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Karl Marx : an early post-Keynesian? : a comparison of Marx's economics with the contributions by Sraffa, Keynes, Kalecki and Minsky
Hein, Eckhard - 2019
This paper compares Marx's economics with those by Sraffa, Keynes, Kalecki and Minsky. The paper takes an "ex post …
Persistent link: https://www.econbiz.de/10011994938
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Post-Keynesian macroeconomics since the mid-1990s : main developments
Hein, Eckhard - 2016
purpose the main differences between heterodox economics in general, including post-Keynesian economics, and orthodox … economics will be reiterated and an overview over the strands of post-Keynesian economics, their commonalities and developments …
Persistent link: https://www.econbiz.de/10011560674
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The principle of effective demand : Marx, Kalecki, Keynes and beyond
Hein, Eckhard - 2015
-Keynesian economics (Fundamentalists, Kaleckians, Sraffians, Kaldorians, Institutionalists) and also in some strands of neo …-Marxian economics, particularly in the monopoly capitalism and underconsumptionist school In this contribution, we will therefore …
Persistent link: https://www.econbiz.de/10011380154
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The principle of effective demand in the short and the long run : Marx, Kalecki, Keynes, and beyond
Hein, Eckhard - 2024
-Keynesian economics (Fundamentalists, Kaleckians, Sraffians, Kaldorians, Institutionalists) and also in some strands of neo …-Marxian economics, particularly in the monopoly capitalism and underconsumptionist school. In this contribution, we will therefore …
Persistent link: https://www.econbiz.de/10014582684
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Knapp's state theory of money and its reception in German academic discourse
Ehnts, Dirk H. - 2019
In 1905, Georg Friedrich Knapp published The State Theory of Money in his native German, claiming that money is a "creature of law" and not connected to metals via some intrinsic value. When the English translation appeared in 1924, apparently at the wishes of John Maynard Keynes, the German...
Persistent link: https://www.econbiz.de/10011974066
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Marx and Keynes : from exploitation to employment
Helmedag, Fritz - 2019
Marx's and Keynes's analyses of capitalism complement each other well. In a rather general model including the public sector and international trade it is shown that the labour theory of value provides a sound foundation to reveal the factors influencing employment. Workers buy "necessaries" out...
Persistent link: https://www.econbiz.de/10011954059
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Karl Marx's thoughts on functional income distribution : a critical analysis
Herr, Hansjörg - 2018
Keynes, following the tradition of Marx, argued that all values are created by labour and profits. However, functional income distribution between wages and profits is explained differently. In Marx's explanation of functional income distribution, wages are given as a basket of goods needed for...
Persistent link: https://www.econbiz.de/10011803004
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From Wicksell to Le Bourva to Modern Monetary Theory : a Wicksell connection
Ehnts, Dirk H.; Barbaroux, Nicolas - 2017
the world economy, economists have shown renewed interest in the way central banks and financial systems work. The rise of … school is associated with Post-Keynesian economics, we make the case that it could just as well be called Post …
Persistent link: https://www.econbiz.de/10011747147