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Explaining national inequality: the relevance of Marx and the irrelevance of equilibrium

Freeman, Alan - Volkswirtschaftliche Fakultät, … - 2007

This paper was originally presented at the ‘Marxism and Political Economy’ conference called by the International Socialist Journal on Saturday 29th September 2007. A revised version was presented to the Historical Materialism conference on 13th November 2007. It enquires why, although...

Persistent link: https://www.econbiz.de/10005790338

Why Quantitative Marxism?

Freeman, Alan - Volkswirtschaftliche Fakultät, … - 1991

This paper was presented at a special conference of the Conference of Socialist Economists (CSE, publishers of Capital and Class) in 1987, on the topic of Quantitative Marxism. This eventually gave rise to an edited collection (Dunne 1992) in which this paper was developed (Freeman 1992) into a...

Persistent link: https://www.econbiz.de/10011257843

The temporal single-system interpretation: underdetermination and inconsistency

Mohun, Simon; Veneziani, Roberto - Volkswirtschaftliche Fakultät, … - 2009

arguments dispel previous criticisms of the temporal single system interpretation�(TSSI). Indeed the paper confirms the … suggestions of many critics that, as the missing parts of the TSSI theoretical constructs are provided, in particular the Monetary … Expression of Labour Time, the TSSI rests on inconsistency and arbitrary assumptions. …

Persistent link: https://www.econbiz.de/10009001189

The poverty of nations

Freeman, Alan - Volkswirtschaftliche Fakultät, … - 1996

Why, despite unceasing technical advance, do most people live in growing poverty, and why has the inequality between nations increased apparently without limit throughout the history of the world market? Thes two deeply-related (though distinct) problem reduce to the following: how is it that...

Persistent link: https://www.econbiz.de/10005837547

The transformation of values into prices on the basis of random systems revisited: reply to my commentators

Schefold, Bertram - In: Evolutionary and Institutional Economics Review 18 (2020) 1, pp. 317-334

This paper defends The Transformation of Values into Prices on the Basis of Random Systems, published in EIER, by answering to the Comments made in the same journal by Professors Mori, Morioka and Yamazaki. The clarifications mainly concern the justification of the randomness assumptions, the...

Persistent link: https://www.econbiz.de/10014504271

Capital's Pons Asinorum: the Rate of Turnover in Karl Marx's Analysis of Capitalist Valorisation

Passarella, Marco; Baron, Hervé - Volkswirtschaftliche Fakultät, … - 2013

This article aims to shed light on the role played by the ‘rate of turnover’ of capital within the Marxian analysis of the working laws of capitalism. Oddly enough, that concept has been neglected by the most part of Karl Marx’s scholars and exegetes, as is demonstrated proved by the small...

Persistent link: https://www.econbiz.de/10011260395

Labour Values and the Theory of the Firm: Part I: The Competitive Firm

Hagendorf, Klaus - Volkswirtschaftliche Fakultät, … - 2009

This paper is the first part of a Marxian critique of the theory of the firm, focusing on the analysis of labour values. Starting from Adam Smith's example of the deer hunter marginal analysis is introduced, culminating in the derivation of the Labour Value Function as the supply curve of the...

Persistent link: https://www.econbiz.de/10008502745

Costos de transacción, un hallazgo no tan reciente. Aproximaciones a la teoría de los costos de circulación de Karl Marx

Agudelo, German Darío Valencia - Departamento de Economía, Facultad de Ciencias Económicas - 2006

The contributions of the neoinstitutionalist school are recognized today like one of the more important in the economic field; this due that include a range of aspects that are fundamental in the taking of decisions of the companies called Transaction Costs in their economic analysis of the...

Persistent link: https://www.econbiz.de/10008544180

Arbeitswerte und die Theorie der Unternehmung. Teil I: Die Unternehmung unter vollständiger Konkurrenz

Hagendorf, Klaus - Volkswirtschaftliche Fakultät, … - 2009

This paper is the first part of a Marxian critique of the theory of the firm focusing on the analysis of labour values. Starting from Adam Smith's example of the deer hunter, marginal analysis is introduced culminating in the derivation of the Labour Value Function as the supply curve of the...

Persistent link: https://www.econbiz.de/10008550068

Michal Kalecki and Rosa Luxemburg on Marx’s schemes of reproduction: two incisive interpreters of capitalism.

Harcourt, Geoffrey; Kriesler, Peter - School of Economics, UNSW Business School - 2012

Both Rosa Luxemburg and Michal Kalecki utilised Marx’s scheme’s or reproduction as the starting point of their analysis of economic dynamics. However, Luxemburg did not realise that they were not meant to serve as models of capitalist growth, but rather to show that the conditions for stable...

Persistent link: https://www.econbiz.de/10010663565