Heterodox Challenges in Economics

Theoretical Issues and the Crisis of the Eurozone

Authors: Cesaratto, Sergio

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  • Introduces readers to the basics of heterodox and orthodox approaches in economics
  • Explains the problematic aspects of the European Monetary Union (EMU) from the standpoint of alternative economic theories
  • Highlights the conservative nature of the EMU and the economic and political difficulties of reforming it
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  • ISBN 978-3-030-54448-5
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About this book

This book discloses the economic foundations of European fiscal and monetary policies by introducing readers to an array of alternative approaches in economics. It presents various heterodox theories put forward by classical economists, Marx, Sraffa and Keynes, as a coherent challenge to neo-classical theory. The book underscores and critically assesses the analytical inconsistencies of European economic policy and the conservative nature of the current European governance. In this light, it examines the political obstacles to proposals to reform the European monetary union, as well as those originating in the neo-mercantilist German model. Given its scope and format, the book offers a valuable asset for researchers and members of the general public alike.



About the authors

Sergio Cesaratto is a Professor of European Monetary and Fiscal Policy at the University of Siena, Italy. He has published articles in many heterodox journals, and is a well-known participant in the European public debate over the Eurozone. His research interests include the history of economic thought, growth and income distribution, as well as monetary economics.

Table of contents (7 chapters)

Table of contents (7 chapters)
  • Economics: A Political and Mathematical Discipline

    Pages 1-12

    Cesaratto, Sergio

  • The Surplus Approach

    Pages 13-58

    Cesaratto, Sergio

  • Marginal Economics

    Pages 59-93

    Cesaratto, Sergio

  • The Incomplete Revolution

    Pages 95-122

    Cesaratto, Sergio

  • Money and the External Constraint

    Pages 123-159

    Cesaratto, Sergio

Buy this book

eBook $19.99
price for USA in USD
  • ISBN 978-3-030-54448-5
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase Institutional customers should get in touch with their account manager
Softcover $29.99
price for USA in USD
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Bibliographic Information

Bibliographic Information
Book Title
Heterodox Challenges in Economics
Book Subtitle
Theoretical Issues and the Crisis of the Eurozone
Authors
Copyright
2020
Publisher
Springer International Publishing
Copyright Holder
Springer Nature Switzerland AG
eBook ISBN
978-3-030-54448-5
DOI
10.1007/978-3-030-54448-5
Softcover ISBN
978-3-030-54447-8
Edition Number
1
Number of Pages
XVI, 277
Number of Illustrations
10 b/w illustrations, 7 illustrations in colour
Topics