Classical Political Economy and the Role of Demand

E638468

Classical Political Economy and the Role of Demand is a scholarly work by economist Krishna Bharadwaj that reinterprets classical economic theory by emphasizing the central importance of demand in value, distribution, and growth.

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Predicate Object
instanceOf book
scholarly work
analyzes long-period method in classical economics
writings of classical economists
argues classical theory cannot be reduced to purely supply-side explanations
demand influences distribution and accumulation in classical systems
demand plays a systematic role in classical long-period analysis
associatedWith Sraffian tradition NERFINISHED
post-Keynesian economics
author Krishna Bharadwaj NERFINISHED
centralTheme role of demand in classical theory
contributionTo debate on effective demand in classical theory
interpretation of Ricardo and Marx on demand
interpretation of long-period positions in classical theory
revival of classical surplus approach
critiques neoclassical interpretation of classical theory
emphasizes central importance of demand conditions
interaction of demand and supply in classical frameworks
macro-foundations of classical political economy
field economics
history of economic thought
political economy
focusesOn relationship between demand and distribution
relationship between demand and growth
relationship between demand and value
genre academic monograph
intendedAudience economists
historians of economic thought
students of political economy
language English
mainSubject classical political economy
economic growth
effective demand
income distribution
value theory
methodologicalFocus long-period positions and normal prices
placesInContext classical economists such as Smith, Ricardo, and Marx
relatedTo classical-Keynesian synthesis NERFINISHED
effective demand principle
surplus approach to value and distribution
theoreticalApproach reinterpretation of classical economics
usedIn graduate teaching in political economy
research on classical and Sraffian economics

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Krishna Bharadwaj notableWork Classical Political Economy and the Role of Demand