Normal prices, technical change, and accumulation/
Bertram Schefold.
- New York: St. Martin's Press, 1997.
- xv, 577 p. : ill. ; 23 cm.
- Studies in political economy .
Includes bibliographical references (p. 550-562) and index.
Preface -- Introduction: Sraff's Theory Today --
PART 1: GENERAL PROPERTIES OF SINGLE AND JOINT PRODUCTION SYSTEMS -- Multiple Product Techniques With Properties of Single Product Systems -- Relative Prices as a Function of the Rate of Profit: A Mathematical Note -- The Standard Commodity as a Tool of Economic Analysis --
PART 2: THE DOMINANT TECHNIQUE -- On Counting Equations -- Von Neumann and Sraffa: Mathematical Equivalence and Conceptual Difference -- The Dominant Technique in Joint Production Systems -- Joint Production: A Further Assessment --
PART 3: FIXED CAPITAL AND TECHNICAL PROGRESS -- Fixed Capital as a Joint Product -- Reduction to Dated Quantities of Labour, Roundabout Processes, and Switches of Technique in Fixed Capital Systems -- Different Forms of Technical Progress -- Capital, Growth, and Definitions of Technical Progress --
PART 4: THE COMPOSITION OF OUTPUT -- Sraffa and Applied Economics: Joint Production -- On Changes in the Composition of Output --
PART 5: RELATIONS BETWEEN CLASSICAL, NEOCLASSICAL AND KEYNESIAN THEORIES -- Joint Production, Intertemporal Preferences and Long-Period Equilibrium -- The Market and the Classical Theory of Prices -- On the Classical and Marshallian Foundation of Keynesian and Post-Keynesian Economics -- Classical Theory and Intertemporal Equilibrium -- Schumpeter as a Walrasian Austrian and Keynes as a Classical Marshallian -- Ecological Problems as a Challenge to Classical and Keynesian Economics -- Notes -- Bibliography -- Index.
0333621298
Production (Economic theory) Prices. Technological innovations. Saving and investment. Equilibrium (Economics) Economics, Mathematical.