Some Cambridge Controversies in the Theory of Capital

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Publisher : Cambridge University Press
ISBN 13 : 9780521082945
Total Pages : 292 pages
Book Rating : 4.0/5 (829 download)

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Book Synopsis Some Cambridge Controversies in the Theory of Capital by : G. C. Harcourt

Download or read book Some Cambridge Controversies in the Theory of Capital written by G. C. Harcourt and published by Cambridge University Press. This book was released on 1972-05-25 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Some Cambridge Controversies in the Theory of Capital

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Publisher : Cambridge University Press
ISBN 13 : 1009175629
Total Pages : 353 pages
Book Rating : 4.0/5 (91 download)

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Book Synopsis Some Cambridge Controversies in the Theory of Capital by : G. C. Harcourt

Download or read book Some Cambridge Controversies in the Theory of Capital written by G. C. Harcourt and published by Cambridge University Press. This book was released on 2022-06-02 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Cambridge Capital Controversy was one of the most significant debates in Twentieth Century economics. First published in 1972, this book provides an accessible reconstruction of the controversy with detailed discussion of the major points raised by its primary protagonists: Piero Sraffa and Joan Robinson on the post-Keynesian side (Cambridge, UK) and Robert Solow and Paul Samuelson on the neo-classical side (Cambridge, MA). The book is now considered to be a classic. This fiftieth anniversary edition comes with a new preface by the author and two new afterwords that reflect on the author's contribution to the field and the significance of the book in the history of economics. Topics covered 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.

Revisiting the Cambridge Capital Theory Controversies. A Historical and Analytical Study

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Publisher :
ISBN 13 : 9788896764176
Total Pages : 172 pages
Book Rating : 4.7/5 (641 download)

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Book Synopsis Revisiting the Cambridge Capital Theory Controversies. A Historical and Analytical Study by : Andrés Lazzarini

Download or read book Revisiting the Cambridge Capital Theory Controversies. A Historical and Analytical Study written by Andrés Lazzarini and published by . This book was released on 2011 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Cambridge Controversies in Capital Theory

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Author :
Publisher : Routledge
ISBN 13 : 1134906536
Total Pages : 437 pages
Book Rating : 4.1/5 (349 download)

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Book Synopsis Cambridge Controversies in Capital Theory by : Jack Birner

Download or read book Cambridge Controversies in Capital Theory written by Jack Birner and published by Routledge. This book was released on 2002-02-21 with total page 437 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

The Cambridge-Cambridge Controversy in the Theory of Capital

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Publisher :
ISBN 13 :
Total Pages : 11 pages
Book Rating : 4.:/5 (652 download)

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Book Synopsis The Cambridge-Cambridge Controversy in the Theory of Capital by : J. E. Stiglitz

Download or read book The Cambridge-Cambridge Controversy in the Theory of Capital written by J. E. Stiglitz and published by . This book was released on 1974 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Cambridge Capital Controversy

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Publisher : One Billion Knowledgeable
ISBN 13 :
Total Pages : 371 pages
Book Rating : 4.:/5 (661 download)

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Book Synopsis Cambridge Capital Controversy by : Fouad Sabry

Download or read book Cambridge Capital Controversy written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-02-01 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Some Cambridge Controversies in the Theory of Capital

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Publisher :
ISBN 13 :
Total Pages : 272 pages
Book Rating : 4.:/5 (117 download)

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Book Synopsis Some Cambridge Controversies in the Theory of Capital by : Geoffrey Colin Harcourt

Download or read book Some Cambridge Controversies in the Theory of Capital written by Geoffrey Colin Harcourt and published by . This book was released on 1992 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Some Cambridge Controversies in the Theory of Capital

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Publisher :
ISBN 13 : 9781009158138
Total Pages : 37 pages
Book Rating : 4.1/5 (581 download)

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Book Synopsis Some Cambridge Controversies in the Theory of Capital by : Geoffrey Colin Harcourt

Download or read book Some Cambridge Controversies in the Theory of Capital written by Geoffrey Colin Harcourt and published by . This book was released on 2022 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Cambridge Capital Controversy was one of the most significant debates in Twentieth Century economics. First published in 1972, this book provides an accessible reconstruction of the controversy with detailed discussion of the major points raised by its primary protagonists: Piero Sraffa and Joan Robinson on the post-Keynesian side (Cambridge, UK) and Robert Solow and Paul Samuelson on the neo-classical side (Cambridge, MA). The book is now considered to be a classic. This fiftieth anniversary edition comes with a new preface by the author and two new afterwords that reflect on the author's contribution to the field and the significance of the book in the history of economics. Topics covered 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"--

The Cambridge Controversies in Capital Theory

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Author :
Publisher : Psychology Press
ISBN 13 : 9780415073486
Total Pages : 206 pages
Book Rating : 4.0/5 (734 download)

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Book Synopsis The Cambridge Controversies in Capital Theory by : Jack Birner

Download or read book The Cambridge Controversies in Capital Theory written by Jack Birner and published by Psychology Press. This book was released on 2002 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Capital Theory

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Publisher : Springer
ISBN 13 : 1349208612
Total Pages : 287 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis Capital Theory by : John Eatwell

Download or read book Capital Theory written by John Eatwell and published by Springer. This book was released on 1990-07-23 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Meaning of the Cambridge controversies capital theory: an attempt at communication

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Publisher :
ISBN 13 :
Total Pages : 53 pages
Book Rating : 4.:/5 (935 download)

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Book Synopsis The Meaning of the Cambridge controversies capital theory: an attempt at communication by :

Download or read book The Meaning of the Cambridge controversies capital theory: an attempt at communication written by and published by . This book was released on 1986 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt:

On the Second Stage of the Cambridge Capital Controversy

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis On the Second Stage of the Cambridge Capital Controversy by : Saverio M. Fratini

Download or read book On the Second Stage of the Cambridge Capital Controversy written by Saverio M. Fratini and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second stage of the Cambridge capital controversy concerns the neo-Walrasian theory of value and distribution. Since production is not understood in this theory as employing factors of production but rather commodities, that is goods and services with date and place of delivery, some scholars maintained that it is not affected by the problems that emerged, during the first stage of the controversy, as regards the conception of capital as a factor of production and the rate of interest as the price for its use. The reply of the 'neo-Ricardians' was based on two arguments. The first regarded the relevance of the new notions of equilibrium adopted in the neo-Walrasian approach, with particular reference to temporary and Arrow-Debreu equilibria, and the second the possibility that the phenomena of re-switching and reverse capital deepening, by affecting the working of the saving-investment market, could cause equilibrium multiplicity and instability also in a neo-Walrasian framework.

Austrian Capital Theory

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Publisher : Cambridge University Press
ISBN 13 : 110875273X
Total Pages : 102 pages
Book Rating : 4.1/5 (87 download)

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Book Synopsis Austrian Capital Theory by : Peter Lewin

Download or read book Austrian Capital Theory written by Peter Lewin and published by Cambridge University Press. This book was released on 2019-01-10 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Element presents a new framework for Austrian capital theory, starting from the notion that capital is value. Capital is the value attributed by the valuer at any moment in time to the combination of production-goods and labor available for production. Capital is the result obtained by calculating the current value of a business-unit or business-project that employs resources over time. It is the result of a (subjective) entrepreneurial calculation process that relates the flow of consumptions goods to the value of the productive resources that will produce those consumptions goods. The entrepreneur is a ubiquitous calculating presence. In a review of the development of Austrian capital theory, by Carl Menger, Eugen von Böhm-Bawerk, Ludwig von Mises, Friedrich Hayek, Ludwig Lachmann as well as recent contributions, the Element incorporates the seminal contributions into the new framework in order to provide a more accessible perspective on Austrian capital theory.

Resolving the Cambridge-Cambridge Controversy

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

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Book Synopsis Resolving the Cambridge-Cambridge Controversy by : Hak Choi

Download or read book Resolving the Cambridge-Cambridge Controversy written by Hak Choi and published by . This book was released on 2014 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper attempts to resolve the Cambridge-Cambridge Capital Controversy. It shows that the controversy arises because neoclassical economists had erroneously started with investigating the capital function, and used it to derive an investment function. This paper tries the reverse direction. It works out a theory of investment completed with demand and supply, based on the Central Limit Theorem and Ricardo's comparative advantage. Then, capital and interest rates can be easily explained.

Capital in Economic Theory

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Publisher : Aldershot, England : E. Elgar
ISBN 13 :
Total Pages : 522 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Capital in Economic Theory by : Syed Ahmad

Download or read book Capital in Economic Theory written by Syed Ahmad and published by Aldershot, England : E. Elgar. This book was released on 1991 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt: This major book presents a comprehensive treatment of modern capital theory. It brings together in a balanced and systematic way, the various approaches to capital theory which have emerged or re-emerged in the most recent controversies on the subject. The book focuses on the main approaches namely simple neoclassical, neo-Austrian, Cambridge and disaggregative intertemporal. In conclusion, the book introduces and applies chaos theory with an assessment of its potential for the future development of the subject.

Money, Interest and Capital

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Publisher : Cambridge University Press
ISBN 13 : 9780521359566
Total Pages : 340 pages
Book Rating : 4.3/5 (595 download)

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Book Synopsis Money, Interest and Capital by : Colin Rogers

Download or read book Money, Interest and Capital written by Colin Rogers and published by Cambridge University Press. This book was released on 1989-05-11 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: The novel feature of this study is the application of Keynes' principle of effective demand to demonstrate the existence of a long-run unemployment equilibrium without the assumption of rigid wages.

Markets, Unemployment and Economic Policy

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Publisher : Routledge
ISBN 13 : 1134784244
Total Pages : 604 pages
Book Rating : 4.1/5 (347 download)

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Book Synopsis Markets, Unemployment and Economic Policy by : Philip Arestis

Download or read book Markets, Unemployment and Economic Policy written by Philip Arestis and published by Routledge. This book was released on 2005-10-19 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume more than 40 leading economists pay tribute to, and critically evaluate, Geoff Harcourt's work. Contributors include Tony Atkinson, Tony Lawson, Edward Nell and Ian Steedman.