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Some Cambridge Controversies in the Theory of Capital
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    Markey-Towler, Brendan 2017. The Oxford Handbook of Post-Keynesian Economics, Volume 1: Theory and Origins, by Geoff Harcourt and Peter Kriesler (Oxford University Press, Oxford, 2013), pp. 640.. Economic Record, Vol. 93, Issue. 303, p. 659.

    Schefold, Bertram 2017. Research in the History of Economic Thought and Methodology. Vol. 35, Issue. , p. 171.

    Dávila-Fernández, M. J. Oreiro, J. L. Punzo, L. F. and Bimonte, S. 2017. Capital in the Twenty-First Century: Reinterpreting the fundamental contradiction of capitalism. Journal of Post Keynesian Economics, Vol. 40, Issue. 2, p. 168.

    Dow, Sheila C. 2017. The Palgrave Companion to Cambridge Economics. p. 27.

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    Some Cambridge Controversies in the Theory of Capital
    • Online ISBN: 9780511560026
    • Book DOI: https://doi.org/10.1017/CBO9780511560026
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Book description

Capital theory traditionally spans two major compartments of economic theory: the theory of production of both individual products and the total product, and the theory of the distribution of the aggregate product between the different classes of capitalist society. It has always been controversial, partly because the subject matter is difficult and partly because rival ideologies and value systems impinge directly on the subject matter. In the present book the various topics associated with the exchanges between the 'neo-Keynesians' and the 'neo-neoclassicals' are discussed and evaluated. The topics 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.

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