Introduction to Political Economy, 3rd ed.

Written by professors at Bucknell University, Introduction to Political Economy covers the work of four of the most influential economists of modern times -– Marx, Veblen, Keynes, and Galbraith -– who are largely ignored in most economics courses. The authors present these thinkers’ central ideas, including their writings on social class, the role of government in taming capitalist economies, and the misleading assumptions about human behavior in mainstream models. They conclude by presenting classic critiques of monopoly capitalism, and examining the Swedish "middle way" between capitalism and socialism.