Advancing the Frontiers of Heterodox Economics: Essays in Honor of Frederic S. Lee

edited by

Tae-Hee Jo and Zdravka Todorova

Routledge Advances in Heterodox Economics

ISBN: 978-0-415-73031-0 (hardback), 358 pages, $155. August 2015, Routledge. (20% Discount code: FLR40)

[Book details at the Routledge website] [Look inside]

This collection of essays honors the life and work of one of the most prominent and fervent heterodox economists, Frederic S. Lee, who has been at the heart of the heterodox economics movements for the past three decades. Authors in this book demonstrate that heterodox economic has transcended the criticism of mainstream economics and, more importantly, that constructive developments are in the making by way of cross-communications among various heterodox economics traditions.

Frederic S. Lee’s contributions to heterodox economics are centered on three themes: the making of a history and identity of heterodox economics, heterodox microeconomics, and the heterodox analysis of social provisioning. Part I addresses the importance of history, theory, research methods, and institutions in the making of the identity of heterodox economics as an alternative to mainstream economics. Part II delves into heterodox microeconomic theories—in particular, investment, pricing, competition, markets, and market governance—as foundations of heterodox macroeconomic analyses. Part III expands the analysis of the capitalist social provisioning process with an emphasis on its subsystems and their relationships over historical time. Part IV encapsulates the life and work of Frederic S. Lee.

Throughout his intellectual life Frederic S. Lee has shown to many that the development of heterodox economics is rendered possible by unselfish and ceaseless efforts to build both theory and institutions. Essays in this book attest that establishing an alternative critical theory to the status quo is not only possible but also serviceable to the majority of the population.


Contents

Foreword by Sheila C. Dow

Foreword by John F. Henry

Introduction: Frederic S. Lee’s contributions to heterodox economics
Tae-Hee Jo and Zdravka Todorova

Part I

Making History and Identity of Heterodox Economics by Developing Theory and Institutions

  1. Heterodox economics and the history of economic thought
    Carlo D’lppoliti and Alessandro Roncaglia
  2. The Association for Heterodox Economics: past, present, and future
    Andrew Mearman and Bruce Philp
  3. Heterodox economics, distribution and the class struggle
    Bruce Philp and Andrew Trigg
  4. Qualitative data and grounded theory in heterodox economic research: insights from three Australian studies
    Therese Jefferson

Part II

Heterodox Microeconomics and the Foundations of Heterodox Macroeconomics

  1. Heterodox microeconomics and heterodox microfoundations
    Tae-Hee Jo
  2. Beyond foundations: systemism in economic thinking
    Jakob Kapeller
  3. Post Keynesian investment and pricing theory: contributions of Alfred S. Eichner and Frederic S. Lee
    Ruslan Dzarasov
  4. Effects of competition upon profit margins from a Post Keynesian perspective
    Jordan Melmiès
  5. Inter- and intra-firm governance in heterodox microeconomics: the case of the US software industry
    Erik Dean
  6. Analyzing actually-existing markets
    Lynne Chester

Part III

Advancing the Heterodox Analysis of Social Provisioning

  1. Advancing heterodox economics in the tradition of the surplus approach
    Nuno Martins
  2. Consumption in the context of social provisioning and capitalism: beyond consumer choice and aggregates
    Zdravka Todorova
  3. Social provisioning process, market instability, and managed competition
    Tuna Baskoy
  4. The embedded state and social provisioning: insights from Norbert Elias
    Bruno Tinel
  5. Analogies we suffer by: the case of the state as a household
    Huáscar Pessali, Fabiano Dalto, and Ramón García Fernández
  6. Technological-institutional foundations of the social economy: a framework for the analysis of change in the social provisioning process
    Henning Shwardt

Part IV

The Heterodox Economics of Frederic S. Lee

  1. Predestined to heterodoxy or how I became a heterodox economist
    Frederic S. Lee
  2. Frederic Sterling Lee (1949-2014)
    John E. King
  3. In memoriam: Frederic S. Lee, 1949-2014
    Jan A. Kregel and L. Randall Wray
  4. The Bibliography of Frederic S. Lee’s Writings
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Dr. Tae-Hee Jo

Economics and Finance Department
SUNY Buffalo State
1300 Elmwood Ave.
Buffalo, NY 14222
USA

o: Classroom Building B333
t: 716-878-3374
e: taeheejo [at] gmail.com
e: joth [at] buffalostate.edu

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