Download or read book Conflict and Effective Demand in Economic Growth written by Peter Skott and published by Cambridge University Press. This book was released on 1989-12-07 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: All capitalist economies experience fluctuations in employment and economic activity around a long-term growth rate. How is this cyclical pattern of growth to be explained? Are the causes of fluctuations in output and employment to be found outside the system or are they intrinsic to the system? Will the long-term growth rate correspond to the growth of the labour force? It is the search for answers to these questions which motivates Peter Skott's analysis.
Download or read book Capitalism written by Anwar Shaikh and published by Oxford University Press. This book was released on 2016-01-15 with total page 1019 pages. Available in PDF, EPUB and Kindle. Book excerpt: Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself. Most heterodox economists seize on this fact and insist that the world is characterized by imperfect competition. But this only ties them to the notion of perfect competition, which remains as their point of departure and base of comparison. There is no imperfection without perfection. In Capitalism, Anwar Shaikh takes a different approach. He demonstrates that most of the central propositions of economic analysis can be derived without any reference to standard devices such as hyperrationality, optimization, perfect competition, perfect information, representative agents, or so-called rational expectations. This perspective allows him to look afresh at virtually all the elements of economic analysis: the laws of demand and supply, the determination of wage and profit rates, technological change, relative prices, interest rates, bond and equity prices, exchange rates, terms and balance of trade, growth, unemployment, inflation, and long booms culminating in recurrent general crises. In every case, Shaikh's innovative theory is applied to modern empirical patterns and contrasted with neoclassical, Keynesian, and Post-Keynesian approaches to the same issues. Shaikh's object of analysis is the economics of capitalism, and he explores the subject in this expansive light. This is how the classical economists, as well as Keynes and Kalecki, approached the issue. Anyone interested in capitalism and economics in general can gain a wealth of knowledge from this ground-breaking text.
Download or read book Growth Distribution and Innovations written by Amit Bhaduri and published by Routledge. This book was released on 2007-03-14 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: Idea for those studying advanced macroeconomic and written by a widely published author, this book outlines a new and more fruitful way of understanding, analyzing and formally modelling economic growth. In his series of lectures, collected here in one concise and engaging book, Amit Bhaduri draws on contemporary issues such as the role of competition policy, labour market flexibility and intellectual property rights regime in influencing the rate of economic growth to sketch an alternative approach to mainstream growth theory. He explores: the role of division of labour innovation and market structure according to Smith, Marx and Schumpter the role of class distribution of income according to Ricardo the principles of effective demand according to Keynes and Kalecki. It is an invaluable tool for anyone engaged with growth and distribution theory and technical innovation, as well as taking advanced macroeconomics.
Download or read book Conflict Demand and Economic Development written by Deepankar Basu and published by Taylor & Francis. This book was released on 2020-11-26 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a comprehensive overview of three key areas: heterodox macroeconomics, development economics and classical political economy. It offers an alternative macroeconomic framework to analyse policies with an emphasis on issues of equity and justice. With contributions by leading economists from across the world, it examines the growth and distribution of income; trade and finance in developing countries; classical political economy and Marxist theory; dualism in the US economy; economic crisis; and agrarian economy in poor countries. It explores themes such as the effect of an exogenous shock to wage share; Harrodian instability and Steindlian solutions; economics and politics of social democracy; the role of power in the macroeconomy; economic development through the promotion of domestic value chains; and reflections on primitive accumulation. Going beyond the neo-classical tradition, the volume opens up a new vista of economics by discussing unexplored questions. It provides a refreshing treatment of time-tested ideas as well as discussions of recent developments and current research. A major intervention in heterodox macroeconomics and a tribute to macroeconomist Amit Bhaduri, this book will be useful to scholars and researchers of economics, political economy, development studies, sociology, political science, public administration, economic theory, economic history, economic geography and critical studies, as well as professionals, economists and policymakers.
Download or read book Structuralist and Behavioral Macroeconomics written by Peter Skott and published by Cambridge University Press. This book was released on 2023-08-31 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book presents an empirically grounded alternative to prevailing macroeconomic orthodoxy. Using evidence from behavioral economics and insights from Keynesian and institutionalist traditions, it is essential reading for graduate students, researchers and professional economists who have become critical of graduate-level macroeconomic theory"--
Download or read book The Economics of Conflict written by Karl Erik Wärneryd and published by MIT Press. This book was released on 2014-03-07 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern economics has largely ignored the issue of outright conflict as an alternative way of allocating goods, assuming instead the existence of well-defined property rights enforced by an undefined third party. And yet even in ostensibly peaceful market transactions, conflict exists as an outside option, sometimes constraining the outcomes reached through voluntary agreement. In this volume, economists offer a crucial rational-choice perspective on conflict, using methodological approaches that range from the game theoretic to the experimental. This text uses the recently developed contest success function to model conflict, examining such topics as alliance formation, regional conflicts under fiscal federalism, coups d'etat in developing countries, and the correlation between conflict and economic growth in Bolivia. This text also considers subjects that include the link between occupational choices and antigovernment activity in Afghanistan, social unrest and the IMF's Structural Adjustment Program, and the effect of Tajikistan's civil war on ex-combatants' capacity for trust and cooperation. This text shows that economics needs a theory of conflict to understand both outright conflict and transactions in the shadow of conflict. It also shows that the study of conflict also needs the rigorous, methodology-based perspectives of economics.
Download or read book Studies in Conflict Economics and Economic Growth written by Göran Lindgren and published by Department of Peace and Conflict Research Uppsala Univeristy. This book was released on 2006 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economics of Demand led Growth written by Mark Setterfield and published by Edward Elgar Publishing. This book was released on 2002 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists from Europe, North America, and Australia challenge the notions that demand has only a transitory impact on the utilization of resources; and that the development of resources, and hence of potential output, over time is independent of demand. They argue instead that the role of demand in influencing the utilization of productive resources is chronic, and that there is no supply- determined equilibrium acting as a center of gravity toward which the level of economic activity is inevitably and inexorably drawn. The natural rate of growth, they conclude, is ultimately endogenous to the demand-determined actual rate of growth. Annotation copyrighted by Book News, Inc., Portland, OR
Download or read book Endogenous Economic Growth written by Amit Bhaduri and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This new approach incorporates on the demand side the problem of effective demand and unemployment, while rejecting on the supply side the oversimplistic use of a production function, with or without capital-labour substitution. The focus on the adoption and diffusion of labour productivity growth permits viewing supply as being driven endogenously by inter-class conflict over distribution as well as inter-class conflict among rival firms over market shares. The result is a race between growth rates in labour productivity and in the real wage rate, which drives demand and productivity growth on the one hand, while making wage share reasonably constant on the other. The existence and stability properties of the steady state are also examined.
Download or read book Economics of Rivalry Conflict and Cooperation written by Partha Gangopadhyay and published by World Scientific. This book was released on 2011 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents a study of the dynamics of rivalry, evolution of costly and violent conflicts, and potential cooperation among powerful players. This work is suitable for those interested in some of the pressing problems of the global system, such as intra-national and interethnic conflicts, climate change challenges, poverty and terrorism.
Download or read book Effective Demand Class Struggle and Cyclical Growth written by P. Skott and published by . This book was released on 1985 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Path Dependency and Macroeconomics written by P. Arestis and published by Springer. This book was released on 2009-10-09 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This fifth volume in the International Papers in Political Economy (IPPE) series focuses on the theme of path dependency and macroeconomics in terms of both theory and applications. The volume examines how path dependency is linked with notions of fundamental uncertainty, non-ergodicity and hysteresis.
Download or read book Proceedings of the 8th International Conference on Financial Innovation and Economic Development ICFIED 2023 written by Yushi Jiang and published by Springer Nature. This book was released on 2023-05-13 with total page 838 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access book.Financial globalization plays a huge role in promoting the development of the world economy and the optimal allocation of world resources, stimulates the accelerated development of the international division of labor, and increases the international flow of production factors such as industrial transfer, capital transfer, and technology transfer. It enables developing countries to make up for the lack of their own capital and technology, and obtain industrial evolution, technological progress, and institutional innovation, thereby accelerating the speed of economic development; it also enables developed countries to open up cheap labor, raw material markets and broad consumer markets, prolonging product value. More profits, ease the economy, the contradiction of stagflation, and restore economic growth. The 8th International Conference on Financial Innovation and Economic Development (ICFIED 2023) aims to accommodate this need, as well as to: 1. provide a platform for experts and scholars, engineers and technicians in the field of financial Innovation and economic development to share scientific research achievements and cutting-edge technologies 2. Understand academic development trends, broaden research ideas, strengthen academic research and discussion, and promote the industrialization cooperation of academic achievements 3. Promote the institutionalization and standardization of Financial Innovation and Economic Development through modern research 4. Increasing the number of scientific publications for financial Innovation and economic development
Download or read book Supply Shock written by Brian Czech and published by New Society Publishers. This book was released on 2013-04-26 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: Politicians, economists, and Wall Street would have us believe that limitless economic expansion is the Holy Grail, and that there is no conflict between growing the economy and protecting the environment. Supply Shock debunks these widely accepted myths and demonstrates that we are in fact navigating the end of the era of economic growth, and that the only sustainable alternative is the development of a steady state economy. Starting with a refreshingly accessible, comprehensive critique of economic growth, the author engages readers in an enormous topic that affects everyone in every country. Publisher's Weekly favorably compared Czech to Carl Sagan for popularizing their difficult subjects; Supply Shock shows why. Czech presents a compelling alternative to growth based on keen scientific, economic, and political insights including: The "trophic theory of money" The overlooked source of technological progress that prevents us from reconciling growth and environmental protection Bold yet practical policies for establishing a steady state economy. Supply Shock leaves no doubt that the biggest idea of the 20th century – economic growth – has become the biggest problem of the 21st. Required reading for anyone concerned about the world our children and grandchildren will inherit, this landmark work lays a solid foundation for a new economic model, perhaps in time for preventing global catastrophes; certainly in time for lessening the damages.
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 Principles of Conflict Economics written by Charles H. Anderton and published by Cambridge University Press. This book was released on 2019-04-25 with total page 527 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides comprehensive, up-to-date coverage of the key themes and principles of conflict economics.
Download or read book Food Security in an Uncertain World written by Andrew Schmitz and published by Emerald Group Publishing. This book was released on 2015-12-15 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: International trade agreements are central to food security. Food security and poverty are also linked. Even with increased productivity, problems attached to food security cannot be solved without significant changes in income distribution.
