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A New Construction of Ricardian Theory of International Values
This is the first book published in English on the new international value theory, presented by Yoshinori Shiozawa in 2007. Shiozawa submitted a solution to the question on international values since Ricardo by constructing a Ricardo–Sraffa model on trading economies with M countries and N commodities including intermediate inputs (normally M N). The new theory is based on the assumption that prices are determined by production costs, which is the property derived from the classical value theory. The papers collected here deal with the following: introducing readers to the new theory; presenting diagrammatic illustrations of the new theory; analysing efficient patterns of specialization al...
New Construction of Ricardian Theory of International Values
This is the first book published in English on the new international value theory, presented by Yoshinori Shiozawa in 2007. Shiozawa submitted a solution to the question on international values since Ricardo by constructing a Ricardo--Sraffa model on trading economies with M countries and N commodities including intermediate inputs (normally M
Microfoundations of Evolutionary Economics
This book provides for the first time the microfoundations of evolutionary economics, enabling the reader to grasp a new framework for economic analysis that is compatible with evolutionary processes. Any independent approach to economics must include a value theory (or price theory) and price and quantity adjustment processes. Evolutionary economics has rightly and successfully concentrated its efforts on explaining evolutionary processes in technology and institutions. However, it does not have its own value theory and is not capable of explaining the workings of everyday economics processes, in which any evolutionary process would take place. Our point of departure is the addition of myop...
Capitalism in Evolution
'. . . this collection will be useful to economic and business historians in reminding them that capitalism is not a monolithic and unvarying economic system.' - Gail D. Triner, Business History 'Although so many collections of essays such as the one at hand are eclectic and boring, this is clearly an exception. The strength of the volume resides in the fact that it establishes a dialogue among all the authors on the roots of globalization and what the editors call "the precariousness of world markets".' - Francisco Louçã, Journal of Evolutionary Economics For much of the twentieth century, rivalry existed between centrally planned and capitalist solutions to the problems of economic stability and growth. This changed in the 1990s. In that same decade, the period of rapid growth of the Japanese economy came to an end and by the close of the century, the American model of capitalism was seen as the only possible option.
The Rejuvenation of Political Economy
This book provides the basic knowledge of Japanese contributions in political economy and the ongoing research agenda, such as the pursuit of theoretical consistency in Marxian economics by Uno School; the concept of ‘civil society’ as a criterion of existing socio-economic structure; a mathematical reconstruction of Marxian theory; and an analysis of environmental pollution. The new generation of Japanese political economists in collaboration with their overseas counterparts has produced new insights into political economy and into the newly emerging structure of the world economy. The book provides useful insights into international capitalism and how past patterns of uneven development are now changing; the role of international finance in affecting both national and international growth and employment patterns; an analysis of recent growth patterns in Asia; and the specific issue emerging within the Asian region and the implications for economics, social change and geopolitics.
Japanese Institutionalist Post-Keynesians Revisited
This is the first book that systematically considers the academic achievements of Japanese institutionalist post-Keynesian economists in the postwar period and argues that we can learn much from their intellectual heritage. Those Japanese economists include the world-renowned figures, Shigeto Tsuru and Hirofumi Uzawa, whose inheritance came from Keynes, Marx, and institutionalism. In the era of globalization after the 1990s, economic inequality and social divide have intensified all over the world. In this situation, the academic achievements of those economists in postwar Japan should be reconsidered for the aim of establishing a new political economy. With this perspective, the book looks ...
Digital Designs for Money, Markets, and Social Dilemmas
An innovative feature of this book is its econocentric structure, focusing on digital designs. From the outset, econocentrism is assumed to be a core engine of capitalism, like money. The new coronavirus pandemic has changed lifestyles worldwide, which are unlikely ever to return in their original form. This great transformation will change the nature of the socio-economic system itself and will be centered on digital designs. At present, money already is beginning to undergo a major revolution in that sense. Many books dealing with digital designs and innovations have been published, but few if any of them focus on monetary and analytical methods in the way that this present volume does.The book then contains 6 parts: Evolution of money and thinking complexities in the AI era; Goods market and the future of labor market; Computational social approaches to social dilemmas, smart city, cryptocurrencies; Artificial market experiments; The randomness and high frequencies in financial data; Other trading strategy issues and the effects of AI usage. These issues may be indispensable subjects in our age. Study these subject, and have a step forward to the future society!
Japan
"A joint publication of the Social Science Research Council and New York University Press."
Homological and Computational Methods in Commutative Algebra
This volume collects contributions by leading experts in the area of commutative algebra related to the INdAM meeting “Homological and Computational Methods in Commutative Algebra” held in Cortona (Italy) from May 30 to June 3, 2016 . The conference and this volume are dedicated to Winfried Bruns on the occasion of his 70th birthday. In particular, the topics of this book strongly reflect the variety of Winfried Bruns’ research interests and his great impact on commutative algebra as well as its applications to related fields. The authors discuss recent and relevant developments in algebraic geometry, commutative algebra, computational algebra, discrete geometry and homological algebra. The book offers a unique resource, both for young and more experienced researchers seeking comprehensive overviews and extensive bibliographic references.
