Alfred Marshall and Modern Economics [electronic resource] : Equilibrium Theory and Evolutionary Economics /
Hart, N.author.
Alfred Marshall and Modern Economics re-examines Marshall's legacy and relevance to modern economic analysis with the more settled conventional wisdom concerning evolutionary processes allowing advances in economic theorising which were not possible in Marshall's life time.
Description based upon print version of record.
""Cover""; ""Contents""; ""Foreword""; ""Preface and Acknowledgements""; ""1 Introduction: Equilibrium and Evolution""; ""1.1 Outline of the book""; ""1.2 Equilibrium analogies in economic theory""; ""1.3 Towards a â€?more biological paradigmâ€?""; ""2 Alfred Marshallâ€?s Economic Biology Mecca and Mechanical Analogies""; ""2.1 Marshallâ€?s economic biology, increasing returns, and the representative firm theory""; ""2.2 Mechanical analogies and Marshallâ€?s â€?reconciliation problemâ€?""; ""2.3 Marshall and the Marshallians""; ""2.4 Marshallâ€?s â€?loyal but faithlessâ€? followers""
""3 Equilibrium Economics after Marshall""""3.1 The imperfect competition â€?revolutionâ€?: exorcising the Marshallian incubus?""; ""3.2 General equilibrium, economies of scale, and imperfect competition""; ""3.3 Challenges to the ascendency of equilibrium analysis: infidels, palace revolts, and true believers""; ""3.4 Equilibrium Games""; ""Appendix: The capital theory debates and â€?Marshallâ€?s theoryâ€?""; ""4 Keynesâ€? Marshallian Heritage and the Walrasian Eclipse""; ""4.1 Marshall and Keynes""; ""4.2 Keynesâ€? General Theory""; ""4.3 Walrasian interpretations""
""4.4 The neoclassical synthesis and beyond""""5 Equilibrium Growth and Cumulative Causation""; ""5.1 Adam Smith on economic progress""; ""5.2 Equilibrium growth""; ""5.3 â€?New Growth Theoryâ€?: old wine for new bottles?""; ""5.4 Keynesian endogenous growth theory""; ""5.5 Allyn Young, the traverse and cumulative causation""; ""5.6 Cumulative causation and economic evolution""; ""6 The Revitalisation of Marshallâ€?s Industrial Economics""; ""6.1 Marshallâ€?s applied industrial economics""; ""6.2 Post-Marshallian visions of industrial economics""
""6.3 The reawakening of interest in Marshallâ€?s industrial economics""""7 Themes in Evolutionary Economics""; ""7.1 Veblen and Schumpeter: two pioneering figures in evolutionary economics""; ""7.2 Goodwinâ€?s dynamics""; ""7.3 Biological evolution and evolutionary economics""; ""7.4 Nelson and Winter and modern evolutionary economics""; ""8 Marshall, Evolutionary Economics, and Post-Keynesian Theory""; ""8.1 Marshallâ€?s economic biology and contemporary evolutionary economics""; ""8.2 Marshallâ€?s â€?reconciliation problemâ€? and evolutionary economics""
""8.3 Long-period analysis and evolutionary economics""""8.4 Evolutionary economics and Post-Keynesian economics""; ""9 Conclusion""; ""Notes""; ""Bibliography""; ""Index""
Includes bibliographical references and index.
Alfred Marshall and Modern Economics re-examines Marshall's legacy and relevance to modern economic analysis with the more settled conventional wisdom concerning evolutionary processes allowing advances in economic theorising which were not possible in Marshall's life time.
Marshall, Alfred, 1842-1924.
Macroeconomics.
Schools of economics.
Economic theory.
Economic history.
Evolutionary economics.
Macroeconomics/Monetary Economics//Financial Economics.
Heterodox Economics.
Economic Theory/Quantitative Economics/Mathematical Methods.
Economic History.
Institutional/Evolutionary Economics.