Introduction to Political Economy 5th edition
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Few economics programs today offer students the opportunity to study the history of economic thought or the philosophical foundations of diverse schools of economics. Introduction to Political Economy reintroduces these ideas into the curriculum by presenting the work of the most influential economists of modern times--Marx, Veblen, Keynes, Galbraith, and Adam Smith.
Introduction to Political Economy covers these thinkers' central ideas, including their writings on social class, the role of government in taming capitalist economies, and misleading assumptions about human behavior in mainstream models. It concludes by presenting classic critiques of monopoly capitalism, examining the Swedish "middle way" between capitalism and socialism, and, in a new chapter, discusses the history and importance of the Mondragon Cooperative Corporation in Spain's Basque Country--the world's largest cooperative enterprise.
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