Background
Harcourt, Geoffrey Colin was born on June 27, 1931 in Melbourne, Victoria, Australia. Son of Kenneth Kopel and Marjorie Rahel (Gans) Harcourt.
(Capital theory traditionally spans two major compartments...)
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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(This work begins with three essays on policy issues: the ...)
This work begins with three essays on policy issues: the case for a middle way between command economies and free market economies; the broad principles of fiscal policy for Australia in the 1990s; and an integrated set of "modest proposals" to get the world economy on the path to prosperity. All approaches used in these essays are associated with the broad church of post-Keynesianism and the belief that economics should produce a more just and equitable society. Later essays analyze theoretical topics in an historical context. The remaining papers are a selection of intellectual biographies, and general esays which range from the author's views on the relationship between mathematics and economics to what Adam Smith really said. As this volume demonstrates, Dr Harcourt is an all-rounder, a political economist who has written on applied issues, theory, policy, intellectual biography and anlaytical histories of economic theory. This text offers economists at all levels a sense of perspective on policy, theory and the historical development of their discipline, as well as an appreciation of its human face.
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(This is a major contribution to post-Keynesian thought. W...)
This is a major contribution to post-Keynesian thought. With studies of the key pioneers - Keynes himself, Kalecki, Kahn, Goodwin, Kaldor, Joan Robinson, Sraffa and Pasinetti - G. C. Harcourt emphasizes their positive contributions to theories of distribution, pricing, accumulation, endogenous money and growth. The propositions of earlier chapters are brought together in an integrated narrative and interpretation of the major episodes in advanced capitalist economics in the post-war period, leading to a discussion of the relevance of post-Keynesian ideas to both our understanding of economics and to policy-making. The appendices include biographical sketches of the pioneers and analysis of the conceptual core of their discontent with orthodox theories. Drawing on the author's experience of teaching and researching over fifty years, this book will appeal to undergraduate and graduate students interested in alternative approaches to theoretical, applied and policy issues in economics, as well as to teachers and researchers in economics.
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( This volume contains classic essays on economic policy ...)
This volume contains classic essays on economic policy written by one of its great exponents. The opening essay traces the author's evolving structures of thought about economics and the policy proposals that came from them over this period. Section 2 contains essays that set the background to the policy recommendations. In section 3 the role of investment incentives is analyzed. Section 4 is concerned with the influence of accounting conventions on private decision-making and government policy in both capitalist and planned economies. Section 5 contains a number of package deals, all designed to fit within the constraint of the philosophy of governments in power. The last section, general essays, ranges from a scheme for the payment of prisoners to the celebration of the views on policy of great economists, from Colin Clark, through Nicky Kaldor to John Cornwall.
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Harcourt, Geoffrey Colin was born on June 27, 1931 in Melbourne, Victoria, Australia. Son of Kenneth Kopel and Marjorie Rahel (Gans) Harcourt.
Bachelor of Commerce with honors, University Melbourne, 1954. Master of Commerce, University Melbourne, 1956. Doctor of Philosophy, University Cambridge, 1960.
Doctor of Letters, University Cambridge, 1988. Doctor of Letters (honorary), De Monfort University, United Kingdom, 1997. Doctor (honorary), University Melbourne, Australia, 2003.
Doctor (honorary), University Fribourg, Switzerland, 2003.
Lecturer in economics, University of Adelaide 1958-1962, gr lecturer 1963-1965, Reader 1965-1967, Professor 1967-1985, Professor Emeritus 1988. Lecturer in economics and politics, University of Cambridge 1963-1966, 1982-1990, Reader in the History of Economics Theory since 1990, Director of Studies in Economics and Fellow of Trinity Hall, Cambridge 1963-1966, Fellow and Lecturer in Economics, Jesus College, Cambridge since 1982, President since 1988. Visiting Fellow, Clare Hall, Cambridge 1972-1973.
Visiting Professor, University of Toronto, Canada 1977, j980. Fellow, Academy, of the Social Sciences in Australia since 1971. President Economic Society of Australia and New Zealand 1974-1977.
Wellington Burnham Lecturer, Tufts University, Medford, Massachusetts 1975, Edward Shann Memorial Lecturer, University of Western Australia 1975, Newcastle Lecturer in Political Economy, University of Newcastle 1977, Academy Lecturer, Academy, of the Social Sciences in Australia 1978. G. L. Wood Memorial Lecturer, University of Melbourne 1982. John Curtin Memorial Lecturer, A.N.U. 1982, special lecturer in economics, University of Manchester 1984, Lecturer Nobel Conference XXII, Gustavus Adolphus College, Minnesota 1986.
(This work begins with three essays on policy issues: the ...)
(Capital theory traditionally spans two major compartments...)
(The essays in this volume are concerned with interpretati...)
( This volume contains classic essays on economic policy ...)
(This is a major contribution to post-Keynesian thought. W...)
Author: Some Cambridge Controversies in the Theory of Capital, 1972, Theoretical Controversy and Social Significance: An Evaluation of the Cambridge Controversies, 1975, The Social Science Imperialists, Selected Essays G.C. Harcourt, 1982, Controversies in Political Economy, Selected Essays of G.C. Harcourt, 1986 (with others) Economic Activity, 1967, On Political Economists and Modern Political Economy, Selected Essays by G.C. Harcourt, 1992. Editor (with others): Readings in the Concept and Measurement of Income, 1969, second edition, 1986, (with N.F. Laing) Capital and Growth, Selected Readings, 1971, The Microeconomic Foundations of Macroeconomics, 1977, Keynes and his Contemporaries, The Sixth Centennial Keynes Seminar held at the University of Kent at Canterbury, (with Jon S. Cohen) International Monetary Problems and Supply Side Economics: Essays in Honour of Lorie Tarshis, 1986, Post-Keynesian Essays in Biography, Portraits of Twentieth Century Political Economists, 1993, (with Mauro Baranzini), The Dynamics of the Wealth of Nations: Growth, Distribution and Structural Change, Essays in Honour of Luigi Pasinetti, 1993, (with Alessandro Roncaglia and Robin Rowley) Income and Employment in Theory and Practice, 1994, Capitalism, Socialism and Post-Keynesianism, Selected Essays of G.C. Harcourt, 1995, (with P.A. Riach) A 2nd Edition of The General Theory, 2 vols., 1997, 50 Years a Keynesian and Other Essays: Selected Essays of G.C. Harcourt, 2001, (with others) Selected Essays on Economic Policy, 2001, (with others) Editing Economics: Essays in Honor of Mark Perlman, 2002, L'Economic Rebelle de Joan Robinson, 2001, (with) Joan Robinson Assesments of Reading Economists, 5 vols.
, (with Christopher and Avi J. Cohen) Capital Theory, 3 vols., 1971, The Structure of Post-Keynesian Economics. Contributor articles to professional journals.
Tried to make clear in a fair and good-humoured way to students and colleagues alike the issues involved in the Cambridge controversies over capital theory. Also made contributions to post-Keynesian theory, especially to the theory of pricing and the investment decision, and to the theory of the distribution of income and the level of activity in the short run. Finally, by sketching the intellectual biographies of some leading economists, tried to make the subject more alive and humane.
President Economic Society Australia and New Zealand, 1974-1977. fellow Academy Social Sciences Australia, The Core Contributions of Pioneers, Royal Economic Society, Economic Society Australia (distinguished fellow, 1996), History Economics Society United States of America (distinguished fellow, 2004). Member European Society for History of Economic Thought (honorary, 2004), Academy of Social Sciences (academician, 2003).
Married Joan Margaret Bartrop, July 30, 1955. Children: Wendy Jane, Robert Geoffrey, Timothy Daniel, Rebecca Mary.