Classical Economic Theory And The Modern Economy
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Classical Economic Theory And The Modern Economy
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Author : Steven Kates
language : en
Publisher: Edward Elgar Publishing
Release Date : 2020-06-26
Classical Economic Theory And The Modern Economy written by Steven Kates and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-06-26 with Business & Economics categories.
Economic theory reached its zenith of analytical power and depth of understanding in the middle of the nineteenth century among John Stuart Mill and his contemporaries. This book explains what took place in the ensuing Marginal Revolution and Keynesian Revolution that left economists less able to understand how economies operate. It explores the false mythology that has obscured the arguments of classical economists, providing a pathway into the theory they developed.
The Evolution Of Modern Economic Theory
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Author : Lionel Robbins Baron Robbins
language : en
Publisher: Transaction Publishers
Release Date :
The Evolution Of Modern Economic Theory written by Lionel Robbins Baron Robbins and has been published by Transaction Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
The Evolution Of Modern Economic Theory
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Author : Carl Cone
language : en
Publisher: Routledge
Release Date : 2017-09-29
The Evolution Of Modern Economic Theory written by Carl Cone and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-29 with Business & Economics categories.
The long paper which gives the title to this collection and which has never before been published as paperback was initially an attempt to promote international academic understanding. The Economics Department at the London School of Economics had arranged a colloquy between two groups of Russian and British economists; and where the author asked to contribute a general survey of the present state of economic theory as taught in Western centers. For reasons, which are explained in the opening section, the author decided to adopt an historical approach; and the notes on which the present paper is based were the result.The remainders of the papers have as their common denominator a continuing interest in the history of economic thought. Beginning with a lengthy critique of Schumpeter's magisterial History of Economic Analysis, they range from an appraisal of Bentham's continuing relevance to a review of Robertson's Lectures on Economic Principles, with some special attention to John Stuart Mill both as a human being and as an economist. They have been written at various times in the last thirty-five years; and minute scrutiny, if such were thought to be worthwhile--which of course it is not--might detect some variations of emphasis, particularly perhaps in the implicit valuations of Marshall and his contribution, in the papers on Wicksteed and Schumpeter's History respectively. But in spite of a certain shift of perspective here, the author thought it worthwhile to attempt substantial redrafting.Apart from the correction of obvious inelegances or actual errors, the excision of some duplicating quotations and, in a few cases, the addition of supplementary material and references, the papers are reproduced as originally written. In each instance the author has given footnote acknowledgements of the place of original publication.
Classical Economics And Modern Theory
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Author : Heinz D. Kurz
language : en
Publisher: Routledge
Release Date : 2005-08-12
Classical Economics And Modern Theory written by Heinz D. Kurz and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-08-12 with Business & Economics categories.
The well known economists Kurz and Salvadori cover original findings and new vistas on old problems including alternative interpretations of classical economics, new groth theory, Sraffian theory and Von Neumann and the treatment of capital.
Modern Classical Economics And Reality
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Author : Theodore Mariolis
language : en
Publisher: Springer
Release Date : 2016-01-13
Modern Classical Economics And Reality written by Theodore Mariolis and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-01-13 with Political Science categories.
This book presents an in-depth, novel, and mathematically rigorous treatment of the modern classical theory of value based on the spectral analysis of the price–profit–wage rate system. The classical theory is also subjected to empirical testing to show its logical consistency and explanatory content with respect to observed phenomena and key economic policy issues related to various multiplier processes. In this context, there is an examination of the trajectories of relative prices when the distributive variables change, both theoretically and empirically, using actual input–output data from a number of quite divers e economies. It is suggested that the actual economies do not behave like the parable of a one-commodity world of the traditional neoclassical theory, which theorizes the relative scarcities of “goods and production factors” as the fundamental determinants of relative prices and their movement. By contrast, the results of the empirical analysis are fully consistent with the modern classical theory, which makes the intersectoral structure of production and the way in which net output is distributed amongst its claimants the fundamental determinants of price magnitudes. At the same time, however, these results indicate that only a few vertically integrated industries (“industry core” or “hyper-basic industries”) are enough to shape the behaviour of the entire economy in the case of a disturbance. This fact is reduced to the skew distribution of the eigenvalues of the matrices of vertically integrated technical coefficients and reveals that, across countries and over time, the effective dimensions of actual economies are surprisingly low. Normal 0 false false false EN-US JA X-NONE />
The Evolution Of Modern Economic Theory
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Author : Lord Robbins
language : en
Publisher: Springer
Release Date : 1970-06-18
The Evolution Of Modern Economic Theory written by Lord Robbins and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1970-06-18 with Business & Economics categories.
The Evolution Of Modern Economic Theory And Other Papers On The History Of Economic Thought
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Author : Lionel Robbins Baron Robbins
language : en
Publisher:
Release Date : 1970
The Evolution Of Modern Economic Theory And Other Papers On The History Of Economic Thought written by Lionel Robbins Baron Robbins and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1970 with Economics categories.
Equilibrium Expectations And Information
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Author : Christopher Torr
language : en
Publisher: Routledge
Release Date : 2019-03-06
Equilibrium Expectations And Information written by Christopher Torr and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-03-06 with Political Science categories.
This book attempts to elucidate the views of Keynes's General Theory as far as equilibrium, expectations and information are concerned, and compares them with those of modern classical economists of the Chicago and Ricardian persuasion.
Classical Political Economy And Modern Theory
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Author : Neri Salvadori
language : en
Publisher: Routledge
Release Date : 2013-06-17
Classical Political Economy And Modern Theory written by Neri Salvadori and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-06-17 with Business & Economics categories.
Heinz Kurz is recognised internationally as a leading economic theorist and a foremost historian of economic thought. This book pays tribute to his outstanding contributions by bringing together a unique collection of new essays by distinguished economists from around the world. Classical Political Economy and Modern Theory comprises twenty essays, grouped thematically into five sections. Part I examines political economy and its critique, Part II looks at entrepreneurship, evolution and income distribution, Part III discusses Cambridge, Keynes and macroeconomics, Part IV explores crisis and cycles, whilst Part V is dedicated to personal reminiscences. The essays in this book will be an invaluable source of inspiration for economists interested in economic theory and in the evolution of economic thought. They will also be of interest to postgraduate and research students specialising in economic theory and in the history of economic thought.
Understanding Classical Economics
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Author : Heinz D. Kurz
language : en
Publisher: Routledge
Release Date : 2002-09-11
Understanding Classical Economics written by Heinz D. Kurz and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-09-11 with Business & Economics categories.
The essays in this collection argue that the 'classical' approach to economic problems holds the key to an explanation of important present day economic phenomena.