John F. Henry is an eminent ecomist who has made important contributions to heterodox ecomics drawing on Adam Smith, Karl Marx, Thorstein Veblen, and John Maynard Keynes. His historical approach offers radical insights into the evolution of ideas (ideologies and theories) giving rise to and/or induced by the changes in capitalist society. Essays collected in this festschrift t only evaluate John Henry's contributions in connection to Marx's and Veblen's theories, but also apply them to the socio-ecomic issues in the 21st century. In Part I leading heterodox ecomists in the traditions of Marxism, Post Keynesianism, and Institutionalism critically examine Marx's and Veblen's theoretical frameworks (and their connections to each other) that have become the foundations of heterodox ecomics. Chapters in Part II showcase alternative theoretical explanations inspired by Marx, Veblen, and Henry. Topics in this Part include financial crisis, financialization, capital accumulation, ecomics teaching, and the historical relationship between money and class society. Part III is devoted to John Henry's heterodox ecomics encapsulated in his farewell lecture, interview, and bibliography. Essays in this book, individually and collectively, make an important point that the history of ecomic thought (or historical analysis of ecomic theory and policy) is an integral part of developing heterodox ecomics as an alternative theoretical framework. Anyone who is troubled by the recurring failure of capitalism as well as mainstream ecomics will find this book well worth reading.
Tae-Hee Jo is Associate Professor of Economics at the State University of New York, Buffalo State, USA. Frederic S. Lee was Professor of Economics at the University of Missouri-Kansas City, USA.
Taylor & Francis Ltd
Date of Publication
Economics: Professional & General
Routledge Advances in Heterodox Economics
Place of Publication
Country of Publication
15 black & white illustrations, 16 black & white tables, 1 black & white halftones, 14 black & white line drawings