Capital Theory, the Surplus Approach, and Effective Demand: An Alternative Framework for the Analysis of Value, Distribution and Output Levels (Hardcover, 2024)

PART I: THE PH.D. DISSERTATION: A Problem in the Theory of Distribution from Ricardo to Wicksell.- PART II: CRITIQUE OF MARGINAL PRODUCTIVITY THEORIES: Heterogeneous Capital, the Production Function and the Theory of Distribution.- Switching of Technique.- On a Change in the Notion of Equilibrium in Recent Work on Value and Distribution: a Comment on Samuelson.- Savings, Investment and Capital in General Intertemporal Equilibrium.- PART III: THE CLASSICAL APPROACH - VALUE AND DISTRIBUTION: The Classical Theory of Wages and the Role of Demand Schedules in the Determination of Relative Prices.- Value and Distribution in the Classical Economists and Marx.- Misunderstanding Classical Economics? A reply to Mark Blaug.- On Some Supposed Obstacles to the Tendency of Market Prices.- Towards Natural Prices.- PART IV: THE CLASSICAL APPROACH - AGGREGATE DEMAND: Notes on Consumption, Investment and Effective Demand I.- Notes on Consumption, Investment and Effective Demand II.- Two Routes to Effective Demand.- Some Notes for an Analysis of Accumulation.- Accumulation of Capital (with A. Palumbo).- PART V: CLASSICAL AND MARGINALIST AUTHORS IN THE HISTORY OF ECONOMIC ANALYSIS: Sraffa’s Price Equations: Stationary Economy or Normal Positions.- On a Turning Point in Sraffa’s Theoretical and Interpretative Position in the Late 1920s.- On Sraffa’s contribution to economic theory.