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Quaas, Friedrun; Quaas, Georg - 2015

Die Austrian Business Cycle-Theorie behauptet, dass am Anfang eines konjunkturellen Aufschwungs eine kreditfinanzierte Überinvestition stattfindet, die (in der Version Garrisons und in Anlehnung an von Mises) eventuell von einer Überkonsumtion begleitet wird. Beiden Varianten liegt die...

Persistent link: https://www.econbiz.de/10011348170

Karl Marx: An early post-Keynesian? A comparison of Marx's economics with the contributions by Sraffa, Keynes, Kalecki and Minsky

Hein, Eckhard - 2019

This paper compares Marx's economics with those by Sraffa, Keynes, Kalecki and Minsky. The paper takes an "ex post … attempt is made at studying in a systematic way, if and to what extent Sraffa, Keynes, Kalecki and Minsky were individually … influenced by Marx's work. First, the relationship between Marx's theory of value and Sraffa's reformulation of the classical …

Persistent link: https://www.econbiz.de/10011997039

Karl Marx's thoughts on functional income distribution - a critical analysis

Herr, Hansjörg - 2018

Keynes, following the tradition of Marx, argued that all values are created by labour and profits. However, functional income distribution between wages and profits is explained differently. In Marx's explanation of functional income distribution, wages are given as a basket of goods needed for...

Persistent link: https://www.econbiz.de/10011807013