Sraffa and the Reconstruction of Economic Theory: Volume Two: Aggregate Demand, Policy Analysis and Growth (2013)Hardcover - 2013, 17 December 2013

Sraffa and the Reconstruction of Economic Theory: Volume Two: Aggregate Demand, Policy Analysis and Growth (2013)
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Print Length
299 pages
Language
English
Publisher
Palgrave MacMillan
Date Published
17 Dec 2013
ISBN-10
0230355293
ISBN-13
9780230355293

Description

Written on the occasion of the 50th anniversary of the publication of Piero Sraffa's Production of Commodities by Means of Commodities, the papers selected and contained in this book accounts for the work completed around the two central aspects of his contribution to economic analysis, namely the criticism of the neoclassical (or 'marginalist') theory of value and distribution, and the reconstruction of economic theory along the lines of the Classical approach. Divided into three volumes, the book debates the most fruitful routes for advancements in this field and their implications for applied and policy analysis.

This second volume focuses on the theory of output and growth as developed in the modern Classical approach on the basis of the extension to the long run of the Keynesian principle of effective demand, and on the implications of the revival of the Classical approach for policy analysis and for understanding the evolution of the international economic order in the last few decades.

Product Details

Book Edition:
2013
Book Format:
Hardcover
Country of Origin:
US
Date Published:
17 December 2013
Dimensions:
21.84 x 14.48 x 2.54 cm
ISBN-10:
0230355293
ISBN-13:
9780230355293
Language:
English
Location:
London
Pages:
299
Publisher:
Palgrave MacMillan
Weight:
544.31 gm

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