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Capitalism: Competition, Conflict, Crises
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Bibliographic Detail
Publisher Oxford Univ Pr
Publication date February 12, 2016
Pages 979
Binding Hardcover
Book category Adult Non-Fiction
ISBN-13 9780199390632
ISBN-10 0199390630
Dimensions 2 by 5 by 7 in.
Weight 3.50 lbs.
Original list price $55.00
Other format details university press
Summaries and Reviews
Amazon.com description: Product Description: Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself. In Capitalism, Shaikh's approach demonstrates that most of the central propositions of economic analysis can be derived without any reference to standard devices such as hyperrationality, optimization, perfect competition, perfect information, representative agents, or so-called rational expectations. In every case, Shaikh's innovative theory is applied to modern empirical patterns and contrasted with neoclassical, Keynesian, and Post-Keynesian approaches to the same issues. Shaikh's object of analysis is the economics of capitalism, and he explores the subject in this expansive light. This is how the classical economists, as well as Keynes and Kalecki, approached the issue. Anyone interested in capitalism and economics in general can gain a wealth of knowledge from this ground-breaking text.


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Hardcover
Book cover for 9780199390632
 
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from Oxford Univ Pr (February 12, 2016)
9780199390632 | details & prices | 979 pages | 5.00 × 7.00 × 2.00 in. | 3.50 lbs | List price $55.00
About: Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes.

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