Social Fairness and Economics

	List of figures
	List of tables
	List of contributors

	Introduction LANCE TAYLOR, ARMON REZAI AND THOMAS MICHL

	Personal remarks: Festschrift conference, April 21, 2012 DUNCAN K. FOLEY

PARTI Socio-economic ideology and methodology

1	Keynes and Marx, Duncan and me MICHAEL J. PIORE

2	The sophisticated Legislator meets Adam’s fallacy: a cultural–institutional market failure SAMUEL BOWLES

3	The complex evolution of Duncan K. Foley as a complexity economist J. BARKLEY ROSSER, JR.

4	Applications of statistical mechanics to economics: entropic origin of the probability distributions of money, income, and energy consumption VICTOR M. YAKOVENKO

PART II Neoclassical economics: dispersed and decentralized exchange

5	Class in catallaxy A. J. JULIUS

6	Positional goods, climate change and the social returns to investment LEILA DAVIS AND PETER SKOTT

7	Markets with Black Swans GRACIELA CHICHILNISKY

8	Equilibrium vs. market efficiency JOSEPH L. MCCAULEY

9	Foley’s Thesis, Negishi’s method, existence proofs and computation K. VELA VELUPILLAI

PART III Classical political economy: growth and distribution

10	Rate of profit and crisis in the US economy: a class perspective SIMON MOHUN

11	The sources of profitability PETER FLASCHEL, NILS FRÖHLICH AND ROBERTO VENEZIANI

12	On the “vexata questio of value”: Ricardo, Marx and Sraffa HEINZ D. KURZ AND NERI SALVADORI

13	Duncan Foley’s circuit of capital model for an open economy MARTÍN ABELES

14	Production, circuits of capital, and flows and stocks in national accounts ANWAR SHAIKH

15	Endogenous technological change in Classical–Marxian models of growth and distribution AMITAVA KRISHNA DUTT

16	Macroeconomics of Keynesian and Marxian inspirations: toward a synthesis GÉRARD DUMÉNIL AND DOMINIQUE LÉVY

17	A model of fiscal and monetary policy THOMAS MICHL

18	Consequences of downsizing in U.S. manufacturing, 1967 to 1997 EDWARD N. WOLFF

PART IV Complexity: barriers and bounds to rationality

19	Market ecology and the economics of crisis RAJIV SETHI

20	Market complexity and the nature of crises in financial markets PHILIP MIROWSKI

21	The inherent hierarchy of money PERRY MEHRLING

	Index

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