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Author | : Nobantu L. Mbeki |
Publisher | : Taylor & Francis |
Total Pages | : 427 |
Release | : 2023-04-07 |
Genre | : Business & Economics |
ISBN | : 1000875636 |
Download Post-Keynesian Theories of the Firm Book in PDF, ePub and Kindle
Within Post-Keynesian economics there is a spectrum of approaches to theories of the firm but what they have in common, to their great benefit, is a proper integration of the concept of radical uncertainty: data that cannot be known. This book revisits Kalecki’s theory of the firm is located to show that it constitutes fertile theoretical ground on which to systematically understand the resultant indeterminacy when firms operate under conditions of radical uncertainty. The author proposes a way of generalising radical uncertainty by integrating some of the separate approaches within Post-Keynesian economics centred around Kalecki’s work. Through this, it is shown that radical uncertainty does more than just change the ultimate motivation of firms (dropping short run profit maximisation; more complex motivation; interconnectivity with the environment), it is central to the emergence, existence and motivation of firms, and critically also firm strategy. It is argued that firms do not simply respond to uncertainty: it is the systematic cause of their intentional behaviour. Through developing these arguments, the book also contributes to the methodology of Kalecki and Shackle, as well as Kaleckian price theory. This book will be important reading for anyone interested in theories of the firm, Post-Keynesian economics and heterodox approaches to economics more broadly.
Author | : M. Lavoie |
Publisher | : Springer |
Total Pages | : 165 |
Release | : 2007-06-15 |
Genre | : Business & Economics |
ISBN | : 0230626300 |
Download Introduction to Post-Keynesian Economics Book in PDF, ePub and Kindle
This book shows how the realistic foundations and stylized facts of Post-Keynesian economics give rise to macroeconomic implications that are different from those of received wisdom with regards to employment, output growth, inflation and monetary theory, and offers an alternative to neoclassical economics and its free-market economic policies.
Author | : Sheila C. Dow |
Publisher | : Edward Elgar Publishing |
Total Pages | : 296 |
Release | : 2002 |
Genre | : Business & Economics |
ISBN | : |
Download Post Keynesian Econometrics, Microeconomics and the Theory of the Firm Book in PDF, ePub and Kindle
While the first conference (1993) focused on methodological issues, the 13 papers of the second are more concerned with developments in theory, empirical work, and policy questions as they seek to carry on the insights of economist John Maynard Keynes into and through the 1990s. Among the themes are the relationship between microeconomic and macroeconomic levels, uncertainty and its implications for individual behavior as it underpins macroeconomic behavior, and applying post- Keynesian theory to policy questions particularly in the international arena. The proceedings of the first conference were published under a separate title, and this series begins Volume One with the second conference. Annotation copyrighted by Book News, Inc., Portland, OR
Author | : Nobantu Mbeki |
Publisher | : |
Total Pages | : 0 |
Release | : 2023 |
Genre | : Corporations |
ISBN | : 9781032463995 |
Download Post-Keynesian Theories of the Firm Book in PDF, ePub and Kindle
"This book revisits Kalecki's theory of the firm to show that it constitutes fertile theoretical ground on which to systematically understand the resultant indeterminacy when firms operate under conditions of radical uncertainty. Within Post-Keynesian economics there is a spectrum of approaches to theories of the firm, but what they have in common is a proper integration of the concept of radical uncertainty: data that cannot be known. The author proposes a way of generalising radical uncertainty by integrating some of the separate approaches within Post-Keynesian economics centred around Kalecki's work. Through this, it is shown that radical uncertainty does more than just change the ultimate motivation of firms (dropping short run profit maximisation; more complex motivation; interconnectivity with the environment), it is central to the emergence, existence and motivation of firms, and critically also firm strategy. It is argued that firms do not simply respond to uncertainty; it is the systematic cause of their intentional behaviour. Through developing these arguments, the book also contributes to the methodology of Kalecki and Shackle, as well as Kaleckian price theory. This book will be important reading for anyone interested in theories of the firm, Post-Keynesian economics and heterodox approaches to economics more broadly"--
Author | : Richard P. F. Holt |
Publisher | : Psychology Press |
Total Pages | : 156 |
Release | : 2001 |
Genre | : Keynesian economics |
ISBN | : 9780415229821 |
Download A New Guide to Post Keynesian Economics Book in PDF, ePub and Kindle
Providing a comprehensive introduction to the post-Keynesian position on key issues confronting economists and public policy makers, this text reflects the changes that have occurred in post-Keynesian thought in recent years.
Author | : Paul Wells |
Publisher | : Springer Science & Business Media |
Total Pages | : 120 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 1461523311 |
Download Post-Keynesian Economic Theory Book in PDF, ePub and Kindle
Post-Keynesian Economic Theory explores and develops several areas of post- Keynesian economics most in need of additional fundamental research, including: a monetary theory of production; post-Keynesian price theory; international economics; labor economics; financing aggregate demands; and the liquidity preference theory of interest. The book presents a constructive post-Keynesian critique of contemporary macroeconomic conceptualization and practice. It illustrates the illusory character of the search for unique, determinate results in the problems of macroeconomics and clearly demonstrates the complexity and resulting richness of meaningful economic theory.
Author | : Philip Arestis |
Publisher | : Edward Elgar Publishing |
Total Pages | : 344 |
Release | : 1992 |
Genre | : Business & Economics |
ISBN | : |
Download The Post-Keynesian Approach to Economics Book in PDF, ePub and Kindle
Contiene: The Grand Neo-clssical Synthesis; Refinements of the GNS; A critique of GNS economics; Post-keynesian economics; Theories of production, investment and distribution; Theories of prices and pricing; The theory of money wage determination; The theory of money, credit and finance; Growth Dynamics and bussines cycles theories; Economic policy implications.
Author | : Lavoie, Marc |
Publisher | : Edward Elgar Publishing |
Total Pages | : 744 |
Release | : 2022-05-13 |
Genre | : Business & Economics |
ISBN | : 1839109629 |
Download Post-Keynesian Economics Book in PDF, ePub and Kindle
This visionary Research Handbook presents the state of the art in research on policy design. By conceiving policy design both as a theoretical and a methodological framework, it provides scholars and practitioners with guidance on understanding policy problems and devising accurate solutions.
Author | : Paul Davidson |
Publisher | : Edward Elgar Publishing |
Total Pages | : 160 |
Release | : 2015-08-28 |
Genre | : Business & Economics |
ISBN | : 1784718254 |
Download Post Keynesian Theory and Policy Book in PDF, ePub and Kindle
How did economic ÒexpertsÓ worldwide fail to predict the financial crisis of 2007-2008? Eminent economist Paul Davidson discusses how mainstream economic theory may not be applicable to the world of experience. Post Keynesian theory is designed to be a
Author | : Stephen Dunn |
Publisher | : Routledge |
Total Pages | : 257 |
Release | : 2010-04-05 |
Genre | : Business & Economics |
ISBN | : 1134469462 |
Download The 'Uncertain' Foundations of Post Keynesian Economics Book in PDF, ePub and Kindle
This important new book introduces, analyzes and takes forward a post-Keynesian theory of the firm. It makes a vital contribution to the conceptualisation of uncertainty that is consistent with the methodological presuppositions of Post Keynesian economics. The author attempts to make a positive contribution to the development of Post Keynesian economics by refuting allegations of incoherence, detailing some of the salient implications of a transmutable conception of economic processes and then starting to explore what this means for how Post Keynesians conceptualise uncertainty. The book argues that the Post Keynesian distinctive view of time, understood as a non-deterministic open systems process, is a core and defining characteristic which is linked to its theoretical discussion of money and the principle of effective demand. Covering areas such as the coherence of Post Keynesianism, the future of Post Keynesian economics and Keynesian methodological debates, this book is useful reading for all Post Keynesian scholars with a strong interest in economic methodology and the philosophical underpinnings of economics.