Background
Kregel, Jan Allen was born on April 19, 1944 in Dallas, Texas, United States. Permanent resident in Italy, 1985. Son of Marinus John and Ellen Lois (Hoefflin) Kregel.
( A controversy among economists has raged in the pages o...)
A controversy among economists has raged in the pages of professional journals for the last decade. The debate concerns capital theory and distribution theory, as well as interpretation of models of long-run economic growth. This book is an attempt to integrate recent developments in capital theory and show their implications for models of long-run economic growth in mature capitalistic countries. This book first presents the von Neumann model and outlines its classical approach to the rate of profits and distribution. Sraffa's resolution of the value-price transformation problem is then presented and compared with Samuelson's "Surrogate Production Function". With the results of this comparison and the delineation of the special case in which the "Surrogate" is valid, several existing models of growth are set out in two representative groups. Neoclassical models form the first group. These are defined by their reliance on marginal theory to determine factor prices, the rate of profit and therefore distribution via the perfectly differentiable production function. Models of Meade, Tobin, Solow, and Samuelson- Modigliani are outlined and analyzed for their treatment and distribution and profits theory. The second group is comprised of models within the strict Keynesian tradition. The basic groundwork of these models as found in the work of Keynes and Kalecki is first cited. The Keynesian models are characterized by their assumption that the investment decision is totally independent of savings decisions in the economy. The models of Harrod, Kaldor, Pasinetti and Joan Robinson are presented and their method of approach to the rate of profits and distribution is analyzed. The concluding chapter focuses on some criticisms brought against the Keynesian models and offers some generalized formulations to deal with these neoclassical objections. General conclusions follow the treatment of each representative group and author.
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( This text provides a comprehensive introduction to the ...)
This text provides a comprehensive introduction to the key personality theorists by combining biographical information on each theorist with his or her contributions to the field, including her or his ranking among the world’s most respected psychologists. In addition, Allen provides a tabular format–that is, a running comparison between the major theorists, allowing students to analyze new theories against theories learned in previous chapters. The unique style of Allen's book is strengthened through his conversational tone, enabling students to easily grasp an understanding of the key people and movements in the field of personality.
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Kregel, Jan Allen was born on April 19, 1944 in Dallas, Texas, United States. Permanent resident in Italy, 1985. Son of Marinus John and Ellen Lois (Hoefflin) Kregel.
Bachelor, Beloit College, 1965. Doctor of Philosophy, Rutgers University, 1970. Postgraduate, Cambridge University, England, 1970.
Lector Economics, University Bristol, 1969-1972. Chargé de cours invité, Prof, invité, University Catholique de Louvain, Belgium, 1972-1973, 1974. Professor Incaricato, University Bologna, 1973.
Lector, Senior Lector, University Southampton, 1973-1979. Professor of Economics, Livingston College, New Brunswick, New York, 1977-1981. Adjunct Professor Monetary Theory, New School Social Research, New York, 1978-1980.
Visiting Research Professor, Institute, Institution Economics, University Rome, 1982. Netherlands-Germany Cultural Exchange Professor, University Bremen, 1982. Professor Economics Special Reference Monetary Theory, University Groningen, The Netherlands, 1982-.
Editorial Boards, Journal of Post-Keynesian Economics, since 1977, Metroec., since 1983, Monnaie et Production series, Economies et Sociétés, since 1983.
( This text provides a comprehensive introduction to the ...)
( A controversy among economists has raged in the pages o...)
(Value and Capital An Inquiry into some Fundamental Princi...)
Study of Keynes’s economics and subsequent exposure to the Anglo-Italian theories of value and distribution in Cambridge
in the 1960s created an interest in the possibilities for an integration of Keynes’s theory of monetary production and these new explanations of value and distribution. Early work on the reconstruction of political economy attempts to formulate a coherent framework for economic analysis on the basis of the work of Keynes, Kalecki, and the classical economists, which has come to be called the ‘postKeynesian’ approach. Response to this work made it clear that Keynes’s monetary theory should be made more explicit.
Recent work attempts to provide an explanation of the level of activity presumed in Sraffa’s theory of prices and distribution via Keynes’s theory of effective demand in a monetary production framework. I have investigated the compatibility of Sraffa’s commodity rates of interest, which in equilibrium yield Sraffa prices, and Keynes’s theory of money prices based on own rates of own interest, which in equilibrium equal the money rate of interest as established by liquidity preference.
Fellow Royal Economic Society United Kingdom (life), Society Italiana degli Economists. Member American Economic Association, History of Economics Society.
Married Marie-Paule Javaux, June 30, 1973. Children: Stefania Amanda, John Martin.