Showing 1 - 10 of 102,384
-tural theoretical framework presented in chapter three. Regarding the theoretical framework Michael Heinrich's interpretation of 'the …' Marxian monetary theory of value will be presented. Heinrich identifies connections between production and realization … aspects' of Marx's Critique of the Political Economy, explana-tory deficits of Heinrich's approach are analyzed. In the …
Persistent link: https://www.econbiz.de/10012063855
[Part I] This volume focuses on nationality's efficacy in much of world affairs, and on the background and current issues surrounding global crisis. As one of the most famous Marxist revolutionaries, Rosa Luxemburg vigorously promoted her own conceptions, often opposing Lenin, her contemporary....
Persistent link: https://www.econbiz.de/10011193718
Why, since the mid-1980s, have so many European governments decided fiscally to support the development of private retirement savings accounts? Whereas analysts of pension reform in affluent democracies have traditionally considered the development of private pensions as a secondary outcome of...
Persistent link: https://www.econbiz.de/10013030160
Theoretical study identifying one modality with conditions necesary for the financial stabilization of an inherently unstable system; and 5040 other unstable dynamic modes. It draws on knowledge made available by the academic field of Control Engineering.
Persistent link: https://www.econbiz.de/10005125628
The Federal Reserve can remove bankers from office if they violate the law, engage in unsafe or unsound practices, or breach their fiduciary duties. The Fed, however, has used this power so rarely that few even realize it exists. Although major U.S. banks have admitted to repeated and flagrant...
Persistent link: https://www.econbiz.de/10013239998
This Article examines the International Monetary Fund's recent efforts to play an assertive regulatory role with regard to global capital flows. There is a growing consensus among scholars and policymakers that states must carefully manage capital flows and coordinate their policies for doing...
Persistent link: https://www.econbiz.de/10013031468
In this paper, we use a unique long-run dataset of regulatory constraints on capital account openness to explain stock market correlations. Since stock returns themselves are highly volatile, any examination of what drives correlations needs to focus on long runs of data. This is particularly...
Persistent link: https://www.econbiz.de/10005827461
Using a new dataset on capital account openness, we investigate why equity return correlations changed over the last century. Based on a new, long-run dataset on capital account regulations in a group of 16 countries over the period 1890-2001, we show that correlations increase as financial...
Persistent link: https://www.econbiz.de/10005656257
This paper shows that Marx’s theory of profits is based, implicitly, on the existence of a vertically integrated sector that (i) can produce the exact amount of commodities re-ceived as wages; (ii) includes all the processes of production actually used in the econ-omy considered; and (iii)...
Persistent link: https://www.econbiz.de/10008540101
The modern reformulation of Classical analysis of value and distribution built upon Sraffa’s Production of Commodities provides quite a general and open framework to study distributive relationships, that deserves to be still explored. The present work aims to go through these relationships...
Persistent link: https://www.econbiz.de/10005000670