Capitalism: Competition, Conflict, Crises

Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act...
€177,01 EUR
€177,01 EUR
SKU: 9780199390632
Product Type: Books
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Author: Anwar Shaikh
Format: Hardcover
Language: English
Subtotal: €177,01
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Capitalism: Competition, Conflict, Crises by Shaikh, Anwar

Capitalism: Competition, Conflict, Crises

€177,01

Capitalism: Competition, Conflict, Crises

€177,01
Author: Anwar Shaikh
Format: Hardcover
Language: English
Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself. In Capitalism, Shaikh's approach demonstrates that most of the central propositions of economic analysis can be derived without any reference to standard devices such as hyperrationality, optimization, perfect competition, perfect information, representative agents, or so-called rational expectations. In every case, Shaikh's innovative theory is applied to modern empirical patterns and contrasted with neoclassical, Keynesian, and Post-Keynesian approaches to the same issues. Shaikh's object of analysis is the economics of capitalism, and he explores the subject in this expansive light. This is how the classical economists, as well as Keynes and Kalecki, approached the issue.
Anyone interested in capitalism and economics in general can gain a wealth of knowledge from this ground-breaking text.


Author: Anwar Shaikh
Publisher: Oxford University Press, USA
Published: 02/12/2016
Pages: 1024
Binding Type: Hardcover
Weight: 3.50lbs
Size: 9.30h x 6.30w x 2.10d
ISBN: 9780199390632


Review Citation(s):
Choice 09/01/2016

About the Author

Anwar Shaikh is Professor of Economics at the Graduate Faculty of Political and Social Science of the New School University and Associate Editor of the Cambridge Journal of Economics. From 2000-2005, he was Senior Scholar and member of the Macro Modeling Team at the Levy Economics Institute of Bard College.

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