Pasinetti and the Classical Keynesians (eBook, ePUB)

Nine Methodological Issues
Redaktion: Bellino, Enrico

• Format: ePub

Produktbeschreibung

Recent economic and financial crises have exposed mainstream economics to severe criticism, bringing present research and teaching styles into question. Building on a solid and vivid tradition of economic thought, this book challenges conventional thinking in the field of economics. The authors turn to the work of Luigi Pasinetti, who proposed a list of nine methodological and theoretical ideas that characterize the Classical Keynesian School. Drawing inspiration from both Keynes and Sraffa, this school has forged a long-standing and ambitious research programme often advocated as a competing paradigm to mainstream economics. Overall, the Classical Keynesian School provides a comprehensive analytical framework into which most non-mainstream schools of thought can be integrated. In this collection, a group of leading scholars critically assess the nine main ideas that, in Pasinetti's view, characterize the Classical-Keynesian approach, evaluating their relevance for both the history of economics and for present economic research.

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Produktdetails

• Verlag: Cambridge University Press
• Erscheinungstermin: 24. Februar 2022
• Englisch
• ISBN-13: 9781108918381
• Artikelnr.: 66181876

Inhaltsangabe

Foreword Mauro Baranzini, Alberto Quadrio Curzio and Roberto Scazzieri;
Introduction Enrico Bellino, Sebastiano Nerozzi; 1. Reality (and not simply
Abstract Rationality) as the Starting Point of Economic Theory Maria
Cristina Marcuzzo; 2. Economic Logic with Internal Consistency (and not
only Formal Rigor): Beyond Formal Rigour: Realism and Internal Consistency
in Piero Sraffa Neri Salvadori, Rodolfo Signorino; 3. Malthus and the
Classics (not Walras and the Marginalists) as the Major Inspiring Source in
the History of Economic Thought: The Principle of Effective Demand and
Classical Economics Heinz D. Kurz; 4. Non-ergodic (in Place of Stationary,
Timeless) Economic Systems: Considerations Suggested by Joan Robinson's
Distinction between Two 'Notions' of Time in Economic Theory Ariel Dvoskin,
Paolo Trabucchi; 5. Causality vs. Interdependence: A Distinction that
Conveys a World's View Enrico Bellino, Sebastiano Nerozzi; 6.
Macroeconomics before Microeconomics: A Sceptic's Guide to Macroeconomics
Murray Milgate, John Eatwell; 7. Disequilibrium: Disequilibrium and
Instability (Not Equilibrium) as the Normal State of the Industrial
Economies: A Methodological Standpoint on Structural Economic Dynamics
Ariel Luis Wirkierman; 8. Necessity of Finding an Appropriate Analytical
Framework for Dealing with Technical Change and Economic Growth: Technical
Change, Structural Dynamics and Employment Harald Hagemann; 9. A Strong,
Deeply Felt, Social Concern Claudia Rotondi; Afterword: Why the
Classic-Keynesian Trend May Be of Interest to a Young Scholar Today? Nadia
Garbellini; Concluding Remarks: Pasinetti's Separation Theorem Bertram
Schefold; Author Index; Subject Index.