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Library | Item Barcode | Call Number | Material Type | Item Category 1 | Status |
|---|---|---|---|---|---|
Searching... | 30000010297338 | HB241 P739 2010 | Open Access Book | Book | Searching... |
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Summary
Summary
This collection brings together significant new contributions to the Sraffa--based theories of production and distribution, from post-Keynesian arguments concerning monetary and macro economics to the history of thought and methodology. All of the authors are well established authorities in their field, and in this book they add stimulating and original pieces of analysis to the contemporary literature.
Production, Distribution and Trade is divided into three parts. The first explores analytical issues in production and exchange theory, the second examines Postkeynesian Macroeconomics and the final part includes essays on the history of economic thought and methodology. This collection has been written in honour of Sergio Parrinello and is a fitting tribute to his untiring efforts to stimulate discussion among Classicists, Marxists, Postkeynesians, and Evolutionists.
The book is a clear and convincing attempt to prove that an alternative paradigm to mainstream economics is alive and thriving and to argue that these perspectives shed better light on current economic problems, both as diagnosis and in terms of policy conclusions. The book will be of interest to Economics postgraduate students and researchers working in the Classical and Postkeynesian tradition.
Author Notes
Adriano Birolo is Associate professor at the University of Padua, Italy
Duncan K. Foley is Leo Model Professor of Economics at the New School for Social Research, USA.
Heinz D. Kurz is Full Professor of Economics at the University of Graz, Austria, and Director of the Graz Schumpeter Centre.
Bertram Schefold is Professor of Economic Theory at the Goethe-University Frankfurt, Germany.
Ian Steedman is Emeritus Research Professor at Manchester Metropolitan, UK.
Table of Contents
| List of Contributors | p. xiii |
| Introduction: The path of a scholar (Adriano Birolo) | p. 1 |
| Part I Analytical issues in production and exchange theory | p. 31 |
| 1 Bads as joint products in a linear production system | p. 33 |
| 2 Goods, characteristics and the shape of indifference curves | p. 62 |
| 3 Edgeworth without equal treatment | p. 67 |
| 4 Capital in the neoclassical theory: Some notes and 'A reply to Professor Bliss's Comment' | p. 77 |
| 5 Spurious 'margins' versus the genuine article | p. 101 |
| 6 Can Sraffa point us to a better future? | p. 119 |
| 7 Can Sraffa point us to a better future? A comment on Mainwaring | p. 136 |
| 8 Competitiveness and comparative advantage: Towards an evolutionary approach to growth and foreign trade | p. 141 |
| 9 Labour values in linear models with international trade | p. 159 |
| Part II Post-Keynesian macroeconomics | p. 173 |
| 10 The interlocked crisis of the real and the financial sector | p. 175 |
| 11 Financial risk redistribution and income fluctuations | p. 183 |
| 12 A new Triffin paradox for the global economy? | p. 208 |
| 13 Interest and the general price level: Some critical notes on 'The new consensus monetary policy model' | p. 216 |
| 14 Equilibrium, stability and path dependence in post-Keynesian models of economic growth | p. 233 |
| 15 On the circulation of real and fiat money in fix-price and flex-price economies | p. 254 |
| Part III History of economic thought and methodology | p. 287 |
| 16 The origins of social inequality: Beavers for women, deer for men | p. 289 |
| 17 Johann Heinrich von Thünen and the history of economic thought: Context and theory | p. 304 |
| 18 A twenty-first-century alternative to twentieth-century Peer Review | p. 333 |
| 19 Research standards for young Italian academics: What has changed over the last 30 years? | p. 349 |
| 20 Sergio as a young professor | p. 373 |
| 21 The smiles of Sergio | p. 376 |
| Index | p. 379 |
