Contending Economic Theories

Author : Richard D. Wolff
Publisher : MIT Press
ISBN 13 : 0262517833
Total Pages : 425 pages
Book Rating : 4.36/5 ( download)

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Download or read book Contending Economic Theories written by Richard D. Wolff and published by MIT Press. This book was released on 2012-09-07 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: A systematic comparison of the 3 major economic theories—neoclassical, Keynesian, and Marxian—showing how they differ and why these differences matter in shaping economic theory and practice. Contending Economic Theories offers a unique comparative treatment of the three main theories in economics as it is taught today: neoclassical, Keynesian, and Marxian. Each is developed and discussed in its own chapter, yet also differentiated from and compared to the other two theories. The authors identify each theory's starting point, its goals and foci, and its internal logic. They connect their comparative theory analysis to the larger policy issues that divide the rival camps of theorists around such central issues as the role government should play in the economy and the class structure of production, stressing the different analytical, policy, and social decisions that flow from each theory's conceptualization of economics. Building on their earlier book Economics: Marxian versus Neoclassical, the authors offer an expanded treatment of Keynesian economics and a comprehensive introduction to Marxian economics, including its class analysis of society. Beyond providing a systematic explanation of the logic and structure of standard neoclassical theory, they analyze recent extensions and developments of that theory around such topics as market imperfections, information economics, new theories of equilibrium, and behavioral economics, considering whether these advances represent new paradigms or merely adjustments to the standard theory. They also explain why economic reasoning has varied among these three approaches throughout the twentieth century, and why this variation continues today—as neoclassical views give way to new Keynesian approaches in the wake of the economic collapse of 2008.

Author : Richard D. Wolff
Publisher : MIT Press
ISBN 13 : 0262304449
Total Pages : 425 pages
Book Rating : 4.43/5 ( download)

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Download or read book Contending Economic Theories written by Richard D. Wolff and published by MIT Press. This book was released on 2012-09-07 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: A systematic comparison of the 3 major economic theories—neoclassical, Keynesian, and Marxian—showing how they differ and why these differences matter in shaping economic theory and practice. Contending Economic Theories offers a unique comparative treatment of the three main theories in economics as it is taught today: neoclassical, Keynesian, and Marxian. Each is developed and discussed in its own chapter, yet also differentiated from and compared to the other two theories. The authors identify each theory's starting point, its goals and foci, and its internal logic. They connect their comparative theory analysis to the larger policy issues that divide the rival camps of theorists around such central issues as the role government should play in the economy and the class structure of production, stressing the different analytical, policy, and social decisions that flow from each theory's conceptualization of economics. Building on their earlier book Economics: Marxian versus Neoclassical, the authors offer an expanded treatment of Keynesian economics and a comprehensive introduction to Marxian economics, including its class analysis of society. Beyond providing a systematic explanation of the logic and structure of standard neoclassical theory, they analyze recent extensions and developments of that theory around such topics as market imperfections, information economics, new theories of equilibrium, and behavioral economics, considering whether these advances represent new paradigms or merely adjustments to the standard theory. They also explain why economic reasoning has varied among these three approaches throughout the twentieth century, and why this variation continues today—as neoclassical views give way to new Keynesian approaches in the wake of the economic collapse of 2008.

Author : Richard D. Wolff
Publisher : MIT Press (MA)
ISBN 13 : 9780262018005
Total Pages : 0 pages
Book Rating : 4.04/5 ( download)

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Download or read book Contending Economic Theories written by Richard D. Wolff and published by MIT Press (MA). This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rev. ed. of: Economics: Marxian versus neoclassical. Baltimore: Johns Hopkins University Press, c1987.

Author : Maurice Dobb
Publisher : Cambridge University Press
ISBN 13 : 9780521099363
Total Pages : 308 pages
Book Rating : 4.66/5 ( download)

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Download or read book Theories of Value and Distribution Since Adam Smith written by Maurice Dobb and published by Cambridge University Press. This book was released on 1975-04-17 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mr Dobb examines the history of economic thought in the light of the modern controversy over capital theory and, more particularly, the appearance of Sraffa's book The Production of Commodities by Means of Commodities, which was a watershed in the critical discussions constituted a crucial turning-point in the history of economics: an estimate not unconnected with his reinterpretation of nineteenth-century economic thought as consisting of two streams or traditions commonly confused under the generic title of 'the classical tradition' against which Jevons so strongly reacted.

Author : James A. Caporaso
Publisher : Cambridge University Press
ISBN 13 : 9780521425780
Total Pages : 258 pages
Book Rating : 4.86/5 ( download)

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Download or read book Theories of Political Economy written by James A. Caporaso and published by Cambridge University Press. This book was released on 1992-08-28 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This exploration of some of the more important frameworks used for understanding the relationship between politics and economics includes the classical, Marxian, Keynesian, neoclassical, state-centered, power-centered, and justice-centered.

Author : Richard D. Wolff
Publisher :
ISBN 13 :
Total Pages : 308 pages
Book Rating : 4.11/5 ( download)

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Download or read book Economics written by Richard D. Wolff and published by . This book was released on 1987-08 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics: Marxian versus Neoclassical is an economics text with a difference--a concise, systematic comparison of the two major contending economic theories in the world today.

Author : Conrad P. Waligorski
Publisher : University Press of Kansas
ISBN 13 : 0700631763
Total Pages : 270 pages
Book Rating : 4.66/5 ( download)

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Download or read book The Political Theory of Conservative Economists written by Conrad P. Waligorski and published by University Press of Kansas. This book was released on 2021-10-08 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: It’s difficult to overstate the impact of conservative economics on American life. The conservative thought of economists like Milton Friedman, James Buchanan, and Friedrick Hayek has provided the conceptual framework that undergirds nearly every aspect of current U.S. social-economic policy. Although a great deal has been written about the economic theories of these Nobel Pirze-winning economists, this study is the first to examine the political theory that underlies conservative economics and its implications for public policy. Long associated with the “Chicago” and “public choice” schools of thought, Friedman, Buchanan, Hayek, and others have consistently repudiated Keynesian principles. They have steadfastly opposed social welfare policies and regulation of private enterprise, championing instead the free market as a mechanism for ordering society. In this book Conrad Waligorski analyzes the political content of the conservative economists’ arguments. In so doing, he illuminates the political, economic, and philosophical ideas behind and justification for the laissez-faire policy—the reduced regulation, intervention, and welfare favored by conservative governments in the United States, Canada, and Britain.

Author : Stephen A. Resnick
Publisher : Routledge
ISBN 13 : 113670440X
Total Pages : 372 pages
Book Rating : 4.06/5 ( download)

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Download or read book Class Theory and History written by Stephen A. Resnick and published by Routledge. This book was released on 2013-12-16 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 2002. Routledge is an imprint of Taylor & Francis, an informa company.

Author : Jesper Jespersen
Publisher : Edward Elgar Publishing
ISBN 13 : 1782547002
Total Pages : 248 pages
Book Rating : 4.06/5 ( download)

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Download or read book Teaching Post Keynesian Economics written by Jesper Jespersen and published by Edward Elgar Publishing. This book was released on 2013-01-01 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contends that post Keynesian economics has its own methodological and didactic basis, and its realistic analysis is much-needed in the current economic and financial crisis. At a time when the original message of KeynesÕ General Theory is no longer present in the most university syllabuses, this book celebrates the uniqueness of teaching post Keynesian economics, providing comparisons with traditional economic rationale and illustrating the advantages of post Keynesian pedagogy. Against a backdrop in which neo-classical textbooks prevail, the expert contributors demonstrate that Keynes and The General Theory possess indispensable insight that would furnish students with a clearer understanding of the world economy in which they live. They explore the teaching of post Keynesian economics from a number of different perspectives, covering topics such as open system theorizing, pluralism in teaching, rhetoric in the spirit of Keynes, uncertainty, expectations and money. A critique of mainstream and traditional economic textbooks is also provided. This highly unique and fascinating book will provide an invaluable reference tool for teachers and researchers in post Keynesian economics, as well as their students.

Author : Richard Wolff
Publisher : City Lights Books
ISBN 13 : 0872865673
Total Pages : 194 pages
Book Rating : 4.79/5 ( download)

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Download or read book Occupy the Economy written by Richard Wolff and published by City Lights Books. This book was released on 2012-05 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: From prominent economist Richard Wolff and David Barsamian, a hot-button primer on the taboo subject impacting most Americans today: the failure of capitalism to deliver public good.