John Maynard Keynes's liquidity preference theory, Kregel argued that such rejection leaves the relation between money and … capital asset prices, and thus investment theory, hanging. This paper extends Kregel's analysis to an examination of the role … requires an extension of the circuit theory of money, along the lines of the credit and state money approaches of modern …

studied using the standard tools developed in the theory of inequality measurement. …

which preserves the FMT and allows one to generalise a number of key insights of exploitation theory to complex advanced …

different forms of profit-driven technical change and productivity are derived in a general input-output framework with fixed …

It is frequently believed, in a quite schizophrenic fashion, that a theory of value must just solve the question of … "relative prices" (a microeconomic problem), being mainly the theory of money the piece needed for determining the absolute or … theoretically prior to any consideration of the money market, whereas on the other hand no theory of value can aspire to be complete …

reply to Mirowski's (1989) critique that Marx held a contradictory 'substance' and 'field' theory of value …

the capitalistic development. It is shown that the monopolistic exploitation is much greater than orthodox theory suggests …

numerical example. The theory of comparative advantage is not sufficient to justify the advocacy of free trade in consumer goods …