Fighting Market Failure: Collected Essays in the Cambridge Tradition of Economics

The Cambridge tradition of economics is a heritage to draw upon as alternative to neoclassical economics ' more of a legacy than a fully-fledged system of thought. Moreover, the label "Keynesians" is somewhat misleading: while the centrality of Keynes' ideas is beyond dispute, there is the parallel line of thought provided by Sraffa's revival of classical political economy, which J. Robinson was greatly influenced by in the later part of her life, and which some would consider as relevant to identification of the "Cambridge tradition of economics" as the line stemming from Keynes.So argues Marcuzzo in this new collection, that brings together her major research in the Cambridge tradition of economics. The book focuses on Keynes, Kahn, J. Robinson and Sraffa, who shared in the physical space and lifestyle of Cambridge to an exceptional degree. The bond between them was intellectual partnership, a recognised common ground, dialogue and acceptance of criticism.