Classical economics and modern theory : studies in long-period analysis / Heinz D. Kurz and Neri Salvadori.
Material type: TextSeries: Routledge studies in the history of economics ; 63.Publisher: London : Routledge, 2003Description: 1 online resource (viii, 341 pages)Content type:- text
- computer
- online resource
- 0203987861
- 9780203987865
- 9780415369527
- 0415369525
- 9786610171286
- 6610171289
- 330.15/3 21
- 83.01
Includes bibliographical references and index.
Print version record.
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: <UL><LI>alternative interpretations of classical economists</LI><LI>new growth theory</LI><LI>the relationship between Sraffian theory and Von Neumann</LI><LI>the treatment of capital in neoclassical long-period theory.</LI></UL> 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.
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