Analytical Political Economy
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From the Back Cover
The term Analytical Political Economy denotes formal, rigorous approaches--both theoretical and empirical--to economics that lie beyond the boundaries of conventional, mainstream analysis based on Walrasian general equilibrium. This book provides a series of articles that survey recent developments within the field and offers readers a wide range of topics and theoretical approaches that are critically and thoroughly reviewed. It offers a unique picture of recent developments including macroeconomic theories of growth and distribution; agent-based and stock-flow consistent models; financialization; Marxian price and value theory; exploitation theory; trade theory; the role of expectations and 'animal spirits' on macroeconomic performance; and empirical research in Marxian economics. Contributions are written according to the highest standards of rigor and clarity that characterize academic work and the book provides a comprehensive and well-organized survey of cutting-edge empirical and theoretical work covering an exceptionally wide range of areas and fields.
Roberto Veneziani, PhD, is Reader in Economics at the School of Economics and Finance, Queen Mary University of London and co-founder of the Analytical Political Economy Workshop. His research interests include liberal principles of distributive justice, axiomatic exploitation theory, macrodynamic models of growth and distribution, egalitarian principles, normative principles in economics, history of economic thought, and classical political economy.
Luca Zamparelli, PhD, is Associate Professor of Economics at 'Sapienza' University of Rome. His research mainly focuses on macrodynamic models of growth and distribution, endogenous growth theory, the history of economic thought, and classical political economy.