Economic theory and social justice / edited by Giancarlo Gandolfo and Ferruccio Marzano.

Format:

Book

Contributor:

Gandolfo, Giancarlo.

Marzano, Ferruccio.

Language:

English

Subjects (All):

Economics.

Social justice.

Physical Description:

xi, 271 pages : illustrations ; 23 cm

Place of Publication:

New York, N.Y. : St. Martin's Press, 1999.

Summary:

The contributors to this book discuss the role which economic policy can play in tackling economic problems, including poverty and unemployment in both the developed and the developing world, and in promoting a new international economic order. The instability caused by capital accumulation and global financial markets is assessed and the links between social choices, economic policy and moral values are addressed throughout.

Contents:

Fausto Vicarelli: A Personal Reminiscence / Giancarlo Gandolfo 1

Opening Address / Antonio Fazio 27

Part I Theoretical Analyses and Actual Economic Problems 33

1 Supply Constraints on Employment and Output: NAIRU versus Natural Rate / James Tobin 35

2 On the Relevance of Keynesian Macroeconomics: A Reappraisal / Ignazio Musu 63

Part II Present World Imbalances and the Need for a New International Economic Order 87

3 Vicarelli, Keynes's Vision of Capitalism, and Currency Speculation / Paul Davidson 89

4 Unemployment and Social Needs / Giorgio Lunghini 121

Part III Capital Accumulation: Real and Financial Aspects 147

5 Instability, Volatility and the Process of Capital Accumulation / Jan A. Kregel 149

6 The Relevance of Keynes's Thought on Financial Markets / Giangiacomo Nardozzi 176

Part IV Social Choices, Economic Policy and Moral Values 191

7 Setting and Monitoring Poverty Standards: Drawing on the Parallel with Macroeconomics / Anthony B. Atkinson 193

8 Social Paradoxes of Growth and Civil Economy / Stefano Zamagni 212

Part V Testimonials 251

9 A Letter to the Conference / Hyman P. Minsky 253

10 Miscellanea

/ Antonino Tripoli 255

/ Franco Bentivogli 257

/ Nicola Genovese 261

2 11 Closing Remarks / Ferruccio Marzano 265.

Notes:

Includes bibliographical references and index.

ISBN:

031221779X

OCLC:

39122682