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. This paper presents Ott's theory of crises (which was based on the disappointment of expectations) and the context of his …
Persistent link: https://www.econbiz.de/10013155058
most socialists, remained conservative in their economic policy outlook. Keynes was a revolutionary in economic theory, but …
Persistent link: https://www.econbiz.de/10014529493
Leszek Jasiński [2019] attempts, as the title indicates, "a reading after half a century" of Michał Kalecki's thought. We dispute the main claim in the book, i.e. that Kalecki has a firm place in contemporary mainstream economics and was the originator of many ideas generally accepted today....
Persistent link: https://www.econbiz.de/10012303050
which money is neutral, at least in the long run; and the Marx-Veblen-Keynes approach, or the monetary theory of production … view back to Keynes, arguing that extending Keynes along these lines would bring his theory up to date. -- Money ; Public … Monopoly ; Monetary Theory of Production ; Keynes ; Marx ; Veblen ; Knapp ; Chartalism …
Persistent link: https://www.econbiz.de/10008906545
which money is neutral, at least in the long run; and the Marx-Veblen-Keynes approach, or the monetary theory of production … that view back to Keynes, arguing that extending Keynes along these lines would bring his theory up to date …
Persistent link: https://www.econbiz.de/10013128005
Kalecki's foundation of the theory of the monetary production economy …
Persistent link: https://www.econbiz.de/10013155760
At the end of the 17th century capitalism had become the new social and economic order in northern Western Europe. Ever since the trading channels through which money and commodities change hands between the different agents, the actual sequence of these all-comprising monetary exchange...
Persistent link: https://www.econbiz.de/10013155935
aggregate income ,Y, in order to support the existing classical (neoclassical ) theory of the rate of interest in (r;I,S ) space …, is very similar to Pigou's assumption of ceteris paribus in his 1933 The Theory of Unemployment, so that he could apply … his Marshallian apparatus of partial equilibrium. Keynes's main point in the appendix to Chapter 19 of his General Theory …
Persistent link: https://www.econbiz.de/10012840000