Showing 1 - 10 of 14
The present paper on the now partly well known Russian mathematician and amateur economist v. Charasoff was originally written in 1987 together with H. Duffner three years after Charasoff's remarkable contribution of 1910 Das System des Marxismus (The system of Marxism) had been rediscovered by...
Persistent link: https://www.econbiz.de/10010333506
The present paper on the now partly well known Russian mathematician and "amateur economist" v. Charasoff was originally written in 1987 together with H. Duffner three years after Charasoff's remarkable contribution of 1910 "Das System des Marxismus" (The system of Marxism) had been rediscovered...
Persistent link: https://www.econbiz.de/10009763957
The present paper on the now partly well known Russian mathematician and “amateur economist” v. Charasoff was originally written in 1987 together with H. Duffner three years after Charasoff’s remarkable contribution of 1910 “Das System des Marxismus” (The system of Marxism) had been...
Persistent link: https://www.econbiz.de/10010902039
This article challenges the notion that the modern general equilibrium theory of Arrow-Debreu is a rigorous formulation of neoclassical economics and that, by contrast, Sraffian and Marxian economics are not compatible with it. It shows that the standard Arrow-Debreu assumptions regarding the...
Persistent link: https://www.econbiz.de/10004968709
This paper is the first part of a Marxian critique of the theory of the firm, focusing on the analysis of labour values. Starting from Adam Smith's example of the deer hunter marginal analysis is introduced, culminating in the derivation of the Labour Value Function as the supply curve of the...
Persistent link: https://www.econbiz.de/10008502745
<em>Marx in the matrix. L’algebra del "lavoro vivo"</em> - This paper provides a general overview on the recent interpretations of Marx’s analysis of value, money and income distribution. The paper is organized as follows. Section 1 introduces the original Marxian formulation of labour theory of...
Persistent link: https://www.econbiz.de/10008504112
<em>Marx in the matrix, ovvero Marx tra il "circuito monetario" e Sraffa. Un commento a Passarella</em> - This paper shows that it is possible to develop Marx’s categories of new value and surplus value in a consistent model of competitive prices such as Sraffa’s model. In particular, Marx’s theory...
Persistent link: https://www.econbiz.de/10008504120
This paper is the first part of a Marxian critique of the theory of the firm focusing on the analysis of labour values. Starting from Adam Smith's example of the deer hunter, marginal analysis is introduced culminating in the derivation of the Labour Value Function as the supply curve of the...
Persistent link: https://www.econbiz.de/10008550068
The law of value as the foundation of the prices - This article shows that the law of value is axiomatic and constitutes the necessary foundation of the prices of production. Giving up this foundation means to break with the self-found principle of science, to abandon the unifying principle of...
Persistent link: https://www.econbiz.de/10008497796
This paper uses the mode of production of the hunter-gatherers as a background to explain basic economic concepts, in particular the meaning of the labour theory of value and it's relationship to optimization of resources. A proof of the marginal value theorem is presented. A new term is...
Persistent link: https://www.econbiz.de/10005089356