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Book

Classical Political Economy and Modern Theory

Book

Classical Political Economy and Modern Theory

DOI link for Classical Political Economy and Modern Theory

Classical Political Economy and Modern Theory book

Essays in Honour of Heinz Kurz

Classical Political Economy and Modern Theory

DOI link for Classical Political Economy and Modern Theory

Classical Political Economy and Modern Theory book

Essays in Honour of Heinz Kurz
Edited ByNeri Salvadori, Christian Gehrke, Ian Steedman, Richard Sturn
Edition 1st Edition
First Published 2012
eBook Published 4 September 2011
Pub. Location London
Imprint Routledge
DOI https://doi.org/10.4324/9780203804261
Pages 384
eBook ISBN 9780203804261
Subjects Economics, Finance, Business & Industry
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Salvadori, N., Gehrke, C., Steedman, I., & Sturn, R. (Eds.). (2012). Classical Political Economy and Modern Theory: Essays in Honour of Heinz Kurz (1st ed.). Routledge. https://doi.org/10.4324/9780203804261

ABSTRACT

 Heinz Kurz is recognised internationally as a leading economic theorist and a foremost historian of economic thought. This book pays tribute to his outstanding contributions by bringing together a unique collection of new essays by distinguished economists from around the world.

Classical Political Economy and Modern Theory comprises twenty essays, grouped thematically into five sections. Part I examines political economy and its critique, Part II looks at entrepreneurship, evolution and income distribution, Part III discusses Cambridge, Keynes and macroeconomics, Part IV explores crisis and cycles, whilst Part V is dedicated to personal reminiscences.

The essays in this book will be an invaluable source of inspiration for economists interested in economic theory and in the evolution of economic thought. They will also be of interest to postgraduate and research students specialising in economic theory and in the history of economic thought.

TABLE OF CONTENTS

chapter 1|8 pages

Introduction

ByIAN STEEDMAN, RICHARD STURN

part |2 pages

PART I Political economy and its critique

chapter 2|28 pages

Two concepts of regulation: just prices and the limits of pure economics

ByRICHARD STURN

chapter 3|12 pages

Natural law and the existence and optimality of political equilibrium

ByJOHN S. CHIPMAN

chapter 4|34 pages

Marx’s critique of Ricardo’s theory of rent: a re-assessment

ByCHRISTIAN GEHRKE

chapter 5|4 pages

‘Neo-Ricardian theory’ versus Marxian theory? A note

ByPIERANGELO GAREGNANI

chapter 6|14 pages

The empirical linearity of Sraffa’s critical output–capital ratios

ByANWAR SHAIKH

part |2 pages

PART II Entrepreneurship, evolution and income distribution

chapter 7|15 pages

Entrepreneurship, risk and income distribution in Cantillon’s Essai

ByTONY ASPROMOURGOS

chapter 8|22 pages

Economic development and income distribution: Schumpeter and the institutionalist heritage

ByRICHARD ARENA, ALAIN RAYBAUT

chapter 9|17 pages

Was Schumpeter Walrasian?

ByMARK KNELL

chapter 10|24 pages

Investment in the theory of evolutionary competition

ByJ. STANLEY METCALFE

part |2 pages

PART III Cambridge, Keynes and macroeconomics

chapter 11|22 pages

The ‘Elusive fi gure who hides in the Preface of Cambridge books’: an appraisal of Richard Kahn’s contributions

ByMARIA CRISTINA MARCUZZO

chapter 12|12 pages

A patchwork post-Keynesian/evolutionary approach to income distribution

ByALESSANDRO RONCAGLIA

chapter 13|11 pages

Some notes about the relation between the distribution of income and the distribution of property

ByPETER KALMBACH

chapter 14|27 pages

Transformational growth: from a Marshallian neo-classical system to Keynesian growth

ByEDWARD J. NELL

chapter 15|9 pages

On the concepts of period and run in economic theory

ByGEOFFREY HARCOURT

chapter 16|21 pages

Old Swedes on money and capital

ByHANS-MICHAEL TRAUTWEIN

part |2 pages

PART IV Crisis and cycles

chapter 17|24 pages

Graphical representations of Overstone’s cycle of trade

ByDANIELE BESOMI

chapter 18|17 pages

Economics in an age of crisis: lessons from the past and present

ByJOSÉ LUÍS CARDOSO

chapter 19|13 pages

Cantillon revisited

ByANTOIN E. MURPHY

part |2 pages

PART V Refl ections and reminiscences

chapter 20|18 pages

The privilege of the fi rst, or: Why does research work make Heinz happy?

ByHAGEN M. KRÄMER

chapter 21|16 pages

Sraffa at Kiel

ByHARALD HAGEMANN
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