Classical Economics, Keynes and Money casts new light on an approach to economic theory and policy that combines the modern classical theory of prices and income distribution with a Keynesian analysis of money and finance. Structured in four parts, the work considers issues within classical economics, monetary economics, Keynesian and post-Keynesian Economics, rationality and economic methodology. These themes are all central to the work of Carlo Panico, and the chapters both reflect on and build on his key contributions to the field. This collection is of interest to advanced students and researchers in the history of economic thought, monetary theory, financial economics and heterodox economics.
Classical Economics, Keynes and Money casts new light on an approach to economic theory and policy that combines the modern classical theory of prices and income distribution with a Keynesian analysis of money and finance.
Chapter
1. Introduction,
Chapter
2. Asking the right questions,
Classical theory of value and distribution,
Chapter
3. On Physical Real Cost,
Labour and Metaphysics,
Chapter
4. Sraffa and the problem of returns: A view
from the Sraffa archive,
Chapter
5. Class struggle and hired prize-fighters.
A Marx-inspired perspective on the present state of economic theory and its
social causes,
Chapter
6. On the productiveness of welfare expenditures,
Chapter
7. Is Ricardian intensive rent a Nash equilibrium?,
Chapter
8.
Organizations and institutions in Sraffa's thinking, Keynesian and
Post-Keynesian theories of growth and distribution,
Chapter
9. Key Elements
of Post-Keynesian Economics,
Chapter
10. Classical theories of wages and
heterodox theories of distribution,
Chapter
11. On changes and differences.
Joan Robinson vs Sraffa,
Chapter
12. Behavioral changes and distribution
effects in a Pasinetti-Solow model, Monetary and fiscal policies and the role
of institutions,
Chapter
13. The Underground economy and the Financial
market: A two sides relationship,
Chapter
14. Latin Americas macroeconomic
policies and growth: an uncoordinated dance,
Chapter
15. Election and
Government Deficit Spending: Evidence from Italian Regions,
Chapter
16.
Monetary policy and national fiscal policies in the Euro area,
Chapter
17.
Monetary policy and financial stability in the economic and monetary union,
The problem of rationality in economics,
Chapter
18. Economics situational
rationality,
Chapter
19. Rationality, Uncertainty, and Ecological Adaptation
John Eatwell is Honorary Fellow of Queens College, Cambridge; Member of House of Lords of the United Kingdom; and Foreign Fellow of Accademia Nazionale dei Lincei, Italy, and was President of Queens College, Cambridge. Pasquale Commendatore is Professor of Economics at the University of Naples Federico II, Italy. Neri Salvadori was Professor of Economics at University of Pisa, Italy, and is Corresponding Fellow of Accademia Nazionale dei Lincei, Italy.
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