Download or read book Capital Theory the Surplus Approach and Effective Demand written by Pierangelo Garegnani and published by Springer. This book was released on 2023-04-21 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a representative set of Pierangelo Garegnani’s (1930-2011) works on the theory of value and distribution. It features a selection of essays, chosen by Garegnani himself, concerning central aspects of his work: first and foremost, the continuation and development of Piero Sraffa's effort to elaborate an alternative to the dominance of marginalist thought on the theory of value and distribution. Garegnani articulates and extends Sraffa’s contribution in two directions: the critique of marginalist theory with respect to the treatment of capital, and the reappraisal of the surplus approach to distribution proper to classical political economy. In turn, these two strands of analysis are combined in Garegnani’s project to make the Keynesian principle of effective demand more robust and general by dropping the unnecessary elements of marginalism and linking it to the classical explanation of distribution. This book reveals how Garegnani’s contribution has advanced the degree of theoretical elaboration for several issues that fall within the developmental paths of economic analysis opened by Sraffa and Keynes. It begins with a comprehensive introduction in which Garegnani illustrates the conceptual path that links the contributions presented here. The starting point of this intellectual journey is Garegnani’s previously unpublished doctoral thesis ‘A Problem in the Theory of Distribution from Ricardo to Wicksell,’ prepared at the University of Cambridge under the supervision of Piero Sraffa and Maurice Dobb, which is followed by various essays selected by Garegnani on the critique of marginalist theories, the classical approach to value and distribution, and the role of aggregate demand for the long-run trends of output and capital accumulation. The book is a must-read for all scholars interested in the resumption and development of the classical approach, as well as economic theory in general, and the history of economic thought.
Download or read book Capital Distribution and Effective Demand written by Heinz-Dieter Kurz and published by Wiley-Blackwell. This book was released on 1990-01 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Capital Distribution and Effective Demand written by Heinz D. Kurz (Wirtschaftswissenschaftler) and published by . This book was released on 1990 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Value Distribution and Capital written by Gary Mongiovi and published by Routledge. This book was released on 2005-09-27 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores some of the most important themes in neo-Ricardian economics. It explores the many contributions of Pierangelo Garengnani to modern economics, including his work in capital theory, the theory of effective demand and stability analysis. Contributors include Paul Samuelson, John Eatwell, Murray Milgate, Edward Nell, Alessandro Roncaglia and Ian Steedman.
Download or read book Profits in Economic Theory written by Michael Charles Howard and published by London : Macmillan. This book was released on 1983 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economic Surplus in Advanced Economies written by John Bryan Davis and published by . This book was released on 1992 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The theory of monopoly capital is central to adequate analysis of accumulation and stagnation in advanced capitalist economies. This text presents recent discussions of monopoly capitalism to emphasize the centrality and vitality of this tradition in the modern political economy.
Download or read book Distribution Effective Demand and International Economic Relations written by J. A. Kregel and published by Springer. This book was released on 1983-09-08 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Sraffa and the Reconstruction of Economic Theory Volume Three written by E. Levrero and published by Springer. This book was released on 2013-12-16 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book accounts for the work done around the two central aspects of Piero Sraffa's contribution to economic analysis, namely the criticism of the neoclassical theory of value and distribution and the construction of economic theory along the lines of the Classical approach.
Download or read book The Meaning and Validity of Economic Theory written by Leo Rogin and published by . This book was released on 1971 with total page 724 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The General Theory of Employment Interest and Money written by John Maynard Keynes and published by . This book was released on 1989 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Theory of Value and Distribution in Economics written by Pierangelo Garegnani and published by Routledge. This book was released on 2012 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new volume explores two alternative economic theories - the classical theory and the marginalist or neoclassical theory- through a discussion between two eminent economists, Pierangelo Garegnani and Paul Samuelson. The key themes of the volume are the difference in approaches to the explanation of the distribution of income and relative prices, and therefore different approaches to all other economic problems, in particular capital accumulation and economic growth. The book discusses whether there is a 'classical' approach to the theory of value and distribution at the core of economic theory that is fundamentally different from the later marginalist or neoclassical theory. In the volume, the late Pierangelo Garegnani argues for the validity of Piero Sraffa's position on this issue, whilst the late noble laureate Paul Samuelson vehemently contests it. At a time of economic crisis, the future of the discipline is far from certain, and so it is extremely important to bring these debates back into the light, by reproducing them together for the first time. A comprehensive introduction by Heinz Kurz sets the debate in this context, and provides crucial background to the arguments.
Download or read book The General Theory of Employment Interest and Money written by John Maynard Keynes and published by Springer. This book was released on 2018-07-20 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book was originally published by Macmillan in 1936. It was voted the top Academic Book that Shaped Modern Britain by Academic Book Week (UK) in 2017, and in 2011 was placed on Time Magazine's top 100 non-fiction books written in English since 1923. Reissued with a fresh Introduction by the Nobel-prize winner Paul Krugman and a new Afterword by Keynes’ biographer Robert Skidelsky, this important work is made available to a new generation. The General Theory of Employment, Interest and Money transformed economics and changed the face of modern macroeconomics. Keynes’ argument is based on the idea that the level of employment is not determined by the price of labour, but by the spending of money. It gave way to an entirely new approach where employment, inflation and the market economy are concerned. Highly provocative at its time of publication, this book and Keynes’ theories continue to remain the subject of much support and praise, criticism and debate. Economists at any stage in their career will enjoy revisiting this treatise and observing the relevance of Keynes’ work in today’s contemporary climate.
Download or read book Growth Distribution and Effective Demand Alternatives to Economic Orthodoxy written by George Argyrous and published by Routledge. This book was released on 2019-06-21 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growth, Distribution, and Effective Demand presents original essays on a variety of topics in theoretical and applied economics. The book honors the work of Edward J. Nell and develops interconnected themes that run through the modern Post-Keynesian tradition. The first part deals with the fundamental idea that economic growth is demand-driven, with special attention to policy ramifications. The second theme concerns the connection between economic growth and the structural characteristics of a market economy. These issues are closely linked to a critical tradition that calls into question key elements in orthodox economics. The final part of the book aims to buttress non-orthodox approaches to growth and distribution by critiquing particular aspects of the conventional theory, by elaborating neglected themes in non-orthodox theory, or by exploring some overlooked methodological ideas.
Download or read book The General Theory of Transformational Growth written by Edward J. Nell and published by Cambridge University Press. This book was released on 2005-11-24 with total page 816 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the past century, economic analysis has been wedded to the idea of equilibrium, in spite of the evident fact that most economic relationships are in flux. The theory of transformational growth in this work replaces equilibrium with history. The role of the market is not to allocate resources, but to generate innovations, which are "selected" by competition in an evolutionary process. These innovations in turn change the way markets work and how they adjust, thus creating new problems and new kinds of pressures to innovate. The core relationships provide the foundations for a theory of monetary circulation, which makes possible a revised Keynesian approach, based on Classical foundations.
Download or read book Reinterpreting Mr Keynes written by Warren Young and published by Springer Nature. This book was released on 2022-01-19 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the origins of the IS-LM model, one of the most significant innovations in the history of economic thought. It shows that the complete IS-LM model, including the equations and diagram, was produced by a group of economists who contributed their respective mathematical models of Keynes’s General Theory, including Champernowne, Reddaway, Harrod, and Meade, not to mention Hicks. Furthermore, the book discusses the implications of newly discovered archival material, including a previously overlooked document showing that John Maynard Keynes himself was the first to present the IS-LM model equations in a lecture he gave on December 4, 1933. It focuses on the implications of this material in terms of understanding the evolution of Keynes’s approach from 1933 to 1937, later interpreters of his General Theory, and the ongoing debate between Keynesians and Post-Keynesians on the nature of his system. Given the revelations it presents, this book will transform the profession’s understanding of the origins of the IS-LM model and modern macroeconomics.
Download or read book Effective Demand And Income Distribution written by Marc Jarsulic and published by Routledge. This book was released on 2019-03-06 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considering ideas from various economic paradigms, namely post-Keynesian, neo-Ricardian, and neo-Marxian, this book discusses the importance of money to Keynes's analysis of effective demand and income distribution. It also considers the connections between relative prices and income distribution.
Download or read book Transformational Growth and Effective Demand written by Edward J. Nell and published by Springer. This book was released on 1991-12-01 with total page 698 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection of essays which develop Professor Nell's economic theory of transformational growth. The author's previous titles include "Free Market Conservatism: A Critique of Theory and Practice" and "Beyond the Steady State: A Revival of Growth Theory".
