The 12 chapters presented here by Leclaire (economics and finance, Buffalo State College), Jo (economics, Buffalo State College), and Knodell (economics, U. of Vermont) are "heterodox" in their
approach to the 2008 financial crisis and the need for reform primarily in the way they reject the supposed rationality of markets promoted by the late Milton Friedman and his many acolytes in
the field and in recognizing the inherent instability of markets hypothesized by Hyman Minsky (although Minsky is not the only influence to be found in these pages, whose authors also build on
the work of such figures as John Maynard Keynes, Karl Marx, and Thorstein Veblen, to name a few). The papers address the history and political economy of the financial crisis and the
implications of the crisis for economic theory. Annotation 穢2011 Book News, Inc., Portland, OR (booknews.com)
