Contemporary Issues in Heterodox Economics

This volume explores how heterodox economics can address major global challenges, offering insights into income inequality, environmental issues, and economic crises while advocating for a pluralist approach in economic theory and policy.

Contemporary Issues in Heterodox Economics: Implications for Theory and Policy Action explores the potential of heterodox economics to address significant global challenges. The book argues that this approach provides a more comprehensive understanding of economic realities compared to orthodox economics. By highlighting the limitations of mainstream economic theories, the authors advocate for a pluralist perspective that can better inform policy decisions in response to pressing crises.

The chapters cover a variety of critical topics, including income and wealth inequality, environmental degradation, employment challenges, and the recurring nature of economic and financial crises. The contributors examine innovative policy solutions, such as modern monetary theory and models of public ownership, while emphasizing the need to rethink traditional growth concepts. Their analysis underscores the importance of adapting economic frameworks to meet the demands of the twenty-first century.

This book serves as a valuable resource for students and scholars in the social sciences who seek alternatives to conventional economic thought. By presenting diverse viewpoints and encouraging a broader dialogue, Contemporary Issues in Heterodox Economics aims to enrich the understanding of economic dynamics and foster more effective policy responses to the complex issues facing today's world.