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Transformational Growth and Effective Demand

Economics after the Capital Critique

ISBN-13: 9780814757697
Publisher: NEW YORK UNIVERSITY PRESS
Imprint: NEW YORK UNIVERSITY PRESS
By Edward J. Nell
Price: AUD $217.00
Stock: 0 in stock
Availability: This book is temporarily out of stock, order will be despatched as soon as fresh stock is received.
Local release date: 31/10/1991
Format: Hardback (229.00mm X 152.00mm) 680 pages Weight: 1452g
Categories: Economic theory & philosophy [KCA]

Description
Google Preview: This collection of essays develops Edward Nell's influential theory of transformational growth. Nell sets established concepts such as the classical notion of prices of production and the wage-profit frontier within a significant new framework that illustrates their role in the dynamic evoution of the industrial system from its beginnings in feudalism through the early capitalism of the family firms to the modern system of effective demands and multiplier adjustments. The essays present the method and its relation to the capital critique before developing the main ideas of transformational growth through a series of historical studies culminating in a revised theory of the multiplier. Outlining policies which strongly affirm an expansionist approach, Nell porposes a reconstruction of macroeconimics.; Google Preview content