THE ECONOMICS OF THE PROFIT RATE: Competition, Crises and Historical Tendencies in Capitalism (New Directions in Modern Economics series) - Image 1

£139.00

Edward Elgar Publishing THE ECONOMICS OF THE PROFIT RATE: Competition, Crises and Historical Tendencies in Capitalism (New Directions in Modern Economics series)

Name: THE ECONOMICS OF THE PROFIT RATE: Competition, Crises and Historical Tendencies in Capitalism (New Directions in Modern Economics series)
Brand: Edward Elgar Publishing
Price: 134.0 GBP
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Economic Policy & Development

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Description

In this important book, Gerard Dumenil and Dominique Levy assess the impact of the profit rate on modern economies, its role in the allocation of resources among industries, its influence on business fluctuations, and its relation to accumulation, technological change and wages. The Economics of the Profit Rate presents a broad synthesis of recent work and builds on classical theory, using the tools of modern economics, to suggest alternative approaches to conventional microeconomics and macroeconomics. In sharp contrast to the general equilibrium theory, the emphasis is placed on dynamics and the reaction of individual agents to disequilibrium. This impressive book includes an assessment of the history of the US economy in which theoretical and empirical analyses are consistently combined.

Product Specifications

Brand: Edward Elgar Publishing
Format: hardcover
ASIN: 1852787600
Category: Books > Subjects > Business, Finance & Law > Economics > Economic Policy & Development
Domain: Amazon UK
Release Date: 01 January 1993
Listed Since: 16 December 2006

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Edward Elgar Publishing THE ECONOMICS OF THE PROFIT RATE: Competition, Crises and Historical Tendencies in Capitalism (New Directions in Modern Economics series)

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