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Social fairness and economics : economic essays in the spirit of Duncan Foley /

This volume brings together papers inspired by the work of Duncan Foley, an extraordinarily productive economist who has made seminal contributions to a wide variety of areas. Foley's work cannot be easily classified, but one thread that runs through it is a critical examination (along both eth...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Otros Autores: Taylor, Lance, 1940-, Rezai, Armon, Michl, Thomas R.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Abingdon, Oxon ; New York : Taylor and Francis, 2012.
Colección:Routledge frontiers of political economy.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Cover
  • Social Fairness and Economics
  • Title Page
  • Copyright Page
  • Table of Contents
  • List of figures
  • List of tables
  • List of contributors
  • Introduction
  • Personal remarks: Festschrift conference, April 21, 2012
  • PART I Socio-economic ideology and methodology
  • 1 Keynes and Marx, Duncan and me
  • 2 The sophisticated Legislator meets Adam's fallacy: a cultural-institutional market failure
  • 3 The complex evolution of Duncan K. Foley as a complexity economist
  • 4 Applications of statistical mechanics to economics: entropic origin of the probability distributions of money, income, and energy consumption
  • PART II Neoclassical economics: dispersed and decentralized exchange
  • 5 Class in catallaxy
  • 6 Positional goods, climate change and the social returns to investment
  • 7 Markets with Black Swans
  • 8 Equilibrium vs. market efficiency
  • 9 Foley's Thesis, Negishi's method, existence proofs and computation
  • PART III Classical political economy: growth and distribution
  • 10 Rate of profit and crisis in the US economy: a class perspective
  • 11 The sources of profitability
  • 12 On the "vexata questio of value": Ricardo, Marx and Sraffa
  • 13 Duncan Foley's circuit of capital model for an open economy
  • 14 Production, circuits of capital, and flows and stocks in national accounts
  • 15 Endogenous technological change in Classical-Marxian models of growth and distribution
  • 16 Macroeconomics of Keynesian and Marxian inspirations: toward a synthesis
  • 17 A model of fiscal and monetary policy
  • 18 Consequences of downsizing in U.S. manufacturing, 1967 to 1997
  • PART IV Complexity: barriers and bounds to rationality
  • 19 Market ecology and the economics of crisis
  • 20 Market complexity and the nature of crises in financial markets
  • 21 The inherent hierarchy of money
  • Index.