Inflation and Income Distribution in Capitalist Crisis

A collection of essays based on the theories of Sidney Weintraub, economic theorist and policy-maker. They all touch on the main theme of crucial importance he accorded to inflation and income distribution in understanding the process of development of capitalism.

Inhalt
Editor's introduction: In memory of a Jevonian Seditionist; the simple analytic of aggregate demand - price and aggregate supply price analysis, W.Darity Jr; the restructuring of the American economy, L.R.Klein; a macroeconomic perspective on tax-based incomes policies, H.C.Wallich and D.J. Stockton; money wages in the Keynesian and monetarist- explanations of the transmission mechanism linking money and prices, J.A.Kregel; the further theoretical development of the Weintraub aggregate price equation, A.S.Eichner; inflation as a cause of economic stagnation - a dual model, J.Cornwall; uncertainty and the residual hypothesis, S.Parrinello; attitudes, rationality and consumer demand, D.W.Katzner; the money capital constraint and decision in the firm, D.Vickers; the veil of barter, G.Heinsohn and O.Steiger; on the extension of Sraffa's theory to a growing economy, F.Vicarelli.