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The Automatic Fetish traces Marx’s analysis of capital, step by step, through the material compiled posthumously as the third volume of Capital. Identifying the critique of value as the central throu …

Elinor Ostrom was the first woman to win the Nobel Prize in economics and her achievement has generated renewed interest in the Bloomington School research program in institutional economics and poli …

This edition includes a modern introduction and a list of suggested further reading.   Political Economy for Beginners is a timeless introduction to the Classical Political Economy of Adam Smi …

Contemporary capitalism produces more and more money, debt, and inequality. These three trends have a common cause: the privilege of private banks to create money by means of accounting – by the stro …

Adam Smith’s groundbreaking work, An Inquiry into the Nature and Causes of the Wealth of Nations, delves into the principles that underpin economic prosperity and the functioning of free markets. Wri …

In the late eighteenth century, the political economist Adam Smith predicted an eventual equalization of power between the West and the territories it had conquered. In this magisterial new work, Gio …

Despite insoluble contradictions, intense volatility and fierce resistance, the crisis-ridden capitalism of the 21st century lingers on. To understand capital’s paradoxical expansion and entrenchment …

Liberia is a dysfunctional country as the result of its patronage practices, which include nepotism, bribery, and election fraud. Stephen H. Gobewole, who grew up in Liberia, explains how these corru …

For much of American history, large numbers of people claimed that money was a public good and asserted the right to shape money creation practices. If popular knowledge about money creation was once …

The European question has divided the Labour Party and the progressive left for over 50 years. The contemporary left-wing antithesis to the EU harks back to Bennite anti-marketeer narratives: a neoli …