Capital Controversy, Post Keynesian Economics and the History of Economic Thought: Essays in Honour of Geoff Harcourt

BOOK COVER......Page 1
HALF-TITLE......Page 3
TITLE......Page 5
COPYRIGHT......Page 6
CONTENTS......Page 7
FIGURES......Page 10
TABLES......Page 12
CONTRIBUTORS......Page 14
FOREWORD......Page 16
INTRODUCTION......Page 21
1. A CAMBRIDGE ECONOMIST BUT AN AUSTRALIAN PATRIOT......Page 26
2. NOTES ON THE SURPLUS APPROACH IN POLITICAL ECONOMY......Page 35
3. THE SAVINGS DEBATE IN AUSTRALIA AND THE MEANING OF CAPITAL......Page 46
4. KEYNESIAN MACROECONOMICS AND THE CAPITAL DEBATES......Page 59
5. RESWITCHING, SOCIAL DISCOUNT RATE AND ENVIRONMENTALISM......Page 70
6. THE PRODUCTIVITY OF WORKING AND WAITING: Static and  Dynamic Aspects of the Capital Controversy......Page 77
7. FIXED CAPITAL AS A PROBLEM IN JOINT PRODUCTION: Some Historical Considerations......Page 89
8. BOHM-BAWERK’S LETTERS TO J.B.CLARK: A pre-Cambridge controversy in the theory of capital......Page 100
9. THE FATE OF THE CAMBRIDGE CAPITAL CONTROVERSY......Page 113
10. KEYNES’S MACRO THEORY OF PROFITS......Page 127
11. PROFIT AND RENT IN A MODEL OF CAPITAL ACCUMULATION AND STRUCTURAL DYNAMICS......Page 136
12. UNEVEN DEVELOPMENT AND THE RATE OF PROFIT......Page 147
13. THE RATE-OF-RETURN DEBATE......Page 162
14. THE SOCIAL ‘BURDEN’ OF HIGH INTEREST RATES......Page 174
15. MARX, KEYNES AND SRAFFA: Conflicting Attitudes Towards Political Economy......Page 182
16. ISOLATING SOURCES OF STERILITY IN MARX’S THEORETICAL PARADIGMS......Page 198
17. MR KEYNES AND THE ANTI-NEOCLASSICS......Page 208
18. KEYNES’S USE OF THE TERM ‘INVOLUNTARY UNEMPLOYMENT’: A Historical Perspective......Page 220
19. THE GENERAL THEORY OF EMPLOYMENT, INTEREST AND MONEY AND PRICES......Page 233
20. KEYNES AND FINANCIAL MARKET PROCESSES IN HISTORICAL CONTEXT......Page 242
21. DID KEYNES REVERSE THE MARSHALLIAN SPEEDS OF ADJUSTMENT?: Using Harcourt’s method to resolve theoretical controversies and gain insight into the real world......Page 254
22. J.M.KEYNES ON THE WORKING CLASS......Page 268
23. KEYNES AND CHURCHILL......Page 276
24. COHERENCE IN POST-KEYNESIAN ECONOMICS......Page 287
25. NOTES ON THE HISTORY OF POST-KEYNESIAN ECONOMICS IN AUSTRALIA......Page 299
26. ROBERTSON AND THE POST-KEYNESIAN APPROACH TO GROWTH AND CYCLES......Page 310
27. POLITICAL ECONOMY, HOUSEHOLD ECONOMY AND THE PRICE OF LAND: Towards a decolonization of ‘social science imperialism’......Page 324
28. THE NOBEL PRIZE IN ECONOMICS......Page 335
29. THE SPLIT LEGACY OF WILFRED SALTER, AUSTRALIAN ECONOMIST EXTRAORDINARY......Page 346
30. J.NEVILLE KEYNES: A dedicated Victorian don......Page 357
31. SMITHIAN FOUNDATIONS OF THE MARKET ECONOMY......Page 366
32. HISTORY VERSUS EQUILIBRIUM......Page 375
33. SHORT-PERIOD ECONOMICS IN RETROSPECT......Page 385
34. THE LIMITATIONS OF THE ECONOMIC POINT OF VIEW......Page 395
35. THOUGHTS INSPIRED BY READING AN ATYPICAL PAPER BY HARCOURT......Page 403
36. IN THE BEGINNING ALL THE WORLD WAS AUSTRALIA…......Page 409
37. HARCOURT AS A HISTORIAN OF ECONOMIC THOUGHT......Page 426
38. ECONOMICS AND SOCIAL CONSCIENCE: The Harcourt case......Page 436
39. ECONOMICS AND RELIGION......Page 445
Geoff Harcourt: A Bibliography......Page 452
INDEX......Page 460