This book develops a unified treatment of the income distribution–capital–value problems with respect to actual economies, and then gradually turns to the issues of effective demand and capitalist accumulation fluctuations from both political economy and economic policy perspectives. That...

Chapter 1: Empirical Input–Output Representations and Transmutations of Actual Economies -- Chapter 2: Controllability, Observability and Spectral Post-Construction of the Value Theory -- Chapter 3: The Capital Theory Debate and the Almost Uncontrollability and Unobservability of Actual...

This paper specifies and interprets those direct relations which exist between the dual concepts of complete controllabil-ity/observability (Kalman, 1960), on the one hand, and the con-cept of the regular technique of production (Schefold, 1971), on the other. Specifically, it shows, first, that...