Milton Friedman, Capitalism and Freedom (1962) Karl Marx and Friedrich Engels, The Communist Manifesto (1848)įriedrich List, The National System of Political Economy (1841)įriedrich Hayek, The Road to Serfdom (1944) Coverage of key emerging debates including climate change, the financial crisis, inequality, the digital platform economy, and COVID-19Īdam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations (1776).Fully updated introductions to the book and each thematic chapter of readings.Hobsbawm, Dani Rodrik, Amartya Sen, Thomas Piketty, and Mariana Mazzucato among many others. More than 20 new readings included by such notables as Elinor Ostrom, E.For political economy courses at a variety of levels and from a range of disciplines, the reader is also of interest to scholars and citizens wanting perspective on the intersection of economics, politics, and society. And it engages some of the most topical debates in political economy today, such as climate change, the global financial crisis, inequality, the digital platform economy, and the COVID-19 pandemic. It includes some of the most important classical and contemporary theoretical perspectives on political economy. The reader embraces a truly interdisciplinary approach to the study of political economy, with extensive coverage from sociology, economics, history and political science. This perspective offers a compelling alternative to the market-liberal view, which advocates freer markets and less government intervention in the economy, as if states and markets were naturally at odds with each other. The Political Economy Reader advocates a particular approach to the study of political economy – the "market-institutional" perspective – which emphasizes the ways in which markets are embedded in political and social institutions. For both formats the functionality available will depend on how you access the ebook (via Bookshelf Online in your browser or via the Bookshelf app on your PC or mobile device).
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