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Cover -- Title -- Table of Contents -- List of Figures -- List of Tables -- Preface -- 1 How Dreadful Life Used to Be -- 2 Making and Taking -- 3 Taste, Technology, and Markets -- 4 Putting Demand and Supply Curves to Work -- 5 Taste -- 6 Technology -- 7 Associations -- 8 The Common Good -- 9 Voting -- 10 Administration -- 11 Law -- The Four Pillars -- Notes -- Author Index.

In several academic disciplines as well as in many concrete political situations, our attention has been drawn to the cultural dimensions of the economy, the economic aspects of culture, and the political character of both. This book argues for the importance of a new conceptual category and analytic approach cultural political economy

In several academic disciplines as well as in many concrete political situations, our attention has been drawn to the cultural dimensions of the economy, the economic aspects of culture, and the political character of both. This book argues for the importance of a new conceptual category and analytic approach cultural political economy.

Four paradigms -- The state : four paradigmatic views -- Justice : four paradigmatic views -- Freedom : four paradigmatic views -- Democracy : four paradigmatic views -- Liberal democracy : four paradigmatic views -- Media : four paradigmatic views -- The great recession : four paradigmatic views -- Conclusion.

Volume 18 Entangled Political Economy of the Book Series Advances in Austrian Economics examines the concept 'entangled political economy' from several distinct but complementary points of view. The volume is proof that Wagner's notion of entanglement opens new vistas for political economy in all its dimensions.

"In Tocqueville's Political Economy, Richard Swedburg shows that Alexis de Tocqueville had a highly original and suggestive approach to economics - one that still has much to teach us today." "Through careful readings of Tocqueville's two major books and many of his other writings, Swedburg lays bare Tocqueville's ingenious way of thinking about major economic phenomena. When examined together, Swedburg argues, these books and other writings constitute an interesting alternative model of economic thinking, as well as a major contribution to political economy that deserves a place in contemporary discussions about the social effects of economics"--Jacket

"This book aims to provides an introductory survey of Montesquieu's economic ideas and a fresh examination of the longstanding controversy over the meaning and purpose of Montesquieu's The Spirit of the Laws. No one doubts that Montesquieu helped to formulate the core liberal ideals at the heart of the development of liberal republicanism on both the European and American continents. Yet, questions remain about Montesquieu's political intentions. In particular, the view of Montesquieu as a conscious proponent of commercial modernity has come under increasing scrutiny. While not ignoring recent scholarly challenges, Bibby moves the debate forward by uncovering the many hidden connections between commerce, liberty, and religion in The Spirit of the Laws. A failure to make these connections, Bibby argues, has led to significant interpretative errors. This book attempts to eliminate one source of the confusion which continues to cloud Montesquieu's political arguments in obscurity. "--

Machine generated contents note: 1. Analytical Political Economy (Roberto Veneziani and Luca Zamparelli) 2. Taking Stock: A Rigorous Modelling Of Animal Spirits In Macroeconomics (Reiner Franke and Frank Westerhoff) 3. The Agent-Based Approach To Post Keynesian Macro-Modeling (Corrado Di Guilmi) 4. Stock-Flow Consistent Macroeconomic Models: A Survey (Michalis Nikiforos and Gennaro Zezza) 5. Heterodox Theories Of Economic Growth And Income Distribution: A Partial Survey (Amitava Krishna Dutt) 6. Endogenous Technical Change In Alternative Theories Of Growth And Distribution (Daniele Tavani and Luca Zamparelli) 7. Minsky Models: A Structured Survey (Maria Nikolaidi and Engelbert Stockhammer) 8. Financialization And Investment: A Survey Of The Empirical Literature (Leila E. Davis) 9. Quantitative Empirical Research In Marxist Political Economy: A Selective Review (Deepankar Basu) 10. Value, Price, And Exploitation: The Logic Of The Transformation Problem (Simon Mohun and Roberto Veneziani) 11. A Progress Report On Marxian Economic Theory: On The Controversies In Exploitation Theory Since Okishio (1963) (Naoki Yoshihara) 12. South-South And North-South Economic Exchanges: Does It Matter Who Is Exchanging What And With Whom? (Omar S. Dahi and Firat Demir) Index

Cover -- Title Page -- Copyright Page -- CONTENTS -- PREFACE -- INTRODUCTORY NOTE -- PART I: BASIC ISSUES AND TOOLS OF ANALYSIS -- CHAPTER ONE What is a Political Economy? -- 1.1. Introduction -- 1.2. Politics and Economics -- 1.3. Types of Heterogeneity -- 1.4. An Illustration of Approaches -- 1.5. Plan of the Book -- CHAPTER TWO Economic Models for Political Analysis -- 2.1. Introduction -- 2.2. The Principal-Agent Problem -- 2.3. Discrete Time Dynamic Models-Dynamic Programming -- 2.4. The Overlapping Generations Model -- 2.5. Effects of Uncertain Future Policies -- 2.6. Conclusions -- CHAPTER THREE Decisionmaking Mechanisms -- 3.1. Introduction -- 3.2. How Much Political Detail? -- 3.3. Choosing Decisionmaking Mechanisms -- 3.4. Direct Democracy -- 3.5. Representative Democracy -- 3.6. Multiparty Systems -- 3.7. Interest Groups and Lobbying -- 3.8. Transaction Cost Politics -- 3.9. Conclusions -- PART II: COMMITMENT, CREDIBILITY, AND REPUTATION -- CHAPTER FOUR The Time-Consistency Problem -- 4.1. Introduction -- 4.2. Capital Taxation -- 4.3. Time Inconsistency as a Conflict of Interests -- 4.4. The Barro-Gordon Model -- 4.5. Seigniorage Revenue and the Optimum Quantity of Money -- 4.6. Commitment versus Flexibility -- 4.7. Conclusions -- CHAPTER FIVE Laws, Institutions, and Delegated Authority -- 5.1. Introduction -- 5.2. Laws, Constitutions, and Social Contracts -- 5.3. Delegation of Authority -- 5.4. Central Bank Independence -- 5.5. Fiscal Structures for Time Consistency -- 5.6. Conclusions -- CHAPTER SIX Credibility and Reputation -- 6.1. Introduction -- 6.2. Reputation -- 6.3. ''Reputation'' under Complete Information -- 6.4. Reputation under Incomplete Information-Mimicking -- 6.5. Does Reputation ''Solve'' the Time-Consistency Problem?-Three Caveats -- 6.6. Signaling -- 6.7. Reputation for Not Reneging on Commitments