Some Cambridge Controversies in the Theory of Capital: Fiftieth Anniversary Edition

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G. C. Harcourt (University of New South Wales, Sydney) Avi J. Cohen (York University, Toronto)

Some Cambridge Controversies in the Theory of Capital

Fiftieth Anniversary Edition

G. C. Harcourt (University of New South Wales, Sydney), Avi J. Cohen (York University, Toronto), Tiago Mata (University College London)

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English

Cambridge University Press
02 June 2022

Economic theory & philosophy; Economic growth; Development economics

The Cambridge Capital Controversy was one of the most significant debates in Twentieth Century economics. First published in 1972, this book provides an accessible reconstruction of the controversy with detailed discussion of the major points raised by its primary protagonists: Piero Sraffa and Joan Robinson on the post-Keynesian side (Cambridge, UK) and Robert Solow and Paul Samuelson on the neo-classical side (Cambridge, MA). The book is now considered to be a classic. This fiftieth anniversary edition comes with a new preface by the author and two new afterwords that reflect on the author's contribution to the field and the significance of the book in the history of economics. Topics covered include the measurement of capital, the revival of interest in Irving Fisher's rate of return on investment, the double-switching debate, Sraffa's prelude to a critique of neoclassical theory, and the 'new' theories of the rate of profits in capitalist society.

By: G. C. Harcourt (University of New South Wales Sydney)
Contributions by: Avi J. Cohen (York University Toronto), Tiago Mata (University College London)
Imprint: Cambridge University Press
Country of Publication: United Kingdom
Edition: 2nd Revised edition
Dimensions: Height: 235mm, Width: 157mm, Spine: 25mm
Weight: 644g
ISBN: 9781009158152
ISBN 10: 1009158155
Pages: 350
Publication Date: 02 June 2022
Audience: General/trade , ELT Advanced
Format: Hardback
Publisher's Status: Active

Introduction; 1. Search for a will-o'-the-wisp: capital as a unit independent of distribution and prices; 2. Treacle, fossils and technical progress; 3. Solow on the rate of return: tease and counter-tease Preliminaries to the main bout; 4. A child's guide to the double-switching debate; 5. The rate of profits in capitalist society: whose finest hour? Introduction to the Afterwords; Afterword 1: Some notes on the life of a book Tiago Mata; Afterword 2: Who is (your) Geoff Harcourt? Avi Cohen.