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relations of the Keynes’s General Theory. In Section 1 I shall depict the concept of probability and that of the weight of …
Persistent link: https://www.econbiz.de/10011259133
in the project -The return to Keynes. Speculation and stabilization policies: money and commodities- financed by the … Italian Ministry of Education (PRIN 2008). They focus on four main areas of investigation: Keynes’s ideas on speculation, case … studies of Keynes speculative activity in selected commodity markets, measures of commodity price volatility and proposals for …
Persistent link: https://www.econbiz.de/10011259254
much attention here, ascribes such importance to Say‟s Law that he sees it as the point of origin for Keynes‟ General …
Persistent link: https://www.econbiz.de/10011259470
realism. Keynesian economic theories provide perhaps the most obvious alternative. Keynes’ General Theory has been followed by … conceptually limited. Keynes’ critique of neoclassical economic theory and his alternative theories of particularly the effective … the possibility of going beyond Keynes and Kalecki in terms of a general field theory of global political economy that can …
Persistent link: https://www.econbiz.de/10011259591
This paper describes the history of the national accounts starting from the incidental estimates by Petty, King and Davenant in the seventeenth century. The period 1930-1950 was a revolution in terms of the roles and uses of the national accounts, e.g. the discovery of input-output analysis,...
Persistent link: https://www.econbiz.de/10009386722
occupied central importance in the history of economic thought. This paper focuses on Marx and Keynes and argues that Marx … as well as the precise mechanism that leads the economy to its crisis stage. Keynes’s analysis, although sketchy, has … more in common with Marx and Smith than with Ricardo and neoclassical economics. Furthermore, Keynes’s views on effective …
Persistent link: https://www.econbiz.de/10009418516
This paper discusses the relation between law and contingency in the formation of value. It begins from a much-ignored assertion of Marx, repeated throughout his works, that the equality of supply and demand is contingent and their non-equality constitutes their law. This highly complex and...
Persistent link: https://www.econbiz.de/10005789658
is devoted to Keynes (A Treatise on Money). At the end of each step an assessment is made of the use of this term by … these economists with an extension to the relationship between Lowe’s and Keynes’s treatment of their notion of working … between Keynes and the classics (in Marx's sense), in the second. These assessments will eventually converge towards the …
Persistent link: https://www.econbiz.de/10005789852
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
Chapter 12 of Keynes´ General Theory has concepts and analytical links with strong identification with the ones used by … the so-called institutional approaches. This essay emphasises what seems to have been anticipated by Keynes on the …
Persistent link: https://www.econbiz.de/10005837533