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This is a major contribution to post-Keynesian thought. With studies of the key pioneers - Keynes himself, Kalecki, Kahn, Goodwin, Kaldor, Joan Robinson, Sraffa and Pasinetti - G. C. Harcourt emphasizes their positive contributions to theories of distribution, pricing, accumulation, endogenous money and growth. The propositions of earlier chapters are brought together in an integrated narrative and interpretation of the major episodes in advanced capitalist economics in the post-war period, leading to a discussion of the relevance of post-Keynesian ideas to both our understanding of economics and to policy-making. The appendices include biographical sketches of the pioneers and analysis of the conceptual core of their discontent with orthodox theories. Drawing on the author's experience of teaching and researching over fifty years, this book will appeal to undergraduate and graduate students interested in alternative approaches to theoretical, applied and policy issues in economics, as well as to teachers and researchers in economics.
This volume is a collection of intellectual biographies of economists, which the author has written over the last 16 years, focusing on their contributions to economics as well as their background and personal characteristics. There are four categories: accounts of Cambridge greats - Joan Robinson, Piero Sraffa, Nicholas Kaldor, Richard Kahn; oral histories of Lorie Tarshis, George Shackle, Kenneth Boulding and Richard Goodwin; memoirs of close friends of the author who have died; and shorter essays which include John Hicks, James Meade, Brian Reddaway, Arthur Smithies, Heinz Arndt and J.M. Keynes. The author has also written Keynes and His Contemporaries, Controversies in Political Economy and On Political Economists and Modern Political Economy.
This CD accompanies a collection of four complete practice tests for the updated Key English Test (KET), specially prepared by University of Cambridge ESOL Examinations. These tests provide candidates with an excellent opportunity to familiarise themselves with the updated KET exam (to be introduced in March 2004) and to practise examination techniques. Visual material for Paper 3 is included with each test, enabling students to prepare thoroughly for the paired Speaking test. The Student's Book is available with or without answers. The 'with answers' edition contains a comprehensive section of keys and tapescripts, making it ideal for self-study. The CD contains the listening material for Paper 2 in the same timed format as the exam itself.
Keynes always intended to write "footnotes" to his masterwork "The
General Theory, " which would take account of the criticisms it
received and allow him to develop and refine his ideas further.
However, a number of factors combined to prevent him from doing so
before his death in 1946.
This volume offers a sample of reflections from scholars and practitioners on the theme of death and dying from scholars and practitioners, ranging from the Christian tradition to Hinduism, Lacanian psychoanalysis, while also touching on the themes of the afterlife and near-death experiences.
This two volume Handbook contains chapters on the main areas to which Post-Keynesians have made sustained and important contributions. These include theories of accumulation, distribution, pricing, money and finance, international trade and capital flows, the environment, methodological issues, criticism of mainstream economics and Post-Keynesian policies. The Introduction outlines what is in the two volumes, in the process placing Post-Keynesian procedures and contributions in appropriate contexts.
G.C. Harcourt has been an instrumental figure in the analysis, synthesis and teaching of economic theory. Erudite, authoritative and insightful, Dr Harcourt's writings have included analysis of contemporary economic theory, synthesis of current debates, intellectual biography and masterly discussion of economic and allied social policies.Capitalism, Socialism and Post-Keynesianism begins with three essays on policy issues: the case for a middle way between command economies and free market economies; the broad principles of macroeconomic policy for Australia in the 1990s; and an integrated set of 'modest proposals' to get the world economy on the path to prosperity. All approaches used in these essays are associated with the broad church of post-Keynesianism and the belief that economics should produce a more just and equitable society. Later essays analyse theoretical topics in an historical context. The remaining papers are a selection of intellectual biographies, and general essays which range from the author's views on the relationship between mathematics and economics to what Adam Smith really did say. As this volume demonstrates, Dr Harcourt is an all-rounder, a political economist who has written on applied issues, theory, policy, intellectual biography and analytical histories of economic theory. Capitalism, Socialism and Post-Keynesianism offers economists at all levels a sense of perspective on policy, theory and the historical development of their discipline, as well as an appreciation of its human face.
This comprehensive three-volume edition brings together the most important contributions in capital theory, from its classical origins to its modern manifestation in endogenous growth models. The readings examine the recurring controversies, and the two incisive, and sharply contrasting introductions by Bliss and by Cohen and Harcourt provide the reader with context and guidance for making sense of this central, contentious and often difficult literature. These authoritative volumes will be an invaluable source of reference for all of those with an interest in this subject.
This second volume contains essays which relate to developments in Keynes' scholarship and theorizing in the years since his death and demonstrates the ongoing validity of the Keynesian tradition.
This discourse on the conference proceedings unveils Sir John Hicks's efforts to discuss capital/income family of concepts with their principal characteristics of inter-temporality. Papers on capital, profits, the concept of invariant capital stock and Kaleckian theory of investment are discussed.
This discourse on the conference proceedings unveils Sir John Hicks's efforts to discuss capital/income family of concepts with their principal characteristics of inter-temporality. Papers on capital, profits, the concept of invariant capital stock and Kaleckian theory of investment are discussed.
The essays in this volume present a comprehensive view of modern economics. They range from technical papers on a specific issue, such as that devoted to a critique of Kaldor's model of income distribution, through evaluation of a wide-ranging literature, with special emphasis on the Cambridge controversies in the theory of capital. * Intellectual portraits of Eric Russell, Joan Robinson and Lorie Tarshis are also included. * The concluding essay 'The Social Science Imperialists' gives an overview of the issues and trends that have dominated economics in recent years.
This volume offers a sample of reflections from scholars and practitioners on the theme of death and dying from scholars and practitioners, ranging from the Christian tradition to Hinduism, Lacanian psychoanalysis, while also touching on the themes of the afterlife and near-death experiences.
The Cambridge Capital Controversy was one of the most significant debates in Twentieth Century economics. First published in 1972, this book provides an accessible reconstruction of the controversy with detailed discussion of the major points raised by its primary protagonists: Piero Sraffa and Joan Robinson on the post-Keynesian side (Cambridge, UK) and Robert Solow and Paul Samuelson on the neo-classical side (Cambridge, MA). The book is now considered to be a classic. This fiftieth anniversary edition comes with a new preface by the author and two new afterwords that reflect on the author's contribution to the field and the significance of the book in the history of economics. Topics covered include the measurement of capital, the revival of interest in Irving Fisher's rate of return on investment, the double-switching debate, Sraffa's prelude to a critique of neoclassical theory, and the 'new' theories of the rate of profits in capitalist society.
This volume is a collection of intellectual biographies of economists, which the author has written over the last 16 years. There are four categories: accounts of Cambridge greats - Joan Robinson, Piero Sraffa, Nicholas Kaldor, Richard Kahn; oral histories of Lorie Tarshis, George Shackle, Kenneth Boulding and Richard Goodwin; memoirs of close friends of the author who have died; and shorter essays which include John Hicks, James Meade, Brian Reddaway, Arthur Smithies, Heinz Arndt and J.M.Keynes.
Capital theory traditionally spans two major compartments of economic theory: the theory of production of both individual products and the total product, and the theory of the distribution of the aggregate product between the different classes of capitalist society. It has always been controversial, partly because the subject matter is difficult and partly because rival ideologies and value systems impinge directly on the subject matter. In the present book the various topics associated with the exchanges between the 'neo-Keynesians' and the 'neo-neoclassicals' are discussed and evaluated. The topics include the measurement of capital, the revival of interest in Irving Fisher's rate of return on investment, the double-switching debate, Sraffa's prelude to a critique of neoclassical theory, and the 'new' theories of the rate of profits in capitalist society.
Economic Activity has its origins in a course of lectures given since 1950 to first-year undergraduates at the University of Adelaide. That course was originally given by P. H. Karmel; in later years the other two co-authors inherited it. Little attention was paid to financial factors in the first-year course. A second-year course of macro-economics (given on several occasions by R. H. Wallace) was built upon the first course, and in this the inter-relationships between the financial and production sectors of the economy were considered in detail. The second-year course was set in the context of the particular institutional framework of the Australian economy, and students were introduced to the relevant statistical material. The book draws upon material from both courses, but the discussion of the financial sector is essentially theoretical.
This is a major contribution to post-Keynesian thought. With studies of the key pioneers - Keynes himself, Kalecki, Kahn, Goodwin, Kaldor, Joan Robinson, Sraffa and Pasinetti - G. C. Harcourt emphasizes their positive contributions to theories of distribution, pricing, accumulation, endogenous money and growth. The propositions of earlier chapters are brought together in an integrated narrative and interpretation of the major episodes in advanced capitalist economics in the post-war period, leading to a discussion of the relevance of post-Keynesian ideas to both our understanding of economics and to policy-making. The appendices include biographical sketches of the pioneers and analysis of the conceptual core of their discontent with orthodox theories. Drawing on the author's experience of teaching and researching over fifty years, this book will appeal to undergraduate and graduate students interested in alternative approaches to theoretical, applied and policy issues in economics, as well as to teachers and researchers in economics.
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