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Japan's Great Stagnation and Abenomics
As the global Great Recession continues, policymakers, economists, and the public are turning to Japenses economic revitalization for answers. Paul Krugman, Nobel laureate in Economics, once said that Japan was a "full-dress rehearsal for the current crisis." Japan has experienced and valiantly overcome the burst of their Bubble economy, financial crisis, lukewarm recovery, and more than a decade-long deflation and stagnation to become one of the most stable economies today. Japan's Great Stagnation and Abenomics reveals the striking similarities of economic events and policies between the Great Stagnation and the current Great Recession. It also suggests possible dangers ahead and way-outs in the future. This exciting new volume is based on Wakatabe's expertise in economic history and the history of economic ideas and argues that any policy decision is related to cultural ideology. An investigation into the relationship between cultural ideology and policy helps us better understand the policy-making process.
Including a Symposium on New Directions in Sraffa Scholarship
Volume 35B of Research in the History of Economic Thought and Methodology features a symposium on the economics of Piero Sraffa, guest edited by Scott Carter and Riccardo Bellofiore. It also features general research contributions from Masazumi Wakatabe, and co-authors Eugene Callahan and Andreas Hoffman.
The Development of Economics in Japan
This book covers the development of economics in Japan from the inter-war period to the 2000s focusing on the international theoretical contributions of Japanese economists. The first focal point is the international contributions of Japanese economists before and after World War II. The second focal point is the controversies concerning macroeconomic policies in Japan in the period of the ‘Great Depressions’ in the 1930s and the period of Japanese ‘Great Stagnation’ in the 1990s and the early 2000s. In short, economics in Japan is considered from both a theoretical and a policy-oriented point of view. The intimate relationship between economic theory, thought and policy is also fully examined, as well as the development of both academic and non-academic (practical) Japanese economics and the influence of Marx, Walras, Keynes, Fisher and Cassell.
Some Cambridge Controversies in the Theory of Capital
The fiftieth anniversary edition of one of the classic texts to have emerged from the Cambridge Capital Controversy.
Reflections on the Classical Canon in Economics
In this discipline-defining volume, some of the leading international scholars in the history of economic thought re-examine the concepts of 'classical economics' and the 'canon', illuminating the roots and evolution of the contemporary discipline.
The Economics of Thomas Robert Malthus
Hollander investigates the relation of Malthusian economics to that of the other great classicists - particularly Smith, Ricardo, J.B. Say, and the French physiocrats. He redefines our common perception of Malthus's method and character.
Understanding a Changing World
The world is becoming more complex, fraught with increasing possibilities for conflict over national rivalries, economic competition, and cultural and ideological fault lines. This clear-eyed text offers a structured and theoretically grounded way to think about the forces that animate change and the alternative futures they may create. Donald Kelley views both contemporary reality and the future we face through the perspective of four different paradigms that shape our way of thinking about the world: The nation-state paradigm, built on the assumption that the traditional Westphalian nation-state remains the key building block of the present and the future, which leads us to predict the fut...
American Power and Policy
Uses archival evidence to provide unique insights into US economics, focusing on the origins of the IMF, building a multilateral strategy for the US, the Great Inflation of the 1970s, and on Marriner S. Eccles, Lauchlin Currie, Allyn Young, John H. Williams and Arthur I. Bloomfield.
Ricardo - The New View
Samuel Hollander's interpretation of Ricardo has attracted apoplectic responses from both Right and Left. This volume collects together the material needed to evaluate these responses. His basic position - that Ricardo stands in a continuous analytical line leading from Adam Smith to Alfred Marshall - is seen to antagonise both those who argue for a 'marginal revolution' and a sharp divide between classical and neo-classical economics, and those who want to champion Ricardo as a forerunner of Sraffa.
Essays on Classical and Marxian Political Economy
Samuel Hollander' s work has been provoking discussion and debate for over four decades. This book brings together some of his key work from recent years, in addition to some brand new pieces. The essays are brought together by an introductory chapter, in which Hollander offers new perspectives and reflections on his past work. This collection is particularly notable in bringing to the fore work that is of particular relevance to contemporary problems and debates. In particular, Hollander puts forward his interpretation of Adam Smith' s ...
