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This paper compares Marx's economics with those by Sraffa, Keynes, Kalecki and Minsky. The paper takes an "ex post … attempt is made at studying in a systematic way, if and to what extent Sraffa, Keynes, Kalecki and Minsky were individually … influenced by Marx's work. First, the relationship between Marx's theory of value and Sraffa's reformulation of the classical …
Persistent link: https://www.econbiz.de/10011997039
This paper compares Marx's economics with those by Sraffa, Keynes, Kalecki and Minsky. The paper takes an 'ex post … is made to study in a systematic way whether and to what extent Sraffa, Keynes, Kalecki and Minsky were individually … influenced by Marx's work. First, the relationship between Marx's theory of value and Sraffa's reformulation of the classical …
Persistent link: https://www.econbiz.de/10014363354
This paper compares Marx's economics with those by Sraffa, Keynes, Kalecki and Minsky. The paper takes an "ex post … attempt is made at studying in a systematic way, if and to what extent Sraffa, Keynes, Kalecki and Minsky were individually … influenced by Marx's work. First, the relationship between Marx's theory of value and Sraffa's reformulation of the classical …
Persistent link: https://www.econbiz.de/10011994938
This note looks into the issue of whether or not Sraffa had any significant influence on Keynes’s thinking in the … reason to surmise that Sraffa may have pointed Keynes to a way of escape from the traditional conception of the rate of … interest, a line of thought which Keynes developed into the liquidity preference explanation of interest on money. …
Persistent link: https://www.econbiz.de/10005677846
This is a proposal to restate the theory of capital along critical Marxian lines aimed at providing a better integration of the theory of capital with the theory of money and finance. The time value of money must be properly accounted for. An analytical method is proposed to accomplish this...
Persistent link: https://www.econbiz.de/10011259280
This essay provides a critical Marxist reformulation, internal to the cultural tradition of Western Marxism, of Marx …’s theoretical treatment of value and capital. It implies the abandonment of the ‘pure’ labour theory of value of the young Marx in … Marx, after his epistemological break described by Althusser. The accounting practice of defining and measuring income and …
Persistent link: https://www.econbiz.de/10011259412
which both labour and capital are directly productive. The guidelines of an analytical method are proposed. Marx’s ‘monetary … author, a critical Marxist, develops the trace provided by Marx in his Grundrisse ’Fragment on Machines’, where he pointed …
Persistent link: https://www.econbiz.de/10011259439
theoretical. We are referring here to the birth, development and decline of a research project that had assumed Sraffa’s book … Sraffa’s theory as an "open" scheme enabled it to produce a theoretical core having multiple derivations (both Keynesian and … Sraffa’s theory as an "open" scheme, as a factor that deprived the study of economics of the solid anchor of equilibrium …
Persistent link: https://www.econbiz.de/10010643315
theory is ultimately based on Sraffa’s worldview: “The connection of [my] work with the theories of the old classical … presented by modern theory of a one-way avenue that leads from ‘Factors of production’ to ‘Consumption goods’.” (Sraffa, 1960 … a sharp distinction between the two theoretical traditions, we call this criterion "Sraffa’s Guillotine". Based on …
Persistent link: https://www.econbiz.de/10009643195
constituted Freeman’s response to an initial critique by Laibman of the Temporal Single System Interpretation (TSSI) of Marx …
Persistent link: https://www.econbiz.de/10005835556