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Keynes’s thoughts on capitalism are analysed by focusing on what he wrote on the topic, using the Collected Writings, taken as a whole, together with some unpublished material to tackle three issues: what Keynes meant by capitalism; the fragility of capitalism; and the morality of capitalism....
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than the simple version usually told: the theory changed in ways that meant that, though its immediate relevance might be … theory played an important role in the fate of secular stagnation …
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This note reviews the changes Samuelson made to the family tree of economics between the 4th and 11th editions of his textbook Economics in relation to the book's changing coverage of the history of economic thought. Of particular interest are the development from "neoclassical synthesis" to...
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This paper presents the story of the attempts made by Hans Apel, after a Professor at Bridgeport University, to defend academic freedom through strengthening the right of instructors to choose their own textbooks. The story began when his university was attacked and threatened with losing...
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Paul Samuelson is renowned as a debunker of Alfred Marshall. This chapter reviews his assessments of Marshall. It concludes that, although the conventional view is correct, it is important also to recognise that Samuelson considered Marshall to have been a great economist, albeit one who could...
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the Moral Philosopher: Confronting the Challenges to Capitalism -- 4. Keynes the Physician: Developing a Theory of a …
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