" The book, updated and substantially expanded from Tachibanaki's 1998 Japanese bestseller, discusses the history and the causes of Japan's increasing income inequality and analyzes the effect on wealth distribution of intergenerational ... We have used the latter name for the book due to its large emphasis on Sraffa's work. To understand the main parts of the book only basic algebra and calculus are necessary. Found insideThis is a well-grounded restatement, defense, and development of the theory of income distribution in both its micro- and macroeconomic aspects. Found insideThis is the first book published in English on the new international value theory, presented by Yoshinori Shiozawa in 2007. This collection of essays brings together eminent scholars who have been influenced by Godley's enormous contribution to the field of monetary economics and macroeconomic modeling. Found inside – Page 244Ricardo's concern in the problem of distribution was not duc , or not only due , to the interest in the question of distributive shares per se , but to the belief that the theory of distribution holds the key to an understanding of the whole mechanism ... This book completes the record on Ricardian value theory and fills the last gap in our knowledge of the development of Ricardo's thinking. These volumes complete the project of the earlier assessments by making available the many major articles which have appeared subsequently, including the different re-interpretations by Piero Sraffa, Paul Samuelson and Samuel Hollander. This book, together with Marx's Economic and Walras' Economics, completes a sequence of titles by Professor Morishima on the first generation of scientific economists. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Found insideThis book brings together the work of scholars who have written for it independent essays in their areas of particular expertise in the general field of income distribution. These essays, though formally independent, nevertheless constitute a whole, each one preparing the way for the succeeding chapter. Found inside – Page 246Harry G. Johnson's The Theory of Income Distribution ( London : Gray - Mills , 1973 ) is representative of the neoclassical theory of income distribution that continues the Ricardian tradition . 17. Feldstein's “ On the Optimal Progressivity of the ... This book offers a comprehensive and insightful reflection on David Ricardo’s ingenious theory of international trade. John Chipman is one of the most esteemed economists working in international trade theory. Presented in two volumes, this work presents Chipman's survey articles on the theory of international trade. This essay by 19th-century economist Thomas Robert Malthus examines the social and economic nature of rent. Author David Ricardo, with Adam Smith, founded the "classical" system of political economy, a school of thought that dominated economic policies throughout the nineteenth century and figured prominently in the theories of John Stuart Mill ... This 1974 collection of six essays in economic theory represents a major contribution to the field. This paper examines the determination of exchange values, income distribution, output and population in a Ricardian stationary state with fixed capital under less restrictive assumptions than previous studies. Baranzini and Mirante trace the influence of the schools in terms of 1) their fundamental role in the evolution of economic thought; 2) their promotion of four key controversies (on the measurement of technical progress, on capital theory, ... Found insideThis volume challenges the view that unemployment is exclusively determined by structural characteristics of the labour market and the social benefit system. Found insideIn Revolution or Renaissance, D. Paul Schafer subjects two of the most powerful forces in the world – economics and culture – to a detailed and historically sensitive analysis. We have used the latter name for the book due to its large emphasis on Sraffa's work. To understand the main parts of the book only basic algebra and calculus are necessary. Found inside – Page 465Ricardo ' s Theory of Income Distribution David Ricardo thought that discovery of the “ laws ” which regulate the distribution of the national output among the chief economic classes of society should be the principal problem in economic ... Arguably one of the most important economists who has lived, Ricardo's impact on the economics profession is immense. This unique and comprehensive Companion elucidates his significance and continuing legacy. Identifies scientific and ideological elements in the theories of such economists as Ricardo, Mill, Marx, Jevons, and Keynes. Bibliogs Found inside – Page 1INTRODUCTION Since Ricardo , one of the principal questions facing economists has been how to present a theory of income distribution . Ricardo ( 1817 , p . 5 ) remarks on the historical fact that “ in different stages of society , the proportions ... Found inside – Page 29RECONSIDERATION OF THE THEORY OF RENT By TAKEO MINOGUCHI * The question whether rent enters into cost of ... has been derived from the theory of income distribution , and on the other hand , neo - classical economists have based their idea on the theory of exchange . ... Ricardian theory of rent and its historical background The fact that Ricardian theory of rent has been constructed from the ... This book develops a general economic theory that integrates various economic theories and ideas and establishes important relationships between economic variables that are not formally recognized in the economic literature. The question assumes, of course, that industry shall go on, and that, notwithstanding a paralysis of the forces of progress, wealth shall continue to be created under the influence of a perfectly unobstructed competition. -from the Preface ... This book is of interest to students and scholars of Ricardo, classical economics, and – more broadly – growth theory, the theory of international economics, and globalization. Walter Eltis's classic account of the theories of growth and distribution of Frangois Quesnay, Adam Smith, Robert Malthus, David Ricardo and Karl Marx is reprinted with a substantial new Introduction setting the work in a broader context. The student should be able to gain an understanding of the challenges to contemporary neoclassical economics now taking place. The book is appropriate for courses in price theory and national income. Based on these data, it is the task of theory to discover logical laws in economic activity, if this is realized in a rational manner - and this is naturally a theoretical analytical condition. This collection of essays attempts to evaluate Luigi Pasinetti's contribution and to give new insights into the issues which he has illuminated. New approach to the economic theory of resources, showing the positive role that scarcities can play in triggering economic growth. This collection of writings by Paul Samuelson illustrates the depth and breadth of his contribution to the history of economics. Both its micro- and macroeconomic aspects john Chipman is one of the most important economists who has,! The social and economic nature of rent challenges to contemporary neoclassical economics now taking place Progressivity of the book to! Its micro- and macroeconomic aspects as Ricardo, Mill, Marx, Jevons, development. Continuing legacy this unique and comprehensive Companion elucidates his significance and continuing legacy Optimal Progressivity of the book offers comprehensive. Understand the main parts of the book due to its large emphasis on 's! The record on Ricardian value theory and fills the last gap in our knowledge the. 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