Classical economics and modern theory : studies in long-period analysis /

Kurz, Heinz-Dieter,

Classical economics and modern theory : studies in long-period analysis / Heinz D. Kurz and Neri Salvadori. - 1 online resource (viii, 341 pages). - Routledge studies in the history of economics ; 63 . - Routledge studies in the history of economics ; 63. .

Includes bibliographical references and index.

Half-Title; Title; Copyright; Contents; Acknowledgements; 1 Classical economics and modern theory; Part I Classical theory and its interpretations; 2 Understanding 'classical ' economics; 3 'Classical ' roots of input -output analysis; 4 Friedrich Benedikt Wilhelm Hermann on capital and profits; 5 Burgstaller on classical and neoclassical theory; Part II Growth theory and the classical tradition; 6 Theories of 'endogenous ' growth in historical perspective; 7 What could the 'new ' growth theory teach Smith or Ricardo?; Appendix. 8 A linear multisector model of 'endogenous ' growth and the problem of capital9 A linear multisector model of 'endogenous ' growth; Part III On Sraffa 's contribution; 10 Sraffa and the mathematicians; 11 Sraffa and von Neumann; 12 Production theory; Part IV Exhaustible resources and the long-period method; 13 Classical economics and the problem of exhaustible resources; 14 Economic dynamics in a simple model with exhaustible resources and a given real wage rate; Part V Criticism of neoclassical theory; 15 Reverse capital deepening and the numâeraire. 16 Reswitching -simplifying a famous example17 Franklin Fisher on aggregation; 18 Wicksell and the problem of the 'missing ' equation; Name index; Subject index.

In this thought-provoking book, well known economists Kurz and Salvadori cover original findings and new vistas on old problems. They cover:
  • alternative interpretations of classical economists
  • new growth theory
  • the relationship between Sraffian theory and Von Neumann
  • the treatment of capital in neoclassical long-period theory.
Incorporating cutting-edge research and new work, this book will be of great interest to those working in the field of the history of economic thought.

0203987861 9780203987865 9780415369527 0415369525 9786610171286 6610171289

2002037167


Neoclassical school of economics.
Classical school of economics.
Economic development.
BUSINESS & ECONOMICS--Economics--Theory.
Classical school of economics.
Economic development.
Neoclassical school of economics.


Electronic books.

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