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The purpose of this article is to provide a post-keynesian analytical framework for evaluating the impact of minimum wages on employment. After describing briefly the post-keynesian macroeconomic theory of the labour market, emphasis is then placed on the critical second-round productivity...
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The author traces the various stages in the development of a viable measure of the net product. Beginning with Petty's seminal exposition of the problem, the paper then analyzes the Physiocratic fixed-price composite-commodity measure, the Smith-Keynes 'labour command' approach, and the...
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Keynes visited Ottawa in August 1944. He described in a letter his view of the Canadian political situation, in particular with respect to the conscription problem which was then raging. This view appears to have been strongly biased. Keynes s’est rendu en visite à Ottawa, au mois d’août...
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Elements of a Post-Classical Synthesis In the first part of the paper the presuppositions of the neoclassical research program are opposed to the presuppositions of the post-classical research program: the former are instrumentalism, individualism, substantive rationality and scarcity; the...
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