What Should I Read?

Posted On By jmc

What Should I Read?

February 25, 2014

James McMahon

Over at Heterodox Microeconomics Research Network they have a thorough list of academic publications that are relevant to heterodox theories of capitalism. The list covers the following subjects:

  1. History and Methodology of Heterodox Microeconomics
  2. Critiques of Mainstream Microeconomics
  3. Principles of Heterodox Microeconomic Theory
  4. Theory of the Business Enterprise
  5. Structure of Production and Costs of the Business Enterprise
  6. Costing, Pricing, and Prices
  7. Investment, Finance, and Employment
  8. Households, Consumption, and Market Demand
  9. Industry and Market
  10. Competition
  11. Corporate Governance, Market Governance, and Market Regulation
  12. Social Welfare
  13. Heterodox Microfoundations and Modeling the Economy

The syllabi for Jonathan Nitzan’s courses at York University, Toronto are also useful.

Have your own suggestions? Curious if anyone else is reading good political economy? Over in the forum, we have a thread for that.

Are your eyes sore from reading to much academic work? Looking for a good novel? We have a thread for that as well.

3 thoughts on “What Should I Read?”

  1. Some excellent heterodox economic theory has been developed within the anarchist/left-libertarian tradition since the late 90s and 2000s.
    First of note is Takis Fotopoulos’ work with his International Journal of Inclusive Democracy; with all his economic, political, and philosophical ideas summed up in the book Towards an Inclusive Democracy.
    Second in the revival of the market anarchist tradition attempted by Kevin Carson in his three main theoretical works, Studies in Mutualist Political Economy, Organisation Theory: A Libertarian Perspective, and Homebrew Industrial Revolution.
    Fotopoulos and Carson both offer a similar but contrasting history of capitalism from an anarchist perspective. Fotopoulos focuses more on the autonomous nature of the market economy itself, while Carson focuses more on the state as a primary creator of economic relations, but read together I find they fill each other out and complement each other’s visions.
    Lastly is the work of Robin Hahnel, who’s Economic Justice and Dmocracy and Green Economics aims at a sort of synthesis

  2. (Continued) … of post-Keynesian, institutional economics with the libertarian socialist tradition.
    Of particular note is his elaboration of the relationship of wage-labour coming about as a result of the disparity of bargaining power between labour and capital.

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