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OverviewIn this study, Professor Sylos Labini offers an analysis of growth that is at once theoretical, historical and statistical. The central aim of neo-classical economics has been to discover the equilibrium values of prices, incomes, employment and production. This text by contrast, seeks to understand the logic behind the movement of these quantities over time. Drawing upon a tradition in economics which dates from Adam Smith, while making use of modern analytical techniques, Sylos Labini views the process of growth as central to economic theory. Economic growth is seen not as a systematic increase of output conceived as an homogeneous aggregate, but rather as a process of structural change, affecting the composition of employment and bringing about changes in market forms, output, income distributions and the system of prices. It is suitable for students and teachers of economics who wish to become acquainted with a different approach to the process of growth. Full Product DetailsAuthor: Paolo S. LabiniPublisher: Edward Elgar Publishing Ltd Imprint: Edward Elgar Publishing Ltd Weight: 0.564kg ISBN: 9781852788339ISBN 10: 185278833 Pages: 256 Publication Date: 01 January 1993 Audience: College/higher education , Undergraduate , Postgraduate, Research & Scholarly Format: Hardback Publisher's Status: Active Availability: To order Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us. Table of Contents"Sraffa's critique of the Marshallian theory of prices; the great debates on the laws of returns and the value of capital - when will economists finally accept their own logic?; long-run changes in the wage and price mechanisms and the process of growth; the general theory - critical reflections suggested by some important problems of our time; new aspects of the cyclical development of the economy; the changing character of the so-called business cycle; oligopoly - static and dynamic analysis; the theory of unemployment, too, is historically conditioned; technical progress, unemployment, and economic dynamics; ""capitalism, socialism and democracy"" and large-scale firms."ReviewsAuthor InformationThe late Paolo Sylos Labini, formerly Professor of Economics, University ‘La Sapienza’, Rome, Italy Tab Content 6Author Website:Countries AvailableAll regions |