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Classical political economy and modern theory

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Published by Routledge in New York .
Written in English

Subjects:

  • Classical school of economics,
  • Economics

Book details:

Edition Notes

Includes bibliographical references.

Statementedited by Neri Salvadori and Christian Gehrke
Classifications
LC ClassificationsHB94 .C423 2011
The Physical Object
Paginationp. cm.
ID Numbers
Open LibraryOL25185651M
ISBN 109780415679817, 9780203804261
LC Control Number2011009902

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Classical economics or classical political economy is a school of thought in economics that flourished, primarily in Britain, in the late 18th and early-to-mid 19th main thinkers are held to be Adam Smith, Jean-Baptiste Say, David Ricardo, Thomas Robert Malthus, and John Stuart economists produced a theory of market economies as largely self-regulating systems, governed.   Classical Political Economy and Modern Theory comprises twenty essays, grouped thematically into five sections. Part I examines political economy and its critique, Part II looks at entrepreneurship, evolution and income distribution, Part III discusses Cambridge, Keynes and macroeconomics, Part IV explores crisis and cycles, whilst Part V is Book Edition: 1st Edition.   This book pays tribute to his outstanding contributions by bringing together a unique collection of new essays by distinguished economists from around the world. Classical Political Economy and Modern Theory comprises twenty essays, grouped thematically into five sections. Part I examines political economy and its critique, Part II looks at Brand: Taylor And Francis. The ABCs of Political Economy is an accessible introduction to modern political economy. While informed by the work of Marx, Keynes, Veblen, Kalecki and other great political economists, Robin Hahnel teaches the reader the essential tools necessary to understand economic issues today from a modern perspective, searching for ways to replace the economics of competition and greed with the Cited by:

Classical liberalism is one of the most important of modern political and social philosophies. Indeed, we may say that it was the efforts of believers in this set of ideas that were crucial in bringing the modern world into existence. With-out the campaigns, arguments, thinking and analysis ofFile Size: 1MB. Classical Political Economics and Modern Capitalism Theories of Value, Competition, Trade and Long Cycles. Classical Political Economy and the Evolution of Post-War Capitalism. while also operationalizing more recent theoretical developments inspired by the works of Sraffa and other modern classical economists, using actual data from. The science of Political Economy rests upon a few notions of an apparently simple character. Utility, wealth, value, commodity, labour, land, capital, are the elements of the subject; and whoever has a thorough comprehension of their nature must possess or be soon able to . Classical Political Economics and Modern Capitalism Theories of Value, Competition, Trade and Long Cycles. New York on the Sources of Economic Growth in Greece which later was published as a book titled The Greek Economy: Classical Political Economy and the Evolution of .

As such, this book shows the promising direction in which the modern political economy is now proceeding, in accordance with the contingent process of evolutionary reproduction. Further, two collaborating authors supply a game-theoretical interpretation of approval theory and an exploration of the evolution of dynamical systems, respectively. The teachings of the classical economists attracted much attention during the midth century. The labour theory of value, for example, was adopted by Karl Marx, who worked out all of its logical implications and combined it with the theory of surplus value, which was founded on the assumption that human labour alone creates all value and thus constitutes the sole source of profits. Part I Political economy and its critique 9 Two concepts of regulation: just prices and the limits of pure economics / Richard Sturn Sturn, Richard 11 Natural law and the existence and optimality of political equilibrium / John S. Chipman Chipman, John S. 39 Marx's critique of Ricardo's theory of rent: a re-assessment / Christian. COVID Resources. Reliable information about the coronavirus (COVID) is available from the World Health Organization (current situation, international travel).Numerous and frequently-updated resource results are available from this ’s WebJunction has pulled together information and resources to assist library staff as they consider how to handle coronavirus.