In the history of economic thought Post Keynesianism offers a different inter-pretation of John Maynard Keynes’s General Theory than what is known as mainstream Keynesianism. And at least in the Paul Davidson tradition of Post Keynesianism a direct connection to the writings of Keynes is...

Som en god repræsentant for mainstream opfattelsen i den klassiske økonomi hævdede David Ricardo indtil sin tredje udgave af sin Principles fra 1821, at en øget maskinanvendelse var til gavn for alle klasser i samfundet. Men i 1821 skifter Ricardo opfattelse. I kapitlet On Machinery...

The fishing fleet and the component parts of effort and production can be de-scribed and analysed in different ways. As an example, the fishing fleet can be described using a list of different production function specifications. These pro-duction functions will in this paper be estimated using...

Med mellemrum blusser diskussion om den økonomiske fagdisciplins videnskabelighed op. Er main stream tankegangen nu tilstrækkelig nuanceret i sit indhold og sin approach til at kunne fange og på relevant vis belyse de væsentligste forekomne økonomiske fænomener? På den ene side vokser...

Media markets recently have been identified as multisided markets. The application of the theory of multisided markets provides a better understanding of such markets. It enriched the hitherto economic approach and led to new insights and perspectives especially for the antitrust authorities...

An ecosystem approach means different things to different people. As a result the concept of ecosystem-based fishery management is evolving and it has no universal definition or consistent application. As regards ecosystem modeling, most economic models of fishery ignore the linkages to lower...

Mens moderne mainstream makroteori – ny-klassisk som ny-keynesiansk – begge gør brug af den samme metodologi, giver den post keynesianske tænkning et alternativ hertil. Med sit fokus på ’path dependency’ udvikler og forandrer det økonomiske set up sig over tiden. Nye institutioner...

Standard welfare analysis of horizontal mergers usually refers to two effects: the anticompetitive market power effect reduces welfare by enabling firms to charge prices above marginal costs, whereas the procompetitive efficiency ef-fect increases welfare by reducing the costs of production...

This paper analyses how the distribution of land property rights affects industrial takeoff and aggregate income through the demand side. We study a stylized economy composed of two sectors, agriculture and manufacturing. The former produces a single subsistence good while the latter is...