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Based on Geoffrey Harcourt's Palgrave volumes, this review article attempts to picture how, in a Cambridge environment, Keynes's fragmentary monetary theory of production grew organically out of Marshall's equally fragmentary monetary theory of exchange. The dangers associated with Keynes's...
Persistent link: https://www.econbiz.de/10004964106
fact hinge on production-cost considerations, contrary to the spirit of standard transaction-cost economics. …
Persistent link: https://www.econbiz.de/10005003280
Allyn Young's lectures, as recorded by the young Nicholas Kaldor, survey the historical roots of the subject from Aristotle through to the modern neo-classical writers. The focus throughout is on the conditions making for economic progress, with stress on the institutional developments that...
Persistent link: https://www.econbiz.de/10010616629
Allyn Young′s lectures, as recorded by the young Nicholas Kaldor, survey the historical roots of the subject from Aristotle through to the modern neo‐classical writers. The focus throughout is on the conditions making for economic progress, with stress on the institutional developments that...
Persistent link: https://www.econbiz.de/10014863385
fact hinge on production‐cost considerations, contrary to the spirit of standard transaction‐cost economics.  …
Persistent link: https://www.econbiz.de/10014863511
Persistent link: https://www.econbiz.de/10014863930
Based on Geoffrey Harcourt's Palgrave volumes, this review article attempts to picture how, in a Cambridge environment, Keynes's fragmentary monetary theory of production grew organically out of Marshall's equally fragmentary monetary theory of exchange. The dangers associated with Keynes's...
Persistent link: https://www.econbiz.de/10014863000
Highlights the theory of competition advanced by da Empoli in the late 1920s. The main point is the existence of discontinuities in industrial concerns. This leads to the possibility that prices exceed marginal costs and depend also on ultramarginal costs, a new concept elaborated by da Empoli....
Persistent link: https://www.econbiz.de/10004976602
This paper is a preliminary examination of a recently available translation of Attilio da Empoli’s 1926 Theory of Tax Incidence. This work has remained practically unknown to English readers despite considerable recognition in Italian and German journals. Compares and contrasts da Empoli and...
Persistent link: https://www.econbiz.de/10004976614
Highlights the theory of competition advanced by da Empoli in the late 1920s. The main point is the existence of discontinuities in industrial concerns. This leads to the possibility that prices exceed marginal costs and depend also on ultramarginal costs, a new concept elaborated by da Empoli....
Persistent link: https://www.econbiz.de/10014863911