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9781032212302

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That economics desperately needs a new paradigm is finally recognized throughout the world in and out of academia. Neoclassical economists had nothing useful to say about the devastating financial crisis, the immense challenges of globalization, an inordinate level of inequality, the threat of ecological catastrophes, and the rise of right-wing anti-democratic populism. Thus, it should be evident to everybody that the neoliberal dogma has brought the world to a watershed moment. Beker's masterful new book on real-world economics sheds light on how to reorient our thinking to avoid further disasters, shed neoliberal dogma, and become masters of our fate. John Komlos, Professor Emeritus, University of Munich, author of Foundations of Real-World Economics Economics needs to analyse the major issues ranging from environmental degradation and the climate emergency, poverty and inequality, food security and financial crises, and aid policy development addressing these issues. This book challenges economists to broaden the scope of their discipline by restoring economic analysis as a social science through interdisciplinarity and study of history and institutional environment to . It shows how a pluralist approach to education, drawing on the many alternative schools of thought within economics and political economy, would enrich the understanding of economic phenomena. Malcolm Sawyer

That economics desperately needs a new paradigm is finally recognized throughout the world in and out of academia. Neoclassical economists had nothing useful to say about the devastating financial crisis, the immense challenges of globalization, an inordinate level of inequality, the threat of ecological catastrophes, and the rise of right-wing anti-democratic populism. Thus, it should be evident to everybody that the neoliberal dogma has brought the world to a watershed moment. Beker's masterful new book on real-world economics sheds light on how to reorient our thinking to avoid further disasters, shed neoliberal dogma, and become masters of our fate. John Komlos, Professor Emeritus, University of Munich, author of Foundations of Real-World Economics Economics needs to analyse the major issues ranging from environmental degradation and the climate emergency, poverty and inequality, food security and financial crises, and aid policy development addressing these issues. This book challenges economists to broaden the scope of their discipline by restoring economic analysis as a social science through interdisciplinarity and study of history and institutional environment to . It shows how a pluralist approach to education, drawing on the many alternative schools of thought within economics and political economy, would enrich the understanding of economic phenomena. Malcolm Sawyer, Emeritus Professor of Economics, University of Leeds, UK

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Victor A. Beker is Professor of Economics at the University of Belgrano and the University of Buenos Aires, both in Argentina. He has been Director of the Economics Department at the University of Belgrano and of the Economics Programme at the University of Buenos Aires, and has been awarded several prizes for his works in economics. A former Associate Editor of the Journal of Economic Behaviour and Organization, he is also author of several economics books and papers.

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