An Introduction To Post Keynesian And Marxian Theories Of Value And Price

Author : Peter M. Lichtenstein
Publisher : Routledge
Page : 175 pages
File Size : 42,5 Mb
Release : 2017-01-20
Category : Business & Economics
ISBN : 9781351965620

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An Introduction to Post-Keynesian and Marxian Theories of Value and Price by Peter M. Lichtenstein Pdf

Peter M. Lichtenstein believes that any social-economic theory of capitalism must begin with a theory of value and price. Dismissing the neoclassical school, he turns to post-Keynesian and Marxian economics with their coherent and consistent theories of value and price based on concrete objective circumstances. The development of these theories in the author’s aim because he believes that this approach comes much closer than neoclassical theory to capturing the essence of a capitalism economy. This book, first published in 1983, is addressed to economics students, especially to those studying microeconomics or the history of economic thought, and to economists seeking an overview of these issues.

Author : J. A. Kregel
Publisher : Unknown
Page : 244 pages
File Size : 51,8 Mb
Release : 1973
Category : Economics
ISBN : UOM:39015003657411

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The Reconstruction of Political Economy by J. A. Kregel Pdf

Author : Philip Arestis
Publisher : Edward Elgar Publishing
Page : 340 pages
File Size : 46,8 Mb
Release : 1992
Category : Business & Economics
ISBN : 1852781548

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The Post-Keynesian Approach to Economics by Philip Arestis Pdf

This major new book provides a coherent critique of the neo-classical synthesis together with a comprehensive and systematic introduction to the post Keynesian alternatives. Professor Arestis demonstrates that post Keynesian economics offers a challenge to conventional neoclassical economics. He argues that although post Keynesianism is not problem-free, it nevertheless offers a more satisfactory explanation of 'real' phenomena. The post Keynesian Approach to Economicsreveals the microfoundations of post Keynesian economics and describes how these theoretical propositions link up with the macrofoundations. In doing so, it demonstrates that money pricing, capital accumulation, growth and distribution are linked very closely together. The economic policy implications are discussed extensively.

Author : M. Lavoie
Publisher : Springer
Page : 150 pages
File Size : 52,7 Mb
Release : 2007-06-15
Category : Business & Economics
ISBN : 9780230626300

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Introduction to Post-Keynesian Economics by M. Lavoie Pdf

This book shows how the realistic foundations and stylized facts of Post-Keynesian economics give rise to macroeconomic implications that are different from those of received wisdom with regards to employment, output growth, inflation and monetary theory, and offers an alternative to neoclassical economics and its free-market economic policies.

Author : Richard D. Wolff,Stephen A. Resnick
Publisher : MIT Press
Page : 425 pages
File Size : 55,8 Mb
Release : 2012-09-07
Category : Business & Economics
ISBN : 9780262517836

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Contending Economic Theories by Richard D. Wolff,Stephen A. Resnick Pdf

A systematic comparison of the 3 major economic theories—neoclassical, Keynesian, and Marxian—showing how they differ and why these differences matter in shaping economic theory and practice. Contending Economic Theories offers a unique comparative treatment of the three main theories in economics as it is taught today: neoclassical, Keynesian, and Marxian. Each is developed and discussed in its own chapter, yet also differentiated from and compared to the other two theories. The authors identify each theory's starting point, its goals and foci, and its internal logic. They connect their comparative theory analysis to the larger policy issues that divide the rival camps of theorists around such central issues as the role government should play in the economy and the class structure of production, stressing the different analytical, policy, and social decisions that flow from each theory's conceptualization of economics. Building on their earlier book Economics: Marxian versus Neoclassical, the authors offer an expanded treatment of Keynesian economics and a comprehensive introduction to Marxian economics, including its class analysis of society. Beyond providing a systematic explanation of the logic and structure of standard neoclassical theory, they analyze recent extensions and developments of that theory around such topics as market imperfections, information economics, new theories of equilibrium, and behavioral economics, considering whether these advances represent new paradigms or merely adjustments to the standard theory. They also explain why economic reasoning has varied among these three approaches throughout the twentieth century, and why this variation continues today—as neoclassical views give way to new Keynesian approaches in the wake of the economic collapse of 2008.

Author : Ludo Cuyvers
Publisher : Taylor & Francis
Page : 264 pages
File Size : 40,5 Mb
Release : 2022-06-09
Category : Business & Economics
ISBN : 9781000600421

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Neo-Marxism and Post-Keynesian Economics by Ludo Cuyvers Pdf

Piero Sraffa and Joan Robinson, both iconic Cambridge economists, were highly influenced by the economic theory of Karl Marx, and integrated important elements of Marx’s economic system into their theories. This book argues, based on published and unpublished documents, that the work of Sraffa and Robinson can in fact be considered as essentially post-Keynesian neo-Marxist. The first part of the book reviews the intellectual development of several key thinkers to this neo-Marxist current in economic thought: Kalecki, Steindl, Baran and Sweezy. Part One and Part Two separately examine Robinson and Sraffa’s works and questions how they fit into this specific neo-Marxist current, either building on it (in Robinson’s case), or following another direction (in Sraffa’s case). Part Three observes Robinson’s theory of economic growth and its relationship to the views of Marx and Kalecki. Overall, Cuyvers demonstrates how their thought processes share characteristics with neo-Marxist key ideological ideas, such as stating or implying the labour theory of value as either redundant or wrong, emphasising the role of class struggle in the distribution of income and rejecting Marx’s falling rate of profits. Following on from ideas briefly introduced in Cuyvers’s Economic Ideas of Marx’s Capital (2017), this book will particularly appeal to readers interested in the history of economic thought, the work of Sraffa, Robinson and Marx, post-Keynesian economics and neo-Marxism.

Author : Mark A. Glick
Publisher : Edward Elgar Publishing
Page : 296 pages
File Size : 54,6 Mb
Release : 1994
Category : Business & Economics
ISBN : STANFORD:36105009802153

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Competition, Technology, and Money by Mark A. Glick Pdf

This collection of papers, written by experts in both post-Keynesian and classical economics, addresses the critial issues in both areas. Topics covered include post-Keynesian and Marxist notions of competition, heterodox theories of technological unemployment, and absolute advantage.

Author : Richard P. F. Holt,Steven Pressman
Publisher : Psychology Press
Page : 134 pages
File Size : 53,9 Mb
Release : 2001
Category : Business & Economics
ISBN : 9780415229821

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A New Guide to Post Keynesian Economics by Richard P. F. Holt,Steven Pressman Pdf

Providing a comprehensive introduction to the post-Keynesian position on key issues confronting economists and public policy makers, this text reflects the changes that have occurred in post-Keynesian thought in recent years.

Author : H. Nicholas
Publisher : Palgrave Macmillan
Page : 0 pages
File Size : 53,8 Mb
Release : 2011-10-18
Category : Political Science
ISBN : 0230302572

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Marx's Theory of Price and its Modern Rivals by H. Nicholas Pdf

Marx's Theory of Price and its Modern Rivals provides an original look at how Marx understood the role of money, extending his theory to consider how prices move over the course of business cycles. Key modern theories of price are also analysed; Neoclassical, Post Keynesian and Sraffian theories are contrasted with Marxian thought.

Author : Frederic S. Lee
Publisher : Cambridge University Press
Page : 293 pages
File Size : 54,7 Mb
Release : 1999-02-04
Category : Business & Economics
ISBN : 9781139426978

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Post Keynesian Price Theory by Frederic S. Lee Pdf

This book sets out the foundations of post-Keynesian price theory. Blending theory and analysis it is the first comprehensive assessment of post-Keynesian price theory and its foundations. Scholars and students will particularly welcome the emphasis on the non-neoclassical and non-equilibrium nature of post-Keynesian price theory.

Author : Alfred S. Eichner
Publisher : M.E. Sharpe
Page : 268 pages
File Size : 41,6 Mb
Release : 1985
Category : Business & Economics
ISBN : 0873323262

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Toward a New Economics by Alfred S. Eichner Pdf

Presents the body of Post-Keynesian theory as an integrated whole, demonstrating that it is just as comprehensive and coherent as the neoclassical synthesis.

Author : John Edward King
Publisher : Edward Elgar Publishing
Page : 336 pages
File Size : 44,7 Mb
Release : 2002
Category : Business & Economics
ISBN : STANFORD:36105111770454

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A History of Post Keynesian Economics Since 1936 by John Edward King Pdf

Arguing that post-Keynesian economics extended the discussion to questions neglected by Keynes and challenged orthodox macroeconomics, King (economics, La Trobe U., Australia) traces the development of post-Keynesianism from its origins in the 1930s to possible future developments. Along the way, he examines the challenges of the theory to the neoclassical paradigm of the 1970s, its ultimate failure to prevail, the differences between various schools of post-Keynesian theory, and relations with other economic theories. He treats the topic as solely an intellectual history, not discussing how political and social power may have affected the ability of one or the other economic theories to prevail. Annotation copyrighted by Book News, Inc., Portland, OR

Author : H. Nicholas
Publisher : Springer
Page : 228 pages
File Size : 44,5 Mb
Release : 2011-10-18
Category : Political Science
ISBN : 9780230346505

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Marx's Theory of Price and its Modern Rivals by H. Nicholas Pdf

Marx's Theory of Price and its Modern Rivals provides an original look at how Marx understood the role of money, extending his theory to consider how prices move over the course of business cycles. Key modern theories of price are also analysed; Neoclassical, Post Keynesian and Sraffian theories are contrasted with Marxian thought.

Author : Bill Dunn
Publisher : Unknown
Page : 0 pages
File Size : 53,7 Mb
Release : 2023-04-18
Category : Electronic
ISBN : 1526171775

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Keynes and Marx by Bill Dunn Pdf

The book develops a sympathetic Marxist critique of Keynes. Keynes's insights, particularly into unemployment, money and finance and the importance of state intervention gain greater critical purchase when re-worked on Marxist foundations and doing so also enriches Marxism.

Author : Ernesto Screpanti
Publisher : Open Book Publishers
Page : 134 pages
File Size : 46,5 Mb
Release : 2019-10-09
Category : Education
ISBN : 9781783747825

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Labour and Value: Rethinking Marx’s Theory of Exploitation by Ernesto Screpanti Pdf

In this book Ernesto Screpanti provides a rigorous examination of Marx’s theory of exploitation, one of the cornerstones of Marxist thought. With precision and clarity, he identifies the holes in traditional readings of Marx’s theory before advancing his own original interpretation, drawing on contemporary philosophy and economic theory to provide a refreshingly interdisciplinary exegesis. Screpanti’s arguments are delivered with perspicuity and verve: this is a book that aims to spark a debate. He exposes ambiguities present in Marx’s exposition of his own theory, especially when dealing with the employment contract and the notions of ‘abstract labor’ and ‘labor value’, and he argues that these ambiguities have given rise to misunderstandings in previous analyses of Marx’s theory of exploitation. Screpanti’s own interpretation is a meticulously argued counterpoint to these traditional interpretations. Labour and Value is a significant contribution to the theory of economics, particularly Marxist economics. It will also be of great interest to scholars in other disciplines including sociology, political science, and moral and political philosophy. Screpanti’s clear and engaging writing style will attract the interested general reader as well as the academic theorist.