Social Provisioning, Embeddedness, and Modeling the Economy: Studies in Economic Reform and Social Justice

by Frederic S. Lee

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 economicsBuilds on a non-mainstream definition of economics as being concerned with social a process in which all economic activities are social activities, informed by social norms, institutions, and ideologiesIntegrates 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-agencyReviews the introduction of state money (and hence the financial sector) into an input-output model - a somewhat new innovation in modelling the economy

Mass Market Paperback

First published December 6, 2011

About the author

Frederic S. Lee (1859- )