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Lee, Frederic S. (ed.)
Social Provisioning, Embeddedness, and Modeling the Economy
Studies in Economic Reform and Social Justice
AJES - Studies in Economic Reform and Social Justice (Volume 70)

February 2012
87.90 Euro
2012. 500 Pages, Hardcover
ISBN 978-1-118-24519-4 - John Wiley & Sons

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Detailed description
This book consists of nine essays that model the economy considerably differently to mainstream economics.

* Contributes to the development of a model of a socially embedded economy, taking an alternative approach to mainstream economics
* Builds on a non-mainstream definition of economics as being concerned with social provisioning: a process in which all economic activities are social activities, informed by social norms, institutions, and ideologies
* Integrates different theories of economic modelling, including the social surplus approach, social fabric matrix, social accounting matrix, social structures of accumulation, stock-flow consistent modelling, and structure-agency
* Reviews the introduction of state money (and hence the financial sector) into an input-output model - a somewhat new innovation in modelling the economy

From the contents
Editors' Introduction--Frederic S. Lee

1. Social Provisioning Process and Socio-Economic Modeling--Tae-Hee Jo

2. A Simple Economic Model of the Surplus Approach to Value and Distribution--Scott Carter

3. Demand, Structural Interdependence and Economic Provisioning--Gary Mongiovi

4. Modeling the Economic Surplus in a SAM Framework--Erik K. Olsen

5. Integrating the Social Structure of Accumulation and Social Accounting Matrix with the Social Fabric Matrix--F. Gregory Hayden

6. Social Structures of Accumulation: A "Punctuated" View of Embeddedness--Terrance McDonough

7. Comparing Pension Systems in the Circular Flow of Income--Andrew B. Trigg and Jonquil T. Lowe

8. Modeling the Economy as a Whole: An Integrative Approach--Frederic S. Lee

 




 

        

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