Institutions, Behaviour and Economic Theory
A Contribution to Classical-Keynesian Political Economy
By (author) Heinrich Bortis
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Institutions, Behaviour and Economic Theory by Heinrich Bortis
Book DescriptionThis book is about the conceptual foundations of an intermediate way between liberalism and socialism: a synthesis of classical (Ricardian) and Keynesian political economy. Classical theory deals with proportions between individuals or collectives and society in tackling problems of distribution and value. Keynesian theory is concerned with the scale of economic activity as explained by effective demand. The economy considered is primarily a monetary production economy, not a market or a planned economy. The author sets up a system linking political economy with other social sciences, i.e. sociology, law and politics in the traditional sense, thus establishing the unity of the social sciences. To complete the picture, issues of method associated with the theory of knowledge in the social sciences and the problem of linking theory with historical reality are also covered.
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Book DetailsISBN: 9780521570558
(228mm x 152mm x 30mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 13-Nov-1996
Country of Publication: United Kingdom
Books By Author Heinrich Bortis
Institutions, Behaviour and Economic Theory, Paperback (November 2006)» View all books by Heinrich Bortis
Synthesis of classical and Keynesian economics as an alternative to socialism and capitalism.
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