1.

Record Nr.

UNINA9910455919103321

Autore

Verdon Michel

Titolo

Keynes and the "Classics" [[electronic resource] ] : a study in language, epistemology, and mistaken identities / / Michel Verdon

Pubbl/distr/stampa

London ; ; New York, : Routledge, 1996

ISBN

1-134-76962-8

1-280-33490-8

0-203-00545-7

Descrizione fisica

1 online resource (246 p.)

Collana

Routledge studies in the history of economics, , 1349-7906 ; ; 7

Disciplina

330.15/6

Soggetti

Keynesian economics

Marxian economics

Neoclassical school of economics

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. 220-225) and index.

Nota di contenuto

Front Cover; Keynes and The 'Classics'; Copyright Page; Contents; Acknowledgements; Introduction; 1 A Background to the Neoclassical Cosmology; The 'opposition' from the point of view of the marginalist 'revolutionaries'; The marginalist revolution; 2 Probing the Neoclassical Cosmology; In search of the neoclassical minimal unit; Equilibrium, exchange and perfection; The cosmological implications of perfection; 3 Strange Cosmological Bedfellows; Marshall and OCT: inverted symmetries; What's in a name?; The two Marshalls; Misunderstanding 'forces': an economics of 'resistances'

4 From Cosmology to LanguageThe conceptual costs of neoclassical economics' cosmologies; Irrealism or delusion?; 5 Keynes's Economics: What Kind of Revolution?; Isolating the minimal unit; Keynes's economics: a Galilean revolution; 6 Keynes and Speculation: Aristotle Revisited; Keynes and the rate of interest; Keynes and user costs; 7 More Substance and Transactions; Keynes and effective demand; Keynes and investment; 8 From a Galilean Cosmology to a Galilean Economics; From cosmology to language; Economic actions and their symmetrically inverse counterparts; From language to theory



ConclusionAppendix 1 Mirowski on science and economics; Appendix 2 Marx's economics: successes and failures; Notes; Bibliography; Index

Sommario/riassunto

Is there a language which is adequate to describe our own economy? In this volume, Michel Verdon undertakes a path-breaking analysis of the three major paradigms in economics: Marxian economics, neo-classical economics and Keynesian economics. Each of these, he argues, has an inherent cosmology, and in the case of both Marxian and neo-classical economics these preclude the development of a language which can accurately describe and analyse an economy.