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Until recently, the name of Wolfgang Mühlpfordt (1872-1928) was certainly not among those a theoretical economist was expected to know. Mühlpfordt has now been rehabilitated not only in the Cambridge Journal of Economics (Howard and King: 1987 and Gilibert:1991), but also in the German...
Persistent link: https://www.econbiz.de/10008545977
This article will be a contribution to that discussion from a historical point of view. It is shown that the correct mathematical treatment of the transformation between values and prices can already be found in the works of the unknown German economist Wolfgang Mühlpfordt. His writings...
Persistent link: https://www.econbiz.de/10008623483
provide a framework for predicting an annual steady state rate of growth for the United States falling between 3.4969% and 3 … rate of growth predicted to between 3.4969% and 3.4973% per year correlating closely with the 3.4971% rate for annualized …
Persistent link: https://www.econbiz.de/10011260269
This volume – Predicting Crisis: Five Essays on the Mathematic Prediction of Economic and Social Crises – is the first of three sets of essays. In this first set the economic and social history of the United States is shown to be a “system of movement,” i.e. a logical and mathematic...
Persistent link: https://www.econbiz.de/10011260672
five markets (of factors and goods) as well as the volumes of output, consumption and international trade are all … wages, employment and consumption decrease in the South, and its terms of trade and real revenues worsen. This is traced to … the negative impact of increased resource exports on the domestic terms of trade between the traditional and the …
Persistent link: https://www.econbiz.de/10005789767
This article, presented to the Annual Conference of the History of Economics Society, Vancouver July 1996, gives a historical analysis of the origins of the general equilibrium or comparative static approach and demonstrates that economic thought as a whole is divided, in each of its schools of...
Persistent link: https://www.econbiz.de/10005790444
evaluating the impact of development aid on economic growth. …
Persistent link: https://www.econbiz.de/10011261074
This is a pre-publication version of a full-length review of Kuhn, R. (2007) Henryk Grossman and the Recovery of Marxism. Urbana and U of Illinois. Please cite as Freeman, A. 2008. ‘The Discontents of Marxism’. Debatte, 16 (1), April 2008 pp. 122-131
Persistent link: https://www.econbiz.de/10011258894
In this paper, the relationships between individual income and ethics formation are studied. Our theoretical model explains what happens to individual incomes when a culture encourages people to devote life-time efforts to establish a virtuous character. Two propositions emerged from the present...
Persistent link: https://www.econbiz.de/10008728073
A problem of existence and characterization of solutions of optimal growth models in many sector economies is studied … different dates of the planning period. The optimization b rattrirted to a set of admissible growth paths defined by production …
Persistent link: https://www.econbiz.de/10005621632