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Social Provisioning, Embeddedness, and Modeling the Economy. Studies in Economic Reform and Social Justice. AJES – Studies in Economic Reform and Social Justice

  • ID: 2222104
  • Book
  • February 2012
  • Region: Global
  • 500 Pages
  • John Wiley and Sons Ltd
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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
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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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Frederic S. Lee
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