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Author: Kumaraswamy Velupillai
Publisher: Springer Nature
ISBN: 3030581314
Category : Business & Economics
Languages : en
Pages : 447
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Book Description
This book explores an alternative approach to the conventional, market-based, view of economic theory and economic policy, at theoretical, numerical and applicable levels. The chapters provide a theoretical, empirical, and algorithmic approach to marcodynamics, Sraffian economics, and current policy issues. Post-Keynesian macroeconomics, business cycle theory, the trade cycle, microfoundations, and the Philips Machine are also covered. This book aims to challenge orthodox ideas and provide a lens through which to honour the work of Stefano Zambelli. It will be of relevant to students and academics interested in economics.
Author: Kumaraswamy Velupillai
Publisher: Springer Nature
ISBN: 3030581314
Category : Business & Economics
Languages : en
Pages : 447
Get Book Here
Book Description
This book explores an alternative approach to the conventional, market-based, view of economic theory and economic policy, at theoretical, numerical and applicable levels. The chapters provide a theoretical, empirical, and algorithmic approach to marcodynamics, Sraffian economics, and current policy issues. Post-Keynesian macroeconomics, business cycle theory, the trade cycle, microfoundations, and the Philips Machine are also covered. This book aims to challenge orthodox ideas and provide a lens through which to honour the work of Stefano Zambelli. It will be of relevant to students and academics interested in economics.
Author: Stefano Zambelli
Publisher:
ISBN: 0415492637
Category : Business & Economics
Languages : en
Pages : 533
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Book Description
The book contains thirty original articles dealing with important aspects of theoretical as well as applied economic theory. While the principal focus is on: the computational and algorithmic nature of economic dynamics; individual as well as collective decision process and rational behavior, some contributions emphasize also the importance of classical recursion theory and constructive mathematics for dynamical systems, business cycles theories, growth theories, and others are in the area of history of thought, methodology and behavioural economics. The contributors range from Nobel Laureates to the promising new generation of innovative thinkers. This volume is also a Festschrift in honour of Professor Kumaraswamy Vela Velupillai, the founder of Computable Economics, a growing field of research where important results stemming from classical recursion theory and constructive mathematics are applied to economic theory. The aim and hope is to provide new tools for economic modelling. This book will be of particular appeal to postgraduate students and scholars in one or more of the following fields: computable economics, business cycles, macroeconomics, growth theories, methodology, behavioural economics, financial economics, experimental and agent based economics. It might be also of importance to those interested on the general theme of algorithmic foundations for social sciences.
Author: Ajit Sinha
Publisher: Springer
ISBN: 3319306162
Category : Business & Economics
Languages : en
Pages : 255
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Book Description
This book draws on the work of one of the sharpest minds of the 20th century, Piero Sraffa. Ludwig Wittgenstein credited him for 'the most consequential ideas' of the Philosophical Investigations (1953) and put him high on his short list of geniuses. Sraffa's revolutionary contribution to economics was, however, lost to the world because economists did not pay attention to the philosophical underpinnings of his economics. Based on exhaustive archival research, Sinha presents an exciting new thesis that shows how Sraffa challenged the usual mode of theorizing in terms of essential and mechanical causation and, instead, argued for a descriptive or geometrical theory based on simultaneous relations. A consequence of this approach was a complete removal of 'agent's subjectivity' and 'marginal method' or counterfactual reasoning from economic analysis – the two fundamental pillars of orthodox economic theory.
Author: Sara Casagrande
Publisher: Taylor & Francis
ISBN: 1000927520
Category : Business & Economics
Languages : en
Pages : 248
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Book Description
The term “human economics” is sometimes used within economic theory with the hope of repositioning economic discipline as a human and social science, but with scarce success. Indeed, although great economists have always carefully considered human nature, it has been largely neglected in modern economics. This book explores the potentials of a human economics, arguing that the complexity and peculiarities of human nature should be central to the study of economics. Complex economic phenomena are subject to laws and limits that reveal their internal order in spite of the apparent randomness and unpredictability. The book embraces the contributions of thinkers and economists who have tried to fully consider human nature and society within their biological environment. From these solid foundations, the book introduces a different Weltanschauung, offers an analysis of socio-economic paradigms, and develops an alternative theoretical framework. On the basis of a transdisciplinary methodology, the book investigates human nature, interactions, and systems up to the macroeconomic cyclical development of the capitalist system. Future perspectives and issues facing modern economies are also discussed from environmental sustainability to globalization and socio-political challenges. This book marks an original contribution to the literature on retooling economic discipline and presents useful food for thought for scholarly readers while remaining accessible to graduates who are studying mainstream economics.
Author: Carl Chiarella
Publisher: Routledge
ISBN: 1135984506
Category : Biography & Autobiography
Languages : en
Pages : 513
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Book Description
This important new book from a group of Keynesian, but nonetheless technically-oriented economists explores one of the dominant paradigms in financial economics: the ‘intertemporal general equilibrium approach’.
Author: Mohan Munasinghe
Publisher: Cambridge University Press
ISBN: 1108404154
Category : Business & Economics
Languages : en
Pages : 689
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Book Description
Provides a rigorous analysis of sustainable development that includes practical, policy-relevant, global case studies, explained concisely and clearly.
Author: Steve Keen
Publisher: Zed Books
ISBN: 9781856499927
Category : Business & Economics
Languages : en
Pages : 356
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Book Description
What is the score card for economics at the start of the new millennium? While there are many different schools of economic thought, it is the neo-classical school, with its alleged understanding and simplistic advocacy of the market, that has become equated in the public mind with economics. This book shows that virtually every aspect of conventional neo-classical economics' thinking is intellectually unsound. Steve Keen draws on an impressive array of advanced critical thinking. He constitutes a profound critique of the principle concepts, theories, and methodologies of the mainstream discipline. Keen raises grave doubts about economics' pretensions to established scientific status and its reliability as a guide to understanding the real world of economic life and its policy-making.
Author: Anna Horodecka
Publisher: Taylor & Francis
ISBN: 1040051790
Category : Business & Economics
Languages : en
Pages : 298
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Book Description
In the face of climate change and resulting environmental and social crises, sustainable consumption has become a widely discussed issue and a key plank of the UN’s Sustainable Development Goals (SDGs). The majority of the sustainable consumption research uses the SDG framework, but this only serves to reinforce an individualistic, efficiency-based approach and it does not sufficiently cover the specific situation of transition economies. In contrast, this volume promotes a collective approach to sustainable consumption, and combines general theoretical issues with empirical examples from the Polish economy. The first part of the book presents a theoretical approach to collective consumption which has the core concepts of justice and human nature at its heart. This approach emphasises the role of collective rationality and categorises aspects of sustainable consumption as a common and public good. The second part investigates diversified aspects of sustainability, including socio-economic inequalities as barriers to sustainable consumption, consumer sovereignty in the context of current legal regulations, and the impact on employees of changes to the types and conditions of work. It also examines the sharing economy and the legal conditions of its development. The third part adopts a political perspective focusing on the state policies enhancing the role of investment in public goods, analyses photovoltaic programmes which promote prosumption and indicates challenges to sustainability faced by many countries such as the energy crisis, sustainable finance, and cooperative platforms. This book will be of great interest to researchers and scholars interested in sustainability and consumption issues in economics, management, law, public administration, and political science.
Author: Ajit Sinha
Publisher: Springer Nature
ISBN: 303047206X
Category : Business & Economics
Languages : en
Pages : 611
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Book Description
This book presents a substantial collection of essays from a wide range of well respected scholars addressing several aspects of Piero Sraffa’s economics in light of continuing controversies over the interpretation that should be placed on his work. It moves beyond extant scholarship with an added emphasis on the philosophical dimension of Sraffa’s seminal work, Production of Commodities by Means of Commodities. Contributors probe new ways of thinking about the political economy of Sraffa and in doing so, alongside the comments to each contribution by other scholars, provide a cutting edge debate and discussion on non-mainstream economic theory. This book will be of interest to academics and advanced graduate students in economics, with additional interest from scholars in philosophy and the methodology of science.
Author: Luigi Pasinetti
Publisher: Cambridge University Press
ISBN: 9780521029766
Category : Business & Economics
Languages : en
Pages : 212
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Book Description
This book is a theoretical investigation of the influence of human learning on the development through time of a 'pure labour' economy. The theory proposed is a simple one, but aims to grasp the essential features of all industrial economies. Economists have long known that two basic phenomena lie at the root of long-term economic movements in industrial societies: capital accumulation and technical progress. Attention has been concentrated on the former. In this book, by contrast, technical progress is assigned the central role. Within a multi-sector framework, the author examines the structural dynamics of prices, production and employment (implied by differentiated rates of productivity growth and expansion of demand) against a background of 'natural' relations. He also considers a number of institutional problems. Institutional and social learning, know-how, and the diffusion of knowledge emerge as the decisive factors accounting for the success and failure of industrial societies.
