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- Social Provisioning, Embeddedness, and Modeling the Economy
Social Provisioning, Embeddedness, and Modeling the Economy
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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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