Normal Prices, Technical Change and Accumulation (Studies in International Political Economy) - Hardcover
Synopsis
In 20 new and previously published essays Schefold (economics, Goethe U., Franfurt am Main) confronts a number of controversies that have arisen with the revival of classical economic theory since the 1960s. Concerned more with explaining than criticizing classical economics, he discusses Sraffa's theory; general properties of single and joint production systems; the dominant technique, fixed capital and technical progress; the composition of output; and relations between classic, neoclassical, and Keynesian theories. Annotation c. by Book News, Inc., Portland, Or.
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About the Author
BERTRAM SCHEFOLD is Professor of Economics at the Johan Wolfgang Goethe University in Frankfurt am Main. He has held numerous visiting appointments. His publications include books and articles in German, English, French and Italian, primarily on economic theory, economics of energy and of the environment, and on the history of economic thought.
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