Theory ; Income ; Profit ; Distributed Profit ; Money ; Flow ; Residual ; Transaction Matrix ; General Complementarity …

Efficient progress of the monetary theory of production (MTP) is hampered by an unsatisfactory account of how profit …

income and profit explicitly into account. The axioms in combination with the conditions of market clearing, budget balancing … and initial zero profit determine all measurable variables objectively. It is the purpose of the present paper to formally …

real analysis misses economic reality. The specific result is that rent is a misnomer for the distributed profit of the …

The equalization of profit rates as the outcome of free competition is one of the oldest tenets in theoretical … a theory is one thing; to prove it is another.' First of all a consistent concept of profit is required. In the present … paper the structural axiom set is taken as premise. Thereof the determinants of profit and the profit ratio follow. This …

consistently failed to clarify the nature and magnitude of overall profit. No economist, though, would deny that profit is an …

Efficient progress of the monetary theory of production (MTP) is hampered by an unsatisfactory account of how profit …