Keynesian, Sraffian, Computable and Dynamic Economics

Theoretical and Simulational (Numerical) Approaches
Herausgegeben:Velupillai, Kumaraswamy

• Broschiertes Buch

Produktbeschreibung

This book explores an alternative approach to the conventional, market-based, view of economic theory and economic policy, at theoretical, numerical and applicable levels. The chapters provide a theoretical, empirical, and algorithmic approach to marcodynamics, Sraffian economics, and current policy issues. Post-Keynesian macroeconomics, business cycle theory, the trade cycle, microfoundations, and the Philips Machine are also covered.

This book aims to challenge orthodox ideas and provide a lens through which to honour the work of Stefano Zambelli. It will be of relevant to students and academics interested in economics.

Produktdetails

• Verlag: Palgrave Macmillan / Springer International Publishing / Springer, Berlin
• Artikelnr. des Verlages: 978-3-030-58133-6
• 1st ed. 2021
• Seitenzahl: 464
• Erscheinungstermin: 9. März 2022
• Englisch
• Abmessung: 210mm x 148mm x 25mm
• Gewicht: 595g
• ISBN-13: 9783030581336
• ISBN-10: 3030581330
• Artikelnr.: 63420431

Autorenporträt

Kumaraswamy (Vela) Velupillai is a retired economist living in Stockholm, Sweden. He has been a Professor of Economics at various universities in Europe, USA, India and South America. He is a graduate of Kyoto, Lund and Cambridge Universities. His main interests are in Computable Economics, Macrodynamics and History of Mathematical Economics.

Inhaltsangabe

1: Introduction.- 2: Intuitions about Welfare - Under the Constraint of Computability.- 3: Sraffa, Keynes and a New Paradigm.- 4: On the Meaning Maximization Doctrine: An Alternative to the Utilitarian Doctrine.- 5: A Generalization of Sraffa's Notion of "Viability" in a 'Land Grabbing' Context.- 6: The Sea Battle Tomorrow: The Identity of Reflexive Economic Agents.- 7: Production, Innovation and Disequilibrium.- 8: The Non-Robustness of Saddle-Point Dynamics: a Methodological Perspective.- 9: The Economic Intuitions at the Base of Stefano Zambelli's Technical Contributions.- 10: Foresight - The Foreseeable Future.- 11: Uniqueness in Planar Endogenous Business Cycle Theories.- 12: Nonlinear Endogenous Business Cycles: Zambelli-Goodwin Excursions in Cellular Automata Worlds.- 13: Chopping Off to Compute Sraffa's Standard Ratio.- 14: The Noisy Dynamics of Finance contrasted with the Complex Dynamics of Biology.- 15: Observations on Computability, Uncertainty and Technology.- 16: Marx and the Other Sraffa: The Insignificant Empirical Effect of Price-Value Deviations on Economic Aggregates.- 17: Corn Model, Subsistence Economy and the Empirical Economy.- 18:The Zambelli Attractors of Coupled, Nonlinear Macrodynamics and Knot Theory.