Modern Classical Economics and Reality

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Publisher : Springer
ISBN 13 : 4431550046
Total Pages : 242 pages
Book Rating : 4.4/5 (315 download)

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Book Synopsis Modern Classical Economics and Reality by : Theodore Mariolis

Download or read book Modern Classical Economics and Reality written by Theodore Mariolis and published by Springer. This book was released on 2016-01-13 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 />

Classics and Moderns in Economics Volume I

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Publisher :
ISBN 13 : 9780415301664
Total Pages : 295 pages
Book Rating : 4.3/5 (16 download)

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Book Synopsis Classics and Moderns in Economics Volume I by : Peter Groenewegen

Download or read book Classics and Moderns in Economics Volume I written by Peter Groenewegen and published by . This book was released on 2002 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Classics and Moderns in Economics Volume I

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Author :
Publisher : Routledge
ISBN 13 : 1134417454
Total Pages : 296 pages
Book Rating : 4.1/5 (344 download)

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Book Synopsis Classics and Moderns in Economics Volume I by : Peter Groenewegen

Download or read book Classics and Moderns in Economics Volume I written by Peter Groenewegen and published by Routledge. This book was released on 2002-09-26 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 II

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Publisher : Routledge
ISBN 13 : 1134417373
Total Pages : 484 pages
Book Rating : 4.1/5 (344 download)

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Book Synopsis Classics and Moderns in Economics Volume II by : Peter Groenewegen

Download or read book Classics and Moderns in Economics Volume II written by Peter Groenewegen and published by Routledge. This book was released on 2002-09-26 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

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Author :
Publisher : Oxford, England : Blackwell
ISBN 13 : 9780631125389
Total Pages : 391 pages
Book Rating : 4.1/5 (253 download)

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Book Synopsis Classics and Moderns by : John Hicks

Download or read book Classics and Moderns written by John Hicks and published by Oxford, England : Blackwell. This book was released on 1983 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Classical Economic Theory and the Modern Economy

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1786433575
Total Pages : 264 pages
Book Rating : 4.7/5 (864 download)

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Book Synopsis Classical Economic Theory and the Modern Economy by : Steven Kates

Download or read book Classical Economic Theory and the Modern Economy written by Steven Kates and published by Edward Elgar Publishing. This book was released on 2020-06-26 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 II

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (16 download)

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Book Synopsis Classics and Moderns in Economics Volume II by : Peter Groenewegen

Download or read book Classics and Moderns in Economics Volume II written by Peter Groenewegen and published by . This book was released on 2002 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

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Author :
Publisher : Routledge
ISBN 13 : 1136717234
Total Pages : 489 pages
Book Rating : 4.1/5 (367 download)

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Book Synopsis Sraffa and Modern Economics, Volume I by : Roberto Ciccone

Download or read book Sraffa and Modern Economics, Volume I written by Roberto Ciccone and published by Routledge. This book was released on 2013-06-17 with total page 489 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

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Publisher : Routledge
ISBN 13 : 1351982389
Total Pages : 550 pages
Book Rating : 4.3/5 (519 download)

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Book Synopsis Modern Economic Classics-Evaluations Through Time by : Bernard S. Katz

Download or read book Modern Economic Classics-Evaluations Through Time written by Bernard S. Katz and published by Routledge. This book was released on 2017-02-03 with total page 550 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Classical Political Economics and Modern Capitalism

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Publisher : Springer Nature
ISBN 13 : 3030179672
Total Pages : 465 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis Classical Political Economics and Modern Capitalism by : Lefteris Tsoulfidis

Download or read book Classical Political Economics and Modern Capitalism written by Lefteris Tsoulfidis and published by Springer Nature. This book was released on 2019-09-05 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Classics and Moderns in Economics

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Publisher : Psychology Press
ISBN 13 : 9780415301671
Total Pages : 310 pages
Book Rating : 4.3/5 (16 download)

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Book Synopsis Classics and Moderns in Economics by : Peter D. Groenewegen

Download or read book Classics and Moderns in Economics written by Peter D. Groenewegen and published by Psychology Press. This book was released on 2003 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: This second volume in Classics and Moderns in Economics focuses on the nineteenth and early twentieth centuries, reprinting essays on classical and modern economics. This is a suitable resource for historians, students and academics involved in the history of economics.

Sraffa and Modern Economics, Volume II

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Author :
Publisher : Routledge
ISBN 13 : 113671541X
Total Pages : 371 pages
Book Rating : 4.1/5 (367 download)

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Book Synopsis Sraffa and Modern Economics, Volume II by : Roberto Ciccone

Download or read book Sraffa and Modern Economics, Volume II written by Roberto Ciccone and published by Routledge. This book was released on 2012-03-29 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Ancient Economy

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Publisher : Univ of California Press
ISBN 13 : 9780520024366
Total Pages : 228 pages
Book Rating : 4.0/5 (243 download)

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Book Synopsis The Ancient Economy by : Moses I. Finley

Download or read book The Ancient Economy written by Moses I. Finley and published by Univ of California Press. This book was released on 1973 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Ancient Economy holds pride of place among the handful of genuinely influential works of ancient history. This is Finley at the height of his remarkable powers and in his finest role as historical iconoclast and intellectual provocateur. It should be required reading for every student of pre-modern modes of production, exchange, and consumption."--Josiah Ober, author of Political Dissent in Democratic Athens

Philosophy of Economics

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Publisher : Routledge
ISBN 13 : 1136763325
Total Pages : 351 pages
Book Rating : 4.1/5 (367 download)

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Book Synopsis Philosophy of Economics by : Julian Reiss

Download or read book Philosophy of Economics written by Julian Reiss and published by Routledge. This book was released on 2013-07-15 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: Philosophy of Economics: A Contemporary Introduction is the first systematic textbook in the philosophy of economics. It introduces the epistemological, metaphysical and ethical problems that arise in economics, and presents detailed discussions of the solutions that have been offered. Throughout, philosophical issues are illustrated by and analysed in the context of concrete cases drawn from contemporary economics, the history of economic ideas, and actual economic events. This demonstrates the relevance of philosophy of economics both for the science of economics and for the economy. This text will provide an excellent introduction to the philosophy of economics for students and interested general readers alike.

Classical Economics and Modern Theory

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Author :
Publisher : Routledge
ISBN 13 : 113420227X
Total Pages : 351 pages
Book Rating : 4.1/5 (342 download)

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Book Synopsis Classical Economics and Modern Theory by : Heinz D. Kurz

Download or read book Classical Economics and Modern Theory written by Heinz D. Kurz and published by Routledge. This book was released on 2005-08-12 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Roman Law and Economics

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Publisher : Oxford University Press
ISBN 13 : 0191090972
Total Pages : 368 pages
Book Rating : 4.1/5 (91 download)

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Book Synopsis Roman Law and Economics by : Giuseppe Dari-Mattiacci

Download or read book Roman Law and Economics written by Giuseppe Dari-Mattiacci and published by Oxford University Press. This book was released on 2020-05-26 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ancient Rome is the only society in the history of the western world whose legal profession evolved autonomously, distinct and separate from institutions of political and religious power. Roman legal thought has left behind an enduring legacy and exerted enormous influence on the shaping of modern legal frameworks and systems, but its own genesis and context pose their own explanatory problems. The economic analysis of Roman law has enormous untapped potential in this regard: by exploring the intersecting perspectives of legal history, economic history, and the economic analysis of law, the two volumes of Roman Law and Economics are able to offer a uniquely interdisciplinary examination of the origins of Roman legal institutions, their functions, and their evolution over a period of more than 1000 years, in response to changes in the underlying economic activities that those institutions regulated. Volume I explores these legal institutions and organizations in detail, from the constitution of the Roman Republic to the management of business in the Empire, while Volume II covers the concepts of exchange, ownership, and disputes, analysing the detailed workings of credit, property, and slavery, among others. Throughout each volume, contributions from specialists in legal and economic history, law, and legal theory are underpinned by rigorous analysis drawing on modern empirical and theoretical techniques and methodologies borrowed from economics. In demonstrating how these can be fruitfully applied to the study of ancient societies, with due deference to the historical context, Roman Law and Economics opens up a host of new avenues of research for scholars and students in each of these fields and in the social sciences more broadly, offering new ways in which different modes of enquiry can connect with and inform each other.

Taking Economics Seriously

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Publisher : MIT Press
ISBN 13 : 0262291533
Total Pages : 48 pages
Book Rating : 4.2/5 (622 download)

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Book Synopsis Taking Economics Seriously by : Dean Baker

Download or read book Taking Economics Seriously written by Dean Baker and published by MIT Press. This book was released on 2010-04-02 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: A leading economist's exploration of what our economic arrangements might look like if we applied basic principles without ideological blinders. There is nothing wrong with economics, Dean Baker contends, but economists routinely ignore their own principles when it comes to economic policy. What would policy look like if we took basic principles of mainstream economics seriously and applied them consistently? In the debate over regulation, for example, Baker—one of the few economists who predicted the meltdown of fall 2008—points out that ideological blinders have obscured the fact there is no “free market” to protect. Modern markets are highly regulated, although intrusive regulations such as copyright and patents are rarely viewed as regulatory devices. If we admit the extent to which the economy is and will be regulated, we have many more options in designing policy and deciding who benefits from it. On health care reform, Baker complains that economists ignore another basic idea: marginal cost pricing. Unlike all other industries, medical services are priced extraordinarily high, far above the cost of production, yet that discrepancy is rarely addressed in the debate about health care reform. What if we applied marginal cost pricing—making doctors' wages competitive and charging less for prescription drugs and tests such as MRIs? Taking Economics Seriously offers an alternative Econ 101. It introduces economic principles and thinks through what we might gain if we free ourselves from ideological blinders and get back to basics in the most troubled parts of our economy.