Economic Growth and Long Cycles: A Classical Political Economy Approach (Routledge Frontiers of Political Economy) - Image 1

£130.00

This is the most expensive it has ever been. Walk away.

£130 today · previous high £130 · all-time low £110

Routledge Economic Growth and Long Cycles: A Classical Political Economy Approach (Routledge Frontiers of Political Economy)

Name: Economic Growth and Long Cycles: A Classical Political Economy Approach (Routledge Frontiers of Political Economy)
Brand: Routledge
Price: 130.0 GBP
Availability: InStock

Business & Economic History

Price Distribution

Price distribution over 26 days • 2 price levels

Days at Price

Current Price

Price Analysis

Most common price: £130 (21 days, 80.8%)

Price range: £110 - £130

Price levels: 2 different prices over 26 days

Description

Contemporary capitalism is characterized by periods of vigorous economic growth and periods of slow or even negative growth. This book draws on the classical political economy approach to consider both economic cycles and economic growth and draw conclusions about the inherent instability of the modern economy. The book shows that the work of the old classical economists (Smith and Ricardo) and Marx is theoretically sound and capable of providing answers to both growth and cycles. It also demonstrates the potential and natural integration of growth and cycles in a single model. The microeconomic foundation of this model is the labor theory of value, which continues with the General Law of Capital Accumulation, the Law of the Falling Rate of Profit, and the movement of the Industrial Reserve Army of Labour. Finally, a dynamic model of growth-cum-cycles is constructed consisting of the evolution and interaction of five key variables, namely, the rate of profit, the propensity to invest in fixed capital, technological change, the reserve army of labour, and the rate of capital devaluation. The analysis demonstrates that economic growth and cycles are not disconnected from each other, as they have been treated in the literature, but rather interdependent aspects of the same evolutionary process of a capitalist economy. This book will interest readers in the history of economic thought, economic growth and development, macroeconomics, and political economy.

Product Specifications

Brand: Routledge
Format: hardcover
ASIN: 1032558679
Category: Books > Subjects > Business, Finance & Law > Biographies & Histories > Business & Economic History
Domain: Amazon UK
Release Date: 03 June 2024
Listed Since: 29 November 2023

Barcode

No barcode data available

This is the most expensive it has ever been. Walk away.

Routledge Economic Growth and Long Cycles: A Classical Political Economy Approach (Routledge Frontiers of Political Economy)

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

Springer Classical Political Economics and Modern Capitalism

Business Cycles in Economic Thought: A history (Routledge Studies in the History of Economics)

Business Fluctuations and Cycles

Michal Kalecki: An Intellectual Biography Vol II - Macmillan

Macroeconomics in Ecological Context: 5 (Studies in Ecological Economics, 5)

Value, Technical Change and Crisis - Marxist Economic Theory

Economic Growth and Macroeconomic Dynamics: Recent Developments in Economic Theory

Macroeconomics of Growth Cycles and Financial Instability (New Directions in Modern Economics series)

The Economic Cycle and the Growth of the Chinese Economy (Routledge Studies on the Chinese Economy)

Princeton University Press - Frontiers of Business Cycle Research

Perspectives on Economic Growth

Revisiting Classical Economics - Long-Period Analysis Studies

Growth Cycles and Multisectoral Economics: the Goodwin Tradition: Proceedings of the Workshop in Honour of R. M. Goodwin: 309 (Lecture Notes in Economics and Mathematical Systems, 309)

Post-Keynesian Growth Theory: Selected Essays (New Directions in Post-Keynesian Economics series)

Capitalism, Socialism and Post-Keynesianism: Selected Essays of G.C. Harcourt (Economists of the Twentieth Century series)

STUDIES IN MEDIUM-RUN MACROECONOMICS: GROWTH, FLUCTUATIONS, UNEMPLOYMENT, INEQUALITY AND POLICIES

The Theory of Accumulation: A Marxian Approach to the Dynamics of Capitalist Economy (Kobe University Monograph Series in Social Science Research)

Business Cycle Dynamics and Stabilization Policies: A Keynesian Approach: 15 (Advances in Japanese Business and Economics, 15)

Business Cycles: The Nature and Causes of Economic Fluctuations (Praeger Series in Political)

Real Business Cycle Models in Economics - Routledge Studies

Foundations of Macroeconomics: Theory and Policy - Routledge

Cycles, Growth and the Great Recession: Economic Reflections in Times of Uncertainty (Routledge Critical Studies in Finance and Stability)

The Theory of Accumulation: A Marxian Approach to the Dynamics of Capitalist Economy (Kobe University Monograph Series in Social Science Research)

Business Cycle Dynamics and Stabilization Policies: A Keynesian Approach: 15 (Advances in Japanese Business and Economics, 15)

This is the most expensive it has ever been. Walk away.

Routledge Economic Growth and Long Cycles: A Classical Political Economy Approach (Routledge Frontiers of Political Economy)

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

Springer Classical Political Economics and Modern Capitalism

Business Cycles in Economic Thought: A history (Routledge Studies in the History of Economics)

Business Fluctuations and Cycles

Michal Kalecki: An Intellectual Biography Vol II - Macmillan

Macroeconomics in Ecological Context: 5 (Studies in Ecological Economics, 5)

Value, Technical Change and Crisis - Marxist Economic Theory

Economic Growth and Macroeconomic Dynamics: Recent Developments in Economic Theory

Macroeconomics of Growth Cycles and Financial Instability (New Directions in Modern Economics series)

The Economic Cycle and the Growth of the Chinese Economy (Routledge Studies on the Chinese Economy)

Princeton University Press - Frontiers of Business Cycle Research

Perspectives on Economic Growth

Revisiting Classical Economics - Long-Period Analysis Studies

Growth Cycles and Multisectoral Economics: the Goodwin Tradition: Proceedings of the Workshop in Honour of R. M. Goodwin: 309 (Lecture Notes in Economics and Mathematical Systems, 309)

Post-Keynesian Growth Theory: Selected Essays (New Directions in Post-Keynesian Economics series)

Capitalism, Socialism and Post-Keynesianism: Selected Essays of G.C. Harcourt (Economists of the Twentieth Century series)

STUDIES IN MEDIUM-RUN MACROECONOMICS: GROWTH, FLUCTUATIONS, UNEMPLOYMENT, INEQUALITY AND POLICIES

The Theory of Accumulation: A Marxian Approach to the Dynamics of Capitalist Economy (Kobe University Monograph Series in Social Science Research)

Business Cycle Dynamics and Stabilization Policies: A Keynesian Approach: 15 (Advances in Japanese Business and Economics, 15)

Business Cycles: The Nature and Causes of Economic Fluctuations (Praeger Series in Political)

Real Business Cycle Models in Economics - Routledge Studies

Foundations of Macroeconomics: Theory and Policy - Routledge

Cycles, Growth and the Great Recession: Economic Reflections in Times of Uncertainty (Routledge Critical Studies in Finance and Stability)

The Theory of Accumulation: A Marxian Approach to the Dynamics of Capitalist Economy (Kobe University Monograph Series in Social Science Research)

Business Cycle Dynamics and Stabilization Policies: A Keynesian Approach: 15 (Advances in Japanese Business and Economics, 15)