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Growth, Distribution and Effective Demand: Alternatives to Economic Orthodoxy

Author : George Argyrous
Publisher : Routledge
Page : 374 pages
File Size : 48,77 MB
Release : 2019-06-21
Category : Business & Economics
ISBN : 1317469348

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Growth, Distribution, and Effective Demand presents original essays on a variety of topics in theoretical and applied economics. The book honors the work of Edward J. Nell and develops interconnected themes that run through the modern Post-Keynesian tradition. The first part deals with the fundamental idea that economic growth is demand-driven, with special attention to policy ramifications. The second theme concerns the connection between economic growth and the structural characteristics of a market economy. These issues are closely linked to a critical tradition that calls into question key elements in orthodox economics. The final part of the book aims to buttress non-orthodox approaches to growth and distribution by critiquing particular aspects of the conventional theory, by elaborating neglected themes in non-orthodox theory, or by exploring some overlooked methodological ideas.

Conflict and Effective Demand in Economic Growth

Author : Peter Skott
Publisher : Cambridge University Press
Page : 194 pages
File Size : 17,37 MB
Release : 1989-12-07
Category : Business & Economics
ISBN : 9780521365963

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All capitalist economies experience fluctuations in employment and economic activity around a long-term growth rate. How is this cyclical pattern of growth to be explained? Are the causes of fluctuations in output and employment to be found outside the system or are they intrinsic to the system? Will the long-term growth rate correspond to the growth of the labour force? It is the search for answers to these questions which motivates Peter Skott's analysis.

Economic Growth and Distribution

Author : Neri Salvadori
Publisher : Edward Elgar Publishing
Page : 458 pages
File Size : 22,99 MB
Release : 2006-01-01
Category : Business & Economics
ISBN : 9781781008218

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Economic Growth and Distribution isolates and compares the logical structures and methodological underpinnings underlying the relationship between economic growth and distribution. It carries out an in-depth analysis of a wide range of issues connected with growth theory considered from different theoretical perspectives. Its uniqueness is derived from the original contributions by a number of scholars of different persuasions; some within the mainstream and others from Keynesian-Kaleckian-Sraffian positions. The book deals with a wide variety of research topics concerning economic growth and distribution, such as the transition from the epoch of Malthusian stagnation to the contemporary era of modern economic growth; comparisons among the classical tradition, modern theory, and heterodox models; problems of policy; dynamics and business cycles; the role on institutions.

Growth, Distribution and Effective Demand

Author : George Argyrous
Publisher : Routledge
Page : 414 pages
File Size : 26,63 MB
Release : 2019-06-21
Category : Business & Economics
ISBN : 131746933X

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Growth, Distribution, and Effective Demand presents original essays on a variety of topics in theoretical and applied economics. The book honors the work of Edward J. Nell and develops interconnected themes that run through the modern Post-Keynesian tradition. The first part deals with the fundamental idea that economic growth is demand-driven, with special attention to policy ramifications. The second theme concerns the connection between economic growth and the structural characteristics of a market economy. These issues are closely linked to a critical tradition that calls into question key elements in orthodox economics. The final part of the book aims to buttress non-orthodox approaches to growth and distribution by critiquing particular aspects of the conventional theory, by elaborating neglected themes in non-orthodox theory, or by exploring some overlooked methodological ideas.

Effective Demand And Income Distribution

Author : Marc Jarsulic
Publisher : Routledge
Page : 188 pages
File Size : 38,35 MB
Release : 2019-03-06
Category : Political Science
ISBN : 0429698526

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Considering ideas from various economic paradigms, namely post-Keynesian, neo-Ricardian, and neo-Marxian, this book discusses the importance of money to Keynes's analysis of effective demand and income distribution. It also considers the connections between relative prices and income distribution.

Growth, Distribution and Innovations

Author : Amit Bhaduri
Publisher : Routledge
Page : 80 pages
File Size : 23,7 MB
Release : 2007-03-14
Category : Business & Economics
ISBN : 1134103573

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Idea for those studying advanced macroeconomic and written by a widely published author, this book outlines a new and more fruitful way of understanding, analyzing and formally modelling economic growth. In his series of lectures, collected here in one concise and engaging book, Amit Bhaduri draws on contemporary issues such as the role of competition policy, labour market flexibility and intellectual property rights regime in influencing the rate of economic growth to sketch an alternative approach to mainstream growth theory. He explores: the role of division of labour innovation and market structure according to Smith, Marx and Schumpter the role of class distribution of income according to Ricardo the principles of effective demand according to Keynes and Kalecki. It is an invaluable tool for anyone engaged with growth and distribution theory and technical innovation, as well as taking advanced macroeconomics.

Transformational Growth and Effective Demand

Author : Edward J. Nell
Publisher : Springer
Page : 698 pages
File Size : 37,30 MB
Release : 1991-12-01
Category : Political Science
ISBN : 1349217794

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A collection of essays which develop Professor Nell's economic theory of transformational growth. The author's previous titles include "Free Market Conservatism: A Critique of Theory and Practice" and "Beyond the Steady State: A Revival of Growth Theory".

The Economics of Demand-led Growth

Author : Mark Setterfield
Publisher : Edward Elgar Publishing
Page : 328 pages
File Size : 37,22 MB
Release : 2002
Category : Business & Economics
ISBN :

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Economists from Europe, North America, and Australia challenge the notions that demand has only a transitory impact on the utilization of resources; and that the development of resources, and hence of potential output, over time is independent of demand. They argue instead that the role of demand in influencing the utilization of productive resources is chronic, and that there is no supply- determined equilibrium acting as a center of gravity toward which the level of economic activity is inevitably and inexorably drawn. The natural rate of growth, they conclude, is ultimately endogenous to the demand-determined actual rate of growth. Annotation copyrighted by Book News, Inc., Portland, OR

Productive Labour and Effective Demand

Author : Sydney H. Coontz
Publisher : Routledge
Page : 189 pages
File Size : 19,97 MB
Release : 2013-11-05
Category : Business & Economics
ISBN : 1136507809

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The connection between productive labour and effective demand has often been ignored and disputed in political economy, even by giants like Ricardo and Marx. This book traces the historical development of theories, concentrating in particularly on those of Malthus, Marx and Keynes. Particular attention is also paid to the Great Depression in the UK and USA. * The Pre-Classical Approach * The Classical Economists * Socialists and Dissidents * Anti-Classical Theories in the Twentieth Century