{"product_id":"9781118869406","title":"Social Costs of Markets and Economic Theory","description":"\u003ch3\u003eAJES - Studies in Economic Reform and Social Justice\u003c\/h3\u003e\u003ch1\u003eSocial Costs of Markets and Economic Theory\u003c\/h1\u003e\u003ch3\u003eFrederic S. Lee\u003c\/h3\u003e\u003cdiv\u003e\u003cb\u003ePolitical Science \/ Public Policy \/ Economic Policy\u003c\/b\u003e\u003c\/div\u003e\u003cbr\u003e\u003cdiv\u003e\u003cp\u003eThis book deals with the social costs of markets from a heterodox perspective. It deals with the degrading of work, decline of community, and rising income inequality in the United States as markets and especially financial markets come to dominate society. Of course, if there is an attempt to point out the social costs of markets, the response of mainstream economists is to silence the critics or even in Orwellian fashion redefine their critiques so as to eliminate any negative comments about markets. While critique is necessary, there also needs to be a constructive agenda, that is, the developing of an alternative, heterodox economic theory. So overall the book presents a critique of the social costs markets and the beginning of a heterodox economic theory of how the capitalist market system actually works.\u003c\/p\u003e\u003c\/div\u003e\u003cdiv\u003e \u003cb\u003eFrederic S. Lee\u003c\/b\u003e is a Professor of Economics at the University of Missouri-Kansas City. He has published extensively on heterodox microeconomics, on the history of heterodox economics. He was the editor of the \u003ci\u003eHeterodox Economics Newsletter\u003c\/i\u003e and the executive director of ICAPE. He is currently the editor of the \u003ci\u003eAmerican Journal of Economics and Sociology\u003c\/i\u003e. He has published in numerous heterodox journals including the \u003ci\u003eCambridge Journal of Economics, Journal of Post Keynesian Economics, Review of Radical Political Economics, Review of Social Economy, \u003c\/i\u003eand\u003ci\u003e the Journal of Economic Issues.\u003c\/i\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003ctable\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublication Date: \u003c\/td\u003e\n\u003ctd\u003e07 January 2014\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublisher: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eImprint: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eISBN-13: \u003c\/td\u003e\n\u003ctd\u003e9781118869406\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFormat: \u003c\/td\u003e\n\u003ctd\u003ePaperback \/ softback\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePage Count: \u003c\/td\u003e\n\u003ctd\u003e323\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eWeight (oz): \u003c\/td\u003e\n\u003ctd\u003e11.2\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":44379955036300,"sku":"9781118869406","price":49.46,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9781118869406.jpg?v=1780236607","url":"https:\/\/lateknightbooks.com\/products\/9781118869406","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}