The Macrodynamics of Capitalism Elements for a Synthesis of Marx, Keynes and Schumpeter /

• Main Author: Flaschel, Peter. (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2009.
• Subjects: Economics.; Macroeconomics.; Economics > Methodology.; Economics/Management Science.; Economic Theory.; Methodology and the History of Economic Thought.; Economic Systems.; Macroeconomics/Monetary Economics.
• Online Access: https://ezaccess.library.uitm.edu.my/login?url=http://dx.doi.org/10.1007/978-3-540-87932-9

This book provides an introduction to basic as well as advanced macrodynamics, viewed as a disequilibrium theory of fluctuating growth. It builds on an earlier attempt to reformulate the foundations of macroeconomics from the perspective of real markets disequilibrium and the conflict over income di...

Table of Contents:

• Goodwin Growth Cycles in a Keynes Trade Cycle. Temporary Equilibrium, Distribution-Driven Demand Cycles and Unbalanced Growth: Keynes, the "Classics" and the "New Classics": A Simple Presentation of Basic Differences
• After Keynes: Real Growth and (In-)Stability
• Distributive Stability by the Reserve Army Mechanism: Marx's Contribution
• Inflation, Stagflation and Disinflation: Friedman - or Marx? Conventional AD-AS Analysis: A Reconsideration: Keynesian Monetary Growth Under Adaptive Expectations
• A Classical Revolution in Keynesian Macrodynamics? Matured Keynesian AD-AS Analysis and Beyond: Keynesian AD-AS, Quo Vadis?- Keynesian DAD-DAS Modelling: Baseline Structure and Estimation
• Modeling Our Future: Flexicurity Capitalism
• Mathematical Appendix: Some Useful Theorems.