Fighting Market Failure

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A01=Maria Cristina Marcuzzo
Aggregate Supply Curve
Author_Maria Cristina Marcuzzo
Average Cost Curve
Average Prime Cost
Cambridge economists
Cambridge Tradition
Cambridge tradition intellectual collaboration
Category=KCA
Category=KCB
Category=KCP
Category=KCZ
Category=NH
competition
Consumption Goods Sector
Corn Ratio Theory
curve
demand
Demand Curve
Economic Journal
economic methodology
eq_bestseller
eq_business-finance-law
eq_history
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
history of economic thought
imperfect
imperfect competition
joan
kahn
Kahn's Dissertation
Kahn’s Dissertation
Keynes
Keynesian theory
macroeconomic foundations
Marginal Cost
Marginal Revenue
Perfect Competition
piero
Piero Sraffa
Prime Cost Curve
Prime Costs
richard
robinson
Short Period Analysis
Short Period Supply Curve
sraffa
Sraffa's Criticism
Sraffa's Lectures
Sraffa's Papers
Sraffa’s Criticism
Sraffa’s Lectures
Sraffa’s Papers
Supply Curve
U-shaped Average Cost Curve
Younger Men

Product details

  • ISBN 9780415583107
  • Weight: 720g
  • Dimensions: 156 x 234mm
  • Publication Date: 21 Oct 2011
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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This collection brings together fifteen essays published between 1994 and 2008 which all look into the contribution of a remarkable group of economists known as the "Cambridge school" or the "Cambridge Keynesians". The people involved are better defined as a "group" rather than a "school", to denote not adhesion to a common body of doctrine but rather the idea of both cohesion and sharing. This collection focuses on Keynes, Kahn, J. Robinson and Sraffa, who all shared in the physical space and lifestyle of the University of Cambridge. The bond between them was intellectual partnership, a recognised common ground, dialogue and acceptance of criticism. Some of the essays in this collection address the content, as well as the method and "style", of the type of economics associated with the Cambridge tradition at the very core of which those economists stand.

The first section opens with a chapter presenting the group within the physical and metaphorical place which was Cambridge, and the remaining five chapters centre on the life and work of each economist. The second section has papers looking at them in pairs, as it were, and revolves around the theme of their collaboration in various intellectual achievements. In particular, the opening piece makes the rather bold point that the road to the General Theory was not a solitary path. In other two papers much is said of Sraffa’s intellectual isolation in Cambridge and the difficulty of communication with Joan Robinson. The chapters in the third section take up aspects of their theories and approaches which justify the importance and relevance of the Cambridge tradition in economics.

This book should be of interest to students and researchers within the history of economics and economic thought, particularly those focussing on the Cambridge or Keynesian traditions.

Maria Cristina Marcuzzo is Professor in Economics at the University of Rome, "La Sapienza", Italy. She is Past President of the European Society for the History of Economic Thought, member of the Executive Committee of the Italian Society of Economists, and of the History of Political Economy Society.

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