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Throughout his too brief career, David Gordon made many contributions to economics. His social structure of accumulation model sought to explain the economic performance of the US based upon whether institutional structures are conducive to profitability and growth. His work in labour economics...
Persistent link: https://www.econbiz.de/10009205435
This paper discusses some of the key contributions of John Kenneth Galbraith to economics and puts them into an historical context. It argues that the work of Galbraith should be recognized as making major contributions to the Post Keynesian paradigm. His work expands on the contributions made...
Persistent link: https://www.econbiz.de/10005484676
Galbraith's principal theoretical contribution is foreshadowed in American capitalism and unfolds more clearly into view in his trilogy The Affluent Society, The New Industrial State and Economics and the Public Purpose. His thesis is that the economic ideas that once explained a world of...
Persistent link: https://www.econbiz.de/10005484689
This paper examines the major economic contributions of Amartya Sen. Sen's contributions fall into three main areas: a philosophical critique of traditional economic assumptions, an attempt to build a more realistic economic science based on the notion of entitlements and human capabilities, and...
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