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Financing the capital development of the economy: A Keynes-Schumpeter-Minsky synthesis

Mazzucato, Mariana; Wray, Larry Randall - 2015

This paper discusses the role that finance plays in promoting the capital development of the economy, with particular … economy, was financing itself. At the same time, the capital development of the economy suffered perceptibly. If we apply a … greatest explosion of financial innovation the world had ever seen. Financial fragility grew until the economy collapsed into …

Persistent link: https://www.econbiz.de/10011545297

The rise of money and class society: The contributions of John F. Henry

Semenova, Alla; Wray, L. Randall - 2015

This paper explores the rise of money and class society in ancient Greece, drawing historical and theoretical parallels to the case of ancient Egypt. In doing so, the paper examines the historical applicability of the chartalist and metallist theories of money. It will be shown that the origins...

Persistent link: https://www.econbiz.de/10010513079

Automobile sector in India at the current juncture: Crisis and prospects

Jha, Praveen K.; Mishra, Preksha; Singh, Kamya - 2023

, policymakers and Trade Unions. The impact of the crisis, the subsequent 'recovery' and the future prospects of the sector have been …

Persistent link: https://www.econbiz.de/10014309930

Feminist-Kaleckian macroeconomic policy for developing countries

Seguino, Stephanie; Grown, Caren A. - 2006

macroeconomic and trade policies to promote gender equity. The evidence suggests that while liberalization has expanded women …

Persistent link: https://www.econbiz.de/10010274053

Trade and the skill premium in developing countries: the role of intermediate goods and some evidence from Peru

Mazumdar, Joy; Quispe-Agnoli, Myriam - 2002

The rise in income inequality in developing countries after trade liberalization has been a puzzle for trade theory …

Persistent link: https://www.econbiz.de/10010397437

Joblessness and perceptions about the effectiveness of democracy

Altındağ, Duha; Mocan, H. Naci - 2010

Using micro data on more than 130,000 individuals from 69 countries, we analyze the extent to which joblessness of the individuals and the prevailing unemployment rate in the country impact perceptions of the effectiveness of democracy. We find that personal joblessness experience translates...

Persistent link: https://www.econbiz.de/10010275894

Efficiency invites divide and coercion in the age of increasing returns to scale

Xu, Yongsheng; Yoshihara, Naoki - 2019

In the presence of (at least locally) increasing returns to scale tech- nologies, the paper asks the question: does there exist an economic system which implements Pareto efficient allocations and respects the voluntary participation principle? To answer this question, the paper formulates an...

Persistent link: https://www.econbiz.de/10012388910

Introduction to an alternative history of money

Wray, L. Randall - 2012

Persistent link: https://www.econbiz.de/10010318642

Reflections on the New Deal: The vested interests, limits to reform, and the meaning of liberal democracy

Henry, John F. - 2018

I subject some aspects of Roosevelt's "New Deal" to critical analysis, with particular attention to what is termed "liberal democracy". This analysis demonstrates the limits to reform, given the power of "vested interests" as articulated by Thorstein Veblen. While progressive economists and...

Persistent link: https://www.econbiz.de/10012142952

Price and Production Controls in World War II

Rockoff, Hugh - 1996

The great surge in munitions production in World War II, which reached its peak in 1943, was produced by a building boom launched in 1941 and 1942. Resources were drawn rapidly to war production centers by financial incentives and other personal and corporate motives such as patriotism. This...

Persistent link: https://www.econbiz.de/10010334300

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