The Economy in Society

This book introduces a range of heterodox traditions of economic thought – Keynesian, Institutional, Marxist and Feminist – which offer alternative understanding of the economy and its place in society. It explores insights from these traditions including the social relations of production at the heart of capitalism; the essential role of institutions; the role of social expectations and norms in structuring economic behaviour; and the way that gender shapes the distribution of economic resources. Written in an accessible form, this text provides readers with the tools to counter the mystifications of orthodox economics with a more realistic appreciation of how economies work.