This article examines the influence of income distribution in the determination of effective demand in the US. A simple model is developed to simulate the effects of changing income inequality on the aggregate propensity to consume. The simulation results illustrate that income inequality has a...

A theoretical synthesis of endogenous money and liquidity preference is not possible so long as the latter is recognized as a theory of the demand and supply of money. A key step toward the reconcilement of the two theories is a revival of the original version of Keynes's theory, which appeared...

The credit default swap (CDS) is implicated in the global financial crises because a vast market for securities collateralized by subprime mortgages and consumer debt could not have materialized if hedge funds and other holders of these instruments lacked a means of hedging default "risk." The...

While documents librarians are generally familiar with document usage through their circulation statistics, they have no idea of how publications are being accessed online. The University of Denver has developed a system for tracking online document access. By redirecting every URL in their OPAC...

Purpose – The authors believe that corporate culture, if correctly aligned with the external environment, is the key to long‐term organizational success. The paper aims to explain how CEOs can take an abstract concept like culture, visualize it, and take steps to harness its power to create...