Home‎ > ‎

Political Economy

Most recent work in yellow. I have a backlog of new material in the form of working papers, see below.


Books

(2009) Classical Econophysics, essays in thermodynamics, information theory and political economy. Routledge Advances in Experimental and Computable Economics. By Cottrell, Cockshott, Michaelson, Wright, Yakovenko. Routledge. Publishers Page.





 
 









 

 
Articles

Wright, I. (2009) Implicit microfoundations for macroeconomics. Economics: The Open-Access, Open-Assessment E-Journal, Special Issue, "Reconstructing Macroeconomics" edited by Masanao Aoki and Hiroshi Yoshikawa,
Vol. 3, 2009-19. http://www.economics-ejournal.org/economics/journalarticles/2009-19
 
Wright, I. (2009) On nonstandard labour values, Marx's transformation problem and Ricardo's problem of an invariable measure of value. Boletim de Ciências Económicas LII, Universidade de Coimbra. PDF

Wright, I. (2008) The emergence of the law of value in a dynamic simple commodity economy. Review of Political Economy, Vol. 20, No. 3, pages 367--391. Preprint: PDF (Please note that the ROPE article is the definitive version).

Wright, I. (2007) (after work by A. A. Dragulescu, V. M. Yakovenko and Justin Chen) Statistical mechanics of money, from The Wolfram Demonstrations Project.


Wright, I. (2005) The social architecture of capitalism. Physica A: Statistical Mechanics and its Applications, 346, pp. 589-622. Preprint: PDF (Please note the Physica-A article is the definitive version).
   - (2008) A video lecture by Lin Lin, of the University of Kiel, on her modifications and extensions to this model.

Wright, I. (2005) The duration of recessions follows an exponential not a power law. Physica A: Statistical Mechanics and its Applications, 345, 3-4, pp. 608-610.

Wright, I. (2004) A conjecture on the distribution of firm profit. Economía: Teoría y P´ráctica, 20. PDF

Working Papers

Wright, I. (2013) Sraffa's incomplete reductions to labor. SSRN: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2294262

Wright, I. (2013) Pasinetti's hyper-integrated coefficients and the `pure labor theory of value'. Available at SSRN: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2255732 

Accompanying talk (presented at AHE, London, 2013):


Wright, I. (2011) A category-mistake in the classical labor theory of value: identification and resolution. Available at SSRN: http://ssrn.com/abstract=1963018. Get paper.

Wright, I. (2011) Classical macrodynamics and the labor theory of value. Open Discussion Papers in Economics, no. 76. Milton Keynes: The Open University. PDF

Brief 20 minute talk (with audio) on 2nd-half of this paper presented at EEA 2011:
Wright, I. (2011) Convergence to natural prices in simple production.  Open Discussion Papers in Economics, no. 75. Milton Keynes: The Open University. PDF

Wright, I. (2006) Prices of production are proportional to real-costs. Open Discussion Papers in Economics, no. 59. Milton Keynes: The Open University. PDF


Events

(July 2008) A conference I helped to organize on Probabilistic Political Economy in Kingston, UK. Some photos from the conference.
Comments