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Heterodox Economics

Economic DEvEloPmEntEvolutionary Economicsinnovation & schumPEtErian Economicsinstitutional EconomicsmEthoDology & schools of thought in EconomicsmonEy & financEPost-KEynEsian & raDical Economics Psychology, ExPErimEntal & BEhavioural Economics

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Economic Development.................................................................25Evolutionary Economics ................................................................15Innovation & Schumpeterian Economics .......................................13Institutional Economics ..................................................................19Methodology & Schools of Thought in Economics ........................27Money & Finance.............................................................................6Post-Keynesian & Radical Economics ............................................9Psychology, Experimental & Behavioural Economics ...................23Textbooks ........................................................................................2

Title Index ......................................................................................31Author Index ..................................................................................33

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Institutional EconomicsProperty,Competition,Policies,SecondEditionWolfgang Kasper,UniversityofNewSouthWales,Canberra,Australia,Manfred E. Streit,Max-Planck-InstituteofEconomics,Jena,Germanyand Peter J. Boettke,GeorgeMasonUniversity,USThisthoroughlyrevised,extendedandupdatededitionofacriticallyacclaimedtextbookprovidesanaccessibleandcohesiveintroductiontotheburgeoningdisciplineofinstitutionaleconomics.Requiringonlyabasicunderstandingofeconomics,thislucidandwell-writtentextwillbeessentialreadingforundergraduateandpostgraduatestudentswantingtounderstandtheproblemsoftherealworld–suchasentrepreneurship,innovation,thecostofthewelfarestate,internationalfinancialcrises,andeconomicdevelopment.Asinstitutionaleconomicsisnowrevolutionisingpolicymaking,thebookcanalsoserveasaguidetothepressingproblemsfacingpolicymakersinmatureandemergentcountriesalike.

Keyfeaturesinclude:

• Ashort‘Primer’atthebeginningofeachchaptertohighlightthemainissuesandtheirrelevance.

• KeyConceptssuchas‘institutions’,‘economicorder’,‘coordinationcosts’,‘competition’and‘publicpolicy’arehighlightedandclearlydefined.

• Internationalcoverageisensuredasthethreeauthors,experiencedacademicteachers,workintheUS,EuropeandtheAsiaPacific.

2012 608 pp Hardback 978 1 78100 662 7 £130.00 2013 Paperback 978 1 78254 012 0 £39.95 eBook 978 1 78100 663 4

Post Keynesian Macroeconomic Theory, Second EditionAFoundationforSuccessfulEconomicPoliciesfortheTwenty-FirstCenturyPaul Davidson,NewSchoolUniversity,USInthisupdatedandrevisededitionofPost Keynesian Macroeconomic Theory,PaulDavidsonexplainshowandwhycontemporarymacroeconomictextbooksfailtoincorporateKeynes’sliquidityandfinancialanalysisframeworktoexplaintheimportanceofmoneyandfinancialmarketsintherealworldofexperience.ThisimportanttextdevelopsKeynes’sanalyticalframeworkforbothclosedandopeneconomiesandprovidespolicyguidancefortheglobaleconomyofthe21stcentury.Inparticular,itdealswithproblemssuchasinflation,financialcontagion,globalunemployment,outsourcing,tradepatterns,anddevelopinganinternationalfinancialsystemwhichencouragesexpansionarygrowthamongalltradingpartnerswhileavoidingsovereigndebtproblems.Usingthistextbookinmacroeconomicscourseswillprovidestudentswithastudyofmacroeconomicsthatwillbeusefulandproductive.


Institutions and the EnvironmentArild Vatn,NorwegianUniversityofLifeSciences,Ås,Norway‘Vatn has prepared a vast feast for his readers. Hopefully, this book will become one of the core textbooks both in institutional economics and in resource economics. As a political scientist, I can recommend it to social scientists more generally. I must confess, I enjoyed it all.’–ElinorOstrom,2009NobelLaureate,Land Economics


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SA Modern Guide to Keynesian Macroeconomics and Economic PoliciesEditedbyEckhard Hein,BerlinSchoolofEconomicsandLaw,GermanyandEngelbert Stockhammer,KingstonUniversity,UK‘For more than a decade, most macroeconomists convinced themselves they were witnessing a “Great Moderation”. Many Keynesians saw instead the accumulation of a fragility and potential instability that have become dramatically manifest since 2007. The premise of this book is that the financial crisis and Great Recession necessitate a revival of Keynesian macroeconomics, emphasizing the central roles of effective demand, money and finance in modern capitalism. Comprising essays on all aspects of macroeconomic theory and policy, the book will prove invaluable for scholars and graduate students seeking to acquaint themselves with the frontiers of modern Keynesian macroeconomics.’

–MarkSetterfield,TrinityCollege,US


Free Market EconomicsAnIntroductionfortheGeneralReaderSteven Kates,RMITUniversity,Australia‘A refreshing theoretical counterattack to the established Keynesian world view that has left the West financially overpromised, disastrously broke, and vulnerable to crank ideas. Professor Kates has brilliantly resurrected Say’s law of markets – Keynes’s old nemesis – into a new modern framework that forms the foundation of a new sustainable economy.’

–MarkSkousen,editor,Forecasts & Strategies andformerlyoftheColumbiaBusinessSchool,US


Microeconomics of Interactive EconomiesEvolutionary,Institutional,andComplexityPerspectives.A ‘Non-Toxic’ Intermediate TextbookWolfram Elsner,UniversityofBremen,Germany‘Here, at last, we have the ideal textbook for microeconomics from an evolutionary and institutional perspective. Wolfram Elsner does nothing less than reconstruct the principles of microeconomics for a world of interactive business networks, change and innovation, crisis and uncertainty, as well as coordination problems and cooperative joint ventures. The publication of this book is a landmark event in microeconomics.’–PhillipA.O’Hara,CurtinUniversityofTechnology,Perth,

AustraliaandPresident-ElectofAFEE,2012

Thisthoroughreconstructionofmicroeconomics‘post-2008’provideseconomicstudentswithanewwayofreal-worldunderstandingandstrategicqualificationthatwillbebetterappreciatedbytheirfutureemployersandanyprofessionalpractice.Itwillproveessentialforeconomicstudentsandothersocialscienceprogramsatagraduatelevel.

Thisaccessibleandengagingtextbookincludes:

• Asurveyofthemostfamouscoremodelsofmodernmicroeconomicsincludingtheneoclassicalapproachanditsheterodoxcritiques–Sraffian,Institutionalist,Post-KeynesianandMirowskian.

• Anintroductiontocomplexitythinkingineconomics.

• Anintroductiontogametheory.

• Anintroductiontothemethodsofcomplexcomputersimulation.

• Anintroductiontostrategicbehavior.

• Anewlyintegratedapproachtoreal-worldandcomplexityeconomics,ratherthanfocusingonneoclassical(‘perfect’)marketequilibrium‘plusathousandrecentextrathingsontop’.

Seethecompanionwebsite–www.microeconomics.us–forteachingmaterial,readings,examsandasageneralguidetoexploreissuesraisedinthebook.


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ReviewofKeynesianEconomicsCo-Editors:Thomas Palley, Louis-Philippe RochonandMatias Vernengo

[email protected](subscriptions,tablesofcontentsalerts,submissions).

TheReview of Keynesian EconomicsisdedicatedtothepromotionofresearchinKeynesianeconomics.NotonlydoesthatincludeKeynesianideasaboutmacroeconomictheoryandpolicy,italsoextendstomicroeconomicandmeso-economicanalysisandrelevantempiricalandhistoricalresearch.ThejournalprovidesaforumfordevelopinganddisseminatingKeyenesianideas,anditintendstoencouragecriticalexchangewithothermacroeconomicparadigms.

4 issues a year:•Winterissue(January)•Springissue(April)•Summerissue(July)•Autumnissue(October)

www.rokeonline.com

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Fourissuesayear.

PrintISSN2049-5323OnlineISSN2049-5331

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Aims and Scope

TheEuropean Journal of Economics and Economic Policies: Intervention (EJEEP) isapeer-reviewedjournalwhichservesasaforumforstudiesinmacroeconomictheory,economicinstitutionsandeconomicpolicies.TherootsoftheEJEEPgobackto2004,whenthefirstissueofIntervention: Journal of Economicswaspublished.In2008thejournalwasre-launchedasIntervention:European Journal of Economics and Economic PoliciesanditwillcomeoutasEuropean Journal of Economics and Economic Policies: Intervention (EJEEP)from2013onward.

Theeditorsinvitecontributionsacknowledgingthepluralismofresearchapproachesineconomics.Theyaimtoengenderproductivedebatesandreciprocalinterventionsbetweendiverseapproaches.Inparticular,theycontendthatawidevarietyofinstitutionalandsocialfactorsshapeeconomiclifeandeconomicprocesses.Onlyacarefulstudyandintegrationofthesefactorsintoeconomicswillleadtotheoreticalprogressandtoadequateeconomicpolicyrecommendations.Therefore,thesubmissionoftheoreticalandempiricalworkinthesefieldsisencouraged.

European Journal of Economics and Economic Policies: Intervention

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Editors Stefan Ederer,AustrianInstituteforEconomicResearch(WiFo),Vienna,Austria

Eckhard Hein,BerlinSchoolofEconomicsandLaw,Germany

Marc Lavoie,UniversityofOttawa,Canada

Torsten Niechoj,Rhine-WaalUniversityofAppliedSciences,Kamp-Lintfort,Germany

Achim Truger,BerlinSchoolofEconomicsandLaw,Germany

Till van Treeck,MacroeconomicPolicyInstitute(IMK),HansBoecklerFoundation,Duesseldorf,Germany

SubscriptionsThreeissuesayear.May,SeptandDec.

PrintISSN1613-0960OnlineISSN2195-3376

Institutions:£210(onlineandprint)•£180(onlineonly)Individuals:£65(onlineandprint)•£50(onlineonly)StudentDiscountRate:£35(onlineandprint)•£25(onlineonly)Singleprintissue£65

To place a subscription (worldwide):MarstonBookServicesLtd160EasternAvenueMiltonParkAbingdonOxfordshireOX144SBUKTel:441235465574•Fax:4412354655566Email:[email protected]

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Financial NEW PB Instability and Economic Security after the Great RecessionEditedbyCharles J. Whalen,CongressionalBudgetOffice,USThistimelybookrethinkseconomictheoryandpolicybyaddressingtheproblemofeconomicinstabilityandtheneedtosecurebroadlysharedprosperity.ItstressesthatadvancingeconomicsinthewakeoftheGreatRecessionrequiresanevolutionarystandpoint,greaterattentiontouncertaintyandexpectations,andtheintegrationoffinanceintomacroeconomics.Theresultisabroaderarrayofpolicyoptions–andchallenges–thanconventionaleconomicspresents.

2011 240 pp Hardback 978 0 85793 483 3 £65.00 2013 Paperback 978 1 78254 780 8 £25.00 Elgaronline 978 0 85793 484 0

The Global NEW PB Financial CrisisWhatHaveWeLearnt?EditedbySteven Kates,RMITUniversity,Melbourne,AustraliaThe Global Financial CrisisisauniqueinvestigationintothecausesofthemostsavageeconomicdownturnexperiencedsincetheGreatDepression.Employingwideanddivergentperspectives–whicharethemselvescriticallyexamined–thisstudyanalysesthemeasuresthathavebeentakentorestoreoureconomiestoacceptableratesofunemploymentandgrowth.


Money, Investment and ConsumptionKeynes’sMacroeconomicsRethoughtO.F. Hamouda


Central Banks NEW and Financial MarketsTheDecliningPowerofUSMonetaryPolicyHasan Cömert,MiddleEastTechnicalUniversity,Turkey‘Prior to the outbreak of the financial crisis in 2008, mainstream economists celebrated a “New Consensus” on monetary policy in which independent central banks were assumed able to bring about a “Great Moderation” of low inflation and high economic growth by manipulating short-term interest rates. In this important and interesting book, Hasan Cömert demonstrates convincingly, through institutional analysis and econometrics, that central banks lost control of the price and quantity of credit starting two decades before this celebration. He shows that central banks themselves, through their support of financial market deregulation and globalization, helped bring about both monetary policy impotence and the global crisis. It’s a must-read.’

–JamesCrotty,UniversityofMassachusetts,Amherst,US

May 2013 c 224 pp Hardback 978 1 78100 404 3 £70.00 Elgaronline 978 1 78100 405 0

Modern Monetary MacroeconomicsANewParadigmforEconomicPolicyEditedbyClaude Gnos,UniversityofBurgundy,Dijon,FranceandLaurentianUniversity,CanadaandSergio Rossi,UniversityofFribourg,SwitzerlandThistimelybookusescutting-edgeresearchtoanalysethefundamentalcausesofeconomicandfinancialcrises,andillustratesthemacroeconomicfoundationsrequiredforfutureeconomicpolicymakinginordertoavoidthesecrises.

2012 320 pp Hardback 978 1 84720 035 8 £85.00 Elgaronline 978 1 78254 043 4NewDirectionsinModernEconomicsseries


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Theories of Money and BankingEditedbyL. Randall Wray,UniversityofMissouri-KansasCity,LevyEconomicsInstituteandCentreforFullEmploymentandPriceStability,US‘Randall Wray’s two volumes provide a bright beacon in a darkening night of turmoil, confusion and ignorance. By bringing together classics from both the mainstream and heterodox approaches to monetary theory and policy, Wray provides a fundamental resource for the urgently needed rethink on how the interrelated world of monetary production economies functions or misfunctions, and also a basis for the development of a sound theory on how to erect effective policies for tackling major, potentially disastrous problems.’

–GeoffreyHarcourt,UniversityofNewSouthWales,Australia

Series No. 268 Two volume set 2012 1,332 pp Hardback 978 1 84844 103 3 £405.00TheInternationalLibraryofCriticalWritingsinEconomicsseriesFullcontents–www.e-elgar.com

Banking, Monetary NEW Policy and the Political Economy of Financial RegulationEditedbyMatías Vernengo,UniversityofUtah,Gerald A. Epstein,UniversityofMassachusetts-Amherst,USandTom Schlesinger,FinancialMarketsCenterTheauthorsexaminetheongoingfinancialandeconomiccrisisthroughthelensofthepioneeringworkofJaneD’Arista.Theyexamtheroleoffinancialregulationandinstitutionsthatleadtoawell-functioningeconomyaswellasreasonsbehindtherecentfinancialcrises.

Nov 2013 c 224 pp Hardback 978 1 84844 367 9 c £65.00

Heterodox Analysis of Financial Crisis and ReformHistory,PoliticsandEconomicsEditedbyJoëlle Leclaire,Tae-Hee Joand Jane Knodell

2011 192 pp Hardback 978 1 84980 156 0 £65.00 Elgaronline 978 0 85793 757 5

Monetary Policy and Central BankingNewDirectionsinPost-KeynesianTheoryEditedbyLouis-Philippe Rochon,LaurentianUniversityandSalewa ‘Yinka Olawoye,UniversityofMissouri-KansasCity,USHastheeconomicandfinancialcrisischangedthewayweconductmonetarypolicy?Isquantitativeeasingconsistentwiththeendogeneityofmoney?Thesearebuttwoofthequestionsthisnewbookexplores.Thevariouscontributorsofferinterestingandnewperspectivesontheconductofmonetarypolicyduringthecrisis,andprovidesharpcriticismofcentralbankpoliciesintheUSandEurope.


Credit, Money and Macroeconomic PolicyAPost-KeynesianApproachEditedbyClaude GnosandLouis-Philippe Rochon


Macroeconomic Theory and its FailingsAlternativePerspectivesontheGlobalFinancialCrisisEditedbySteven Kates


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Handbook of Critical Issues in FinanceEditedbyJan ToporowskiandJo Michell,UniversityofLondon,UKThisvitalHandbookisanauthoritativevolumepresentingkeyissuesinfinancethathavebeenwidelydiscussedinthefinancialmarketsbuthavebeenneglectedintextbooksandtheusualcompilationsofconventionalacademicwisdom.Awiderangeoftopicsincludingcapitalcontrols,thecrisis,theFranczone,quantitativeeasingandsecuritisation,aswellasthekeycontroversiesassociatedwiththem,areexploredandexplainedindepthbywell-knownauthoritiesinfinanceandeconomics.Contributors: R. Bellofiore, D. Bezemer, S. Blankenburg, H. Braun, T. Congdon, G. Cozzi, P.L. dos Santos, S.C. Dow, T. Evans, G. Ietto-Gillies, P. Kalmi, A. Kaltenbrunner, E. Karwowski, J. Kregel, S. Krishnan, M.S. Lawlor, C.G. Leathers, N. Levy Orlik, P. Lysandrou, D.G. Mayes, J. Michell, T. Mott, A. Nesvetailova, J.P. Painceira, R. Palan, J. Perraton, J. Powell, J.P. Raines, K. Ruziev, S. Sigurgeirsdóttir, W. Song, E. Stockhammer, J. Toporowski, A. Trigg, E. Tymoigne, J. Tyson, L. Ventimiglia, S. Venugopalan, R.H. Wade, C.J. Whalen, M.H. Wolfson, G. Wood, L.R. Wray

2012 336 pp Hardback 978 1 84980 370 0 £120.00 Elgaronline 978 1 84980 595 7ELGAR ORIGINAL REFERENCEFullcontents–www.e-elgar.com

Macroeconomics of Growth Cycles and Financial InstabilityPiero Ferri


The Economics of Financial TurbulenceAlternativeTheoriesofMoneyandFinanceBill Lucarelli


Monetary Economies NEW of ProductionBankingandFinancialCircuitsandtheRoleoftheStateEditedbyLouis-Philippe Rochon,LaurentianUniversityandMario Seccareccia,UniversityofOttawa,Canada

Sept 2013 c 280 pp Hardback 978 1 78100 394 7 c £69.95 Elgaronline 978 1 78100 395 4

The Macroeconomics of Finance- Dominated Capitalism – and its CrisisEckhard Hein,BerlinSchoolofEconomicsandLaw,Germany‘Eckhard Hein examines the causes and consequences of financialisation. His book is economics as it should always be: it combines reflections, data gathering, empirical analysis, theoretical formalization, and policy recommendations. Hein goes beyond the exuberant behaviour of the banking industry to analyse the global financial crisis and the eurozone crisis, showing, through various variants of a Kaleckian growth model, the macroeconomic consequences of the rising dominance of finance over modern capitalism during the last three decades.’

–MarcLavoie,UniversityofOttawa,Canada


ToorderafreecopyofourMONEY & FINANCE CATALOGUE


Ordownloadacopyfromwww.e-elgar.com


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Post-Keynesian Monetary NEW Theory and PolicyHorizontalismandStructuralismRevisited–ReflectionsandDevelopmentEditedbyLouis-Philippe Rochon,LaurentianUniversity,CanadaandBasil Moore,StellenboschUniversity,SouthAfricaTheendogenousnatureofmoneyisafactthathasbeenrecognisedratherlateinmonetaryeconomics.Today,itisexplainedmostcomprehensivelybythetheoryofmoneyinpost-Keynesianmonetarytheory.Theexpertcontributorstothisenlighteningbookrevisitlong-standingdebatesontheendogeneityofmoneyfromthepositionofbothhorizontalistsandstructuralists,andprescribenewareasofresearchanddebateforpost-Keynesianscholarstoexplore.


The Elgar Companion to Marxist EconomicsEditedbyBen FineandAlfredo Saad-FilhowithMarco Boffo,UniversityofLondon,UKThisCompaniontakesstockofthetrajectory,achievements,shortcomingsandprospectsofMarxistpoliticaleconomy.Itreflectsthecontributors’sharedcommitmenttobringingthemethods,theoriesandconceptsofMarxhimselftobearacrossawiderangeoftopicsandperspectives,anditprovidesatestimonytothecontinuingpurposeandvitalityofMarxistpoliticaleconomy.Contributors: G. Albo, R. Albritton, D. Ankarloo, S. Ashman, A.J. Ayers, R. Balakrishnan, J. Banaji, S. Bisnath, M. Boffo, T.J. Byres, A. Campbell, P. Cerni, P. Chattopadhyay, S. Clarke, A. Colás, G.C. Comninel, M. Di Meglio, P.L. dos Santos, G. Duménil, B. Fine, J. Ghosh, G.H. Gimm, H. Goodacre, B. Gruffydd Jones, B. Harriss-White, K. Hart, M. Itoh, H. Jeon, B. Jessop, D. Johnston, R. Kiely, S. Knafo, D. Laibman, D. Lévy, D. Lo, T. Marois, P. Masina, S.D. Mavroudeas, D. Milonakis, S. Mohun, S. Newman, P. Patnaik, U. Patnaik, L. Pradella, H. Radice, A. Saad-Filho, S. Savran, G. Slater, T. Smith, E. Swyngedouw, B. Tinel, A. Toscano, J. Weeks, E.M. Wood, A. Zack-Williams, P. Zarembka, Y. Zhang

2012 432 pp Hardback 978 1 84844 537 6 £135.00 2013 Paperback 978 1 78100 198 1 £35.00 Elgaronline 978 1 78100 122 6ELGAR ORIGINAL REFERENCEFullcontents–www.e-elgar.com

Handbook of Research NEW on Gender and Economic LifeEditedbyDeborah M. Figart,TheRichardStocktonCollegeofNewJerseyandTonia L. Warnecke,RollinsCollege,US‘The excellent list of themes and chapters in this volume reflects the maturity reached by feminist economics in its different dimensions. Based on the notion of social provisioning for all as the basic objective of economics, they represent a challenge to conventional economic thought and they show the importance of understanding theory, institutions, empirical work, and policy from a gender perspective. The global perspective provided through themes and authors is a very useful contribution to the literature.’

–LourdesBenería,CornellUniversity,USContributors include: R. Albelda, N. Banks, D. Barker, S. Bergeron, E. Braunstein, S. Charusheela, Z. Emami, A. Gaye, J. Ham, C. Harders, A. Hegewisch, E. Hirsh, B. Hopkins, M. Kim, E. King, D. Lallement, H. Liepmann, P. Madhivanan, N. Mansour, E. McCrate, N. Menon, J. Nelson, V. Nguyen, A. North, E. Perkins, S. Peterson, A. Philipose, J. Plantenga, M. Power, C. Remery, Y. Rodgers, M. Saffar, S. Seguino, E. Unterhalter, I. van Staveren, R. Watterson, D. Weichselbaumer, B. Young

Aug 2013 c 672 pp Hardback 978 0 85793 094 1 c £175.00 Elgaronline 978 0 85793 095 8ELGAR ORIGINAL REFERENCEFullcontents–www.e-elgar.com

The Microfoundations DelusionMetaphorandDogmaintheHistoryofMacroeconomicsJ.E. King,LaTrobeUniversity,Australia‘A generation ago Dudley Dillard wrote a famous article on the “barter illusion in classical and neoclassical economics”. Now John King has gone a step further and written about the microfoundations delusion. The illusion has been with us for a very long time, the delusion is of more recent vintage. Together they have blocked a basic understanding of macroeconomic and monetary phenomena at a time when they are most urgently needed. This is a book that had to be written, and we are fortunate that it is John King who has written it. Essential reading for our times.’

–JohnSmithin,YorkUniversity,Canada


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S Capitalism on TrialExplorationsintheTraditionofThomasE.WeisskopfEditedbyJeannette Wicks-LimandRobert Pollin,UniversityofMassachusetts-Amherst,USThisvolumepresentsacollectionofessayshonoringProfessorThomasE.Weisskopf,oneofthemostprominentcontributorstothefieldofradicaleconomics.BeginninghisacademiccareeratHarvardbeforemovingtotheUniversityofMichiganatAnnArbor,ProfessorWeisskopfhasspentthepastfortyyearsexploringthroughhighlyinnovativeandrigorousresearchthequestionsofeconomicequality,socialjusticeandenvironmentalresponsibility.ThechaptersinthisbookreflectthemainsubjectsofProfessorWeisskopf’sworkandseektofostercontinuedinnovationintheseresearchareas.


Unemployment, Recession and Effective DemandTheContributionsofMarx,KeynesandKaleckiClaudio Sardoni,UniversityofRome‘LaSapienza’,Italy‘Unemployment,RecessionandEffectiveDemand is a fine example of how critical analysis and debate about fundamental issues should be carried on. Claudio Sardoni does not pull his punches, but he criticises with courtesy in a learned and fair-minded way. His writings are a role model of proper procedure allied with cumulative persuasion through weight of evidence, sound scholarship and argument.’

–FromtheforewordbyG.C.Harcourt


Keynes’s General TheorySeventy-FiveYearsLaterEditedbyThomas Cate,NorthernKentuckyUniversity,USThisvolume,acollectionofessaysbyinternationallyknownexpertsintheareaofthehistoryofeconomicthoughtandoftheeconomicsofKeynesandmacroeconomicsinparticular,isdesignedtocelebratethe75thanniversaryofthepublicationofThe General Theory.


Markets, Planning and the Moral EconomyBusinessCyclesintheProgressiveEraandNewDealDonald R. StabileandAndrew F. Kozak,StMary’sCollege,Maryland,USMarkets, Planning and the Moral EconomyexaminestheriseoftheProgressivemovementintheUnitedStatesduringtheearlydecadesofthe20thcentury,particularlythetrendtowardincreasedgovernmentinterventioninthemarketsystemthatculminatedintheestablishmentofPresidentRoosevelt’sNewDealprograms.Theauthorsconsultwritingsfrompoliticians,businessleaders,andeconomistsofthetime,usingavarietyofhistoricalperspectivestoilluminatetheconflictingviewpointsthataroseasthecountrystruggledtorecoverfromtheworsteconomicdownturninitshistory.


The New Global Political EconomyFromCrisistoSupranationalIntegrationRiccardo Fiorentini,UniversityofVeronaandGuido Montani,UniversityofPavia,ItalyThe2008financialcrisisisarguablythemostdramaticoutcomeofglobalization.Internationaleconomicintegration,ifunregulated,canbringabouthugeinequalitiesandthedestructionoftheenvironment.Thisthought-provokingbookillustrateswhythe‘old’internationalorderisunabletoprovidecrucialglobalpublicgoodssuchasmonetaryandfinancialstabilityinthefightagainstmasspovertyandclimatechange.



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An Encyclopedia of NEW Keynesian Economics, Second EditionEditedbyThomas Cate,NorthernKentuckyUniversity,USAcclaimforthefirstedition:

‘It is the best single reference source on Keynesian economics and will be welcomed by students and teachers in economics as well as scholars in related social sciences and government policy makers.’

–Educational Book ReviewContributors include: J. Adams, M.S. Aguirre, C. Amsler, D.A. Anderson, J. Aschheim, H. Azari-Rad, J. Barbour, B. Bechtold, S.E. Beck, D. Besomi, R.A. Black, C.E. Bohanon, B.W. Bolch, M.D. Bordo, B.M. Braun, W. Breit, T.A. Burczak, N.J. Burnett, D.A. Campbell, T. Caporale, C. Carey, T. Cate, S. Chapple, H.R. Christensen, N. Churchman, G.E. Clayton, D. Colander, J. Cornwall, W. Darity Jr., J.B. Davis, R.W. Dimand, S. Dow, A.K. Dutt, B. Elmslie, D.W. Findlay, J. Fleck, J.L. Ford, C.S. Fraley, E.N. Gamber, R.W. Garrison, M.G. Giesbrecht, G. Gilbert, M.J. Gootzeit, F. Guo, P. Groenewegen, L.J. Haber, D.L. Hammes, G.C. Harcourt, R.L. Hetzel, D.J. Hoaas, B.K. Hobbs, R.P.F. Holt, L.M. Hooks, J.B. Horowitz, Y.S. Huang, T.M. Humphrey, W.K. Hutchinson, J.P. Jacobsen, S.A. Jacobsen, D.W. Jansen, M.C.W. Janssen, A. John, L.E. Johnson, L. Jonung, V. Kapuria-Foreman, S. Kates, A.B. Kline, V. Kumar, W.E. Laird, D. Landreth, H. Landreth, R. Leeson, R.D. Ley, A. Maneschi, J.N. Marshall, P.H. Matthews, M.J. McCrickard, R. McCulloch, E.J. McKenna, A. Millmow, P. Mizen, D.E. Moggridge, M.R. Montgomery, G. Moore, J. Morgan, A.R. Moshtagh, L.S. Moss, N.R. Noble, L. Noyd, R.I. Obar, T. Palivos, D.B. Papadimitriou, J.E. Payne, T.P. Potiowsky, J.R. Presley, M. Rahnama-Moghadam, L. Ramrattan, S. Rashid, R.J. Rotheim, H. Samavati, W.J. Samuels, P.A. Samuelson, R.J. Sandilands, F. Schneider, L. Servén, Y. Shionoya, S. Simkins, N.T. Skaggs, R. Skidelsky, R.M. Solow, L.C. Spector, F.G. Steindl, Q. Su, L.P. Syll, M. Szenberg, G.S. Tavlas, H.-M. Trautwein, H. Uzawa, H. Vane, K.I. Vaughn, A.I. Veramallay, D.A. Walker, C. Waller, L.S. Wilson, J.S. Wood, L.R. Wray, W.P. Yohe, J.T. Young, D.C. Zannoni

June 2013 c 704 pp Hardback 978 1 84980 172 0 £185.00 Elgaronline 978 1 78254 679 5ELGAR ORIGINAL REFERENCEFullcontents–www.e-elgar.com

Handbook of Alternative Theories of Economic GrowthEditedbyMark Setterfield

2010 488 pp Hardback 978 1 84720 402 8 £140.00 2011 Paperback 978 1 84980 080 8 £35.00 Elgaronline 978 1 84980 558 2ELGAR ORIGINAL REFERENCE Fullcontents–www.e-elgar.com

A Future for CapitalismClassical,NeoclassicalandKeynesianPerspectivesPeter FlaschelandAlfred Greiner


The Elgar Companion to Post Keynesian Economics, Second EditionEditedbyJ.E. King,LaTrobeUniversity,Australia‘TheElgarCompaniontoPostKeynesianEconomics is a comprehensive guide to economic analyses in the tradition of Keynes and the so-called Cambridge (UK) school of economics. The coverage of themes and different theoretical orientations within Post Keynesianism is remarkable and the quality of the various entries is impressive. John King’s invisible hand is responsible for a minimum of overlaps and an optimum in quality and comprehensibility. This book has already proved to be of interest to a wide range of economists and can be expected to continue to do so for a long time to come.’

–HeinzD.Kurz,UniversityofGraz,AustriaContributors: A. Altuzarra, P. Arestis, T. Asada, A. Barba, T. Baskoy, J. Bibow, S. Blankenburg, R.A. Blecker, H. Bloch, A. Brown, D. Bunting, F.J. Cardim de Carvalho, V. Chick, J. Cornwall, W. Cornwall, J. Courvisanos, C. Danby, F. Dantas, P. Davidson, L.F. De Paula, D. Dequech, S.C. Dow, P. Downward, S. Dullien, S.P. Dunn, A.K. Dutt, S. Fazzari, F. Ferrari-Filho, B. Fine, G. Fontana, M. Forstater, G. Fujii, R. Garnett, B. Gerrard, M. Glickman, G.C. Gu, G.C. Harcourt, J.T. Harvey, M. Hayes, E. Hein, J.F. Henry, G. Hewitson, M.C. Howard, P. Howells, T. Jefferson, J. Jespersen, T.-H. Jo, D.W. Katzner, S. Keen, S. Kelton, J.E. King, P. Kriesler, M. Lavoie, J. Leclaire, F.S. Lee, J. Lodewijks, M.C. Marcuzzo, J.S.L. McCombie, E.J. McKenna, A. Mearman, J. Melmiès, W. Mitchell, G. Mongiovi, T. Mott, T. Mouakil, Y. Nersisyan, J.W. Nevile, T. Niechoj, R. O’Donnell, P.A. O’Hara, A. Pacella, T.I. Palley, G. Palma, C. Panico, S.D. Parsons, N. Perry, M. Pivetti, R. Pollin, S. Pressman, J. Priewe, A. Razmi, R. Realfonzo, C. Rider, L.-P. Rochon, C.J. Rodríguez-Fuentes, S. Rossi, C. Sardoni, M. Sawyer, R.H. Scott III, M. Setterfield, N. Shapiro, H.J. Sherman, P. Skott, J. Smithin, E. Stockhammer, R. Studart, P.R. Tcherneva, A.P. Thirlwall, Z. Todorova, J. Toporowski, G. Tortorella Esposito, A.B. Trigg, É. Tymoigne, L. Ussher, T. Van Treeck, A. Vercelli, M. Vernengo, M. Watts, E. Webster, A. Winnett, M.H. Wolfson, L.R. Wray, D.C. Zannoni

2012 640 pp Hardback 978 1 84980 318 2 £165.00 Elgaronline 978 1 78100 243 8ELGAR ORIGINAL REFERENCE Fullcontents–www.e-elgar.com

Feminist EconomicsEditedbyLourdes Benería,Ann Mari MayandDiana Strassmann

Series No. 248 Three volume set 2011 2,112 pp Hardback 978 1 84376 568 4 £650.00TheInternationalLibraryofCriticalWritingsinEconomicsseriesFullcontents–www.e-elgar.com

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Employment, Growth and DevelopmentAPost-KeynesianApproachEditedbyClaude Gnos,UniversityofBurgundy,Dijon,FranceandLaurentianUniversity,Canada,Louis-Philippe Rochon,LaurentianUniversity,CanadaandDomenica Tropeano,UniversityofMacerata,Italy‘The editors of this volume have brought together an invaluable set of essays on each of these issues. The overall post-Keynesian message, of course – one that comes through very clearly – is that employment, growth and development are not at all separate topics, but each depend on the appropriate choice of macroeconomic policies for a monetary production economy.’

–JohnSmithin,YorkUniversity,Canada


The Limits of RegulationACriticalAnalysisofCapitalistDevelopmentStavros Mavroudeas,UniversityofMacedonia,Greece‘Whilst the regulation approach has gone beyond its peak of influence and has been diluted of much of its radical content, this outstanding critical appreciation of its strengths and weaknesses will prove an invaluable point of reference for all those engaged in the political economy of the national within the global economy.’

–BenFine,UniversityofLondon,UK


Teaching Post Keynesian NEW EconomicsEditedbyJesper Jespersen,RoskildeUniversityandMogens Ove Madsen,AalborgUniversity,DenmarkThisbookcontendsthatPostKeynesianeconomicshasitsownmethodologicalanddidacticbasis,anditsrealisticanalysisismuch-neededinthecurrenteconomicandfinancialcrisis.AtatimewhentheoriginalmessageofKeynes’General Theoryisnolongerpresentinmostuniversitysyllabuses,thisbookcelebratestheuniquenessofteachingPostKeynesianeconomics,providingcomparisonswithtraditionaleconomicrationaleandillustratingthevalueandadvantagesofPostKeynesianpeadegogy.

July 2013 c 272 pp Hardback 978 1 78254 699 3 c £80.00 Elgaronline 978 1 78254 700 6

Keynes’s General Theory for TodayContemporaryPerspectivesEditedbyJesper Jespersen,RoskildeUniversityandMogens Ove Madsen,AalborgUniversity,Denmark‘At a time of renewed interest in Keynes, this volume provides an illuminating and forward-looking collection of papers. They explain the meaning of Keynes’s great contribution and also show how that contribution can be developed further for application to modern economic policy issues. Most important, the papers explain the ways in which Keynes’s methodological approach is so different from that which continues to dominate mainstream economics and how productive it would be if that approach were applied to our modern experience.’

–SheilaDow,UniversityofStirling,UK


Roads to Social CapitalismTheory,Evidence,andPolicyPeter Flaschel,BielefeldUniversityandSigrid Luchtenberg,Duisburg-EssenUniversity,GermanyThecurrentcrisesinthefinancializationofcapitalism,andtheirrepercussionsonthefinancialviabilityofentirecountries,severelyquestiontheachievementsofmainstreameconomicsanditsdisregardofKeynes’stheoryofeffectivedemandandfinance.Inviewofthis,PeterFlaschelandSigridLuchtenbergconsiderroadstoatypeofcapitalismthatcouldeventuallybeconsideredas‘social’innature.


Productivity GrowthIndustries,SpilloversandEconomicPerformanceThijs ten Raa,TilburgUniversity,TheNetherlandsandEdward N. Wolff,NewYorkUniversity,USThistimelybookexplorestherelationshipsbetweentechnologicalchange,efficiency,productivitygrowthandperformance.Focusingontheinterplayamongindustriesinmoderneconomies,theessaysinthisvolumecombinepuretheoryandempiricalapplicationstoprovideaninput–outputanalysisofproductivitygrowththatisbothbroadandin-depth.

2012 368 pp Hardback 978 1 78100 344 2 £95.00


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SPublic–Private Innovation NEW Networks in ServicesEditedbyFaïz Gallouj,UniversityofLille1,France,Luis Rubalcaba,UniversityofAlcalá,Madrid,SpainandVTTandPaul Windrum,NottinghamUniversityBusinessSchool,UK‘For too long the prevalent view has been that the public and private sectors differ dramatically when it comes to innovation. This book takes a radically different tack, not as a rhetorical stance, but as the basis for fruitful empirical analysis. The studies here show that public service organisations and their leaders can be innovative in their own right. The contributions made here provide insights that will productively inform future research and practice.’

–IanMiles,UniversityofManchester,UK


Handbook of Regional Innovation and GrowthEditedbyPhilip Cooke,UniversityofWales,Cardiff,UK,Bjørn Asheim,LundUniversity,SwedenandUniversityofAgder,Norway,Ron Boschma,UtrechtUniversity,TheNetherlands,Ron Martin,UniversityofCambridge,UK,Dafna Schwartz,Ben-GurionUniversityoftheNegev,IsraelandFranz Tödtling,UniversityofEconomicsandBusiness,AustriaToday,economicgrowthiswidelyunderstoodtobeconditionedbyproductivityincreaseswhichare,inturn,profoundlyaffectedbyinnovation.Thisvolumeexploresthesekeyrelationshipsbetweeninnovationandgrowth,bringingtogetherexpertsfrombothfieldstocompileauniqueHandbook.Contributors: M. Abreu, E.S. Andersen, Y. Aoyama, B. Asheim, S. Bagchi-Sen, M. Bellandi, F. Belussi, R. Boschma, N. Bosma, S. Breschi, R. Capello, C. Carrincazeaux, J.L. Christensen, P. Cooke, M. Coris, O. Crevoisier, L. De Propris, A. Eriksson, D. Felsenstein, A. Frenkel, K. Frenken, E. Giuliani, V. Harmaakorpi, M. Heidenreich, R. Horner, S. Iammarino, A. Isaksen, A. James, M. Klofsten, K. Koschatzky, A. Lagendijk, L. Lazzeretti, E. Malecki, R. Martin, H. Melkas, C. Nauwelaers, S. Öberg, P. Prud’homme van Reine, S. Ptak, S. Rosenfeld, V. Schutjens, D. Schwartz, D. Shefer, J. Simmie, E. Stam, M. Steiner, P. Sunley, G. Tichy, F. Tödtling, M. Trippl, T. Tura, E. Vatne, D. Wolfe

2011 648 pp Hardback 978 1 84844 417 1 £185.00 2013 Paperback 978 0 85793 151 1 £39.95 Elgaronline 978 0 85793 150 4ELGAR ORIGINAL REFERENCE Fullcontents–www.e-elgar.com

Handbook on the Economic Complexity of Technological ChangeEditedbyCristiano Antonelli,UniversityofTurinandCollegioCarloAlberto,Italy‘The editor of this Handbook, Cristiano Antonelli, is to be commended for the high quality of the group of authors he has assembled for this project. They provide excellent coverage of the various areas within the field, covering complexity of innovation, complexity of knowledge, complexity of structural change and development, and lessons and implications for economic policy. This is an important and evolving topic, and this book captures the cutting edge of research on it, particularly in connection with the broader idea of economic complexity.’

–J.BarkleyRosser,Jr,JamesMadisonUniversity,USContributors: C. Antonelli, H. Bloch, I.M. Bodas Freitas, A. Bonaccorsi, R. Boschma, U. Cantner, A. Colombelli, D. Consoli, K. Dopfer, G. Dutrénit, D. Ernst, J. Fagerberg, M. Fransman, K. Frenken, A. Geuna, H. Graf, J. Hildrum, J. Krafft, D.A. Lane, W. Latham, C. Le Bas, A.N. Link, J.R. Link, S. Metcalfe, P. Ormerod, P.P. Patrucco, F. Quatraro, V. Robert, B. Rosewell, F. Rossi, P.P. Saviotti, P.E. Stephan, M. Teubal, N. von Tunzelmann, G. Wiltshire, G. Yoguel

2011 576 pp Hardback 978 1 84844 256 6 £155.00 June 2013 Paperback 978 0 85793 092 7 £40.00 Elgaronline 978 0 85793 037 8ELGAR ORIGINAL REFERENCE Fullcontents–www.e-elgar.com

Cycles, Crises and InnovationPathtoSustainableDevelopment–aKaleckian-SchumpeterianSynthesisJerry Courvisanos,UniversityofBallarat,Victoria,AustraliaCycles,crisesandinnovationarethemajoreconomicforcesthatshapecapitalisteconomies.CentraltothisbookisacriticalrealistpoliticaleconomyapproachbasedontheworksofJosephSchumpeterandMichatKaleckiwhoidentifiedcycles,crisesandinnovationasthethreedynamicforcesplottingthepathofeconomicdevelopment.Thebookexamineshowtheriseofcapital,throughinvestment,enshrinesinnovationinprofitandpowerwhichdeterminesthecourseofcyclesandcrises.Basedonthisanalysis,strategicinterventionbytransformativeeco-innovationisproposedasapublicpolicypathtoecologicallysustainabledevelopment.


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Innovation and Technological Catch-UpTheChangingGeographyofWineProductionEditedbyElisa Giuliani,UniversityofPisa,ItalyandSPRU,UniversityofSussex,UK,Andrea Morrison,UtrechtUniversity,TheNetherlandsandKITeS-BocconiUniversity,ItalyandRoberta Rabellotti,UniversitàdelPiemonteOrientale,Italy‘This book overturns the old paradigm ideas about natural-resource-based activities. It sheds light on the new opportunities for technological dynamism and catching-up by using science to open novel directions in traditional sectors. It should become a classic in what I expect will be a very important academic debate and a new trend in development policy.’

–CarlotaPerez,TallinnUniversityofTechnology,Estonia,CambridgeUniversityand

UniversityofSussex,UK


The Dynamics of Knowledge ExternalitiesLocalizedTechnologicalChangeinItalyCristiano AntonelliandFederico Barbiellini Amidei


Challenges for European Innovation PolicyCohesionandExcellencefromaSchumpeterianPerspectiveEditedbySlavo Radosevic,UniversityCollegeLondon,UKandAnna Kaderabkova,CentreforEconomicStudiesinPrague,CzechRepublicThisbookuniquelyappliestheSchumpeterianinnovationpolicyperspectivetothecountriesofCentralandEasternEurope.Abroadlydefinedframeworkofthescience,technology,innovationandgrowthsystemunderpinstheempiricalandconceptualanalysisofthecriticalissuesincludingdemand,FDI,financeandeducation.


Science and Innovation Policy for the New Knowledge EconomyEditedbyMassimo G. Colombo,Luca Grilli,Lucia PiscitelloandCristina Rossi-Lamastra

2011 208 pp Hardback 978 1 84844 840 7 £69.95 Elgaronline 978 0 85793 053 8PRIMESeriesonResearchandInnovationPolicyinEurope

Innovation and HealthTheory,MethodologyandApplicationsThomas Grebel

2011 200 pp Hardback 978 0 85793 220 4 £65.00 Elgaronline 978 0 85793 221 1IndustrialDynamics,EntrepreneurshipandInnovationseries

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SCrisis, Innovation and Sustainable DevelopmentTheEcologicalOpportunityEditedbyBlandine Laperche,ULCO/ClerséCNRSUniversityLilleNorddeFranceandWesfordBusinessSchool,Nadine Levratto,UniversityParisOuestNanterreLaDéfenseandEuromedManagementandDimitri Uzunidis,ULCO/ClerséCNRSUniversityLilleNorddeFranceandWesfordBusinessSchool,France‘Crisis,InnovationandSustainableDevelopment is a fascinating exploration at the frontiers of economics and ecology. It combines topical surveys of current work with deep reflection on the repressed role of nature in the history of economics. A work of great range and value, especially for all concerned with the strategy of economic policy going forward.’

–JamesK.Galbraith,TheUniversityofTexasatAustin,US

2012 352 pp Hardback 978 0 85793 701 8 £90.00 Elgaronline 978 0 85793 702 5Science,Innovation,TechnologyandEntrepreneurshipseries

TRIPS Compliance, National Patent Regimes and InnovationEvidenceandExperiencefromDevelopingCountriesEditedbySunil Mani,CentreforDevelopmentStudies,Trivandrum,Kerala,IndiaandRichard R. Nelson,ColumbiaUniversity,USWithrespecttointellectualpropertyregimes,asignificantchangeininternationalgovernancerulesismandatedbytheAgreementonTradeRelatedAspectsofIntellectualPropertyRights(TRIPS).ThistopicalstudydealswiththeprocessesthroughwhichTRIPScompliancewasachievedinfourdevelopingcountryjurisdictions;Brazil,China,IndiaandThailand.Moreimportantly,itanalysesthemacroandmicroimplicationsofTRIPScomplianceforinnovativeactivityinindustryingeneral,butfocusesspecificallyontheagrochemical,automotive,andpharmaceuticalsectors.

Jan 2014 c 240 pp Hardback 978 1 78254 946 8 c £75.00 Elgaronline 978 178254 947 5

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Handbook of Knowledge and EconomicsEditedbyRichard Arena,UniversityofNice–SophiaAntipolisandGREDEG–UMR7321,Agnès Festré,UniversityofPicardieJulesVerne/CRIISEA,UniversityofNice–SophiaAntipolisandGREDEG–UMR7321andNathalie Lazaric,CNRS,UniversityofNice–SophiaAntipolisandGREDEG–UMR7321,France‘While there is growing recognition that understanding knowledge is at the very heart of economics, little work has thus far been forthcoming representing in a comprehensive and coherent way its fundamental nature and wide-ranging consequences for economic analysis. The editors are to be commended for having filled this critical gap by providing a well-organized collection of outstanding contributions. This rich and greatly needed Handbook is comprised of contributions about the role knowledge plays in the history of the discipline as well as the most significant current developments as we witness them, particularly in the branches of evolutionary, institutional and complexity economics.’

–KurtDopfer,UniversityofStGallen,SwitzerlandContributors: A. Amin, R. Arena, M. Augier, M.C. Becker, T. Brenner, T. Broekel, P. Cohendet, G. Dosi, J. Durieu, V. Dutraive, M. Egidi, A. Festré, D. Foray, T. Knudsen, N. Lazaric, B.J. Loasby, B.-Å. Lundvall, P. Nightingale, B. Nooteboom, A. Orléan, R. Patalano, L. Ragni, S. Rizzello, P.P. Saviotti, P. Solal, A. Spada, U. Witt


Competition, Diversity and Economic PerformanceProcesses,ComplexitiesandEcologicalSimilaritiesClement A. Tisdell,TheUniversityofQueensland,Australia‘Ecological and economic systems share some fundamental characteristics that Clem Tisdell has beautifully illuminated. He has given us a much better handle on the roles of competition, diversity, evolution and sustainability in complex, interdependent ecological and economic systems. Our ability to build a sustainable and desirable future fundamentally depends on this integrated understanding.’

–RobertCostanza,PortlandStateUniversity,US


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The Rediscovery NEW of Classical EconomicsAdaptation,ComplexityandGrowthDavid Simpson,formerlyoftheUniversityofStrathclyde,UK‘This book puts human beings back at the heart of the economic process. It shows how this classical, human-centred tradition, stretching from Adam Smith onward, gives us a much better understanding of economic events – and what to do about them – than the mechanistic, mathematical models of too many economists and planners today.’

–EamonnButler,TheAdamSmithInstitute,UK

‘David Simpson writes about key economic issues with admirable lucidity. He draws deeply on experience as well as on his knowledge of economic theory.’

–AsaBriggs

2013 224 pp Hardback 978 1 78195 196 5 £70.00 Elgaronline 978 1 78195 197 2NewThinkinginPoliticalEconomyseriesInAssociationwiththeIEA

Handbook on the Economics and Theory of the FirmEditedbyMichael Dietrich,UniversityofSheffield,UKandJackie Krafft,UniversityofNice–SophiaAntipolisandCNRS-GREDEG,FranceThisuniqueHandbookexploresboththeeconomicsofthefirmandthetheoryofthefirm,twoareaswhicharetraditionallytreatedseparatelyintheliterature.Ontheonehand,theformerreferstothestructure,organizationandboundariesofthefirm,whilethelatterisdevotedtotheanalysisofbehavioursandstrategiesinparticularmarketcontexts.Thenovelconceptunderpinningthisauthoritativevolumeisthatthesetwoareascloselyinteract,andthataframeworkmustbearticulatedinordertoillustratehowlinkagescanbecreated.Contributors: Z.J. Acs, M. Aglietta, C. Antonelli, M.C. Becker, M. Bellandi, M.H. Best, H. Bo, J.J. Bouma, H. Bouthinon-Dumas, T. Buchmann, R. Carter, M. Casson, C. Cézanne, M. Cloodt, A. Coad, A. Colombelli, A. Correljé, L. De Propris, M. Dietrich, C. Driver, S.P. Dunn, P.E. Earl, N.J. Foss, M. Fransman, J.-L. Gaffard, J. Groenewegen, S. Guillou, J. Hagedoorn, G. Hanappi, G.M. Hodgson, W. Hölzl, G. Ietto-Gillies, A. Jolink, T. Knudsen, J. Krafft, W. Lazonick, S. Lechevalier, B.J. Loasby, F. Marty, L. Nesta, E. Niesten, B. Nooteboom, U. Pagano, P.P. Patrucco, A. Pyka, F. Quatraro, J.-L. Ravix, A. Rebérioux, A. Reinstaller, E. Salies, P.P. Saviotti, N. Stieglitz, M. Teubal, S. Toms, N. Wadeson, O. Weinstein, J.F. Wilson


Economic Organization, Industrial Dynamics and DevelopmentSelectedEssaysGiovanni Dosi,Sant’AnnaSchoolofAdvancedStudies,Pisa,ItalyThisvolumecollectssomeofGiovanniDosi’smostimportantpublicationsinthenewmillennium,followinghisearlier2000collection,Innovation, Organization and Economic Dynamics.Itbeginsbyofferingquiteafewadvancesintheanalysisofindividuallearninginevolvingenvironments,andoforganizationalstructuresandlearning,therebycontributingtoanemergingknowledge-centredtheoryofthefirmandtoarelatedtheoryofproduction.Asecondgroupofpapersaddressestheworkingsofmarkets,theimportanceoftheirinstitutionalarchitectures,theirdiverseeffectivenessasselectiondevices,andtheevolutionarypatternsofdemandformation.Athirdsetofchapterscontinuestheexplorationofthecharacteristics,driversandperformanceoutcomesofindustrialevolution.Thefourthpartofthebookisareassessmentoftheroleofhistoryandpathdependenceinevolutionaryprocesses.Finally,Partfiveaddressesboththeempiricsandthemodellingoftheprocessesofgrowthanddevelopmentnestedintocoupledevolutionoftechnologies,corporateorganizationsandinstitutions

2012 828 pp Hardback 978 1 84720 913 9 £145.00

The Power of Evolutionary NEW Thinking in EconomicsEssaysonEconomicChangeanditsTheoryUlrich Witt,MaxPlankInstituteofEconomicsandFriedrich-SchillerUniversity,Jena,GermanyModerneconomiesareconstantlyevolving.Whatareitscharacteristics?Wherewillitleadus?UlrichWittoutlinesanevolutionarywayofthinkingaboutthesequestions.Hepointsoutthatwhileevolutioninnatureisadaptationtochangingenvironmentalconstraints,economicevolutionmeansovercomingenvironmentalconstraints.Itmeansadaptionto,andmodificationof,man-made,socialconstraints.The Power of Evolutionary Thinkingin Economicsoutlinestheproblemsoftheevolutionaryapproachandcastsnewlightonconsumption,production,institutions,macroeconomicdynamics,andeconomicpolicymaking.



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Foundations of NEW Economic EvolutionATreatiseontheNaturalPhilosophyofEconomicsCarsten Herrmann-Pillath,FrankfurtSchoolofFinanceandManagement,Germany‘This book is an ambitious intellectual enterprise to build a naturalistic foundation for economics, with amazingly vast knowledge of physical, biological, social sciences and philosophy. Readers will discover that approaches and insights emergent in institutional studies, (social)-neuroscience, network theory, ecological economics, bio-culture dualistic evolution, etc. are persuasively placed in a grand unified frame. It is written in a good Hayekian tradition. I recommend this book particularly to young readers who aspire to go beyond a narrowly specified discipline in the age of expanding communicability of knowledge and ideas.’

–MasahikoAoki,StanfordUniversity,US

July 2013 c 672 pp Hardback 978 1 84720 474 5 c £95.00 Elgaronline 978 1 78254 836 2NewHorizonsinInstitutionalandEvolutionaryEconomicsseries

An Evolutionary Approach to EntrepreneurshipSelectedEssaysbyHowardE.AldrichHoward E. Aldrich,UniversityofNorthCarolina,ChapelHill,US‘The collection represents an archive of pioneering pieces that have shaped today’s rhetoric in the entrepreneurship space. To have a collection that maps the evolution of evolutionary theory, as well as present the genesis of entrepreneurial ventures as social entities, is both useful and practical for any reader.’

–J.B.Craig,Academy of Management Learning and Education

2011 616 pp Hardback 978 0 85793 336 2 £125.00 2012 Paperback 978 0 85793 846 6 £29.95

Creative Industries and Economic EvolutionJason Potts,RMITUniversityinMelbourne,AustraliaThecreativeindustriesarekeydriversofmoderneconomies.Whileeconomicanalysishastraditionallyadvancedamarket-failuremodelofartsandculture,thisbookarguesforanevolutionarymarketdynamicsorinnovation-basedapproach.Thebookexplorestheoreticalandconceptualaspectsofanevolutionaryeconomicapproachtothestudyofthecreativeeconomy.Topicsincludecreativebusinessesandlabourmarkets,socialnetworks,innovationprocessesandsystems,institutions,andtheroleofcreativeindustriesinmarketdynamicsandeconomicgrowth.

2011 240 pp Hardback 978 1 84720 662 6 £65.00 2012 Paperback 978 0 85793 192 4 £25.00 Elgaronline 978 0 85793 070 5NewHorizonsinInstitutionalandEvolutionaryEconomicsseries

Law, Economics and Evolutionary TheoryEditedbyPeer Zumbansen,YorkUniversity,CanadaandGralf-Peter Calliess,UniversityofBremen,Germany‘Zumbansen and Calliess have done a wonderful job in assembling papers from the leading scholars in the field, who draw on evolutionary approaches for explaining developments in both economics and the law. Anybody interested in issues of institutional change will be inspired by the wealth of ideas and the diversity of perspectives.’

–StefanVoigt,UniversityofHamburg,Germany


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The Handbook of Evolutionary Economic GeographyEditedbyRon Boschma,UtrechtUniversity,TheNetherlandsandRon Martin,StCatharine’sCollege,UniversityofCambridge,UKThiswide-rangingHandbookisthefirstmajorcompilationofthetheoreticalandempiricalresearchthatisforgingthenewandexcitingparadigmofevolutionaryeconomicgeography.Contributors: C. Antonelli, R. Boschma, G. Bottazzi, S. Breschi, U. Cantner, G. Cioccarelli, P. Cooke, M.S. Dahl, B. Dalum, C. de Laurentis, S. Denicolai, P. Dindo, J. Essletzbichler, L. Fleming, K. Frenken, E. Giuliani, J. Glückler, H. Graf, R. Hassink, S. Iammarino, J. Lambooy, C. Lenzi, F. Lissoni, A. Malmberg, R. Martin, P. Maskell, P. McCann, C.R. Østergaard, D.L. Rigby, J.W. Rivkin, E.W. Schamp, J. Simmie, O. Sorenson, U. Staber, E. Stam, S. Strambach, P. Sunley, A. Vezzulli, A. Zucchella


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The Evolution of OrganizationsEditedbyJohn Child,UniversityofBirminghamandUniversityofPlymouth,UK‘The study of the evolution of organisations has been given a recent boost through new developments in evolutionary theory. John Child’s excellent anthology of essays brings together several key readings in this area, combining new theory with classic studies in the field. It is an indispensable collection.’

–GeoffreyM.Hodgson,UniversityofHertfordshireBusinessSchool,UK

32 articles, dating from 1896 to 2007 Contributors include: H. Aldrich, R. Burgelman G. Carroll, Y. Doz, G. Hodgson, J. Johanson, B. Kogut, A. Lewin, J. March, S. Winter

Series No. 19 2012 896 pp Hardback 978 1 84980 139 3 £285.00TheInternationalLibraryofCriticalWritingsonBusinessandManagementseries

Evolution, Organization and Economic BehaviorEditedbyGuido Buenstorf,UniversityofKassel,Germany‘If there is anything that can invariably be experienced in modern economies, then it is their incessant innovative transformation. In this fine volume Buenstorf brings together a selection of cutting edge research papers which jointly give the reader a grasp of how these innovative changes come about. The volume highlights how evolutionary economics keeps track of the transformation processes at various levels. With its well chosen focus on behavioral studies, organizational learning and development, and industrial genealogy the volume covers the currently most dynamic topics in the field.’

–UlrichWitt,MaxPlanckInstituteofEconomics,Germany


The New Evolutionary NEW EconomicsEditedbyJason Potts,RMITUniversityinMelbourne,AustraliaandKurt Dopfer,UniversityofStGallen,SwitzerlandThisthreevolumesetgatherstogetherselectedkeyarticlesinevolutionaryeconomics,orderingtheseintodomainsofmicroanalysis–concernedwithagents–mesoanalysis–whichisconcernedwithrulepopulationsandtrajectories–andmacroanalysis,whichisaboutthestructureanddevelopmentofthewholeeconomy.Thisauthoritativecollection,withanoriginalintroductionbytheeditors,willbeofinteresttoscholarsandresearchersseekingtounderstandhowevolutionaryeconomicsfitstogetherandwhoseektoadvancesuchanintegratedapproach.77 articles, dating from 1976 to 2012 Contributors include: U. Cantner, G. Dosi, J. Foster, D.A. Lane, J.S. Metcalfe, R.R. Nelson, A. Pyka, H. Simon, S.G. Winter, U. Witt

Three volume set Feb 2014 c 1,860 pp Hardback 978 1 84376 726 8 c £595.00TheInternationalLibraryofCriticalWritingsinEconomicsseries

RESEARCH COLLECTIONS

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AFragileAllianceTheo van de Klundert,TilburgUniversity,TheNetherlands‘This is a well-structured book on a complex question that has been relevant for centuries leading up to the actual crisis in the EU and the international financial markets. The book offers a rich picture of empirics, and discusses, explains and criticizes a number of classical theories in the field (Marx, Schumpeter, Polanyi), as well as modern theories (Greif, North et al., Acemoglu, Perez and others). The familiar topics of property rights, technological development and long waves are presented in an illuminating way, whereas a number of new topics including open and limited access societies, hyper globalization, and the European Union are viewed in a broad perspective of “political economy” and “institutional economics”. The limitations of neoclassical economics are well presented as are the benefits (and costs) of political economy.’

–JohnGroenewegen,DelftUniversityofTechnology,TheNetherlands

May 2013 c 240 pp Hardback 978 1 78195 615 1 £75.00NewHorizonsinInstitutionalandEvolutionaryEconomicsseries

Lawyers, NEW Markets and RegulationFrank H. Stephen,UniversityofManchester,UKThisbookassessesbotheconomictheoriesandpublicpolicyontheregulationoflawyersinthelightoftheUK’sexperience.ItpredictsarevolutioninlawyeringasaresponsetothemostrecentUKlegislation.


Managing Transaction Costs in the Era of GlobalizationFrank A.G. den Butter,VUUniversityAmsterdam,TheNetherlandsThisbookexplainstheimportanceandmeansofkeepingtransactioncostsaslowaspossible.Thisskillislabelledastransactionmanagement.Thebookofferspracticalapplicationsofmoderneconomictheoriesontrade,transactioncostsandinstitutionsforbusinessandgovernment.

2012 296 pp Hardback 978 1 78100 130 1 £75.00 Elgaronline 978 1 78100 131 8AdvancesinNewInstitutionalAnalysisseries

The Coase TheoremEditedbyRichard A. Posner,UnitedStatesCourtofAppealsfortheSeventhCircuitandUniversityofChicagoLawSchoolandFrancesco Parisi,UniversityofMinnesotaLawSchool,USandUniversityofBologna,Italy‘Deirdre McCloskey’s erstwhile quip that no more than a handful of economists, “a bare half-dozen,” actually understand the Coase Theorem, was surely an exaggeration – the actual number is undoubtedly fewer! Once assimilated, however, the Theorem – particularly its contrapositive: Institutions and legal rules matter only as a consequence of nontrivial transaction costs – fundamentally reorients one’s analytical approach to problems of organization and governance. The contributions assembled in these volumes, which span the Theorem’s origins, development, applications and misunderstandings, provide the careful reader with the opportunity to join that elite group who truly appreciate Ronald Coase’s profound insight.’

–ScottE.Masten,UniversityofMichigan,US55 articles, dating from 1959 to 2010 Contributors include: P. Bernholz, J. Buchanan, G. Calabresi, R. Cooter, H. Demsetz, R. Epstein, L. Kaplow, D. Melamed, P. Samuelson, G. Stigler

Series No. 37 Two volume set 2013 1,296 pp Hardback 978 0 85793 791 9 £435.00

Institutional Law NEW and EconomicsEditedbyPablo T. Spiller,UniversityofCalifornia,Berkeley,USTheevolvingfieldofinstitutionallawandeconomicshasbeenthesubjectofmuchresearchinrecentyears.ProfessorSpiller,inthisauthoritativethree-volumecollection,providesthereaderwithaselectionofseminalarticleswhichchartthedevelopmentofthistopicoverthepastfewdecades.Areasdiscussedincludetheboundariesofthefirm,employment,propertyrights,privateorderingaswellasthoseconcerninginstitutionsandpublicpolicyandinstitutionalenvironmentandeconomicperformance.Thisindispensablereferencecollectionwillbeofimmensevaluetobothstudentsandpractitionersinthefield.54 articles, dating from 1937 to 2009 Contributors include: H. Demsetz, A. Greif, R. Johnson, P. Joskow, G. Libecap, D. North, L. Telser, B. Weingast, M. Whinston, O. Williamson

Three volume set Dec 2013 c 1,760 pp Hardback 978 1 84542 984 3 c £490.00



EconomicApproachestoLawseries

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SustainablePerformanceofanInnovativeInterventioninNepalThelateElinor Ostrom,formerlyofIndianaUniversity,US,Wai Fung Lam,TheUniversityofHongKong,Prachanda Pradhan,FarmerManagedIrrigationSystemsPromotionTrust,Nepaland Ganesh P. Shivakoti,AsianInstituteofTechnology,Thailand‘Governance of irrigation systems is complex, needing social, technical and financial actions that support farming. Few people have as much knowledge of self-governing irrigation systems as these authors, and few countries have as many of these systems as Nepal. Lessons from these small irrigation systems can be adapted to much larger units, and to other kinds of activity. External assistance on a modest scale could generate practical benefit, by encouraging self-reliance in communities.’

–CharlesAbernethy,InternationalIrrigationManagementInstitute,Colombo(1987–94)and

AsianInstituteofTechnology,Thailand(1996–99)


Foundations of Social CapitalEditedbythelateElinor Ostrom and T.K. Ahn

Series No. 2 2003 630 pp Hardback 978 1 84064 827 0 £173.00 2010 Paperback 978 1 84980 249 9 £35.00CriticalStudiesinEconomicInstitutionsseriesFullcontents–www.e-elgar.com

Complexity, Institutions and Public PolicyAgileDecision-MakinginaTurbulentWorldGraham Room


International Handbook of Network IndustriesTheLiberalizationofInfrastructureEditedbyMatthias FingerandRolf W. Künneke


Institutional EntrepreneurshipEditedbyMagnus Henrekson,ResearchInstituteofIndustrialEconomics,SwedenandTino Sanandaji,UniversityofChicago,USandResearchInstituteofIndustrialEconomics,SwedenThegrowingrecognitionoftheextenttowhichinstitutionsdetermineeconomicoutcomeshasbeenoneofthekeydevelopmentsineconomicresearchandpolicyanalysisinthelasttwodecades.Atthesametime,theentrepreneurhasmadeacomeback,resurrectedasoneoftheprimevaluecreatorsinsociety.ThiscomprehensivevolumebuildsonBaumol’s1990frameworktocategorizeandclassifythegrowingresearchfieldthatexplorestheinterplaybetweeninstitutionsandentrepreneurship.Italsocontainstheuniquefeatureofexaminingthewaysinwhichentrepreneursthemselvesshapeinstitutions.25 articles, dating from 1991 to 2010 Contributors include: Z. Acs, O. Bandiera, W. Baumol, P. Boettke, E. Glaeser, P. Leeson, J. Lerner, D. Rodrik, A. Shleifer, L. Zingales

Series No. 24 2012 552 pp Hardback 978 1 84844 028 9 £175.00TheInternationalLibraryofEntrepreneurshipseriesFullcontents–www.e-elgar.com

The Social Economics of Thorstein VeblenDavid Reisman,NanyangTechnologicalUniversity,SingaporeandUniversityofSurrey,UK‘Considering the inability of conventional economics to comprehend the socio-economic convulsions over the past few years in so many countries, it is surely time to try something else. David Reisman’s TheSocialEconomicsofThorsteinVeblen thus appears at a most opportune moment. This original analytical study is the best introduction into Veblen’s work that I know of, and will, I trust, encourage a renewal of interest in possibly the most unjustly neglected of economists. Reisman’s primary contention that there is – despite obstacles to comprehension created by Veblen’s personal idiosyncrasies and unconventional literary style – a Veblen structure of thought, or general system, is fully confirmed by the evidence presented in his book. In this demonstration lies its great merit.’

–SamuelHollander,Ben-GurionUniversityoftheNegev,Israel


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SHandbook of Economic OrganizationIntegratingEconomicandOrganizationTheoryEditedbyAnna Grandori,BocconiUniversity,Italy‘Anna Grandori has astutely organized the commissioned chapters of an intellectually diverse set of scholars into an absolutely outstanding contribution that both defines the current state of organizational economics and points the perceptive reader toward an exciting intellectual future. From traditional research areas to the newest topics of interest, the chapters chart the current boundaries of the field. The chapters are filled with gems of insight across several distinct levels of analysis, whether it is a discussion of organizational design, or psychological economics or innovation or the organization as language, the discussions are contemporary, comprehensive and challenging. No serious scholar of organizational economics should be without this book.’

–RichardN.Osborn,WayneStateUniversity,USContributors include: N. Argyres, M.M. Blair, G. Bonifati, R.M. Burton, M.G. Colombo, L. Feng, N.J. Foss, B.S. Frey, V.P. Goldberg, A. Grandori, G. Hendrikse, J.F. Hennart, G.M. Hodgson, A. Holl, B.E. Kaufman, P.G. Klein, P. Kriss, K.R. Lakhani, J.-E. Lane, R. Leoni, H. Lifshitz-Assaf, S. Lindenberg, J.T. Mahoney, S.E. Masten, B. Obel, M. Osterloh, U. Pagano, J. Pencavel, P. Puranam, R. Rama, M. Raveendran, C. Rossi Lamastra, L. Sacconi, R. Sanchez, M.L. Tushman, M. Villani, M. Warglien, R. Weber, J. Windsperger, T.R. Zenger


The Transaction Cost Economics ProjectTheTheoryandPracticeoftheGovernanceofContractualRelationsOliver E. Williamson,UniversityofCalifornia,Berkeley,USand2009WinneroftheNobelPrizeinEconomicsforStudiesofEconomicGovernance‘Williamson’s work on transaction cost economics has shaped the thinking of all social scientists about organizations and institutions. This volume reprints many of his seminal papers on the subject, and is valuable both as commemoration and for reference.’

–AvinashDixit,PrincetonUniversity,US

2013 444 pp Hardback 978 0 85793 875 6 £95.00 2013 Paperback 978 0 85793 877 0 £30.00

Government Failure NEW

Society,MarketsandRulesWilfred Dolfsma,UniversityofGroningen,TheNetherlands,andcorrespondingeditoroftheReview of Social Economy‘The idea that governments as well as markets can fail has been central to the public choice literature for the last half century. Typically government failure is described and measured as excessive expenditures or unbalanced budgets. This original book points out that government failures often take the form of inappropriate or inconsistent rules governing the private sector. The argument is nicely illustrated using real-world examples in the areas of health care, innovation, and intellectual property. The book is a timely and important contribution to the literature.’

–DennisC.Mueller,UniversityofVienna,Austria

July 2013 c 160 pp Hardback 978 1 78254 606 1 £65.00 Elgaronline 978 1 78254 716 7

Governance, Regulation NEW and InnovationTheoryandEvidencefromFirmsandNationsEditedbyMehmet Ugur,UniversityofGreenwich,UKThisbookdisentanglesthecomplexrelationshipbetweeninnovationanditspotentialdeterminants,payingspecialattentiontotherolesofgovernanceandregulatoryframeworks,andthewaysinwhichthelatterinteractwithotherdriversofinnovationsuchascompetitionandtheinnovator’sclosenesstothetechnologyfrontier.

Sept 2013 c 256 pp Hardback 978 1 78254 065 6 c £75.00

Comparative NEW Institutional AnalysisTheory,CorporationsandEastAsiaMasahiko Aoki,StanfordUniversity,USThisvolumecollects22articlesbyMasahikoAoki,selectedfromwritingspublishedoverthecourseofhis45-yearacademiccareer.Thesefascinatingessayscoverarangeofissues,includingmechanismdesign,comparativegovernance,corporategovernance,institutionsandinstitutionalchange,butaretiedtogetherbyafocusonEastAsiaandacomparativeinstitutionalframework.


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Variety in East AsiaFormalandInformalPatternsofCoordinationEditedbyWerner Pascha,Cornelia StorzandMarkus Taube

2011 328 pp Hardback 978 1 84980 795 1 £79.95 Elgaronline 978 1 84980 796 8NewHorizonsinInstitutionalandEvolutionaryEconomicsseries

Institutions and Regulation for Economic Growth?PublicInterestsversusPrivateIncentivesEditedbyEmiel F.M. Wubben


Does Economic Governance Matter?GovernanceInstitutionsandOutcomesEditedbyMehmet UgurandDavid Sunderland


Institutions in CrisisEuropeanPerspectivesontheRecessionEditedbyDavid Howden

2011 264 pp Hardback 978 0 85793 211 2 £75.00 Elgaronline 978 0 85793 212 9NewThinkinginPoliticalEconomyseries

TheInternationalLibraryofCriticalWritingsinEconomicsseries

The Economics of Organisation and BureaucracyEditedbyPeter M. Jackson,UniversityofLeicester,UKThisauthoritativeandin-depthcollectionpresentsseminalpapersfromleadingacademicsinthefieldoforganisationandbureaucracy.Itencompassessectionsonorganisationalboundaries,neo-Schumpeteriantheories,hierarchyandinternationalorganisation,organisationalcultureandbehaviour,powerpoliticsandauthority,aswellasorganisationalinstitutionsandpractices.ProfessorJacksonhaschosenworkswhichhaveshapedtheviewsofhowtheeconomicsoforganisationandbureaucracyareviewedtodayandhasincludedpapersfromconflictingendsofthespectrumtoillustratethefluidandevolvingnatureofthesubject.Thisindispensablevolume,withanoriginalintroductionbytheeditor,willbeofimmensevaluetostudents,scholarsandpractitionersinterestedinthistopicalandrelevantfield.87 articles, dating from 1776 to 2008 Contributors include: K. Arrow, R. Coase, O. Hart, B. Klein, J. Mirrlees, H. Simon, A. Smith, J. Stiglitz, D. Teece, O. Williamson

Series No. 272 Three volume set 2013 2,244 pp Hardback 978 1 85898 444 5 £715.00

Markets and Market Institutions: Their Origin and EvolutionEditedbyMark Casson

Series No. 253 2011 768 pp Hardback 978 1 84980 389 2 £245.00


The Nature of the New FirmBeyondtheBoundariesofOrganizationsandInstitutionsEditedbyKillian J. McCarthy, Maya FioletandWilfred Dolfsma




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Handbook on the NEW Economics of Reciprocity and Social EnterpriseEditedbyLuigino Bruni,LUMSAUniversity,RomeandStefano Zamagni,UniversityofBolognaandJohnsHopkinsUniversity,BolognaCenter,ItalyOriginalcontributionsfromkeyinternationalexpertsacknowledgeandillustratethatmarketsandfirmscanbecivilizingforceswhenandiftheyareunderstoodasexpressionsofcooperationandcivilvirtues.Theyprovideanilluminatingdiscourseonawiderangeoftopicsincludingreciprocity,giftsandthecivileconomy,whichareespeciallyrelevantintimesofcrisisforfinancialcapitalism.TheHandbookquestionsthecurrentphaseofthemarketeconomythatarisesfromastateofanthropologicalpessimism.Suchanthropologicalcynicismisoneofthefoundationsofthecontemporaryeconomicsystemthatischallengedbythecontributors.Contributors include: R. Abramovay, H. Alford, A. Andreoni, A. Argandoña, A. Barrera, L. Becchetti, N. Bellanca, E. Bortoluzzi Dubach, C. Borzaga, L. Bouckaert, S. Bowles, A. Brandolini, A. Caillè, J. Davis, J. Defourny, L. Faulk, B. Frey, H. Gintis, L. Gold, B. Gui, A. Habisch, S. Hargreaves-Heap, D. Jones, P. Kalmi, E. Khalil, S. Kolm, C. Loza Adaui, J. Mercier Ythier, S. Neckermann, V. Negri, A. Offer, A. Pabst, G.R. Pearce, V. Pelligra, P.L. Porta, P.L. Sacco, L. Sacconi, A. Smerilli, A.J. Uelmen, P. Vanin, B.M. Wilson, L. Zarri, D.J. Zizzo

May 2013 c 496 pp Hardback 978 1 84980 463 9 £150.00 Elgaronline 978 1 84980 474 5ELGAR ORIGINAL REFERENCEFullcontents–www.e-elgar.com

Handbook of Developments in Consumer BehaviourEditedbyVictoria Wells,DurhamUniversityandGordon Foxall,CardiffUniversity,UK‘This Handbook could be recommended for everybody willing to establish or deepen the knowledge in consumer behavior, discover potential research areas and understand challenges of future consumer research.’

–TransferContributors: P.J. Albanese, R. Belk, C.S. Craig, S.P. Douglas, G.R. Foxall, R.E. Goldsmith, L. Green, C.S. Gulas, D.A. Hantula, M. Hubert, U. Javed, P. Kenning, M. Linzmajer, L.L. Oliveira, K. Peattie, D. Ross, H. Timmermans, R.H. Tsiotsou, M.G. Weinberger, M.F. Weinberger, V.K. Wells, J. Wirtz, M. Yani-de-Soriano, S.Y. Yousafzai, J.L. Zaichkowsky


Handbook on NEW Experimental Economics and the EnvironmentEditedbyJohn A. List,UniversityofChicago,NationalBureauofEconomicResearchandResourcesfortheFuture,USandMichael K. Price,GeorgiaStateUniversityandtheNBER,US‘Until not much more than 20 years ago, economists frequently lamented the fact that they were limited in their empirical analyses to statistical assessments of market behavior, because controlled economic experiments were (thought to be) infeasible, unethical, or both. Much has changed in the intervening years! In this new volume, John List, Michael Price, and their co-authors provide a diverse set of applications of experimental approaches to the environmental economics realm. This is among the most promising of new areas of research in the economics of the environment, and this book provides a superb point of entry for experts and novices alike.’

–RobertStavins,HarvardUniversity,USContributors: R.P. Berrens, F. Bousquet, J.-C. Cardenas, R. Croson, A. Farrell, L. Gangadharan, G. Giordana, J.K. Horowitz, M. Janssen, J.L. Knetsch, S. Kroll, J.A. List, M.C. Lopez, C.F. Mason, K.E. McConnell, M. McKee, K. Moeltner, J.J. Murphy, W.S. Neilson, C.F. Parmeter, J.C. Pope, M.K. Price, K. Silz Carson, J.M. Spraggon, J.T.R. Stoop, J.K. Stranlund, D.P. van Soest, M.A. Velez, C.A. Vossler, J. Vyrastekova, M. Willinger, D. Zetland


Changing Behaviours NEW

OntheRiseofthePsychologicalStateRhys Jones,AberystwythUniversity,Jessica Pykett,UniversityofBirminghamandMark Whitehead,AberystwythUniversity,UK‘This groundbreaking book provides a meticulously-researched history of the rise of a new state that aims to govern people by changing their behaviour through influencing (or at least claiming to influence) their psyche. With examples from finance, transport, health and environment it also illustrates the struggles of citizens who fight against this new agenda of government. The book shows how deeply the psyche has become a different site of power and hence a different object of knowledge over the last two or three decades.’

–EnginIsin,theOpenUniversity,UK

May 2013 c 240 pp Hardback 978 0 85793 687 5 £75.00 Elgaronline 978 0 85793 688 2

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of Behavioral FinanceEditedbyBrian Bruce,CenterforInvestmentResearchandHillcrestAssetManagement,US‘This book does an excellent job of presenting empirical evidence as to the role of selected psychological attributes on key investment behaviors and it should be valuable to investment professionals as a handbook. Professor Bruce has selected readings that clearly show that investors are more than logic machines. They have evolved brains which makes them susceptible to context and culture. The book wisely avoids making generalizations about a new behavioral financial paradigm which at this time is only in the early stages of development.’ –RobertA.Olsen,CaliforniaStateUniversity,Chico,US

Contributors: L.F. Ackert, J. Agnew, K. Bachmann, T. Berry, N. Blasco, P. Calafiore, L.-L. Chong, B.K. Church, A.M. Cianci, P. Corredor, S.S. Culbertson, S. Davidson, K. Ely, T. Evans, D.M. Fazio, S. Ferreruela, S.O. Fogel, G. Francis, R. Garvey, C. Gort, T. Hens, D.C. Indro, H.J. Jeffrey, H. Kelley, E. Kirchler, M.-M. Lai, B. Lee, M. Lehenkari, B. Maciejovsky, J. Madura, A. Murphy, J. O’Brien, N. Okuyama, J. Perttunen, V. Ramiah, N. Richie, K. Sivaramakrishnan, G. Soydemir, L. Szykman, B.M. Tabak, S.-H. Tan, R. Verma, M. Wang, M. Weber, J. Yang, L. Zhu


The Marketing FirmEconomicPsychologyofCorporateBehaviourKevin J. VellaandGordon Foxall



Recent Developments in NEW the Economics of HappinessEditedbyBruno S. Frey,UniversityofWarwick,UK,ZeppelinUniversity,Friedrichshafen,GermanyandCREMA–CentreforResearchinEconomics,ManagementandtheArts,SwitzerlandandAlois Stutzer,UniversityofBasel,SwitzerlandWhatmakespeoplehappyinlife?Thiscrucialquestionhasthepotentialtoshakeupeconomics.Inrecentyears,dissatisfactionwiththeunderstandingofwelfareineconomicsandnewopportunitiesforempiricalstudyofpeople’ssubjectivewell-beinghavespurredimpressiveandstimulatingnewresearchintothe‘dismal’science,resultinginincreasedinterestintheeconomicsofhappiness.ProfessorFreyandProfessorStutzerhaveselectedcontributionsbyleadingscholarswhichofferawide-rangingoverviewofrecentdevelopments.Theseincludeanexplorationoftheeconomicdeterminantsofhappiness,theimportanceofsocialcapitalandhealthforwell-beingandthenewlifesatisfactionapproachtovaluingpublicgoods.Workonutilitymispredictionandadaptationchallengestheexistingfundamentalsofeconomics,andtheroleofhappinessresearchinpublicpolicyisinvestigatedfromdifferentperspectives.19 articles, dating from 2002 to 2012 Contributors include: A. Clark, R. Easterlin, B.S. Frey, J. Helliwell, D. Kahneman, A. Krueger, R. Layard, A. Oswald, A. Stutzer, J. Wolfers


Behavioural MacroeconomicsEditedbyIan M. McDonald,UniversityofMelbourne,AustraliaThisinvaluablevolumebringstogetherseminalarticleswithasignificantbehaviouralcontentonvariousareasinmacroeconomics.Thetopicscoveredincludeahistoricalperspectiveonpsychologyandeconomics,socialnormsandmacroeconomics,thenatureofunemployment,unemploymentandinflation,consumptionandsaving,thecausesoftheglobalfinancialcrisis,economicgrowthandhappinessandincomedistributionandtheunderclass.Thecollectionalsocoversabroadrangeofthetheoriesandmethodsusedinbehaviouraleconomics.24 articles, dating from 1988 to 2009 Contributors include: G. Akerlof, T. Bewley, V. Bhaskar, E. Fehr, S. Holden, A. Oswald, M. Rabin, R. Sugden, L. Summers, R. Thaler





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Building National and Regional Innovation SystemsInstitutionsforEconomicDevelopmentJorge Niosi,UniversitéduQuébecàMontreal,Canada‘The book by Jorge Niosi, BuildingNationalandRegionalInnovationSystems is a welcome and timely contribution to the literature. The book is about how to promote science, technology and innovation for development and catching up in developing countries. Niosi presents a clear opinion of how countries should stimulate catching up. . . This book is highly recommendable to students, researchers and policy-makers.’

–ArneIsaksen,Papers in Regional Science


Exchange and DevelopmentAnAnatomyofEconomicTransactionsPeter A. Cornelisse,ErasmusUniversity,Rotterdam,TheNetherlandsandErik Thorbecke,CornellUniversity,US‘The authors of this volume are spot on when they note that “the perspective alters drastically when it is realized that economic exchange as it occurs in the real world is a laborious and costly process with uncertain and imperfect outcomes”. We all have a lot to learn from this highly original, thought provoking contribution to our understanding of the very core of economic and development thinking.’–FinnTarp,UnitedNationsUniversity–WorldInstitute

forDevelopmentEconomicsResearch,FinlandandUniversityofCopenhagen,Denmark


Economic Growth in NEW an Open Developing EconomyTheRoleofStructureandDemandA.P. Thirlwall,UniversityofKent,Canterbury,UKOrthodoxgrowththeorycontinuestoworkwith‘one-good’modelsandtotreatfactorsuppliesasexogenouslygiven,independentofdemand.Orthodoxtradetheorystillignoresthebalanceofpaymentsconsequencesofdifferentpatternsoftradespecialisationwhenassessingthewelfareeffectsoftrade.ThisconciseyetinsightfulsequeltothehighlyacclaimedThe Nature of Economic Growth,presentstheoryandup-to-dateempiricalevidencethatfactorsofproductionandproductivitygrowthareendogenoustodemand,andthatthestructureofproductionandtradematterforthelong-rungrowthperformanceofcountries.


Economic NEW PB Development as a Learning ProcessVariationAcrossSectoralSystemsEditedbyFranco Malerba,BocconiUniversity,ItalyandRichard R. Nelson,ColumbiaUniversity,USUntilrecently,economistsstudyingeconomicdevelopmenthavetendedtoconsideritauniversalprocess,orfocussedtheirattentiononcommonaspects.Thisbookoriginatesfromthegrowingrecognitionofsignificantsectoraldifferencesineconomicdevelopmentandexaminesthecatching-upprocessinfivedifferenteconomicsectors:pharmaceuticals,telecommunicationsequipment,semiconductors,software,andagro-foodindustries.Eachofthesesectorstudiesexplorethelearningandcatch-upprocessesinvariousdevelopingcountries,inordertoidentifyboththecommonfeatures,andthosewhichdiffersignificantlyacrosssectorsandnations.TheauthorspayparticularattentiontoChina,India,Brazil,KoreaandTaiwan.


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–OliverE.Williamson,NobelLaureateinEconomics,UniversityofCalifornia,Berkeley,US

2012 256 pp Hardback 978 1 78100 137 0 £75.00 June 2013 Paperback 978 1 78100 624 5 £25.00 Elgaronline 978 1 78100 141 7

Good Governance in the 21st CenturyConflict,InstitutionalChange,andDevelopmentintheEraofGlobalizationEditedbyJoachim Ahrens,thelateRolf CaspersandJanina Weingarth

2011 392 pp Hardback 978 1 84542 971 3 £89.95 Elgaronline 978 1 78100 092 2NewThinkinginPoliticalEconomyseries

Economic Futures NEW of the WestJan Winiecki,TischnerSchoolofEuropeanStudies,CracowandUniversityofInformationTechnologyandManagement,Rzeszow,PolandThisthought-provokingbookconsiderstheglobalchallengesandchallengerstotheeconomicsupremacyoftheWest.JanWinieckiexploresthevariousproblemsthattheWestmustdealwithinordertoremainanefficientcompetitorintheworldeconomy.These,heargues,areprimarilyconsequencesoftheever-expandingwelfarestate;consequencesthatarenotonlyeconomicbutalsosocio-psychologicaland,therefore,political.TheauthorconcludesthatthemainchallengerstotheWest–Brazil,Russia,IndiaandChina(theso-calledBRICgroupofcountries)–areunlikelytogaineconomicsupremacyovertheWestanytimesoongiventheyhavetheirowndifficultiestocontendwith.

May 2013 c 192 pp Hardback 978 1 78195 170 5 £65.00 Elgaronline 978 1 78195 171 2NewThinkinginPoliticalEconomyseries

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Rational Econometric Man NEW

TransformingStructuralEconometricsEdward J. Nell,TheNewSchoolforSocialResearch,USandKarim Errouaki,TheFoundationfortheCultureofPeace,Spain‘This is a book macroeconomists were waiting for – a lucid history of macroeconometric model building. I must read.’

–WilliSemmler,NewSchoolforSocialResearch,US

‘The authors have succeeded in orchestrating a lively debate over the scientific foundations of structural econometrics. Their book deserves a broad readership.’

–FromtheforewordbyLawrenceR.Klein

Oct 2013 c 392 pp Hardback 978 1 84980 154 6 c £95.00 Elgaronline 978 1 84980 962 7

Handbook on Contemporary Austrian EconomicsEditedbyPeter J. Boettke,GeorgeMasonUniversity,USThisHandbooklooksthroughthelensofthelatestgenerationofscholarsatthemainpropositionsbelievedbyso-called‘Austrians’.Eachcontributingauthoraddresseskeytenetsoftheschoolofthought,andoutlinesitsongoingcontributiontoeconomicsandtothesocialsciences.Contributors: S.A. Beaulier, P.J. Boettke, C.J. Coyne, A.J. Evans, P.T. Leeson, S.C. Miller, B. Powell, F. Sautet, V.H. Storr, E.P. Stringham, J.R. Subrick


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Aggregate Production NEW Function and the Measurement of Technical Change‘NotEvenWrong’Jesus Felipe,AsianDevelopmentBank,Manila,PhilippinesandJohn S.L. McCombie,UniversityofCambridgeandDowningCollege,UKThisauthoritativeandstimulatingbookrepresentsafundamentalcritiqueoftheaggregateproductionfunction,aconceptwidelyusedinmacroeconomics.Theauthorsexplainwhy,despitetheseriousaggregationproblemsthatsurroundit,aggregateproductionfunctionsoftengiveplausiblestatisticalresults.Thisisduetotheuseofconstant-pricevaluedata,ratherthanthetheoreticallycorrectphysicaldata,togetherwithanunderlyingaccountingidentitythatrelatesthedatadefinitionally.Itisinthissensethattheaggregateproductionfunctionis‘notevenwrong’:itisnotabehaviouralrelationshipcapableofbeingstatisticallyrefuted.Thebookexaminesthehistoryoftheproductionfunctionandshowshowcertainseminalworksonneoclassicalgrowththeory,labourdemandfunctionsandestimatesofthemark-up,amongothers,sufferfromthisfundamentalproblem.

Oct 2013 c 352 pp Hardback 978 1 84064 255 1 c £85.00 Elgaronline 978 1 78254 968 0

The Elgar Companion to the Chicago School of Economics EditedbyRoss B. Emmett,JamesMadisonCollege,MichiganStateUniversity,USManyknowtheChicagoSchoolofEconomicsanditsassociationwithMiltonFriedman,GeorgeStigler,RonaldCoaseandGaryBecker.ButfewknowtheSchool’shistoryandthefullscopeofitsscholarship.InthisCompanion,leadingscholarsexamineitshistoryandkeyfigures,aswellasprovidesurveysoftheSchool’scontributionstocentralaspectsofeconomics,including:pricetheory,monetarytheory,laborandeconomichistory.ThevolumeexaminestheSchool’straditionsofappliedwelfaretheoryandlawandeconomicswhileprovidingaglimpseintoemergingresearchonChicago’sroleinthedevelopmentofneoliberalism.Contributors: O. Ashenfelter, H.S. Banzhaf, W.J. Barber, D.K. Benjamin, J.E. Biddle, G.L. Brady, G.G. Cain, R.B. Emmett, E. Forget, M. Gunderson, J.D. Hammond, D.W. Hands, S.D. Kasper, B.E. Kaufman, D. Laidler, H. Li, S.G. Medema, P. Mirowski, D. Mitch, E. Nik-Khah, J. Pencavel, H. Rockoff, M. Rutherford, E. Schliesser, P.N. Teixeira, R. Van Horn, S.T. Ziliak


Earth EconomicsAnIntroductiontoDemandManagement,Long-RunGrowthandGlobalEconomicGovernancePeter A.G. van Bergeijk,ErasmusUniversity,TheHague,TheNetherlandsTakingstockofemergingplanetdataandanalysingpoliciesduringtheglobalcrisis,Earth Economicsprovidesacomprehensiveandaccessibleintroductiontobasicmacroeconomicconcepts,methodsandprinciples,andtheirapplicationtorealworlddata.


Defending the History NEW of Economic ThoughtSteven Kates,RMITUniversity,AustraliaItisaseriousproblemforeconomiststhatthehistoryofeconomicshasallbutdisappeared.Almostnoeconomisteducatedtodayhasdetailedknowledgeofthepeoplewhobuilttheideasfoundintheirtextsnordotheyknowhowthoseideasevolved.Worseyet,theyknowlittleoftheideasthathadoncebeencentralbuthavesincebeendiscarded.Thisbookexplainswhyanyonewhowishestounderstandhoweconomiesworkmustalsounderstandthehistoryofeconomics.


Macroeconomic MethodologyAPost-KeynesianPerspectiveJesper Jespersen


ToorderafreecopyofourHISTORY OF ECONOMIC THOUGHT & METHODOLOGY CATALOGUE



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The Elgar NEW PB Companion to Recent Economic MethodologyEditedbyJohn B. Davis,UniversityofAmsterdam,TheNetherlandsandMarquetteUniversityandD. Wade Hands,UniversityofPugetSound,USBringingtogetheracollectionofleadingcontributorstothisnewmethodologicalthinking,theauthorsexplainhowitdiffersfromthepastandpointtowardsfurtherconcernsandfutureissues.Therecentresearchprogramsexploredincludebehavioralandexperimentaleconomics,neuroeconomics,newwelfaretheory,happinessandsubjectivewell-beingresearch,geographicaleconomics,complexityandcomputationaleconomics,agent-basedmodeling,evolutionarythinking,macroeconomicsandKeynesianismafterthecrisis,andnewthinkingaboutthestatusoftheeconomicsprofessionandtheroleofthemediaineconomics.Contributors: A. Alexandrova, E. Angner, R.E. Backhouse, B.W. Bateman, P.L. Borrill, L. Bruni, D. Colander, J.B. Davis, K. Dopfer, P. Garcia Duarte, D.W. Hands, D.M. Haybron, F. Heukelom, G.M. Hodgson, K. Juselius, U. Mäki, C. Marchionni, T. Mata, P. Mirowski, P.L. Porta, D. Ross, A.C. Santos, L. Tesfatsion, P. Tubaro, K. Vela Velupillai, J. Vromen, L.R. Wray, S. Zambelli

2011 552 pp Hardback 978 1 84844 754 7 £155.00 June 2013 Paperback 978 0 85793 824 4 £40.00 Elgaronline 978 0 85793 807 7ELGAR ORIGINAL REFERENCEFullcontents–www.e-elgar.com

Handbook on the NEW PB Economics of LeisureEditedbySamuel Cameron,UniversityofBradford,UKThisinterdisciplinaryHandbookcombinesbothmainstreamandheterodoxeconomicstoassessthenature,scopeandimportanceofleisureactivities.Awiderangingbodyofinternationalscholarsgettogripswiththecoreissuesandexpertlyapplyeconomicstosomeusuallyneglectedtopics,suchasboredomandsleeping,work–lifebalance,dating,tourism,healthandfitness,sport,videogames,socialnetworking,musicfestivalsandsex.Contributors: V. Ateca-Amestoy, G. Bakker, A. Balestrino, S. Banerjee, G. Black, S. Cameron, A. Collins, A. Cooke, J. Cox, L. David, G. Doyle, P.E. Earl, V.G. Fitzsimons, V. Flambard, M. Fox, S. Hussels, K. Jackson, G. Larsen, L.J.A. Lenten, L. Mintz, D. O’Reilly, D. Paton, T.-C. Peng, R.K. Pillania, S. Scott, A.B. Trigg, N. Vaillant, D.L. Wheeler, F.-C. Wolff


The Economics of Edwin ChadwickIncentivesMatterRobert B. Ekelund Jr.,AuburnUniversityandEdward O. Price III,OklahomaStateUniversity,US‘Economists owe a great debt to Ekelund and Price for making us aware of Edwin Chadwick’s seminal contributions. Chadwick lived in the middle of the 19th century, but he anticipated many of the theoretical and practical advances that culminated in the law and economics revolution of the late 20th century. These include Coase’s analysis of social cost and Demsetz’s proposal for franchise bidding in natural monopolies. Read the summary of Chadwick’s ideas about railroads and consider that Britain adopted many of them but only more than a century later (while the US continues to wallow in ignorance). The book is full of similar examples where Chadwick’s prescience is extraordinary. Economists, legal scholars and practitioners, especially those working at the intersection of law and economics, will want to read this book.’

–SamPeltzman,UniversityofChicago,US


A Handbook of Economic Anthropology, Second EditionEditedbyJames G. Carrier,OxfordBrookesUniversity,UKandIndianaUniversity,Bloomington,USAcclaimforthefirstedition:

‘This excellent overview would serve as an excellent text for advanced undergraduate and graduate-level classroom use. . . Because of the clarity, conciseness, and accessibility of the writing, the chapters in this volume likely will be often cited and recommended to those who want the alternative and frequently culturally comparative perspective on economic topics that anthropology provides. Highly recommended. All academic levels/libraries.’

–K.F.Rambo,ChoiceContributors: C. Alexander, K. Applbaum, M. Blim, M. Busse, J.G. Carrier, M.A. Chen, S. Coleman, R. Colloredo-Mansfeld, E.P. Durrenberger, J.S. Eades, T.H. Eriksen, S. Gudeman, J.I. Guyer, M. Harris, J. Harriss, K. Hart, E. Hirsch, R.C. Hunt, B.L. Isaac, D. Kalb, D. Lewis, P. Luetchford, B. Maurer, E. Mayer, S. Narotzky, H. Ortiz, S. Ortiz, J. Parry, T.C. Patterson, D. Robotham, T. Roopnaraine, M. aul, V. Siniscalchi, P.J. Stewart, M. Stivens, A. Strathern, O. Visser, Y. Yan



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Chicago Price Theory NEW

EditedbyJ. Daniel Hammond,WakeForestUniversity,Steven G. Medema,UniversityofColorado,DenverandJohn D. Singleton,DukeUniversity,USThe‘ChicagoPriceTheory’approachtoeconomicshasbeencreditedwithsheddinglightonmanyfundamentalquestionsrelatingtotraditionaleconomicsandrenownedscholarsincludingMiltonFriedman,FrankKnight,GeorgeStigler,JacobVinerandothershaveeachplayedakeyroleinthedevelopmentofinvestigativetechniquesandmethodologies.Thiscomprehensivethree-volumecollectionbringstogetherthemostimportantpapersfromleadingeconomistspublishedinthepast120yearscoveringawiderangeoftopicsandissues.Alongwithanoriginalintroductionbytheeditors,thisauthoritativesetwillbeofimmensevaluetostudents,researchers,scholarsandpractitionersinterestedin‘ChicagoPriceTheory’.117 articles, dating from 1890 to 1994 Contributors include: A. Alchian, G. Becker, M. Friedman, A. Harberger, F. Knight, D. Patinkin, M. Reder, S. Rosen, G. Stigler, L Telser, J. Viner

Series No. 274 Three volume set May 2013 2,664 pp Hardback 978 1 84844 576 5 £845.00

Mathematics and Modern EconomicsEditedbyGeoffrey M. Hodgson,UniversityofHertfordshire,UKTheappropriateroleofmathematicsineconomicshasbeencontroversialfortwohundredyears,andhasbeenamatterofongoingdebateaseconomicsbecamemoremathematicalaftertheSecondWorldWar.Controversyhasbeenheightenedafterextensivecriticismsofmodelsusedforanalysis,predictionandriskassessmentpriortothegreatfinancialcrashof2008.Inthistopicalcollection,ProfessorHodgsonbringstogethertheseminalclassicandrecentessayspublishedsince1945ontheroleofmathematicsineconomics,byleadingauthorsincludingsixNobelLaureates,andfromavarietyofperspectives.46 articles, dating from 1947 to 2011 Contributors include: M. Blaug, J. Buchanan, G. Debreu, F. Hahn, P. Krugman, T. Lawson, W. Leontief, P. Mirowski, P. Samuelson, H. Simon


The Economics of NEW Social Institutions EditedbyJohn B. Davis,UniversityofAmsterdam,TheNetherlandsandMarquetteUniversity,USandAsimina Christoforou,AthensUniversityofEconomicsandBusiness,Greece

Dec 2013 c 948 pp Hardback 978 1 78195 524 6 c £310.00Fullcontents–www.e-elgar.com

The Concept of Equilibrium in Different Economic TraditionsAnHistoricalInvestigationBert Tieben,SEOEconomicResearch,TheNetherlands‘Bert Tieben is very well read in the history of economic thought and provides an overview of one of the basic concepts of economics that is unrivalled both in its scope and in its thoughtful and detailed discussion of the various currents and schools. It goes right to the heart of economic theory and asks some pertinent questions about the limits and the future of economic theorizing. That is, I think, what sets it apart from many other studies in the history of economic thought: it is history with an eye to the future, and it does all this without making any demands on the mathematical skills of the reader. This book should therefore appeal to everybody who is interested in the methodology of economics and in exploring the boundaries of economic analysis.’

–HansVisser,VUUniversity,Amsterdam,TheNetherlands


The Dissemination of Economic IdeasEditedbyHeinz D. Kurz, Tamotsu NishizawaandKeith Tribe


Handbook on the Shadow EconomyEditedbyFriedrich Schneider


The Elgar Companion to Hyman MinskyEditedbyDimitri B. PapadimitriouandL. Randall Wray




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AggregateProductionFunctionandtheMeasurementofTechnicalChange.....................27

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BehaviouralMacroeconomics............................................24BuildingNationalandRegionalInnovationSystems..........................................................25

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CapitalismandDemocracy.................................................19CapitalismonTrial..............................................................10CentralBanksandFinancialMarkets...................................6ChallengesforEuropeanInnovationPolicy........................14ChangingBehaviours.........................................................23ChicagoPriceTheory.........................................................28CoaseTheorem..................................................................19ComparativeInstitutionalAnalysis......................................19Competition,DiversityandEconomicPerformance....................................................15Complexity,InstitutionsandPublicPolicy..........................20ConceptofEquilibriuminDifferentEconomicTraditions...........................................29CreativeIndustriesandEconomicEvolution......................17Credit,MoneyandMacroeconomicPolicy...........................7Crisis,InnovationandSustainableDevelopment....................................................................15Cycles,CrisesandInnovation............................................13

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DefendingtheHistoryofEconomicThought......................27DisseminationofEconomicIdeas......................................29DoesEconomicGovernanceMatter?.................................22DynamicsofKnowledgeExternalities................................14

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EarthEconomics................................................................27EconomicDevelopmentasaLearningProcess.................25EconomicsofEdwinChadwick...........................................30EconomicsofFinancialTurbulence......................................8EconomicFuturesoftheWest...........................................26EconomicGrowthinanOpenDevelopingEconomy........................................................25EconomicOrganization,IndustrialDynamicsandDevelopment.............................................16EconomicsofOrganisationandBureaucracy....................22EconomicsofSocialInstitutions.........................................30ElgarCompaniontoHymanMinsky...................................30ElgarCompaniontoMarxistEconomics...............................9ElgarCompaniontoPostKeynesianEconomics,SecondEdition.................... 11ElgarCompaniontoRecentEconomicMethodology........................................28ElgarCompaniontotheChicagoSchoolofEconomics........................................................27Employment,GrowthandDevelopment.............................. 11EncyclopediaofKeynesianEconomics,SecondEdition................................................................. 11EvolutionaryApproachtoEntrepreneurship.......................18Evolution,OrganizationandEconomicBehavior...........................................................18EvolutionofOrganizations..................................................18ExchangeandDevelopment..............................................25

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FeministEconomics...........................................................12

FinancialInstabilityandEconomicSecurityaftertheGreatRecession.....................................6FoundationsofEconomicEvolution...................................17FoundationsofSocialCapital.............................................20FreeMarketEconomics........................................................3FutureforCapitalism..........................................................12

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GlobalFinancialCrisis..........................................................6GoodGovernanceinthe21stCentury...............................26Governance,RegulationandInnovation............................21GovernmentFailure............................................................21

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HandbookofAlternativeTheoriesofEconomicGrowth.........................................................12HandbookofBehavioralFinance.......................................24HandbookofCriticalIssuesinFinance................................8HandbookofDevelopmentsinConsumerBehaviour........................................................23HandbookofEconomicAnthropology,SecondEdition.................................................................29HandbookofEconomicOrganization.................................21HandbookofKnowledgeandEconomics...........................15HandbookofRegionalInnovationandGrowth...................13HandbookofResearchonGenderandEconomicLife.................................................9HandbookonContemporaryAustrianEconomics..........................................................28HandbookonExperimentalEconomicsandtheEnvironment........................................................23HandbookontheEconomicComplexityofTechnologicalChange...............................13HandbookontheEconomicsandTheoryoftheFirm.....................................................16HandbookontheEconomicsofLeisure.............................29HandbookontheEconomicsofReciprocityandSocialEnterprise.....................................23HandbookofEvolutionaryEconomicGeography.......................................................17HandbookontheShadowEconomy..................................29HeterodoxAnalysisofFinancialCrisisandReform...............................................................7

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ImprovingIrrigationinAsia.................................................20InnovationandHealth.........................................................14InnovationandTechnologicalCatch-Up.............................14InstitutionalEconomics.........................................................2InstitutionalEntrepreneurship.............................................20InstitutionalLawandEconomics........................................19InstitutionalVarietyinEastAsia..........................................22InstitutionsandRegulationforEconomicGrowth?......................................................22InstitutionsandtheEnvironment..........................................2Institutions,EconomicPerformanceandtheVisibleHand........................................................26InstitutionsinCrisis.............................................................22InternationalHandbookofNetworkIndustries....................20

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SecondEdition...................................................................2Post-KeynesianMonetaryTheoryandPolicy.......................9PowerofEvolutionaryThinkinginEconomics......................................................16ProductivityGrowth............................................................12Public-PrivateInnovationNetworksinServices.................13

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RationalEconometricMan.................................................28RecentDevelopmentsintheEconomicsofHappiness..................................................24RediscoveryofClassicalEconomics..................................16RoadstoSocialCapitalism.................................................12

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TeachingPost-KeynesianEconomics................................12TheoriesofMoneyandBanking...........................................7TransactionCostEconomicsProject..................................21TRIPSCompliance,NationalPatentRegimesandInnovation...................................................15

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Ahrens,Joachim.............................. 26Aldrich,HowardE............................ 18Amidei,FredericoBarbiellini............ 14Antonelli,Cristiano.....................13,14Aoki,Masahiko................................ 19Arena,Richard.................................15Asheim,Bjørn.................................. 13

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Benería,Lourdes............................. 12Boettke,PeterJ........................... 2,28Boschma,Ron........................... 13,17Bruce,Brian..................................... 24Bruni,Luigino...................................23Buenstorf,Guido..............................18

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Calliess,Gralf-Peter........................ 17Cameron,Samuel............................29Carrier,JamesG............................. 29Caspers,Rolf................................... 26Casson,Mark.................................. 22Cate,Thomas............................ 10,11Chakravarti,Ashok.......................... 26Child,John.......................................18Christoforou,Asimina...................... 30Colombo,MassimoG...................... 14Cömert,Hasan.................................. 6Cooke,Philip................................... 13Cornelisse,PeterA.......................... 25Courvisanos,Jerry...........................13

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Davidson,Paul.................................. 2Davis,JohnB............................ 28,30denButter,FrankA.G...................... 19Dietrich,Michael.............................. 16Dolfsma,Wilfred........................ 21,22Dopfer,Kurt..................................... 18Dosi,Giovanni................................. 16

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EkelundJr.,RobertB.......................30Elsner,Wolfram................................. 3Emmett,RossB...............................27Errouaki,Karim................................ 28

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Grandori,Anna................................ 21Grebel,Thomas............................... 14Greiner,Alfred..................................12Grilli,Luca........................................14

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Hammond,J.Daniel........................ 28Hamouda,O.F................................... 6Hands,D.Wade.............................. 28Hein,Eckhard................................ 3,8Henrekson,Magnus........................ 20Herrmann-Pillath,Carsten............... 17Hodgson,GeoffreyM...................... 30Howden,David................................ 22

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Jackson,PeterM............................. 22Jespersen,Jesper............... 11,12,27Jo,Tae-Hee....................................... 7Jones,Rhys..................................... 23

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Kaderabkova,Anna......................... 14Kasper,Wolfgang.............................. 2Kates,Steven...................... 3,6,7,27King,J.E...................................... 9,11Knodell,Jane..................................... 7Kozak,AndrewF.............................. 10Krafft,Jackie.................................... 16Künneke,RolfW.............................. 20Kurz,HeinzD.................................. 29

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Madsen,MogensOve.................................................11,12Malerba,Franco................................................................25Mani,Sunil.........................................................................15Martin,Ron..................................................................13,17Mavroudeas,Stavros.........................................................12May,AnnMari....................................................................12McCarthy,KillianJ.............................................................22McCombie,JohnS.L.........................................................27McDonald,IanM...............................................................24Medema,StevenG............................................................28Michell,Jo............................................................................8Montani,Guido..................................................................10Moore,Basil.........................................................................9Morrison,Andrea...............................................................14

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Nell,EdwardJ...................................................................28Nelson,RichardR.......................................................15,25Niosi,Jorge........................................................................25

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Olawoye,Salewa‘Yinka......................................................7Ostrom,Elinor....................................................................20

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Papadimitriou,DimitriB.....................................................30Parisi,Francesco...............................................................19Pascha,Werner.................................................................22Piscitello,Lucia..................................................................14Pollin,Robert.....................................................................10Posner,RichardA..............................................................19Potts,Jason.................................................................17,18Pradhan,Prachanda..........................................................20PriceIII,EdwardO............................................................30Price,MichaelK.................................................................23Pykett,Jessica...................................................................23

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Rabellotti,Roberta.............................................................14Radosevic,Slavo...............................................................14Reisman,David.................................................................20Rochon,Louis-Philippe..........................................7,8,9,11Room,Graham..................................................................20Rossi-Lamastra,Cristina...................................................14Rossi,Sergio.......................................................................6Rubalcaba,Luis.................................................................13

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Saad-Filho,Alfredo..............................................................9Sanandaji,Tino..................................................................20Sardoni,Claudio................................................................10

Schlesinger,Tom................................................................. 7Schneider,Friedrich........................................................... 29Schwartz,Dafna................................................................ 13Seccareccia,Mario.............................................................. 8Setterfield,Mark................................................................ 12Shivakoti,GaneshP.......................................................... 20Simpson,David................................................................. 16Singleton,JohnD.............................................................. 28Spiller,PabloT................................................................... 19Stabile,DonaldR............................................................... 10Stockhammer,Engelbert..................................................... 3Storz,Cornelia................................................................... 22Strassmann,Diana............................................................ 12Streit,ManfredE.................................................................. 2Stephen,FrankH............................................................... 19Stutzer,Alois...................................................................... 24Sunderland,David............................................................. 22

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Taube,Markus................................................................... 22tenRaa,Thijs.................................................................... 12Thirlwall,A.P...................................................................... 25Thorbecke,Erik................................................................. 25Tieben,Bert....................................................................... 29Tisdell,ClementA.............................................................. 15Tödtling,Franz................................................................... 13Toporowski,Jan................................................................... 8Tribe,Keith........................................................................ 29Tropeano,Domenica..........................................................11

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Ugur,Mehmet.............................................................. 21,22Uzunidis,Dimitri................................................................. 15

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vanBergeijk,PeterA.G..................................................... 27vandeKlundert,Theo....................................................... 19Vatn,Arild............................................................................ 2Vella,KevinJ..................................................................... 24Vernengo,Matías................................................................ 7

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Warnecke,ToniaL............................................................... 9Weingarth,Janina.............................................................. 26Wells,Victoria.................................................................... 23Whalen,CharlesJ............................................................... 6Whitehead,Mark............................................................... 23Wicks-Lim,Jeannette........................................................ 10Williamson,OliverE.......................................................... 21Windrum,Paul................................................................... 13Winiecki,Jan..................................................................... 26Witt,Ulrich......................................................................... 16Wolff,EdwardN................................................................. 12Wray,L.Randall............................................................ 7,30Wubben,EmielF.M........................................................... 22

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Zamagni,Stefano.............................................................. 23Zumbansen,Peer.............................................................. 17

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EE51April 2013

OrdersMarston Book Services Limited 160 Eastern Avenue, Milton Park, Abingdon Oxon OX14 4SB UK Tel: +44 1235 465500 Fax: +44 1235 465555 [email protected] www.marston.co.uk

InformationEdward Elgar Publishing Limited The Lypiatts, 15 Lansdown Road Cheltenham Glos GL50 2JA UK Tel: +44 1242 226934 Fax: +44 1242 262111 [email protected] www.e-elgar.com

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