Competing economic theories [electronic resource] : essays in memory of Giovanni Caravale / [edited by] Sergio Nisticò and Domenico Tosato.

Includes bibliographical references and index.

Machine generated contents note: Introduction 1 -- SERGIO NISTICE AND DOMENICO TOSATO PART I -- Economic theory and its history 13 --1 The relevance for present economic theory of economic theory written in the past 15 -- DONALD A. WALKER --2 The relevance of the economic ideas of the past 33 -- AUGUSTO GRAZIANI PART II -- The classical school and the Ricardo debate 39 --3 The canonical classical growth model: content, adherence and priority 41 -- SAMUEL HOLLANDER --4 Sraffa: the theoretical world of the 'old classical economists' 67 -- PIERANGELO GAREGNANI --5 Misunderstanding classical economics: the Sraffian interpretation of the surplus approach 80 -- MARK BLAUG --6 Misunderstanding the Sraffian reading of the classical theory of value and distribution: a note 97 -- CARLO PANICO --7 Is it possible to define a canonical classical growth model? 102 -- EUGENIO ZAGARI --8 Garegnani's interpretation of the 'old classical economists' 105 -- ENRICO ZAGHINI --9 Different perspectives on distribution within classical political economy 115 -- SERGIO NISTICO --10 Sraffa's Ricardo after fifty years: a preliminary estimate 130 -- PIER LUIGI PORTA --11 Some reflections on Sraffa's Ricardo 155 -- GARY MONGIOVI PART III -- Models of prices and allocations in equilibrium and out of equilibrium 165 --12 Reflections on Caravale's contributions relating to equilibrium and their relation to the interpretation of Keynes 167 -- VICTORIA CHICK --13 Sraffa's contributions to economics: some notes on his unpublished papers 177 -- HEINZ D. KURZ --14 Models of monopolistic competition and general equilibrium theory 197 -- DOMENICO TOSATO --15 Non-competitive general equilibrium in a dynamic perspective 233 -- PIER CARLO NICOLA --16 Technology and employment in an out-of-equilibrium perspective 236 -- MARIO AMENDOLA 17 Strategic complementarity and near-rationality in New Keynesian models: a note 243 -- ANDREA BOITANI PART IV -- The legacy of Keynes 247 18 Keynes on probability, uncertainty and tragic choices 249 -- ANNA CARABELLI 19 Was Keynes a truly heretic economist? 280 -- MARCELLO DE CECCO 20 Keynes, disequilibrium theory and New Keynesian economics 284 -- BRUNO JOSSA 21 Keynesian economics from a non-price theoretic framework 300 -- ROY J. ROTHEIM 22 The controversies in contemporary macroeconomics 306 -- GIORGIO RODANO 23 On the relevance of the distinction between Keynesian -- and neoclassical macroeconomics 326 -- IGNAZIO MUSU PART V -- Economic theorising and institutions 329 24 Economic theory and institutions 331 -- LUIGI L. PASINETTI 25 Economic theory and institutions: an introductory note 340 -- GIOVANNI CARAVALE --26 Economics and institutions from a central bank perspective 348 -- PIERLUIGI CIOCCA --27 Economics and institutions: some reflections on Pasinetti and Caravale 354 -- LUIGI SPAVENTA --28 Economics and institutions: the constraints of history 357 -- PAOLO SYLOS LABINI --29 A summing up 361 -- LUIGI L. PASINETTI References 364 -- Index 391.