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Bookshelf

The Bookshelf is a reading list compiled by members of Rethinking Economics Australia.

From considerations around effective pedagogy to theories of economic reform, the Bookshelf contains a curated list of readings spanning a range of topics. Comments and addition suggestions are always welcome.

Economic Democracy by CH Douglas – founder of Social Credit. Works by CH Douglas can be downloaded here.

A series of lectures by the philosopher and educationalist Rudolf Steiner.

Basil Moore, the father of endogenous money, reflects on the state of economic theory in ‘Shaking the Invisible Hand’. The book underscores the need for complexity theory in economics, and forms a foundational theory of a new economics.

Recommended by Kimberley Yoo

This controversial book is a must read for anyone interested in the interplay between economic theory and social philosophy. Schumpeter presents his view on the evolution of economic systems, introducing the popular concept of “creative destruction” as a force for both entrepreneurial and structural change. 

This collection of essays brings together a number of influential radical scholars in the social sciences. Critiques against mainstream theory cover politics, sociology, anthropology, economics and history. Contributors include Edward Nell, Robin Blackburn, Nicos Poulantzas and Ralph Miliband, Maurice Godelier, and E. J. Hobsbawm.

Recommended by Kimberley Yoo

An excellent book aimed at the general public that addresses the problem of orthodox economic theory through the lens of network analysis. 

Particularly pertinent in a post-crisis world, Papadimitriou and Wray present a collection of Minskian essays from a series of distinguished scholars. The essays extend, critique and review the work of Hyman P. Minsky.

A collection of ecological Marxist essays, that question our interaction with nature, the structure of capitalism within nature and the role of social movements in enacting change.

Palley provides a structural Keynesian interpretation of the financial crisis leading to secular stagnation. 

Econocracy, a recently published book by Joe Earle, Cahal Moran and Zach Ward-Perkins provides a stinging critique of current economic theory and practice and makes a powerful argument for challenging current economic orthodoxy.

Recommended by Bernard Thomson