By Susan K. Schroeder, Lynne Chester

ISBN-10: 364236120X

ISBN-13: 9783642361203

ISBN-10: 3642361218

ISBN-13: 9783642361210

Political financial system makes a speciality of matters which are primary to person and collective healthiness and rests at the proposition that monetary phenomena don't ensue in isolation from social and political methods. One prime Australian political economist is Frank Stilwell. Highlights of his paintings comprise matters with the construction and use of wealth, inequalities among wealthy and negative, the spatial implications of financial progress, and the tensions among monetary progress and the surroundings. Stilwell has been specially well-known in constructing substitute financial rules, with seminal contributions to figuring out the novel shift in Australian monetary and social regulations because the early Nineteen Eighties. He has additionally been a pacesetter within the educating of political financial system to many cohorts of first-year collage scholars. This assortment, spanning those topics, honours Stilwell’s contribution to Australian political economic system after greater than forty years instructing on the collage of Sydney. The e-book presents not just a chance to understand his contribution but additionally a better knowing of those issues which stay of an important modern relevance.

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Both of these examples draw on projects in which I have been personally involved and where I am familiar with the valuable role played by drawing on the robust critical literature available to those ‘outsiders’ who choose to engage with it. A first avenue is that of contributing to public forums where the ‘common sense’ of mainstream economics is not immediately apparent. The equal remuneration case brought before Fair Work Australia which concluded in 2012 is one such example. In this case, a range of both mainstream and heterodox analyses of the links between gender, care and low wages were submitted to Fair Work Australia as expert witness statements or submissions.

The common thread among these schools might be described as their inclusion of ‘historical and social context as part of the fundamental factors which shape and create economic activity’ (Clark 1999, 868). Feminist economics, which I will also refer to in this chapter, might be thought of as one specific area of political economy with a particular focus on the construction and implications of gender as a social institution or practice. A relatively common approach among political economists is to define their research agenda in terms of what they are not (mainstream) as well as what they are.

King, J. E. (2009). A conversation with Kurt Rothschild. Review of Political Economy, 21, 145–155. Sachs, J. D. (2012). The price of civilization: reawakening American virtue and prosperity. New York: Random House. , & Skidelsky, E. (2012). : The love of money, and the case for the good life. London: Allen Lane. Soderbaum, P. (2008). Understanding sustainability economics: Towards pluralism in economics. London: Earthscan. Solow, R. M. (2012). Round table discussion: where is macro going? In R.

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Challenging the Orthodoxy: Reflections on Frank Stilwell's Contribution to Political Economy by Susan K. Schroeder, Lynne Chester

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