Modern Classical Economics and Reality A Spectral Analysis of the Theory of Value and Distribution /

• Main Authors: Mariolis, Theodore (Author), Tsoulfidis, Lefteris (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Tokyo : Springer Japan : Imprint: Springer, 2016.
• Series: Evolutionary Economics and Social Complexity Science, 2
• Subjects: Economic theory.; Economic policy.; Economics.; Economic Policy.; Economic Theory/Quantitative Economics/Mathematical Methods.; Economic Systems.

This book presents an in-depth, novel, and mathematically rigorous treatment of the modern classical theory of value based on the spectral analysis of the price–profit–wage rate system. The classical theory is also subjected to empirical testing to show its logical consistency and explanatory conten...

Table of Contents:

• 1 Old and Modern Classical Economics
• 2 Modern Classical Theory of Prices and Outputs
• 3  Values, Prices and Income Distribution in Actual Economies
• 4 Measures of Production Price-Labour Value Deviation and Production Conditions
• 5 Spectral Decompositions of Single-Product Economies
• 6 Brody fs Stability and Disturbances.