Search models devoted to money theory greatly help in solving some unsettled problems mainly because they deal explicitly with the organisation of transactions and with the way individual agents meet and bargain. The purpose of this paper is to try to assess their importance for the general...

The purpose of this paper is to confront accounting and economic theory and to discuss some basic points such (i) the relation between capitalism and double-entry book-keeping (ii) the congruence between mainstream economic theory and accounting principles (iii) the relation between stocks and...

AL explixar el mercado a partir de la institución monetaria y no al revés, como es costumbre en los economistas, este artículo ofrece una nueva visión para comprender la naturaleza del dinero, las condiciones de viabilidad de la sociedad de mercado, el origen y control de las crisis...

From its constitution in the 17th century as the discipline of quantitative social relations, economics has tried to be a science similar to that of natura and for that reason, for some people, it appears as a “hard science.” To reach this goal, theoretic economists sought to build a natural...

G. Duménil et D. Lévy soulignent le rôle du taux de profit dans la dynamique du capitalisme. Ils affirment réhabiliter l'économie classique et, en même temps, proposer une nouvelle interprétation de l'histoire économique américaine. Notre commentaire porte uniquement sur l'aspect...

The purpose of this article is to show that money is not an entity but hic et nunc a genuine mode of circulation associated with a genuine social organisation. Criticising money hypostasis may help to to: (i) elucidate the ambivalence of monetary relations in our modern society (equivalence and...

This paper attempts to evaluate the consistency of the theoretical propositions inherent in the main concepts of Marx's theory of exchange and surplus-value. The principal contention is that an internal criticism of Marx's theory leads one to restate it in a different framework. This framework,...

The opposition between productive activity (agriculture) and unproductive ones (the others) underlies the Tableau economique. Smith borrows Quesnay's theory of production but deeply transforms it into a distinction between productive and unproductive labour. In any case, it seems quite natural...

The article develops the hypothesis according to which modern theory of prices fails to prove that the prices achieved in a situation of competitive equilibrium are actually market prices. The authors begins from the two main results of the modern theory of prices, the existence of prices of...