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- 324 pages
- 12 hours of reading
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Focusing on the interplay of growth and business cycles in capitalist economies, the book presents a unified macro-dynamic theory rooted in Marxian micro-foundations and historical insights. Developed by Nobuo Okishio, the theory integrates concepts from Keynes and Harrod, challenging the traditional separation of long-term growth analysis and business cycle discussions in mainstream economics. It highlights the evolving understanding of these economic phenomena, advocating for a more cohesive approach to their study.
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The Theory of Accumulation, Nobuo Okishio
- Language
- Released
- 2022
- product-detail.submit-box.info.binding
- (Hardcover)
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- Title
- The Theory of Accumulation
- Subtitle
- A Marxian Approach to the Dynamics of Capitalist Economy
- Language
- English
- Authors
- Nobuo Okishio
- Publisher
- Springer Nature Singapore
- Released
- 2022
- Format
- Hardcover
- Pages
- 324
- ISBN13
- 9789811679049
- Series
- Description
- Focusing on the interplay of growth and business cycles in capitalist economies, the book presents a unified macro-dynamic theory rooted in Marxian micro-foundations and historical insights. Developed by Nobuo Okishio, the theory integrates concepts from Keynes and Harrod, challenging the traditional separation of long-term growth analysis and business cycle discussions in mainstream economics. It highlights the evolving understanding of these economic phenomena, advocating for a more cohesive approach to their study.