Lucidly written, comprehensive in coverage, based on expert
understanding and insight' - Noam Chomsky 'Most economists worship the
market, describing it as a fair, impersonal arbiter of efficiency. Robin
Hahnel brilliantly debunks this religion, providing powerful
explanations of market failures on both micro- and macroeconomic levels.
He combines clear exposition and mathematical illustration with a
compelling passion for progressive social change' - Nancy Folbre,
Professor of Economics, University of Massachusetts 'Must our economic
lives be dominated by greed and competition? Free market economists have
long answered 'yes'. The ABCs of Political Economy shows that what they
'know' is not so. Robin Hahnel writes with clarity, originality, verve
and a relentless moral passion' - Robert Pollin, Professor of Economics
and Co-Director, Political Economy Research Institute, University of
Massachusetts, Amherst 'A visionary book ahead of its time. In this
second edition Robin Hahnel has done a masterful job analysing the
momentous economic, social, political, and environmental events of the
past decade and integrating his findings into the work. A stimulating,
creative and important contribution to help us all answer the question:
'What is to be done?' in a bold, yet actionable way' - Gar Alperovitz,
author of What Then Must We Do? and America Beyond Capitalism is Lionel
R. Bauman Professor of Political Economy at the University of Maryland
and Co-founder of the Democracy Collaborative