© 2006

Third Way Economics

Theory and Evaluation


Table of contents

  1. Front Matter
    Pages i-xv
  2. Philip B. Whyman
    Pages 1-25
  3. Philip B. Whyman
    Pages 26-54
  4. Philip B. Whyman
    Pages 55-88
  5. Philip B. Whyman
    Pages 89-111
  6. Philip B. Whyman
    Pages 112-128
  7. Philip B. Whyman
    Pages 129-145
  8. Philip B. Whyman
    Pages 146-163
  9. Philip B. Whyman
    Pages 164-213
  10. Philip B. Whyman
    Pages 214-239
  11. Back Matter
    Pages 240-283

About this book


The apparent success of a 'new' variant of social democracy has created considerable interest in the Third Way. This book synthesizes a core economic strategy from the most significant Third Way administrations. It explores the theoretical foundations to Third Way Economics , before evaluating its economic strategy against conclusions drawn from contemporary economics literature and the relative performance of contemporary left-of-centre governments. It additionally contrasts Third Way Economics with more traditional social democratic economic policy in adapting to the challenges posed by today's economy.


economic integration economic policy economics globalization integration John Maynard Keynes monetary policy strategy

Authors and affiliations

  1. 1.Heaton Norris, StockportUK

About the authors

PHILIP B. WHYMAN is Reader in Economics at the University of Central Lancashire, UK. Recent publications include The Impact of the Euro, Sweden and the 'Third Way', An Analysis of Economic Democracy Reforms in Sweden, Britain, the Euro and Beyond, The Left and EMU, British Trade Unions and EMU and Social Democracy and European Monetary Integration.

Bibliographic information

Industry Sectors
Finance, Business & Banking


'Whyman has done political economists a commendable service in writing this book and in a way that non-economists will readily understand. It is well researched and written, extensive in its indication of key literature in the field and succeeds in walking the reader through the minds of neoliberal, Keynesian and Third Way thinkers.' - Shawn Donnelly, Political Studies Review