By Philip Arestis
It is a completely up to date re-creation of the 1st, and definitive, biographical dictionary of dissenting economists. it truly is an intensive and authoritative advisor to economists either prior and current, delivering biographical, bibliographical and important info on over a hundred economists operating within the non-neoclassical traditions greatly outlined. It comprises entries on, between others, radical economists, Marxists, post-Keynesians, behaviorists, Kaleckians and institutionalists. The e-book demonstrates the level and richness of the novel heterodox culture in economics.
This moment version maintains to mark a departure from what's frequently present in a biographical dictionary for, as well as delivering ordinary biographical info, dwelling economists have themselves been requested to nation their significant contributions to economics, supplemented by way of an inventory in their prime books and articles.
A Biographical Dictionary of Dissenting Economists, moment version will stay a vital reference resource for teachers, researchers and scholars of economics, its improvement and historical past
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Additional resources for A Biographical Dictionary of Dissenting Economists Second Edition
By the end of the 1920s Ayres had returned to teaching, this time in economics. In 1930 he accepted a position in the Department of Economics at the University of Texas, where he remained until his retirement. When Ayres assumed the role of academic economist he did so with a commitment to define ‘institutional economics’ more accurately and to develop the concept further. The name came from Walton Hamilton; the ideas which Ayres elaborated and espoused were originally developed by Veblen. Basic was the idea that all economies are systems made up of patterns of culturally specific human behaviour – of institutions.
In the process I also disputed the proposition that sharecropping could lead to the efficient allocation of resources, in the presence of unemployment. This led to a fullblown critique of neoclassical explanations of sharecropping in rural areas of underdeveloped economies (1976). Amiya Kumar BAGCHI 25 I had already been led to enquire into the system of unequal interdependence generated by capitalist colonialism. One immediate result was my demonstration that both Lenin and Rosa Luxemburg could be right about the nature of colonialism and imperialism in the period leading up to the First World War.
Her death at the age of thirty in complications arising from childbirth bewildered me by its injustice, and left me with a lifelong anger at the treatment most societies meted out to women. When I left school, I had hoped to take up science as a career. But a transitional year spent at a Hindu missionary college, whose authorities were glad to see me leave at the end of the first year of a two-year course, turned me towards atheism, Marxism and economics. In some ways, I was fated to dissent from an intolerably unjust status quo, even before I began training to be an economist.