Economic Opportunities and Political Challenges Sophie Meunier 7. China’s Investment Relations with Japan Ming Wan and Hong Zhang 8. China’s International Energy Engagement Philip Andrews-Speed 9. The Political Economy of Chinese Investment Treaties Axel Berger Part III China and International Finance 10. You Can Check in Anytime You Like, but You Can (Almost) Never Leave Anton Malkin and Yu-wai Vic Li 11. From Tailwinds to Headwinds Daniel McDowell 12. U.S.-China Currency Disputes Yonghong Tu and Dongsheng Di 13. The China Investment Corporation and the Rise of Sovereign Wealth Funds Adam Dixon 14. The Domestic Politics of China’s Exchange Rate policy Alex He Part IV China and Global Economic Governance China in the Global Trading System 15. China and the WTO Marcia Harpaz 16. China’s Policy on Free Trade Agreements Yang Jiang China and Global Financial Governance 17. From Activism to Status Quo Anton Malkin and Bessma Momani 18. The Rise of a Constrained Power in International Financial Governance Jue Wang 19. China, the G-20 and Global Governance Xiao Ren 20. China’s Evolving Role in Global Governance Mark Beeson and Shaomin Xu 21. China and the “One Belt, One Road” Initiative (BRI) Wei Liang 22. China and Regional Financial Cooperation: From Observer, to Participant, to (Co)leader … of an Irrelevance? Paul Bowles and Brian K. MacLean China and International Development 23. The Motives of China’s Foreign Aid Andreas Fuchs and Marina Rudyak 24. China and Global Climate Change Governance Margaret Pearson 25. The Rise of China in the International Property Regime Peter Yu Index

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Book SynopsisThis original and insightful book considers the ways in which public law, which emphasises legality (the Demos), and economics, a science oriented towards the markets (the Agora), intertwine. Throughout, George Dellis argues that the concepts of legality and efficiency should not be perceived separately.An Economic Analysis of Public Law shows that combining these two disciplines allows for a more realistic view of decision-making and human action, leading to the creation of a 'new' public law that improves the functioning of non-consensual institutions. The book explores the ways in which this will lead to a better coexistence of Demos and Agora, especially in modern times of globalisation and competition among regulators. Chapters cover almost all aspects of the economic analysis of public law, such as the importance of economic analysis, design and decision-making for public institutions, and a general economic theory for public law and regulation.Students, scholars and researchers in disciplines such as law and economics, European and public law in general, as well as the philosophy of law will find this book to be a valuable resource. It will also be a companion for anyone who is interested in understanding how the Law of the State and the State itself evolve in the current, globalised world.Trade Review'An Economic Analysis of Public Law: Demos and Agora argues persuasively that public lawyers need to learn economics to help them promote effective and publicly acceptable legal reform in democracies. Law is not merely a formal category. It ought to help structure policy responses, both fairly and efficiently, in the face of scarcity, conflicting interests, and imperfect information. Especially in Europe, George Dellis's important book ought to help frame the debate over the functional role of law.' -- Susan Rose-Ackerman, Yale Law School, US'A crystal clear explanation of how economic analysis can be applied to public law. And a brilliant demonstration of what it can contribute to the analysis of public law, in spite of the epistemological and even philosophical differences that separate economics from public law theory in their premises. A fascinating book, indispensable reading for anyone looking for an ''advanced'' approach to public law.' -- Jean-Bernard Auby, Emeritus Public Law Professor, Sciences Po Paris, FranceTable of ContentsContents: Preface 1. Public law and economics: a necessary encounter 2. What a lawyer needs to know about economics: a rational (?) eye on everything 3. Economic analysis of public law: to the Coase theorem and beyond 4. To be or not to be? A general economic theory for public 5. Principles and methods for increasing efficiency in public law 6. Games of public power: what economics teaches us about constitutions 7. Between freedom and paternalism: an economic analysis of fundamental rights and the limits of public intervention 8. Modernising the demos: institutional architecture and procedural mechanics in public law 9. Economic analysis and the resolution of public law disputes: the scales, the sword and the blindfold of justice 10. The ascent of a new and efficient public law Bibliography Index

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Book SynopsisMalcolm Torry explores Citizen's Basic Income - an unconditional income for every individual - moving the reader from a basic understanding of the concept to an in-depth recognition of its wide-ranging implications. Torry examines debates around the desirability, feasibility and implementation of a Citizen's Basic Income, and how this idea is becoming increasingly widespread. This Modern Guide presents a comprehensive treatment of Citizen's Basic Income, first offering insight into the language surrounding it, and moving through a number of key disciplinary perspectives, including sociology, politics, economics and law. Each chapter discusses an academic discipline, looking at relevant aspects of the debate to understand how the discipline enhances knowledge of Citizen's Basic Income, and how discussion around the topic can contribute to the academic discipline. Containing detailed case studies in each chapter, this book will be helpful to a wide variety of scholars and students wanting a broader knowledge of Citizen's Basic Income. It will also be useful to policymakers who wish to engage in the debate on the potential benefits and drawbacks of a Citizen's Basic Income.Trade Review‘Malcolm Torry’s A Modern Guide to Citizen’s Basic Income is a welcome addition for any student of this concept. Torry maintains an objective balance in analysing the merits of the concept and he addresses many of the critiques levelled against it throughout the book. One of the truly refreshing aspects of this book is the heterodox treatment applied in attempting to understand and critique the idea of CBI.’ -- Arya Pillai, International Review of Public Policy‘Malcolm Torry is one of the most prolific, well-rounded, and knowledgeable researchers in the field of Basic Income. No one is better placed to write a multidisciplinary guide to the topic.’ -- Karl Widerquist, Georgetown University, Qatar'Malcolm Torry has been at the forefront of the British campaign for a universal basic income for more than 30 years. This new book explores how twelve academic disciplines - from ethics and psychology to history and law - shed light on the idea. For students and researchers looking to engage with the growing debate on UBI, Torry's book provides a very good place to start.' --Peter Sloman, University of Cambridge, UK'Malcolm Torry is one of the most prolific, well-rounded, and knowledgeable researchers in the field of Basic Income. No one is better placed to write a multidisciplinary guide to the topic.' --Karl Widerquist, Georgetown University, Qatar'Amid the recent explosion of scholarship on basic income Malcolm Torry has found a novel approach to exploring its theory and practice: an exploration of basic income through different disciplinary perspectives.' --Almaz Zelleke, New York University Shanghai, ChinaTable of ContentsContents: Preface 1. Introduction to a multidisciplinary study of Citizen’s Basic Income 2. The language of Citizen’s Basic Income 3. Histories of Citizen’s Basic Income 4. The ethics of Citizen’s Basic Income 5. The economics of Citizen’s Basic Income 6. The psychology of Citizen’s Basic Income 7. The social psychology of Citizen’s Basic Income 8. The sociology of Citizen’s Basic Income 9. Citizen’s Basic Income as social policy 10. The social administration of Citizen’s Basic Income 11. The politics of Citizen’s Basic Income 12. The political economy of Citizen’s Basic Income 13. The law of Citizen’s Basic Income 14. Conclusion Bibliography Index

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Book SynopsisThis timely book presents international and interdisciplinary perspectives on the dynamics, trajectories and consequences of Brexit. Focusing on the interaction of legal and economic issues, it evaluates the relevance of non-economic expectations and ‘red lines’ involved in the process of the UK’s exit from the EU.Contributors employ a range of methodological approaches, from game theory to the study of populism, to address the viability of WTO rules as an alternative to the EU’s internal market, future financial market regulation and commercial dispute settlement after Brexit. Chapters measure the trade-off between British autonomy and potential gains from trade, assessing how the UK may interact with the European Court of Justice and EU law. Incorporating insights from economics as well as European and international law, this thought-provoking book looks to the future of the UK and how it will contend with capital markets, adjudication of commercial law and pitfalls in the withdrawal agreement.Featuring law and economics viewpoints from renowned international scholars, this book will be indispensable reading for academic lawyers, economists and political scientists, particularly those with an interest in EU law and the implications of Brexit. It will also be useful to politicians, civil servants and legal practitioners in need of a measured response to the UK withdrawal agreement and the imminent outcomes of Brexit.Trade Review‘This is a remarkable book that provides an in-depth multidisciplinary insight into the legal and economic consequences of Brexit. It contains a careful analysis, supported with theoretical predictions and empirical data on the consequences of Brexit.’Table of ContentsContents: Preface vii 1 At Brexit crossroads: autonomy and gains from trade as alternatives? Introduction and overview 1 Hans-Bernd Schäfer and Jörn Axel Kämmerer 2 Some game-theoretic aspects of Brexit 34 Roland Kirstein 3 Brexit: populist reaction to the 2008 speculative bubble bursting? 77 Ejan Mackaay 4 Dead end or pathway to new relations? Structure and problems of the EU–UK Withdrawal Agreement 92 Jörg Philipp Terhechte 5 Services: market access and standards in future EU–UK relations 110 Friedemann Kainer 6 Brexit and how it affects capital markets (regulation) 142 Wolf-Georg Ringe 7 Third-country market access under Brexit: new wine in old bottles 177 Mathias Hanten 8 Settlement of international commercial disputes post-Brexit, or: united we stand taller 190 Giesela Rühl Index

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Book SynopsisCombining theoretical approaches with practical applications, Rethinking Social Capital delineates the meaning, uses, and problems surrounding the concept of social capital. Carl Bankston, a leading scholar in the field, offers a fresh take on the topic, presenting an original way of understanding social capital as a process.The book provides key definitions of social capital, describing its functionality, the surrounding theoretical issues, and its relationship with social structure. Examining capital in its various forms, Bankston discusses the complications of defining social relationships in a financial resource analogy as investments in future outcomes, and proposes an alternative of an original structural model that approaches social capital as a process. Chapters then explore the major applications of social capital theory: to families, communities and education; to formal organizations and informal networks; to class, race, ethnicity and inequality; and to the nation-state. This cutting-edge book is invaluable in clarifying ambiguities surrounding the concept of social capital to students and scholars of the social sciences. Its practical applications will also prove useful to policy makers and public policy institutes.Trade Review‘Rethinking Social Capital demystifies the idea of social capital and clarifies the various ways in which the term is used. Bankston thoughtfully and critically brings the disparate theoretical elements into a coherent model and applies it to investigating how social categories serve as historical sources of social networks and how different forms of networks within categories sustain social stratification. The book is beautifully written, and the narrative is captivating and engaging, offering a nuanced approach to understanding the roots of socioeconomic, racial, and ethnic inequality, as well as the contributions and limits of social capital theory.’ -- — Min Zhou, University of California, Los Angeles, US‘Carl Bankston has produced an important book that, I predict, will be read with profit by social scientists for many years to come. His theoretical analysis of “social capital” is original, comprehensive, rigorous and provocative. His critical mastery of the relevant literature is unrivalled. Rethinking Social Capital is a major achievement.’ -- Glenn Loury, Brown University, USTable of ContentsContents: Introduction: the project of Rethinking Social Capital PART I CLARIFYING SOCIAL CAPITAL THEORY 1. What is “social capital”? 2. How does social capital work? 3. Theoretical problems and complications 4. Social capital and social structure PART II APPLICATIONS OF SOCIAL CAPITAL THEORY 5. Families, communities, and education 6. Formal organizations and informal networks 7. Class, race, ethnicity, and inequality 8. Social capital and the nation-state Conclusion: social capital rethought References Index

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Book SynopsisThe twenty-first century has seen major challenges to freedom and democracy. Authoritarianism is on the rise and democracy is in retreat. Some promote individualism and markets as the solution to almost every problem. On the other side there are those who champion collectivism and full public ownership. Neither side is convincing. Unrestrained capitalism has exacerbated inequality. Socialism in practice has ended democracy. Effective defenders of liberty and human flourishing must find a different course. This book argues for a pragmatic, social democratic liberalism that avoids unrealistic extremes and tackles major problems such as inequality and climate change.This book is a topical and powerful statement of social democratic liberalism. It will be of interest to anyone concerned about modern politics, including those in universities and political partiesTrade Review'Large-scale socialism has failed, but markets alone are not the solution, says Geoffrey Hodgson in this highly engaging and readable book. To meet the many challenges we face today, what we need is ''liberal solidarity,'' or what he also calls a regenerated form of ''social democratic liberalism''. We must begin by recognizing one essential fact: Bentham was wrong. Human beings are not just pleasure-seeking, utility-maximizing creatures. They have deep moral sentiments and dispositions that cause them to understand their obligations to others. Full of insights and suggestions, this is a compelling read.' -- Helena Rosenblatt, City University of New York, USTable of ContentsContents: Preface 1. Introduction to Liberal Solidarity: The Political Economy of Social Democratic Liberalism 2. On the evolution and diversity of liberalisms 3. On the rights and wrongs of individualism 4. Liberty, autonomy and needs 5. The worm that is gnawing at the insides of our civilization 6. The evolution of human nature and moral judgment 7. Markets, motivations and morality 8. Is everything already a market? 9. The necessity of democracy – and its limits 10. Capitalism, socialism and the climate crisis 11. Reducing inequality – and a general conclusion References Index

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Book SynopsisThe twenty-first century has seen major challenges to freedom and democracy. Authoritarianism is on the rise and democracy is in retreat. Some promote individualism and markets as the solution to almost every problem. On the other side there are those who champion collectivism and full public ownership. Neither side is convincing. Unrestrained capitalism has exacerbated inequality. Socialism in practice has ended democracy. Effective defenders of liberty and human flourishing must find a different course. This book argues for a pragmatic, social democratic liberalism that avoids unrealistic extremes and tackles major problems such as inequality and climate change.This book is a topical and powerful statement of social democratic liberalism. It will be of interest to anyone concerned about modern politics, including those in universities and political partiesTrade Review'Large-scale socialism has failed, but markets alone are not the solution, says Geoffrey Hodgson in this highly engaging and readable book. To meet the many challenges we face today, what we need is ''liberal solidarity,'' or what he also calls a regenerated form of ''social democratic liberalism''. We must begin by recognizing one essential fact: Bentham was wrong. Human beings are not just pleasure-seeking, utility-maximizing creatures. They have deep moral sentiments and dispositions that cause them to understand their obligations to others. Full of insights and suggestions, this is a compelling read.' -- Helena Rosenblatt, City University of New York, USTable of ContentsContents: Preface 1. Introduction to Liberal Solidarity: The Political Economy of Social Democratic Liberalism 2. On the evolution and diversity of liberalisms 3. On the rights and wrongs of individualism 4. Liberty, autonomy and needs 5. The worm that is gnawing at the insides of our civilization 6. The evolution of human nature and moral judgment 7. Markets, motivations and morality 8. Is everything already a market? 9. The necessity of democracy – and its limits 10. Capitalism, socialism and the climate crisis 11. Reducing inequality – and a general conclusion References Index

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Book SynopsisElgar Research Agendas outline the future of research in a given area. Leading scholars are given the space to explore their subject in provocative ways, and map out the potential directions of travel. They are relevant but also visionary.This thought-provoking Research Agenda examines themes within economic studies that have become active areas of commentary for economists of the Austrian School. Contributors establish their own distinctive interpretations of how an Austrian Research Agenda should appear, clearly demonstrating there is no set dogma within Austrian economics.Chapters provide state-of-the-art dialogues surrounding the many complex dimensions of Austrian economics, including the School’s responses to behavioral economics and the theory of public goods. This book portrays Austrian economics as constantly evolving and its ultimate endeavour is to prompt further contributions and discussions surrounding the Austrian School. This erudite Research Agenda will be highly beneficial for graduate students studying political economics, market processes and economic development, seeking to understand the unique dimensions of Austrian economics. It will also be of great value to academics endeavouring to conduct comparative studies of different economic schools of thought.Trade Review‘The wide-ranging chapters in this volume will be of great interest to scholars from across the social sciences. They demonstrate that Austrian economics remains a lively and progressive research program with important contributions to make to the most pressing issues in contemporary scholarship and policy.’ -- Christopher Coyne, George Mason University, US‘A Research Agenda for Austrian Economics offers an overview of the most recent contributions of modern Austrian economics to some of the most pressing issues of political economy. The chapter authors are highly regarded scholars in their area of expertise and do a remarkable job summarizing the latest research in their field. More importantly, they demonstrate how Austrian economics is usefully contributing to that literature and identify research avenues for future work in Austrian economics. This book will be particularly useful for young scholars seeking to learn how to conduct relevant and cutting-edge research in Austrian economics.’ -- Daniel J. Smith, Middle Tennessee State University, US‘Austrian economics is steeped in history. But what of its future? To find out, A Research Agenda for Austrian Economics taps some of the tradition’s most prolific young scholars. Their chapters leave no doubt that the future of Austrian economics is bright. And Louis Rouanet’s opening address to fellow Austrians is magnificent.’ -- Peter T. Leeson, George Mason University, US‘The Austrian School was most clearly distinguished from mainstream economics in the latter half of the twentieth century as a result of the socialist calculation debate. With that issue settled, this book shows that the Austrian School’s ideas remain relevant to contemporary economic issues.’ -- Randall G. Holcombe, Florida State University, USTable of ContentsContents: Introduction to A Research Agenda for Austrian Economics xi Louis Rouanet 1 An Austrian perspective on militarism 1 Abigail R. Hall 2 Monetary policy and business cycles: a post-crisis research agenda for Austrian economics 21 Bryan P. Cutsinger 3 Austrian economics and mainstream entrepreneurship: retrospect and prospect 45 David S. Lucas 4 Knowledge and incentive problems in regulatory studies: an Austrian perspective 69 Diana W. Thomas and Michael D. Thomas 5 Reasonable disagreement: Austrian responses to behavioral economics 89 Ennio E. Piano 6 EPE and the Viennese students of civilization 113 Marta Podemska-Mikluch 7 Accounting and finance: capital and cost in economics 131 Peter Lewin and Nicolas Cachanosky 8 An Austrian reassessment of the theory of “public goods”: what is left (and right)? 147 Rosolino Candela and Vincent Geloso Conclusion: Steve Horwitz (1964–2021): teacher, scholar, and public intellectual 165 Peter J. Boettke Index

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Book Synopsis'This book is a remarkable and often inspirational tour de force. Martin Jones confidently moves between theories of political economy and stories of regional and urban policy, using each to inform the other. He brings the uneven geographies of England to life, showing how they are reproduced in practice, while also offering the prospect of alternative futures.'- Allan Cochrane, The Open University, UKOffering a geographical political economy analysis, this book explores the mechanisms, institutions, and spaces of subnational economic development. Martin Jones innovatively examines how policy-makers frame problems and offer intervention solutions in different cities and regions.Drawing on different approaches to state intervention, neoliberalism, crisis and contradiction theories, and notions of depoliticisation, this book explains policy failure and how it is impacted by flux surrounding economic development. With constant changes to legislation, institutional initiatives, and ministerial responsibility, local and regional economic development is shown to be at a critical crossroads.Theoretically innovative and empirically focused, this timely book is a must-read for researchers and policy-makers of urban geography, regional development, political economy and public policy.Trade Review‘Cities and Regions in Crisis presents a rich and insightful analysis of urban and regional governance in England. Jones has rather successfully curated a body of work that not only documents, but also questions the notion of crises in the context of uneven development and, more specifically, in left behind places. It manages to be both comprehensive and inclusive, thoroughly researched and accessible, and highly theorized and policy relevant. It should be recognized as an important contribution to the fields of critical economic and political geographies, at what is ostensibly a defining moment for subnational economic development.’ -- Margaret Cowell, Spatial Research and Planning‘Jones provides us with a range and depth of theoretical foundations, arguments and empirics that gives the reader a variety of insights into the critiques of the economic policy in neoliberalism. The book memorably shows us that 'the need for new spatial frameworks and ways of coupling governance with regulation to hold down the global and ensure some level of social cohesion via applying the brakes on combined and uneven development has never been so urgent'. It provides not only with several highly relevant critical perspectives on the praxis within academia and in the public sphere in framing and managing the local, but it also offers a foundation of critique of neoliberal economic policy, discourses and place-making. Its application of theory in research and able linkage between theory and practical, concrete, ideas about government at the local level gives the reader not only the critical perspective but an idea of what can be done. This is a relevant book for any researcher or policymaker that grapples the linkage between institutional arrangements, governance, the changing contours of the economy, and the consequent effect on uneven development, resentment, and inequalities.’ -- Andreas Erlström, Eurasian Geography and Economics‘The book is a contribution to inter-disciplinary geographical political economy of cities and regions. Though based on England’s experience, the book is of general relevance and applicability across countries including India. It is a useful reference book for students, teachers, researchers, practitioners and policy makers who deal with multi-dimensional and comparative urban and regional economic governance and development issues in different countries and institutional set ups. The long list of references compressed in 48 pages at the end of the book is a fine source of comprehensive literature for both early and senior researchers in urban and regional development studies.’ -- M.R. Narayana, Aarthika Charche‘As Jones’ excellent study demonstrates, the last 30 odd years does not bode well, and without a challenge to the so-called ‘common sense’ of economic development, we will remain ensnared in the political and economy contradictions of neoliberalism. Exposing and challenging these contradictions, Cities and Regions in Crisis is essential reading for all scholars of the local state.’ -- Steven Griggs, Local Government Studies‘In Cities and Regions in Crisis, Jones achieves a synthesis of the literature critiquing neoliberal economic policy and space, and consolidates accounts of institutional changes and policy responses addressing the local effects of uneven development in the UK. His theoretical contributions are noteworthy, having been amongst the core group of scholars to challenge the neoliberal paradigm of development and carry associated ideas into the mainstream. His cases provide clear examples for applying theory in research. It is important for researchers and policy-makers to build upon the body of case research and to provide evidence that can be used to prevent the same failed policy responses from being repeated. For that, this book serves as a useful resource.’ -- Bradley Loewen, Regional Studies‘This book is a remarkable and often inspirational tour de force. Martin Jones confidently moves between theories of political economy and stories of regional and urban policy, using each to inform the other. He brings the uneven geographies of England to life, showing how they are reproduced in practice, while also offering the prospect of alternative futures.’ -- Allan Cochrane, The Open University, UK'Martin Jones is a critical economic and political geographer. This well-integrated monograph presents his radical, theoretically-informed, spatio-temporally nuanced, evidence-based research on cities and regions. While policy-relevant, it explains the many reasons why urban and regional policy-makers more often fail than succeed in delivering their changing projects. It deserves serious study.' --Bob Jessop, Lancaster University, UK'They say that crises are never really solved, only moved around. No one knows this better than Martin Jones, who for two decades has been one of the most astute, creative, and determined chroniclers of the churning ''system'' of urban and regional governance in England.' --Jamie Peck, University of British Columbia, Canada'In Cities and Regions in Crisis, Martin Jones has crafted a rich and grounded geographical political economy. Consolidating and integrating a deep and important body of work, he provides insightful analysis of urban and regional governance in England and extends this to reflect upon more progressive future directions. It offers much to inspire and inform research on the rolling predicament of governing uneven geographical development beyond its empirical focus.' --Andy Pike, Centre for Urban and Regional Development Studies (CURDS), Newcastle University, UKTable of ContentsContents: Preface Introduction: Geographical Political Economy, Neoliberalism, and the Crisis Space Impedimenta State PART I THE NEW LOCALISM 1. Government and Governance 2. Urban Crisis and Contradiction 3. Zones of Welfare and Workfare PART II THE NEW REGIONALISM 4. Regional Development Agencies 5. Spaces of Regionalism 6. City Region Building PART III THE NEW NEW LOCALISM 7. Locality Making 8. Devolution Dynamics 9. Devolution Depoliticisation PART IV ALTERNATIVES TO NEOLIBERALISM 10. Developing Inclusive Growth 11. Beyond Withered Local States Postscript: The Stoke Road to Brexit References Index

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Book SynopsisIn this innovative book, Ilan Kapoor and Gavin Fridell rethink development politics psychoanalytically, investigating its unconscious. Whereas mainstream development politics is organized around stability and rationality, psychoanalysis points to disharmony and irrationality, helping to explain the development subject’s often self-defeating behaviour — for example being seduced by growth and shopping, despite being aware of the inherent perils of inequality and climate crisis.Rethinking Development Politics reassesses development in relation to three significant schools of thought: Modernization; (neo)Marxist political economy; and Postdevelopment/Decoloniality. It exposes how all three disavow the unconscious temptations of development, resulting in the rationalization of the market, the undervaluation of fantasy and fetishism, and the advocacy of an uncritical politics of authenticity. The book distinguishes the psychoanalytic approach from its predecessors by focusing on contemporary case studies, including digital and green modernization, trade, neopopulism, anti-racist training, and radical politics in present-day Iran. Crucially, these case studies speak to the extent to which the unconscious may be a political resource for reconfiguring development politics to put the subaltern first.Proposing a distinctive method of inquiry, Rethinking Development Politics will be of great interest to students, academics, and researchers in development studies, psychology, sociology, international relations, political science, and peace and conflict studies. Its critical analysis will also be of great use to global agency officials, corporate policy-makers, public policy institutions, and activist and advocacy organizations.Trade Review‘This highly original and provocative “(un)thought experiment” engages in a compelling, well-written and razor-sharp ideology critique of the modernization, Marxist, postdevelopment and decolonial approaches to development. Focusing on six contemporary case studies, the book also hints at how development could be radically transformed through a “politics of desire” and a “politics of drive”. One does not have to be a fan of psychoanalysis in order to appreciate this work and its far-reaching implications for anyone doing and studying development.' -- Jan Orbie, Ghent University, Belgium‘This is a truly brave and thought-provoking book, written from a perspective that is too often rejected apriori by dismissive minds. Framed in an accessible language, it highlights the gaps and unconscious enjoyments of both mainstream and critical development. Importantly, it proposes routes ahead in which the unconscious constitutes not only a stumbling block, but also a political resource.’ -- Maria Eriksson Baaz, Uppsala University, Sweden‘Ilan Kapoor and Gavin Fridell confront the invisible but active unconscious in development politics and they deliver not just a “rethinking” of issues but an “unthinking” development politics - as they critique modernization, Marxist political economy, postdevelopment and decoloniality. Theirs is a refreshing take predicated on critical psychoanalysis, which explodes the seductive ideologies of development.’ -- Sabelo J. Ndlovu-Gatsheni, University of Bayreuth, GermanyTable of ContentsContents: 1 Introduction: rethinking development politics … psychoanalytically 2 Modernization: ideological cover for capitalist development 3 (Neo)Marxist political economy: failure to take fetishism seriously 4 Postdevelopment and Decoloniality: a politics of authenticity and disavowal 5 Case studies in development politics: psychoanalytic inflections 6 Conclusion: reworking development politics References Index

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Book SynopsisElgar Research Agendas outline the future of research in a given area. Leading scholars are given the space to explore their subject in provocative ways, and map out the potential directions of travel. They are relevant but also visionary.With contributions from an international range of experts, this cutting-edge Research Agenda collates the most important and emerging research in the field to map out the new directions and promising paths ahead for the international political economy (IPE).Probing the most promising lines of research on the crucial inter-connections of globalization and socioeconomic inequality, the book opens with an investigation into our understanding of how externally generated financial, health, and migration crises affect political economic systems worldwide. Chapters explore fundamental changes in the nature of IPE, including those driven by technology, power transitions, the geography of trade, new foreign aid channels, and economic espionage. Rethinking the future research agenda for IPE, the book concludes by challenging the underlying ideas and perspectives that shape the thinking and scholarship of the field.Countering the deep-rooted western, white-male orientation of traditional IPE research with the alternative perspectives of decolonial and feminist ecological thinkers, this innovative Research Agenda will prove invaluable to students, scholars and policymakers concerned with the future of the international political economy.Trade Review‘How can international political economy scholarship contribute to solving the existential challenges confronting humanity? This critically important question is the focus of the contributions in this ambitious volume. Pursuing the proposed research agenda will do much to revitalize and redirect IPE research to provide pertinent answers.’ -- Bernard Hoekman, European University Institute, Italy‘The timing of this book could not be better. There has been much debate recently about “gaps” in the agenda of international political economy. Deese and his colleagues deliver an excellent survey of key emerging areas of research that can be expected to help shape IPE scholarship in coming years.’ -- Benjamin J. Cohen, University of California, Santa Barbara, USTable of ContentsContents: Preface ix PART I INTRODUCTION Introduction to A Research Agenda for International Political Economy: New Directions & Promising Paths 3 David A. Deese PART II HOW AND WHY GLOBALIZATION INTERCONNECTS WITH SOCIO-ECONOMIC INEQUALITY WITHIN STATES 1 Globalization and income inequality 21 Eunyoung Ha 2 Away from the Global North: new directions in the politics of trade 39 Ida Bastiaens and Evgeny Postnikov 3 Turning out or turning away: international political economy effects on political participation 53 Celeste Beesley and Ida Bastiaens PART III IPE IN A CRISIS-DRIVEN WORLD: MITIGATING AND MANAGING EXTERNALLY INDUCED CRISES 4 International political economy and the study of financial crises 71 Puspa D. Amri 5 The political economy of One Health: implications for crisis governance research 89 John Connolly 6 Migration management and international political economy 103 Nicholas R. Micinski PART IV IPE IN TRANSITION 7 Geotech: converging technology, markets, and politics in international political economy 119 Mark Abdollahian and Zining Yang 8 From Chimerica to decoupling: US-China trade war and failed neoliberalism 141 Wei Liang 9 Cyber economic espionage: a framework for future research 159 William Akoto 10 Technology and the new geography of trade politics 171 Gary Winslett 11 The political economy of local aid: a new research agenda 183 Emily Scott PART V RESETTING THE IPE RESEARCH AGENDA 12 Feminist theory in international political economy 201 Corinna Dengler and Hanna Völkle 13 Decolonizing labor, land, and the Global South 215 Aaron Schneider Index

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Book SynopsisThis ground breaking Handbook brings together a number of chapters into one comprehensive book on the timely subject matter of the political economy of health and health care. The book contains up-to-date discussion on the state of the art of the key questions of the subject matter, and it provides a unique understanding of health policy making by drawing on an interdisciplinary approach to political economy. This Handbook highlights the key theoretical and empirical debates in academia and policy across a variety of scholarly groups, illustrating the various methods and principles used while sharing the common goal of understanding the institutional mechanisms, constraints, and determinants that influence decision-making. The expert contributors discuss the design of health care systems, political markets, financing and policy reforms, and healthcare during pandemics in six thematic sections, as well as providing insightful lessons to be learned for the future. Scholars and professionals interested in an in-depth state-of-the-art companion to the main issues under discussion of the effects of the design in our health systems, along with the constraints that they face, will find this Handbook an excellent resource.Trade Review‘Health systems and reforms in the health sector play a fundamental role in policy-making and in the political process, as emphasized during the COVID-19 pandemic crisis. This book collects important contributions to develop an innovative view of the political economy of health systems, where political and economic factors interact in determining policy decisions in the health care domain. The book provides an excellent unified, broad, and thorough vision of one of the most promising and interdisciplinary areas of the current and future political economy debate.’ -- Paola Profeta, Bocconi University, ItalyTable of ContentsContents: PART I INTRODUCTION TO THE POLITICAL ECONOMY OF HEALTH SYSTEMS 1 An introduction to the Handbook on the Political Economy of Health Systems 2 Alberto Batinti, Joan Costa-Font and Gilberto Turati PART II CONSTITUTIONAL DESIGN OF HEALTH CARE SYSTEMS 2 Health and healthcare as a human right 12 Hiroaki Matsuura 3 Do democratic regimes exhibit ‘better’ health outcomes? 27 Alberto Batinti and Joan Costa-Font 4 Soviet communism and later-life health and health care 42 Joan Costa-Font and Anna Nicińska 5 Federalism and tax-financed healthcare: economic advantages, dilemmas, and solutions 57 Roger D. Congleton 6 The coordination in European Union healthcare after Covid-19 70 Marco Buso, Massimo Bordignon, Rosella Levaggi and Gilberto Turati 7 Efficiency and equity effects of healthcare decentralization: evidence from Italy 85 Caterina Ferrario, Rosella Levaggi and Massimiliano Piacenza 8 Political economy of health care insurance expansion in Mexico 112 David G. Lugo-Palacios and Alejandro Sanders Villa 9 Weird health care for WEIRD societies? 130 Hartmut Kliemt PART III POLITICAL INSTITUTIONS, POLITICAL MARKETS AND HEALTH CARE DECISIONS 10 Medical composition of cabinets and the health care system 147 Joan Costa-Font, Nicolas Marchi and Debra Winberg 11 Women politicians and public health 157 Sonia Bhalotra and Mariana Lopes da Fonseca 12 Community and civic participation effects on health and well-being 177 Luke Munford and Daniel Gray 13 Ideology and health spending 200 Bernd Theilen 14 Lobbying, health, and healthcare 213 Nathaniel Z. Counts and Vinu Ilakkuvan 15 Healthcare corruption 236 Martin McKee, Eleanor Hutchinson and Dina Balabanova 16 Provider power and healthcare systems 247 Mason Barnard, Irini Papanicolas and Peter Smith 17 Health effects of trade policy and corporate interest groups 270 Pepita Barlow 18 Institutional quality and health outcomes 292 Giacomo De Luca, Domenico Lisi, Marco Martorana and Luigi Siciliani PART IV THE POLITICAL ECONOMY OF HEALTH CARE FINANCING AND POLICY REFORMS 19 Towards a general political economy of private supplementary health insurance 319 Claudio Lucarelli and Mark Pauly 20 Political economy of public financing of health in low- and middle-income countries 339 Sumit Mazumdar and Rodrigo Moreno-Serra 21 Political economy of health system reform: evidence from Spain 370 Guillem López-Casasnovas 22 The pharmaceutical patent system and access to medicines 380 Valbona Muzaka PART V POLITICAL ECONOMY OF HEALTH CARE DURING COVID-19 23 Covid-19 and the interest group approach to government 397 Peter T. Leeson and Henry A. Thompson 24 Political preferences and nudging for healthcare: evidence from Covid certificates 412 Mario Cesare Nurchis, Luca Salmasi and Gilberto Turati 25 Multilevel governance in the first wave of Covid-19 430 Marta Angelici, Paolo Berta, Joan Costa-Font and Gilberto Turati PART VI LESSONS FROM THE HANDBOOK 26 The political economy of health systems: research space, goals and lessons 447 Alberto Batinti, Joan Costa-Font and Gilberto Turati Index 454

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Book SynopsisThis book advances Post-Keynesian Institutional economics, an integrative tradition - inspired by keen economic observers such as John Kenneth Galbraith, Joan Robinson, and Hyman Minsky - that bridges Institutional and Post Keynesian economics. The tradition proved its worth by addressing the global financial crisis of 2007-2009, as well as by analyzing long-term trends accompanying the evolution of investor-driven (“money manager”) capitalism, including financialization, spreading worker insecurity, and rising inequality. This Modern Guide begins with the history and contours of Post-Keynesian Institutionalism, and then breaks new ground, extending recent analyses of contemporary economic problems, sharpening concepts and methods, sketching new theories, and synthesizing ideas across research traditions. Written by leading scholars, this authoritative collection identifies policy-relevant frontiers—on matters ranging from social capital and economic democracy to feminism and environmental sustainability—thereby setting an ambitious agenda for further Post-Keynesian Institutionalist research.In addition to being useful as a statement of current Post-Keynesian Institutionalist issues and research, the book serves as both a valuable reference volume and a source of material appropriate for course adoption for undergraduate and graduate students. Policymakers and policy analysts dissatisfied with the status quo should also find the book of interest. It will likely be especially relevant to those concerned with financial instability, worker insecurity, and inequality, problems that in recent years have had considerable economic and political consequences.Trade Review‘Charles Whalen and his contributors have distilled the core strengths of Post Keynesian, Evolutionary, and Institutionalist economics into a state-of-the-art review of Post-Keynesian Institutionalism. This book makes the strongest case for placing that tradition in the contemporary arsenal of scholars of economics and political economy.’ -- Anastasia Nesvetailova, United Nations Conference on Trade and Development, Switzerland‘In A Modern Guide to Post-Keynesian Institutional Economics, Charles Whalen assembles the valuable insights of a generation of Institutional economists whose research, in sharp contrast to Neoclassical orthodoxy, reveals how the real-world economic system actually evolves, operates, and performs.’ -- William Lazonick, University of Massachusetts, Lowell, US‘This Modern Guide offers a smart collection of essays on the intersection of economic growth, wealth and debt inequality, and financial stability, with plenty of attention to Hyman Minsky’s warning that institutions matter. Well-edited with great tables and graphics.’ -- Teresa Ghilarducci, The New School for Social Research, US‘Minsky always insisted that his theory was an elaboration of the evolution of the “financial structure,” while most only consider his idea of financial instability. This book is especially welcome as an elaboration of the idea of the evolving financial structure and how its institutions not only support economic expansion, but also produce financial instability.’ -- Jan Kregel, Levy Economics Institute of Bard College, USTable of ContentsContents: PART I INTRODUCTION 1 Introduction to the history, contours, and frontiers of Post-Keynesian Institutional economics 2 Charles J. Whalen PART II MONEY MANAGER CAPITALISM 2 The transition from managerial to money manager capitalism: the role of risk and its distribution 36 David A. Zalewski 3 Financialization and employment: a Post-Keynesian Institutionalist understanding of the transnational corporation under money manager capitalism 59 Avraham I. Baranes 4 Money manager capitalism and the coronavirus pandemic 89 Yan Liang and Charles J. Whalen 5 Wealth inequality, household debt, and macroeconomic instability 121 Christian E. Weller and Emek Karakilic 6 Labor-market institutions matter: inequality, wage policy, and worker well-being 144 Oren M. Levin-Waldman PART III CONCEPTS AND METHODS 7 Social capital and public policy: the role of civil society in transforming the state 173 Asimina Christoforou 8 Constructing an economically democratic society in the former Soviet Union: Post-Keynesian Institutionalist insights in historical perspective 194 Anna Klimina 9 A Post-Keynesian Institutionalist perspective from Latin America: the monetary circuit across stages of development 216 Alicia Girón 10 What do economists really mean? Post-Keynesian Institutionalists as economic translators 230 Timothy A. Wunder 11 Stock-flow consistent macroeconomic modeling and Post-Keynesian Institutionalism 253 Marc Lavoie PART IV THEORIES AND SYNTHESES 12 The market for labor in Post-Keynesian Institutionalism: a theoretical framework 274 Eduardo Fernández-Huerga 13 The cyclical evolution of financial regulation: a theoretical explanation 299 Samba Diop 14 From Public Choice to Minskyan collective action: the case for macro rationality-based financial regulation 322 Faruk Ülgen 15 Women’s work and its conceptualization in Post-Keynesian Institutionalism 339 Anna Zachorowska-Mazurkiewicz 16 Toward real sustainability: incorporating insight from Ecological economics into Post-Keynesian Institutionalism 359 Charles J. Whalen Index

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Book Synopsis'Monetary policy is not just a matter of optimal stabilization policy; it is also fundamentally a matter of politics. But while this observation is commonplace, it is not adequately incorporated into economists' reasoning and analysis. Gerald Epstein's work represents perhaps the most prominent exception to this last rule. Reading him provides a salutary reminder that we need to pay closer attention to this political aspect when thinking about central banks and what they do.' - Barry Eichengreen, University of California, Berkeley, US Central banks are among the most powerful government economic institutions in the world. This volume explores the economic and political contours of the struggle for influence over the policies of central banks such as the Federal Reserve, and the implications of this struggle for economic performance and the distribution of wealth and power in society. Written over several decades by Gerald Epstein and co-authors, these works explore why central banks do what they do, and how they could better operate. Epstein shows that central banks are a contested terrain over which major economic and political groups fight for control; and demonstrates that though in the US and most other countries, private bankers have the upper-hand in this political struggle, they don t always win. Graduate students, faculty and advanced undergraduates in economics, political science and sociology who are interested in central banking and finance as well as specialists who focus on central banking will find greater understanding of central banks through The Political Economy of Central Banking.Trade Review'For decades Jerry Epstein has been shattering myths around central banking and forcing us to think differently about this institution. This invaluable collection brings together his path breaking work on the subject. A careful reading of the book makes it impossible to sustain the argument that central banks stand above politics and that they have served the public good through a single minded focus on inflation. The book arrives at precisely the right time, i.e., when we desperately need new ideas about how to remake our economic institutions so that they work for all.' --Ilene Grabel, University of Denver, US and author of When Things Don't Fall Apart: Global Financial Governance and Developmental Finance in an Age of Productive Incoherence'Central Bankers, and the Federal Reserve in particular, has been portrayed as a group of technocrats working to serve in the public interest. Through insightful analytical and empirical analyses, Jerry Epstein shows that in reality the Fed can act like a Wizard of Oz. Epstein's hard work pulls back the curtain for us all to see how Central Banking really works, and proposes concrete reform regarding how it can be the engine of an economy that promotes stability, growth and prosperity.' --Kevin P. Gallagher, Boston University, US'Professor Gerald Epstein has been a pioneer in extending political and class conflict considerations to the analysis of central banks and monetary policy. With regard to macroeconomics, he was one of the first to introduce the critical distinction between industrial and financial capital. With regard to monetary policy, he has been a leader in framing central banking as a politically contested space. That frame makes a mockery of mainstream claims that central banks can be politically neutral. Instead, they are riddled with the preferences and beliefs of those in control. This collection of his papers is both a tribute to Professor Epstein and an essential reference.' --Thomas Palley, independent economistTable of ContentsContents: Introduction Gerald Epstein PART I FINANCE, MACROECONOMIC POLICY AND CENTRAL BANKING: FROM VOLCKER TO TRUMP 1 ‘Domestic Stagflation and Monetary Policy: The Federal Reserve and the Hidden Election’, in Thomas Ferguson and Joel Rogers (eds), The Hidden Election: Politics and Economics in the 1980 Presidential Campaign , New York, NY, USA: Pantheon Books, 1981, 141–95 2 ‘Federal Reserve Behavior and the Limits of Monetary Policy in the Current Economic Crisis’, in Robert Cherry, Christine D’Onofrio, Cigdem Kurdas, Thomas R. Michl, Fred Moseley and Michele I. Naples (eds), The Imperiled Economy: Book I: Macroeconomics from a Left Perspective , Chapter 23, New York, NY, USA: The Union for Radical Political Economics, 1987, 247–55, references 3 ‘Trumponomics: Should We Just Say “No”?’, Challenge , 60 (2), 2017, 104–21 PART II CAPITALISTS, WORKERS AND WALL STREET: THE FIGHT FOR THE FEDERAL RESERVE 4 ‘Federal Reserve Politics and Monetary Instability’, in Alan Stone and Edward J. Harpham (eds), The Political Economy of Public Policy , Chapter 9, Beverly Hills, CA, USA: Sage Publications, 1982, 211–40 5 ‘The Federal Reserve–Treasury Accord and the Construction of the Postwar Monetary Regime in the United States’, with Juliet B. Schor, Social Concept , 7 (1), July, 1995, 7–48 6 ‘Monetary Policy, Loan Liquidation, and Industrial Conflict: The Federal Reserve and the Open Market Operations of 1932’, with Thomas Ferguson, Journal of Economic History , XLIV (4), December, 1984, 957–83 7 ‘Corporate Profitability as a Determinant of Restrictive Monetary Policy: Estimates for the Postwar United States’, with Juliet B. Schor, in Thomas Mayer (ed.), The Political Economy of American Monetary Policy , Chapter 4, New York, NY, USA: Cambridge University Press, 1990, 51–63 PART III THE POLITICAL ECONOMY OF CENTRAL BANKING: ANALYTICAL AND EMPIRICAL PERSPECTIVES 8 ‘Contested Terrain’, in Louis-Philippe Rochon and Sergio Rossi (eds), The Encyclopedia of Central Banking , Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing Ltd, 2015, 105–7 9 ‘Macropolicy in the Rise and Fall of the Golden Age’, with Juliet B. Schor, in Stephen A. Marglin and Juliet B. Schor (eds), The Golden Age of Capitalism: Reinterpreting the Postwar Experience , Chapter 3, Oxford, UK: Clarendon Press, 1990, 126–52, references 10 ‘Political Economy and Comparative Central Banking’, Review of Radical Political Economics , 24 (1), March, 1992, 1–30 11 ‘A Political Economy Model of Comparative Central Banking’, in Gary Dymski and Robert Pollin (eds), New Perspectives in Monetary Macroeconomics: Explorations in the Tradition of Hyman P. Minsky , Chapter 9, Ann Arbor, MI, USA: The University of Michigan Press, 1994, 231–77 12 ‘Profit Squeeze, Rentier Squeeze and Macroeconomic Policy Under Fixed and Flexible Exchange Rates’, Economies et Sociétés , 25 (3), November/December, 1991, 219–57 13 ‘The Rise of Rentier Incomes in OECD Countries: Financialization, Central Bank Policy and Labor Solidarity’, with Arjun Jayadev, in Gerald A. Epstein (ed.), Financialization and the World Economy , Chapter 3, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing Ltd, 2005, 46–74 PART IV INFLATION TARGETING VS. DEVELOPMENTAL CENTRAL BANKING 14 ‘Financialization, Rentier Interests and Central Bank Policy’, 2002, 1–43 15 ‘Central Banks as Agents of Economic Development’, in Ha-Joon Chang (ed.), Institutional Change and Economic Development , Chapter 6, New York, NY, USA: United Nations University Press and London, UK: Anthem Press, 2007, 95–113 16 ‘Developmental Central Banking: Winning the Future by Updating a Page from the Past’, Review of Keynesian Economics , 1 (3), Autumn, 2013, 273–87 17 ‘Achieving Coherence Between Macroeconomic and Development Objectives’, in Joseph E. Stiglitz and Martin Guzman (eds), Contemporary Issues in Macroeconomics: Lessons from The Crisis and Beyond , IEA Conference Volume 155-II , Chapter 11, Basingstoke, UK and New York, NY, USA, Palgrave Macmillan, 2016, 148–59 PART V THE FEDERAL RESERVE AND THE GREAT FINANCIAL CRISIS OF 2007–2008 18 ‘Have Large Scale Asset Purchases Increased Bank Profits?’, with Juan Antonio Montecino, Institute for New Economic Thinking (INET) Working Paper No. 5 , December, 2014, 1–25 19 ‘The Political Economy of QE and the Fed: Who Gained, Who Lost and Why Did it End?’, with Juan Antonio Montecino, Political Economy Research Institute (PERI) Working Paper Number 408 , November, 2015, 1–25 20 ‘The Impact of Quantitative Easing on Income Inequality in the United States’, November, 2018 PART VI REFORMING THE FEDERAL RESERVE 21 ‘Statement on Monetary Policy’, Testimony Prepared for the House Committee on Banking, Finance, and Urban Affairs , July 19th, 1983, 1–11 22 ‘A Debate with Robert Pollin: Should Congress Control the Federal Reserve?’, with Robert Pollin, Dollars & Sense , 136 , May, 1988, 12–17, 22 23 ‘Reforming the Federal Reserve for the 21st Century’, 2018 Index

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Book SynopsisUsing a range of calculative devices, (Mis)managing Macroprudential Expectations explores the methods used by central banks to predict and govern the tail risks that could impact financial stability. Through an in-depth case study, the book utilises empirically-informed theoretical analysis to capture these low-probability and high-impact events, and offers a novel conceptualisation of the role of risk modelling within the macroprudential policy agenda.The book asserts that central banks’ efforts to capture tail risks go beyond macroprudential policy objectives of identifying and monitoring systemic risks to financial stability. It illustrates how the calculation of tail risk contributes to managing the expectations that regulated institutions have around the Bank of England’s macroprudential approach, its willingness to support struggling institutions, and its use of novel macroprudential policy tools. Situating tail risk within the broader realm of climate finance, chapters contend that the identification of future climate tail risks simultaneously reveals opportunities for private profit and non-bank lending within the financial system, in ways that are potentially destabilizing. The book concludes by highlighting the social and political limitations of central banks’ new macroprudential approach.Transdisciplinary in approach, this book will be invaluable to students and scholars interested in the intersections between climate studies, political science and public policy, environmental economics, banking and finance, and political economy. Its practical applications will also be a useful resource to climate and finance policymakers working in central banking.Trade Review‘John Morris and Hannah Collins are keen-eyed detectives. They take a seemingly innocuous technical exercise into assessing the risks of climate change to the UK’s financial sector and turn it into an imaginatively theoretical and empirically rich account of the wider implications of viewing climate change as just another set of risks to be managed by private finance and overseen by regulatory authorities such as the Bank of England. This bracing contribution will fire debate and shape an emerging and critical research agenda crossing financial geography, cultural economy, and climate justice.’ -- Michael Pryke, Open University, UK‘Why have central banks become preoccupied with developing strategies for coping with “tail risks” – highly unlikely but extremely damaging events? And what are the implications of these shifts in their practices for our collective ability to respond to the climate crisis? In this ground-breaking book, John Morris and Hannah Collins tackle these key questions by demonstrating how the Bank of England uses the governance of tail risk to actively reshape markets and change financial institutions’ expectations about their “carbon futures.” Crucially, they point to the dangers of reducing the governance of climate change to a calculable and profitable form of tail risk. As credit rating agencies, shadow banking institutions, and insurance companies begin to find new ways of profiting from these climate risks, they warn, it is the most vulnerable countries and populations that are likely to pay the highest price.’ -- Jacqueline Best, University of Ottawa, Canada‘A hugely impressive achievement and a very important read when considering the turbulent economic times in which we live. Morris and Collins lift the lid on the cognitive and calculative tools currently being used by central banks as they seek to secure the future against uninsurable financial risks.’ -- Matthew Watson, University of Warwick, UK‘The high-impact low-probability events of the global financial crisis prompted a powerful transformation of the probabilistic risk management practices of financial stability governance. Focused on the Bank of England, Morris and Collins show how this transformation has been enacted through novel devices of calculation and regulation, and how it is currently shaping the role of central banks in climate change governance.’ -- Paul Langley, Durham University, UKTable of ContentsContents: Preface 1. Introduction to (Mis)managing Macroprudential Expectations: the turn to tail risk PART I MANAGING MACROPRUDENTIAL EXPECTATIONS 2. Macroprudential expectations management 3. Cyclical tail risk 4. Exploratory tail risk PART II MISMANAGING CARBON FUTURES 5. Climate tail risks 6. Monitoring or marketing climate tail risks? 7. Shadow banking and carbon transition risk 8. Conclusions Bibliography Index

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Book SynopsisEconomics is business, and politics is power. In this insightful book, David Reisman explores the interaction between authority and exchange in a global village where individual nation states - once the pinnacle of political organisation - increasingly depend on each other for their material well-being. Taking a transnational and impartial perspective, the author builds a comprehensive and intricate narrative. He dissects the emergence of the contemporary global economy and explains its impact on the sovereignty and strength of nations. Reisman explores the ways in which liberals, socialists and nationalists can reach a viable consensus in a new social order where the national interest must be the global interest as well. Offering authoritative, integrated and critical guidance to a topic that is of ever greater importance, this book is crucial reading for students of global political economy and international politics.Trade Review'Global Political Economy is sweeping in its coverage of the major sub-areas of IPE, as well as its treatment of leading contributions to the field. The analysis of the three leading theories and nine sub-areas is probing, thoughtful and impressively balanced. This book will be useful for intermediate and advanced undergraduate courses, graduate students, and public officials at all levels of governance.' --David Deese, Boston College, US'In a crowded textbook market, Reisman's Global Political Economy stands out for its fresh heterodox perspective. Building outward from more conventional analytical approaches, Reisman offers unique insights into the interactions between economics and politics on the world stage. Accessible in style, the book is both instructive and provocative.' --Benjamin J. Cohen, University of California, Santa Barbara, USTable of ContentsContents: 1. A global political economy 2. Science and ideology 3. The National Interest 4. The Hegemon 5. Goods and Services 6. Regions and Blocs 7. The Developing Countries 8. Development and Trade 9. The Multinational Enterprise 10. International Liquidity 11. Money without Borders Bibliography Index

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Book SynopsisFor most economists, 'Austrian economics' refers to a distinct school of thought, originating with Mises and Hayek and characterised by a strong commitment to free-market liberalism. This innovative book explores an alternative Austrian tradition in economics. Socialist in spirit but too diffuse to be described as a single school of thought, it shares a common conviction that the market, while possibly a good servant, is a very poor master. Demonstrating how the debate on the economics of socialism began in Austria long before the 1930s, this unique book analyses the work and impact of many leading Austrian economists. Beginning with the Austro-Marxist theorists Otto Bauer and Rudolf Hilferding and moving through to the new generation of social democratic economists, most prominently Kurt Rothschild and Josef Steindl, The Alternative Austrian Economics provides insight into the history and evolution of socialist economics in Austria. Offering a previously underrepresented discussion of a century of Austrian socialist economics, this engaging book will prove to be of great value to Marxian and heterodox economists, historians of economic thought and political scientists interested in political economy.Trade Review'Economists associate the Austrian school with the free market classical liberal ideas of Ludwig von Mises and Friedrich Hayek, Professor King describes the ideas of another group of Austrian economists: Marxists who were active in Vienna in the early twentieth century, and later Austro-Marxists who built on their work. King's book is a delightful description of this intellectual community, and explains how their work was designed to be an extension and updating of Marx's ideas.' --Randall G. Holcombe, Florida State University, USTable of ContentsContents: 1. Introduction 2. ‘Red Vienna’ and the Roots of Austro-Marxism 3. The Young Rudolf Hilferding 4. Otto Bauer 1904-1914 5. The Economics of Socialism 6. Otto Bauer 1917-1938 7. Other Voices 8. The Heirs. I: Josef Steindl 9. The Heirs. II: Kurt Rothschild 10. What is Left Bibliography Index

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Book SynopsisAuthoritarian capitalism is rapidly evolving, intensifying and spreading across the globe. This updated second edition book demonstrates that the recent resurgence of fascism and repressive democracies are connected to and symptomatic of the fundamental authoritarianism of capitalism.Analysing how marketization is promoting political authoritarianism across the world, Peter Bloom tells a story of authoritarian progress in which capitalist sovereignty is replacing liberal and social democracy. In doing so, Bloom rethinks the structural and discursive role of sovereign power within capitalism, illustrating how the free market relies upon a range of authoritarian political fantasies not just for its growth but for its very survival. This fully updated edition reveals how this had led to an evolution from corporate globalization to a new era of ‘popular authoritarianism’, based on the political competition between far-Right ethno-capitalism and politically repressive capitalist democracy. Exploring new perspectives such as "the commons" and "degrowth development", it points to new possibilities for resisting authoritarian capitalism and reinvigorating democracy.The unique insights in this book will prove invaluable for students and scholars of political science, economics, development and organization studies, international relations and sociology. It will also be of interest to practitioners concerned with globalization, political authoritarianism, and the expansion of the free market.Trade Review‘This insightful book addresses a burning question: the relationship between capitalism and democracy in our crisis-ridden world. Bloom elegantly shows that the spread of capitalism worldwide has driven political systems towards increasingly authoritarian forms – and what we can do to reverse course, and build more tolerant and democratic societies. An essential read for troubled times.’ -- Alfredo Saad Filho, King’s College London, UKTable of ContentsContents: Preface to the Second Edition 1. The rise of authoritarian capitalism in the twenty-first century 2. Fantasizing authoritarian capitalism: a brief history 3. Globalization and the desire for authoritarianism 4. The market despots: the global capitalist fantasy of authoritarian nationalism 5. Developing authoritarian capitalism: the global capitalist fantasy of authoritarian modernization 6. The tyranny of (neo)liberal democracy: a global capitalist fantasy of authoritarian freedom 7. A responsible global hegemony: the capitalist fantasy of authoritarian “good governance” 8. Fighting for oppression: the battle between popular authoritarianism and repressive democracy 9. Conclusion: breaking free from authoritarian capitalism References Index

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Book SynopsisInnovative in its approach, Rethinking Public Choice reviews the concept of public choice since the 1950s post-war period and the application of economics to political practices and institutions, as well as its evolution in recent years attracting contributions from political science and philosophy. Examining the growing variety of theoretical orientations on the topic, such as entangled political economy and additive political economy, the book provides new analytical insights into combining the old and new to establish a more unified political economy. Richard E. Wagner expertly highlights the key issues an entangled economy can bring, including incomplete information and its constant evolution as it reflects ever changing public choice ideas. Wagner seeks to extend the reach of public choice by distinguishing the formal idea of rationality that has dominated public choice from the immensely varied practice of human action that opens up now directions for public choice. This insightful approach will prove an excellent resource for academics and scholars of economics and political science, as well as those within the field of public administration as it offers an excellent blend of all subjects.Trade Review‘Richard Wagner adds insight to public choice theory by depicting the complex relationships among political and economic actors that social scientists often overlook. Wagner’s approach to public choice will lead readers to a more realistic and complete understanding of the nature of political processes.’ -- Randall Holcombe, Florida State University, US‘Rethinking Public Choice is an elegantly written book of thoughtful and deep insights that present a powerful vision of economics as a social science. Wagner's modern framework of entangled political economy unifies public choice theory, constitutional economics, political economy and evolutionary economics. This is the perfect companion for students of public choice.’ -- Jason Potts, RMIT University, Australia‘Critics of Public Choice often attack absurdly simplified, “straw man” versions of the approach. Wagner offers an important and timely corrective, giving the intellectual (and, importantly, MORAL) foundations of public choice and its offspring, “entangled” political economy. This fascinating book is an essential overview of where public choice came from, and where it might go next.’ -- Michael Munger, Duke University, USTable of ContentsContents: Preface 1. Public choice as the economics of politics: its post-war origin 2. Rational action, human association, and the primacy of the social in human affairs 3. Thinking with models: an inescapable conundrum 4. Concepts and categories: how they influence where we look and what we see 5. Simple stipulation vs. complex emergence as modes of inquiry 6. Parasitical tectonics within entangled systems of political economy 7. The peculiar language of the public policy shell game 8. The multiple faces of federal government 9. Bureaucracy and the economic organization of political enterprise 10. What do central banks do within an entangled system of political economy? 11. Public choice, redistribution, and the relevance of the “Social Question” today 12. Eden, Babel, and some dialectics of constituting social order References Index

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Book SynopsisTaking an innovative look at the origins of economics, this forward-thinking book relocates economics from a materialistic general theory of rational action into an idealistic theory of social organization and individual action. Adding new insightful analytical methods such as complexity theory, graph theory and computational modelling to the original insights of the Scottish Enlightenment, Richard Wagner explores economics in an ever-changing society, looking at the key civilizing processes and the important social questions. Rethinking Economics as Social Theory moves away from the traditional review of analytical exercises and associated data and illustrates an enlightening scheme of thought where human societies are heterogeneous and not homogeneous and where change is continually in motion. Furthermore, Wagner theorises that economizing is a universal form of human action that plays out in numerous substantive directions and shows cooperation and conflict to have a yin-and-yang relationship. This illuminating book will prove an excellent resource for economists interested in working outside of comparative statics as well as social scientists looking for a broader vision of economics. Philosophers and those working in the field of biological sciences will also find this an informative read.Trade Review‘In Rethinking Economics as Social Theory, Richard E. Wagner offers an erudite and profound alternative to Max U, one that seeks to recover and embellish the insights of the Scottish Enlightenment. He invites us to consider social problems encompassing moral elements and to make room for complexity and time. In the spirit of Frank Knight, Wagner studies a “cacophonous” subject—society—comprising ever-shifting groups and subgroups and he reminds us that social systems are constantly in motion.’ -- Sandra J Peart, University of Richmond US‘Richard Wagner creates an ingenious form of social theory that both integrates and transcends a variety of orthodoxies and heterodoxies. Using insights from complexity theory, network theory, and computational modeling, Wagner brings new life to ideas about spontaneous ordering within societies initially articulated during the Scottish Enlightenment, showing those insights to be as relevant today as when they were initially articulated.’ -- Paul Dragos Aligica, George Mason University, US‘Taking seriously the task of rethinking economics, Richard Wagner has gone to the center of it. We are spirited beings capable of hoping, hating, learning, and doing, not flesh-covered robots enslaved to our programming. Our liberty of self-construction is hell on administrators, but endlessly fascinating for the true student of society. Buy this book, read it all, and walk away wiser.’ -- Roger Koppl, Syracuse University, US‘“Economic theory began as social theory,” writes Richard Wagner, and in this new book he restores the analytical connections. Wagner exposes the limitations of most contemporary theorizing to grapple successfully with the complexity of the human condition, which gives rise to both social cooperation and coalitional conflict. Market–state dualism, in both theory and practice, has led to an expansion of public ordering, but Wagner suggests that it is only by broadening the scope of private ordering that we can invite human spiritedness back to the drama of our lives in society.’ -- Lenore T. Ealy, Universidad Francisco Marroquín, GuatemalaTable of ContentsContents: Preface 1. Society as analytical object: some methodological challenges 2. Systems theory and parts-to-whole relationships 3. Cooperation, conflict, and the social organization of human activity 4. Rationality and the Janus-faced character of human reason 5. Markets, law, and moral imaginations: order theory redux 6. Main Street, Wall Street, and City Hall: exploring their entanglement 7. Civilizing processes and the social question reprised 8. Thymology, spiritedness, and the social organization of human activity 9. Rationality within systems: how time integrates subjective and objective probability 10. A portmanteau of themes in closing References Index

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Book SynopsisFew international organizations embody the idea of historical progress as strongly as the European Union (EU). This book addresses the main shortcoming of treating EU as a vehicle of progress and political unity between European countries: the disregard of such an approach for the underlying diversity of the European continent.Critically examining the meta-ideology underpinning European integration, the author studies the implications of Europe’s heterogeneity, disagreements over European policies, and of pluralism of values for the EU’s governance. The book revisits legacies of post-communist transitions and the role played by international economic and political integration in Eastern Europe – as well as the implications of the EU’s enlargements for the EU’s governance. The result is a novel, polycentric perspective on the EU’s governance.Policy practitioners, commentators, and other opinion leaders as well as academics and students interested in applied political economy and European studies will value this extensive exploration of Governing the EU in an Age of Division.Trade Review‘I highly recommend this book to anyone interested in the fate of the European Union or generally how to govern in an age of division. Dalibor Rohac reminds us that the sovereign borders across Europe may be faint, but they are still very real. Ignore them at your peril. He also reminds us that the original plan for the EU—a single market cooperating on foreign defense policy and trade—was a good one. The EU should stick with the original plan. Some of his messages are subtle and yet also extraordinarily important in today’s age of division. The book crystallizes the challenges in governing the EU. Given Russia’s invasion of Ukraine, geopolitical tensions in the Taiwan Strait, global trade tensions and the weakening of our international institutions, this book is more important than ever. To survive this age of division, leaders across the EU may have to readjust their expectations for their great union, or else risk losing it.’ -- Christine McDaniel, Discourse Magazine‘Books about the European Union tend to be dry and academic. In this bracing addition to the literature, Dalibor Rohac breaks the mold. Neither an uncritical cheerleader of the EU nor a knee-jerk critic, he provides a rigorous examination of its short-comings and a measured appraisal of its successes. With engaging prose that manages both to inform and entertain, Rohac explains why everyone concerned about the fate of liberal democracy should care about the future of this much-maligned institution.’ -- James Kirchick, author, The End of Europe: Dictators, Demagogues, and the Coming Dark Age‘For too long, the European debate has been dominated by a conflict between centralisers and nationalists. They are seen as opposites, but share a neglect of Europe’s real strength – its openness and pluralism. Dalibor Rohac’s new book offers a sensible and desirable alternative, which makes it a necessary read for everyone interested in a liberal international order.’ -- Johan Norberg, Cato Institute, Washington D.C., US‘Dalibor Rohac isn't all misty-eyed when people talk about the European Union. Nor is he scornful, though, of the EU's real accomplishments and possibilities. This is a rare, hard-headed, and balanced look at an important part of the current geopolitical landscape. Read and learn.’ -- William Kristol, The Bulwark‘Dalibor Rohac‘s new book on Europe and the future of the European Union is elegant in style and thought-provoking in substance. Amidst Russia’s war on Ukraine and challenge to the European security order, Rohac asks penetrating and important questions about Europe’s political personality. With a robust defence of the West and constitutional liberalism, Rohac argues for European pluralism – a James Madison-style approach to European cooperation and power. It should be read by both scholars and political leaders!’ -- Fredrik Erixon, European Centre for International Political Economy (ECIPE), Brussels‘Dalibor Rohac takes a close look here at the European Union. Unlike most conservative scholars who question the usefulness of multilateral institutions, he offers a very well-documented perspective on why the EU is here to stay – despite deep divisions among its members, despite frequent bureaucratic stalemate, and despite a nationalist momentum exemplified by Brexit. This is a book that should be read widely by policymakers and college students alike. For students, the extensive footnotes alone offer important guidance to the EU's often obscure decision-making processes and policies.’ -- – Charles Gati, Johns Hopkins University, US‘Dalibor presents a future vision of the EU which does not go as far as the United States of Europe or Federal Republic of Europe that many EUphiles wish to see. Instead, he calls for a more flexible arrangement recognising both the strength of the pluralism of Europe and the common interests of member states. This book deserves to be read by those who take an interest in EU affairs whether a believer in the project of political integration or a sceptic.’ -- Lord Syed Kamall, St Mary’s University, Twickenham, UKTable of ContentsContents: Preface 1. A glass half full or half empty? 2. The light that did not fail 3. The enlargement hangovers 4. What is European integration for? 5. Out of the Euro trap 6. Shared challenges, divergent interests, decentralized solutions 7. The superpower that wasn’t References Index

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Book SynopsisElgar Research Agendas outline the future of research in a given area. Leading scholars are given the space to explore their subject in provocative ways, and map out the potential directions of travel. They are relevant but also visionary. Highlighting the diversity and complexity of the global Basic Income debate, Malcolm Torry assesses the history, current state, and future of research in this important field. Cognisant of the increasing extent and intensity of the current Basic Income debate, Torry begins by defining relevant key terms. Each chapter offers a concise history of a particular subfield of Basic Income research, describes the current state of research in that area, and makes proposals for the research required if the increasingly widespread global debate on Basic Income is to be constructive. Subsequent chapters tackle research on financial and political feasibility; employment market effects; other economic and social effects; ethical justifications for paying everyone an unconditional income; and questions of implementation.This state-of-the-art Research Agenda will be of great value to students and scholars interested in social and economic history, the economics of social policy, and a Universal Basic Income. Its proposed strategies for carrying out future research on Basic Income will also benefit journalists, think tank staff, and policymakers.Trade Review‘The idea of an unconditional Basic Income is now discussed all over the world and it raises many questions, sociological and political as well as economic and administrative. Some of them are universal, others are country-specific. In the process of identifying the most important unanswered questions, Malcolm Torry provides a lucid, splendidly informed overview of what we currently know about the many versions of Basic Income and their likely effects.’ -- Philippe Van Parijs, University of Louvain, Belgium and Basic Income Earth Network‘Malcolm Torry’s knowledge of Basic Income research is encyclopaedic and probably unrivalled. Supporters and detractors of Basic Income alike will find much to stimulate new research enquiries in his latest work, which artfully navigates the varied outputs of the host of different disciplines now engaged in Basic Income studies. It combines conceptual clarity with a practical orientation to reform.’ -- Nick Pearce, University of Bath, UKTable of ContentsContents: Preface 1. Introduction to A Research Agenda for Basic Income 2. What is a Basic Income? 3. How could we pay for a Basic Income? 4. Employment market effects of a Basic Income 5. Economic effects of a Basic Income 6. Social effects of a Basic Income 7. What do people think of Basic Income? 8. Can we justify paying everyone a Basic Income? 9. Is a Basic Income politically feasible? 10. How would we implement a Basic Income? 11. Conclusion to A Research Agenda for Basic Income Bibliography Index

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Book SynopsisElgar Research Agendas outline the future of research in a given area. Leading scholars are given the space to explore their subject in provocative ways, and map out the potential directions of travel. They are relevant but also visionary. This exciting Research Agenda offers a multi-disciplinary and historically informed programme for the further investigation of the global political economy of the corporate sector. It tackles the question, can and should the corporation be reformed? Christopher May develops a range of intersecting areas for research while also offering an account of the possibilities for the reform of the global corporation. Based on an understanding of the history of corporations, the author provides key insights into their management and political agency as well as the operation of the global corporate supply chain. Drawing links between a range of disciplines and perspectives on business enterprises, May calls for a more nuanced understanding of the global corporate sector in order to better comprehend the contours of the contemporary global capitalist system. This Research Agenda will be a valuable resource for students and academics of politics, economics, sociology and law, who are curious to explore the corporation in relation to their area of study.Trade Review'May persuasively makes the case for scholars to take a more holistic approach to research on corporations. He rightly argues that too many scholars take a narrow disciplinary view, while others downplay or ignore corporations in their analysis. One theme throughout is how corporate leaders govern-within the organization itself and throughout global supply chains with significant consequences for society. This short yet comprehensive book covers the key issues and questions that scholars need to address to explain our current era.' --Virginia Haufler, University of Maryland, College Park, US'Firms and corporations have been out of fashion in recent decades. Christopher May's deeply researched and carefully constructed historical-social analysis of the corporation reminds us just why this is shortsighted. It is cross disciplinary in the best sense - reaching across an impressive mix of, often contradictory, source materials to make sense of how the corporation operates from the local to the global and ultimately challenging us: what should be done to reform one of the key actors in world politics?' --Stuart Shields, University of Manchester, UKTable of ContentsContents: 1. Introduction 2. The history of corporations and incorporation 3. Managing the corporation 4. Understanding the global corporate supply chain 5. The corporation’s political agency 6. Can the corporation be reformed? Should it be? References Index

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Book SynopsisThe Economics and Regulation of Digital Markets presents new findings and perspectives from leading international scholars on three critical areas of developing government policies. The first three contributions analyse digital markets and their regulation. Next is a discussion of the divergence of expert and public views on European democracy. The final contribution provides an analysis of the effects of firing notification procedures on wage growth. The functioning of digital markets, the state of democracy around the world, and rules that affect wages raise questions about the proper roles of government rules. This volume provides insights into these pressing and important issues.Table of ContentsChapter 1. The Economics and Regulation of Digital Markets; James Langenfeld, Chris Ring, and Frank Fagan Chapter 2. Is the Proposed Digital Markets Act the Cure for Europe’s Platform Ills? Evidence from the European Commission’s Impact Assessment; David J. Teece and Henry J. Kahwaty Chapter 3. Data, Power and Competition Law: The (im)possible Mission of the DMA?; Antonio Davola and Gianclaudio Malgieri Chapter 4. Rethinking Remedies for the Attention Economy; Francesco Parisi and Elvira Caterina Parisi Chapter 5: With the Naked Eye - Diverging Perspectives on the Evaluation of Democracy in the EU; Kamil Jonski and Wojciech Rogowski Chapter 6. Firing Notification Procedures and Wage Growth; Nicolae Stef and Anthony Terriau

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Book SynopsisThis wide-ranging set of papers deals with crucial questions in economic theory, economic policy and economic history. The papers help explain why economic performance deteriorated dramatically in the West over the past three decades as the ''Golden Age'' of capitalism after World War II was replaced by global neoliberal capitalism. They show that theoretical frameworks rooted in the radical and heterodox traditions can explain this evolution and the current global economic and financial crisis, something mainstream theories cannot do. Topics include but are not limited to: methodology: a critique of ''positivism'' is used to explain why mainstream reliance on fairy-tale assumptions should be replaced by realistic assumption sets as argued by Marx and Keynes Marx, Keynes and Minsky on financial market instability versus mainstream theories of ''efficient'' financial markets how Keynes's assumption that the future is unknowable revolutionized not only macro theory but the micro theory of agent choice as well structural causes of the current global financial crisis how innovative theories of competition, globalization, capital investment and financialization inspired by Marx, Keynes and Schumpeter can be used to explain the crisis tendencies of neoliberal capitalism the influence of class conflict on economic policy, including in the current ''austerity'' regimes. The papers in this book should be of interest to most economists and can be used in both graduate and upper level undergraduate courses. Many of these papers are accessible to anyone who reads the business press.Trade ReviewThis is a marvelous collection of essays of Jim Crotty. They are a joy to read, and provide contributions a plenty for analysing and understanding the evolution of capitalism through globalization and financialization, and developing theories alternative to the mainstream based on realistic assumptions.' --Malcolm Sawyer, University of Leeds, UK'No one has written with greater clarity and insight about economic theory and capitalist dynamics in the past three decades than James Crotty. This collection, assembling his best papers in one place, is a must-have for established and aspirational political economists alike. There is wisdom on every page.' --Gary Dymski, Leeds University Business School, UK'At a time when mainstream economics is being questioned across the world for its lack of relevance and inability to explain observed reality, James Crotty's work comes as a welcome reminder of how economics can be both relevant and insightful. This body of work spanning more than four decades is still fresh and topical, and essential reading for anyone who wants to understand contemporary capitalism.' --Jayati Ghosh, Jawaharlal Nehru University, New Delhi, IndiaTable of ContentsContents: Introduction PART I: METHODOLOGY AND THEORY AS IF REALITY MATTERED: FRIEDMAN VS. KEYNES, MARX AND MINSKY 1. The Realism of Assumptions Does Matter: Why Keynes-Minsky Theory Must Replace Efficient Market Theory as the Guide to Financial Regulation Policy 2. Are Keynesian Uncertainty and Macrotheory Compatible? Conventional Decision Making, Institutional Structures and Conditional Stability in Keynesian Macromodels 3. The Centrality of Money, Credit and Financial Intermediation in Marx’s Crisis Theory: An Interpretation of Marx’s Methodology PART II: UNDERSTANDING THE GREAT FINANCIAL CRISIS OF 2007-2008 4. If Financial Market Competition is Intense, Why are Financial Firm Profits so High?: Reflections on the Current “Golden Age” of Finance 5. Structural Causes of the Global Financial Crisis: A Critical Assessment of the “New Financial Architecture” 6. How Bonus-Driven “Rainmaker” Financial Firms Enrich Top Employees, Destroy Shareholder Value and Create Systemic Financial Instability PART III: KEYNES, THE “KEYNESIANS” AND “NEW KEYNESIANS” ON INVESTMENT THEORY 7. Is New Keynesian Investment Theory Really “Keynesian”?: Reflections on Fazzari and Variato 8. Owner-Manager Conflict and Financial Theories of Investment Instability: A Critical Assessment of Keynes, Tobin and Minsky PART IV: COMPETITION, GLOBALIZATION, ACCUMULATION AND FINANCIALIZATION IN THE SPIRIT OF MARX, SCHUMPETER AND KEYNES 9. Rethinking Marxian Investment Theory: Keynes-Minsky Instability, Competitive Regime Shifts and Coerced Investment 10. Core Industries, Coercive Competition and the Structural Contradictions of Global Neoliberalism 11. The Neoliberal Paradox: The Impact of Destructive Product Market Competition and Modern Financial Markets on Nonfinancial Corporation Performance in the Neoliberal Era PART V: RADICAL THEORY, CLASS CONFLICT AND POLICY IN THE US AND ABROAD 12. Was Keynes a Corporatist?: Keynes’s Radical Views on Industrial Policy and Macro Policy in the 1920s 13. Class Conflict and Macropolicy: The Political Business Cycle 14. The Great Austerity War in the US: What Caused the US Deficit Crisis and Who Should Pay to Fix It? 15. Was IMF-Imposed Economic Regime Change in South Korea Justified: The Political Economy of the IMF Index

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Book SynopsisExploring in depth the institutions that underpin the global economy, this study provides invaluable insights into why a minimum economic order has endured for so long and why states are unwilling to establish a maximum order, a global safety net for all. The author investigates how debt - a critical component of states’ infrastructure - leads to debilitating crises, and how these crises undermine the economic autonomy and political independence of states. A must read for those who wish to understand how the world economic order operates and impacts the well-being of individuals and entire populations, this book is indispensable for professionals and students in the fields of law, political sciences and international relations and those who seek to understand why economic peace is, in many cases, beyond our reach.Trade Review’It all comes together in Louka's extraordinarily lucid, accessible and realistic account of the structure and workings of the global political-economic system. Her book is rich in descriptions of key institutions and in contemporary and historic examples. Louka's deconstruction of the global law-making process and the regulatory initiatives of the key international institutions as well as her recommendations for securing minimum order in the system are refreshingly feasible and reasonable.’- Michael Reisman, Yale Law School, US’In this book, Elli Louka reassesses a collection of key issues that shape the international law and politics of the financial and monetary system, such as the making of economic policy, economic strategies of states, global economic conflicts, truces and peace, and global bodies, societies and guilds. The analysis is thoughtful and provocative which makes The Global Economic Order a most valuable and important contribution to financial and monetary system governance literature.’- Julien Chaisse, City University of Hong Kong, Hong Kong SAR’In this amazingly comprehensive book Elli Louka masterfully describes the politics and policies, the law and institutions, and the formal and informal processes and participants that have defined the global financial and monetary system, past and present. This is a sober and necessary explanation and evaluation of why and how minimum order has been maintained and why maximum order is so elusive.’ -- Jacob Katz Cogan, University of Cincinnati, College of Law, USTable of ContentsContents: Part I. Making Economic Policy 1. The One and Only Sovereign 2. The Trilemma Part II. Economic Strategies of States 3. The United States as the Global Sovereign 4. The Core and the Periphery Part III. Searching for World Order: Conflicts, Truces and Peace 5. Coordination and Conflict 6. The Gold Standard 7. From World War I to World War II 8. The Bretton Woods System 9. The Bretton Woods Collapse: the 1970s 10. The 1980s 11. The 1990s 12. The 2008 Financial Crisis 13. The International Monetary Fund and World Order Part IV. Global Bodies, Societies and Guilds 14. The Global Law-Making Process 15. Financial Infrastructure 16. Global Financial Regulation 17. Foundations of a Minimum Economic Order 18. Case Study-The Greek Debt Crisis (2009-2018) Index

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Book SynopsisThis timely book sets out a shrewd and comprehensive policy programme, for both 'microeconomic' supply-side settings of tax and regulatory systems, and 'macroeconomic' policies for fiscal and monetary policies to regulate demand and support the supply-side growth agenda. Explaining the numerous benefits of free trade after Britain's exit from the EU, and challenging the anti-Brexit argument, Patrick Minford builds on his extensive research into economic modelling to quantify the effects of Brexit and propose policies for the aftermath. Laying out an agenda for replacing social interventionist EU regulation with a robust free market framework, Minford proposes a radical tax reform programme to broaden the tax base and flatten marginal rates. This incisive book looks to the future of the UK beyond Brexit, addressing the effects of coronavirus and proposing an avenue of policies for recovery.Featuring key empirical analysis and insightful arguments, this book will be crucial reading for economists and policymakers investigating and overseeing the future of UK economic policy. It will also benefit scholars of economics and political economy, particularly those interested in tax reform programmes.Trade Review'Brexit offers the UK the opportunity to shake off the shackles of its EU past and rejuvenate its economy. In this book, Patrick Minford and David Meenagh set out the reforms needed - deregulation, free trade, and fiscal and monetary reform - to make Brexit a success. More markets, less government. UK policymakers should adopt After Brexit, What Next? as their canonical text.' -- Kevin Dowd, Durham University, UKTable of ContentsContents: Preface 1. Introduction and summary PART I RESTORING BRITAIN’S COMPETITIVENESS THROUGH FREE TRADE AND REFORMS OF THE TAX AND REGULATORY SYSTEM 2. The trade effects of Brexit on the UK economy 3. The costs of EU regulation 4. An agenda for tax reform PART II SUPPORTING BRITAIN’S ECONOMY THROUGH FISCAL AND MONETARY POLICY 5. Fiscal and monetary policy for the post-Brexit world 6. Reforming monetary policy for a normal future 7. Fiscal rules and the new fiscal programme 8. Public spending within the new fiscal programme 9. Conclusions Index

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Book SynopsisThis timely book sets out a shrewd and comprehensive policy programme, for both 'microeconomic' supply-side settings of tax and regulatory systems, and 'macroeconomic' policies for fiscal and monetary policies to regulate demand and support the supply-side growth agenda. Explaining the numerous benefits of free trade after Britain's exit from the EU, and challenging the anti-Brexit argument, Patrick Minford builds on his extensive research into economic modelling to quantify the effects of Brexit and propose policies for the aftermath. Laying out an agenda for replacing social interventionist EU regulation with a robust free market framework, Minford proposes a radical tax reform programme to broaden the tax base and flatten marginal rates. This incisive book looks to the future of the UK beyond Brexit, addressing the effects of coronavirus and proposing an avenue of policies for recovery.Featuring key empirical analysis and insightful arguments, this book will be crucial reading for economists and policymakers investigating and overseeing the future of UK economic policy. It will also benefit scholars of economics and political economy, particularly those interested in tax reform programmes.Trade Review'Brexit offers the UK the opportunity to shake off the shackles of its EU past and rejuvenate its economy. In this book, Patrick Minford and David Meenagh set out the reforms needed - deregulation, free trade, and fiscal and monetary reform - to make Brexit a success. More markets, less government. UK policymakers should adopt After Brexit, What Next? as their canonical text.' -- Kevin Dowd, Durham University, UKTable of ContentsContents: Preface 1. Introduction and summary PART I RESTORING BRITAIN’S COMPETITIVENESS THROUGH FREE TRADE AND REFORMS OF THE TAX AND REGULATORY SYSTEM 2. The trade effects of Brexit on the UK economy 3. The costs of EU regulation 4. An agenda for tax reform PART II SUPPORTING BRITAIN’S ECONOMY THROUGH FISCAL AND MONETARY POLICY 5. Fiscal and monetary policy for the post-Brexit world 6. Reforming monetary policy for a normal future 7. Fiscal rules and the new fiscal programme 8. Public spending within the new fiscal programme 9. Conclusions Index

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Book SynopsisExploring in depth the institutions that underpin the global economy, this study provides invaluable insights into why a minimum economic order has endured for so long and why states are unwilling to establish a maximum order, a global safety net for all. The author investigates how debt - a critical component of states’ infrastructure - leads to debilitating crises, and how these crises undermine the economic autonomy and political independence of states. A must read for those who wish to understand how the world economic order operates and impacts the well-being of individuals and entire populations, this book is indispensable for professionals and students in the fields of law, political sciences and international relations and those who seek to understand why economic peace is, in many cases, beyond our reach.Trade Review’It all comes together in Louka's extraordinarily lucid, accessible and realistic account of the structure and workings of the global political-economic system. Her book is rich in descriptions of key institutions and in contemporary and historic examples. Louka's deconstruction of the global law-making process and the regulatory initiatives of the key international institutions as well as her recommendations for securing minimum order in the system are refreshingly feasible and reasonable.’- Michael Reisman, Yale Law School, US’In this book, Elli Louka reassesses a collection of key issues that shape the international law and politics of the financial and monetary system, such as the making of economic policy, economic strategies of states, global economic conflicts, truces and peace, and global bodies, societies and guilds. The analysis is thoughtful and provocative which makes The Global Economic Order a most valuable and important contribution to financial and monetary system governance literature.’- Julien Chaisse, City University of Hong Kong, Hong Kong SAR’In this amazingly comprehensive book Elli Louka masterfully describes the politics and policies, the law and institutions, and the formal and informal processes and participants that have defined the global financial and monetary system, past and present. This is a sober and necessary explanation and evaluation of why and how minimum order has been maintained and why maximum order is so elusive.’ -- Jacob Katz Cogan, University of Cincinnati, College of Law, USTable of ContentsContents: Part I. Making Economic Policy 1. The One and Only Sovereign 2. The Trilemma Part II. Economic Strategies of States 3. The United States as the Global Sovereign 4. The Core and the Periphery Part III. Searching for World Order: Conflicts, Truces and Peace 5. Coordination and Conflict 6. The Gold Standard 7. From World War I to World War II 8. The Bretton Woods System 9. The Bretton Woods Collapse: the 1970s 10. The 1980s 11. The 1990s 12. The 2008 Financial Crisis 13. The International Monetary Fund and World Order Part IV. Global Bodies, Societies and Guilds 14. The Global Law-Making Process 15. Financial Infrastructure 16. Global Financial Regulation 17. Foundations of a Minimum Economic Order 18. Case Study-The Greek Debt Crisis (2009-2018) Index

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Book SynopsisPlato was the first of the great thinkers to integrate the economy into a wide-ranging synthesis of ethical absolutes and human interaction. In this original and stimulating book, David Reisman assesses his influential contribution to the political economy of production, consumption, distribution and exchange.Drawing on the whole of Plato's published work, this book explores Plato's insights into the core philosophical concerns of stability, hegemony, justice and balance. It situates Plato's economics in the context of fourth century Athens. It argues that the transition from oligarchy to democracy in the wake of the disastrous war with Sparta had reinforced the attraction of justice, moderation and the middle way to a political philosopher who wanted to reverse the decay in popular standards of right and wrong.Analytical but accessible, this book is crucial reading for students and scholars of economic and social thought. Researchers and practitioners interested in social and public policy will also benefit from this book's comprehensive and interdisciplinary approach.Trade Review'Historians of economic thought have traditionally questioned whether the ancient Greek philosophers understood the market system. In this highly perceptive book David Resiman argues that Plato appreciated how markets could set prices; he just did not make markets the focus of his economics. Rather, Reisman offers a convincing case that Plato employed a broad-based political economy where the market economy was contained within a social economy and a moral economy. Using his prior studies in the history of economic thought Reisman draws out the parallels and conflicts between Plato and such economic thinkers as Marshall, Veblen and Galbraith to show that Plato still has lessons for the modern world and especially for the post-modern world.' -- Donald Stabile, St. Mary's College of Maryland, USTable of ContentsContents: 1. Introduction 2. Justice 3. The divided soul 4. The part and the whole 5. Education 6. Form and philosophy 7. The political order 8. The social cycle 9. The economic system 10. A happy end References Works by Plato By other authors Index

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Book SynopsisThis book offers a novel account of the significant debt crisis which hit many developing countries during the 1980s. It starts with the flawed cycle of bank lending during the 1970s, and then moves from the opening act, in Mexico in 1982, until a solution was found with the 1989 Brady Initiative.The Debt Crisis of the 1980s also articulates closely the economic and financial dimensions alongside the political and multilateral ones. The key relation between debtor countries and the IMF is explored in detail, but the book also documents the tense and often coercive interactions with commercial banks as well as on the continuing resistance to the IMF-led strategy among G7 governments. How debt contracts were restructured during all those years helps understanding how the Brady Initiative worked in practice, and how it prepared the ground for the turn to global markets after 1990. This debt crisis was indeed one of the main incubators of globalisation. This underlines further its unique character in the long-run history of sovereign debts, before and after the 1980s.Remarkably, this book rests on in-depth interviews with the key players. Transcripts are included for the six most important players, including the former heads of the US Federal Reserve and the IMF. Archives from the IMF, the New York Federal Reserve, the Bank of England and commercial banks have also been systematically exploited, often for the first time ever. This narrative and analytical account of one of the biggest debt crises in history is addressed to students and researchers in economics, international history, political economy and socio-legal studies. It will additionally be of value for professional economists and lawyers working on sovereign debts.Trade Review‘This exquisitely timed and important book returns a twice-lost decade to its rightful place in sovereign debt theory and practice. An urge to forget for some combined with endless casual mentions to drain the 1980s of color and meaning in contemporary imagination. In place of generic cutouts of systemic crisis, deadweight loss, oppression, and financial alchemy, Jérôme Sgard offers an original account of institutional ferment, creative agency, and fraught politics at the root of international financial architecture.’ -- Anna Gelpern, Georgetown University Law Center, Washington DC, US‘The Debt Crisis of the 1980s: Law and Political Economy stands as the definite account of the 1980s debt crisis. Carefully written and thoroughly researched, it is a must read for anyone interested in the subject. As new political lenders put the post-1980s debt restructuring architecture under pressure, reading Sgard is as vital as it is urgent.’ -- Marc Flandreau, University of Pennsylvania, US‘This is an excellent book. It is by far the most illuminating account of the 1980s debt crisis that I have read. A first-rate work of historiography, drawing on new written and oral sources. Essential to understanding the birth of the IMF as a debt crisis manager, with implications for today and the future.’ -- Jeromin Zettelmeyer, Bruegel, Belgium‘After every major historical event there will be a period of time - a necessarily limited period of time - in which a chronicler will be far enough away from the event to permit a critical assessment of what happened but close enough in time that the principal actors in the drama remain available for oral interviews. For the global sovereign debt crisis of the 1980s, Professor Sgard has hit that temporal sweet spot perfectly. His meticulous historical research is enlightened by the personal recollections of many of the individuals who directed and endured those events.’ -- Professor (Hon.) Lee C. Buchheit, University of Edinburgh Law School, UK‘Jérôme Sgard’s book is both timely, well researched and enjoyable. It offers an insightful analysis of the first sovereign debt crisis of the post-WWII era, combining different original perspectives. Beyond the economic and financial dimensions, it covers accounting, prudential, legal and sociological angles, as well as highlighting leadership. It helps the reader meditate on the lessons to draw to better handle the current crisis.’ -- Pierre Cailleteau, Banque Lazard, Paris, FranceTable of ContentsContents: Introduction: the 1980s debt crisis in historical perspective 1 Inventing conditionality, exploring its politics (1946–1958) 2 The shortest sovereign debt cycle in history: 1973–1982 3 1982 4 The rules of the game: negotiation, enforcement, contestation 5 Multilateralism and legal ordering 6 Adjustment, inflation, investment 7 1987 8 Brady’s ways Conclusion: hindsight and foresight Testimonies: Paul A. Volcker, Jacques de Larosière, William R. (‘Bill’) Rhodes, Guillermo Ortiz, José Ángel Gurría, Charles Dallara, Index

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Book SynopsisThis insightful book provides a comprehensive analysis of the nationwide randomised Finnish basic income experiment 2017 to 2018, from planning and implementation through to the end results. It presents the background of the social policy system in which the experiment was implemented and details the narratives of the planning process alongside its constraints, as well as a final evaluation of the results.Empirical chapters analyse the outcomes of the experiment in relation to the employment, health and well-being, in various forms, of the recipients of unconditional income transfer. Phenomenological aspects of living on basic income, based on face-to-face interviews, are also reported, as well as media discourse on the experiment and its results. This thought-provoking book concludes with an examination of the political feasibility of basic income in Finland.Offering important lessons on the planning and implementation of such experiments in a developed welfare state, this unique book will be a vital resource for scholars and students of social policy, welfare economics, basic security and basic income.Trade Review‘...a highly insightful and easy-to-read study of an experiment considering the implications of BI.’ -- Floriane Geels, European Journal of Social Security‘The editors of this brilliant volume argue that basic income is the ‘‘money of trust‘‘. Basic income advocates and critics alike will read this book to unpack and correct the media portrait of an ambitious experiment designed to determine the extent to which we can or should trust one another and our social institutions. Researchers will be, by turns, fascinated and terrified by the “politics” of conducting controversial social experiments on vulnerable human beings under the gaze of the international media.‘Table of ContentsContents: 1 Introduction to the journey of the Finnish basic income experiment 1 Olli Kangas, Signe Jauhiainen, Miska Simanainen and Minna Ylikännö 2 The Finnish social security system: Background to the Finnish basic income experiment 6 Olli Kangas and Miska Simanainen 3 Making of the Finnish basic income experiment 18 Olli Kangas 4 Constitutional preconditions for the Finnish basic income experiment 37 Anna-Kaisa Tuovinen 5 Evaluation of the experiment 44 Signe Jauhiainen, Olli Kangas, Miska Simanainen and Minna Ylikännö 6 Basic income and employment 55 Minna Ylikännö and Olli Kangas 7 Subjective health, well-being and cognitive capabilities 71 Miska Simanainen and Annamari Tuulio-Henriksson 8 Financial well-being in basic income experiment 89 Maarit Lassander and Signe Jauhiainen 9 The bureaucracy of claiming benefits 106 Miska Simanainen 10 Trust, capabilities, confidence and basic income 117 Olli Kangas, Minna Ylikännö and Mikko Niemelä 11 What explains the popular support for basic income? 134 Miska Simanainen and Olli Kangas 12 Life on basic income – Interview accounts by basic income experiment participants on the effects of the experiment 150 Helena Blomberg, Christian Kroll and Laura Tarkiainen 13 Media coverage of the Finnish basic income experiment 169 Katja Mäkkylä 14 The feasibility of universal basic income 187 Olli Kangas Index

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Book SynopsisThis timely book explores the long-standing process of infrastructural integration across Europe, with a particular focus on the EU member states. It illuminates the main economic infrastructure sectors, including transport, energy and information, examining how the process of infrastructural integration reflects an alignment of the needs of the countries that are the main drivers behind this process.Colin Turner highlights how these inter-governmental driven processes are supported by a series of policy measures undertaken at the supranational level by the EU, largely through the trans-European network initiative. Multidisciplinary chapters offer a thorough examination of trends in regional integration, and an in-depth analysis of core infrastructure sectors. The book further looks at the co-operative territoriality that is needed for the integration process, and that is driven by an alignment between states’ territorial and geo-political strategies.Offering a contextualised analysis within the framework of state strategy, this will be an invigorating read for political economy and public policy scholars, particularly those focussing on the EU. It will also be helpful to public policy practitioners and sector specific consultants looking for up-to-date insights on the topic.Trade Review‘Colin Turner pays due attention to the financial and political challenges of massive transport projects as well as to the emergence of “soft infrastructures” and the role of the market in driving their development. Particularly novel, given the rise of the “information society”, is the focus on political efforts to create a common information area and the crucial role that digital infrastructures now play, considering how norms and standards are managed, and how issues of state control and sovereignty play out. A timely publication looking close up at a fascinating and complex subject that is at the intersection of regionalism, transport planning, geography, security, finance and political economy, technology studies, multi-level governance, EU politics and integration.’ -- Paul Stephenson, Maastricht University, the Netherlands‘Colin Turner’s insightful new book not only provides a comprehensive understanding of how Europe’s infrastructures have integrated over recent times but also useful new conceptual approaches and analytical frameworks for understanding the dynamics and development of infrastructure itself. I highly recommended it for anyone wanting to know more on the subject.’ -- Christopher M. Dent, Edge Hill University, UK‘Over more than twenty years Colin Turner has made a number of incisive and insightful contributions on infrastructure, and this book is another. Its analysis and observations on the concept and practice of regional integration are especially valuable at a moment in which, culturally and politically, disintegration is en vogue.’ -- Andrew, Mearman, University of Leeds, UKTable of ContentsContents: Preface 1. Territoriality and the European infrastructure system 2. The European transport infrastructure system 3. The European energy infrastructure system 4. European information infrastructure 5. European infrastructuring as co-operative territoriality Index

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Book SynopsisProviding a coherent and multidisciplinary approach to digitalization, this Modern Guide aims to systematize how the digitalization process affects infrastructure-based industries, including telecommunications, transport, energy, water and postal services.This important book reviews the literature on how digital technologies can impact infrastructure design, construction and maintenance costs, with specific references for each industry. Contributors analyse how digitalization is disrupting traditional infrastructure managers in terms of capacity management and traffic flows as well as discussing key topics including data governance, data sharing, digital platforms and sector convergence.With special attention devoted to regulatory and governance challenges, this will be welcomed by researchers of network industries and digitalization. This will also be of special interest to academics and scholars interested in the digitalization process, data governance and infrastructure management.Trade Review‘Infrastructures are not digital born, but should become digital. The complexity and intertwinement between elements hinders easy progress. This book is a must-read fore leaders in which the challenges are framed and insight is given into how to move forward.‘ -- Marijn Janssen, Delft University of Technology, the NetherlandsTable of ContentsContents: 1 Digitalizing infrastructure: active management for smarter networks 1 Juan Montero and Matthias Finger 2 Digitalization technologies: the evolution of smart networks 43 Günter Knieps 3 Digitalizing telecommunications: innovation, complexity and diversity in the internet ecosystem 59 Volker Stocker and Günter Knieps 4 Digitalization in road projects: toward a more integrated mobility supply 92 Carlos Oliveira Cruz and Joaquim Miranda Sarmento 5 Digitalizing maritime transport: digital innovation as a catalyzer of sustainable transformation 123 Anastasia Tsvetkova, Magnus Gustafsson and Kim Wikström 6 Digitalizing railways: the platform dilemma 149 Juan Montero 7 Digitalizing aviation infrastructure: the role of technology in overcoming fragmentation 172 Iván László Arnold and Lorenzo Casullo 8 Digitalization in the postal and delivery sector: between electronic substitution of letter mail and thriving e-commerce 198 Christian Jaag 9 Digitalization of the electricity infrastructure: a key enabler for the decarbonization and decentralization of the power sector 217 Nicolò Rossetto and Valerie Reif 10 Digitalization in the drinking water sector: towards smart water supply management 266 Brenda Espinosa Apráez 11 Digitalization, efficiency and convergence 289 Matthias Finger and Juan Montero Index

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Book SynopsisTaxes on the wealthy are a topic sure to incite venomous rants from both right-wing and left-wing ideologues. The topic attracts conflicting interpretations and policy recommendations, and generates proposals for tax reform that consume political debate. All this activity takes place against an opaque backdrop of empirical evidence dealing with the distribution of wealth and income, and tax avoidance and tax evasion by corporations and wealthy individuals. Rethinking Wealth and Taxes explores these problems and considers the possibilities for increasing taxes on wealth to address the increasingly unequal distribution of wealth, and income. Concerned with exploring the implications of globalization for government revenue policy and increasing inequality in wealth and income, it identifies the connection between ongoing inequality and the ability of the wealthy to avoid income taxes by exploiting differential treatment of capital income and wage income. The author explores the various ways in which the emergence of globalization has impacted the traditional national model of raising income tax revenue. He then offers policy recommendations that shift government revenue sources to taxes that are difficult for the wealthy to avoid and that better capture the goals of vertical and horizontal tax equity. This book will appeal to those directly involved in industry and public policy and may be used in university courses at all levels in public finance, financial economics, actuarial science and management. It will also be of interest to research libraries, individuals working in government and readers in the general public curious about topics such as 'the one percent'.Trade Review'An excellent book offering comprehensive discussions on the roots and policy issues of wealth inequality! The book ably demonstrates that, due to limitations in available wealth measures and the failure to account for globalization, wealth inequality is likely more than reported. Real challenges to the practical implementation of taxation schemes to capture gains in wealth and income are identified. I will surely use it as a reading assignment for my students.' --Donald Lien, University of Texas at San Antonio, US'If you want to understand the complicated relation between wealth, income and taxes this is the book to read. In a profound and impartial presentation Poitras argues that alleviating increases in wealth and income inequality raises complicated economic, political and ethical issues that reach to the heart of how the modern, globalized capitalist economy functions.' --Eduardo Schwartz, University of California, Los Angeles, US, Simon Fraser University, Canada and National Bureau of Economic Research, US'There is little doubt that taxing wealth is a controversial issue. There is also little doubt that there are many aspects of wealth taxation that are not well understood. By providing a broad perspective on the history of wealth taxation, together with an insightful analysis of recent research of wealth taxation, this book is an essential source for understanding the current debate on taxing wealth.' --James Alm, National Tax Association and Tulane University, USTable of ContentsContents: Introduction: Wealth and Taxes Part I The Wealthy and State Revenue Generation 1. Defining Wealth and Taxes on the Wealthy 2. Raising Government Revenue 3. State Revenue from Antiquity to the Modern Income Tax Part II Rethinking Taxation of the Wealthy 4. Public Economics of Taxing the Wealthy 5. Taxing the Wealthy across Jurisdictions 6. Reforming Taxes on Equity Capital References Index

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Book SynopsisThis ground-breaking Handbook broadens empirical and theoretical understandings of work, work relations, and workers. It advances a global, intersectional labour studies agenda, laying the foundations for the politically emancipatory project of decolonising the political economy of work.Moving beyond traditional disciplinary boundaries, this Handbook provides a comprehensive account of the relations between different forms of work, exploitation, class configuration and worker resistance. With insights from global experts across the social sciences, it examines changes in technology, geographies of production, and the dynamics of the global capitalist political economy to map modern configurations of work. Using ongoing empirical qualitative research, contributors explore key issues such as capital accumulation, migration, digital work, trade unionism and reproductive labour. There is a particular focus on perspectives from the Global South, with in-depth analyses of class and work in countries and regional economic blocs used to explore the dynamics between the local and the global.Providing an authoritative overview of traditional and current debates, this Handbook will be an essential resource for students and researchers of political economy, industrial relations and the sociology of work, critical management studies, social movement studies, and development.Trade Review‘A book that debates from theory and history, to sociology and politics of labour. Essential!’ -- Raquel Varela, FCSH- Universidade Nova de Lisboa, Portugal‘A much needed and comprehensive restatement of a Marxist critique of political economy. The Handbook skilfully combines labour and class to analyze work, exploitation, social reproduction, workers’ resistance, and many other pressing issues in the contemporary global economy.’ -- Dev Nathan, Institute for Human Development, India and The New School for Social Research, New York, US‘This is a much needed Handbook that adds value to the growing literature on the global political economy of work. Its strength lies in the collection of works that, using critical perspectives, puts labor at the center of various interdisciplinary analyses. Offering a comprehensive view—theoretically, geographically, and in terms of work sectors—this bookcollection challenges Eurocentrism in labor studies and highlights how the workings of the world economy can have significant negative impacts on the peoples in the Global South.’ -- Intan Suwandi, Illinois State University, US‘It is rare to find such a stimulating and thorough going collection of intellectually rigorous, empirically grounded and accessible contributions to our understanding of the range and depth of challenges facing us in the political economy of work in the 21st century. This is quite simply an essential set of readings for students, researchers and practitioners alike – an invaluable and exceptional text.’ -- Jean Jenkins, Cardiff University, UK‘The Handbook of Research on the Global Political Economy of Work offers the most pervasive and up-to-date companion to understanding the contemporary ontology of labour exploitation and emancipatory struggles alongside global value chains and new technological developments. By foregrounding social reproductive work, commodified reproduction and class in interplay with sex, gender, age, race and ethnicity, the Handbook is second to none in taking Marxist theorization to the next level.’ -- Angela Wigger, Radboud University, the NetherlandsTable of ContentsContents: Introduction: what is work and what is the political economy of work 1 Maurizio Atzeni, Dario Azzellini, Alessandra Mezzadri, Ursula Apitzsch, Phoebe Moore PART I THEORIES AND CONCEPTS SECTION A. CAPITAL ACCUMULATION AND FORMS OF EXPLOITATION 1 Class, labour and the global working class 34 Ronaldo Munck 2 Imperialism and labour under neo-liberal globalization 43 Prabhat Patnaik and Utsa Patnaik 3 Reserve army, ‘surplus’ population, ‘classes of labour’ 53 Henry Bernstein 4 Social reproduction, labour exploitation and reproductive struggles for a global political economy of work 64 Alessandra Mezzadri 5 Unfree labour in the 21st century? 74 Siobhan McGrath 6 World-system, production, and labour 83 Manuela Boatcă 7 The proletariat and the revolution 93 Marcel van der Linden SECTION B. SHIFTING REGIMES OF EXPLOITATION: FROM THE WORKPLACE TO THE TERRITORY TO THE GLOBAL ECONOMY 8 Analysing the labour process and the global political economy of work 112 Kendra Briken 9 Exploitation and global value chains 125 Benjamin Selwyn, Liam Campling, Alessandra Mezzadri, Elena Baglioni, Satoshi Miyamura and Jonathan Pattenden 10 Rural-urban circuits of labour in the Global South: reflections on accumulation and social reproduction 136 Praveen Jha and Paris Yeros SECTION C. CONTEMPORARY DEBATES 11 Commoning labour power 148 Dario Azzellini 12 Social and solidarity economy and self-management 159 Marcelo Vieta and Ana Inés Heras 13 Operaismo: in search of the political economy of subjectivity 170 Gigi Roggero 14 The global gig economy: towards a planetary labour market? 177 Mark Graham and Mohammad Amir Anwar 15 Workers’organisation, class and collective action in precarious times 196 Maurizio Atzeni 16 Workers and labour movements in the fight against climate change 206 Linda Clarke and Melahat Sahin-Dikmen 17 Sustainable work: national perspectives and the valorisation of work in Europe 217 Dario Azzellini, Sebastian Brandl and Ingo Matuschek SECTION D. INTERDISCIPLINARY APPROACHES 18 Understanding the global political economy of work: insights from labor geography 230 Andrew Herod 19 COVID-19, divisions of labor, and workers’ struggles in the United States: insights from anthropology 239 Sharryn Kasmir 20 Global labour history – its promises and hazards 250 Stefano Bellucci 21 How the field of industrial relations remains relevant for understanding the global political economy of work 264 Heather Connolly PART II INTERSECTIONS SECTION A. INTERSECTIONS OF WORK AND MOBILITY 22 Capture, coexistence and valorization of workers’ mobility across borders 278 Claudia Bernardi 23 Migrations and global capitalist agriculture: peripheral workers’ mobility and exploitation as fundamental pillars of the world-ecology 290 Yoan Molinero-Gerbeau 24 Migrant work exploitation and resistance in the Italian countryside: precarious lives between violence and agency 300 Monica Massari 25 Extractive humanitarianism: unpaid labour and participatory detention in refugees governmentality 310 Martina Tazzioli SECTION B. INTERSECTIONS OF DIGITAL AND ANALOGUE WORK 26 Problems in protections for working data subjects: becoming strangers to ourselves 321 Phoebe V Moore 27 Intensification of labour value extraction under artificial intelligence 339 Baruch Gottlieb 28 Class composition in the digitalised gig economy 350 Jamie Woodcock 29 Resistance and struggle in the gig economy 360 Vincenzo Maccarrone, Lorenzo Cini and Arianna Tassinari 30 De-skilling and diminishing workers’ autonomy in the digital workplace 371 Saori Shibata 31 Economics of the gig economy and legal arbitrage around employment law 380 Jeremias Adams-Prassl SECTION C. INTERSECTIONS OF WORK AND LIFE 32 Surrogacy as commodified transnational care work 392 Ursula Apitzsch 33 Global political economy of care and gender – crisis, extractivism and contestation 401 Christa Wichterich 34 Aging societies and migrant labour force in elderly care: the German case 412 Maria Kontos and Minna K. Ruokonen-Engler 35 Questioning social reproduction theory: North African working-class migrants in France and their families 422 Catherine Delcroix 36 Towards a global political economy of sex/work: evidence of Argentina and Costa RicaHandbook of research on the global political economy of work 433 Kate Hardy and Megan Rivers-Moore SECTION D. INTERSECTIONS OF STRUGGLES 37 Trade unions (ism), social movements and the community: connections and politics 445 Miguel Martínez Lucio 38 Global unions and transnational labor movement 457 Julia Soul and Cecilia Anigstein 39 Evolving forms of organizing workers in the informal economy 470 Jeemol Unni 40 The power and politics of precarious resistance 483 Marcel Paret 41 Spatial dimensions of strikes 493 Jörg Nowak 42 Feminist strike, social reproduction, and debt 501 Verónica Gago and Luci Cavallero 43 The political economy of extractivism and social struggles in Latin America 510 Tomás Palmisano and Juan Wahren SECTION E. INTERSECTIONS BETWEEN WORK IN THE GLOBAL NORTH AND THE SOUTH: EXPLORING THE LINKS IN KEY PRODUCTIVE SECTORS 44 Exhaust and switch: labour and the garment industry in global production networks 521 Nikolaus Hammer 45 Imperialism and labour: palm industry in the territories of Black communities in the border areas of Colombia and Ecuador (Tumaco-San Lorenzo) 534 Edna Yiced Martínez 46 Skilled migration, productive forces and the development question in the era of generalized monopolies 544 Raúl Delgado Wise and Mateo Crossa Niell 47 Major trends in work at sea: outline of a political economy of maritime labour 556 Jörn Boewe 48 Counter-logistics in Po Valley region 567 Niccolò Cuppini PART III PERSPECTIVES ON THE WORKING CLASS FROM THE GLOBAL SOUTH: LOCAL REALITIES AND GLOBAL DYNAMICS SECTION A. ASIA 49 The political economy of labor informality in India: trends, theories, and politics 578 Supriya RoyChowdhury 50 Informalization of labor in contemporary China 588 Jenny Chan SECTION B. AFRICA 51 Precariousness and push-back: capital circuits, labour markets and working-class politics in South Africa 600 Bridget Kenny 52 Work and exploitation in Ethiopia and beyond 611 Andreas Admasie SECTION C. SOUTH AMERICA 53 Working class conditions and resistances in context of austerity in Argentina 623 Lucila D’Urso and Clara Marticorena 54 Chile – from Pinochet’s neoliberal counter-revolution to the 2019–20 anti-neoliberal revolt 639 Miguel Urrutia and Fernando Durán-Palma 55 Brazil: inequalities, labour exploitation and new informalization processes 658 Ludmila Costhek Abílio Index

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Book SynopsisOver the past few decades, corporations have been neglected in studies of international political economy (IPE). Seeking to demystify them, what they are, how they behave and their goals and constraints, this Handbook introduces the corporation as a unit of analysis for students of IPE. Providing critical discussion of their global and domestic power, and highlighting the ways in which corporations interact with each other and with their socio-political environment, this Handbook presents a thorough and up-to-date overview of the main debates around the role of corporations in the global political economy. Bringing together international contributors, this Handbook provides a nuanced and global perspective on the IPE of corporations. With a multidisciplinary introduction to corporations from an IPE perspective, this Handbook investigates the role of the corporation in the twenty-first century and highlights the complexities of corporations and the environments in which they exist. Chapters provide insights into corporations' internal structures, how they are embedded in their national environments and how their transnational relations are structured, as well as their position in the global economy. Carefully written and edited to ensure accessibility, the Handbook of the International Political Economy of the Corporation is a crucial resource for students of IPE seeking to deepen their understanding of the discipline as well as for postgraduate scholars who need reference material within which to frame their research. Contributors: C. Bakir, M.V. Balestro, T.L. Berge, D. Bohle, L. Campling, W.K. Carroll, J. Clifton, F. de Beule, D. Díaz-Fuentes, A. Dienes, M. Ebenau, S. Eckert, J. Eckhardt, D. Finchelstein, D. Fuchs, B. Ganson, J.-C. Graz, C. Gregoratti, T. Gumbert, H. Hveem, O.C. Iheduru, A. Jakli , D. Kinderman, J. Klinkhammer, H.-A. Lee, C. May, L. Mondi, G. Morgan, A. Nölke, S. Pinto, M. Pohlmann, A. Rebérioux, A. Roberts, G. Roudaut, J.P. Sapinski, V. Scepanovic, B. Selwyn, S. Tornhill, A. Wennmann, M.A. Witt, J. Woods, K. YoungTrade Review'This book does an excellent job of bringing together a range of studies that give centrality to corporations, often anchored in national systems but with global aspirations. Different countries and regions, as well as different policy fields, are covered, and different theoretical perspectives from specialists across the social sciences are offered. The Handbook provides interesting examples of how corporations exercise power, may come to dominate policy at domestic and international levels and under specific circumstances are strong enough to present themselves as problem solvers.' --Karsten Ronit, University of Copenhagen, DenmarkTable of ContentsContents: 1. The delusion of the global corporation: Introduction to the Handbook Christian May and Andreas Nölke PART I THE CORPORATION AND ITS STAKEHOLDERS 2. Corporate governance and accountability Antoine Rebérioux and Gwenaël Roudaut 3. Interlocking directorates and corporate networks J.P. Sapinski and William K. Carroll 4. Labour in the corporation: the political economy of capital versus the political economy of labour Matthias Ebenau 5. Worker co-operatives and other alternative forms of business organization Sanjay Pinto 6. Corporations, gender equality and women’s empowerment: feminism co-opted? Catia Gregoratti, Adrienne Roberts and Sofie Tornhill 7. The state and public corporations Judith Clifton and Daniel Díaz-Fuentes 8. Corruption, organizational deviance and corporate compliance Markus Pohlmann and Julian Klinkhammer PART II DOMESTIC INSTITUTIONAL EMBEDDING OF THE CORPORATION 9. The company in Western business systems and national varieties of advanced capitalism Sandra Eckert 10. The institutional embeddedness of transnational corporations: dependent capitalism in Central and Eastern Europe Vera Šćepanović and Dorothee Bohle 11. Asian business systems Michael A. Witt 12. Natural resource corporations and patrimonial capitalism: Russia and the Arab region Alexandra Dienes (née Vasileva) 13. Social embedding of the corporation: family conglomerates around the world Diego Finchelstein 14. The varying role of the state in the making of Latin American multinationals Moisés V. Balestro 15. Affirmative action and corporate development in Malaysia and South Africa Hwok-Aun Lee and Lumkile Mondi PART III CROSS-BORDER INVESTMENTS AND NEGOTIATIONS 16. Multinational enterprises: theories, practices, effects and policies Filip de Beule and Andreja Jaklič 17. Power relations within multinational corporations Glenn Morgan 18. Host State Bargaining with Multinationals Caner Bakir and Judith Woods 19. The corporation and violent conflict: perspectives, policy responses and future trends Brian Ganson and Achim Wennmann 20. The international regime for investment: a history of failed multilateralism Tarald Laudal Berge and Helge Hveem 21. The African corporation, ‘Africapitalism’ and regional integration in Africa Okechukwu C. Iheduru PART IV THE CORPORATION AS A GLOBAL PLAYER 22. The corporation as an institution of global governance Christopher May 23. Corporations and global standards of corporate social responsibility Daniel Kinderman 24. The modern financial corporation and global policy Kevin Young 25. Corporations and global trade policy-making in the twenty-first century Jappe Eckhardt 26. Value chains and the world economy: genealogies and reformulations Liam Campling and Benjamin Selwyn 27. The power of corporations in global food sector governance Tobias Gumbert and Doris Fuchs 28. Global corporations and the governance of standards Jean-Christophe Graz Index

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Book SynopsisWith contributions from top scholars in the field, this cutting-edge Handbook critically examines the effects of glocalisation on various subdisciplines of the humanities and social sciences. Broad and innovative, it provides a fresh take on the different forms of the glocal in contemporary culture.Using engaging case studies, humanities scholars examine how glocalisation has impacted archaeology, art, literature, philosophy, law and food; social science experts discuss the impact on tourism, religion, urban studies, criminology, education and sports. Forward-thinking, the volume engages with new developments in media and communication, considering how technological innovation, digitisation and the mediatised world affect interrelations in consumer culture. It concludes with an examination of new research frontiers, considering translocality, world science theory, and post-colonialism to expand the field by developing original approaches and suggesting new directions for research.Featuring practical insights from a wide range of disciplines, this Handbook is invaluable for students and scholars across the humanities and social sciences. It will also benefit policy makers within cultural domains concerned with glocalisation.Trade Review‘This Handbook is a comprehensive guide to glocalization, in themes (archeology to digital turn), regions (across the world) and theoretically, a valuable resource.’ -- Jan Nederveen Pieterse, University of California, Santa Barbara, US‘The Handbook of Culture and Glocalization is a must-read for those interested in the phenomenon of glocalization and cultural adaptation. At the macro level, the volume is important to understand the role of technologies, news production, translocality, and citizenship in modern society. At the micro level, readers will appreciate the significance and meaningfulness of phenomena such as glocal sports, cinema, literature, and art. Taken as a whole, the Handbook is breaking so much new ground that it will become indispensable for both academics and practitioners alike.’ -- Jonathan Matusitz, University of Central Florida, US‘This massive and erudite collection is the first systematic attempt to situate crucial glocalization dynamics within a broader cultural context ranging from media and communication to law, education, sports, and much more. Cutting across academic disciplines and geographic regions, the contributors engage the central cultural themes of our unsettled age in an intellectual tour de force that should not be missed by any serious student of globalization.’ -- Manfred B. Steger, University of Hawaii-Manoa, US and Western Sydney University, AustraliaTable of ContentsContents: 1 Culture and glocalization: an introduction 1 Victor Roudometof and Ugo Dessì Humanities 27 2 From bronzization to ‘world system’: globalization and glocalization across the globe (2000 bce–1500 ce) 28 Matthew Adam Cobb 3 Weaving literary narratives: world literature and its glocal moment 45 Sandhya Rao Mehta 4 The universal and the individual, the global and the local: philosophy’s diverse debts and duties 61 Bruce B. Janz 5 Law and glocalization 76 Salvatore Mancuso 6 Cosmos from the global south: from glocal to decolonial perspectives on art 92 Nikos Papastergiadis 7 Food and glocalization 105 Franciscu Sedda and Simona Stano Social sciences 122 8 Glocalization and tourism experiences 123 Joelle Soulard and Noel B. Salazar 9 Glocalization and the religious field 138 Ugo Dessì 10 Glocalization, the city and variegated age-friendly urbanism: case studies of Hong Kong and Taiwan 156 Sun Yi, Tzu-Yuan Stessa Chao and Jia Ling 11 Glocalization and crime: not just a question of variable geometry 171 Gema Varona Martinez 12 Glocal education: theories, research and implications 186 Jean-Francois Emmanuel, Claire Ramsey and Nowfal Samkari 13 Glocal sports 200 Habibul Haque Khondker Communication and media 216 14 Digital glocalization 217 Barrie Axford 15 Glocalizing cultures and organizations: a humanistic, complex and multiparadigmatic model 235 Fabrizio Maimone 16 From globalization to glocalization: configuring Korean pop culture to meet glocal demands 256 Ingyu Oh & Wonho Jang 17 The glocalization of films and the cinema industry 272 Bala A. Musa 18 Glocalization and news production 289 Jonathan Ilan 19 Glocalization processes and new centrifugal dynamics in the international entertainment landscape: the Netflix Case in Italy 305 Paolo Sigismondi and Giovanni Ciofalo New research frontiers 321 20 Translocality and glocalization: a conceptual exploration 322 Victor Roudometof and Nico Carpentier 21 World society theory and glocalization: culture between transnationality, structuration, rationalization and actorhood 337 Ravit Mizrahi-Shtelman and Gili S. Drori 22 The challenges of methodology in a glocal world 354 Giampietro Gobo 23 Unpacking youth cosmo-cultures: global pop culture and the example of its Korean glocalization 371 Vincenzo Cicchelli and Sylvie Octobre 24 Glocalization and the post/decolonial perspectives: a critical dialogue 386 Viviane Riegel Index

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Book SynopsisChallenging the dominant and mainstream views in global development, this pioneering Handbook questions the entirety of the development process in order to outline holistic political economies of development, discontents, and alternatives.Critically engaging with key theoretical debates and constructs in development studies, the contributors assess the problem of global development and underdevelopment, and the existing problematic explanations and solutions, before outlining alternatives. Chapters explore the nature of development, engaging with, critiquing, and going beyond the dominant theoretical approaches of modernisation, dependency, neoliberalism, human development, sustainable development, and postdevelopment. The chapters further examine more recent powerful forces of change, including sustainability, self-reliance, social and solidarity economies, and ecological alternatives. The Handbook makes a convincing case for an open-ended, ongoing theorisation of development and leaves readers with a key take-away: that not only inequalities but also social stratification can be used to frame the theorising, teaching, practice, praxis, policies, politics, activism, and indeed everything in the political economy of development.Underpinning innovative new research on development, this Handbook will prove invaluable to students and scholars of development studies, development economics, political economy, and social policy in emerging countries. Global in scope, policymakers and practitioners working in the Global South and the Global North will also find this Handbook refreshing.Table of ContentsContents: PART I GLOBAL DEVELOPMENT AND UNDERDEVELOPMENT 1 Broken mirrors: towards holistic political economies of development, its discontents and alternatives 2 Franklin Obeng-Odoom 2 Imperialism and postcolonialism 12 Jayanth Tharappel PART II PROBLEMATIC EXPLANATIONS 3 Neoliberalism and development 39 Bill Dunn 4 Property rights 55 Giorgos Meramveliotakis and Dimitris Milonakis 5 Land reforms 75 Tim Anderson 6 Resource curse 91 Cyril Obi 7 Human capital, gender and intersectionality 107 Irene Browne and Allison Sullivan 8 International trade and economic development 123 Amitava Krishna Dutt 9 Cities and development 143 Heba E. Helmy 10 Microcredit: when market-driven social innovations go wrong 168 Milford Bateman 11 Reverse remittances 198 Geraldine Asiwome Ampah 12 The poverty of development theory: China’s Faustian bargain with global capital 215 Walden Bello PART III ALTERNATIVES 13 Sustainability and sustainable communities 233 David Barkin 14 Self-reliance and autonomous development 250 Julia Eder 15 Social and solidarity economy 273 Nathanael Ojong 16 Development and (dis)abilities 289 Hisayo Katsui 17 Black feminism and development 305 Odile Mackett 18 Burkindi: self-centred development 323 Zakaria Soré and Paul Marie Moyenga 19 Bioeconomy: a solution to the challenges of a post-fossil future? 334 Dennis Eversberg, Jana Holz and Matthias Schmelzer 20 Ecological reparations 352 Franklin Obeng-Odoom Index 362

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Book SynopsisEconomic Growth is an advanced undergraduate text written specifically for one semester courses in growth theory and for first year graduate students to refresh their knowledge. It will also be of great use for scholars and professional economists as the text contains many references to practical policy issues. The author condenses the fundamental issues of growth theory and covers the new ideas in a highly entertaining text, written in a clear and accessible style.Trade Review'Valdes gets the subject across very clearly, with neat original touches. He covers the main topics very well, again with interesting variations. Along the way he teaches a good attitude towards economic theory. I think this will be an excellent text.' -- Robert M. Solow, Massachusetts Institute of Technology, US and Nobel Prize Winner'This would be an excellent book for an advanced undergraduate course on growth theory. Using both theory and empirical evidence it outlines the key topics in a clean and unified way.' -- Timothy J. Kehoe, University of Minnesota, US'Benigno Valdes has written a wonderful text on modern growth theory. Because of his sense of humor, restrained use of formal mathematics, and emphasis on connecting growth theory to empirical facts and policy implications, this book will be a highly useful textbook for sophisticated undergraduates and graduate students. They will be challenged by the problems ending most chapters. . . . Professional economists who have not yet studied recent developments in growth theory will find in Professor Valdes's book a comprehensive and accessible survey of contemporary growth models and a useful discussion of convergence trends and growth accounting. A highly recommended read.' -- Richard W. England, University of New Hampshire, USTable of ContentsContents: Part I: Introduction 1. The “Stylized Facts” of Economic Growth Part II: The Theory of Economic Growth with “Exogenous” Technical Progress 2. The Neoclassical Model of Economic Growth 3. The Hypothesis of Convergence (I): Economies with the Same Steady State 4. The Hypothesis of Convergence (II): Economies with Different Steady States 5. Economic Growth and Social Welfare: The “Golden Rules” of Accumulation 6. Growth Accounting and the Solow Residual Part III: The Theory of Economic Growth with “Endogenous” Technical Progress 7. Learning-by-doing, Knowledge Spillovers and Economic Growth 8. Schumpeterian Models of Economic Growth Part IV: Concluding Remarks 9. Theories of Economic Growth: “Old” and “New” Mathematical Appendices References Index

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