The Real Economy: History and Theory

Synopsis

A provocative new theory of &“the economy,&” its history, and its politics that better unites history and economics What is the economy, really? Is it a &“market sector,&” a &“general equilibrium,&” or the &“gross domestic product&”? Economics today has become so preoccupied with methods that economists risk losing sight of the economy itself. Meanwhile, other disciplines, although often intent on criticizing the methods of economics, have failed to articulate an alternative vision of the economy. Before the ascent of postwar neoclassical economics, fierce debates raged, as many different visions of the economy circulated and competed with one another. In The Real Economy, Jonathan Levy returns to the spirit of this earlier era, which, in all its contentiousness, gave birth to the discipline of economics.Drawing inspiration particularly from Thorstein Veblen and John Maynard Keynes, Levy proposes a theory of the economy that is open to rich empirical and historical scrutiny, covering topics that include the emergence of capitalism, the notion of radical uncertainty, the meaning of demand, the primal desire for money, the history of corporations, and contemporary globalization. Writing for anyone interested in the study of the economy, Levy provides an invaluable provocation for a broader debate in the social sciences and humanities concerning what &“the economy&” is.

Copyright:

2025

Book Details

Book Quality:

Publisher Quality

Book Size:

320 Pages

ISBN-13:

9780691252575

Related ISBNs:

9780691252568, 9780691252551

Publisher:

Princeton University Press

Date of Addition:

02/25/25

Copyrighted By:

Jonathan Levy

Adult content:

No

Language:

English

Has Image Descriptions:

No

Categories:

History, Nonfiction, Business and Finance, Politics and Government

Submitted By:

Bookshare Staff

Usage Restrictions:

This is a copyrighted book.