Entangled Political Economy by Roger Koppl

Entangled Political Economy by Roger Koppl

The term the 'Entangled political economy' was first coined by Economist Richard E. Wagner of George Mason University who challenged the additive political economy paradigm with his entangled political economy, which sees public and private entities as equal and entwined players in exchange relations. This volume examines entangled political economy from several distinct but complementary points of view. The history of entangled political economy is traced to Adam Smith and Carl Menger and its implications are worked out for both theoretical and applied economics. New directions in economic modeling are struck. Finally, entanglement is found to imply complexity, which leads not only to somewhat non-standard mathematical methods in economics, but also principled limits to the explanatory and predictive power of mathematical models in political economy. The volume demonstrates that Wagner's notion of entanglement opens new vistas for political economy in all its dimensions.

Horwitz, Steven: - Steven Horwitz is the Distinguished Professor of Free Enterprise and director of the Institute for the Study of Political Economy in the Department of Economics at the Miller College of Business at Ball State University in Muncie, Indiana. He is also an affiliated senior scholar at the Mercatus Center in Arlington, Virginia; a senior fellow at the Fraser Institute of Canada; and Professor of Economics Emeritus at St. Lawrence University in New York, where he taught for 28 years. He has written extensively on Austrian economics, Hayekian political economy, monetary theory and history, and American economic history. His work has been published in professional journals such as the History of Political Economy, the Southern Economic Journal, and the Cambridge Journal of Economics.

SKU	Unavailable
ISBN 13	9781784411022
ISBN 10	1784411027
Title	Entangled Political Economy
Author	Roger Koppl
Series	Advances In Austrian Economics
Condition	Unavailable
Binding Type	Hardback
Publisher	Emerald Publishing Limited
Year published	2014-10-03
Number of pages	256
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.