On political economists and modern political economy : selected essays of G.C. Harcourt

Bibliographic Information

On political economists and modern political economy : selected essays of G.C. Harcourt

edited by Claudio Sardoni

Routledge, 1992

  • : pbk.

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Note

Bibliography: p. [388]-415

Includes indexes

Description and Table of Contents

Volume

ISBN 9780415061582

Description

"On Political Economists and Modern Political Economy" reflects Geoff Harcourt's contribution to economic debate over more than three decades. Included are papers which are recognized as some of the foundations of post-Keynsian economics, analyzing problems set in historical time and starting from "real world" observations. In keeping with the author's sense that the purpose of economics is "to make the world a better place for ordinary men and women" the essays included in the volume are shown to amount to a coherent set of policy proposals. Geoff Harcourt has played a unique role in the development of Cambridge economics over the last thirty years, particularly in the group of economists centred around Joan Robinson. This volume includes intellectual biographies of some of the most prominent members of this group and of other leading unorthodox economists, such as Kenneth Boulding, the late Eric Russell and Lorie Tarshis. It also begins with an autobiographical introduction. This book should be of interest to academics and undergraduates in economics.

Table of Contents

Part I: Issues in Post Keynesian Economics 1. The Accountant in a Golden Age 2. Investment-Decision Criteria, Investment Incentives and the Choice of Technique 3. Pricing and the Investment Decision (with Peter Kenyon) 4. A Critique of Mr Kaldor's Model of Income Distribution and Economic Growth 5. A Two-sector Model of the Distribution of Income and the Level of Employment in the Short Run Part II: The Capital Theory Controversies 6. Decline and Rise: The Revival of (Classical) Political Economy together with comments by Maurice Dobb, Frank Hahn and John Hicks and a reply by the author 7. The Cambridge Controversies: Old Ways and New Horizons - or Dead End? 8. Non-Neoclassical Capital Theory Part III: Surveys of Approaches to Economic Theory 9. Reflections on the Development of Economics as a Discipline 10. Post Keynesianism: From Criticism to Coherence? (With Omar Hamounda) Part IV: Theoretical Methods 11. The Legacy of Keynes: Theoretical Methods and Unfinished Business 12. Marshall, Sraffa and Keynes: Incompatible Bedfellows? 13. Marshall's Principles as seen at Cambridge through the eyes of Gerald Shove, Dennis Robertson and Joan Robinson Part V: Post Keynesian Policy 14. Making Socialism in Your Own Country Part VI: Intellectual Biographies 15. On the Contributions of Joan Robinson and Piero Sraffa to Economic Theory 16. Nicholas Kaldor, 12 May 1908 - 30 September 1986 17. R.F. Kahn, 10 August 1905 - 6 June 1989: A Tribute 18. Eric Russell, 1922-77: A Great Australian Political Economist 19. An Early Post Keynesian: Lorie Tarshis 20. A Man for All Systems: Talking to Kenneth Boulding 21. A Twentieth Century Eclectic: Richard Goodwin.
Volume

: pbk. ISBN 9780415061599

Description

"On Political Economists and Modern Political Economy" reflects the contribution to economic debate of Geoff Harcourt over more than three decades. Included are papers which are recognized as some of the foundations of post-Keynesian economics, analyzing a problem set in historical time and starting from "real world" observations. The "two Cambridge" capital theory controversies have loomed large in Harcourt's work and these are dealt with at some length. In keeping with the author's sense that the purpose of economics if "to make the world a better place for ordinary men and women", the essays included in the volume are shown to amount to a coherent set of policy proposals. Geoff Harcourt has played a unique role in the development of Cambridge economics over the last thirty years, particularly in the group of economists centred around Joan Robinson. This volume includes intellectual biographies of some of the most prominent members of this group and of other leading unorthodox economists. The volume begins with an autobiographical introduction. This book should be of interest to for undergraduate students of economics.

Table of Contents

Part I: Issues in Post Keynesian Economics 1. The Accountant in a Golden Age 2. Investment-Decision Criteria, Investment Incentives and the Choice of Technique 3. Pricing and the Investment Decision (with Peter Kenyon) 4. A Critique of Mr Kaldor's Model of Income Distribution and Economic Growth 5. A Two-sector Model of the Distribution of Income and the Level of Employment in the Short Run Part II: The Capital Theory Controversies 6. Decline and Rise: The Revival of (Classical) Political Economy together with comments by Maurice Dobb, Frank Hahn and John Hicks and a reply by the author 7. The Cambridge Controversies: Old Ways and New Horizons - or Dead End? 8. Non-Neoclassical Capital Theory Part III: Surveys of Approaches to Economic Theory 9. Reflections on the Development of Economics as a Discipline 10. Post Keynesianism: From Criticism to Coherence? (With Omar Hamounda) Part IV: Theoretical Methods 11. The Legacy of Keynes: Theoretical Methods and Unfinished Business 12. Marshall, Sraffa and Keynes: Incompatible Bedfellows? 13. Marshall's Principles as seen at Cambridge through the eyes of Gerald Shove, Dennis Robertson and Joan Robinson Part V: Post Keynesian Policy 14. Making Socialism in Your Own Country Part VI: Intellectual Biographies 15. On the Contributions of Joan Robinson and Piero Sraffa to Economic Theory 16. Nicholas Kaldor, 12 May 1908 - 30 September 1986 17. R.F. Kahn, 10 August 1905 - 6 June 1989: A Tribute 18. Eric Russell, 1922-77: A Great Australian Political Economist 19. An Early Post Keynesian: Lorie Tarshis 20. A Man for All Systems: Talking to Kenneth Boulding 21. A Twentieth Century Eclectic: Richard Goodwin.

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