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Ricardo's dream : how economists forgot the real world and led us astray
\"From the workings of financial markets to our response to the ecological crisis, economic theory shapes the world. But where do these ideas come from? Ricardo's Dream tells the fascinating story of David Ricardo, Adam Smith's only real rival as the 'founder of economics'. The wealthiest stock trader of his day, Ricardo introduced the study of abstract models to economics. He also developed the theory of trade that underpinned globalization and hides, behind its mathematical facade, a history of power, empire, and slavery. Brimming with fresh ideas and stories, Ricardo's Dream shows how too many economists, from Ricardo's day to our own, have turned away from observing the real world and led us astray.\"
BOOK
Inequality Studies from the Global South
This book offers an innovative, interdisciplinary approach to thinking about inequality, and to understanding how inequality is produced and reproduced in the global South.
Without the safety net of the various Northern welfare states, inequality in the global South is not merely a socio-economic problem, but an existential threat to the social contract that underpins the democratic state and society itself. Only a response that is firmly grounded in the context of the global South can hope to address this problem. This collection brings together scholars from across the globe, with a particular focus on the global South, to address broad thematic areas such as the conceptual and methodological challenges of measuring inequality; the political economy of inequality in the global South; inequality in work, households and the labour market; and inequalities in land, spaces and cities. The book concludes by suggesting alternatives for addressing inequality in the global South and around the world.
The pioneering ideas and theories put forward by this volume make it essential reading for students and researchers of global inequality across the fields of sociology, economics, law, politics, global studies and development studies.
eBook
Interpreting Ricardo
\"This book proposes a reconstruction of the substance and evolution of David Ricardo's thought on the interrelated topics of value, distribution and accumulation. It also contains a summary of, and critical commentary on, the existing secondary literature.\" \"Among the topics developed in this book, the author rejects Piero Sraffa's 'corn model' interpretation of Ricardo's early writings, and questions many of the alleged similarities between the work of Ricardo and Sraffa. He reaffirms the 'old' interpretation that Ricardo's primary concern was to demonstrate the link between worsening conditions of production in agriculture and 'permanent' movements in profitability, and he opposes the Hollander and Hicks view of Ricardo's treatment of wages (the so-called 'new view' interpretation). Also, in the context of a detailed study of Ricardo's engagement with the labour theory of value, he rejects the fashionable view that Ricardo's version of the theory was merely 'empirical', and he argues that Marx's interpretation of Ricardo was considerably less flawed than some writers, including Marshall, Stigler and Steedman, have maintained. The author also rejects various 'neoclassical' interpretations of Ricardo's writings.\" \"Dr Peach argues that Ricardo's work has been persistently misinterpreted and that this state of affairs can be remedied only by an attempt to understand Ricardo's writings in Ricardo's terms rather than those of later economic theorists.\"--Jacket.
Book
Women and the Informal Economy in Urban Africa
In this highly original work, Mary Njeri Kinyanjui explores the trajectory of women's movement from the margins of urbanization into the centres of business activities in Nairobi and its accompanying implications for urban planning. While women in much of Africa have struggled to gain urban citizenship and continue to be weighed down by poor education, low income and confinement to domestic responsibilities due to patriarchic norms, a new form of urban dynamism - partly informed by the informal economy - is now enabling them to manage poverty, create jobs and link to the circuits of capital and labour. Relying on social ties, reciprocity, sharing and collaboration, women's informal 'solidarity entrepreneurialism' is taking them away from the margins of business activity and catapulting them into the centre. Bringing together key issues of gender, economic informality and urban planning in Africa, Kinyanjui demonstrates that women have become a critical factor in the making of a postcolonial city.
eBook
