- ホーム
- > 洋書
- > 英文書
- > Business / Economics
Full Description
Recent years have seen renewed interest in classical political economy. The essays in this collection, presented in honour of Christian Gehrke, explore the central tenets of classical political economy, its comeback in the aftermath of Sraffa's works and the engagement of major economists.
The chapters in the opening section present a gradual elaboration of what became known as the "classical" approach to political economy, with the theory of value and distribution as its core piece. It concerns what Sraffa called the "standpoint" of the classical economist, which revolves around the concept of "social surplus", its distribution mainly as property incomes, and how "physical real costs" together with income distribution governs relative prices in conditions of free competition. The classical authors dealt with include François Quesnay, Richard Cantillon, David Hume, Adam Smith and especially David Ricardo. The second section explores the resurgence of classical political economy. Major elements of this comeback were, first, a new interpretation of the role of the labour theory of value which especially Ricardo had adopted as a makeshift solution in the absence of a coherent theory of value; and, secondly, the demonstration that relative competitive prices and the general rate of profits can be ascertained in terms of the givens in the classical approach to value and distribution. The implication of the findings within a classical framework of the analysis for marginalist theory are drawn. Finally, there are contributions dealing with the works of major economists, who at different times and in various contexts interacted with and intervened in the debates alluded to or tackled entirely novel problems. This applies especially to the problem of cyclical economic development or business cycles, which was particularly addressed by economists such as Otto Bauer, Friedrich August Hayek and Joseph A. Schumpeter.
The book will be of great interest to readers in political economy, history of economic thought and economic theory.
Contents
1 Introduction Christian Gehrke and the Revival of Classical Political Economy Part I Pre-Classical and Classical Political Economy 2 Adam Smith, Geo-economist? Jealousy of trade, Grotian international Society, and Hobbesian Shadows 3 Tableau Économique: The expenditure view versus the reproduction view 4 From 'the Planting of People' to the 'Natural Growth of Settlements'. Early Spatial Economics in Daniel Defoe and Richard Cantillon 5 Demand and Supply before Marginal Utility Part II The Resumption of Classical Political Economy in the Works of Piero Sraffa 6 Reconstructing Piero Sraffa's Re-discovery of the "Standpoint of the Old Classical Economists". Collaborating with Christian Gehrke and Neri Salvadori 7 THE MAKING OF PASINETTI'S 1960 RICARDIAN SYSTEM: AN ARCHIVAL EXPLORATION 8 Money Prices and Balanced Trade in Ricardo's Theory of Foreign Trade 9 Sraffian Criticism of Microeconomics Part III The Dissemination, Adoption and Adaptation of Ideas 10 Kanta Ranadive and the Indian Reception of Ricardo 11 Labour Under Overlapping Modes of Production 12 Techno-economic Paradigms: Shaping Economic Thought and Policy Evolution Part IV Economic Cycles and Money 13 Otto Bauer on Economic Crises 14 Lowe and Schumpeter on Business Cycles 15 Knut Wicksell's Theory of Money, Interest Rate, and Inflation: A Theoretical and Empirical Appreciation Index
