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8 edition of introduction to post-Keynesian and Marxian theories of value and price found in the catalog.

introduction to post-Keynesian and Marxian theories of value and price

Peter M. Lichtenstein

introduction to post-Keynesian and Marxian theories of value and price

by Peter M. Lichtenstein

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  • 6 Currently reading

Published by M.E. Sharpe in Armonk, N.Y .
Written in English

    Subjects:
  • Sraffa, Piero,
  • Value,
  • Prices,
  • Keynesian economics,
  • Marxian economics,
  • Economics -- History

  • Edition Notes

    Bibliography: p. 194-198.

    StatementPeter M. Lichtenstein.
    Classifications
    LC ClassificationsHB203 .L47 1983
    The Physical Object
    Paginationxvii, 205 p. :
    Number of Pages205
    ID Numbers
    Open LibraryOL3499521M
    ISBN 100873322142, 0873322576
    LC Control Number82019707

    Post Keynesian Price Theory This book sets out the foundation of Post Keynesian price theory by developing an empirically grounded pricing model and production schema. The admin-istered, normal cost, and mark up price doctrines are explained in parts I–III of the book, as many of their theoretical arguments are important for developing.   As noted, Marxian economics is intractably wedded to the Labor Theory of Value. The directly dependent doctrine surplus value permits Marx to construct a theory of the laborer’s estrangement from his own production, which in turn breeds alienation and thus the mechanism by which a posited class conflict will play out.

    Post-Keynesian economics is a school of economic thought with its origins in The General Theory of John Maynard Keynes, with subsequent development influenced to a large degree by Michał Kalecki, Joan Robinson, Nicholas Kaldor, Sidney Weintraub, Paul Davidson, Piero Sraffa and Jan ian Robert Skidelsky argues that the post-Keynesian school has remained closest to the spirit of. - Buy Contending Economic Theories – Neoclassical, Keynesian, and Marxian (The MIT Press) book online at best prices in India on Read Contending Economic Theories – Neoclassical, Keynesian, and Marxian (The MIT Press) book reviews & author details and more at Free delivery on qualified orders/5(25).

    to Marxian political economy by its slavish adherence to the Labor Theory of Value. This lost set of axioms both contradicts the Labor Theory of Value, and provides an axiomatic basis from which the bulk of the accepted tenets of Post Keynesian economics can be derived.3 2 Diversity, Philosophy, Axioms, and Deductive logic. P. Lichtenstein, “Post-Keynesian Theories of Value and Price,” in An Introduction to Post-Keynesian and Marxian Theories of Value and Price, (Armonk, NY: M.E. Sharpe, ) POST-KEYNESIAN 2 and 4 October C. Sakrey et al., “John Maynard Keynes and the Turbulent Birth of Macroeconomics,” in Introduction to Political Economy, 4th ed.


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Introduction to post-Keynesian and Marxian theories of value and price by Peter M. Lichtenstein Download PDF EPUB FB2

Dismissing the neoclassical school, he turns to post-Keynesian and Marxian economics with their coherent and consistent theories of value and price based on concrete objective circumstances. The development of these theories in the author’s aim because he believes that this approach comes much closer than neoclassical theory to capturing the essence of a capitalism economy.

Peter M. Lichtenstein believes that any social-economic theory of capitalism must begin with a theory of value and price. Dismissing the neoclassical school, he turns to post-Keynesian and Marxian economics with their coherent and consistent theories of value and price based on concrete objective by: Books Book Series Online Platforms Open SAVE $ 1st Edition An Introduction to Post-Keynesian and Marxian Theories of Value and Price By Lichtenstein.

Hardback $ This product is currently out of stock. ISBN Published October 1, by Routledge An Introduction to Post-Keynesian and Marxian Theories of Value. Introduction to Post-Keynesian Economics: Lavoie, M.: : Books.

Buy New. $ Qty: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 Cited by: An Introduction to Post-Keynesian and Marxian Theories of Value and Price Peter M Lichtenstein Peter M. Lichtenstein believes that any social-economic theory of capitalism must begin with a theory of value and price.

In fact, Mandel provides an authoritative outline of Marxist economic theory, from the labor theory of value to what causes worldwide unemployment, depression, and war.

Reading this book will help you become a more conscious fighter for our by: 5 Post-Keynesian Theories of Value, Distributions, and Price Setting. Post-Keynesian theories of value, distribution, and price-setting by, usually, an oligopolistic price-leader firm are now examined.

Both sets of theories arise from dissatisfaction with supply and demand theories. Panel discussion: Post Keynesian Economic Policy, with V.

Chick, M. Sawyer and Ozlem Onaran (Greenwich University) Friday, 12 July, am - pm Dimitris Sotiropoulos, Kingston University: Introduction to Marxian Political Economy Julian Wells, Kingston University: Value, price and profit: problems and solutions.

Post-Keynesian Economics and Other Reactions to Keynes Role of the State in Capitalist Society Appendix: Rational Expectations 4 Marxian Theory The Marxian Tradition and Its Theories Marx ’ s Contributions Marxism since Marx   Marx's value theory is often presented as a simple costs of production theory, where we add up labour value-added in the various stages of production to come up with a final value.

Actually Adam Smith's value theory was one where he tried to assess the 'contribution' of each 'factor of production' to the value of the final : Mick Brooks. Dismissing the neoclassical school, he turns to post-Keynesian and Marxian economics with their coherent and consistent theories of value and price based on concrete objective circumstances.

The development of these theories in the author’s aim because he believes that this approach comes much closer than neoclassical theory to capturing the essence of a capitalism : Taylor And Francis. This book sets out the foundations of Post Keynesian price theory. Frederic Lee examines the administered, normal cost and mark up price doctrines associated with Post Keynesian economics; he then draws upon those doctrines and previous empirical studies to develop the pricing and production foundations of the theory.

A methodological introduction --The post-Keynesian / Marxian alternatives --The objective theory of value --The subjective theory of value --The economic surplus historically considered --Contemporary surplus concepts --The post-Keynesian (neo-Ricardian) theory of value and price --Wages, profits, and prices --The Ricardian value problem: The invariable measure --Extensions of the basic model.

2 1. Introduction Karl Marxs î ì ìth birthday on May 5,has triggered conferences all over the world and several academic papers reflecting again on different aspects of his work, its impact and its current relevance, not only in economics.1 The current contribution will focus on the relationship between Marxs economics and post-Keynesian economics, applying a Zbroad.

Marxian and post-Keynesian theories of finance and the business cycle Article (PDF Available) in Capital & Class 28(2) July with Reads How we measure 'reads'. Marx‘s monetary theory of value The level of prices, the rejection of Say‘s law and the endogeneity of money Credit, rate of interest and rate of profit 3.

Implications for distribution and growth theory: similarities to Post-Keynesian approaches Marxian ‚real‘ theories of. Introduction to post-Keynesian and Marxian theories of value and price.

London: Macmillan, (OCoLC) Named Person: Piero Sraffa; Piero Sraffa: Document Type: Book: All Authors / Contributors: Peter M Lichtenstein.

An Introduction to Marxist Economic Theory: Ernest Mandel: Print: I. The Theory of Value and Surplus Value. In the last analysis, every step forward in the history of civilization has been brought about by an increase in the productivity of labor. The village accountant kept a kind of great book in which he entered the number of hours of.

Eventually, communism along with its Marxist theories collapsed and all those countries turned to the capitalist free market economy. Marxian economy is based on Karl Marx's labor theory of value. The theory holds that the true value of an article or commodity is measured by "socially necessary labor time" that was invested to produce the article.

Lichtenstein, "Post-Keynesian Theories of Value and Price," in An Introduction to Post-Keynesian and Marxian Theories of Value and Price, (Armonk, NY: M.E. Sharpe, ) Political Economy in Film. 28 and 30 September. Michael Moore, Roger & Me () Mike Judge, Office Space () Post-Keynesian.

5 and 7 October. Book Description: Contending Economic Theories offers a unique comparative treatment of the three main theories in economics as it is taught today: neoclassical, Keynesian, and Marxian. Each is developed and discussed in its own chapter, yet also differentiated from and compared to the other two theories.

References: Adam Smith: An Inquiry into the nature and causes of the Wealth of Nations, (Modern Library, New York, ) Kamala Subramaniam and Prabha Panth: The Macro theories of Value and Distribution, (New Age International, Secunderabad, ) Peter Lichtenstein: An Introduction to Post-Keynesian and Marxian Theories of Value and Price, (M.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.