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Zusatztext 'Classics are classics for a reason. Classics show us that when we flatter ourselves into thinking we have clear title to the ideas we advance, they are really just borrowed from a more eloquent past. Robinson's The Accumulation of Capital shows how difficult it is in economics today to say something that is both new and profound. Her blend of theory and realism is what we all strive for in parsing modern economic problems. Her criticisms of the orthodoxy were enormously productive in that economic methodologies have blossomed to account for inadequacies she pointed out in the equilibrium approach. To Robinson and The Accumulation of Capital we are all deeply indebted, whether we realize it or not.' Bill Gibson, John Converse Professor of Economics, University of Vermont, USA 'Joan Robinson's most difficult and ambitious book still constitutes a formidable challenge to contemporary theory. Her search for the fundamental but simple principles which underlie the process of growth in a classical Marxian-Kaleckian-Keynesian setting contrasts sharply with the logic and the language of current growth models. Her extraordinary command of logic allowed her to dispense with mathematics, with no loss of clarity and insights. The new Introduction by two leading Robinson scholars provides the thread leading through the labyrinth of case studies and changes in assumptions. It will certainly attract fresh readers to her book, and also lure back those already acquainted with it.' Maria Cristina Marcuzzo, Professor of Economics, Sapienza, University of Rome, Italy Informationen zum Autor Joan Violet Robinson (1903 –1983) was an inspirational post-Keynesian economist who was well known for her work on monetary economics, imperfect competition and for fundamental contributions to many other areas of economics. Initially a supporter of the neoclassical school of economics, she became one its fiercest opponents after becoming acquainted with John Maynard Keynes. Joan Robinson was appointed lecturer in economics at the University of Cambridge, UK, in 1937, elected fellow of Newnham College in 1962 and assumed the position of full professor and fellow of Girton College in 1979. She was the first female fellow of Kings College. Joan Robinson's magnus opus The Accumulation of Capital was first published in 1956 and sought to extend Keynes's theory to the long-run issues of growth and capital accumulation. Klappentext In this classic work Joan Robinson goes back to the beginning and works out the basic theory that is needed for a coherent treatment of the problems that present themselves in a developing economy. This new edition features a new introduction, which discusses the great significance of Robinson's work. Zusammenfassung In this classic work Joan Robinson goes back to the beginning and works out the basic theory that is needed for a coherent treatment of the problems that present themselves in a developing economy. This new edition features a new introduction! which discusses the great significance of Robinson's work. Inhaltsverzeichnis Foreword Introduction PART I: INTRODUCTION 1. The Classes of Income 2. The Classes of Wealth 3. The Meaning of Money 4. Capital and Income 5. Consumption and Investment 6. The Meaning of Equilibrium PART II: ACCUMULATION IN THE LONG RUN 7. ASimple Model 8. Section I - Accumulation with One Technique 9. Accumulation with Constant Technique 10. Technical Progress 11. Section II - The Technical Frontier 12. The Spectrum of Techniques 13. The Evaluation of Capital 14. The Technical Frontier in a Golden Age 15. Productivity and the Real Capital Ratio 16. Accumulation without Inventions 17. A Surplus of Labour 18. Section III - Accumulation and Technical Progress 19. Accumulation with Neutral Technical Progress 20. Accumulation with Biased Progress 21. Synopsis of the Theory of Accumulation in the ...
