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 eBook
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2009.
• Subjects: Economic history.; Economic theory.; Macroeconomics.; Economics.; Economic Theory/Quantitative Economics/Mathematical Methods.; Macroeconomics/Monetary Economics//Financial Economics.; Economic Systems.; Methodology/History of Economic Thought.

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:

• Temporary Equilibrium, Distribution-Driven Demand Cycles, and Unbalanced Growth
• Goodwin Growth Cycles in a Keynes Trade Cycle Framework and Beyond
• 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 Modeling: Baseline Structure and Estimation
• Modeling Our Future: Flexicurity Capitalism.