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In a programmatic article Alfred Eichner explained, from a Post Keynesian perspective, why neoclassical economics is not yet a science. This was some time ago and one would expect that Post Keynesianism, with a heightened awareness of scientific standards, has done much better than alternative...
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. An analytical method is proposed to accomplish this task. The fundamental Marxian problem of the origin of profit is …
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production” and Keynes’s determination order between investment and savings. It leads to a new definition of profit which …
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The work analyses the relations between relative prices, profits and rents. It briefly reviews the main theoretical …
Persistent link: https://www.econbiz.de/10010854267
by their selling prices. The retained profit is the measure of self financed investment (SFI) . At the macroeco …' Treatise on Money), we consider the problem of the retained profit and of its evaluation, both at the macroeco­nomic level and … at the level of each firm. The retained profit is due to the existence of two measures for the commodities: the measure …
Persistent link: https://www.econbiz.de/10011112194
-entry bookkeeping methodology but lacks an acceptable profit theory. In this respect it is not different from familiar approaches …. Clearly, a deficient profit theory prevents a proper understanding of how the real world economy works. The present paper …
Persistent link: https://www.econbiz.de/10011257980
employment) or ‘depth’ (relative profit per employee). In the Israeli case, inflation accelerated since the 1970s when the large …
Persistent link: https://www.econbiz.de/10011644557
The 2023 war between Hamas and Israel elicits many different explanations. As with previous regional hostilities, here too, the pundits and commentators have numerous overlapping processes to draw on - from the struggle between the Zionist and Palestinian national movements, to the deep...
Persistent link: https://www.econbiz.de/10014426865