Revisiting Classical Economics

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The Classical Economists Revisited

Author : D. P. O'Brien
Publisher : Princeton University Press
ISBN 13 : 0691177988
Total Pages : 444 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis The Classical Economists Revisited by : D. P. O'Brien

Download or read book The Classical Economists Revisited written by D. P. O'Brien and published by Princeton University Press. This book was released on 2017-12-11 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Classical Economists Revisited conveys the extent, diversity, and richness of the literature of economics produced in the period extending from David Hume's Essays of 1752 to the final contributions of Fawcett and Cairnes in the 1870s. D. P. O'Brien thoroughly updates, rewrites, and expands the vastly influential work he first published in 1975, The Classical Economists. In particular, he sets out to make clear the shaping of a comprehensive vision of the working of an open economy, building on the great work of Adam Smith in Wealth of Nations, a development that was substantially affected by the contributions of David Ricardo. He shows that the Classical literature was in fact the work of a host of thinkers from a wide range of backgrounds. Covering the intellectual roots of the Classical literature and its methodological approaches, and the developed theories of value, distribution, money, trade, population, economic growth, and public finance, and examining the Classical attitudes toward a rich variety of policy issues, The Classical Economists Revisited considers not only the achievements of the Classical writers but also their legacy to the later development of economics. A seminal contribution to the field, this book will be treasured for many years to come by economists, historians of economics, instructors and their students, and anyone interested in the sweeping breadth and enduring influence of the classical economists.

Revisiting Classical Economics

Author : Heinz Kurz
Publisher : Routledge
ISBN 13 : 1317907973
Total Pages : 347 pages
Book Rating : 4.3/5 (179 download)

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Book Synopsis Revisiting Classical Economics by : Heinz Kurz

Download or read book Revisiting Classical Economics written by Heinz Kurz and published by Routledge. This book was released on 2014-08-07 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial crisis and the economic crisis that followed triggered a crisis in the subject of economics, as it is typically being taught today especially in macroeconomics and related fields. A renewed interest in earlier authors, especially the classical economists from Adam Smith to David Ricardo and John Maynard Keynes, developed. This book may also be seen as a response to this interest. What can we learn from the authors mentioned, what we could not learn from the mainstream? This volume contains a selection of essays which deepens and widens the understanding of the classical approach to important problems, such as value and distribution, growth and technical progress, and exhaustible natural resources. It is the fourth collection in a row and reflects an on-going discussion of the fecundity of the classical approach. A main topic of the essays is a comparison between the classical approaches with modern theory and thus an identification of what can be learned by elaborating on the ideas of Smith and Ricardo and Marx above and beyond and variously in contradiction to certain mainstream view. Since the work of Piero Sraffa spurred the revival of classical economic thought, his contributions are dealt with in some detail. The attention then focuses on economic growth and the treatment of exhaustible resources within a classical framework of the analysis.

Revisiting Classical Economics

Author : Heinz D. Kurz
Publisher : Routledge Studies in the Histo
ISBN 13 : 9780415732901
Total Pages : 0 pages
Book Rating : 4.7/5 (329 download)

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Book Synopsis Revisiting Classical Economics by : Heinz D. Kurz

Download or read book Revisiting Classical Economics written by Heinz D. Kurz and published by Routledge Studies in the Histo. This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial crisis and the economic crisis that followed triggered a crisis in the subject of economics, as it is typically being taught today especially in macroeconomics and related fields. A renewed interest in earlier authors, especially the classical economists from Adam Smith to David Ricardo and John Maynard Keynes, developed. This book may also be seen as a response to this interest. What can we learn from the authors mentioned, what we could not learn from the mainstream? This volume contains a selection of essays which deepens and widens the understanding of the classical approach to important problems, such as value and distribution, growth and technical progress, and exhaustible natural resources. It is the fourth collection in a row and reflects an on-going discussion of the fecundity of the classical approach. A main topic of the essays is a comparison between the classical approaches with modern theory and thus an identification of what can be learned by elaborating on the ideas of Smith and Ricardo and Marx above and beyond and variously in contradiction to certain mainstream view. Since the work of Piero Sraffa spurred the revival of classical economic thought, his contributions are dealt with in some detail. The attention then focuses on economic growth and the treatment of exhaustible resources within a classical framework of the analysis.

The Classical Economists

Author : Denis Patrick O'Brien
Publisher : Oxford University Press
ISBN 13 : 9780198771173
Total Pages : 324 pages
Book Rating : 4.7/5 (711 download)

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Book Synopsis The Classical Economists by : Denis Patrick O'Brien

Download or read book The Classical Economists written by Denis Patrick O'Brien and published by Oxford University Press. This book was released on 1978 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Against Economics

Author : Rajani Kannepalli Kanth
Publisher : Routledge
ISBN 13 : 042986129X
Total Pages : 256 pages
Book Rating : 4.4/5 (298 download)

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Book Synopsis Against Economics by : Rajani Kannepalli Kanth

Download or read book Against Economics written by Rajani Kannepalli Kanth and published by Routledge. This book was released on 2018-12-12 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Published in 1997, this postmodern critique provides a discourse on internal dynamics of the economics world view, suggesting for future societal wellbeing that we simply do not criticize economics but dispense it altogether. It argues that in the modern era economics have become obsolete as we live in a society riddled with corruption.

The Classical Economists

Author : Denis Patrick O'Brien
Publisher : Oxford : Clarendon Press
ISBN 13 :
Total Pages : 328 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Classical Economists by : Denis Patrick O'Brien

Download or read book The Classical Economists written by Denis Patrick O'Brien and published by Oxford : Clarendon Press. This book was released on 1975 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Textbook on classical economics and economic theories from adam smith to j.e. Cairnes - includes annotated bibliographys and references.

Classical Economic Theory and the Modern Economy

Author : Steven Kates
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.

On Classical Economics

Author : Thomas Sowell
Publisher : Yale University Press
ISBN 13 : 9780300126068
Total Pages : 324 pages
Book Rating : 4.1/5 (26 download)

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Book Synopsis On Classical Economics by : Thomas Sowell

Download or read book On Classical Economics written by Thomas Sowell and published by Yale University Press. This book was released on 2007-01-01 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: A reexamination of classical economic theory and methods, by a senior economist of international stature Thomas Sowell's many writings on the history of economic thought have appeared in a number of scholarly journals and books, and these writings have been praised, reprinted, and translated in various countries around the world. The classical era in the history of economics is an important part of the history of ideas in general, and its implications reach beyond the bounds of the economics profession. On Classical Economics is a book from which students can learn both history and economics. It is not simply a Cook's tour of colorful personalities of the past but a study of how certain economic concepts and tools of analysis arose, and how their implications were revealed during the controversies that followed. In addition to a general understanding of classical macroeconomics and microeconomics, this book offers special insight into the neglected pioneering work of Sismondi--and why it was neglected--and a detailed look at John Stuart Mill's enigmatic role in the development of economics and the mysteries of Marxian economics. Clear, engaging, and very readable, without being either cute or condescending, On Classical Economics can enable a course on the history of economic thought to make a contribution to students' understanding of economics in general--whether in price theory, monetary theory, or international trade. In short, it is a book about analysis as well as history.

Revisiting Keynes

Author : Lorenzo Pecchi
Publisher : MIT Press
ISBN 13 : 0262515113
Total Pages : 229 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis Revisiting Keynes by : Lorenzo Pecchi

Download or read book Revisiting Keynes written by Lorenzo Pecchi and published by MIT Press. This book was released on 2010-08-13 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading economists revisit a provocative essay by John Maynard Keynes, debating Keynes's vision of growth, inequality, work, leisure, entrepreneurship, consumerism, and the search for happiness in the twenty-first century. In 1931 distinguished economist John Maynard Keynes published a short essay, “Economic Possibilities for Our Grandchildren,” in his collection Essays in Persuasion. In the essay, he expressed optimism for the economic future despite the doldrums of the post-World War I years and the onset of the Great Depression. Keynes imagined that by 2030 the standard of living would be dramatically higher; people, liberated from want (and without the desire to consume for the sake of consumption), would work no more than fifteen hours a week, devoting the rest of their time to leisure and culture. In Revisiting Keynes, leading contemporary economists consider what Keynes got right in his essay—the rise in the standard of living, for example—and what he got wrong—such as a shortened work week and consumer satiation. In so doing, they raise challenging questions about the world economy and contemporary lifestyles in the twenty-first century. The contributors—among them, four Nobel laureates in economics—point out that although Keynes correctly predicted economic growth, he neglected the problems of distribution and inequality. Keynes overestimated the desire of people to stop working and underestimated the pleasures and rewards of work—perhaps basing his idea of “economic bliss” on the life of the English gentleman or the ideals of his Bloomsbury group friends. In Revisiting Keynes, Keynes's short essay—usually seen as a minor divertissement compared to his other more influential works—becomes the catalyst for a lively debate among some of today's top economists about economic growth, inequality, wealth, work, leisure, culture, and consumerism. Contributors William J. Baumol, Leonardo Becchetti, Gary S. Becker, Michele Boldrin, Jean-Paul Fitoussi, Robert H. Frank, Richard B. Freeman, Benjamin M. Friedman, Axel Leijonhufvud, David K. Levine, Lee E. Ohanian, Edmund S. Phelps, Luis Rayo, Robert Solow, Joseph E. Stiglitz, Fabrizio Zilibotti

Keynes and the Classics Reconsidered

Author : James C.W. Ahiakpor
Publisher : Springer Science & Business Media
ISBN 13 : 9780792381495
Total Pages : 234 pages
Book Rating : 4.3/5 (814 download)

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Book Synopsis Keynes and the Classics Reconsidered by : James C.W. Ahiakpor

Download or read book Keynes and the Classics Reconsidered written by James C.W. Ahiakpor and published by Springer Science & Business Media. This book was released on 1998-03-31 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keynes and the Classics Reconsidered is a collection of scholarly work re-evaluating Keynes's revolution in economic thought, both in the method of macroeconomic reasoning and in policy-making. This book brings together mostly a younger generation of economists to revisit Keynes's interpretation of the classics and its impact on macroeconomic theory and policy. There has been a considerable advance in the literature re-interpreting the classics and the early neoclassical economists. Most of the contributing authors have themselves been active participants in this reinterpretation. The participation of Robert Clower, an active participant in the Keynes versus the classics debate since the 1960s, brings a particularly significant retrospective to this fresh look at the record. Keynes and the Classics Reconsidered will be of interest to policy-makers and economists, especially those working in the areas of macro and monetary economics.

The Classical Economists Revisited

Author : D. P. O'Brien
Publisher : Princeton University Press
ISBN 13 : 1400888239
Total Pages : 448 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis The Classical Economists Revisited by : D. P. O'Brien

Download or read book The Classical Economists Revisited written by D. P. O'Brien and published by Princeton University Press. This book was released on 2017-10-29 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Classical Economists Revisited conveys the extent, diversity, and richness of the literature of economics produced in the period extending from David Hume's Essays of 1752 to the final contributions of Fawcett and Cairnes in the 1870s. D. P. O'Brien thoroughly updates, rewrites, and expands the vastly influential work he first published in 1975, The Classical Economists. In particular, he sets out to make clear the shaping of a comprehensive vision of the working of an open economy, building on the great work of Adam Smith in Wealth of Nations, a development that was substantially affected by the contributions of David Ricardo. He shows that the Classical literature was in fact the work of a host of thinkers from a wide range of backgrounds. Covering the intellectual roots of the Classical literature and its methodological approaches, and the developed theories of value, distribution, money, trade, population, economic growth, and public finance, and examining the Classical attitudes toward a rich variety of policy issues, The Classical Economists Revisited considers not only the achievements of the Classical writers but also their legacy to the later development of economics. A seminal contribution to the field, this book will be treasured for many years to come by economists, historians of economics, instructors and their students, and anyone interested in the sweeping breadth and enduring influence of the classical economists.

The Affluent Society Revisited

Author : Mike Berry
Publisher : OUP Oxford
ISBN 13 : 0191510033
Total Pages : 240 pages
Book Rating : 4.1/5 (915 download)

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Book Synopsis The Affluent Society Revisited by : Mike Berry

Download or read book The Affluent Society Revisited written by Mike Berry and published by OUP Oxford. This book was released on 2013-12-12 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book revisits John Kenneth Galbraith's classic text The Affluent Society in the context of the background to, and causes of, the global economic crisis that erupted in 2008. Each chapter takes a major theme of Galbraith's book, distils his arguments, and then discusses to what extent they cast light on current developments, both in developed economies and in the economics discipline. The themes include: inequality, insecurity, inflation, debt, consumer behaviour, financialization, the economic role of government ('social balance'), the power of ideas, the role of power in the economy, and the nature of the good society. It considers the current problems of capitalism and the huge challenges facing democratic governments in tackling them. Written in non-technical language, this book is accessible to students of economics and the social sciences as well as to those who would have read The Affluent Society and the general reader interested in contemporary affairs and public policy.

The Affluent Society Revisited

Author : Mike Berry
Publisher : OUP Oxford
ISBN 13 : 0191024031
Total Pages : 224 pages
Book Rating : 4.1/5 (91 download)

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Book Synopsis The Affluent Society Revisited by : Mike Berry

Download or read book The Affluent Society Revisited written by Mike Berry and published by OUP Oxford. This book was released on 2013-12-12 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book revisits John Kenneth Galbraith's classic text The Affluent Society in the context of the background to, and causes of, the global economic crisis that erupted in 2008. Each chapter takes a major theme of Galbraith's book, distils his arguments, and then discusses to what extent they cast light on current developments, both in developed economies and in the economics discipline. The themes include: inequality, insecurity, inflation, debt, consumer behaviour, financialization, the economic role of government ('social balance'), the power of ideas, the role of power in the economy, and the nature of the good society. It considers the current problems of capitalism and the huge challenges facing democratic governments in tackling them. Written in non-technical language, this book is accessible to students of economics and the social sciences as well as to those who would have read The Affluent Society and the general reader interested in contemporary affairs and public policy.

Classical Economics Reconsidered

Author : Thomas Sowell
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (251 download)

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Book Synopsis Classical Economics Reconsidered by : Thomas Sowell

Download or read book Classical Economics Reconsidered written by Thomas Sowell and published by . This book was released on 1974 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Keynes and The General Theory Revisited

Author : Axel Kicillof
Publisher : Routledge
ISBN 13 : 1351601253
Total Pages : 390 pages
Book Rating : 4.3/5 (516 download)

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Book Synopsis Keynes and The General Theory Revisited by : Axel Kicillof

Download or read book Keynes and The General Theory Revisited written by Axel Kicillof and published by Routledge. This book was released on 2017-07-31 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every time the economy goes through a period of crisis, Keynes’ name is called upon by economists and politicians from diverse backgrounds. However, 70 years after the publication of The General Theory of Employment, Interest and Money, specialists are still far—maybe everyday further—from reaching agreement about the genuine contents of Keynes’ most important work. This controversy has been marked by a paradoxical turn: it is above all the literature about Keynes which, in the last decades, has imposed the terms of the debate, while The General Theory lacks readers. Accused by both its detractors and admirers of being a confusing book that is inconsistent and even plagued with logical errors, the most important contribution of the most influential economist of the 20th century has been condemned to be forgotten or, at best, to live uncomfortably in the voices of those who have spoken on his behalf. This book is the result of rigorous critical research which reconstructs the spectrum of discussion surrounding Keynes’ main work. The book begins by describing the historical background and the state of the pre-Keynesian economic theory, subsequently immersing the reader in a concise but detailed—as well as innovative— interpretation of the original text. The revision of some of the main interpretative currents prepares the field for the book’s ultimate contribution: the identification of the fundamentals that sustain the analytical structure of The General Theory. At the same time, this exploration of the theoretical fundamentals of The General Theory makes this book an original intervention on the genesis and relevance of the divide between micro and macroeconomics—a division that has been fully accepted by contemporary macro theorists.

Classical Economics and Modern Theory

Author : Heinz D. Kurz
Publisher : Taylor & Francis US
ISBN 13 : 9780415406376
Total Pages : 341 pages
Book Rating : 4.4/5 (63 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 Taylor & Francis US. This book was released on 2006 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covers original findings and vistas on old problems. This work includes: alternative interpretations of classical economists; growth theory; the relationship between Sraffian theory and Von Neumann; and the treatment of capital in neoclassical long-period theory. It is intended for those working in the field of the history of economic thought.

Competition, Value and Distribution in Classical Economics

Author : Heinz D. Kurz
Publisher : Routledge
ISBN 13 : 1000453138
Total Pages : 348 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Competition, Value and Distribution in Classical Economics by : Heinz D. Kurz

Download or read book Competition, Value and Distribution in Classical Economics written by Heinz D. Kurz and published by Routledge. This book was released on 2022-03-10 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing in particular on the work of Sraffa, Smith, Ricardo and Marx, the essays in this volume explore the characteristic features of the Classical economists’ approach to economic problems, and the renewal of interest in that approach in modern times. In recent years, new material has been made available on both Sraffa and Marx which have made new insights and interpretations possible. The release of Sraffa’s hitherto unpublished papers and correspondence has led to reconsideration of doctrinal questions such as to what extent Sraffa built upon, or deviated from the analyses of Adam Smith, David Ricardo and other representatives of the classical British school and Karl Marx. A major theme is also to what extent we can today, equipped with Sraffa's insights and analytical tools, re-interpret and develop ideas of classical authors, which they could present only in primitive forms, on technological progress, exhaustible resources and other contemporary issues. On Marx, the publication of the MEGA2 edition of the works, papers and correspondence of Marx and Engels also gives rise to a reconsideration of this relationship, given Marx's disenchantment with some of his own work and return to ideas advocated by Ricardo, especially as regards the long-term tendency of the rate of profits. Finally, the classical notion of competition and monopoly deserve to be scrutinized carefully again and frequent misinterpretations in the literature refuted. This volume is vital reading for scholars of classical economics, Marx and Sraffa, and the history of economic thought more broadly. It also deals with issues in the areas of machinery and technical progress, joint production, and economic development and growth.