Faculty member Jamee Moudud edits "unorthodox" book of economics

Two competing assumptions about the relationship between the nature of markets and economic policy have dominated the history of policymaking, says Jamee K. Moudud, a member of the Economics faculty at Sarah Lawrence College and principal editor of Alternative Theories of Competition: Challenges to the Orthodoxy, published by Routledge (2012). Advocates of laissez faire have historically based their policies on a supposed perfectly competitive market while opponents of such policies have generally claimed that markets are imperfectly competitive.

Alternative Theories of Competition, co-edited with Cyrus Bina of the University of Minnesota-Morris and Patrick L. Mason of Florida State University, raises questions about this orthodox dichotomy between "perfect" and "imperfect" business competition. By drawing on the insights of several important authors in the history of political economy the authors in this book challenge the "perfect" versus "imperfect" competition dichotomy in both theoretical and empirical terms.

Moudud was recently named associate editor of Review of Keynesian Economics. His articles on the state, competition, development, and growth have been published in the International Journal of Political Economy, Research on Money and Finance, Comparative Studies in South Asia, Africa, and the Middle East, African and Asian Studies, International Encyclopedia of the Social Sciences, Challenge, and Encyclopedia of International Political Economy. His book, Strategic Competition, Dynamics, and the Role of the State: a New Perspective, was published in 2010 by Edward Elgar as part of its New Directions in Economics series. He is currently working on his next book (with C. Bina), International Economics: An Encyclopedia of Global Trade, Capital, Labor, Technology, and Innovation, which will be published by Greenwood Press in 2014.