1st Edition

Keynes, Sraffa and the Criticism of Neoclassical Theory
Essays in Honour of Heinz Kurz





ISBN 9781138231467
Published November 29, 2016 by Routledge
464 Pages 40 B/W Illustrations

USD $57.95

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Book Description

Heinz Kurz is recognised internationally as a leading economic theorist and a foremost historian of economic thought. This book pays tribute to his outstanding contributions on the occasion of his 65th birthday by bringing together a unique collection of new essays by distinguished economists from around the world.

Keynes, Sraffa, and the Criticism of Neoclassical Theory comprises twenty-three essays, covering themes in Keynesian economic theory, in the development of the modern classical approach to economic theory, linear production models, and the critique of neoclassical theory.

The essays in this book will be an invaluable source of inspiration for economists interested in economic theory and in the evolution of economic thought. They will also be of interest to postgraduate and research students specialising in economic theory and in the history of economic thought.

Table of Contents

1. Introduction Christian Gehrke and Neri Salvadori  Part 1: Keynes  2. Kenes's Treatise on Money: The Case for a Rehabilitation Jean Cartelier  3. 'Animal Spirits' in John Maynard Keynes's General Theory of Money: Some Short and Skeptical Remarks Ingo Barens  3. Alterenative Routes of Adjustment of Saving to Investment in the Long Period Man-Seop Park  Part 2: Theory of Growth  5. A Simple Model of Path Dependdent Growth with some Keynesian Features Amit Bhaduri  6. Alternative Models of Growth and Distribution with a Simple Formulation of Endogenous Technological Change Amitava Dutt  7. Labour Heterogeneity, Inequality and Institutional Change Peter Skott  Part 3: SRAFFA  8. Sraffa and Trinity Jonathan Smith  9. Besicovitch, Sraffa and the Existence of the Standard Commodity Neri Salvadori  10. Sraffa and Long-Period General Equalibirum Duncan Foley  11. Surplus Approach to Value and Distribution and Structural Economic Dynamics: Interpretation and Uses of Sraffa's Analysis Enrico Bellino and Ariel Wirkierman  12. The Production of Customs by Means of Customs Ulrich Krause  Part 4: Linear Means of Production  13. Expensive Rent and Multiple Eqilibria Christian Bidard  14. Why are there Negative Input Output Coefficients? The 'Commodity Technology Assumption' Revisited Christian Lager  15. Congergence of a Short-Run Equilibrium to a Long-Run Equilibrium in the Emission Permit Scheme Eiji Hosoda  16. Prices Distorted from a Labour Values Takao Fujimoto and Alejandro Valle Baeza  Part 5: Neoclassical Theory and its Critics  17. The Stability of a Competitive Equilibrium: A Belated Rejoinder Takashi Negishi  18. A Sonnet-Divertimento for Heinz Kurz Paul A. Samuelson and Erkko Etula  19. Dominant Firms, Competition-Deterring Investment and Antitrust Policy Mika Kato and Willi Semmler  20. The Market for Saving in the Theory of General Intertemporal Equilibrium  Sergio Pattinello  21. Neoclassical Theory: Under-Determined, Over-Determined, Or Unable to Move Harvey Gram  22. On/off Inputs and their Rentals Arrigo Opocher and Ian Steedman  23. Indivisible Inputs and the Probability of Reswitching and Reverse Capital Deepening Fabio Petri.  Heinz Kurtz's Publications

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Editor(s)

Biography

Neri Salvadori is Professor of Economics at the University of Pisa.

Christian Gehrke is Professor of Economics at the University of Graz.