Sraffa and the Reconstruction of Economic Theory: Volume Two Aggregate Demand, Policy Analysis and Growth

Cover......Page 2
Contents......Page 7
List of Tables and Figures......Page 9
Preface......Page 11
Acknowledgements......Page 13
List of Contributors......Page 14
Introduction......Page 15
Part I: Demand-Led Growth in the Classical Approach......Page 27
1 Public Debt and Aggregate Demand: Some Unconventional Analytics......Page 29
2 The Inevitable Dependence of Investment on Expected Demand: Implications for Neoclassical Macroeconomics......Page 58
3 The Meaning of Output Trends in the Analysis of Growth......Page 82
4 Potential Output and Demand-Led Growth......Page 106
5 A Historical Approach to Demand-Led Growth Theory......Page 134
6 Normal Paths of Growth Shaped by the Supermultiplier......Page 153
7 The Pattern of Economic Growth of the Brazilian Economy 1970–2005: A Demand-Led Growth Perspective......Page 172
Part II: Understanding the International Economic Order......Page 207
8 Continuity and Change in the International Economic Order: Towards a Sraffian Interpretation of the Changing Trend of Commodity Prices in the 2000s......Page 209
9 The Political Economy of the Rise and Decline of Developmental States......Page 237
10 Harmonic and Conflict Views in International Economic Relations: a Sraffian View......Page 256
11 Lessons from the Crisis: the Macroeconomics of Leverage......Page 279
Index......Page 287