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9780472067237

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An important work, a milestone on the long and difficult road toward the development of an adequate theory of the dynamics of the world social system....

Presents a powerful systemic paradigm for understanding economic issues and policies. It is rich in positive and normative content that will inspire students and teachers alike. . . . Professor Solo takes the reader beyond the prevailing understanding of neoclassical, Keynesian, and other schools of economics. Well organized, clearly written, and comprehensive, the book offers important insights for economists and noneconomists alike. Based on a broad, holistic, interdisciplinary approach to knowledge, the book sheds important new light on the relationship of economic theory to policy and on the practical and moral choices that individuals and organizations have to make if they would improve society. . . . It belongs on the essential reading list for socioeconomic and other interdisciplinary approaches to economic theory and policy. I recommend it to anyone seeking greater clarity about economic issues. It should be widely read and taught. --Robert Ashford, Syracuse University -- (11/12/1999) This is an important work, a milestone on the long and difficult road toward the development of an adequate theory of the dynamics of the world social system. . . . --Kenneth Boulding -- (11/12/1999)

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Robert A. Solo is Professor Emeritus of Economics, Michigan State University.

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