Edited by Frank Stilwell, Professor Emeritus, Department of Political Economy, University of Sydney, David Primrose, Academic Fellow, Menzies Centre for Health Policy and Economics, University of Sydney, Australia and Tim B. Thornton, Senior Research Fellow, Economics in Context Initiative, Global Development Policy Centre, Boston University, US

‘Mainstream economics, relative to heterodoxy and social science generally, is so extreme in methodology, theory and conceptualisations, it has spawned a variegated tsunami of alternative theories. This volume expertly and comprehensively engages this pluralism across schools, approaches and topics offering specialist insights alongside informative expositions – imperative reading for the intellectually open.’

• Contents:PART I POLITICAL ECONOMY AS AN AREA OF KNOWLEDGE1 Introduction to the Handbook of Alternative Theories of Political Economy 2Frank Stilwell, David Primrose and Tim B. Thornton2 Capitalism, climate change and freedom 16Elke PirgmaierPART II IDENTIFYING FOUNDATIONAL APPROACHES TOPOLITICAL ECONOMY3 Classical political economy and its ongoing relevance 33Jamie Morgan4 The Marxist tradition in political economy 51Bill Dunn5 Institutional political economy 66Arturo Hermann6 Post Keynesian economics 83John E. King7 Feminist political economy 96Jennifer Cohen and Heidi Hartmann8 Sraffian political economy 110Nuno Ornelas MartinsPART III ANALYSING THE DYNAMICS OF ECONOMIC SYSTEMS9 Circular and cumulative causation 126Phillip Toner and Gavan Butler10 Evolutionary political economy 140Tae-Hee Jo11 Neo-Schumpeterian economics 156Rinaldo Evangelista12 The regulation approach 173Brett Heino13 Social structures of accumulation 188Terrence McDonough and David M. Kotz14 Capital as power 201Tim Di Muzio and Matt Dow15 Foundations of modern money theory 216L. Randall Wray16 The Austrian school of economics 231Peter J. Boettke, Rosolino Candela, Karras J. Lambert and Dillon TauzinPART IV EXPLORING THE SOCIO-ECOLOGICAL FOUNDATIONSOF ECONOMIC SYSTEMS17 Polanyian political economy 246Joy Paton18 Georgist political economy 260Franklin Obeng-Odoom19 Ecological economics 271Neil Perry20 Social economics 286John B. Davis21 A social property relations approach to class, gender, race 301Andreas Bieler and Adam David Morton22 The Systems of Provision approach 313Robin Chang23 The diverse economies approach 329Jenny Cameron and J.K. Gibson-GrahamPART V EXTENDING POLITICAL ECONOMY THROUGHINTERDISCIPLINARITY24 Spatial political economy 344Brett Christophers25 Cultural political economy 355Bob Jessop and Ngai-Ling Sum26 Postcolonial and poststructural political economy 371Penny Griffin27 Behavioural economics and neuroeconomics 390David PrimrosePART VI MAKING A DIFFERENCE28 Pluralism in political economy 412Tim B. Thornton29 Economics imperialism and a transdisciplinary perspective 428Mario Cedrini and Joselle Dagnes30 Approaches to, and measures of, progress 443Pratistha Joshi Rajkarnikar31 Advancing education in political economy 458Frank Stilwell and Tim B. Thornton32 Progressive economics and social change movements 476Jim StanfordIndex

Edited by Frank Stilwell, Professor Emeritus, Department of Political Economy, University of Sydney, David Primrose, Academic Fellow, Menzies Centre for Health Policy and Economics, University of Sydney, Australia and Tim B. Thornton, Senior Research Fellow, Economics in Context Initiative, Global Development Policy Centre, Boston University, US

‘Mainstream economics, relative to heterodoxy and social science generally, is so extreme in methodology, theory and conceptualisations, it has spawned a variegated tsunami of alternative theories. This volume expertly and comprehensively engages this pluralism across schools, approaches and topics offering specialist insights alongside informative expositions – imperative reading for the intellectually open.’

• Contents:PART I POLITICAL ECONOMY AS AN AREA OF KNOWLEDGE1 Introduction to the Handbook of Alternative Theories of Political Economy 2Frank Stilwell, David Primrose and Tim B. Thornton2 Capitalism, climate change and freedom 16Elke PirgmaierPART II IDENTIFYING FOUNDATIONAL APPROACHES TOPOLITICAL ECONOMY3 Classical political economy and its ongoing relevance 33Jamie Morgan4 The Marxist tradition in political economy 51Bill Dunn5 Institutional political economy 66Arturo Hermann6 Post Keynesian economics 83John E. King7 Feminist political economy 96Jennifer Cohen and Heidi Hartmann8 Sraffian political economy 110Nuno Ornelas MartinsPART III ANALYSING THE DYNAMICS OF ECONOMIC SYSTEMS9 Circular and cumulative causation 126Phillip Toner and Gavan Butler10 Evolutionary political economy 140Tae-Hee Jo11 Neo-Schumpeterian economics 156Rinaldo Evangelista12 The regulation approach 173Brett Heino13 Social structures of accumulation 188Terrence McDonough and David M. Kotz14 Capital as power 201Tim Di Muzio and Matt Dow15 Foundations of modern money theory 216L. Randall Wray16 The Austrian school of economics 231Peter J. Boettke, Rosolino Candela, Karras J. Lambert and Dillon TauzinPART IV EXPLORING THE SOCIO-ECOLOGICAL FOUNDATIONSOF ECONOMIC SYSTEMS17 Polanyian political economy 246Joy Paton18 Georgist political economy 260Franklin Obeng-Odoom19 Ecological economics 271Neil Perry20 Social economics 286John B. Davis21 A social property relations approach to class, gender, race 301Andreas Bieler and Adam David Morton22 The Systems of Provision approach 313Robin Chang23 The diverse economies approach 329Jenny Cameron and J.K. Gibson-GrahamPART V EXTENDING POLITICAL ECONOMY THROUGHINTERDISCIPLINARITY24 Spatial political economy 344Brett Christophers25 Cultural political economy 355Bob Jessop and Ngai-Ling Sum26 Postcolonial and poststructural political economy 371Penny Griffin27 Behavioural economics and neuroeconomics 390David PrimrosePART VI MAKING A DIFFERENCE28 Pluralism in political economy 412Tim B. Thornton29 Economics imperialism and a transdisciplinary perspective 428Mario Cedrini and Joselle Dagnes30 Approaches to, and measures of, progress 443Pratistha Joshi Rajkarnikar31 Advancing education in political economy 458Frank Stilwell and Tim B. Thornton32 Progressive economics and social change movements 476Jim StanfordIndex

Edited by Frank Stilwell, Professor Emeritus, Department of Political Economy, University of Sydney, David Primrose, Academic Fellow, Menzies Centre for Health Policy and Economics, University of Sydney, Australia and Tim B. Thornton, Senior Research Fellow, Economics in Context Initiative, Global Development Policy Centre, Boston University, US

‘Mainstream economics, relative to heterodoxy and social science generally, is so extreme in methodology, theory and conceptualisations, it has spawned a variegated tsunami of alternative theories. This volume expertly and comprehensively engages this pluralism across schools, approaches and topics offering specialist insights alongside informative expositions – imperative reading for the intellectually open.’

• Contents:PART I POLITICAL ECONOMY AS AN AREA OF KNOWLEDGE1 Introduction to the Handbook of Alternative Theories of Political Economy 2Frank Stilwell, David Primrose and Tim B. Thornton2 Capitalism, climate change and freedom 16Elke PirgmaierPART II IDENTIFYING FOUNDATIONAL APPROACHES TOPOLITICAL ECONOMY3 Classical political economy and its ongoing relevance 33Jamie Morgan4 The Marxist tradition in political economy 51Bill Dunn5 Institutional political economy 66Arturo Hermann6 Post Keynesian economics 83John E. King7 Feminist political economy 96Jennifer Cohen and Heidi Hartmann8 Sraffian political economy 110Nuno Ornelas MartinsPART III ANALYSING THE DYNAMICS OF ECONOMIC SYSTEMS9 Circular and cumulative causation 126Phillip Toner and Gavan Butler10 Evolutionary political economy 140Tae-Hee Jo11 Neo-Schumpeterian economics 156Rinaldo Evangelista12 The regulation approach 173Brett Heino13 Social structures of accumulation 188Terrence McDonough and David M. Kotz14 Capital as power 201Tim Di Muzio and Matt Dow15 Foundations of modern money theory 216L. Randall Wray16 The Austrian school of economics 231Peter J. Boettke, Rosolino Candela, Karras J. Lambert and Dillon TauzinPART IV EXPLORING THE SOCIO-ECOLOGICAL FOUNDATIONSOF ECONOMIC SYSTEMS17 Polanyian political economy 246Joy Paton18 Georgist political economy 260Franklin Obeng-Odoom19 Ecological economics 271Neil Perry20 Social economics 286John B. Davis21 A social property relations approach to class, gender, race 301Andreas Bieler and Adam David Morton22 The Systems of Provision approach 313Robin Chang23 The diverse economies approach 329Jenny Cameron and J.K. Gibson-GrahamPART V EXTENDING POLITICAL ECONOMY THROUGHINTERDISCIPLINARITY24 Spatial political economy 344Brett Christophers25 Cultural political economy 355Bob Jessop and Ngai-Ling Sum26 Postcolonial and poststructural political economy 371Penny Griffin27 Behavioural economics and neuroeconomics 390David PrimrosePART VI MAKING A DIFFERENCE28 Pluralism in political economy 412Tim B. Thornton29 Economics imperialism and a transdisciplinary perspective 428Mario Cedrini and Joselle Dagnes30 Approaches to, and measures of, progress 443Pratistha Joshi Rajkarnikar31 Advancing education in political economy 458Frank Stilwell and Tim B. Thornton32 Progressive economics and social change movements 476Jim StanfordIndex