Introduction to Political Economy: Marx, Veblen, Galbraith, Keynes, and the Political Economy View, 2nd ed.

Most economics programs no longer require the study of the history of economic thought or the philosophical foundations of diverse schools of economics. Introduction to Political Economy brings those ideas back into the economics curriculum. This second edition covers the works of four of the most influential economists of modern times – Marx, Veblen, Keynes, and Galbraith – who are simply ignored in most graduate and undergraduate economics courses. The authors examine such concepts as social class, misleading mainstream assumptions about human behavior, psychological and other dimensions of human behavior, and the key role of government in taming capitalist economies. The authors also consider the Swedish model as a "middle way" between capitalism and socialism.