Kaoru Yamaguchi

Beyond Walras, Keynes, and Marx: Synthesis in Economic Theory Toward a New Social Design - American University Studies Series 16: Economics Kaoru Yamaguchi

Three effete economic paradigms are still hovering in a modern society which is swiftly heading toward a so-called information society: Neoclassical, Keynesian and Marxian. This book first presents a synthesized analysis of these schools with the author's own microfoundation (dis)equilibrium model which incorporates such fundamental concepts as time, money, class, reproducibility, equilibrium and fairness. Then it exhorts a new economic paradigm suitable for an information age. The analysis is mathematically rigorous, and politically aspiring.