Journal of Australian Political Economy

Articles from No. 76, Summer

Babones, S.J., Methods for Quantitative Macro-Comparative Research
Babones, S. J., Methods for Quantitative Macro-Comparative Research. Los Angeles: SAGE Publications, 2014, pp.xxvii, 267pp. ISBN: 9781412974950 This was a very enjoyable book to read. Don't be fooled by the title. It is more than a 'to do' book....
Bill Dunn: Neither Free Trade nor Protection: A Critical Political Economy of Trade Theory and Practice
Bill Dunn Neither Free Trade Nor Protection: A Critical Political Economy of Trade Theory and Practice Edward Elgar, Cheltenham, 2015, 227pp. Bill Dunn has established a strong reputation as an analyst of international and global economic...
Contesting 'Actually Existing' Neoliberalism
The dominant conceptualisation of 'neoliberalism' is centred on 'free markets' and 'small states'. This understanding of neoliberalism--'free-market neoliberalism'--is widespread, within both academic and popular circles. Steger and Roy's claim that...
Damien Cahill: The End of Laissez Faire: On the Durability of Embedded Neoliberalism
Damien Cahill The End of Laissez Faire: On the Durability of Embedded Neoliberalism Edward Elgar, Cheltenham, 2014, 199pp. There was a common expectation that neoliberalism's influence would be jolted, if not obliterated, by the global...
David Harvey: Seventeen Contradictions and the End of Capitalism
David Harvey Seventeen Contradictions and the End of Capitalism Profile Books, London, 2014, 338pp. Contradictions in an economic system generate recurrent problems such as class conflicts, systemic instability and economic crises. Focusing...
Francis Fukuyama, the Future of History: Can Liberal Democracy Survive the Decline of the Middle Class?
Francis Fukuyama, The Future of History: Can Liberal Democracy Survive the Decline of the Middle Class? Foreign Affairs, January/February 2012. Francis Fukuyama is probably best known for his article and a subsequent book The End of History? published...
From Havana to Quito: Understanding Economic Reform in Cuba and Ecuador
Cuba and Ecuador are very different countries, but they share a common history and are politically linked by principles of the progressive Bolivarian Alliance (ALBA) bloc. They are also engaged in quite distinct processes of political economic reform....
Graham Larcombe
Graham Larcombe was a committed political economist, concerned with improving the material conditions of people where they live and work. Born in 1952, he died in January 2015, aged 62, having succumbed to melanoma. Graham was an progressive public...
Green Stimulus and Pink Batts: The Environmental Politics of Australia's Response to the Financial Crisis
It is widely accepted that limiting climate change to an average temperature rise of 2[degrees]C will require substantial and sustained investments in low-carbon technologies and infrastructure (OECD, n.d.). While a significant amount of investment...
Herman Daly: From Un-Economic Growth to the Steady-State Economy
Herman Daly From Un-economic Growth to the Steady-State Economy Edward Elgar, Cheltenham, 2014, 2014, 253pp. Herman Daly is a guru of the movement for a Steady-State Economy (SSE). He has been writing about SSE for more than forty years, and...
Howard Sherman and Michael Meeropol: Principles of Macroeconomics: Activist vs. Austerity Politics
Howard Sherman and Michael Meeropol Principles of Macroeconomics: Activist vs. Austerity Politics M.E. Sharpe, New York, 2013, 395pp. The seemingly indefatiguable Howard Sherman has made numerous contributions to challenging economic orthodoxy...
John E King: Advanced Introduction to Post Keynesian Economics
John E King Advanced Introduction to Post Keynesian Economics. Edward Elgar, 2015, pp.140. c. A$40. Post-Keynesian political economy has in recent times established itself as the most exciting and rewarding strand of heterodox political economy....
John Pullen: Nature's Gifts: The Australian Lectures of Henry George on the Ownership of Land and Other Natural Resources
John Pullen Nature's Gifts: the Australian Lectures of Henry George on the Ownership of Land and Other Natural Resources Desert Pea Press, Sydney, 2014, 225pp. Henry George's influence as a political economist more than a century ago should...
Martijn Konings: The Emotional Logic of Capitalism: What Progressives Have Missed
Martijn Konings The Emotional Logic of Capitalism: What Progressives have Missed Stanford University Press, Stanford, Ca., 2015, 172pp. Why is capitalism still widely regarded as tolerable, if not 'the best of all possible worlds', despite...
Michael Beggs: Inflation and the Making of Australian Macroeconomic Policy 1945-85
Michael Beggs Inflation and the Making of Australian Macroeconomic Policy 1945-85 Palgrave Macmillan, Basingstoke, 2015, 325pp. Mike Beggs shows how macroeconomic policy has been implemented in Australia. His book deals with the crucial decades...
Stuart Birks: Rethinking Economics: From Analagies to the Real World
Stuart Birks Rethinking Economics: From Analagies to the Real World Springer, London, 2015, 87pp. 40 Critical Pointers for Students of Economics World Economics Association, 2015 online orders at www.worldeconomicsassociation.org/books...
Susan Schroeder: Public Credit Rating Agencies: Increasing Capital Investment and Lending Stability in Volatile Markets
Susan Schroeder Public Credit Rating Agencies: Increasing Capital Investment and Lending Stability in Volatile Markets Palgrave Macmillan, New York, 2015, 196pp. When the GFC began in 2008-9 there was widespread criticism of the major international...
The Australian Economy at a Critical Juncture
Australia is considered by many mainstream economists to be a strong, stable and growing economy, in large part due to its performance over the last decade, according to conventional measures compared to other developed economies. Australia's long...
The Limits of Transformation: Contemporary Applications of Karl Polanyi
It is no secret that Karl Polanyi's 1944 masterwork The Great Transformation (henceforth GT) has been enjoying a much deserved renaissance for the past two decades. After the ostensible collapse of Marxist economic theory in the early 1990s and the...
The Political and Public Dimension of Work: Towards the Democratisation of Work
Work is being devalorised today as never before, and the quality of working life is deteriorating almost everywhere. Despite this, work issues are addressed by a decreasing number of economists, even heterodox economists. Normative claims about how...
Tim Anderson: Land and Livelihoods in Papua New Guinea
Tim Anderson Land and Livelihoods in Papua New Guinea Australian Scholarly Publishing, North Melbourne, 2015, 222pp. A central lesson from Tim Anderson's latest book is that the 'modernist' view of land as a commodity does not sit well with...
Tom Barnes: Informal Labour in Urban India: Three Cities, Three Journeys
Tom Barnes Informal Labour in Urban India: Three Cities, Three Journeys Routledge, Abingdon, 2015, 202pp. The transformation of the Indian economy during the last quarter century is widely acknowledged. As this book shows, however, what is...
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