astronomy

Stephen Resnick

Stephen Resnick is a astronomy topic covered in the lgStudy science library. This page brings together a partial reference excerpt, illustrations, worked examples, real-world applications and a short study plan, so you can understand Stephen Resnick rather than just read about it. In short: Stephen Alvin Resnick (; October 24, 1938 – January 2, 2013) was an American Marxist economist. He was well known for his work (much of it written together with Richard D.

Key takeaways

Stephen Resnick belongs to astronomy; place it in that map before memorising details.
Learn the definition first, then one example that makes the definition concrete.
Connect Stephen Resnick to a quantity you can measure, compute or draw — that is where exam questions come from.
Reproduce the core statement of Stephen Resnick from memory before moving on to harder problems.

Reference excerpt

Stephen Alvin Resnick (; October 24, 1938 – January 2, 2013) was an American Marxist economist. He was well known for his work (much of it written together with Richard D. Wolff) on Marxian economics, economic methodology, and class analysis. His work, along with that of Wolff, is especially associated with a post-Althusserian perspective on political economy.

Biography Resnick earned a B.S. in economics from the University of Pennsylvania in 1960. He received his Ph.D. in 1964 from the Massachusetts Institute of Technology. His dissertation was an econometric analysis of the European Common Market. His early work (during his tenure at Yale University between 1965 and 1971) was with Stephen Hymer and focused on issues of economic development and international political economy. After a brief period at the City College of New York (1971–1973), Resnick began teaching at the Economics Department of the University of Massachusetts Amherst in 1973. He began working with Richard D. Wolff in this period, and from then until Resnick's death they published numerous articles and books together, formulating a nondeterminist, class analytical approach. Topics included Marxian theory and value analysis, overdetermination, radical economics, international trade, business cycles, social formations, the Soviet Union, and comparing and contrasting Marxian and non-Marxian economic theories. Resnick's work with Wolff took Louis Althusser and Étienne Balibar's Reading Capital as its point of departure and developed a very subtle reading of Karl Marx's Capital Volumes II and III in their influential Knowledge and Class. In Resnick's work, Marxian class analysis entails the detailed study of the conditions of existences of concrete forms of performance, appropriation, and distribution of surplus labor. While there could be an infinite number of forms of surplus appropriation, the Marxist canon refers to ancient (independent), slave, feudal, capitalist, and communist class processes. In 1989, Resnick joined efforts with a group of colleagues, ex- and then current students to launch Rethinking Marxism, an academic journal that aims to create a platform for rethinking and developing Marxian concepts and theories within economics as well as other fields of social inquiry. He remained a member of the editorial board of the journal until 1994, and continued thereafter to serve as a member of the advisory board of the journal. Resnick continued to teach graduate seminars and undergraduate courses and direct dissertation research in economics at the University of Massachusetts Amherst until 2013. He received multiple teaching awards and taught classes in economic theory, economic development, and economic history. Resnick listed his primary research interests as Marxian theory and economic history and development. Resnick died on January 2, 2013, as a result of leukemia.

Bibliography Notable works of Stephen Resnick include:

Hymer, S., & Resnick, S. (1969). A model of an agrarian economy with nonagricultural activities. The American Economic Review, 59(4), 493–506. Richard D. Wolff and Stephen A. Resnick. Economics: Marxian versus Neoclassical (Johns Hopkins Press, Baltimore, 1987). Stephen A. Resnick and Richard D. Wolff. Knowledge and Class: A Marxian Critique of Political Economy (University of Chicago Press, Chicago, 1987). J.K. Gibson-Graham, Stephen A. Resnick and Richard D. Wolff. Class and Its Others (Minnesota University Press, Minneapolis, 2000). J.K. Gibson-Graham, Stephen A. Resnick and Richard D. Wolff. Re/Presenting Class: Essays in Postmodern Marxism (Duke University Press, Durham NC, 2001). Stephen A. Resnick and Richard D. Wolff. Class Theory and History: Capitalism and Communism in the USSR (Routledge, NY, 2002). Stephen A. Resnick and Richard D. Wolff. New Departures in Marxian Theory (Economics as Social Theory (Routledge, NY, 2006). Stephen A. Resnick and Richard D. Wolff. Contending Economic Theories: Neoclassical, Keynesian, and Marxian (The MIT Press, 2012).

Videos "Course on Marxian Economics" "Course on Socialist Economics" "Past Present and Future of the Economics Department" Round table with Resnick, Katzner, Bowles "Memorial for Stephen Resnick" Remarks of Richard D. Wolff "The POLITICS of OUR 40-YEAR COLLABORATION"

See also Paul Hirst Barry Hindess J. K. Gibson-Graham

References

External links Stephen A Resnick's website with Richard D. Wolff Rethinking Marxism: A Journal of Economics, Culture and Society Re-centering Class in Critical Theory: A Tribute to Stephen A. Resnick (1938-2013) Obituary article on Umass.edu

Worked examples

Example 1 — a first encounter with Stephen Resnick

Start with the simplest possible case. Write down what Stephen Resnick claims or describes in one sentence, then invent the smallest concrete situation in which that sentence is true. In astronomy, the smallest case is usually a single object, a single equation or a single measurement. Check that every symbol or term in your sentence has a meaning in that case.

Example 2 — changing one variable

Take the situation from Example 1 and change exactly one quantity: double it, halve it, or set it to zero. Predict what should happen to Stephen Resnick before you calculate. Comparing your prediction with the result is the fastest way to find out whether you understand the idea or only the words.

Example 3 — an exam-style question

Typical questions about Stephen Resnick ask you to (a) state it precisely, (b) apply it to given data, and (c) explain a limitation. Practise writing all three answers in under five minutes; the third part is what separates a full-mark answer from an average one.

Applications of Stephen Resnick

In research: Stephen Resnick appears in astronomy research whenever the underlying quantities have to be modelled precisely. Papers usually cite it as a starting assumption and then explore where it breaks down.
In technology and industry: Engineering practice reuses Stephen Resnick in design rules, simulations and safety margins. Knowing the idea lets you read a specification sheet and understand why the numbers look the way they do.
In the classroom: Stephen Resnick is common in secondary-school and first-year university syllabi. It links to neighbouring topics 1938 births, 2013 deaths, American economists, so understanding it makes those chapters shorter.
In everyday life: Look for Stephen Resnick outside the textbook — in sport, cooking, traffic, electronics or the sky above you. An example you found yourself is remembered far longer than one you were given.

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How to study Stephen Resnick in 20 minutes

Read the reference excerpt below once, without taking notes.
Close the page and write down what Stephen Resnick means in your own words.
Compare your version with the excerpt and mark what you missed.
Work through the three examples above with pen and paper.
Explain Stephen Resnick out loud to somebody else — or to Teacher Smith in the lgStudy chat.

Frequently asked questions

What is Stephen Resnick in simple terms?

Stephen Alvin Resnick (; October 24, 1938 – January 2, 2013) was an American Marxist economist. He was well known for his work (much of it written together with Richard D.

Why does Stephen Resnick matter?

Because it connects several astronomy ideas at once: it gives you a definition you can apply, a quantity you can calculate, and a way to check whether a result is plausible.

How should I study Stephen Resnick?

Read the excerpt, restate it from memory, then work through the examples and applications listed on this page. The five-step study plan above takes about twenty minutes.

What does this page cover?

It gives you a compact reference excerpt plus original lgStudy explanations, examples, applications and study material on Stephen Resnick.