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Contents: 1. Introduction -- 2. 'Red Vienna' and the roots of Austro-marxism -- 3. The young Rudolf Hilferding -- 4. Otto Bauer 1904-1914 -- 5. The economics of socialism -- 6. Otto Bauer 1917-1938 -- 7. Other voices -- 8. The heirs. I: Josef Steindl -- 9. The heirs. Ii: Kurt Rothschild -- 10. What is left -- Bibliography -- Index.

This book offers a new account of David Ricardo's political economy that is both scholarly and accessible. It provides a detailed overview of the secondary literature on Ricardo down to 2012, and discusses alternative perspectives on his work, including those of Marxians, neoclassicals and Sraffians

In this challenging book, John King makes a sustained and comprehensive attack on the dogma that macroeconomic theory must have 'rigorous microfoundations'. He draws on both the philosophy of science and the history of economic thought to demonstrate the dangers of foundational metaphors and the defects of micro-reduction as a methodological principle. Strong criticism of the microfoundations dogma is documented in great detail, from some mainstream and many heterodox economists and also from economic methodologists, social theorists and evolutionary biologists. The author argues for the relative autonomy of macroeconomics as a distinct 'special science', cooperating with but most definitely not reducible to microeconomics. The Microfoundations Delusion will prove a stimulating and thought-provoking read for scholars, students and researchers in the fields of economics, heterodox economics and history of economic thought.

1. Agency / Edward J. McKenna and Diane C. Zannoni -- 2. Australia / J.E. King -- 3. Austrian school of economics / Stephen D. Parsons -- 4. Babylonian mode of thought / Sheila C. Dow -- 5. Balance-of-payments-constrained economic growth / John S.L. McCombie -- 6. Banking / Gillian Hewitson -- 7. Bastard Keynesianism / John Lodewijks -- 8. Behavioural economics / Therese Jefferson and J.E. King -- 9. Brazil / Luiz Fernando de Paula and Fernando Ferrari-Filho -- 10. Bretton Woods / Matías Vernengo -- 11. Budget deficits / Joëlle Leclaire -- 12. Business cycles / Peter Skott -- 13. Cambridge economic tradition / G.C. Harcourt -- 14. Capital theory / Ben Fine -- 15. Central banks / Fernando J. Cardim de Carvalho -- 16. Chartalism / Sergio Rossi -- 17. Choice under uncertainty / Victoria Chick and Sheila C. Dow -- 18. Circuit theory / Riccardo Realfonzo -- 19. Competition / Nina Shapiro -- 20. Consumer debt / Robert H. Scott, III -- 21. Consumer theory / Marc Lavoie -- 22. Consumption / David Bunting -- 23. Conventions / David Dequech -- 24. Credit rationing / Martin H. Wolfson -- 25. Critical realism / Andrew Brown -- 26. Development finance / Rogério Studart -- 27. Econometrics / Paul Downward -- 28. Economic development / Stephanie Blankenburg and Gabriel Palma -- 29. Economic policy / Malcolm Sawyer -- 30. Effective demand / Mark Setterfield -- 31. Efficient markets hypothesis / Mark Hayes -- 32. Employer of last resort / Pavlina R. Tcherneva -- 33. Employment / Engelbert Stockhammer -- 34. Environmental economics / Adrian Winnett -- 35. Environmental policy / Neil Perry -- 36. Equilibrium and non-equilibrium / Donald W. Katzner -- 37. Exchange rates / John T. Harvey -- 38. Expectations / Éric Tymoigne -- 39. Export-led growth / Arslan Razmi -- 40. Financial instability hypothesis / Louis-Philippe Rochon -- 41. Financial markets / Jörg Bibow -- 42. Financial reform / Aldo Barba -- 43. Financialization / Till Van Treeck -- 44. Fiscal policy / J.W. Nevile -- 45. Full employment / William Mitchell and Martin Watts -- 46. Fundamentalist Keynesians / Bill Gerrard -- 47. Galbraith's economics / Stephen P. Dunn -- 48. Gender / Colin Danby -- 49. Germany and Austria / Torsten Niechoj -- 50. Global financial crisis / Stephanie Blankenburg -- 51. Growth and income distribution / Carlo Panico -- 52. Growth theory / Steve Keen -- 53. Households / Zdravka Todorova -- 54. Income distribution / Thomas I. Palley -- 55. Inflation / John Smithin -- 56. Innovation / Jerry Courvisanos -- 57. Institutionalism / Steven Pressman -- 58. International economics / Robert A. Blecker -- 59. International financial reform / Leanne Ussher -- 60. Investment / Tracy Mott -- 61. Italy / Andrea Pacella and Guido Tortorella Esposito -- 62. Japan / Toichiro Asada -- 63. Joan Robinson's economics / Maria Cristina Marcuzzo -- 64. Journal of post Keynesian economics / Phillip Anthony O'Hara -- 65. Kaldorian economics / A.P. Thirlwall -- 66. Kaleckian economics / Jan Toporowski -- 67. Keynes's general theory / Paul Davidson -- 68. Keynes's treatise on money / Giuseppe Fontana -- 69. Keynes's treatise on probability / Rod O'Donnell -- 70. Latin American structuralism / Gerardo Fujii -- 71. Liquidity preference / Stephanie Kelton (née Bell) -- 72. Macroeconomic methodology / Jesper Jespersen -- 73. Marginalism / Harry Bloch -- 74. Market governance / Tuna Baskoy -- 75. Microfoundations / Steven Fazzari -- 76. Monetary policy / Peter Howells -- 77. Money / L. Randall Wray -- 78. Money manager capitalism / Yeva Nersisyan -- 79. Multiplier / Andrew B. Trigg -- 80. New classical economics / Alessandro Vercelli -- 81. New Keynesian economics / Wendy Cornwall -- 82. New neoclassical synthesis / Sebastian Dullien -- 83. Non-ergodicity / Stephen P. Dunn -- 84. Open systems / Andrew Mearman -- 85. Pluralism in economics / Rob Garnett -- 86. Price rigidity / Jordan Melmiès -- 87. Prices and pricing / Gyun Cheol Gu and Frederic S. Lee -- 88. Production / Amitava Krishna Dutt -- 89. Profits / Elizabeth Webster -- 90. Rate of interest / Massimo Pivetti -- 91. Regional monetary policy / Carlos J. Rodríguez-Fuentes -- 92. Saving / Robert Pollin -- 93. Say's law / Claudio Sardoni -- 94. Socialism / Howard J. Sherman -- 95. Sraffian economics / Gary Mongiovi -- 96. Stagflation / Mark Setterfield and John Cornwall -- 97. Stock-flow consistent modelling / Tarik Mouakil -- 98. Sustainable development / Jerry Courvisanos -- 99. Technology and innovation / Amaia Altuzarra -- 100. Time in economic theory / John F. Henry -- 101. Time-series econometrics / Flavia Dantas -- 102. Tobin tax / Philip Arestis -- 103. Transition economies / Christine Rider -- 104. Traverse / Peter Kriesler -- 105. Uncertainty / Murray Glickman -- 106. Underconsumption / J.E. King -- 107. Unemployment / Mathew Forstater -- 108. University of Missouri--Kansas City / Frederic S. Lee -- 109. Wage deflation / Jan Priewe -- 110. Wage- and profit-led regimes / Eckhard Hein -- 111. Walrasian economics / M.C. Howard -- 112. Welfare economics / Tae-Hee Jo.