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credit in a growing economy. Third, the rate of interest in Marx’s economics is conceived of as a monetary category … interest. From this it follows, that any “real theory” of crisis and stagnation, as the falling rate of profit theory of crisis …
Persistent link: https://www.econbiz.de/10005076655
determines voting in the Senate, with the main dimension driven by economic interest, not ideology. Although two dimensions are … reported evidence, and a growing consensus in the congressional studies literature, this finding is attributed to interest …
Persistent link: https://www.econbiz.de/10005408037
Keynes (1936) said that shortage of money caused by hoarding or failure to invest led to unemployment, but Lucas (1972) said that money does not affect unemployment. The tables have now turned. Gani (2003) produced a model of indirect trade in which money is necessary as a means of payment....
Persistent link: https://www.econbiz.de/10005561133
and when necessary to redefine, the “conventional” key concepts such as labor, capital, interest, rent, and accordingly …
Persistent link: https://www.econbiz.de/10005119387