Author: Peter Groenewegen
Publisher: Routledge
ISBN: 1134417454
Category : Business & Economics
Languages : en
Pages : 296
Book Description
Building on the Groenewegen's respected collection of eighteenth century economics, this new book focuses on the nineteenth and early twentieth centuries and includes several essays that have never been previously published.
Classics and Moderns in Economics Volume I
Author: Peter Groenewegen
Publisher: Routledge
ISBN: 1134417454
Category : Business & Economics
Languages : en
Pages : 296
Book Description
Building on the Groenewegen's respected collection of eighteenth century economics, this new book focuses on the nineteenth and early twentieth centuries and includes several essays that have never been previously published.
Publisher: Routledge
ISBN: 1134417454
Category : Business & Economics
Languages : en
Pages : 296
Book Description
Building on the Groenewegen's respected collection of eighteenth century economics, this new book focuses on the nineteenth and early twentieth centuries and includes several essays that have never been previously published.
Modern Classical Economics and Reality
Author: Theodore Mariolis
Publisher: Springer
ISBN: 4431550046
Category : Political Science
Languages : en
Pages : 253
Book Description
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 />
Publisher: Springer
ISBN: 4431550046
Category : Political Science
Languages : en
Pages : 253
Book Description
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 />
Classical Economic Theory and the Modern Economy
Author: Steven Kates
Publisher: Edward Elgar Publishing
ISBN: 1786433575
Category : Business & Economics
Languages : en
Pages : 264
Book Description
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.
Publisher: Edward Elgar Publishing
ISBN: 1786433575
Category : Business & Economics
Languages : en
Pages : 264
Book Description
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.
Classics and Moderns in Economics Volume I
Author: Peter Groenewegen
Publisher:
ISBN: 9780415301664
Category : Economics
Languages : en
Pages : 295
Book Description
Publisher:
ISBN: 9780415301664
Category : Economics
Languages : en
Pages : 295
Book Description
Classics and Moderns in Economics Volume II
Author: Peter Groenewegen
Publisher: Routledge
ISBN: 1134417373
Category : Business & Economics
Languages : en
Pages : 484
Book Description
This second volume of essays on nineteenth and twentieth century economic thought, complements the first and continues the high standards of scholarship and academic rigour.
Publisher: Routledge
ISBN: 1134417373
Category : Business & Economics
Languages : en
Pages : 484
Book Description
This second volume of essays on nineteenth and twentieth century economic thought, complements the first and continues the high standards of scholarship and academic rigour.
Classics and Moderns
Author: John Hicks
Publisher: Oxford, England : Blackwell
ISBN: 9780631125389
Category : Competition
Languages : en
Pages : 391
Book Description
Publisher: Oxford, England : Blackwell
ISBN: 9780631125389
Category : Competition
Languages : en
Pages : 391
Book Description
Institutions in Economics
Author: Malcolm Rutherford
Publisher: Cambridge University Press
ISBN: 9780521574471
Category : Business & Economics
Languages : en
Pages : 244
Book Description
This book examines and compares the 'old' institutionalism of Veblen, Mitchell, Commons, and Ayres, with the 'new' institutionalism developed from neoclassical and Austrian sources.
Publisher: Cambridge University Press
ISBN: 9780521574471
Category : Business & Economics
Languages : en
Pages : 244
Book Description
This book examines and compares the 'old' institutionalism of Veblen, Mitchell, Commons, and Ayres, with the 'new' institutionalism developed from neoclassical and Austrian sources.
Classics and Moderns in Economics Volume II
Author: Peter Groenewegen
Publisher:
ISBN:
Category : Electronic book
Languages : en
Pages :
Book Description
Annotation This second volume of essays on nineteenth and twentieth century economic thought, complements the first and continues the high standards of scholarship and academic rigour.
Publisher:
ISBN:
Category : Electronic book
Languages : en
Pages :
Book Description
Annotation This second volume of essays on nineteenth and twentieth century economic thought, complements the first and continues the high standards of scholarship and academic rigour.
Sraffa and Modern Economics, Volume I
Author: Roberto Ciccone
Publisher: Routledge
ISBN: 1136717234
Category : Business & Economics
Languages : en
Pages : 489
Book Description
Analyzing Sraffa, one of the key figures in the history of economics, this book explores his legacy and the relevance of his thought for modern economics. Written by an array of internationally respected contributors, including Schefold, Aspromourgos, Nell and Kurz it is an invaluable tool for all those studying the history of economic thought.
Publisher: Routledge
ISBN: 1136717234
Category : Business & Economics
Languages : en
Pages : 489
Book Description
Analyzing Sraffa, one of the key figures in the history of economics, this book explores his legacy and the relevance of his thought for modern economics. Written by an array of internationally respected contributors, including Schefold, Aspromourgos, Nell and Kurz it is an invaluable tool for all those studying the history of economic thought.
Modern Economic Classics-Evaluations Through Time
Author: Bernard S. Katz
Publisher: Routledge
ISBN: 1351982389
Category : Business & Economics
Languages : en
Pages : 550
Book Description
In this book, first published in 1988, the editors have included the reviews of thirteen classic works on economic theory, empirical economic studies, political economy and management. Each major work was chosen due to its contribution in shaping our current knowledge and perspectives, and each essay is commented on by important critics in different eras. This title will be of interest to students of economic thought.
Publisher: Routledge
ISBN: 1351982389
Category : Business & Economics
Languages : en
Pages : 550
Book Description
In this book, first published in 1988, the editors have included the reviews of thirteen classic works on economic theory, empirical economic studies, political economy and management. Each major work was chosen due to its contribution in shaping our current knowledge and perspectives, and each essay is commented on by important critics in different eras. This title will be of interest to students of economic thought.