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| Foreword | |
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| Preface | |
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| Acknowledgments | |
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| Economics of History and History of Economics | |
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| The Long Road to Capitalism | |
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| Prehistoric Communal Institutions in the Middle East | |
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| Communal Equality to Slavery in the Middle East | |
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| Slavery to Feudalism in Europe | |
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| Feudalism and Paternalism in England | |
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| Feudalism to Capitalism in England | |
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| Mercantilism in England | |
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| Pre-Capitalism to Industrial Capitalism in the United States, 1776-1865 | |
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| Slavery in the United States | |
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| Capitalism, Its Defenders, and Its Critics | |
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| Classical Liberalism: Defense of Industrial Capitalism | |
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| Socialist Protest Against Industrial Capitalism | |
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| Marx: Critique and Alternative to Capitalism | |
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| Rise of Corporate Capitalism in the United States, 1865-1900 | |
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| Socialist Critique of Corporate Capitalism, 1865-1900 | |
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| Neoclassical Economics: Defense of Corporate Capitalism | |
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| The New Paternalism and the New Deal | |
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| Veblen: Critique of Corporate Capitalism | |
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| War and the Great Depression in the United States, 1900-1940 | |
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| Growth of Socialism, 1900-1940 | |
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| Keynes and the Great Depression | |
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| The United States and Global Capitalism, 1940-2006 | |
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| How War Has Changed | |
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| Socialist Critique of Global Capitalism | |
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| Microeconomics: Prices, Profits, and Poverty | |
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| Introduction | |
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| Robinson Crusoe: Two Perspectives on Microeconomics | |
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| Elements of Progressive Microeconomics | |
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| The Two Americas: Inequality, Class, and Conflict | |
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| Inequality, Exploitation, and Economic Institutions | |
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| Prices, Profits, and Exploitation | |
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| Rejection of Labor Theory and Consideration of Alternative Theories | |
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| Market Power and Global Corporations | |
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| Applications of Progressive Microeconomics | |
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| Economics of Racial and Gender Discrimination | |
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| Environmental Devastation | |
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| Government and Inequality | |
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| Appendix: A Case Study | |
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| Economic Democracy | |
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| Elements of Neoclassical Economics | |
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| Scarcity and Choice: Neoclassical View | |
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| More on the Production Possibility Curve | |
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| Simple Analytics of Supply and Demand | |
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| Equilibrium | |
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| Elasticity | |
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| Consumption Theory: Demand | |
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| Utility Maximization Demand Curve | |
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| Production Theory: Supply | |
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| The Relationship between Total, Average, and Marginal Product | |
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| Costs of Production | |
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| Cost Diagrams | |
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| Work and Wages: Neoclassical View of Income Distribution | |
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| Profit Maximization and the Input Decision | |
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| The Markets for Capital and Land | |
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| Neoclassical Approach to Market Structure and Market Failure | |
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| Prices and Profits in Pure Competition | |
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| Clarifying the Meaning of Costs | |
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| Monopoly Power, Prices, and Profits | |
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| Modification of Monopoly Analysis | |
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| Monopolistic Competition and Oligopoly | |
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| Price Determination in an Oligopoly | |
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| Market Failures: Public Goods, Market Power, and Externalities | |
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| Further Aspects of Neoclassical Theories of Market Failure | |
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| Macroeconomics: Growth and Instability | |
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| Aggregate Supply and Demand | |
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| History of Business Cycles and Human Misery | |
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| National Income Accounting: How to Map the Circulation of Money and Goods | |
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| Detailed, Systematic Institutional Income Accounts | |
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| Net Economic Welfare | |
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| Money and Profit: Say's Law and Institutionalist Criticism | |
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| Neoclassical View of Aggregate Supply and Demand | |
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| Blaming the Victim | |
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| Keynesian View of Aggregate Supply and Demand | |
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| Understanding Instability | |
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| How to Measure Instability | |
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| Consumer Spending and Labor Income | |
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| Investment Spending and Profit | |
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| The Stock Market and Investment | |
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| The Multiplier | |
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| Calculations and Limits of the Accelerator | |
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| Business Cycles and Unemployment | |
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| Under-Consumptionism: A Demand-Side View | |
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| Supply-Side Problems: High Wages, Interest, and Raw Material | |
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| Growth | |
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| Population and Growth | |
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| Government Fiscal Policy | |
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| Fiscal Policy | |
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| Fiscal Policies of Presidents Clinton and Bush | |
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| Fiscal Policy in Wars | |
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| Government Spending and Taxes | |
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| Money and Monetary Policy | |
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| Money, Banking, and Credit | |
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| How Banks Multiply Money | |
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| Inflation | |
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| Market Power and Administered Prices | |
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| Wage and Price Controls | |
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| Monetary Policy | |
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| Furious Debates on Montary Policy | |
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| International and Global Policy | |
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| Exports and Imports | |
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| International Trade, Investment, and Finance: How Instability Spreads Around the World | |
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| Debate on Globalization | |
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| Debate on Free Trade | |
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| Conservative Defense of Comparative Advantage | |
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| Criticisms of Comparative Advantage | |
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| Development | |
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| Effects of Militarism on U.S. Development | |