Introducing a New Economics

This groundbreaking textbook introduces basic economic principles from a new perspective, characterized by its uniquely pluralist, sustainable, progressive and global approach. The book begins with an introduction to the problems of our generation and the benefits of pluralism. It then introduces students to the principles of economics. Rather than constricting the economy to fit through rose-colored glasses or limit the pedagogy to one ideology, the book will teach our current economic predicament through the vantage of multiple perspectives and sustainability. The book begins by introducing the key concepts of pluralism, sustainability and progressivity. It then moves on to discuss human sustainability within an economic context by discussing work, employment, power, capital, markets, money and debt. The fundamentals of economics are then presented with special attention devoted to prices, firms and the evolution of industries, the development and applicability of knowledge, consumption, savings and investment and recessions. Next it introduces tools to help students model the economy from a dynamic and global perspective.And finally the book concludes with attention to consensus building, democratic decision making and offering a roadmap for the future. Co-authored by an all-star international team based on three continents and led by Jack Reardon, founding editor of the International Journal of Pluralism and Economics Education, this is a landmark work that will set the standard for years to come.