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Economic Theory and its History
This collection brings together leading economists from around the world to explore key issues in economic analysis and the history of economic thought. This book deals with important themes in economics in terms of an approach that has its roots in the works of the classical economists from Adam Smith to David Ricardo. The chapters have been inspired by the work of Neri Salvadori, who has made key contributions in various areas including the theory of production, the theory of value and distribution, the theory of economic growth, as well as the theory of renewable and deplorable natural resources. The main themes in this book include production, value and distribution; endogenous economic ...
Classical Economics and Modern Theory
In this thought-provoking book, well known economists Kurz and Salvadori cover original findings and new vistas on old problems. They cover: alternative interpretations of classical economists new growth theory the relationship between Sraffian theory and Von Neumann the treatment of capital in neoclassical long-period theory. Incorporating cutting-edge research and new work, this book will be of great interest to those working in the field of the history of economic thought.
Classical Economics, Keynes and Money
Classical Economics, Keynes and Money casts new light on an approach to economic theory and policy that combines the modern classical theory of prices and income distribution with a Keynesian analysis of money and finance. Structured in four parts, the work considers issues within classical economics, monetary economics, Keynesian and post-Keynesian Economics, rationality and economic methodology. These themes are all central to the work of Carlo Panico, and the chapters both reflect on and build on his key contributions to the field. This collection is of interest to advanced students and researchers in the history of economic thought, monetary theory, financial economics and heterodox economics.
Interpreting Classical Economics
First Published in 2007. This book is the third volume of previously published essays from Heinz D. Kurz and Neri Salvadori, following Understanding Classical Economics (1998) and Classical Economics and Modern Theory (2003), both published by Routledge. This new collection can be read in isolation but perhaps more fruitfully in conjunction with the previous texts, providing modern interpretations of the classical economists and comparing their analyses with that of contemporary mainstream economics. The essays in the new volume are split between three parts, the first section dealing with classical economics and modern theory focusing specifically on the differences in the analytical struct...
The Chinese Capital Market
Annette Kleinbrod analyses the Chinese capital market and examines to what extent the stock and bond markets contribute to the financing of China's development. Her approach takes into account the relatively recent re-emergence of the stock and bond markets in China, the limited data available, and the country's current dynamics.
The Elgar Companion to David Ricardo
Arguably one of the most important economists who has lived, Ricardo's impact on the economics profession is immense. This unique and comprehensive Companion elucidates his significance and continuing legacy. Ricardo made major contributions to all fields of the subject, from monetary issues to value and income distribution, from capital accumulation, technical progress and economic growth to foreign trade and international specialisation, and from taxes to public debt. What he called the main problem of political economy, the distribution of income and wealth, is again back on the political and economic agenda with a vengeance. Leading experts in the field explore his influence and offer novel interpretations of received doctrines.
Four Central Theories of the Market Economy
This highly original work offers an intellectual history of four central theories underlying the market economic system, focusing on their conception, evolution, and applications. Four Central Theories of the Market Economy traces the root of the theories, their conception and articulation, as well as their evolutions to the present time. It focuses on the four theories that are generally recognized as fundamental to the discipline of economics: the invisible hand, comparative advantage, the law of markets, and the quantity theory of money. These theories have profoundly influenced the world. Chapters explore their rich intellectual history from classical Greece to today, drawing on the orig...
Theory of Production
This compelling book contains a comprehensive analytical treatment of the theory of production in a long-period framework. Although the authors take a 'Classical' approach to their subject, the scope of investigation and methods employed should interest all economic theorists. Professors Kurz and Salvadori explore economic systems that are characterised by a particular kind of primary input in the production process, such as different kinds of labour and natural resources. These systems and the corresponding prices can be understood to reflect characteristic features of a capitalist market economy in an ideal way: they express the pure logic of the relationship between value and distribution in an economic system. Specific chapters deal with prices and income distribution, economic growth, joint production, fixed capital, scarce natural resources (both renewable and exhaustible), and heterogeneous labour. The historical origins of the concepts used are also discussed in considerable detail.
Ricardo and the History of Japanese Economic Thought
David Ricardo’s theories were introduced in fragments in Japan after the Meiji restoration of 1868 and his work came into prominence late in comparison to other major thinkers figuring in the history of economic thought. The book seeks to analyse the studies in Japan from the year 1920 to the end of the 1930s – during the time before the outbreak of the Second World War, when even the study of classical economics became difficult. The book covers different aspects of his works and contains elements which may be interesting to foreign and even Japanese readers today without necessarily coming under the influence of Marx’s reading. It presents works on Ricardo that are at present, wholly unknown to the Ricardo scholars and more generally to the historians of economic thought outside Japan. This book is an essential read on the history of economic thought in Japan.
Stories, Streets, and Saints
Stories, Streets, and Saints documents the history of an important Italian American neighborhood, Boston's North End, from the age of immigration at the turn of the twentieth century to the era of neighborhood upheaval in the "New Boston" of the 1980s. Drawing on years of fieldwork, on-site photography, and scholarly research, Anthony V. Riccio records, translates, and transcribes compelling oral histories of elderly Italian American storytellers who weave social history in their unique village idiom, providing an intimate look at daily life in an Italian American neighborhood. Testimonies of post-Unification southern Italy reconstruct the dire social and economic conditions that caused millions to pursue the promise of America. Rare firsthand stories of the Spanish Flu offer timely narratives in the wake of COVID-19, and eyewitness descriptions reconstruct the horrific Molasses Explosion of 1919. Riccio's own photographs from 1979 to 1983, along with images from old family albums, illustrate these oral histories, creating a lasting record of the experiences of Italian Americans, who, like many other ethnic groups, contributed mightily to the building of America.
