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Title: The ABC's of Political Economy: A Modern Approach by Robin Hahnel ISBN: 0-7453-1857-6 Publisher: Pluto Press (UK) Pub. Date: 24 January, 2003 Format: Paperback Volumes: 1 List Price(USD): $19.95

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Average Customer Rating: 4.67 (3 reviews)

Rating: 4
Summary: geared towards me?
Comment: This book is a good introduction to political economy for people like myself who have little previous knowledge of the subject. Its both very informative and very accessible. I would definitely recommend at least attempting to read through the chapters containing models for those who might be a little adverse to doing some math. On the other hand, Hahnel is right when he says you don't have to read them to understand the rest of the book.

Although I have only taken a couple of econ courses in college, I've taken a great deal of math and I was still a little confused by how some of the computations were written out. I actually found it easier to sort of skip the written computations and work backwards from the solutions/conclusions to understand them.

The only other issues I have with the book is that it can be redundant at times and Hahnel used enough double negatives for me to take notice.

On the whole, a good introduction. I am however tempted to read Capitalism and Freedom or some other conservative econ book to determine how salient Hahnel's arguments really are.

Rating: 5
Summary: Great for Debunking Right-Wing Economics Myths
Comment: Especially recommended for those who have no previous background in economics.

Rating: 5
Summary: clear alternative to mainstream economics
Comment: Want to know why markets not only have
inequitable results but are also
systematically inefficient? Providing
a clear answer to questions like this
is the strong point of the book.

Several of the chapters use very simple
game theory models to explain things
like the "unequal exchange" that
keeps the global south impoverished
despite foreign investment and trade.
The final chapter, on the economics
of "equitable cooperation," provides a succint
statement of some anti-capitalist
programmatic ideas.

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