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Author: G. C. Harcourt Publisher: Cambridge University Press ISBN: 9780521082945 Category : Business & Economics Languages : en Pages : 292
Book Description
Capital theory traditionally spans two major compartments of economic theory: the theory of production of both individual products and the total product, and the theory of the distribution of the aggregate product between the different classes of capitalist society. It has always been controversial, partly because the subject matter is difficult and partly because rival ideologies and value systems impinge directly on the subject matter. In the present book the various topics associated with the exchanges between the 'neo-Keynesians' and the 'neo-neoclassicals' are discussed and evaluated. The topics include the measurement of capital, the revival of interest in Irving Fisher's rate of return on investment, the double-switching debate, Sraffa's prelude to a critique of neoclassical theory, and the 'new' theories of the rate of profits in capitalist society.
Author: G. C. Harcourt Publisher: Cambridge University Press ISBN: 9780521082945 Category : Business & Economics Languages : en Pages : 292
Book Description
Capital theory traditionally spans two major compartments of economic theory: the theory of production of both individual products and the total product, and the theory of the distribution of the aggregate product between the different classes of capitalist society. It has always been controversial, partly because the subject matter is difficult and partly because rival ideologies and value systems impinge directly on the subject matter. In the present book the various topics associated with the exchanges between the 'neo-Keynesians' and the 'neo-neoclassicals' are discussed and evaluated. The topics include the measurement of capital, the revival of interest in Irving Fisher's rate of return on investment, the double-switching debate, Sraffa's prelude to a critique of neoclassical theory, and the 'new' theories of the rate of profits in capitalist society.
Author: Jack Birner Publisher: Routledge ISBN: 1134906536 Category : Business & Economics Languages : en Pages : 437
Book Description
This book explains the debate over the Cambridge controversies of the 1960s and 1970s. In a compelling and comprehensive argument, Birner discusses the main contributions to the controversy in a series of case studies. He gradually develops a methodological model of idealizations that explains both the progress of the debate and the historical iron
Author: Jack Birner Publisher: Psychology Press ISBN: 9780415073486 Category : Business & Economics Languages : en Pages : 206
Book Description
This framework is used to assess Cartwright's account of scientific explanation, to solve Friedman's problem of assumptions and the problem of methodological pluralism." "This book will be of use to academics and advanced students with an interest in theoretical economics, history of economic thought, economic methodology and the philosophy of science."--BOOK JACKET.
Author: John Eatwell Publisher: Springer ISBN: 1349208612 Category : Business & Economics Languages : en Pages : 287
Book Description
This is an excerpt from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the complete work cover the broad themes of economic theory. This extract concentrates on the topic of capital theory.
Author: Fouad Sabry Publisher: One Billion Knowledgeable ISBN: Category : Business & Economics Languages : en Pages : 371
Book Description
What is Cambridge Capital Controversy In economics, the Cambridge capital controversy, sometimes known as "the capital controversy" or "the two Cambridges debate," was a dispute that began in the 1950s and continued far into the 1960s. It was a disagreement between proponents of two different theoretical and mathematical perspectives in economics. The nature and function of capital goods, as well as a critique of the neoclassical perspective on aggregate output and distribution, were the topics of discussion during the debate. A significant portion of the debate took place between economists such as Joan Robinson and Piero Sraffa at the University of Cambridge in England and economists such as Paul Samuelson and Robert Solow at the Massachusetts Institute of Technology in Cambridge, Massachusetts, United States. The name of the controversy originates from the location of the principals who were involved in the controversy. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Cambridge capital controversy Chapter 2: David Ricardo Chapter 3: Factors of production Chapter 4: Macroeconomics Chapter 5: Neoclassical economics Chapter 6: Piero Sraffa Chapter 7: Nicholas Kaldor Chapter 8: Classical economics Chapter 9: Production function Chapter 10: Solow-Swan model Chapter 11: Harrod-Domar model Chapter 12: Heterodox economics Chapter 13: Economic problem Chapter 14: Long run and short run Chapter 15: Evsey Domar Chapter 16: Nobuo Okishio Chapter 17: Neoclassical synthesis Chapter 18: New classical macroeconomics Chapter 19: Luigi Pasinetti Chapter 20: History of macroeconomic thought Chapter 21: Anwar Shaikh (economist) (II) Answering the public top questions about cambridge capital controversy. (III) Real world examples for the usage of cambridge capital controversy in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Cambridge Capital Controversy.
Author: Jonathan Nitzan Publisher: Routledge ISBN: 1134022298 Category : Political Science Languages : en Pages : 853
Book Description
Conventional theories of capitalism are mired in a deep crisis: after centuries of debate, they are still unable to tell us what capital is. Liberals and Marxists both think of capital as an ‘economic’ entity that they count in universal units of ‘utils’ or ‘abstract labour’, respectively. But these units are totally fictitious. Nobody has ever been able to observe or measure them, and for a good reason: they don’t exist. Since liberalism and Marxism depend on these non-existing units, their theories hang in suspension. They cannot explain the process that matters most – the accumulation of capital. This book offers a radical alternative. According to the authors, capital is not a narrow economic entity, but a symbolic quantification of power. It has little to do with utility or abstract labour, and it extends far beyond machines and production lines. Capital, the authors claim, represents the organized power of dominant capital groups to reshape – or creorder – their society. Written in simple language, accessible to lay readers and experts alike, the book develops a novel political economy. It takes the reader through the history, assumptions and limitations of mainstream economics and its associated theories of politics. It examines the evolution of Marxist thinking on accumulation and the state. And it articulates an innovative theory of ‘capital as power’ and a new history of the ‘capitalist mode of power’.
Author: G. C. Harcourt
Author: G. C. Harcourt
Author: G. C. Harcourt
Author: Geoffrey Colin Harcourt
Author: Jack Birner
Author: Andrés Lazzarini
Author: Jack Birner
Author: J. E. Stiglitz
Author: John Eatwell
Author: Fouad Sabry
Author: Jonathan Nitzan