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This paper takes off from Jan Kregel's paper "Shylock and Hamlet, or Are There Bulls and Bears in the Circuit?" (1986), which aimed to remedy shortcomings in most expositions of the "circuit approach". While some "circuitistes" have rejected John Maynard Keynes's liquidity preference theory,...
Persistent link: https://www.econbiz.de/10009523597
This research note performs some limited empirical assessments of the Baran and Sweezy (1966) contention that most research and development (R&D) efforts in the US are “wasted” at the macroeconomic level in that as R&D succeeds by absorbing a little of the excess economic surplus generated...
Persistent link: https://www.econbiz.de/10012909586
Persistent link: https://www.econbiz.de/10013023068
discussed. This article presents the English translation of a section of a textbook on political economy of socialism published … are proportional to labour values. This does not only apply to socialism but also to perfect competition economies as here …
Persistent link: https://www.econbiz.de/10013072191
The aim of the article is to analyze two perspectives of contemporary Marxism and to understand which values are defended when distributive polices are involved. In rational choice Marxism, freedom needs equality, and depends on justice assumptions; instead, in classical Marxism, liberty needs...
Persistent link: https://www.econbiz.de/10014222374
Mises. It reconstructs his approach against socialism, his works on liberalism, and finally his contribution to moral theory. …
Persistent link: https://www.econbiz.de/10011786659
This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of household behavior. It shows that the goal of evolutionary economics is to improve upon neoclassical economics by incorporating more realistic and empirically grounded...
Persistent link: https://www.econbiz.de/10010390070
This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of household behavior. It shows that the goal of evolutionary economics is to improve upon neoclassical economics by incorporating more realistic and empirically grounded...
Persistent link: https://www.econbiz.de/10010390395
The fundamental problem in the field of technology studies is how technology evolves and sustains economic change in … technology in human societies. Technological host-parasites coevolution is a mutual symbiotic relationship between a host … technology and associated technologies directed to satisfy needs and/or to solve problems of human beings. To explore the …
Persistent link: https://www.econbiz.de/10014032744
Persistent link: https://www.econbiz.de/10001237834