Description
This work provides over 100 entries on radical political economy. It discusses post-Keynesian, Kaleckian, Marxian, Institutionalist, Sraffian and other approaches, explaining the radical element in each. Radical political economy encompasses different schools of thought which share the common theme of production rather than the exchange focus of neo-classical and Austrian economics. It concerns the generation and use of the surplus which lead to an interest in dynamics, income distribution, growth and development. Underlining this interest, the fundamental determinant of these aspects is capital accumulation. International in coverage, this work includes contributions from a wide range of specialists. It should be useful to scholars and students with an interest in the development of economic ideas.
