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This paper contemplates the evolution of Pigou's stance towards the Keynesian Revolution. Preliminarily, a brief contrast between his and Keynes's approach to the problem of unemployment is made. After that, Pigou's first reactions to The General Theory are presented, along with the rejoinder...
Persistent link: https://www.econbiz.de/10005085761
This paper proposes that, in spite of some fundamental invariant aspects, the way of exposition of the Minsky's work … latest and more mature Minsky's contributions. The paper still states this canonical way to be insufficient to treat …
Persistent link: https://www.econbiz.de/10004968502
This paper contemplates the evolution of Pigou´s stance towards the Keynesian Revolution. Preliminarily, a brief contrast between his and Keynes´s approach to the problem of unemployment is made. After that, Pigou´s first reactions to The General Theory are presented, along with the rejoinder...
Persistent link: https://www.econbiz.de/10004988624
The objective of this article is to make a critical evaluation of the controversies about the Cambridge Equation both in the initial phase - when Pasinetti, Kaldor, Meade, Samuelson and Modigliani got involved - and in the second round that followed the publication of Steedman´s article, which...
Persistent link: https://www.econbiz.de/10005784943
Harrod´s model: nature of long term expectations, instability and no linearity The different versions of Harrod´s growth model have always been the subject of controversy and mistaken interpretations: in this paper, we intend to show how Harrod, from 1938 onwards, provides the elements to...
Persistent link: https://www.econbiz.de/10004988657
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