The macrodynamics of capitalism : elements for a synthesis of Marx, Keynes and Schumpeter /

Flaschel, Peter, 1943-

The macrodynamics of capitalism : elements for a synthesis of Marx, Keynes and Schumpeter / Peter Flaschel. - 2nd rev. and enlarged ed. - xiv, 399 p. : ill. ; 25 cm.

First ed. published 1993 under title: Macrodynamics : income distribution, effective demand, and cyclical growth.

Includes bibliographical references (p. 391-399).

Goodwin Growth Cycles in a Keynes Trade Cycle Framework and Beyond -- Temporary Equilibrium, Distribution-Driven Demand Cycles, and Unbalanced Growth -- Keynes, the "Classics," and the "New Classics": A Simple Presentation of Basic Differences -- After Keynes: Real Growth and (In-)Stability -- Distributive Stability by the Reserve Army Mechanism: Marx's Contribution -- Inflation, Stagflation, and Disinflation: Friedman - or Marx? -- Conventional AD-AS Analysis: A Reconsideration -- Keynesian Monetary Growth Under Adaptive Expectations -- A Classical Revolution in Keynesian Macrodynamics? -- Matured Keynesian AD-AS Analysis and Beyond -- Keynesian AD-AS, Quo Vadis? -- Keynesian DAD-DAS Modeling: Baseline Structure and Estimation -- Modeling Our Future: Flexicurity Capitalism -- Mathematical Appendix: Some Useful Theorems. 1. Part I. 2. 3. 4. 5. Part II. 6. 7. Part III. 8. 9. 10.

9783540879312 (hbk.) 3540879315 (hbk.)


Distribution (Economic theory)
Equilibrium (Economics)
Capitalism--Social aspects
Social structure--Economic aspects

HB145 / .F557 2009

339.2

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