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Alfred Marshall and Modern Economics : Equilibrium Theory and Evolutionary Economics / by Neil Hart

By: Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: SpringerLink Bücher | Springer ebook collection / Palgrave Economics and Finance Collection 2000 - 2013Publisher: Basingstoke : Palgrave Macmillan, 2013Description: Online-Ressource (XIII, 271 p, online resource)ISBN:
  • 9781137029751
  • 9780230302716
Subject(s): Additional physical formats: 9781349337781 | Erscheint auch als: 9781349337781 Druck-AusgabeDDC classification:
  • 339
  • 339.5 23
LOC classification:
  • HB172.5
  • HB145 .H3872 2013
DOI: DOI: 10.1057/9781137029751Online resources:
Contents:
Cover; Contents; Foreword; Preface and Acknowledgements; 1 Introduction: Equilibrium and Evolution; 1.1 Outline of the book; 1.2 Equilibrium analogies in economic theory; 1.3 Towards a 'more biological paradigm'; 2 Alfred Marshall's Economic Biology Mecca and Mechanical Analogies; 2.1 Marshall's economic biology, increasing returns, and the representative firm theory; 2.2 Mechanical analogies and Marshall's 'reconciliation problem'; 2.3 Marshall and the Marshallians; 2.4 Marshall's 'loyal but faithless' followers; 3 Equilibrium Economics after Marshall
3.1 The imperfect competition 'revolution': exorcising the Marshallian incubus?3.2 General equilibrium, economies of scale, and imperfect competition; 3.3 Challenges to the ascendency of equilibrium analysis: infidels, palace revolts, and true believers; 3.4 Equilibrium Games; Appendix: The capital theory debates and 'Marshall's theory'; 4 Keynes' Marshallian Heritage and the Walrasian Eclipse; 4.1 Marshall and Keynes; 4.2 Keynes' General Theory; 4.3 Walrasian interpretations; 4.4 The neoclassical synthesis and beyond; 5 Equilibrium Growth and Cumulative Causation
5.1 Adam Smith on economic progress5.2 Equilibrium growth; 5.3 'New Growth Theory': old wine for new bottles?; 5.4 Keynesian endogenous growth theory; 5.5 Allyn Young, the traverse and cumulative causation; 5.6 Cumulative causation and economic evolution; 6 The Revitalisation of Marshall's Industrial Economics; 6.1 Marshall's applied industrial economics; 6.2 Post-Marshallian visions of industrial economics; 6.3 The reawakening of interest in Marshall's industrial economics; 7 Themes in Evolutionary Economics; 7.1 Veblen and Schumpeter: two pioneering figures in evolutionary economics
7.2 Goodwin's dynamics7.3 Biological evolution and evolutionary economics; 7.4 Nelson and Winter and modern evolutionary economics; 8 Marshall, Evolutionary Economics, and Post-Keynesian Theory; 8.1 Marshall's economic biology and contemporary evolutionary economics; 8.2 Marshall's 'reconciliation problem' and evolutionary economics; 8.3 Long-period analysis and evolutionary economics; 8.4 Evolutionary economics and Post-Keynesian economics; 9 Conclusion; Notes; Bibliography; Index
Summary: Alfred Marshall and Modern Economics re-examines Marshall's legacy and relevance to modern economic analysis with the more settled conventional wisdom concerning evolutionary processes allowing advances in economic theorising which were not possible in Marshall's life time.PPN: PPN: 1657476820Package identifier: Produktsigel: ZDB-1-PEO | ZDB-2-PEF | ZDB-2-SXEF | ZDB-2-SEB | BSZ-2-PEF
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