rentiers' interest income in a money/debt-using and demand determined economy. The ultimate objective of this model is to …

This paper argues that the natural rate of unemployment hypothesis, in which equilibrium unemployment is determined by … unemployment is haunted by hysteresis. The curious history of the natural rate hypothesis is considered, curious because the … regarding hysteresis effects on output and unemployment is then reviewed. …

analysing the disequilibrium dynamics of markets in which trade at non-market clearing prices would occur, was not that …

with his Ph.D thesis and still continues, is important and deserves attention. It lies firmly in the Keynesian macro-disequilibrium … tradition of Clower and Leijonhufvud, and for a long time has been overshadowed by New-classical and New-Keynesian orthodoxy …. However, the development of agent based modelling and behavioural economics will perhaps give disequilibrium macroeconomics a …

with his Ph.D thesis and still continues, is important and deserves attention. It lies firmly in the Keynesian macro-disequilibrium … tradition of Clower and Leijonhufvud, and for a long time has been overshadowed by New-classical and New-Keynesian orthodoxy …. However, the development of agent based modelling and behavioural economics will perhaps give disequilibrium macroeconomics a …

This paper proposes a theory of the mark-up that is embedded in a circuit model of the capitalist mode of production …. The model and the theory are built on Keynes's principle of effective demand, Graziani's monetary theory of production and … bank credit and the macro-players' propensities to accumulate money in a bank account. …

This paper proposes a theory of the mark-up that is embedded in a circuit model of the capitalist mode of production …. The model and the theory are built on Keynes's principle of effective demand, Graziani's monetary theory of production and … bank credit and the macro-players' propensities to accumulate money in a bank account. …

This paper proposes a theory of the mark-up that is embedded in a circuit model of the capitalist mode of production …. The model and the theory are built on Keynes's principle of effective demand, Graziani's monetary theory of production and … rentability of bank credit and the macro-players' propensities to accumulate money in a bank account. …