Classical Economics Today

Essays in Honor of Alessandro Roncaglia

Edited by Marcella Corsi, Jan Kregel, Carlo D'Ippoliti

Publication date:

22 January 2018

Publisher

Anthem Press

Dimensions:

229x153mm
6x9"

ISBN-13: 9781783087501

Classical Economics Today: Essays in Honor of Alessandro Roncaglia is a collection of essays that pays tribute to Alessandro Roncaglia whose research is based on Schumpeter’s dictum that good economics must encompass history, economic theory and statistics, and therefore does not generally take the form of elegant formal models that are applicable to all and everything. In this direction, Roncaglia is inspired by the Classical economists of the past and becomes a model for present-day Classical economists. A perceptible family air imbues the essays: all the contributors are friends of Roncaglia and see his personality and his interests as a common point of reference.

List of Illustrations; Preface; Acknowledgments; Chapter One The Reconstruction of an Alternative EconomicThought: Some Premises, Salvatore Biasco; Chapter Two Reflections on Unity and Diversity, the Market and Economic Policy, Jan Kregel; Chapter Three Ending Laissez- Faire Finance, Mario Tonveronachi; Chapter Four Democracy in Crisis: So What’s New?, Michele Salvati; Chapter Five The Democracy of Ideas: J. S. Mill, Liberalism and the Economic Debate, Marcella Corsi and Carlo D’Ippoliti; Chapter Six Turgot and the Division of Labor, Peter Groenewegen; Chapter Seven Agricultural Surplus and the Means of Production, Gianni Vaggi; Chapter Eight The Role of Sraffa Prices in Post- Keynesian Pricing Theory, Geoffrey Harcourt; Chapter Nine Classical Underconsumption Theories Reassessed, Cosimo Perrotta; Chapter Ten On the “Photograph” Interpretation of Piero Sraffa’s Production Equations: A View from the Sraffa Archive, Heinz D. Kurz and Neri Salvadori; Chapter Eleven On the Earliest Formulations of Sraffa’s Equations, Nerio Naldi; Chapter Twelve Normal and Degenerate Solutions of the Walras- Morishima Model, Bertram Schefold; Chapter Thirteen Trading in the “Devil’s Metal”: Keynes’s Speculation and Investment in Tin (1921– 46) 167, Maria Cristina Marcuzzo and Annalisa Rosselli; Chapter Fourteen The Oil Question, the Prices of Production and a Metaphor, Sergio Parrinello; Chapter Fifteen Europe and Italy: Expansionary Austerity and Expansionary Precariousness, Davide Antonioli and Paolo Pini; Chapter Sixteen Adam Smith and the Neophysiocrats: War of Ideas in Spain (1800– 4), Alfonso Sánchez Hormigo; Bibliography; List of Contributors; Index.

“This is a very welcome volume of stimulating essays from renowned scholars in the Classical tradition. They provide a fitting tribute to the full range of the contributions made by Alessandro Roncaglia, including on Sraffa theory of prices, and on financial and oil markets.”
—Malcolm Sawyer, Emeritus Professor of Economics, University of Leeds, UK