For A New Political Economy

Bernard Lonergan's economic writings span forty years and represent one of the most important intellectual achievements of the twentieth century. Unfortunately they have been inaccessible outside of the Lonergan research community as the majority of them have not been formally published, and exist only as a group of unfinished essays and material for courses on economics taught by Lonergan. For a New Political Economy, along with its companion volume Macroeconomic Dynamics: An Essay in Circulation Analysis (Collected Works of Bernard Lonergan, Volume 15), seek to remedy this by bringing together the various elements of Lonergan's economic thought.

Lonergan's economic ideas track a different line of thought than that taken by contemporary economics and represent a major paradigm shift. His analysis takes a fresh look at fundamental variables and breaks from centralist theory and practice towards a radically democratic perspective on surplus income and non-political control.

For a New Political Economy is a group of drafts, notes, and essays written by Lonergan in the 1940s on various aspects of economics. This volume provides the intellectual underpinnings for ideas more fully explored in Macroeconomic Dynamics.