Competing economic theories : essays in memory of Giovanni Caravale / edited by Sergio Nistico and Domenico Tosato.

Format:

Book

Contributor:

Caravale, Giovanni.

Nisticò, Sergio, 1962-

Tosato, Domenico A.

Series:

Routledge studies in the history of economics ; 52.

Routledge studies in the history of economics ; 52

Language:

English

Subjects (All):

Caravale, Giovanni.

Comparative economics--Congresses.

Comparative economics.

Physical Description:

1 online resource (417 p.)

Edition:

1st ed.

Place of Publication:

London : Routledge, 2002.

Language Note:

English

Summary:

Providing a contemporary overview of the debate amongst theoretical stands in economics, this book brings together contributions from a number of eminent scholars. It covers important issues in methodology and the history of thought, as well as economic analysis. The book is structured in five parts which:focus on the relevance of the history of economic ideas for current economic analysiscentre on the role of classical theory of value and distributioncontrast the equilibrium approach with an out-of-equilibrium perspectiveoffer an evaluation of

Contents:

Book Cover; Title; Contents; List of illustrations; List of contributors; Acknowledgements; Introduction; Economic theory and its history; The relevance for present economic theory of economic theory written in the past; The relevance of the economic ideas of the past; The classical school and the Ricardo debate; The canonical classical growth model: content, adherence and priority; Sraffa: the theoretical world of the 'old classical economists'; Misunderstanding classical economics: the Sraffian interpretation of the surplus approach

Misunderstanding the Sraffian reading of the classical theory of value and distribution: a noteIs it possible to define a canonical classical growth model?; Garegnani's interpretation of the 'old classical economists'; Different perspectives on distribution within classical political economy; Sraffa's Ricardo after fifty years: a preliminary estimate; Some reflections on Sraffa's Ricardo; Models of prices and allocations in equilibrium and out of equilibrium; Reflections on Caravale's contributions relating to equilibrium and their relation to the interpretation of Keynes

Sraffa's contributions to economics: some notes on his unpublished papersModels of monopolistic competition and general equilibrium theory; Non-competitive general equilibrium in a dynamic perspective; Technology and employment in an out-of-equilibrium perspective; Strategic complementarity and near-rationality in New Keynesian models: a note; The legacy of Keynes; Keynes on probability, uncertainty and tragic choices; Was Keynes a truly heretic economist?; Keynes, disequilibrium theory and New Keynesian economics; Keynesian economics from a non-price theoretic framework

The controversies in contemporary macroeconomicsOn the relevance of the distinction between Keynesian and neoclassical macroeconomics; Economic theorising and institutions; Economic theory and institutions; Economic theory and institutions: an introductory note; Economics and institutions from a central bank perspective; Economics and institutions: some reflections on Pasinetti and Caravale; Economics and institutions: the constraints of history; A summing up; References; Index

Notes:

Conference proceedings.

Includes bibliographical references and index.

ISBN:

0-429-23272-1

1-134-54275-5

1-282-77867-6

9786612778674

0-203-47159-8

9780429232725

OCLC:

58968515