Duncan K Foley

Datos Biográficos

ID3588428
NOMBREDuncan K Foley
NOMBRESDuncan K
APELLIDOFoley
FIRMAFOLEY D K
AFILIACIONESNew School
ORCID0000-0003-3394-8888
VERIFICADOSí
TOTAL DE OBRAS35
TOTAL DE CITAS55
TOTAL COMO AUTOR35
TOTAL COMO EDITOR0
PRIMER AÑO DE PUBLICACIÓN1969
AÑO MÁS RECIENTE DE PUBLICACIÓN2026
ÍNDICE H4

  • A Statistical Equilibrium Approach to Adam Smith’s Labor Theory of Value

    Open AccessEllis Scharfenaker, Bruno Theodosio et al.ARTICLEReview of Radical Political…2026

    Adam Smith’s inquiry into the emergence and stability of the self-organization of the division of labor in commodity production and exchange is considered using statistical equilibrium methods from statistical physics. We develop a statistical equilibrium model of the distribution of independent producers in simple commodity production using a hub-and-spoke framework that predicts both the center of gravity of producers across lines of production…

  • Plausible energy demand patterns in a growing global economy with climate policy

    Open AccessGregor Semieniuk, Lance Taylor et al.ARTICLENature Climate Change2021

  • Social coordination problems in classical and Marxian political economy

    Duncan K FoleyARTICLEReview of Social Economy2020Citada por: 1Referencias: 8

    This paper explores the application of information theory and game theory to questions arising in Adam Smith's Wealth of Nations and Karl Marx's critical reformulation of Smith's analysis in Capital. After introducing the key theoretical concepts of entropy-constrained behavior and the social interaction model, the paper applies them to some central issues in Marxian and classical political economy: the long-period method analysis of commodity pr…

  • Growth and Distribution

    Duncan K Foley, Thomas R MichlBOOKGrowth and Distribution2019

  • Economic Growth, Income Distribution, and Climate Change

    Open AccessArmon Rezai, Lance Taylor et al.ARTICLEEcological Economics2018

  • Value and price

    Duncan K Foley, Duncan Foley et al.CHAPTERHandbook on the History of…2016

  • An integrated approach to climate change, income distribution, employment, and economic growth

    Open AccessLance Taylor, Armon Rezai et al.ARTICLEEcological Economics2015Citada por: 12Referencias: 6

  • Reply to Paul Davidson, Servaas Storm, and Lance Taylor

    Duncan K FoleyARTICLEInternational Journal of…2014

    (2014). Reply to Paul Davidson, Servaas Storm, and Lance Taylor. International Journal of Political Economy: Vol. 43, No. 1, pp. 38-42

  • Varieties of Keynesianism

    Duncan K FoleyARTICLEInternational Journal of…2014Citada por: 2Referencias: 9

    Recent claims, particularly in Paul Krugman's column and blog, on the superiority of the Hicks-Modigliani version of Keynesian economics calls for a re-thinking of the issues raised in the early controversies over what Joan Robinson called "bastard Keynesianism." "Good old-fashioned Keynesian economics" (GOKE) substitutes the general and unmotivated assumption of downward money wage rigidity for the detailed examination of the varied social coord…

  • Rethinking Financial Capitalism and the “Information” Economy

    Open AccessDuncan K FoleyARTICLEReview of Radical Political…2013

    This talk examines the popular idea that “economic growth” can continue indefinitely in post-industrial capitalist economies through the shift of labor to “service” sectors, particularly finance and information-based activities, in the light of the classical-Marxian theory of value and the related categories of productive and unproductive labor. As the generally accepted classical theory of land rent exemplifies, many types of income in capitalis…

  • The Political Economy of Postcrisis Global Capitalism

    Duncan K FoleyARTICLESouth Atlantic Quarterly2012

    While the depression of the 1890s and the stagflation of the 1970s appear to be manifestations of Karl Marx's contention that the rate of profit tends to fall over time, the Great Depression of the 1930s and the Great Recession of the 2000s appear to be rooted in rising rates of exploitation. Mainstream macroeconomics represents the watershed changes in world capitalism in the 1970s as due to technical improvements in economic theory and policy, …

  • Understanding Capital

    Duncan K FoleyBOOKUnderstanding Capital2009

  • The economy needs agent-based modelling

    Open AccessJ Doyne Farmer, Duncan K Foley et al.ARTICLENature2009

  • A Note on the Formal Treatment of Exploitation in a Model With Heterogenous Labor

    Open AccessGérard Duménil, Duncan K Foley et al.ARTICLEMetroeconomica2009

    The paper presents a formal generalization of Marx's analysis of exploitation and prices in economies in which categories of labor are distinguished according to their unequal ability to create exchange value. Measures of exploitation of categories of labor which are consistent with both the Price of Net Product‐Unallocated Purchasing Power (PNP‐UPP) (New Interpretation) and the traditional interpretation of Marx's theory of value are defined whi…

  • Critical Political Economy

    Open AccessDuncan K FoleyARTICLEEconomica2009

  • Karl Marx’s Theory of Money and Credit

    Suzanne De Brunhoff, Duncan K FoleyCHAPTERHandbook of Alternative Monetary…2007

    This major Handbook consists of 29 contributions that explore the full range of exciting and interesting work on money and finance currently taking place within heterodox economics. There are many themes and facets of alternative monetary and financial economics but two major ones can be identified.

  • Response to Garegnani, Pivetti and Vianello

    Duncan K FoleyARTICLEReview of Political Economy2007

  • Response to Freeman and Kliman

    Duncan K FoleyCHAPTERValue, Capitalist Dynamics, and…2004

  • Rationality and Ideology in Economics

    Duncan K FoleyARTICLESocial research2004Citada por: 2

    Duncan K. Foley Rationality and Ideology in Economics ROBERT H EILBRO NER HAS HAD A LONG-STANDING IN TEREST IN THE issues of rationality and ideology in shaping economic theory (see, particularly, Heilbroner, 1988, chaps. 1 and 8, and Heilbroner, 1999, chap. 11). Heilbroner argues that the conception of rationality under­ lying economic theory is specific to the emergence of capitalism as a mode of production and that economics as a science canno…

  • Value, Distribution and Capital

    Duncan K FoleyARTICLEReview of Political Economy2001

    (2001). Value, Distribution and Capital: A review essay. Review of Political Economy: Vol. 13, No. 3, pp. 365-381

  • Recent Developments in the Labor Theory of Value

    Open AccessDuncan K FoleyARTICLEReview of Radical Political…2000

    This paper reviews the historical roots of Marx's labor theory of value and some contemporary contributions to the critique of this theory. Modern commentary on Marx's labor theory of value based on dual system of parallel prices and embodied labor coefficients loses sight of the theory's roots in the philosophy of historical materialism and its function as a theory of money. Recently developed empirical single system approaches, including the Ne…

  • Recent developments in the labor theory of value

    Open AccessDuncan K Foley, D FoleyARTICLEReview of Radical Political…2000

  • Theory of production

    Open AccessDuncan K FoleyARTICLEJournal of Economic Behavior &…1997

  • The Economics of the Profit Rate

    Duncan K Foley, Duncan Foley et al.ARTICLEThe Economic Journal1994Citada por: 18

    Journal Article The Economics of the Profit Rate: Competition, Crises and Historical Tendencies in Capitalism The Economics of the Profit Rate: Competition, Crises and Historical Tendencies in Capitalism. By Dumenil (Gerard) and Levy (Dominique). (Aldershot and Brookfield, VT: Edward Elgar, 1993. Pp. xii + 390. £49.95 hardback. ISBN 1 85278 760 0.) Duncan Foley Duncan Foley Barnard College, Columbia University Search for other works by this autho…

  • Understanding Capital

    Tracy Mott, Duncan K Foley et al.ARTICLELabour / Le Travail1988Citada por: 1