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Advancing the Frontiers of Heterodox Economics: Essays in Honor of Frederic S. Lee Edited by Tae-Hee Jo and Zdravka Todorova Series in the Routledge Advances in Heterodox Economics ISBN: 978-0-415-73031-0 (hardback), 358 pages, $160. August 2015, Routledge. (20% Discount code: FLR40) For more information visit:http://www .taylorandfrancis.com/books/details/9780415730310 Contents Foreword by Sheila C. Dow Foreword by John F. Henry Introduction: Frederic S. Lee’s contributions to heterodox...

Marx said that history does not repeat itself. But sometimes, history does. This may be particularly true in the domain of economics and economic knowledge. Economics is a complex subject. It is the study of a series of abstractions (markets, firms, governments) built upon abstractions (money) built upon abstractions (value), a great metaphysical muddle stacked up to the sky like a wobbly Jenga tower. At a simpler level, economics is the study of human behaviour, or as von Mises put it,...