﻿LEAVING aside the courageous efforts of people around Monthly Review and Science and Society there has, by and large, been hardly any Marxist tradition among American intellectuals. However, during the last few years the situation has considerably changed and there is now a growing interest in Marxism, particularly among the younger social scientists of America. The book under review falls within this trend.

Value and Capital

https://www.diw.de/documents/publikationen/73/diw_01.c.43372.de/dp501.pdf

"I think I can, I think I can": Overconfidence and entrepreneurial behavior

Heterodoxy serves as an umbrella term to cover the coming together of separate projects or traditions. In answering the question, ‘what distinguishes heterodoxy from the orthodoxy?’, the author argues that matters of ontology are central. In answering the question, ‘how are the various traditions that make up the modern heterodoxy to be distinguished from each other?’, the author defends criteria other than varying commitments to specific substantive theories, policy measures or techniques (or basic units) of analysis.

The nature of heterodox economics

The economics of happiness, or subjective well being, is an expanding field, with a growing number of applied papers reporting empirical associations between happiness and other variables. This paper takes a broad view of the topic, aiming to provide an outline of the literature in relation to happiness economics' origins, definitions, theory, methods, applications, critiques, relations with other areas of economic research, political and policy connections, and promising directions for future inquiry.

Happiness economics from 35,000 feet

The Preconceptions Of Economic Science

This article argues that economics is currently undergoing a fundamental shift in its method, away from neoclassical economics and into something new. Although that something new has not been fully developed, it is beginning to take form and is centered on dynamics, recursive methods and complexity theory. The foundation of this change is coming from economists who are doing cutting edge work and influencing mainstream economics. These economists are defining and laying the theoretical groundwork for the fundamental shift that is occurring in the economics profession.

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The changing face of mainstream economics

All that I have to say will already have crossed your mind

This second edition of an innovative undergraduate text offers an approach to understanding different economic systems that reflects both recent transformations in the world economy and recent changes in the field of Comparative Economic Systems. The traditional way of teaching comparative economics, with its reliance on relatively simple dichotomies (private vs. state, planning vs. market) does not take into consideration the many variants and mixtures of economic systems that exist in the real world. The Rossers' introduction in the first edition of the concept of the "new traditional economy"—the effort by a developing country to embed a modern economic system into a traditional culture, usually religious—presented a new way to look at developing economies. Their innovative examination of Iran and its effort to develop a "revolutionary Islamic economy" as an alternative to market capitalism illustrates the use of this new tool in comparative economics.

Comparative Economics in a Transforming World Economy, 2nd Edition

This article argues that economics is currently undergoing a fundamental shift in its method, away from neoclassical economics and into something new. Although that something new has not been fully developed, it is beginning to take form and is centered on dynamics, recursive methods and complexity theory. The foundation of this change is coming from economists who are doing cutting edge work and influencing mainstream economics. These economists are defining and laying the theoretical groundwork for the fundamental shift that is occurring in the economics profession. (This abstract was borrowed from another version of this item.)

Barkley Rosser

Papers

The changing face of mainstream economics

All that I have to say will already have crossed your mind

Comparative Economics in a Transforming World Economy, 2nd Edition

The Changing Face of Mainstream Economics