Microeconomic Theory: A Heterodox Approach develops a heterodox economic theory that explains the economy as the social provisioning process at the micro level. Heterodox microeconomics explores the economy with a focus on its constituent parts and their reproduction and recurrence, their integration qua interdependency by non-market and market arrangements and institutions, and how the system works as a whole. This book deals with three theoretical concerns. Due to the significance of the price mechanism to mainstream economics, a theoretical concern of the book is the business enterprise, markets, demand, and pricing. Also, since heterodox economists see private investment, consumption and government expenditures as the principal directors and drivers of economic activity, a second theoretical concern is business decision-making processes regarding investment and production, government expenditure decisions, the financing of investment, the profit mark-up and the wage rate, and taxes. Finally, the third theoretical concern of the book is the delineation of a non-equilibrium disaggregated price-output model of the social provisioning process. This book explores the integration of these various theories with a theoretical model of the economy and how this forms a theory that can be identified as heterodox microeconomics. It will be of interest to both postgraduates and researchers.
This book sets out the foundations of post-Keynesian price theory. Blending theory and analysis it is the first comprehensive assessment of post-Keynesian price theory and its foundations. Scholars and students will particularly welcome the emphasis on the non-neoclassical and non-equilibrium nature of post-Keynesian price theory.
Economics is a contested academic discipline between neoclassical economics and a collection of alternative approaches, such as Marxism-radical economics, Institutional economics, Post Keynesian economics, and others, that can collectively be called heterodox economics. Because of the dominance of neoclassical economics, the existence of the alternative approaches is generally not known. This book is concerned with the community history of heterodox economics, seen primarily through the eyes of Marxian-radical economics and Post Keynesian economics. Throughout the 20th century neoclassical economists in conjunction with state and university power have attacked heterodox economists and tried to cleanse them from the academy. Professor Lee, his groundbreaking new title discusses issues including the contested landscape of American economics in the 1970s, the emergence and establishment of Post Keynesian economics in the US and the development of heterodox economics in Britain from 1970 to 1996.
Presents the author's alternative monetary theory and macroeconomics to both the quality theory and Keynes's work. This text reveals Means's view of the economic processes in the real world, and the state of monetary and macroeconomics theory in the mid-1940s.
Molten salts and fused media provide the key properties and the theory of molten salts, as well as aspects of fused salts chemistry, helping you generate new ideas and applications for fused salts.Molten Salts Chemistry: From Lab to Applications examines how the electrical and thermal properties of molten salts, and generally low vapour pressure are well adapted to high temperature chemistry, enabling fast reaction rates. It also explains how their ability to dissolve many inorganic compounds such as oxides, nitrides, carbides and other salts make molten salts ideal as solvents in electrometallurgy, metal coating, treatment of by-products and energy conversion.This book also reviews newer applications of molten salts including materials for energy storage such as carbon nano-particles for efficient super capacitors, high capacity molten salt batteries and for heat transport and storage in solar plants. In addition, owing to their high thermal stability, they are considered as ideal candidates for the development of safer nuclear reactors and for the treatment of nuclear waste, especially to separate actinides from lanthanides by electrorefining. - Explains the theory and properties of molten salts to help scientists understand these unique liquids - Provides an ideal introduction to this expanding field - Illustrated text with key real-life applications of molten salts in synthesis, energy, nuclear, and metal extraction
With the expectation of greatly enhanced user experience, 3D video is widely perceived as the next major advancement in video technology. In order to fulfil the expectation of enhanced user experience, 3D video calls for new technologies addressing efficient content creation, representation/coding, transmission and display. Emerging Technologies for 3D Video will deal with all aspects involved in 3D video systems and services, including content acquisition and creation, data representation and coding, transmission, view synthesis, rendering, display technologies, human perception of depth and quality assessment. Key features: Offers an overview of key existing technologies for 3D video Provides a discussion of advanced research topics and future technologies Reviews relevant standardization efforts Addresses applications and implementation issues Includes contributions from leading researchers The book is a comprehensive guide to 3D video systems and services suitable for all those involved in this field, including engineers, practitioners, researchers as well as professors, graduate and undergraduate students, and managers making technological decisions about 3D video.
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