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Classical Political Economics and Modern Capitalism

- Theories of Value, Competition, Trade and Long Cycles
Af: Persefoni Tsaliki, Lefteris Tsoulfidis Engelsk Paperback

Classical Political Economics and Modern Capitalism

- Theories of Value, Competition, Trade and Long Cycles
Af: Persefoni Tsaliki, Lefteris Tsoulfidis Engelsk Paperback
Tjek vores konkurrenters priser

This book promotes an in-depth understanding of the key mechanisms that govern the functioning of capitalist economies, pursuing a Classical Political Economics approach to do so. It explores central theoretical issues addressed by the classical economists Smith and Ricardo, as well as Marx, while also operationalizing more recent theoretical developments inspired by the works of Sraffa and other modern classical economists, using actual data from major economies.

On the basis of this approach, the book subsequently provides alternative explanations for various microeconomic issues such as the determination of equilibrium prices and their movement induced by changes in income distribution; the dynamics of competition of firms within and between industries; the law of tendential equalization of interindustry profit rates; and international exchanges and transfers of value; as well as macroeconomic issues concerning capital accumulation and cyclical economic growth.

Given its scope, the book will benefit all researchers, students, and policymakers seeking new explanations for observed phenomena and interested in the mechanisms that give rise to surface economic categories, such as prices, profits, the unemployment rate, interest rates, and long economic cycles.

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This book promotes an in-depth understanding of the key mechanisms that govern the functioning of capitalist economies, pursuing a Classical Political Economics approach to do so. It explores central theoretical issues addressed by the classical economists Smith and Ricardo, as well as Marx, while also operationalizing more recent theoretical developments inspired by the works of Sraffa and other modern classical economists, using actual data from major economies.

On the basis of this approach, the book subsequently provides alternative explanations for various microeconomic issues such as the determination of equilibrium prices and their movement induced by changes in income distribution; the dynamics of competition of firms within and between industries; the law of tendential equalization of interindustry profit rates; and international exchanges and transfers of value; as well as macroeconomic issues concerning capital accumulation and cyclical economic growth.

Given its scope, the book will benefit all researchers, students, and policymakers seeking new explanations for observed phenomena and interested in the mechanisms that give rise to surface economic categories, such as prices, profits, the unemployment rate, interest rates, and long economic cycles.

Produktdetaljer
Sprog: Engelsk
Sider: 456
ISBN-13: 9783030179694
Indbinding: Paperback
Udgave:
ISBN-10: 3030179699
Udg. Dato: 20 sep 2020
Længde: 0mm
Bredde: 155mm
Højde: 235mm
Forlag: Springer Nature Switzerland AG
Oplagsdato: 20 sep 2020
Forfatter(e) Persefoni Tsaliki, Lefteris Tsoulfidis


Kategori Offentlig administration


ISBN-13 9783030179694


Sprog Engelsk


Indbinding Paperback


Sider 456


Udgave


Længde 0mm


Bredde 155mm


Højde 235mm


Udg. Dato 20 sep 2020


Oplagsdato 20 sep 2020


Forlag Springer Nature Switzerland AG

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