Capital In Economic Theory PDF Download
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Author | : Duncan K. Foley |
Publisher | : |
Total Pages | : 1302 |
Release | : 1986-11-13 |
Genre | : Business & Economics |
ISBN | : |
Download Understanding Capital Book in PDF, ePub and Kindle
Understanding Capital is a brilliantly lucid introduction to Marxist economic theory. Duncan Foley builds an understanding of the theory systematically, from first principles through the definition of central concepts to the development of important applications. All of the topics in the three volumes of Capital are included, providing the reader with a complete view of Marxist economics. Foley begins with a helpful discussion of philosophical problems readers often encounter in tackling Marx, including questions of epistemology, explanation, prediction, determinism, and dialectics. In an original extension of theory, he develops the often neglected concept of the circuit of capital to analyze Marx’s theory of the reproduction of capital. He also takes up central problems in the capitalist economy: equalization of the rates of profit (the “transformation problem”); productive and unproductive labor and the division of surplus value; and the falling rate of profit. He concludes with a discussion of the theory of capitalist crisis and of the relation of Marx’s critique of capitalism to his conception of socialism. Through a careful treatment of the theory of money in relation to the labor theory of value, Foley clarifies the relation of prices to value and of Marx’s categories of analysis to conventional business and national income accounts, enabling readers to use Marx’s theory as a tool for the analysis of practical problems. The text is closely keyed throughout to the relevant chapters in Capital and includes suggestions for further reading on the topics discussed.
Author | : John Eatwell |
Publisher | : Springer |
Total Pages | : 287 |
Release | : 1990-07-23 |
Genre | : Business & Economics |
ISBN | : 1349208612 |
Download Capital Theory Book in PDF, ePub and Kindle
This is an excerpt from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the complete work cover the broad themes of economic theory. This extract concentrates on the topic of capital theory.
Author | : C.C. v. Weizsäcker |
Publisher | : Springer Science & Business Media |
Total Pages | : 108 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 3642806465 |
Download Steady State Capital Theory Book in PDF, ePub and Kindle
The following lecture notes were written shortly after I gave a course on capital theory in the winter-semester 1970/71 at the Univer sity of Heidelberg. While the general line of the argument is similar to the one in the course, I have modified and added a large number' of specific points in the process of writing the English version. I should like to emphasize the narrow limitations of the material covered in these notes. I have completely concentrated on steady states of stationary and exponentially growing economies, even up to the point where there is the danger of misleading the reader1 I have done this for several reasons. Other activities have not left me with a sufficient amount of time to be able to find the unifying principle of analysis and mode of presentation for the dynamic aspects of capi tal theory which would have made it worthwhile to add a sizeable book to the large body of literature in this field. On the other hand over the last couple of years I have become increasingly aware that some of the results in steady state capital theory (which could be derived without too much mathematical effort) are of relevance in present day dis cussions about the political role of economic theory and the relative merits of orthodox and radical economics. Also these results seemed not to be known by' mO$ of the participants in these discussions.
Author | : Syed Ahmad |
Publisher | : Aldershot, England : E. Elgar |
Total Pages | : 522 |
Release | : 1991 |
Genre | : Business & Economics |
ISBN | : |
Download Capital in Economic Theory Book in PDF, ePub and Kindle
This major book presents a comprehensive treatment of modern capital theory. It brings together in a balanced and systematic way, the various approaches to capital theory which have emerged or re-emerged in the most recent controversies on the subject. The book focuses on the main approaches namely simple neoclassical, neo-Austrian, Cambridge and disaggregative intertemporal. In conclusion, the book introduces and applies chaos theory with an assessment of its potential for the future development of the subject.
Author | : F. A. Hayek |
Publisher | : Routledge |
Total Pages | : 461 |
Release | : 2019-08-08 |
Genre | : Business & Economics |
ISBN | : 1136748865 |
Download The Pure Theory of Capital Book in PDF, ePub and Kindle
F. A. Hayek’s long-overlooked volume, was his most detailed work in economic theory. Originally published in 1941 when fashionable economic thought had shifted to John Maynard Keynes, Hayek’s manifesto of capital theory is now available again for today’s students and economists to discover. With a new introduction by Hayek expert Lawrence H. White, who firmly situates the book not only in historical and theoretical context but within Hayek’s own life and his struggle to complete the manuscript, this edition commemorates the celebrated scholar’s last major work in economics. Offering a detailed account of the equilibrium relationships between inputs and outputs in an economy, Hayek’s stated objective was to make capital theory "useful for the analysis of the monetary phenomena of the real world.” His ambitious goal was nothing less than to develop a capital theory that could be fully integrated into the business cycle theory.
Author | : Eugen von Böhm-Bawerk |
Publisher | : Ludwig von Mises Institute |
Total Pages | : 468 |
Release | : 1959 |
Genre | : Capital |
ISBN | : 1610163648 |
Download The Positive Theory of Capital Book in PDF, ePub and Kindle
Author | : L.D. Taylor |
Publisher | : Springer Science & Business Media |
Total Pages | : 271 |
Release | : 2013-03-09 |
Genre | : Business & Economics |
ISBN | : 1475747098 |
Download Capital, Accumulation, and Money Book in PDF, ePub and Kindle
Capital, Accumulation, and Money: An Integration of Capital, Growth, and Monetary Theory is a book about capital. A root concept of capital is developed which allows for most existing concepts of capital to be unified and related to one another in consistent fashion. Such a root concept of capital offers a framework for integrating monetary and capital theory, and for analyzing the functioning of an economy, whether that economy is in a steady state of subsistence or in a process of sustainable growth. Specifically, it is shown that a conservation principle emerges that both implies and imposes a variety of constraints on the macro behavior of an economy, constraints which make for straightforward understanding and analysis of such concepts as the real stock of money, real-balance effects, and the general price level. New and illuminating insights are also provided into aggregate supply and demand, natural and money rates of interest, the relationship between real and monetary economies, and economic growth and development.
Author | : Peter Lewin |
Publisher | : Taylor & Francis |
Total Pages | : 163 |
Release | : 2020-07-02 |
Genre | : Business & Economics |
ISBN | : 0429633181 |
Download Capital and Finance Book in PDF, ePub and Kindle
This book applies finance to the field of capital theory. While financial economics is a well-established field of study, the specific application of finance to capital theory remains unexplored. It is the first book to comprehensively study this financial application, which also includes modern financial tools such as Economic Value Added (EVA®). A financial application to the problem of the average period of production includes two discussions that unfold naturally from this application. The first one relates to the dual meaning of capital, one as a monetary fund and the other one as physical (capital) goods. The second concerns its implications for business-cycle theories. This second topic (1) provides a solid financial microeconomic foundation for business cycles and, also (2) makes it easy to compare different business-cycle theories across the average period of production dimension. By clarifying the obscure concept of average period of production, the authors make it easier to analyze the similarities with and differences from other business-cycle theories. By connecting finance with capital theory, they provide a new point of view and analysis of the long-standing problems in capital theory as well as other related topics such as the use of neoclassical production functions and theorizing about business cycles. Finally, they emphasize that the relevance of their application rests on both its policy implications and its contributions to contemporary economic theory.
Author | : D C Hagued |
Publisher | : Springer |
Total Pages | : 419 |
Release | : 1961-01-01 |
Genre | : Business & Economics |
ISBN | : 1349084522 |
Download The Theory of Capital Book in PDF, ePub and Kindle
Author | : Deepankar Basu |
Publisher | : Cambridge University Press |
Total Pages | : 441 |
Release | : 2022-02-03 |
Genre | : Business & Economics |
ISBN | : 1108832008 |
Download The Logic of Capital Book in PDF, ePub and Kindle
An accessible, rigorous presentation of Marx's argument in the three volumes of Capital and of longstanding debates in Marxist economics.