Markets, Money and Capital: Hicksian Economics for the Twenty First Century

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ISBN
9780521873215
Kategorie

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Product Identifiers

Publisher
Cambridge University Press
ISBN-10
0521873215
ISBN-13
9780521873215
eBay Product ID (ePID)
66594536

Product Key Features

Number of Pages
466 Pages
Publication Name
Markets, Money and Capital : Hicksian Economics for the Twenty-First Century
Language
English
Subject
Economic History, Social Scientists & Psychologists, Economics / General, Economics / Theory
Publication Year
2009
Type
Textbook
Author
Roberto. Scazzieri, Stefano Zamagni
Subject Area
Biography & Autobiography, Business & Economics
Format
Hardcover

Dimensions

Item Height
1 in
Item Weight
30.8 Oz
Item Length
9.2 in
Item Width
6.3 in

Additional Product Features

Intended Audience
Scholarly & Professional
LCCN
2008-027703
Dewey Edition
22
Reviews
'For afficionados of Hicksian economics, this volume will be a treat. Elegantly presented, full of substantial and thoughtful essays by well-informed economists, it pays tribute to the work of John [J. R.] Hicks from his Theory of Wages (1933) to his writings on money and macroeconomics in the late 1980s. … it is full of fascinating ideas …' Storia del pensiero economico, Review of the hardback: 'John Hicks, one of the greatest economists of the twentieth century, had a highly varied set of interests and viewpoints. This collection of essays, written by former students and others close to the corpus of this thought, gives deep insight into the broad theoretical syntheses which have had so much influence, together with the special nuances of Hicks's approaches and interpretations of economic reality. The depth and thoroughness of the writers' approaches lift this volume far above the narrow interpretations of Hicks's work.' Kenneth J. Arrow, Nobel laureate and Emeritus Professor of Economics, Stanford University, 'John Hicks, one of the greatest economists of the twentieth century, had a highly varied set of interests and viewpoints. This collection of essays, written by former students and others close to the corpus of this thought, gives deep insight into the broad theoretical syntheses which have had so much influence, together with the special nuances of Hicks's approaches and interpretations of economic reality. The depth and thoroughness of the writers' approaches lift this volume far above the narrow interpretations of Hicks's work.' Kenneth J. Arrow, Nobel laureate and Emeritus Professor of Economics, Stanford University
Illustrated
Yes
Dewey Decimal
330.092
Table Of Content
Between theory and history: on the identity of Hicks's economics Roberto Scazzieri and Stefano Zamagni; Part I. The Intellectual Heritage of John Hicks: 1. Hicks on liberty Amartya Sen; 2. An economist even greater than his high reputation Paul A. Samuelson; 3. Hicks's 'conversion' - from J. R. to John Luigi L. Pasinetti and Ganpaolo Mariutti; 4. Dear John, dear Ursula (Cambridge and LSE, 1935): 88 letters unearthed Maria Cristina Marcuzzo and Eleonora Sanfilippo; 5. John Hicks and his publishers Andrew Schuller; 6. Hicks in reviews, 1932-89: from 'The Theory of Wages' to 'A Market Theory of Money' Warren Young; Part II. Markets: 7. John Hicks and the emptiness of general equilibrium theory Christopher J. Bliss; 8. Hicks vs. Marx? On the theory of economic history Pierluigi Ciocca; 9. Hicks's notion and use of fix-price and flex-price Marcello De Cecco; 10. On the Hicksian definition of income in applied economic analysis Paolo Onofri and Anna Stagni; Part III. Money: 11. Historical stylizations and monetary theory Alberto Quadrio Curzio and Roberto Scazzieri; 12. Hicks: money, prices and credit management Omar Hamouda; 13. Core, mantle and industry: a monetary perspective of Banks' capital standards Rainer Masera; 14. A suggestion for simplifying the theory of asset prices Carlo D'Adda and Riccardo Cesari; Part IV. Capital and dynamics: 15. 'Distribution and economic progress' after 70 years Robert M. Solow; 16. Flexible saving and economic growth Mauro Baranzini; 17. The economics of nonlinear cycles Piero Ferri; 18. Perspective on a Hicksian non-linear theory of the trade cycle Kumaraswamy Vela Velupillai; 19. Capital, growth and production disequilibria: on the employment consequences of new technologies Harald Hagemann; 20. Capital and time Erich Streissler; 21. Sequential analysis and out-of-equilibrium paths Mario Amendola and Jean-Luc Gaffard.
Synopsis
Sir John Hicks was one of the leading economic theorists of the twentieth century, jointly winning the Nobel Prize for his work in 1972. This volume addresses Hicks's intellectual heritage and discusses how his ideas suggest a distinct approach to economic theory and policy making., Sir 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.
LC Classification Number
HB103.H47M37 2008

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