The ABCs of Political Economy : A Modern Approach

The ABCs of Political Economy is an accessible introduction to modern political economy. While informed by the work of Marx, Keynes, Veblen, Kalecki and other great political economists, Robin Hahnel teaches the reader the essential tools necessary to understand economic issues today from a modern perspective, searching for ways to replace the economics of competition and greed with the economics of equitable co-operation. The ABCs of Political Economy empowers people who are dissatisfied with today's economies but are often intimidated by conventional economic analysis. No previous economics background is assumed, and everything is explained in verbal form in eight core chapters. Examining the nature of today's economic market, issues of economic justice, macroeconomics and globalization, Robin Hahnel provides an ideal introduction to key economic ideas, offering a critical perspective on our present system and outlining clear alternatives for the future. The ABCs of Political Economy is an accessible introduction to modern political economy. While informed by the work of Marx, Keynes, Veblen, Kalecki and other great political economists, "ABCs" teaches readers the essential tools necessary to understand economic issues today from a modern perspective. The ABCs of Political Economy empowers people who are dissatisfied with today's economies but are often intimidated by conventional economic analysis. No previous economics background is assumed, and everything is explained in clear language in eight core chapters. Examining the nature of today's economic market, issues of economic justice, macroeconomics and globalization, Robin Hahnel provides an ideal introduction to key economic ideas, offering a critical perspective on our present system and outlining clear alternatives for the future. Economics And Liberating Theory -- What Should We Demand From Our Economy? -- A Simple Corn Model -- Markets -- Micro Economics Models -- Macro Economics -- Money, Banks And Finance -- International Economics. Robin Hahnel. Includes Bibliographical References And Index. Unlike mainstream economists, political economists have always tried to situate the study of economics within the broader project of understanding how society functions.

'Lucidly written, comprehensive in coverage, based on expert understanding and insight.' Noam Chomsky

A second, updated edition of this accessible and myth-dispelling introduction to our current economic system