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temporal evolution of its parameters. This alternative view reinstates the notion which Marshall and Walras sought to extirpate …
Persistent link: https://www.econbiz.de/10005621983
aggregierten Analyse zum Gegenstand. Die Überlegungen bauen auf den Schriften von Alfred Marshall (1842-1924) und John Maynard … Keynes (1883-1946) auf. …
Persistent link: https://www.econbiz.de/10005649755
Keynes-Tinbergen controversy, it is argued that Keynes' criticism comprises the "Lucas critique," and that it is misleading …'s approach to the extreme and neglects the possibility of slowly changing structures, as conceived by Marshall. The position is …
Persistent link: https://www.econbiz.de/10005649780
factors under a ceteris paribus clause. This view, which goes back to Alfred Marshall (1842-1924), is developed in the first … implicit in Keynes' writings but has been neglected more recently. It is argued that macroeconomic models are more stable and …
Persistent link: https://www.econbiz.de/10005518224
This paper discusses the relation between law and contingency in the formation of value. It begins from a much-ignored assertion of Marx, repeated throughout his works, that the equality of supply and demand is contingent and their non-equality constitutes their law. This highly complex and...
Persistent link: https://www.econbiz.de/10005789658
Alfred Marshall’s methodological essay, “The Present Position of Economics” (1885). The radicalapproach identifies the … world. Marshall’s methodology places the relationship between theory and empiricaltools on center stage. In North America …
Persistent link: https://www.econbiz.de/10009475548
We examine Ralph W. Souter's defence, in the 1930s, of Marshall's Principles against Robbins' attempt to recast … economics as a 'purely formal science of implications'. Souter elaborated on Marshall's invocations progressively to increase … the realism of economic science and contrasted this perspective on Marshall with Robbins' atomistic bias, neglect of …
Persistent link: https://www.econbiz.de/10009480712
Entry for the Elgar Companion to Alfred Marshall, edited by Tiziano Raffaelli, Marco Dardi, and Giacomo Becatini …
Persistent link: https://www.econbiz.de/10010427403
This note comments briefly on Mehdad Vahabi's article on Alfred Marshall's concept of "Normal Value." It points out, in … particular, the relationship between normality and equilibrium in the context of Marshall's moving equilibrium method. …
Persistent link: https://www.econbiz.de/10010427422
Persistent link: https://www.econbiz.de/10003592744