Joseph Schumpeter’s conceptions of entrepreneurship, innovation, and creative destruction have been hugely influential. He pioneered the study of economic development and of technological paradigm shifts and was a forerunner of the emerging field of evolutionary economics. He is not thought of as a theorist of credit-supercharged high-speed growth, but this is what he became in postwar Japan. As Mark Metzler shows in Capital as Will and Imagination, economists and planners in postwar Japan seized upon Schumpeter’s ideas and put them directly to work. The inflationary creation of credit, as theorized by Schumpeter, was a vital but mostly unrecognized aspect of the successful stabilization of Japanese capitalism after World War II and was integral to Japan’s postwar success. It also helps to explain Japan’s bubble, and the global bubbles that have followed it. The heterodox analysis presented in Capital as Will and Imagination goes beyond the economic history of postwar Japan; it opens up a new view of the core circuits of modern capital in general.

The book explores the role of leisure in modern life. It was written in the belief that leisure sets us apart as a species, that what is "useless" by commercial standards is probably the best thing we have going for us, and that leisure is under attack, in high danger of being lost, and has been for some time (since at least the end of the Second World War). The source of the problem is the ascendancy of the economic imperative, the subordination of the science of means (philosophy) by the science of ends (economics). The book argues that our leisurely impulse has been so squandered that boredom is now a significant problem in modern life. The essays canvass the distinctive contributions of art, science and religion, and provide a synthetic account of these three forces driving human culture. Although the book covers the science/religion question, this book differs from others on the science/religion debate in that it connects the traditional discussion to questions of economics and social policy. It takes an innovative approach in weaving the fundamentals of human life (art, science, economics and so on) into one fabric, namely, leisure.

This re-incorporation of economics into political economy is one (small, but not insignificant) element in a larger project: to place all of the resources of present-day social-scientific research at the service of increasing democracy, in an ultimate direction toward socialism in the classic sense. An economics-enriched political economy is, above all, empowering: working people in general can calculate, build models, think theoretically, and contribute to a human-worthy future, rather than leaving all this to their "betters."

Hailed in the mid-19th century as the most important American poet of the period, Fitz-Greene Halleck was dubbed the American Byron and had a large general readership despite his work's infusion of homosexual themes. This biography portrays him as a prophet of the literary and sexual revolution.

Economic inequality is at a record high in the United States, but public demand for redistribution is not rising with it. Meghan Condon and Amber Wichowsky show that this paradox and other mysteries about class and US politics can be solved through a focus on social comparison. Powerful currents compete to propel attention up or down—toward the rich or the poor—pulling politics along in the wake. Through an astute blend of experiments, surveys, and descriptions people offer in their own words, The Economic Other reveals that when less-advantaged Americans compare with the rich, they become more accurate about their own status and want more from government. But American society is structured to prevent upward comparison. In an increasingly divided, anxious nation, opportunities to interact with the country’s richest are shrinking, and people prefer to compare to those below to feel secure. Even when comparison with the rich does occur, many lose confidence in their power to effect change. Laying bare how social comparisons drive political attitudes, The Economic Other is an essential look at the stubborn plight of inequality and the measures needed to solve it.

This book presents a polemical account of the historical development of the neoliberal imagination. Inspired by the thought of Frederic Jameson, Bernard Stiegler, and Timothy Morton, it argues that the evolution of virtual and information technologies has transformed the ideological imaginary of capitalism. Owing to the inseparability of the process of commodification from developments in the sphere of media technology – particularly the rise of the digital networks through which information is processed and disseminated – the aesthetic forms of the neoliberal imaginary are not external to the accelerated productivity and adaptability of human beings. Rather, they are essential both to the vision of progress that informs the technoscientific organization of capitalist society and to the practical formation of ‘the self’ that takes place within its networks. A snapshot of the evolving ‘world picture’ that is formed in the neoliberal imagination as articulated in its particular regime of capitalization, The Neoliberal Imagination will appeal to scholars of social theory and social philosophy with interests in neoliberalism.

Savage Exchange explores the politics of representation during the Han dynasty (206 BCE–220 CE) at a pivotal moment when China was asserting imperialist power on the Eurasian continent and expanding its local and long-distance (“Silk Road”) markets. Tamara T. Chin explains why rival political groups introduced new literary forms with which to represent these expanded markets. To promote a radically quantitative approach to the market, some thinkers developed innovative forms of fiction and genre. In opposition, traditionalists reasserted the authority of classical texts and advocated a return to the historical, ethics-centered, marriage-based, agricultural economy that these texts described. The discussion of frontiers and markets thus became part of a larger debate over the relationship between the world and the written word. These Han debates helped to shape the ways in which we now define and appreciate early Chinese literature and produced the foundational texts of Chinese economic thought. Each chapter in the book examines a key genre or symbolic practice (philosophy, fu-rhapsody, historiography, money, kinship) through which different groups sought to reshape the political economy. By juxtaposing well-known texts with recently excavated literary and visual materials, Chin elaborates a new literary and cultural approach to Chinese economic thought. Co-Winner, 2016 Harry Levin Prize, American Comparative Literature Association; Honorable Mention, 2016 Joseph Levenson Book Prize, Pre-1900 Category, China and Inner Asia Council of the Association for Asian Studies

In Money Matters, Richard Gray investigates the discourses of aesthetics and philosophy alongside economic thought, arguing that their domains are not mutually exclusive. The transition in Germany from an agrarian or proto-industrial economy to a capitalist industrial economy, which was paralleled by a shift from the exchange of money in coin to the use of paper currencies, occurred simultaneously with an efflorescence of German-language literature and philosophy. Based on close readings of canonical literary and philosophical texts, Gray explores how this confluence led to a rich cross-fertilization between economic and literary thought in Germany during this period. Money Matters documents the surprising degree to which literature and philosophy participated in the creation of modern economic paradigms, as well as the extent to which economics influenced literature and philosophy. The cultural artifacts of the period demonstrate the existence of an “economic unconsciousness”: persistent notions of value and exchange that inflect the aesthetic and thematic dimensions of literary and philosophical texts. This book offers a thought-provoking and original analysis of literature and ideas in the critical transition period from Kant and Goethe, through the German Romantics, to Marx.

Since economies are dynamic processes driven by creativity, social norms, and emotions as well as rational calculation, why do economists largely study them using static equilibrium models and narrow rationalistic assumptions? This book argues that economists should look for new techniques in Romantic poetry and philosophy.