Howden (Ed.) - Institutions in Crisis; European Perspectives on the Recession (2011).pdf

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Institutions in Crisis
NEW THINKING IN POLITICAL ECONOMY
Series
Editor:
Peter
J.
Boettke,
George Mason University, USA
New Thinking in Political Economy aims to encourage scholarship in the intersec-
tion of the disciplines of politics, philosophy and economics.
It
has the ambitious
purpose of reinvigorating political economy as a progressive force for understand-
ing social and economic change.
The series is an important forum for the publication of new work analysing the
social world from a multidisciplinary perspective. With increased specialization
(and professionalization) within universities, interdisciplinary work has become
increasingly uncommon. Indeed, during the 20th century, the process of discipli-
nary specialization reduced the intersection between economics, philosophy and
politics and impoverished our understanding of society. Modern economics in
particular has become increasingly mathematical and largely ignores the role of
institutions and the contribution of moral philosophy and politics.
New Thinking in Political Economy will stimulate new work that combines
technical knowledge provided by the 'dismal science' and the wisdom gleaned from
the serious study of the 'worldly philosophy'. The series will reinvigorate our
understanding of the social world by encouraging a multidisciplinary approach to
the challenges confronting society in the new century.
Recent titles in the series include:
Media, Development, and Institutional Change
Christopher J. Coyne and Peter T. Leeson
The Economics of Ignorance and Coordination
Subjectivism and the Austrian School of Economics
Thierry Aimar
Socialism, Economic Calculation and Entrepreneurship
Jesus Huerta deSoto
The Political Economy of Hurricane Katrina and Community Rebound
Edited by Emily Chamlee- Wright and Virgil Henry Storr
Robust Political Economy
Classical Liberalism and the Future of Public Policy
Mark Pennington
Good Governance in the 21st Century
Conflict, Institutional Change, and Development in the Era of Globalization
Edited by Joachim Ahrens, Rolf Caspers and Janina Weingarth
Institutions in Crisis
European Perspectives on the Recession
Edited by David Howden
Institutions in Crisis
European Perspectives on the Recession
Edited by
David Howden
Saint Louis University, Madrid, Spain
NEW THINKING IN POLITICAL ECONOMY
Edward Elgar
Cheltenham, UK • Northampton, MA, USA
©
David Howden 2011
All rights reserved. No part of this publication may be reproduced, stored in a
retrieval system or transmitted in any form or by any means, electronic,
mechanical or photocopying, recording, or otherwise without the prior
permission of the publisher.
Published by
Edward Elgar Publishing Limited
The Lypiatts
15 Lansdown Road
Cheltenham
Glos GLSO 2JA
UK
Edward Elgar Publishing, Inc.
William Pratt House
9 Dewey Court
Northampton
Massachusetts 01060
USA
A catalogue record for this book
is available from the British Library
Library of Congress Control Number: 2011926266
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Paper from
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FSce C018575
ISBN 978 0 85793 211 2
Typeset by Servis Filmsetting Ltd, Stockport, Cheshire
Printed and bound by MPG Books Group, UK

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