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That the economy goes through periods of expansion and recession is obvious. Whether or not this represents endogenously-generated cycles or simply stochastic variation around a trend is, however, a matter of debate. Among mainstream economists, the latter is the predominant position. For Post...
Persistent link: https://www.econbiz.de/10008675823
close to that of the one based on Keynes’ seventy-year old analysis. …
Persistent link: https://www.econbiz.de/10008675826
While sustainable development is a unanimously accepted watchword today, we wish to show that the post Keynesian school, even if it did not emphasize on environmental issues and, generally speaking, on sustainable development as such, has tools that make it relevant on this topic. Indeed, post...
Persistent link: https://www.econbiz.de/10005379185
Keynes. This article reviews his contributions to monetary theory, international economics, aggregate supply theory, and …
Persistent link: https://www.econbiz.de/10005418792
While sustainable development is a unanimously accepted watchword today, we wish to show that the post Keynesian school, even if it did not emphasize on environmental issues and, generally speaking, on sustainable development as such, has tools that make it relevant on this topic. Indeed, post...
Persistent link: https://www.econbiz.de/10005741175
writings of Keynes contain the premises of such a sustainable development. We present his views relatively to the three pillars … of sustainability: ecological, social and financial. Indeed, Keynes’ positions on uncertainty, money, the place of …
Persistent link: https://www.econbiz.de/10005697633
writings of Keynes contain the premises of such a sustainable development. We present his views relatively to the three pillars … of sustainability: ecological, social and financial. Indeed, Keynes’ positions on uncertainty, money, the place of …
Persistent link: https://www.econbiz.de/10005395044
the key area of difference and reflect upon how Keynes himself saw capital accumulation as a means to an end not an end in …
Persistent link: https://www.econbiz.de/10005510552
The purpose of this paper is to illustrate the usefulness of Keynes' approach by modeling it using system dynamics. As …
Persistent link: https://www.econbiz.de/10008675827
we face are systemic. They base this conclusion on theories developed by John Maynard Keynes. This paper attempts to … determine the primary factors creating instability by building and then analyzing a system dynamics model of Keynes’ explanation …
Persistent link: https://www.econbiz.de/10008675832