Book description
Offering a unique picture of recent developments in a range of non-conventional theoretical approaches in economics, this book introduces readers to the study of Analytical Political Economy and the changes within the subject.
- Includes a wide range of topics and theoretical approaches that are critically and thoroughly reviewed
- Contributions within the book are written according to the highest standards of rigor and clarity that characterize academic work
- Provides comprehensive and well-organized surveys of cutting-edge empirical and theoretical work covering an exceptionally wide range of areas and fields
- Topics include macroeconomic theories of growth and distribution; agent-based and stock-flow consistent models; financialization and Marxian price and value theory
- Investigates exploitation theory; trade theory; the role of expectations and ‘animal spirits’ on macroeconomic performance as well as empirical research in Marxian economics
Table of contents
- Cover
- Titlepage
- 1 ANALYTICAL POLITICAL ECONOMY
- 2 TAKING STOCK: A RIGOROUS MODELLING OF ANIMAL SPIRITS IN MACROECONOMICS
- 3 THE AGENT-BASED APPROACH TO POST KEYNESIAN MACRO-MODELING
-
4 STOCK-FLOW CONSISTENT MACROECONOMIC MODELS: A SURVEY
- 1. Introduction
- 2. Basic Principles
- 3. Extensions: Finance, the Monetary Circuit and Income Distribution
- 4. Modelling the Open Economy
- 5. Empirical Models for Whole Countries
- 6. SFC and Agent-Based Modelling
- 7. SFC Ecological Models
- 8. Instead of Conclusion: Onomastics
- Acknowledgements
- Notes
- References
- 5 HETERODOX THEORIES OF ECONOMIC GROWTH AND INCOME DISTRIBUTION: A PARTIAL SURVEY
- 6 ENDOGENOUS TECHNICAL CHANGE IN ALTERNATIVE THEORIES OF GROWTH AND DISTRIBUTION
- 7 MINSKY MODELS: A STRUCTURED SURVEY
- 8 FINANCIALIZATION AND INVESTMENT: A SURVEY OF THE EMPIRICAL LITERATURE
- 9 QUANTITATIVE EMPIRICAL RESEARCH IN MARXIST POLITICAL ECONOMY: A SELECTIVE REVIEW
-
10 VALUE, PRICE, AND EXPLOITATION: THE LOGIC OF THE TRANSFORMATION PROBLEM
- 1. Introduction
- 2. What Is Value Theory For?
- 3. The Basic Marxian Framework
- 4. Classical Long-Period Equilibrium
- 5. The Transformation Problem as an Impossibility Result: The Dualist Approach
- 6. The New Interpretation
- 7. An Althusserian Approach
- 8. A Macromonetary Approach
- 9. The Temporal Single-System Interpretation
- 10. Stochastic Approaches
- 11. Conclusions
- Notes
- References
-
11 A PROGRESS REPORT ON MARXIAN ECONOMIC THEORY: ON THE CONTROVERSIES IN EXPLOITATION THEORY SINCE OKISHIO (1963)
- 1. Introduction
- 2. The Main Developments in Mathematical Marxian Economics from the 1970s until the 1990s
- 3. The PR Exploitation by Roemer (1982)
- 4. Recent Trends of Exploitation Theory in Political Philosophy and Sociology
- 5. Recent Developments of Exploitation Theory in Economics: An Axiomatic Approach
- 6. Concluding Remarks
- Acknowledgments
- Notes
- References
-
12 SOUTH–SOUTH AND NORTH–SOUTH ECONOMIC EXCHANGES: DOES IT MATTER WHO IS EXCHANGING WHAT AND WITH WHOM?
- 1. Introduction
- 2. Economic Development and Global Integration within the Global South
- 3. Evolving Nature of South–South and North–South Exchanges
- 4. Theory and Empirics of South–South Trade and Finance
- 5. China and the Emerging South in Africa
- 6. Is South–South Still a Meaningful Category?
- 7. Conclusion
- Acknowledgments
- Notes
- References
- Appendix
- Index
Product information
- Title: Analytical Political Economy
- Author(s):
- Release date: June 2018
- Publisher(s): Wiley-Blackwell
- ISBN: 9781119483366
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