This book presents a comprehensive overview of three key areas: heterodox macroeconomics, development economics and classical political economy. It offers an alternative macroeconomic framework to analyze policies with an emphasis on issues of equity and justice.
This book presents a comprehensive overview of three key areas: heterodox macroeconomics, development economics and classical political economy. It offers an alternative macroeconomic framework to analyze policies with an emphasis on issues of equity and justice.
Deepankar Basu is Associate Professor in the Department of Economics at the University of Massachusetts Amherst, USA. Debarshi Das is Associate Professor in the Department of Humanities and Social Sciences at the Indian Institute of Technology Guwahati, India.
Inhaltsangabe
1. Introduction Part I. Post-Keynesian Macroeconomics: Growth and Distribution 2. Power, Income Inequality and Economic Growth 3. Harrodian Instability in Kaleckian Models and Steindlian Solutions: An Elementary Discussion 4. Conflict as Closure: A Kaleckian Model of Growth and Distribution Under Financialization 5. Aggregate Demand Policy in Mature and Dual Economies 6. Competition, Technical Change and Demand-Led Growth 7. The Economics and Politics of Social Democracy: A Reconsideration 8. What is the Impact of an Exogenous Shock to the Wage Share: VAR Results for the US Economy, 1973-2018 Part II. Classical Political Economy: Conflict and Exploitation 9. 'Superhuman Efforts' and the Theory of Value and Distribution: Sraffa on Pareto 10. Rosa Luxemburg, Mikhail Tugan-Baranovsky and the Current State of Economic Crisis 11. Some Reflections on 'Primitive Accumulation' 12. A Model of the Marxist Rent Theory Part III. Duality and Underdevelopment 13. Rural Poor or Peasant-Proletarians: Agrarian Change and Labour Markets in Eastern United Provinces in the Colonial Period 14. Rising Inequality and Dualism in the US Economy: Evidence and Potential Explanations 15. India's Growth Story: A Model of 'Riskless Capitalism'? 16. Supporting Domestic Development Through Coordinating the Promotion of Domestic Value Chains
1. Introduction Part I. Post-Keynesian Macroeconomics: Growth and Distribution 2. Power, Income Inequality and Economic Growth 3. Harrodian Instability in Kaleckian Models and Steindlian Solutions: An Elementary Discussion 4. Conflict as Closure: A Kaleckian Model of Growth and Distribution Under Financialization 5. Aggregate Demand Policy in Mature and Dual Economies 6. Competition, Technical Change and Demand-Led Growth 7. The Economics and Politics of Social Democracy: A Reconsideration 8. What is the Impact of an Exogenous Shock to the Wage Share: VAR Results for the US Economy, 1973-2018 Part II. Classical Political Economy: Conflict and Exploitation 9. 'Superhuman Efforts' and the Theory of Value and Distribution: Sraffa on Pareto 10. Rosa Luxemburg, Mikhail Tugan-Baranovsky and the Current State of Economic Crisis 11. Some Reflections on 'Primitive Accumulation' 12. A Model of the Marxist Rent Theory Part III. Duality and Underdevelopment 13. Rural Poor or Peasant-Proletarians: Agrarian Change and Labour Markets in Eastern United Provinces in the Colonial Period 14. Rising Inequality and Dualism in the US Economy: Evidence and Potential Explanations 15. India's Growth Story: A Model of 'Riskless Capitalism'? 16. Supporting Domestic Development Through Coordinating the Promotion of Domestic Value Chains
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