Markets, Money and Capital
Hicksian Economics for the Twenty First Century
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Markets, Money and Capital by Roberto Scazzieri
Book DescriptionSir John Hicks (1904-89) was a leading economic theorist of the twentieth century, and along with Kenneth Arrow was awarded the Nobel Prize in 1972. His work addressed central topics in economic theory, such as value, money, capital and growth. An important unifying theme was the attention for economic rationality 'in time' and his acknowledgement that apparent rigidities and frictions might exert a positive role as a buffer against excessive fluctuations in output, prices and employment. This emphasis on the virtue of imperfection significantly distances Hicksian economics from both the Keynesian and Monetarist approaches. Containing contributions from distinguished theorists in their own right (including three Nobel Prize winners), this volume examines Hicks's intellectual heritage and discusses how his ideas suggest a distinct approach to economic theory and policy making. It will be of great interest to scholars and students of economic theory and the history of economic thought.
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Book DetailsISBN: 9780521873215
(228mm x 152mm x 30mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 8-Jan-2009
Country of Publication: United Kingdom
Books By Author Roberto Scazzieri
Resources, Production and Structural Dynamics, Hardback (April 2015)
New approach to the economic theory of resources, showing the positive role that scarcities can play in triggering economic growth.
Economic Theory of Structure and Change, Paperback (July 2012)
This wide-ranging 1991 inquiry into the general field of structural economic analysis provides a thorough appraisal of the method of economic dynamics.
Markets, Money and Capital, Paperback (March 2011)
This book examines John Hicks's intellectual heritage and discusses how his ideas suggest a distinct approach to economic theory and policy making.
Fundamental Uncertainty, Hardback (December 2010)» View all books by Roberto Scazzieri
This volume addresses the subject of uncertainty from the point of view of an extended conception of rationality. In particular, the contributions explore the premises and implications of plausible reasoning when probabilities are non-measurable or unknown, and when the space of possible events is only partially identified.
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Author Biography - Roberto Scazzieri
Roberto Scazzieri is Professor of Economics at the University of Bologna, a Senior Member of Gonville and Caius College and Life Member of Clare Hall, Cambridge. Amartya Sen is a Nobel laureate and Professor of Economics and Philosophy at Harvard University. Stefano Zamagni is Professor of Economics at the University of Bologna, and Adjunct Professor of International Economics at Johns Hopkins University.
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