Two books which I haven’t read, yet.
Two books which I haven’t read (yet). Reviews welcome.
Piet Keizer (full disclosure: former teacher of mine):
Multidisciplinary Economics. A methodological account.
Part I: Science, Social Science, Economics
2: The Character of Science
3: Genesis and Development of Economics and Sociology
Part II: Orthodox Economics
4: Orthodox Microeconomics
5: Orthodox Macroeconomics
Part III: Heterodox Economics
6: Evolution and Entrepreneurship, an Evolutionary and an Austrian View
7: Radical Economics
8: Post-Keynesian Economics
9: Social Economics
Part IV: Psychology for Economists
10: Psychology for Economists
Part V: Sociology for Economists
11: Macro and Micro Approaches in Sociology
12: The Historical Approach in Sociology
13: Multidisciplinary Sociology and The Social World
Part VI: Towards an Integration of the Three worlds
14: Integration of the Three Worlds
15: Applications of the Multi-motivational Framework of Interpretation
Part VII: Conclusions
A. The Logical World
B. Kant for Economists
C. Jung for Economists
D. Adam Smith as the Founding Father of Multidisciplinary Economics
And William Mitchell,
Eurozone Dystopia traces the origin of the Eurozone and shows how the historical Franco-German rivalry combined with the growing dominance of neo-liberal economic thinking to create a monetary system that was deeply flawed and destined to fail. William Mitchell argues that the political class in Europe is trapped in a destructive groupthink. Based on a flawed understanding of macroeconomic fundamentals, groupthink extols the virtues of the erroneous concept of the self-regulating free market and prevents Europe from seeing its own policy failures. As a result, millions are unemployed, with imperilled member states caught in a cycle of persistent stagnation and rising social instability.
Providing a detailed historical analysis of the evolution of the Eurozone and its failings from the 1940s to the present day, the book argues that the Eurozone lacks the necessary monetary architecture, particularly the existence of a federal fiscal function which could have resolved the economic crisis quickly. The author examines the options available to Europe and concludes that an orderly abandonment of the euro and a return to national currencies is the superior option available. The justification for this conclusion is exhaustively argued within a Modern Monetary Theory framework.
This thoughtful and accessible account of Europe’s economic woes will appeal to all those who are seeking an explanation for the crisis and are receptive to sensible and credible alternatives to the current scenario.