Critical Essays on Piero Sraffa's Legacy in Economics

Critical Essays on Piero Sraffa's Legacy in Economics
Author: Heinz D. Kurz
Publisher: Cambridge University Press
Total Pages: 480
Release: 2000-06-19
Genre: Biography & Autobiography
ISBN: 9780521580892

A critical assessment of Sraffa's published works and their legacy for the economics profession.

Piero Sraffa's Political Economy

Piero Sraffa's Political Economy
Author: Terenzio Cozzi
Publisher: Routledge
Total Pages: 817
Release: 2000-11-23
Genre: Business & Economics
ISBN: 1134592167

A century after his birth, this volume presents a re-assessment of the life and work of Piero Sraffa, one of the great economists of the twentieth century. From his anti-Marshallian articles of 1925 and 1926 to his classic work on the theory of capital, Production of Commodities by Means of Commodities, Sraffa's contribution to the study of economi

Luigi L. Pasinetti: An Intellectual Biography

Luigi L. Pasinetti: An Intellectual Biography
Author: Mauro L. Baranzini
Publisher: Springer
Total Pages: 396
Release: 2018-03-18
Genre: Business & Economics
ISBN: 3319710729

Luigi L. Pasinetti (born 1930) is arguably the most influential of the second generation of the Cambridge Keynesian School of Economics, both because of his achievements and his early involvement with the direct pupils of John Maynard Keynes. This comprehensive intellectual biography traces his research from his early groundbreaking contribution in the field of structural economic dynamics to the ‘Pasinetti Theorem’. With scientific outputs spanning more than six decades (1955–2017), Baranzini and Mirante analyse the impact of his research work and roles at Cambridge, the Catholic University of Milan and at the new University of Lugano. Pasinetti’s whole scientific life has been driven by the desire to provide new frameworks to explain the mechanisms of modern economic systems, and this book assesses how far this has been achieved.

Reclaiming Pluralism in Economics

Reclaiming Pluralism in Economics
Author: Jerry Courvisanos
Publisher: Routledge
Total Pages: 386
Release: 2016-03-31
Genre: Business & Economics
ISBN: 1317359860

Until the end of the early 1970s, from a history of economic thought perspective, the mainstream in economics was pluralist, but once neoclassical economics became totally dominant it claimed the mainstream as its own. Since then, alternative views and schools of economics increasingly became minorities in the discipline and were considered ‘heterodox’. This book is in honour of John Edward King who has an impressive publication record in the area of economic theory with specific interest in how economic thought in the past shapes current economic theory and enforces certain paths of economic policy and economic development. This book is divided into five themes based on King’s interests. The first theme looks at the challenge in trying to reclaim pluralism in economics. The second faces head-on the direct collision of mainstream economics with history of economic thought and heterodox economics. The third addresses classical economic ideas, their central influence in the past and how they can still primarily guide modern pluralist economics. The fourth examines Post Keynesian and Kaleckian economics with a view to providing a more coherent and extensive branch of heterodox economics. The final theme critiques the policy of neoliberalism that has entrenched itself in capitalist economies which have led to financial, industrial, labour, and behavioural/consumerist crises. This text aims to provide a clear path for pluralism to serve the economics discipline as its standard bearer, and to no longer be merely a heterodox challenge to the mainstream. This book is of interest to those who study history of economic thought, political economy and heterodox economics.

A.C. Pigou and the 'Marshallian' Thought Style

A.C. Pigou and the 'Marshallian' Thought Style
Author: Karen Lovejoy Knight
Publisher: Springer
Total Pages: 323
Release: 2018-12-29
Genre: Business & Economics
ISBN: 303001018X

This book provides a study of the forces underlying the development of economic thought at Cambridge University during the late nineteenth century and the first half of the twentieth century. The primary lens it uses to do so is an examination of how Arthur Cecil Pigou’s thinking, heavily influenced by his predecessor, Alfred Marshall, evolved. Aspects of Pigou’s context, biography and philosophical grounding are reconstructed and then situated within the framework of Ludwik Fleck’s philosophy of scientific knowledge, most notably by drawing on the notions of ‘thought styles’ and ‘thought collectives’. In this way, Knight provides a novel contribution to the history of Pigou's economic thought.

Contributions to the History of Economic Thought

Contributions to the History of Economic Thought
Author: Antoin Murphy
Publisher: Routledge
Total Pages: 368
Release: 2000-12-14
Genre: Business & Economics
ISBN: 1134608209

Featuring original contributions from some of the leading contemporary figures in the history of economic thought, this book offers new perspectives on key topics, from Smith's Wealth of Nations to the Jevonian Revolution. Drawing inspiration from the life and work of R.D.C. Black, formerly Professor of Economics at Queen's University Belfast, this book will be of essential interest to any serious scholar of economic thought.

Input-Output Analysis

Input-Output Analysis
Author: Ronald E. Miller
Publisher: Cambridge University Press
Total Pages: 783
Release: 2009-07-30
Genre: Business & Economics
ISBN: 0521517133

This edition of a classic textbook is an essential reference for students and scholars in the input-output research and applications community. New topics covered include SAMs (and extended input-output models) and their connection to input-output data, structural decomposition analysis (SDA), multiplier decompositions, identifying important coefficients, and international input-output models.

Handbook on the History of Economic Analysis Volume II

Handbook on the History of Economic Analysis Volume II
Author: Gilbert Faccarello
Publisher: Edward Elgar Publishing
Total Pages: 498
Release: 2016-07-27
Genre: Business & Economics
ISBN: 1785367366

This unique troika of Handbooks provides indispensable coverage of the history of economic analysis. Edited by two of the foremost academics in the field, the volumes gather together insightful and original contributions from scholars across the world. The encyclopaedic breadth and scope of the original entries will make these Handbooks an invaluable source of knowledge for all serious students and scholars of the history of economic thought.

The Theory of Value and Distribution in Economics

The Theory of Value and Distribution in Economics
Author: Pierangelo Garegnani
Publisher: Routledge
Total Pages: 161
Release: 2012-08-21
Genre: Business & Economics
ISBN: 1136244816

This new volume explores two alternative economic theories – the classical theory and the marginalist or neoclassical theory- through a discussion between two eminent economists, Pierangelo Garegnani and Paul Samuelson. The key themes of the volume are the difference in approaches to the explanation of the distribution of income and relative prices, and therefore different approaches to all other economic problems, in particular capital accumulation and economic growth. The book discusses whether there is a ‘classical’ approach to the theory of value and distribution at the core of economic theory that is fundamentally different from the later marginalist or neoclassical theory. In the volume, the late Pierangelo Garegnani argues for the validity of Piero Sraffa’s position on this issue, whilst the late noble laureate Paul Samuelson vehemently contests it. At a time of economic crisis, the future of the discipline is far from certain, and so it is extremely important to bring these debates back into the light, by reproducing them together for the first time. A comprehensive introduction by Heinz Kurz sets the debate in this context, and provides crucial background to the arguments.

Resources, Production and Structural Dynamics

Resources, Production and Structural Dynamics
Author: Mauro L. Baranzini
Publisher: Cambridge University Press
Total Pages: 521
Release: 2015-04-30
Genre: Business & Economics
ISBN: 1316299724

Economists since the First Industrial Revolution have been interested in the links between economic growth and resources, often pointing to resource scarcities as a hindrance to growth. Offering a counter perspective, this volume highlights the positive role that scarcities can play in inducing technical progress and economic growth. It outlines a structural framework for the political economy of scarcity and rents, and offers a novel way of organizing the evidence concerning the role of resources in industrial growth. This book proposes a major shift in the treatment of scarcity issues by focusing on bottlenecks and opportunities arising within the production system, and will appeal to economists and policy makers interested in the role of resources as triggers of structural change.