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Policy Challenges in a Complex World brings together incisive contributions from radical and heterodox political economy. Across analyses of climate change, development, sovereign debt, financial instability, and labour markets, contributors move beyond technocratic fixes to reveal the class relations and global power structures that shape both problems and policies. This volume explores how inequality is not a side effect of crisis management, but a defining condition that constrains what policy can achieve.
Consistent with the intellectual tradition of Research in Political Economy, the volume advances rigorous class analysis while engaging a broad range of critical perspectives. Sharp, timely, and politically engaged, Policy Challenges in a Complex World offers scholars and students a framework for understanding - and challenging - the limits of policy in an unequal global economy.
Chapter 1. Introduction: Policy Challenges in a Complex World; Geoffrey E. Schneider and Matías Vernengo
Geoffrey E. Schneider is Charles P. Vaughan Chair in Economics and a Professor of Economics at Bucknell University, where he also serves as Affiliated Faculty in Critical Black Studies. Schneider’s research focuses on economic systems, development - particularly in Africa - and teaching and pedagogy.
Matías Vernengo is a Professor of Economics at Bucknell University and Director of the Bucknell Institute for Public Policy, with affiliations in Latin American Studies. He specializes in macroeconomics, international political economy, Latin American development, and the history of economic thought.