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Heterodox Economics 2

Alternative Analysis to the Mainstream "Blackboard Economics</I> Based on the Concept of "Creative Mental Labor</I>

Hasan Gürak

Heterodox Economics 2 consists of articles which are complementary to the subjects presented in the book titled Heterodox Economics, published in 2012. The aim is to present alternative economic approaches based on the concept of Creative Mental Labor that are intended to make a contribution to the emergence of a new economics. The analysis throughout the book is based upon the principle that the original source of all the value added to products (considering nature as a given), is the mental and physical inputs of labor that continuously create new technologies while at the same time making use of the available technologies.
Hasan Gürak, born in Istanbul, acquired an undergraduate degree with distinction in economics in 1977 from the University of Lund (Sweden). Besides working in the private sector he continued post-graduate studies in Sweden between 1977 and 1981. The author presented his PhD Thesis at the University of Istanbul in 1991. Once returned to Turkey permanently in 1993, he started a career as an academic. Presently he is engaged in academic research in the field known as Heterodox Economics, aiming to develop alternative theories and analyses in mainstream economics.