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EDUCATION, GROWTH AND DISTRIBUTION: CLASSICAL-MARXIAN ECONOMIC THOUGHT AND A SIMPLE MODEL
Dutt, Amitava Krishna; Veneziani, Roberto - In: Cahiers d’économie politique / Papers in Political … (2011) 61, pp. 157-186
This paper examines the interaction between education, growth and distribution from a classical-Marxian perspective. It first briefly examines classical-Marxian ideas on the relation between education and growth and income distribution. Drawing on these ideas to the extent that they are relevant...
Persistent link: https://www.econbiz.de/10009371099
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The temporal single-system interpretation: underdetermination and inconsistency
Mohun, Simon; Veneziani, Roberto - Volkswirtschaftliche Fakultät, … - 2009
arguments dispel previous criticisms of the temporal single system interpretation�(TSSI). Indeed the paper confirms the … suggestions of many critics that, as the missing parts of the TSSI theoretical constructs are provided, in particular the Monetary … Expression of Labour Time, the TSSI rests on inconsistency and arbitrary assumptions. …
Persistent link: https://www.econbiz.de/10009001189
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"Keynes after 75 Years: Rethinking Money as a Public Monopoly"
Wray, L. Randall - Levy Economics Institute - 2011
which money is neutral, at least in the long run; and the Marx-Veblen-Keynes approach, or the monetary theory of production …In this paper I first provide an overview of alternative approaches to money, contrasting the orthodox approach, in …. I then focus in more detail on two main categories: the orthodox approach that views money as an efficiency …
Persistent link: https://www.econbiz.de/10008868035
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Keynes after 75 years: Rethinking money as a public monopoly
Wray, L. Randall - 2011
which money is neutral, at least in the long run; and the Marx-Veblen-Keynes approach, or the monetary theory of production …In this paper I first provide an overview of alternative approaches to money, contrasting the orthodox approach, in …. I then focus in more detail on two main categories: the orthodox approach that views money as an efficiency …
Persistent link: https://www.econbiz.de/10010286499
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Reply
Moseley, Fred - In: International journal of political economy : a journal … 46 (2017) 1, pp. 43-49
Persistent link: https://www.econbiz.de/10011786617
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Value, price and exploitation : the logic of the transformation problem
Mohun, Simon; Veneziani, Roberto - 2017
This paper tries to clarify the logical structure of the relationship between labour values and prices from an axiomatic perspective. The famous 'transformation problem' is interpreted as an impossibility result for a specific interpretation of value theory based on specific assumptions and...
Persistent link: https://www.econbiz.de/10011596404
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Profits and Exploitation: A Reappraisal
Yoshihara, Naoki; Veneziani, Roberto - Institute of Economic Research, Hitotsubashi University - 2011
This paper provides a mathematical analysis of the Marxian theory of the exploitation of labour in general equilibrium … preserve the FMT in general convex economies, in equilibrium. …
Persistent link: https://www.econbiz.de/10009019941
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A future for (analytical) Marxism?
Veneziani, Roberto - Volkswirtschaftliche Fakultät, … - 2006
Andrew Levine analyses the theoretical legacy of recent Marxist schools, focusing in particular on analytical Marxism (AM). He argues that AM is uniquely suited to provide the foundations for a revival of Marxist theory. In this paper, Levine’s reconstruction of the core of Marxism and his...
Persistent link: https://www.econbiz.de/10009021700
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"Is There Room for Bulls, Bears, and States in the Circuit?"
Wray, L. Randall - Levy Economics Institute - 2011
John Maynard Keynes's liquidity preference theory, Kregel argued that such rejection leaves the relation between money and … requires an extension of the circuit theory of money, along the lines of the credit and state money approaches of modern …
Persistent link: https://www.econbiz.de/10009395384
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Is there room for bulls, bears, and states in the circuit?
Wray, L. Randall - 2011
Maynard Keynes's liquidity preference theory, Kregel argued that such rejection leaves the relation between money and capital … an extension of the circuit theory of money, along the lines of the credit and state money approaches of modern …
Persistent link: https://www.econbiz.de/10010286517