Chaos Theory and Leftist Economics

Forstater, Mathew ForstaterM at umkc.edu
Fri Nov 2 13:17:21 PST 2001


Barkley Rosser's book should be consulted, though it is more technical. He has been a member of this list in the past. The book is:

Rosser, J. B., Jr. (1991). From Catastrophe to Chaos: A General Theory of Economic Discontinuities. Boston, MA: Kluwer. (also has a new, 2000, edition, possibly in 2 vols).

Also, I believe that Cockshott and Cottrell deal with some of that stuff in their numerous articles on socialist value theory. They have a book as well. One article that should certainly fit the order is:

"Calculation, Complexity and Planning: The Socialist Calculation Debate Once Again" (Review of Political Economy, July 1993)

see Cottrell's website for copies of the book and 'companion articles' (including the one cited above):

http://www.wfu.edu/~cottrell/

-----Original Message----- From: Thomas Seay [mailto:entheogens at yahoo.com]

For you economists out there...who among Left economists has done any work on economics and chaos theory? My background is in mathematics and I was just curious to know if the implications of Chaos have been entertained by left-wing economists...I know that chaos/complexity theory has had its impact on more market oriented economists.

Thomas



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