Spectral Theory of Value and Actual Economies

Spectral Theory of Value and Actual Economies
Author :
Publisher : Springer Nature
Total Pages : 512
Release :
ISBN-10 : 9789813362604
ISBN-13 : 981336260X
Rating : 4/5 (60X Downloads)

Book Synopsis Spectral Theory of Value and Actual Economies by : Theodore Mariolis

Download or read book Spectral Theory of Value and Actual Economies written by Theodore Mariolis and published by Springer Nature. This book was released on 2021-05-29 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops a unified treatment of the income distribution–capital–value problems with respect to actual economies, and then gradually turns to the issues of effective demand and capitalist accumulation fluctuations from both political economy and economic policy perspectives. That treatment, on the one hand, places produced means of production, positive profits, and capital accumulation at the centre of the analysis and, on the other hand, is analytically based on the modern control theory. Hence, the authors’ investigation is concerned with input–output representations of actual single and joint production, heterogeneous labour, and open economies; zeroes in on the characteristic value distributions of the system matrices; and, finally, derives meaningful theoretical results consistent with the empirical evidence, and vice versa. The main topics addressed are the uncontrollable/unobservable aspects of the real-world economies, the powerful low-order spectral approximations and reconstructions of the inter-industry structure of production–value–distributive variables relationships, the critical-constructive appraisal of both “mainstream” and “radical” theories of value, the matrix demand multipliers and demand-switching policies in heterogeneous capital worlds, and the circular inter-actions amongst income distribution, effective demand, accumulation, and technical conditions of production. Written on the occasion of the 60th anniversary of the publication of both Piero Sraffa’s Production of Commodities by Means of Commodities and Rudolf E. Kalman’s paper “On the general theory of control systems”, this book provides a consistent and comprehensive framework for theoretical, empirical, and economic policy research.


Spectral Theory of Value and Actual Economies Related Books

Spectral Theory of Value and Actual Economies
Language: en
Pages: 512
Authors: Theodore Mariolis
Categories: Business & Economics
Type: BOOK - Published: 2021-05-29 - Publisher: Springer Nature

GET EBOOK

This book develops a unified treatment of the income distribution–capital–value problems with respect to actual economies, and then gradually turns to the i
Spectral Theory of Value and Actual Economies
Language: en
Pages: 0
Authors: Theodore Mariolis
Categories:
Type: BOOK - Published: 2021 - Publisher:

GET EBOOK

This book develops a unified treatment of the income distribution-capital-value problems with respect to actual economies, and then gradually turns to the issue
Modern Classical Economics and Reality
Language: en
Pages: 253
Authors: Theodore Mariolis
Categories: Political Science
Type: BOOK - Published: 2016-01-13 - Publisher: Springer

GET EBOOK

This book presents an in-depth, novel, and mathematically rigorous treatment of the modern classical theory of value based on the spectral analysis of the price
Classical Political Economics and Modern Capitalism
Language: en
Pages: 465
Authors: Lefteris Tsoulfidis
Categories: Political Science
Type: BOOK - Published: 2019-09-05 - Publisher: Springer Nature

GET EBOOK

This book promotes an in-depth understanding of the key mechanisms that govern the functioning of capitalist economies, pursuing a Classical Political Economics
Capital Theory and Political Economy
Language: en
Pages: 239
Authors: Lefteris Tsoulfidis
Categories: Business & Economics
Type: BOOK - Published: 2021-05-31 - Publisher: Routledge

GET EBOOK

In recent years, there have been a number of new developments in what came to be known as the "Capital Theory Debates". The debates took place mainly during the