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Topics in Classical Micro- and Macroeconomics - Elements of a Critique of Neoricardian Theory (Hardcover, 2010 ed.)
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Topics in Classical Micro- and Macroeconomics - Elements of a Critique of Neoricardian Theory (Hardcover, 2010 ed.)
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This book on Classical micro- and macrodynamics includes revised
versions of papers which were written between 1983 and 2000, some
jointly with co-authors, and it supplements them with recent work
on the issues which are raised and treated in them. It attempts to
demonstrate to the reader that themes of Classical economics, in
particular in the tradition of Smith, Ricardo and Marx, can be
synthesized into a coherent whole, from the perspective of formal
model building. This is accomplished by means of mathematical
techniques which, on the one hand, provide a consistent accounting
framework (labor values and prices of p- duction) as point of
reference for Classical micro- and macro-dynamics and which, on the
other hand, attempt to apply these accounting schemes - or suitable
ext- sions of them - by showing their usefulness as tools of
analysis of the implications of technological change (labor values)
and as potential tools for understanding the dynamics of market
prices and of income distribution around their centers of gravity
(production prices and the wage-pro't curve).
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