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This paper compares Marx's economics with those by Sraffa, Keynes, Kalecki and Minsky. The paper takes an "ex post … influenced by Marx's work. First, the relationship between Marx's theory of value and Sraffa's reformulation of the classical … attempt is made at studying in a systematic way, if and to what extent Sraffa, Keynes, Kalecki and Minsky were individually …
Persistent link: https://www.econbiz.de/10011997039
This paper compares Marx's economics with those by Sraffa, Keynes, Kalecki and Minsky. The paper takes an 'ex post … influenced by Marx's work. First, the relationship between Marx's theory of value and Sraffa's reformulation of the classical … is made to study in a systematic way whether and to what extent Sraffa, Keynes, Kalecki and Minsky were individually …
Persistent link: https://www.econbiz.de/10014363354
This paper compares Marx's economics with those by Sraffa, Keynes, Kalecki and Minsky. The paper takes an "ex post … influenced by Marx's work. First, the relationship between Marx's theory of value and Sraffa's reformulation of the classical … attempt is made at studying in a systematic way, if and to what extent Sraffa, Keynes, Kalecki and Minsky were individually …
Persistent link: https://www.econbiz.de/10011994938
Persistent link: https://www.econbiz.de/10013277469
literature, as having a ‘special role’ as an engine of growth. This article examines Marx’s approach to manufacturing, and the … extent to which manufacturing could be considered to have a special place in Marx’s economic thinking, especially in relation …-Marxian heterodox economics concerning the special properties of manufacturing may actually be found in Marx’s texts. The important …
Persistent link: https://www.econbiz.de/10008506831
and on the opportunity to recover the alternative approach of classical economists and Marx. Vernon Smith is certainly … right to insist on the heuristic force of the classical concept of "price discovery". However, his interpretation of the … classical theory of prices remains in many respects undetermined, unless it is clearly anchored to Sraffa. …
Persistent link: https://www.econbiz.de/10014230981
Karl Marx's magnum opus, Das Kapital, presents an analysis of the long run dynamics of a mature capitalist economy. The …
Persistent link: https://www.econbiz.de/10011788915
Karl Marx's magnum opus, Das Kapital, presents an analysis of the long run dynamics of a mature capitalist economy. The …
Persistent link: https://www.econbiz.de/10011721991
The use of equilibrium models in economics springs from the desire for parsimonious models of economic phenomena that … so, extolling the virtues of equilibrium theory; then we present a critique and describe why this approach is inherently …’t be a question of dogma, but should be resolved empirically. There are situations where equilibrium models provide useful …
Persistent link: https://www.econbiz.de/10004976721
Sraffa's Production of Commodities. As neither the Smithian labour commanded unit nor the Ricardian-Marxian labour embodied … or the aims of Piero Sraffa's theoretical framework. In the final part, a general solution based on net labour …
Persistent link: https://www.econbiz.de/10012157021