• Business & Economics

Capital and Credit

A New Formulation of General Equilibrium Theory
Author: Michio Morishima
Publisher: Cambridge University Press
ISBN: 9780521466387
Category: Business & Economics
Page: 226
View: 6910
Contemporary general equilibrium theory is characteristically short-run, separated from monetary aspects of the economy, and as such does not deal with long-run problems such as capital accumulation, innovation, and the historical movement of the economy. These phenomena are discussed by growth theory, which being short term, cannot deal with the fundamental problem of how the production function is derived. This book provides a much-needed synthesis of growth and monetary theory, drawing on the work of Schumpeter, Keynes and the prewar neoclassical economists to formulate a capital-theoretic general equilibrium theory.

    • Business & Economics

Handbook on the History of Economic Analysis Volume I

Great Economists Since Petty and Boisguilbert
Author: Gilbert Faccarello,Heinz D. Kurz
Publisher: Edward Elgar Publishing
ISBN: 1785366645
Category: Business & Economics
Page: 816
View: 4252
Volume I contains original biographical profiles of many of the most important and influential economists from the seventeenth century to the present day. These inform the reader about their lives, works and impact on the further development of the discipline. The emphasis is on their lasting contributions to our understanding of the complex system known as the economy. The entries also shed light on the means and ways in which the functioning of this system can be improved and its dysfunction reduced.

    • Business & Economics

The General Theory

Volume 2 Overview, Extensions, Method and New Developments
Author: G. C. Harcourt,P. A. Riach
Publisher: Routledge
ISBN: 1134824157
Category: Business & Economics
Page: 456
View: 8655
This second volume contains essays which relate to developments in Keynes' scholarship and theorizing in the years since his death and demonstrates the ongoing validity of the Keynesian tradition.

    • Business & Economics

The Making of a Post-Keynesian Economist

Cambridge Harvest
Author: G. C. Harcourt
Publisher: Palgrave Macmillan
ISBN: 0230284698
Category: Business & Economics
Page: 273
View: 3961
"The Making of a Post-Keynesian Economist: Cambridge Harvest gathers up the threads of the last decade of the author's 28 years in Cambridge. The essays include autobiography, theory, review articles, surveys, policy, intellectual biographies and tributes, and general essays"--

    • Law

The New Palgrave Dictionary of Economics


Author: NA NA
Publisher: Springer
ISBN: 1349588024
Category: Law
Page: 7300
View: 6975
The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.

    • Political Science

Foundations for New Economic Thinking

A Collection of Essays
Author: S. Dow
Publisher: Springer
ISBN: 1137000724
Category: Political Science
Page: 263
View: 4125
New economic thinking is in demand in the light of the recent economic crisis. This book equips the reader with a better understanding of current ways of thinking as well as an awareness of other possibilities, providing the foundations for debate in theory and methodology alongside practical implications for policy.

    • Business & Economics

The General Theory of Employment, Interest, and Money


Author: John Maynard Keynes
Publisher: Springer
ISBN: 3319703447
Category: Business & Economics
Page: 404
View: 9780
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.



    • Business & Economics

Ricardo's Economics

A General Equilibrium Theory of Distribution and Growth
Author: Michio Morishima
Publisher: Cambridge University Press
ISBN: 9780521396882
Category: Business & Economics
Page: 264
View: 5122
Together with Marx's Economics and Walras' Economics this book completes a sequence by Professor Morishima on the first generation of scientific economists. The author concentrates on Ricardo's main work, The Principles, and shows that his economics is the prototype of mathematical economics without the symbols and formulae. Morishima then translates Ricardo's economics into mathematical language to find a general equilibrium system concealed within. The analysis contradicts the conventional view that marginalism emerged in opposition to classical economics, showing instead that Ricardian analysis is firmly based on marginalist principles, using prices, wages, and profits rather than labor values. The book ends with a discussion of the historical character of economic theory and an attempt to specify the epoch of Ricardian economics.

    • Business & Economics

Capitalism, Socialism, and Post-Keynesianism

Selected Essays of G.C. Harcourt
Author: Geoffrey Colin Harcourt
Publisher: Edward Elgar Publishing
ISBN: N.A
Category: Business & Economics
Page: 247
View: 4230
. . . its essays deepen our understanding of the ideas of one of the greatest historians of economic thought of our era. Harcourt has become heterodox theory s genealogist; analytical, generous of spirit, and good-humored, he has seemingly single-handedly maintained lines of communication and dialogue among heterodox economists. This volume is especially valuable because Harcourt s own ideas about heterodox theory come through rather more clearly than in past writings. . . . heterodox economists seeking to dispel rumors of the demise of Keynes and Marx in economic discourse would do well to consult this. Gary Dymski, Review of Radical Political Economics The career of Geoffrey C. Harcourt has many facets not only because he is indefatigable, friendly and unusually courteous. . . but because he has become of that rare breed, a teacher s teacher. From the preface by Mark Perlman This is an extremely interesting and useful volume of essays. They have been carefully selected to provide a coherent volume which makes it a pleasure to read. . . . Students of post-Keynesian economics will come across in these essays a wealth of knowledge both on a number of issues relating to this economics, and to the masters who have shaped it. . . . I strongly and thoroughly recommend these essays, not just to like-minded economists, but to others as well. They will find in this volume a vast amount of economics, written by someone who loves his subject, and the people it is designed to serve by making their world a better one to live in. Philip Arestis, History of Economic Thought This is a fine collection of essays by a scholar who brings a rare warmth and personal insight into some very difficult corners of our subject. The reader here learns much about economics as a human science of the real world. But he or she does so with the added enjoyment of being allowed into the inner circle of the personalities who contributed so much to the making of an economics that really matters. Allen Oakley, History of Economics Review It is a very welcome addition to the economics literature by a scholar who has devoted a lifetime to pursuing and promoting economics as a human and potentially humane science. This is a fine collection of essays by a scholar who brings a rare warmth and personal insight into some very difficult corners of our subject. The reader here learns much about economics as a human science of the real world. But he or she does so with the added enjoyment of being allowed into the inner circle of the personalities who contributed so much to the making of an economics that really matters. J.W. Nevile, History of Economics Review G.C. Harcourt has been an instrumental figure in the analysis, synthesis and teaching of economic theory. Erudite, authoritative and insightful, Dr Harcourt s writings have included analysis of contemporary economic theory, synthesis of current debates, intellectual biography and masterly discussion of economic and allied social policies. Capitalism, Socialism and Post-Keynesianism begins with three essays on policy issues: the case for a middle way between command economies and free market economies; the broad principles of macroeconomic policy for Australia in the 1990s; and an integrated set of modest proposals to get the world economy on the path to prosperity. All approaches used in these essays are associated with the broad church of post-Keynesianism and the belief that economics should produce a more just and equitable society. Later essays analyse theoretical topics in an historical context. The remaining papers are a selection of intellectual biographies, and general essays which range from the author s views on the relationship between mathematics and economics to what Adam Smith really did say. As this volume demonstrates, Dr Harcourt is an all-rounder, a political economist who has written on applied issues, theory, policy, intellectual biography and analytical histories of economic theory.

    • Biography & Autobiography

Economic thought since Keynes

a history and dictionary of major economists
Author: Michel Beaud,Gilles Dostaler
Publisher: Edward Elgar Pub
ISBN: N.A
Category: Biography & Autobiography
Page: 488
View: 5710
Economic Thought Since Keynes provides a concise overview of changing economic thought in the latter part of the twentieth century. Part 1 gives an analysis of topics including: * Keynes and the General Theory, * the triumph of interventionism, * the neoclassical synthesis, * the resurgence of liberalism. Part 11 gives a concise biography of the 150 most influential economists since Keynes. This invaluable book will be a useful reference tool for anyone teaching or studying economics.

    • Business & Economics

Money and Inflation

A New Macroeconomic Analysis
Author: Sergio Rossi
Publisher: Edward Elgar Publishing
ISBN: N.A
Category: Business & Economics
Page: 238
View: 3388
'Reading Rossi's book is . . . fascinating and refreshing, and highly worthwhile.' - Heinrich Bortis, Journal of Economic Studies 'It is one of Rossi's merits that his book moves from a critical to a positive analysis of inflation. . . the reader is thus taken on a stimulating journey where well-established "truths" are challenged on logical and factual grounds.' - from the Foreword by Mauro Baranzini and Alvaro Cencini It is a popular notion that money and output are separate and autonomous entities. Money and Inflation argues that this idea can neither explain the purchasing power of money nor its variations over time, and a new theory is therefore presented in its place.

    • Economics

The American Economic Review


Author: N.A
Publisher: N.A
ISBN: N.A
Category: Economics
Page: N.A
View: 5715
Includes papers and proceedings of the annual meeting of the American Economic Association. Covers all areas of economic research.

    • Economics

Research in the history of economic thought and methodology


Author: Warren J. Samuels
Publisher: Jai Pr
ISBN: 9781559380959
Category: Economics
Page: N.A
View: 1620
Part of a series which focuses on the history of economic thought and methodology, this is the supplement to Volume 13.

Economica


Author: N.A
Publisher: N.A
ISBN: N.A
Category:
Page: N.A
View: 7382

    • English literature

The British National Bibliography


Author: Arthur James Wells
Publisher: N.A
ISBN: N.A
Category: English literature
Page: N.A
View: 1755


    • Business & Economics

A Reformulation of Keynesian Economics


Author: Jagdish Handa
Publisher: World Scientific
ISBN: 9814616117
Category: Business & Economics
Page: 572
View: 3179
John Maynard Keynes' response to the extreme distress of the early years of the Great Depression produced The General Theory, which represented an overhaul of the macroeconomics inherited by his generation. The economic upheaval (including the Great Recession) since 2008 raised serious doubts about the relevance of economics as it had come to be formulated and taught by the beginning of this century. While numerous books and articles have addressed the current distress of economies through contributions to specific parts of macroeconomics, none has offered an attractive alternative that represents a general overhaul of the macroeconomics inherited by the current generation. A Reformulation of Keynesian Economic does so, and provides a modern integrated version of macroeconomics for the modern economies as they function. This book's many insights and innovations include: discarding the classical concepts of the long run and the short run in favour of the behavioural concepts of the planning period (the long term) and the short term (the operating period); discarding the exogenous production function in favour of an endogenous one; distinguishing between the short-term and the long-term production functions; replacing the dynamic stochastic notional general equilibrium (DSGE) approach for the short term by a more general one that permits effective equilibrium and disequilibrium in specific markets; and, a reformulation of the financial sector analysis and of the Keynesian business cycle theory. This thoroughgoing revision of macroeconomics is must-read for macroeconomists, policymakers and graduate students. It can even be used as a textbook by instructors who question the inherited orthodoxy built around the DSGE model and are looking for an alternative formulation of macroeconomics. Contents:IntroductionReformulating Macroeconomics: Main ElementsThe Production SectorThe Labor Market, Employment and WagesThe Demand for Commodities and the Supply of LaborThe Financial Sector in the Financial EconomyA Reformulation of the Expectations Hypothesis for Keynesian EconomicsA Reformulation of the Keynesian Business Cycle ApproachSummary and Conclusions Readership: Researchers in macroeconomics and policy makers; graduate and advanced undergraduate students who wish to have an overview of macroeconomic theory relevant to modern economies. Key Features:The book updates macroeconomic modelling for modern financial (as against merely barter or monetary) economiesOffers insights and innovations which are thought-provoking, and constitute an invitation to researchers to re-think macroeconomics, starting by rebuilding its foundations along more behavioural linesIntegrates financial capital into the analysis of production both in terms of the technology/equipment that the firm chooses over its planning period and the production levels in each of its operating periodsKeywords:Macroeconomics;Keynesian Economics;Monetary Economics

    • Business & Economics

Asset Prices, Booms and Recessions

Financial Economics from a Dynamic Perspective
Author: Willi Semmler
Publisher: Springer Science & Business Media
ISBN: 3540246967
Category: Business & Economics
Page: 256
View: 4233
"Asset Prices, Booms and Recessions" is a book on Financial Economics from a dynamic perspective. It focuses on the dynamic interaction of financial markets and economic activity. The financial markets to be studied here encompasses the money and bond market, credit market, stock market and foreign exchange market. Economic activity is described by the activity of firms, banks, households, governments and countries. The book shows how economic activity affects asset prices and the financial market and how asset prices and financial market volatility feed back to economic activity. The focus in this book is on theories, dynamic models and empirical evidence. Empirical applications relate to episodes of financial instability and financial crises of the U.S., Latin American, Asian as well as Euro-area countries. The current version of the book has moved to a more extensive coverage of the topics in financial economics by updating the literature in the appropriate chapters. Moreover it gives a more extensive treatment of new and more advanced topics in financial economics such as international portfolio theory, multi-agent and evolutionary approaches, capital asset pricing beyond consumption-based models and dynamic portfolio decisions. Overall, the book presents material that researchers and practitioners in financial engineering need to know about economic dynamics and that economists, practitioners and policy makers need to know about the financial market.