Showing 1 - 10 of 4,985
disturbing factor of a generally stable real economy (Wicksell, Hayek, Schumpeter, Fisher, and the early Keynes). Thereafter … works of Keynes and the contributions of Minsky are of importance. Lastly, it is looked at the behavioural finance …
Persistent link: https://www.econbiz.de/10010242872
insights of Karl Marx on labor, as well as those of Hyman Minsky on finance. The best way to do this is within a longer …-like, nonmechanical view about long waves, where Minsky's financial Keynesianism is integrated with Marx's focus on capitalist relations … book on Keynes. …
Persistent link: https://www.econbiz.de/10010457216
This paper compares Marx's economics with those by Sraffa, Keynes, Kalecki and Minsky. The paper takes an "ex post … theory of prices and distribution is reviewed. Then the relationship between Marx's and Keynes's monetary theory is examined … attempt is made at studying in a systematic way, if and to what extent Sraffa, Keynes, Kalecki and Minsky were individually …
Persistent link: https://www.econbiz.de/10011994938
Marx's and Keynes's analyses of capitalism complement each other well. In a rather general model including the public …
Persistent link: https://www.econbiz.de/10011954059
The paper analyses in light of Austrian and Keynesian economic theory the impact of conventional and unconventional monetary policies as therapies for financial crises. It compares the financial market stabilization measures of the Federal Reserve System and the European System of Central Banks...
Persistent link: https://www.econbiz.de/10012197673
incommensurabilities between Keynes' monetary production paradigm and the Marxian-Kaleckian social conflict paradigm. This suggests that … that this distinction aligns Keynes' economics with neoclassical (mainstream) economics, as the acceptance or rejection of …
Persistent link: https://www.econbiz.de/10014330958
Marx, Schumpeter, Wicksell, Hayek, Fisher, Keynes, Minsky, and Kindleberger. Subsequently the contributions of the …
Persistent link: https://www.econbiz.de/10010491508
Pluralism in economics appears to be a double-edged sword: we need more than one theory to grasp and explain the entire economic world, yet a plurality of possible explanations undermines the aspiration of the economic discipline to provide 'objective knowledge' in the singular of the 'one world...
Persistent link: https://www.econbiz.de/10012251920
on Keynes's place in its history, suggesting that these stem from a particular and debatable understanding of how the … subdiscipline has evolved. It considers some implications for today's awkward economic facts of aspects of Keynes' General Theory … that the questions about co-ordination that Keynes addressed, not to mention some of his answers, are well worth revisiting …
Persistent link: https://www.econbiz.de/10003868819
Peter Howitt is best known for his contributions to growth theory, but his work in short- run economics, which began with his Ph.D thesis and still continues, is important and deserves attention. It lies firmly in the Keynesian macro-disequilibrium tradition of Clower and Leijonhufvud, and for a...
Persistent link: https://www.econbiz.de/10013371005