Contributions to Modern EconomicsAcademic Press, 10 may 2014 - 296 páginas Contributions to Modern Economics includes contributions to two great intellectual upheavals in economic theory: the Keynesian Revolution and the revival of the classical theory of profits led by Piero Sraffa. The formation of prices in capitalist and socialist economies and of international trade is also discussed. The evolution of these ideas is linked to the personal and historical events that influenced them. Comprised of 24 chapters, this book begins by describing the second crisis of economic theory, which is related to the first crisis — the great slump of the 1930s. The reader is then introduced to the theory of money and the analysis of output; obstacles to full employment; and the concept of hoarding. Subsequent chapters explore capital, profits, and prices, with emphasis on the theory of capital, imperfect competition, and the theory of value. International trade, capitalism, and beggar-my-neighbor remedies for unemployment are also examined. This monograph should be of interest to economists. |
Índice
| 1 | |
Chapter 2 THE THEORY OF MONEY AND THE ANALYSIS OF OUTPUT | 14 |
Chapter 3 OBSTACLES T O FULL EMPLOYMENT | 20 |
Chapter 4 THE CONCEPT OF HOARDING | 29 |
Chapter 5 THE RATE OF INTEREST | 35 |
Chapter 6 KALECKI AND KEYNES | 53 |
Chapter 7 MARX MARSHALL AND KEYNES | 61 |
Chapter 8 THE PRODUCTION FUNCTION AND THE THEORY OF CAPITAL | 76 |
Chapter 14 THE PHILOSOPHY OF PRICES | 146 |
Chapter 15 IMPERFECT COMPETITION REVISITED | 166 |
Chapter 16 THE THEORY OF VALUE RECONSIDERED | 182 |
Chapter 17 BEGGARMYNEIGHBOUR REMEDIES FOR UNEMPLOYMENT | 190 |
Chapter 18 THE NEW MERCANTILISM | 201 |
Chapter 19 THE NEED FOR A RECONSIDERATION OF THE THEORY OF INTERNATIONAL TRADE | 213 |
Chapter 20 HAS CAPITALISM CHANGED ? | 223 |
Chapter 21 LATTERDAY CAPITALISM | 229 |
Chapter 9 PREKEYNESIAN THEORY AFTER KEYNES | 91 |
Chapter 10 CAPITAL THEORY UPTODATE | 103 |
Chapter 11 THE MEANING OF CAPITAL | 114 |
Chapter 12 HISTORY VERSUS EQUILIBRIUM | 126 |
Chapter 13 A LECTURE DELIVERED AT OXFORD BY A CAMBRIDGE ECONOMIST | 137 |
Chapter 22 SOCIALIST AFFLUENCE | 240 |
Chapter 23 WHAT HAS BECOME OF EMPLOYMENT POLICY | 254 |
Chapter 24 BEAUTY AND THE BEAST | 267 |
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accumulation analysis argument assets balance of trade beggar-my-neighbour bonds capitalist commodities consumer consumption cost demand for money earnings economists economy elasticity enterprise entrepreneur equal equilibrium exchange rate expected exports factor of production fall finance firms full employment future growth higher hoarding imperfect competition imports income increase industry inflation inputs interest rates Kalecki Keynes Keynesian labour labour force leets less marginal productivity Marx means of production Michał Kalecki money wages money-wage rates neoclassical orthodox output per head particular position problem production function productive capacity Professor profit on capital pseudo-production function purchasing power quantity of money rate of interest rate of profit ratio real wages reduced rise saving sense short rate short-period slump stock of capital surplus technical progress technique terms of trade theory of employment trade unions value of capital wage rates whole workers