Category Archives: Economics

The Methodology of Polanyi’s Great Transformation

Polanyi’s book on The Great Transformation provides an analysis of the emergence and significance of capitalist economic structures which differs radically from those currently universally taught in economic textbooks. This analysis is based on a methodological approach which is also … Continue reading

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From Political Economy to Economics – Method, the social and the historical in the evolution of economic theory

In a new major work of critical recollection, Dimitris Milonakis and Ben Fine show how economics was once rich, diverse, multidimensional and pluralistic. The book details how political economy became economics through the desocialisation and dehistoricisation of the dismal science, … Continue reading

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Economics for Human Rights

The Subprime Crash that started capitalism’s latest crisis was mainly a proxy for an inexistent housing policy which would benefit many impoverished middle class families. Housing being clearly recognized as a human right, the behaviour of markets and its critical … Continue reading

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