Download or read book General Overproduction written by Hans Neisser and published by . This book was released on 19?? with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book General Overproduction written by Hans Neisser and published by . This book was released on 2013-10 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a new release of the original 1934 edition.
Download or read book General and Periodic Crises of Overproduction written by Jean Lescure and published by Anthem Press. This book was released on 2023-11-14 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: Jean Lescure’s two-volume General and Periodic Crises of Overproduction is a pioneering study of the causes and consequences of industrial crises in capitalist economies in the nineteenth and early twentieth centuries. The author, who held doctorates in political economy and law, is most remembered as a founder of the French historical school and a staunch advocate of empiricism in the economic sciences. Lescure called his approach the ’complex historical method’, by which he sought to revise classical and quantitative economic theory through the historical analysis and statistical observation of cyclical phenomena. Ever the controversialist, Lescure wrote in an engaging style, accessible to non-specialists and economists alike, and critiqued the leading monetary theorists of the period, insisting that observation of the movements in production costs, industrial orders and profits be given priority over circulation and credit in understanding the periodic crises of capitalist economies. In Lescure’s view, crises were inevitable in both market and command economies and their onset and consequences were predictable with the help of the more detailed production statistics newly available to economists and entrepreneurs at the time. Observation of corporate profits, the margin between cost price and selling price, provided the means to predict crises and measure their impact, not only on industry and trade but also on the working classes who would endure unemployment and the many social ills that accompany it. Lescure, unlike many of the liberal economists of the time, was always careful to include in his historical account statistical analysis of unemployment figures, as well as those on crime, marriage and birth rates, homelessness and suicide. Although he remained sceptical of government intervention in the form of monetary policies adjusting the money supply, and lauded the success of industrial concentration and trusts in reducing costs and prices, Lescure admitted the state’s role in the recovery of the 1930s, when social insurance schemes and investment in public works mitigated the worst effects of unemployment for industrial labour. This treatise, which grew out of his doctoral work, was a lifetime project for Lescure, who updated it periodically over five editions, to include each new cycle of growth, crisis, depression and recovery. Volume one provides a historical study of economic crises from the post-Napoleonic period through the Great Depression and the recovery of the late 1930s. Volume two offers a critique of the theories of crises, their causes and potential remedies, in which Lescure outlines his preference for ‘organic’ theories that focus on the production process and qualitative statistical observation of the movements in costs, selling prices, industrial orders and profits. The text of the fifth edition appears here in English for the first time, unabridged and complete with editorial materials designed to help the English reader understand the work on its own terms and situate its author’s prominent place in the history of economic thought.
Download or read book General and Periodic Crises of Overproduction written by Jean Lescure and published by Economic Ideas That Built Euro. This book was released on 2023-11-07 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book John Stuart Mill written by John Cunningham Wood and published by Taylor & Francis. This book was released on 1991 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Theory of Accumulation written by Nobuo Okishio and published by Springer Nature. This book was released on 2022-01-18 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book treats the mechanisms of growth and cycles in capitalist economies in a unified manner, incorporating a highly original macro-dynamic theory based on Marxian micro-foundations and historical perspectives. That theory was developed about 50 years ago by Nobuo Okishio (1927–2003) and included the ideas of Keynes and Harrod. In mainstream economics, it used to be standard to analyse long-term economic growth and business cycles in different frameworks. That approach has been changing recently, but it still tends to be common to discuss them separately. At the outbreak of the global financial crisis of 2007–2008 and the prolonged stagnation that followed, there was strong criticism among policymakers and businesspeople that mainstream macroeconomics failed to provide convincing explanations and effective policy recommendations. This book offers an alternative perspective that responds to those criticisms. All these macroeconomic difficulties call for new wisdom beyond the limited neoclassical framework. The sharp, wise thoughts of Okishio will add new tools for young researchers worldwide to meet the challenges of the current resource misallocation, the Great Recession and the Lost Decades problems. Okishio proposes a historical perspective for the capitalist system, first. He argues that production relations are conditioned by productive force. The former should evolve as the latter improves, and the latter should evolve in order for human society to survive. While reproduction is indispensable for the economy to continue in any production relations, it takes a specific form in capitalist economy. He next shows that the existence of profit requires the exploitation of the labourer. This is called the Fundamental Marxian Theorem. He also shows a trade-off relationship between the real wage rate and the profit rate. In his theory, the real wage rate is determined to clear commodity markets in the short run as in the Keynesian theory, while Marx believed that the real wage rate is given at subsistence level or is influenced by the labour market. Okishio attributes the origin of the business cycle to labourers’ under-consumption and private capitalists’ dispersive decision of accumulation. The former is caused by exploitation, and the latter is based on the capitalist class’s private ownership of the means of production. Both are derived from the nature of the capitalist economy. He argues lastly that, in the long term, the development of productive force through the business cycle will transform the production relation into a new economic system.
Download or read book The Age of Oversupply written by Daniel Alpert and published by Penguin. This book was released on 2014-08-26 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governments and central banks across the developed world have tried every policy tool imaginable, yet our economies remain sluggish or worse. How did we get here, and how can we compete and prosper once more? Daniel Alpert argues that a global labor glut, excess productive capacity, and a rising ocean of cheap capital have kept the Western economies mired in underemployment and anemic growth. We failed to anticipate the impact of the torrent of labor and capital unleashed by formerly socialist economies. Many policymakers miss the connection between global oversupply and the lack of domestic investment and growth. But Alpert shows how they are intertwined and offers a bold, fresh approach to fixing our economic woes. Twitter: @DanielAlpert
Download or read book Malthus Across Nations written by Gilbert Faccarello and published by Edward Elgar Publishing. This book was released on 2020-04-24 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: The writings of Thomas Robert Malthus continue to resonate today, particularly An Essay on the Principle of Population which was published more than two centuries ago. Malthus Across Nations creates a fascinating picture of the circulation of his economic and demographic ideas across different countries, highlighting the reception of his works in a variety of nations and cultures. This unique book offers not only a fascinating piece of comparative analysis in the history of economic thought but also places some of today’s most pressing debates into an accurate historical perspective, thereby improving our understanding of them.
Download or read book Austrian School Business Cycle Theory written by Robert Wenzel and published by Lulu.com. This book was released on 2014-06-24 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: An important analysis of business cycle theory, what causes economic booms and busts and what options are available to combat them.
Download or read book Investigation of Communist Propaganda written by United States. Congress. House. Special Committee on Communist Activities in the United States and published by . This book was released on 1930 with total page 1596 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Theory in Retrospect written by Mark Blaug and published by Cambridge University Press. This book was released on 1997-03-27 with total page 756 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, first published in 1997, is a history of economic thought from Adam Smith to John Maynard Keynes.
Download or read book Development of Economic Analysis written by Ingrid H. Rima and published by Routledge. This book was released on 2003-10-04 with total page 936 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Development of Economic Analysis traces the development of economic theory from Plato through to contemporary thought. All the major movements are covered and presented here in six chronological parts. The text includes a number of practical features: * a 'family tree' at the beginning of each section, illustrating how the key streams and people connect and develop, accompanied by a list of key publications for that period * integrated selections of readings from the major works enable reference to original sources * The subject matter is divided to allow individual users to follow their preferences. The text also includes guidelines for use on a one semester course. * Each part ends with a summary and questions to discuss, along with glossaries and suggestions for further reading The result is a valuable aid to the study of economic thought and encourages students to examine the relevance to contemporary theory.
Download or read book The Review of Economic Statistics written by and published by . This book was released on 1927 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Review of Economics and Statistics written by and published by . This book was released on 1927 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of the Review is to promote the collection, criticism, and interpretation of economic statistics, with a view to making them more accurate and valuable than they are at present for business and scientific purposes.
Download or read book The New Encyclopedia of Social Reform written by William Dwight Porter Bliss and published by . This book was released on 1910 with total page 1340 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Lectures on the Mathematical Method in Analytical Economics written by Jacob T. Schwartz and published by Courier Dover Publications. This book was released on 2018-11-14 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: An early but still useful and frequently cited contribution to the science of mathematical economics, this volume is geared toward graduate students in the field. Prerequisites include familiarity with the basic theory of matrices and linear transformations and with elementary calculus. Author Jacob T. Schwartz begins his treatment with an exploration of the Leontief input-output model, which forms a general framework for subsequent material. An introductory treatment of price theory in the Leontief model is followed by an examination of the business-cycle theory, following ideas pioneered by Lloyd Metzler and John Maynard Keynes. In the final section, Schwartz applies the teachings of previous chapters to a critique of the general equilibrium approach devised by Léon Walras as the theory of supply and demand, and he synthesizes the notions of Walras and Keynes. 1961 edition.
Download or read book Karl Marx s Economics written by John Cunningham Wood and published by Psychology Press. This book was released on 1987 with total page 640 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first 4 volumes of an 8 volume re-issue of Karl Marx's key essays in the economics arena, these titles also cover newer controversies in Marxian economics, such as reinterpretations by Sraffa and Roemer.
