The Structure of Post-Keynesian Economics: The Core Contributions of the PioneersThis 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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accumulation analysis approach argued argument associated assumed behaviour capacity capital accumulation capitalist economies ceteris paribus chapter choice of technique classical commodities competitive concept contributions corn costs curve defined definite demand determined distribution of income dynamic economists endogenous endogenous growth theory equal equilibrium factors figure final finance firm first flow full employment function given Goodwin growth theory Harcourt Harrod higher implies incomes policy increase industries inflation inflationary influence intersection investment expenditure isoquant Joan Robinson Kaldor Kalecki Keynes Keynesian labour long-period Luigi Pasinetti machines macroeconomic mark-up Marx Marx’s money-wages natural rate neoclassical output Pasinetti planned investment post-Keynesian post-Keynesian economics production profit margin profit-receivers rate of growth rate of profits real wage reflects relationship Ricardo rise Salter saving share short period Smith Solow Sraffa stock of capital surplus surplus labour technical progress theory of distribution wage rate wage-earners Wood’s
Bibliographic information
| Title | The Structure of Post-Keynesian Economics: The Core Contributions of the Pioneers |
| Author | G. C. Harcourt |
| Publisher | Cambridge University Press, 2006 |
| ISBN | 1139457764, 9781139457767 |
| Subjects | › › Business & Economics / Economics / General Business & Economics / Economics / Macroeconomics Business & Economics / Economics / Theory Business & Economics / International / General |
| Export Citation | BiBTeX EndNote RefMan |