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The General Theory of Transformational Growth: Keynes After Sraffa
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The General Theory of Transformational Growth: Keynes After Sraffa Hardcover - 1998

by Edward J. Nell


From the publisher

For the past century, economic analysis has been wedded to the idea of equilibrium, in spite of the evident fact that most economic relationships are in flux. The theory of transformational growth in this work replaces equilibrium with history. The role of the market is not to allocate resources, but to generate innovations, which are "selected" by competition in an evolutionary process. These innovations in turn change the way markets work and how they adjust, thus creating new problems and new kinds of pressures to innovate. The core relationships provide the foundations for a theory of monetary circulation, which makes possible a revised Keynesian approach, based on Classical foundations.

Details

  • Title The General Theory of Transformational Growth: Keynes After Sraffa
  • Author Edward J. Nell
  • Binding Hardcover
  • Edition 1st Edition
  • Pages 816
  • Volumes 1
  • Language ENG
  • Publisher Cambridge University Press
  • Date 1998-07-13
  • ISBN 9780521590068 / 052159006X
  • Weight 2.6 lbs (1.18 kg)
  • Dimensions 8.8 x 6 x 1.9 in (22.35 x 15.24 x 4.83 cm)
  • Library of Congress subjects Economic development, Keynesian economics
  • Library of Congress Catalog Number 98-24700
  • Dewey Decimal Code 330.156
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The General Theory of Transformational Growth
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The General Theory of Transformational Growth

by Edward J. Nell

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The General Theory of Transformational Growth: Keynes After Sraffa
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The General Theory of Transformational Growth: Keynes After Sraffa

by Edward J. Nell

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The General Theory of Transformational Growth: Keynes after Sraffa
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The General Theory of Transformational Growth: Keynes after Sraffa

by Nell, Edward J

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ISBN 10 / ISBN 13
9780521590068 / 052159006X
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