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Literatur zur Politischen Ökonomie
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Referenz:
Nell (1998): The general theory of transformational growth
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Titel:
The general theory of transformational growth
Untertitel:
Keynes after Sraffa
Ort: Verl.:
Jahr:
1998
Faksimile:
Kleinbild
Deskribierung:
Inhalt:
Part I History or equilibrium? 1
1 The idea of Transformational Growth 3
2 The stylized facts of the old business cycle and the new 37

Part II Method and approach: the active mind 71
3 Conceptual truths and empirical observations 75
4 Rationality, structure, and behavior 106

Part III Money and the Golden Rule 149
5 Circulation and production: the need for money 152
Appendix: Recent theories of circulation 206
6 Circulation and instability: the supply of money 216

Part IV The wage-profit trade-off 289
7 The Classical system: the Golden Rule, labor, and the wage-profit trade-off 292
Appendix: A numerical example 351
8 The Classical system: gravitation and market adjustment 360
9 Cycles and growth: market adjustment in Craft conditions 410

Part V Investment and Mass Production 465
10 Demand growth, pricing, and investment plans 467
11 Inflation, employment, and market adjustment in Mass Production 545
Appendix: Stability of the modes of operation 602

Part VI Money and fluctuations in the modern economy 611
12 Money and interest in the Keynesian system 613
13 Growth and cycles: financially constrained instability under Mass Production 654

Conclusions 715
14 Keynesian themes on Classical grounds 717


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