Introducing a New Economics: Pluralist, Sustainable and Progressive
by Jack Reardon (Author), Molly Scott Cato  (Author), Maria Alejandra Caporale Madi  (Author)

About the Author
Jack Reardon teaches economics at the School of Business at Hamline University in Minnesota. He is the founding editor of the International Journal of Pluralism and Economics Education and author of The Handbook of Pluralist Economics Education. Maria Alejandra Caporale Madi is professor emerita at the Instituto de Economia, UNICAMP, Brazil. Molly Scott Cato is an academic, environmental and community activist, and green econo-mist. She is the current Member of the European Parliament for the South West England and the author of The Bioregional Economy: Land, Liberty and the Pursuit of Happiness.

About this book
Students and lecturers worldwide increasingly reject the narrow curricula and lack of intellectual diversity that characterize mainstream economics. They demand that the real world should be brought back into the classroom in order to most effectively confront current crises. Introducing a New Economics is a groundbreaking textbook that heralds this revolution in the teaching of economics. With a firm commitment to theoretical, methodological, and disciplinary pluralism, the authors challenge the institutional education hegemony head on. This unique textbook reflects a new ethos of economics teaching that highlights sustainability and justice through its discussion of work, employment, power, capital, markets, money, and debt. A progressive work, it will set the standard for the growing heterodox economics movement for years to come.

Brief contents
1. Introducing Economics with a Judicious Mix of Pluralism, Sustainability and Justice 1
2. Knowledge and the Construction of Economic Models 23
3. Sustainability, Resources and the Environment 40
4. Power and the Distribution of Resources 59
5. Inequality, Poverty and Disempowerment 73
6. Livelihoods and Work 92
7. Unemployment and Employment 118
8. Money 139
9. Economic Value 153
10. Firms, Industries and Markets 167
11. Economic Democracy 184
12. Economic Governance 199
13. Consumption, Investment and Savings 228
14. Recessions and Financial Crises 250
15. Justice, Political Economy, Global Development and Governance 271
16. Trade, Exchange Rates and the Balance of Payments 295
17. Contemporary Global Economic and Financial Trends 317
18. Which Way Forward? 329
18.1 Students Challenging their Professors 329
Bibliography 337
Subject Index 355
Author Index 363

Pages: 388 pages
Publisher: Pluto Press (January 15, 2018)
Language: English
ISBN-10: 0745334881
ISBN-13: 978-0745334882