A provocative new theory of “the economy,” its history, and its
politics that better unites history and economics What is the economy,
really? Is it a “market sector,” a “general equilibrium,” or
the “gross domestic product”? Economics today has become so
preoccupied with methods that economists risk losing sight of the
economy itself. Meanwhile, other disciplines, although often intent on
criticizing the methods of economics, have failed to articulate an
alternative vision of the economy. Before the ascent of postwar
neoclassical economics, fierce debates raged, as many different
visions of the economy circulated and competed with one another. In
The Real Economy, Jonathan Levy returns to the spirit of this earlier
era, which, in all its contentiousness, gave birth to the discipline
of economics. Drawing inspiration particularly from Thorstein Veblen
and John Maynard Keynes, Levy proposes a theory of the economy that is
open to rich empirical and historical scrutiny, covering topics that
include the emergence of capitalism, the notion of radical
uncertainty, the meaning of demand, the primal desire for money, the
history of corporations, and contemporary globalization. Writing for
anyone interested in the study of the economy, Levy provides an
invaluable provocation for a broader debate in the social sciences and
humanities concerning what “the economy” is.
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History and Theory
Produktdetaljer
ISBN
9780691252575
Publisert
2025
Utgiver
Vendor
Princeton University Press
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter