Production, Distribution and Trade: Alternative Perspectives

Adriano Birolo · Duncan Foley · Heinz D. Kurz · Bertram Schefold · Ian Steedman

Jun 2010 · Routledge

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This collection brings together significant new contributions to the Sraffa--based theories of production and distribution, from post-Keynesian arguments concerning monetary and macro economics to the history of thought and methodology. All of the authors are well established authorities in their field, and in this book they add stimulating and original pieces of analysis to the contemporary literature.

Production, Distribution and Trade is divided into three parts. The first explores analytical issues in production and exchange theory, the second examines Postkeynesian Macroeconomics and the final part includes essays on the history of economic thought and methodology. This collection has been written in honour of Sergio Parrinello and is a fitting tribute to his untiring efforts to stimulate discussion among Classicists, Marxists, Postkeynesians, and Evolutionists.

The book is a clear and convincing attempt to prove that an alternative paradigm to mainstream economics is alive and thriving and to argue that these perspectives shed better light on current economic problems, both as diagnosis and in terms of policy conclusions. The book will be of interest to Economics postgraduate students and researchers working in the Classical and Postkeynesian tradition.

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Adriano Birolo is Associate professor at the University of Padua, Italy

Duncan K. Foley is Leo Model Professor of Economics at the New School for Social Research, USA.

Heinz D. Kurz is Full Professor of Economics at the University of Graz, Austria, and Director of the Graz Schumpeter Centre.

Bertram Schefold is Professor of Economic Theory at the Goethe-University Frankfurt, Germany.

Ian Steedman is Emeritus Research Professor at Manchester Metropolitan, UK.