Growth, distribution, and effective demand : alternatives to economic orthodoxy : essays in honor of Edward J. Nell / George Argyrous, Mathew Forstater, Gary Mongiovi, editors.

Format:

Book

Contributor:

Nell, Edward J.

Argyrous, George, 1963-

Forstater, Mathew, 1961-

Mongiovi, Gary.

Language:

English

Subjects (All):

Nell, Edward J.

Economics.

Economic development.

Income distribution.

Demand (Economic theory).

Capitalism.

Genre:

Festschriften.

Physical Description:

xiii, 360 pages : illustrations ; 24 cm

Place of Publication:

Armonk, N.Y. : M.E. Sharpe, [2004]

Contents:

Part I. Growth, Distribution, and Technical Change

1. Transformational Growth, Interest Rates, and the Golden Rule / Marc Lavoie, Gabriel Rodriguez, Mario Seccareccia 3

2. Transformational Growth and the Changing Nature of the Business Cycle / Korkut A. Erturk 23

3. A Classical Alternative to the Neoclassical Growth Model / Thomas R. Michl, Duncan K. Foley 35

4. Wealth in the Post-Keynesian Theory of Growth and Distribution / Neri Salvadori 61

5. Transformational Growth and the Universality of Technology / Ross Thomson 81

6. Growth, Productivity, and Employment: Consequences of the New Information and Communication Technologies in Germany and the US / Harald Hagemann, Stephan Seiter 98

7. Educational Insights from Edward Nell's Theory of Transformational Growth / Thomas F. Phillips 115

Part II. Money, Employment, and Effective Demand

8. Labor Market Dynamics within Rival Macroeconomic Frameworks / Anwar Shaikh 127

9. Has the Long-Run Phillips Curve Turned Horizontal? / Craig Freedman, G.C. Harcourt, Peter Kriesler 144

10. Simulating an Employer of Last Resort Program / Raymond Majewski 163

11. Disabled Workers or Disabled Labor Markets? Causes and Consequences / George Argyrous, Megan Neale 181

12. Interest Rates, Effective Demand, and Financial Fragility: Edward Nell and the Trieste Tradition / Louis-Philippe Rochon, Matias Vernengo 203

13. Sraffa in the City: Exploring the Urban Multiplier / Gary A. Dymski 220

14. Elements of Historical Macroeconomics / Thorsten Block 239

Part III. Theory, Method, and the History of Ideas

15. Thorstein Veblen and the Machine Process / Geoffrey M. Hodgson 261

16. Is There a Classical Theory of Supply and Demand? / David Laibman 279

17. The Capital Controversy, Stability, and the Income Effect / Susan I. Pashkoff 293

18. Cumulative Causation a la Lowe: Radical Endogeneity, Methodology, and Human Intervention / Mathew Forstater 309

19. The Epistemological Status of Economic Propositions / Gary Mongiovi 317

20. On Some Criticisms of Ricardo's Discussion of Agricultural Improvements / Christian Gehrke, Heinz D. Kurz 327.

Notes:

Includes bibliographical references and index.

ISBN:

0765610094

OCLC:

51553400