The ABCs of Political Economy - Second Edition: A Modern Approach

In the wake of the economic disasters of the past decade, perhaps we could all use a refresher course in economics to help us understand. The ABCs of Political Economy provides a lively and accessible introduction to modern political economy. In this compelling book, informed by the work of such eminent economic philosophers as Karl Marx, Thorstein Veblen, Michal Kalecki, Joan Robinson, and Hyman Minksy, Robin Hahnel provides the essential tools to comprehend today’s economic crises.             Hahnel explains the origins of the financial crisis of 2008, the ensuing “Great Recession,” and why government policies in Europe and North America over the past six years have failed to improve matters for the majority of their citizens. It also helps explain the economic causes of climate change and what will be required if it is to be resolved effectively and fairly. The ABCs of Political Economy is perfect for anyone who wants to equip themselves with the ability to grasp as well as challenge existing preconceptions of political economy.