The 'classical' approach to economic problems, which can be traced back to Adam Smith and David Ricardo, has seen a remarkable revival in recent years. The essays in this collection argue that this approach holds the key to an explanation of important present day economic phenomena. Focusing on the analytical potentialities of classical economics, the contributors illustrate how an important element of understanding its approach consists of developing and using its explanatory power.
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The essays in this collection argue that the 'classical' approach to economic problems holds the key to an explanation of important present day economic phenomena.
1 UNDERSTANDING ‘CLASSICAL’ ECONOMICS An introduction, Part I ‘Classical’ economics and modern theory 2 VON NEUMANN’S GROWTH MODEL AND THE ‘CLASSICAL’ TRADITION 3 ADAM SMITH ON FOREIGN TRADE A note on the ‘vent for surplus’ argument 4 ‘ENDOGENOUS’ GROWTH MODELS AND THE ‘CLASSICAL’ TRADITION 5 THE NON-SUBSTITUTION THEOREM Making good a lacuna Part II On Sraffa’s contribution 6 SRAFFA, MARSHALL AND THE PROBLEM OF RETURNS 7 THE ‘STANDARD COMMODITY’ AND RICARDO’S SEARCH FOR AN ‘INVARIABLE MEASURE OF VALUE’ 8 MORISHIMA ON RICARDO 9 PEACH ON RICARDO Part III On the labour theory of value 10 KARL MARX ON PHYSIOCRACY 11 NO RESWITCHING? NO SWITCHING! Part IV On the critique of neoclassical theory 12 ON CRITICS AND PROTECTIVE BELTS 13 ‘PRODUCTIVITY CURVES’ IN THE ACCUMULATION OF CAPITAL
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Produktdetaljer
ISBN
9780415158718
Publisert
1997-11-20
Utgiver
Vendor
Routledge
Vekt
700 gr
Høyde
234 mm
Bredde
156 mm
Aldersnivå
U, 05
Språk
Product language
Engelsk
Format
Product format
Innbundet
Antall sider
292
Om bidragsyterne
Heinz D Kurz (University of Graz, Austria Karl-Franzens-University Graz, Austria), Neri Salvadori (Universita degli Studi, Pisa)