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[eng] Value and contracts in light of turgot [1769]. . From a reexamination of « Valeurs et monnaies », this paper evolves two the­sis. The first upholds that the natural contract theory, displayed in the beginning of « Valeurs et monnaies » by Turgot, contains the canonical model of value...
Persistent link: https://www.econbiz.de/10008625423
[eng] The principle of matter conservation in the harrod-domar growth model. . This paper uses the Harrod-Domar model to analyse the implications of the law of mass conservation. The natural environment is assumed to supply raw materials to the economy and to absorb the non-recycled part of the...
Persistent link: https://www.econbiz.de/10008622702