Classical Political Economics and Modern Capitalism - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Classical Political Economics and Modern Capitalism write by Lefteris Tsoulfidis. This book was released on 2019-09-05. Classical Political Economics and Modern Capitalism available in PDF, EPUB and Kindle. This book promotes an in-depth understanding of the key mechanisms that govern the functioning of capitalist economies, pursuing a Classical Political Economics approach to do so. It explores central theoretical issues addressed by the classical economists Smith and Ricardo, as well as Marx, while also operationalizing more recent theoretical developments inspired by the works of Sraffa and other modern classical economists, using actual data from major economies. On the basis of this approach, the book subsequently provides alternative explanations for various microeconomic issues such as the determination of equilibrium prices and their movement induced by changes in income distribution; the dynamics of competition of firms within and between industries; the law of tendential equalization of interindustry profit rates; and international exchanges and transfers of value; as well as macroeconomic issues concerning capital accumulation and cyclical economic growth. Given its scope, the book will benefit all researchers, students, and policymakers seeking new explanations for observed phenomena and interested in the mechanisms that give rise to surface economic categories, such as prices, profits, the unemployment rate, interest rates, and long economic cycles.
Classical Political Economy and Modern Theory
Classical Political Economy and Modern Theory - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Classical Political Economy and Modern Theory write by Neri Salvadori. This book was released on 2013-06-17. Classical Political Economy and Modern Theory available in PDF, EPUB and Kindle. 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.
Theories of the Capitalist Economy
Theories of the Capitalist Economy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Theories of the Capitalist Economy write by Ben Fine. This book was released on 1982. Theories of the Capitalist Economy available in PDF, EPUB and Kindle.
Capital Theory and Political Economy
Capital Theory and Political Economy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Capital Theory and Political Economy write by Lefteris Tsoulfidis. This book was released on 2021-05-31. Capital Theory and Political Economy available in PDF, EPUB and Kindle. In recent years, there have been a number of new developments in what came to be known as the "Capital Theory Debates". The debates took place mainly during the 1960s as a result of Piero Sraffa's critique of the neoclassical theory according to which the prices of factors of production directly depend on their relative scarcities. Sraffa showed that when income distribution changes, there are many complexities developed within the economic system impacting on prices in ways which are not possible to predict. These debates were revisited in the 1980s and again more recently, along with a parallel literature that has developed among neoclassical economists and has also looked at the impact of shocks on an economy. This book summarizes the debates and issues around the theory of capital and brings to the fore the more recent developments. It also pinpoints the similarities and differences between the various approaches and critically evaluates them in light of available empirical evidence. The focus of the book is on the price trajectories induced by changes in income distribution and the resulting shape of the wage rates of profit curves and frontier. These issues are central to areas such as microeconomics, international trade, growth, technological change and macro stability analysis. Each chapter starts with the theoretical issues involved, followed by their formalization and subsequently with their operationalization. More specifically, the variables of the classical theory of value and distribution are rigorously defined and quantified using actual input–output data from a number of major economies, but mainly from the USA, over long stretches of time. The empirical results are not only consistent with the anticipations of the theory but also further inform and therefore strengthen its predictive content raising new significant questions.
Capitalism Versus Anti-Capitalism
Capitalism Versus Anti-Capitalism - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Capitalism Versus Anti-Capitalism write by Paul Fabra. This book was released on 1993-01-01. Capitalism Versus Anti-Capitalism available in PDF, EPUB and Kindle. Fabra's central thesis is that economics will not get out of the blind alley in which it has led itself--and everyone else--until it undertakes an epi-stemological inquiry into the sources of its biases. This book is concerned then with the most general structural problems that confront the economist. Covering every major theme of modern economics: from the "labor market" to the "gold standard," Fabra aims to show that the classical theories of Ricardo prevail over the more recent doctrines of both Marx and Keynes. He turns every major premise of economics on its head--starting with the reality of money and ending with the abolition of wage labor as a triumph of capitalism and market forces.
