with the difficult task of providing explanations of the business cycle consistent both with the traditional theory of … income distribution and with the empirical evidence concerning the co-movements of real wages and employment over the cycle …. The attempts to reconcile facts and theory have led to the continuous introduction of specific and arguably ad hoc …

rising real income; the author's over- and under-interpretation of Ricardo’s theory on international trade based on …Profit as rent: Some remarks about a pro-capitalist theory of development This study discusses several of the economic …

Based on the savings glut argument, proposed a new point of view that unlike the neoclassical and Keynesian, and on … the economic disconnection between theory and reality is rooted in not distinguish the difference between real investment … demand and monetary investment demand. There is the savings glut, from the real economy,this is the main cause for the …