Robinson Contributions to Modern Economics

1. Auflage 2014
ISBN: 978-1-4832-6323-6
Verlag: Elsevier Science & Techn.
Format: PDF
Kopierschutz: 1 - PDF Watermark

E-Book, Englisch, 296 Seiten, Web PDF

Contributions to Modern Economics includes contributions to two great intellectual upheavals in economic theory: the Keynesian Revolution and the revival of the classical theory of profits led by Piero Sraffa. The formation of prices in capitalist and socialist economies and of international trade is also discussed. The evolution of these ideas is linked to the personal and historical events that influenced them. Comprised of 24 chapters, this book begins by describing the second crisis of economic theory, which is related to the first crisis - the great slump of the 1930s. The reader is then introduced to the theory of money and the analysis of output; obstacles to full employment; and the concept of hoarding. Subsequent chapters explore capital, profits, and prices, with emphasis on the theory of capital, imperfect competition, and the theory of value. International trade, capitalism, and beggar-my-neighbor remedies for unemployment are also examined. This monograph should be of interest to economists.

Autoren/Hrsg.

Robinson, Joan

Inhaltsverzeichnis

1;Front Cover;1
2;Contributions to Modern Economics;4
3;Copyright Page;5
4;Table of Contents;6
5;PREFACE;8
6;REMINISCENCES;10
7;Chapter 1. THE SECOND CRISIS OF ECONOMIC THEORY;24
8;Chapter 2. THE THEORY OF MONEY AND THE ANALYSIS OF OUTPUT;37
9;Chapter 3. OBSTACLES T O FULL EMPLOYMENT;43
10;Chapter 4. THE CONCEPT OF HOARDING;52
11;Chapter 5. THE RATE OF INTEREST;58
11.1;INTRODUCTION;58
11.2;THE STRUCTURE OF THE MARKET;59
11.3;AN INCREASE IN THE RATE OF INVESTMENT;70
11.4;AN INCREASE IN THRIFTINESS;72
12;Chapter 6. KALECKI AND KEYNES;76
13;Chapter 7. MARX, MARSHALL AND KEYNES;84
13.1;THE GREAT CONTRADICTIONS;94
14;Chapter 8. THE PRODUCTION FUNCTION AND THE THEORY OF CAPITAL;99
14.1;INTRODUCTION;99
14.2;THE QUANTITY OF CAPITAL;102
14.3;LONG–PERIOD EQUILIBRIUM;105
14.4;WAGES AND PROFITS;110
14.5;POSTSCRIPT;113
15;Chapter 9. PRE-KEYNESIAN THEORY AFTER KEYNES;114
15.1;THE PSEUDO PRODUCTON FUNCTION;115
15.2;THE TRAM LINE;116
15.3;TECHNICAL PROGRESS;120
15.4;THE NEO-NEO-CLASSICAL THEOREM;122
15.5;MARGINAL PRODUCTS;122
15.6;So WHAT?;124
16;Chapter 10. CAPITAL THEORY UP-TO-DATE;126
16.1;1. RESWITCHING;126
16.2;2. CAPITAL;129
16.3;3. WAGES AND PROFITS;131
16.4;4. ECONOMETRICS;134
17;Chapter 11. THE MEANING OF CAPITAL;137
18;Chapter 12. HISTORY VERSUS EQUILIBRIUM;149
19;Chapter 13. A LECTURE DELIVERED AT OXFORD BY A CAMBRIDGE ECONOMIST;160
20;Chapter 14. THE PHILOSOPHY OF PRICES;169
20.1;INTRODUCTION;169
20.2;Two KINDS OF PRICES;171
20.3;AN EXCHANGE ECONOMY;172
20.4;PRICES AND INCOME IN A PLANNED ECONOMY;174
20.5;A WAGE ECONOMY;177
20.6;PRICES OF CONSUMERS' GOODS IN A PLANNED ECONOMY;180
20.7;PRICES OF MATERIALS;186
20.8;THE LAW OF VALUE;187
21;Chapter 15. IMPERFECT COMPETITION' REVISITED;189
21.1;INDUSTRIES AND MARKETS;189
21.2;WHO MAXIMIZES WHAT?;191
21.3;FORMS OF COMPETITION;194
21.4;PRICE POLICY;196
21.5;EQUILIBRIUM;200
21.6;THE CAUSES OF MONOPOLY;201
21.7;POSTSCRIPT;203
22;Chapter 16. THE THEORY OF VALUE RECONSIDERED;205
23;Chapter 17. BEGGAR-MY-NEIGHBOUR REMEDIES FOR UNEMPLOYMENT;213
24;Chapter 18. THE NEW MERCANTILISM;224
25;Chapter 19. THE NEED FOR A RECONSIDERATION OF THE THEORY OF INTERNATIONAL TRADE;236
26;Chapter 20. HAS CAPITALISM CHANGED ?;246
27;Chapter 21. LATTER-DAY CAPITALISM;252
27.1;DIGGING HOLES;252
27.2;THE POLITICAL TRADE CYCLE;254
27.3;STAGNATION;255
27.4;WAGES;257
27.5;THE BALANCE OF PAYMENTS;259
27.6;COMMODITY MARKETS;260
27.7;'BY-PRODUCT OF A CASINO';261
27.8;THE POST-WAR RECORD;261
27.9;AFFLUENT CHEESEPARING;262
28;Chapter 22. SOCIALIST AFFLUENCE;263
28.1;1. PROBLEMS OF CAPITALISM;263
28.2;2. PROBLEMS OF SOCIALISM;266
28.3;3. MANAGEMENT;269
28.4;4. THE WORKERS;270
28.5;5. PRICES AND COSTS;271
28.6;6. OPTIMUM SAVING;272
28.7;7. INVESTMENT PLANNING;274
28.8;8. CONSUMER SOVEREIGNTY;275
29;Chapter 23. WHAT HAS BECOME OF EMPLOYMENT POLICY;277
29.1;Bibliography;289
30;Chapter 24. BEAUTY AND THE BEAST;290