Collected Works of Bernard Lonergan

by Lonergan, Bernard J. F.; Lawrence, Frederick G.; Byrne, Patrick Hugh; Hefling, Charles C.

• ISBN13: 9780802081957
• ISBN10: 0802081959
• Format: Paperback
• Copyright: 1999-12-01
• Publisher: Univ of Toronto Pr

Summary

The economic thought of Lonergan at the end of his career. His analysis, while taking a fresh look at fundamental variables, breaks from centralist theory and practice towards a radically democratic perspective on surplus income and non-political control.

Author Biography

Frederick G. Lawrence is in the Department of Theology, Boston College. Patrick H. Byrne is in the Department of Philosophy, Boston College.

Table of Contents

General Editors' Preface	ix
Frederick E. Crowe
Robert M. Doran
Editors' Preface	xi
Charles C. Hefling, Jr.
Editors' Introduction	xxv
Frederick G. Lawrence
Acknowledgments	lxxiii
Preface	3	(2)
Summary of the Argument	5	(2)
PART ONE	7	(90)
Analysis	7	(5)
Economic Process	12	(2)
Significant Basic Variables	14	(2)
Circulation Analysis	16	(1)
Procedure	17	(2)
The Productive Process	19	(4)
Additional Note to Section 6	22	(1)
Division of the Productive Process	23	(5)
The Basic Stage of the Productive Process	28	(3)
The Surplus Stage	31	(4)
Cycles of the Productive Process	35	(1)
A Technical Restatement	36	(2)
Classes of Payments	38	(7)
Rates of Payment and Transfer	45	(10)
Diagram of Rates of Flow	55	(1)
Circuit Acceleration (I)	56	(12)
Appendix to Section 15	65	(3)
Circuit Acceleration (II)	68	(2)
Measuring Change in the Productive Process (I)	70	(5)
Phases in the Productive Process	75	(5)
Mistaken Expectations	80	(2)
Misadventures	82	(4)
Methodological Shifts	86	(5)
The Position of This Essay	91	(6)
PART TWO: HEALING AND CREATING IN HISTORY	97	(10)
PART THREE	107	(70)
Measuring Change in the Productive Process (II)	107	(6)
The Cycle of the Productive Process	113	(15)
Additional Note to Section 24: The Pure Cycle	120	(8)
Price and Quantity Changes in Accelerating Circuits	128	(5)
Additional Note to Section 25: The Phases in Circuit Acceleration - A Technical Statement	130	(3)
The Cycle of Basic Income	133	(11)
The Cycle of Pure Surplus Income	144	(12)
The Cycle of the Aggregate Basic Price Spread	156	(6)
Superposed Circuits	162	(3)
The Balance of Foreign Trade	165	(8)
Deficit Spending and Taxes	173	(4)
Additional Note to Section 31	175	(2)
Appendix: History of the Diagram, 1944-1998	177	(26)
Patrick H. Byrne
Glossary of Symbols	203	(12)
Index	215