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Some Cambridge Controversies in the Theory of Capital - G. C. Harcourt

Some Cambridge Controversies in the Theory of Capital

Paperback Published: 24th July 1972
ISBN: 9780521096720
Number Of Pages: 288

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Capital theory traditionally spans two major compartments of economic theory: the theory of production of both individual products and the total product, and the theory of the distribution of the aggregate product between the different classes of capitalist society. It has always been controversial, partly because the subject matter is difficult and partly because rival ideologies and value systems impinge directly on the subject matter. In the present book the various topics associated with the exchanges between the 'neo-Keynesians' and the 'neo-neoclassicals' are discussed and evaluated. The topics include the measurement of capital, the revival of interest in Irving Fisher's rate of return on investment, the double-switching debate, Sraffa's prelude to a critique of neoclassical theory, and the 'new' theories of the rate of profits in capitalist society.

Search for a will-o'-the-wisp: capital as a unit independent of distribution and prices
Treacle, fossils and technical progress
Solow on the rate of return: tease and counter-tease Preliminaries to the main bout
A child's guide to the double-switching debate
The rate of profits in capitalist society: whose finest hour?
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521096720
ISBN-10: 0521096723
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 288
Published: 24th July 1972
Publisher: CAMBRIDGE UNIV PR
Country of Publication: GB
Dimensions (cm): 21.59 x 13.97  x 1.65
Weight (kg): 0.37

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