The Megacorp and Macrodynamics
Essays in Memory of Alfred Eichner
Published on 16. September 2016
350 pages
978-1-315-48892-9 (ISBN)
Description
These essays on Post-Keynesian economics were written expressly for a volume to honour the life and work of Alfred Eichner. The original countributions - that critically examine and extend ideas in Eichner's "The Macrodynamics of Advanced Market Economies" are organized in seven sections that correspond to areas of economics in which Eichner made a significant contribution. Part 1 deals with the megacorp, a theory of firm pricing and investment that was one of Eichner's most important contributions. Issues of productivity and technical change, that lie at the center of Eichner's macrodynamic model, are the focus of part 1 and parts 3 and 4 elaborate on Eichner's work on growth and money and yield insights into the theoretical disagreements among the Post-Keynesians themselves. Part 5 presents a number of examples of non-neo-classical model building. Part 6 opens with a critique of the "new economic history" that leads to other essays on thorny methodological issues confronting Post-Keynesians. Part 7 gives a European perspective on North American Post-Keynesian economics. The essays reveal the relationships between Eichner's work and Institutionalist and Marxian economics. At the same time, the book raises current theoretical conflicts among these groups as well as among Post-Keynesians themselves. This book compliments Alfred S.Eichner's "The Macrodynamics of Advanced Market Economies", also published in 1991, and is appropriate for scholars and upper-level undergraduates and graduate students.
More details
Language
English
Place of publication
London
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
College/higher education
Illustrations
tables, index
File size
13,09 MB
ISBN-13
978-1-315-48892-9 (9781315488929)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Book
05/1992
1st Edition
M.E. Sharpe
€133.10
Shipment within 3-4 weeks
Book
05/1992
1st Edition
M.E. Sharpe
€59.50
Shipment within 3-4 weeks
Person
Milberg, William
Content
Chapter 1 Introduction: Social Thought and Social Change'"Alfred Eichner's Vision of a New Economics, William Milberg; Part 1 The Megacorp; Chapter 2 The 'oeMegacorp'?: Eichner's Contribution to the Theory of the Firm, Nina Shapiro; Chapter 3 Demand, Pricing, and Investment, Edward J. Nell; Chapter 4 Finance and the Growth of Corporations: A Flow-of-Funds Approach, Matthew V. Fung; Part 2 Productivity and Technical Change; Chapter 5 The Integration of Household Structure and Industrial Structure: An Extension of the Input-Output Model, Eileen Appelbaum; Chapter 6 An Evolutionary Model of Technical Change with Markup Pricing, E. Ray Canterbery; Chapter 7 Technical Change in the Corporate Economy: A Vertically Integrated Approach, William Milberg, Bruce Elmslie; Part 3 Macrodynamics; Chapter 8 The Integration of Micro and Macroeconomics through Macrodynamic Megacorps, J.A. Kregel; Chapter 9 The Real Wage and Growth Trade-off in Post Keynesian Economics, Brian de Uriarte; Part 4 Money; Chapter 10 Macrodynamics, the Flow of Funds, and the Monetary-Financial System, Andrea Terzi; Chapter 11 The Macroeconomics of the Megacorp's Determination of the Markup, Johan Deprez; Chapter 12 Eichner's Approach to Money and Macrodynamics, Paul Davidson; Part 5 Modeling the Post-Keynesian Alternative; Chapter 13 An Outline of a Short-period Post Keynesian Model for the Brazilian Economy, Fernando J. Cardim de Carvalho, Luiz Chrysostomo de Oliveira Filho; Chapter 14 Export-led Growth: A New Interpretation, John Cornwall, Wendy Cornwall; Chapter 15 Competing Microeconomic Theories of Industrial Profits: An Empirical Approach, Eduardo M. Ochoa, Mark Glick; Part 6 Methodology; Chapter 16 Toward a New Macroeconomic History, Richard B. Du Boff; Chapter 17 Alfred Eichner and the Revival of Empirical Economics, Fritz W. Efaw; Chapter 18 The Pervasive Proposition, 'oeWhat Is, Is and Ought to Be'?: A Critique, Warren J. Samuels; Part 7 European Perspectives; Chapter 19 Economic Policies in a Post-Keynesian World, Philip Arestis; Chapter 20 At the Source of Alfred Eichner's Post-Keynesian Economics: A Personal Note, Luigi L. Pasinetti;
