| Table of Contents |
| | List of Figures, Tables, and Boxes | |
| | Preface | |
| | Acknowledgments | |
| | 1 | Introduction: Political Economy Today, Political Economy Tomorrow / Dawn Saunders | 3 |
| Sect. I | Conceptual Approaches to Political Economy | 11 |
| | 2 | Primer in Political Economy / Bruce Pietrykowski | 13 |
| | 3 | Methodology of Radical Political Economics / Mathieu Carlson | 21 |
| | 4 | Feminist Political Economy: A Primer / Ellen Mutari | 29 |
| | 5 | Class and Evolution: An Institutionalist View / William M. Dugger | 36 |
| | 6 | Class and Evolution: A Marxian View / Howard J. Sherman | 42 |
| | 7 | Beyond Racist Capitalist Patriarchal Economics: Growing a Liberated Economy / Julie Matthaei | 48 |
| Sect. II | Capitalism's Dynamic Path: Accumulation and the Rate of Profit | 57 |
| | 8 | Rate of Profit and Stagnation in the U.S. Economy / Fred Moseley | 59 |
| | 9 | Global Relevance of Marxian Crisis Theory / Jonathan P. Goldstein | 68 |
| | 10 | Long Waves of Capitalist Development and the Future of Capitalism / Ismael Hossein-Zadeh | 78 |
| | 11 | On Transformational Growth: Interview with Edward J. Nell / Edward J. Nell, Steven Pressman | 86 |
| Sect. III | How we Live: Employment, Labor, and Income Distribution | 93 |
| | 12 | "Reserve Army of Labor" and the "Natural Rate of Unemployment": Can Marx, Kalecki, Friedman, and Wall Street All Be Wrong? / Robert Pollin | 95 |
| | 13 | Political Economy of Employment Inequality: Job Access and Day Differentials / Heather Boushey | 104 |
| | 14 | Falling Wages, Widening Gaps: U.S. Income Distribution at the Millennium / Chris Tilly | 114 |
| | 15 | Single, with Children: The Economic Plight of Single Mothers / Randy Albelda, Chris Tilly | 124 |
| | 16 | U.S. Labor Faces an Identity Crisis / George DeMartino | 130 |
| Sect. IV | Examining Money: Finance and Inflation | 137 |
| | 17 | Role of Credit and Commercial Banks in the Creation of Money: A Post-Keynesian Interpretation in the Circuitist Tradition / Louis-Philippe Rochon | 139 |
| | 18 | Hidden Inflation: An Estimate of the Cost-of-Living Inflation Rate / Jim Devine | 149 |
| | 19 | P-R-I-C-E of Full Employment in Monopoly Capitalism / Elmer P. Chase III | 158 |
| | 20 | Promise of Finance: Banks and Community Development / Carole Biewener | 166 |
| Sect. V | Global Political Economy | 175 |
| | 21 | What Do Undergrads Really Need to Know About Trade and Finance? / Matias Vernengo | 177 |
| | 22 | Rate of Profit in the Postwar Mexican Economy, 1950-1993 / Abelardo Marina, Fred Moseley | 184 |
| | 23 | Globalization, Technology, and Skill Formation in Capitalism / Cyrus Bina, Chuck Davis | 193 |
| | 24 | Capitalism and Industrialization in the Third World: Recognizing the Costs and Imagining Alternatives / David F. Ruccio | 203 |
| | 25 | Lessons from Economic Transition in Russia and China / David M. Kotz | 210 |
| | 26 | Asian Financial Crisis: What Went Wrong? / Ilene Grabel | 218 |
| | 27 | Roots of the Asian Financial Crisis: A Story of Export-Led Growth and Liberalized Capital Flows / Stephanie Seguino | 225 |
| | 28 | Mainstream Responses to the East Asian Crisis: A Radical Interpretation / Martin Hart-Landsberg, Paul Burkett | 236 |
| Sect. VI | Exploring Policy Questions: Theory and Applications | 245 |
| | 29 | Rise and Fall of the U.S. Welfare State / Anwar M. Shaikh, E. Ahmet Tonak | 247 |
| | 30 | Five Easy Pieces on the Economics of Tax Justice / Max B. Sawicky | 266 |
| | 31 | Why the Emperor Has No Clothes: The Neoclassical Case for Price Regulation / Ron Baiman | 275 |
| | 32 | Broadening the Concept of Pay Equity: Lessons for a Changing Economy / Deborah M. Figart, Heidi I. Hartmann | 285 |
| | 33 | Earned Income Tax Credit: What It Does and Doesn't Do / Robert Cherry, Gertrude Schaffner Goldberg | 294 |
| | 34 | Empty Bellies, Empty Promises: Welfare "Reform" in the Nineties / Kimberly Christensen | 302 |
| | 35 | U.S. Health Care System: A Reproduction Crisis / Jerome Joffe | 312 |
| | 36 | Political Economy of Social Security Reform in the United States / Teresa Ghilarducci | 321 |
| | Index | 331 |
| | About the Editors and Contributors | 347 |
