- Additional Authors
- EBSCOhost
- Description
- 1 online resource.
- Series Statement
- Springer Studies in the History of Economic Thought
- Uniform Title
- Springer Studies in the History of Economic Thought.
- Subject
- Note
- Description based upon print version of record.
- 7.2.3 Schumpeter on the Limits of Progressive Taxation
- Bibliography (note)
- Includes bibliographical references.
- Reproduction (note)
- Contents
- Intro -- Acknowledgements -- Contents -- Abbreviations -- Symbols -- List of Figures -- List of Tables -- 1 Introduction -- 1.1 Setting the Framework -- 1.1.1 From Economic Growth to Secular Stagnation? -- 1.1.2 Income Distribution: Empirical Trends -- 1.2 Outline -- References -- Part I Secular Stagnation Theories: Past and Present -- 2 Theoretical Foundations -- 2.1 Defining Stagnation on Its Common Symptoms -- 2.2 Demand- and Supply-Side Stagnation -- 2.3 Stagnation Theorists: An Overview -- References -- 3 Demand-Side Stagnation Theories -- 3.1 Pre-Keynesian Underconsumption Theories
- 3.1.1 Simonde de Sismondi: Income Distribution and Mass Poverty -- 3.1.2 Malthus: Over-Saving by the Rich -- 3.1.3 Hobson: Over-Saving and Income Distribution -- 3.2 Modern Demand-Side Stagnation Theories -- 3.2.1 Keynes: The Father of Modern Demand-Side Stagnationism? -- 3.2.2 Hansen: Lack of Investment Due to Changing Exogenous Factors -- 3.2.3 Kalecki and Steindl: The Rise in Industrial Concentration -- 3.3 A Contemporary Demand-Side Stagnation Theory -- 3.3.1 The Economic Environment in the Early Twenty-First Century -- 3.3.2 Summers: A Revival of Hansen's Stagnation Theory? -- References
- 4 Supply-Side Stagnation Theories -- 4.1 Stagnation in Classical Economics -- 4.1.1 Smith: Saturation in the Midst of Riches -- 4.1.2 Malthus and Ricardo: Stagnation Due to Land Scarcity -- 4.1.3 Mill: The Stationary State as a Pleasant Condition -- 4.1.4 Marx: Predicting the Breakdown of Capitalism -- 4.2 Modern Supply-Side Stagnation Theories -- 4.2.1 Schumpeter: The Self-Destruction of Capitalism -- 4.2.2 Solow and Swan: The Vanishing of Stagnation Fears -- 4.2.3 Fourastié and Baumol: Structural Shift Toward Sectors with Low Productivity Growth
- 4.2.4 Meadows et al.: Environmental Limits to Growth -- 4.3 Contemporary Supply-Side Stagnation Theories -- 4.3.1 Piketty: High Growth as a Historical Exception -- 4.3.2 Gordon: Sluggish Technological Progress and Four Headwinds -- References -- 5 Stagnation Theories: Concluding Remarks -- References -- Part II Income Distribution and Secular Stagnation -- 6 The Impact of an Unequal Distribution of Income on Economic Growth: Theoretical Considerations -- 6.1 Introduction -- 6.2 Demand-Side Mechanisms -- 6.2.1 The Size of Consumption Demand -- 6.2.2 The Composition of Consumption Demand
- 6.3 Supply-Side Mechanisms -- 6.3.1 Investment Indivisibility and Credit Market Imperfections -- 6.3.2 Human Capital Investment and Credit Market Imperfections -- 6.3.3 Incentive System and Risk-Taking -- 6.4 Political and Social Mechanisms -- 6.4.1 Redistribution Policy -- 6.4.2 Social Instability and Political Uncertainty -- References -- 7 Income Distribution in Stagnation Theories -- 7.1 Introduction -- 7.2 Distribution in Modern Stagnation Theories -- 7.2.1 Keynes: Income Distribution as a Side Issue -- 7.2.2 Hansen: Redistribution as a Remedy for Secular Stagnation
- ISBN
- LCCN
- 10.1007/978-3-030-41
- OCLC
- om361962583
- Author
Anselmann, Christina.
- Title
Secular stagnation theories [electronic resource] : a historical and contemporary analysis with a focus on the distribution of income / Christina Anselmann.
- Imprint
Cham : Springer, 2020.
- Type of Content
text
- Type of Medium
computer
- Type of Carrier
online resource
- Series
Springer Studies in the History of Economic Thought
Springer Studies in the History of Economic Thought.
- Bibliography
Includes bibliographical references.
- Reproduction
Electronic reproduction. Ipswich, MA Available via World Wide Web.
- Connect to:
- Added Author
EBSCOhost
- Other Form:
Print version: Anselmann, Christina Secular Stagnation Theories : A Historical and Contemporary Analysis with a Focus on the Distribution of Income Cham : Springer International Publishing AG,c2020 9783030410865
- Other Standard Identifier
10.1007/978-3-030-41