Economic crisis and economic thought : alternative theoretical perspectives on the economic crisis / edited by Tommaso Gabellini, Simone Gasperin and Alessio Moneta.

Format:

Book

Contributor:

Gabellini, Tommaso, 1990- editor.

Gasperin, Simone, 1990- editor.

Moneta, Alessio, editor.

Taylor & Francis eBooks.

Series:

Routledge studies in the history of economics ; 217.

Routledge studies in the history of economics ; 217

Language:

English

Subjects (All):

Economics.

Business cycles.

Financial crises.

Physical Description:

1 online resource.

polychrome

Place of Publication:

Abingdon, Oxon ; New York, NY : Routledge, 2019.

System Details:

text file

Biography/History:

Tommaso Gabellini is a PhD Student at the Institute for Innovation and Public Purpose, UCL, UK. He holds a Master's in Economics from the University of Pisa and Sant'Anna School of Advanced Studies, Italy. His main areas of interest are the role of State investment banks in developed countries, the monetary and financial economics of contemporary market economies, and institutional economics. Simone Gasperin is a PhD Student at the Institute for Innovation and Public Purpose, UCL, UK. He holds a Master's in Economics from the University of Pisa and Sant'Anna School of Advanced Studies. Italy. His main areas of interest are the role of the State in the economy (in particular through State-owned enterprises), the economics of the European Monetary Union, and Italian economic history. Alessio Moneta is Associate Professor of Economics at the Institute of Economics of Sant'Anna School of Advanced Studies, Italy. He holds a PhD in Economics from the same school. His main areas of scientific interest are macro-econometrics, consumer demand, and methodology of economics, with a focus on causal inference and model validation.

Contents:

Cover; Half Title; Series Page; Title Page; Copyright Page; Table of Contents; List of figures; List of tables; List of contributors; Foreword; Introduction: escaping from the economics cave; 1. A Janus-faced crisis; 2. Plato against the economists; 3. Shadow economic theory versus real economic phenomena; 4. Economic models as modern simulacra; 5. The old is dying, but . . .; 6. Our economics menu; 7. Looking for the light at the end of the . . . cave; Notes; PART I: Alternative methodologies; Chapter 1: Critical dilemmas in the methodology of economics facing the crisis; 1. Introduction

2. The dilemma of causality3. More dilemmas; 4. Concluding remarks; Acknowledgments; Notes; References; Chapter 2: "Anti-Blanchard": a comparative technique for macroeconomics; 1. Signals of crisis in the 'core' of contemporary macroeconomics; 2. Rediscovering a comparative approach to economic theory and policy; 3. "Anti-Blanchard": a comparative approach in the sphere of teaching; 4. Further comparisons between alternative paradigms: monetary policy rules; 5. Which paradigm fits better with the data? Some empirical tests; References; PART II: Alternative theories

Chapter 3: The originality of the Italian debate on Marx1. Value and the falling rate of profit: Croce and Gramsci; 2. Traditional Marxism: Dobb, Sweezy and Meek; 3. Abstract labour as a "real abstraction": Lucio Colletti; 4. Value and prices of production: Pierangelo Garegnani, Marco Lippi and Fernando Vianello; 5. Value and the social relations of production: Claudio Napoleoni; 6. Logic and history in Capital: Cesare Luporini; 7. The method of presentation in Capital: Lorenzo Calabi and Alessandro Mazzone; 8. Value and the transformation as a pseudo-problem: Rodolfo Banfi

9. Value and social need: Guido Carandini and Sandra Caliccia10. Between Ricardo and Keynes: Giorgio Lunghini, Alessandro Roncaglia and Marcello Messori; 11. Value and the monetary circuit: Augusto Graziani; 12. Crisis theory: Claudio Napoleoni and Mariano D'Antonio; 13. The renewal of the debate in the 1990s; 14. Conclusions; Notes; References; Chapter 4: What capital theory can teach us; 1. The classical conflict-based view of wage determination; 2. The neoclassical picture: capitalism as a fair and efficient cooperation of sacrifices; 3. Differences between the two approaches

4. Surmounting a weakness of the classical approach5. Capital goods are different from lands; 6. Capital: the single factor of variable 'form', and long-period equilibria; 7. Reswitching; 8. Reverse capital deepening; 9. The shift to neo-Walrasian equilibria; 10. Alternatives; Further reading on capital theory; Appendix; Notes; References; Chapter 5: The modern revival of the Classical surplus approach: implications for the analysis of growth and crises; 1. Introduction; 2. Pills of the surplus approach; 3. Macroeconomic implications: capital accumulation, money and crisis

Notes:

Includes bibliographical references and index.

Electronic reproduction. London Available via World Wide Web.

Description based on online resource; title from digital title page (viewed on March 01, 2019).

Other Format:

Print version: Economic crisis and economic thought

ISBN:

9781315619958

1315619954

9781317215493

1317215494

9781317215479

1317215478

9781317215486

1317215486

Publisher Number:

99980746635

Access Restriction:

Restricted for use by site license.