Bernard Lonergan’s economic writings span 40 years and represent the most important intellectual achievements with the twentieth century. Unfortunately they’ve been inaccessible outside in the Lonergan research community the majority of them weren’t formally published, and exist only like a group of unfinished essays and material for courses on economics taught by Lonergan. The publication of For a New Political Economy, and its companion volume, Macroeconomic Dynamics: An Essay in Circulation Analysis (Collected Works of Bernard Lonergan, Volume 15), seeks to remedy this by joining together the various aspects of Lonergan’s economic thought.
Lonergan’s thought of economics differs radically from that surrounding contemporary economists and represent an important paradigm shift. He requires a fresh take a look at fundamental variables and breaks from centralist theory and employ, offering a uniquely democratic perspective on surplus income and non-political control.
For a New Political Economy is often a collection of drafts, notes, and essays provided by Lonergan inside 1940s on various elements of economics. This volume supplies the intellectual underpinnings of ideas more fully explored in Macroeconomic Dynamics.
Bernard Lonergan (1904-1984), a professor of theology, taught at Regis College, Harvard University, and Boston College. An established author famous for his Insight and Method in Theology, Lonergan received numerous honorary doctorates, would have been a Companion from the Order of Canada in 1971 and was named as a possible original members from the International Theological Commission by Pope Paul VI.