Capital in Disequilibrium
Title | Capital in Disequilibrium PDF eBook |
Author | Peter Lewin |
Publisher | Ludwig von Mises Institute |
Pages | 279 |
Release | |
Genre | Capital |
ISBN | 1610164849 |
Capital in Disequilibrium
Title | Capital in Disequilibrium PDF eBook |
Author | Peter Lewin |
Publisher | Routledge |
Pages | 266 |
Release | 1998-12-17 |
Genre | Business & Economics |
ISBN | 1134756046 |
Drawing on the work of the Austrian School and its heirs, Capital in Disequilibrium develops a modern, systematic version of capital theory in order to suggest a new approach to the subject of economics. Original and provocative in his reflection, Lewin offers both a new approach and an accessible discussion of one of the most important, but also one of the most difficult, areas in economics.
Capital in Disequilibrium
Title | Capital in Disequilibrium PDF eBook |
Author | Peter Lewin |
Publisher | Psychology Press |
Pages | 255 |
Release | 1999 |
Genre | Business & Economics |
ISBN | 9780415147064 |
Drawing on the work of the Austrian School and its heirs, Capital in Disequilibrium develops a modern, systematic version of capital theory in order to suggest a new approach to the subject of economics. Original and provocative in his reflection, Lewin offers both a new approach and an accessible discussion of one of the most important, but also one of the most difficult, areas in economics.
Capital and Its Structure
Title | Capital and Its Structure PDF eBook |
Author | Ludwig M. Lachmann |
Publisher | Ludwig von Mises Institute |
Pages | 148 |
Release | 1956 |
Genre | Capital |
ISBN | 1610165276 |
General Equilibrium, Capital and Macroeconomics
Title | General Equilibrium, Capital and Macroeconomics PDF eBook |
Author | Fabio Petri |
Publisher | Edward Elgar Publishing |
Pages | 400 |
Release | 2004-01-01 |
Genre | Business & Economics |
ISBN | 9781781008300 |
'Fabio Petri has been a persistent critic of marginalist theories of value and distribution. In this provocative book, he presents an extensive scrutiny of the reasons why many economists are unsatisfied with the Neo-Walrasian approach to General Equilibrium theory and why some reject it altogether. General Equilibrium, Capital and Macroeconomics throws down a challenge to all economic theorists.' - Neri Salvadori, University of Pisa, Italy 'General Equilibrium, Capital and Macroeconomics is a thorough and deep book. It contains a remarkably clear and precise statement of the conceptual, methodological and analytical difficulties besetting the demand and supply approach to economics as it is advocated in partial and general equilibrium models, old and new, micro and macro. This work covers essential parts of modern economics, it is well written and the subject matter is carefully arranged. The book will be of interest to a wide range of economists.' - Heinz D. Kurz, University of Graz, Austria This book argues that the shift in general equilibrium theory, from its early long-period to the modern very-short-period versions, has had very important consequences which are insufficiently appreciated by large parts of the economics profession. This shift has produced new difficulties, and has undermined central tenets of neoclassical macroeconomic theory (such as the negative dependence of aggregate investment on the interest rate, or the existence of a downward-sloping demand curve for labour) which had their basis in the long-period versions where capital was treated as a single factor.
The Road Less Traveled
Title | The Road Less Traveled PDF eBook |
Author | Scott Burns |
Publisher | |
Pages | 34 |
Release | 2016 |
Genre | |
ISBN |
For nearly 80 years, the field of macroeconomics has largely been shaped by the aftermath of the Keynesian revolution. Many economists have argued that his revolution and the subsequent internal and external disputes it has sparked have had the unfortunate side effect of crowding out much of what was good in macro-level analysis before it, leading to the dissatisfactory state of macroeconomics we have today. In the search for alternative paths for macroeconomics, I focus on two separate but compatible traditions: monetary disequilibrium theory (MDT) and the Austrian business cycle theory (ABCT). I argue that scholars in these traditions employed a far richer micro-theoretic explanation for the business cycle well before Keynes's General Theory. Unfortunately, their ideas were not united in time to mount a sufficient counterattack to the Keynesian crusade. My goal is to unite the best elements of these two traditions by providing what I believe is the “missing link” that can help connect these alternative paths: free banking theory.
Time and Money
Title | Time and Money PDF eBook |
Author | Roger W Garrison |
Publisher | Routledge |
Pages | 435 |
Release | 2000-10-19 |
Genre | Business & Economics |
ISBN | 1134895895 |
Time and Money argues persuasively that the troubles which characterise modern capital-intensive economies, particularly the episodes of boom and bust, may best be analysed with the aid of a capital-based macroeconomics. The primary focus of this text is the intertemporal structure of capital, an area that until now has been neglected in favour of