Routledge, 2012. - 320 pages
ISBN: 0415508460
This book deals with the current crises from a somewhat different the usual perspectives. It claims that causes and policy implications of these crises cannot be properly assessed by focusing on allocative efficiency or income growth alone; it requires a more general approach, based on social costs. It does not deal with social costs according to the Pigouvian or the Coasian traditions. It draws on the work of Original Institutional Economics (OIE) such as Thorstein Veblen, Karl William Kapp, and Karl Polanyi, on Post-Keynesians such as Hyman Minsky and, in general, on authors who have provided insights beyond the conventional wisdom of economic thought.
Paolo Ramazzotti is Associate Professor of Public Policy at the University of Macerata, Italy.
Pietro Frigato is Professor of Economics at the University of Trento, Italy.
Wolfram Elsner is Professor of Economics at the University of Bremen, Germany.
Social Costs: At the Core of the Capitalist Economy
Social Costs and Normative Economics Paolo Ramazzotti
Institutions, Rationality and Social Costs Arild Vatn
Social Costs and the Horizonal Approach to Ecological Economics Fred Jennings
Planned Obsolescence and the Manufacturing of Doubt. On Social Costs and the Evolutionary Theory of the Firm Pietro Frigato and Francisco Santos-Arteaga
The Discourse on Social Costs: Kapp's 'Impossibility Thesis' vs. Neoliberalism Sebastian BergerSocial Costs of the Present Crises
From the Crisis of Distribution to the Distribution of the Costs of the Crisis: the Case of Europe Özlem Onaran
The Financial Crisis Viewed Through the Theory of Social Costs L. Randall Wray
In Charge of Themselves. The Social Costs of Workfare Policies in Europe Roberto Rizza
The Social Costs of Water Commodification in Developing Countries Manuel Couret Branco, Pedro Damião Henriques
The Social Costs of Private Elderly Care Remi Maier-Rigaud, Michael Sauer and Frank Schulz-Nielswandt
Business Bias as Usual: The Case of Electromagnetic Pollution Angelo Gino Levis, Velerio Gennaro and Spiridione Garbisa
A Crisis of Freedom Michele Cangianai