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This paper compares Marx's economics with those by Sraffa, Keynes, Kalecki and Minsky. The paper takes an "ex post" view on the matter and rather looks at the output side of the respective authors, but not at the input side. This means no attempt is made at studying in a systematic way, if and...
Persistent link: https://www.econbiz.de/10011994938
This paper surveys some of the quantitative empirical research in two areas of Marxist political economy: (a) Marxist national accounts, and (b) Marxist responses to the Sraffa-based critique of the 1970s. With respect to the first area, this paper explains the basic methodology underlying the...
Persistent link: https://www.econbiz.de/10010501240
discipline cannot be expected to trigger this transformation by itself (i.e. via self-regulation), since the 'market for economic …
Persistent link: https://www.econbiz.de/10011799756
This paper compares Marx's economics with those by Sraffa, Keynes, Kalecki and Minsky. The paper takes an "ex post" view on the matter and rather looks at the output side of the respective authors, but not at the input side. This means no attempt is made at studying in a systematic way, if and...
Persistent link: https://www.econbiz.de/10011997039
After the global financial crisis, hopes were high that there would be a pluralisation of the economics discipline and a boost for heterodox economics that challenged dominant economic models. However, mainstream economics once again proved its enormous resilience and the future of alternatives...
Persistent link: https://www.econbiz.de/10013348844
This paper compares Marx's economics with those by Sraffa, Keynes, Kalecki and Minsky. The paper takes an 'ex post' view on the matter and looks at the output side of the respective authors, but not at the input side. This means no attempt is made to study in a systematic way whether and to what...
Persistent link: https://www.econbiz.de/10014363354
El presente texto pretende establecer si, realmente, el pasado declive financiero representa una “crisis” en la ciencia económica. Se analiza la importancia de la predicción tanto para la ciencia de la economía como para su profesión. Finalmente, hace un recorrido sobre la posibilidad y...
Persistent link: https://www.econbiz.de/10014162242
During 2021 and 2022 many news media outlets have been reporting that millions of workers in the US have been quitting their jobs in record numbers. In a global economy rebounding from the economic downturn caused by the Covid-19 outbreak and demanding more workers, a high rate of resignations...
Persistent link: https://www.econbiz.de/10014078992
After the global financial crisis, hopes were high that there would be a pluralisation of the economics discipline and a boost for heterodox economics that challenged dominant economic models. However, mainstream economics once again proved its enormous resilience and the future of alternatives...
Persistent link: https://www.econbiz.de/10013342167
When it comes to the British Industrial Revolution of the 18th Century, much of the mainstream economics literature has tended to focus on how property rights, limitations on the crown or government, and changes in agricultural and manufacturing techniques have caused a great transformation in...
Persistent link: https://www.econbiz.de/10014242538