Post-Keynesian Essays from Down Under Volume IV: Essays on Theory: Theory and Policy in an Historical Context

Front Matter ....Pages i-xiv
 Introduction  (Joseph Halevi)....Pages 1-11
Front Matter ....Pages 13-13
 The Crisis in Mainstream Economics  (G. C. Harcourt)....Pages 15-22
 On the Concepts of Period and Run in Economic Theory  (G. C. Harcourt)....Pages 23-32
 Partial Equilibrium Analysis  (Peter Kriesler)....Pages 33-37
 Exchange Value  (Peter Kriesler)....Pages 38-40
 Expectations and Unemployment  (J. W. Nevile, Peter Kriesler)....Pages 41-52
 Aggregate Demand and Supply Analysis: A Story in the Wrong Language  (J. W. Nevile)....Pages 53-67
 The Use and Abuse of Aggregate Demand and Supply Functions  (J. W. Nevile, B. Bhaskara Rao)....Pages 68-86
 Has the Long-Run Phillips Curve Turned Horizontal?  (Craig Freedman, G. C. Harcourt, Peter Kriesler)....Pages 87-105
 Some Notes on Classical Political Economy and the Rise to Dominance of Supply and Demand Theories  (Joseph Halevi)....Pages 106-114
 Accumulation, Breakdown Crises, Disproportionality, and Effective Demand  (Joseph Halevi)....Pages 115-125
 Structure and Growth  (Joseph Halevi)....Pages 126-146
 Capital and Growth: Its Relevance as a Critique of Neo-Classical and Classical Economic Theories  (Joseph Halevi)....Pages 147-164
 Marx or Hicks? Structural Proportions and Crisis: The Transition from the First to the Third Volume of Capital  (Joseph Halevi, Peter Kriesler)....Pages 165-174
 Employment and Planning  (Joseph Halevi)....Pages 175-185
 The Composition of Investment under Conditions of Non Uniform Changes  (Joseph Halevi)....Pages 186-201
 Structural Analysis of Development and Underdevelopment  (Joseph Halevi)....Pages 202-230
 Lowe, Dobb and Hicks  (Joseph Halevi)....Pages 231-243
 Harcourt, Hicks and Lowe: Incompatible Bedfellows?  (Peter Kriesler)....Pages 244-260
 The Traverse, Equilibrium Analysis, and Post-Keynesian Economics  (Joseph Halevi, Neil Hart, Peter Kriesler)....Pages 261-286
Front Matter ....Pages 287-287
 The Structure of Post-Keynesian Economics: The Core Contributions of the Pioneers  (G. C. Harcourt)....Pages 289-301
 Luigi Pasinetti: The Senior Living Heir of the Cambridge School of Economics and the Last of the Great System-Builders  (G. C. Harcourt)....Pages 302-309
 Luigi Pasinetti and the Political Economy of Growth and Distribution  (Joseph Halevi)....Pages 310-326
 The Significance of the Theory of Vertically Integrated Processes for the Problem of Economic Development  (Joseph Halevi)....Pages 327-336
 Ronald Meek’s “Magnificent” Review Article of Piero Sraffa’s 1960 Classic: Top Hit in Decade 1954–63  (G. C. Harcourt)....Pages 337-339
 The Importance of HUMBUG in The Cambridge-Cambridge Controversies in Capital Theory  (G. C. Harcourt)....Pages 340-346
 Switching and Employment  (Joseph Halevi)....Pages 347-354
 Multiplier Theory with Tax Rates as Policy Instruments  (J. W. Nevile)....Pages 355-372
 Capacity Utilization, Inflation, and Monetary Policy: The Duménil and Lévy Macro Model and the New Keynesian Consensus  (Marc Lavoie, Peter Kriesler)....Pages 373-387
 The New Consensus on Monetary Policy and Its Post-Keynesian Critique  (Peter Kriesler, Marc Lavoie)....Pages 388-407
 The Rate of Interest  (J. W. Nevile)....Pages 408-415
 Comment on Professor Lerner’s Paper: A Marxist View  (Joseph Halevi)....Pages 416-425
 Observations on Kaldorian and Post-Keynesian Approaches to Inflation  (Joseph Halevi)....Pages 426-434
 Theorizing about Post-Keynesian Economics in Australasia: Aggregate Demand, Economic Growth and Income Distribution Policy  (Paul Dalziel, J. W. Nevile)....Pages 435-460
 Marxism and Post-Keynesian Economics  (Joseph Halevi)....Pages 461-475
 Effective Demand, Capacity Utilisation and the Sectoral Distribution of Investment  (Joseph Halevi)....Pages 476-491
 Capitalism and Post-Keynesian Economics: Some Critical Observations  (Joseph Halevi)....Pages 492-510
Back Matter ....Pages 511-525