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and optimal allocation which prevent development. It is first and foremost the lack of a sufficient credit … under which regulations and conditions a credit-investment process in developing countries is possible. …
Persistent link: https://www.econbiz.de/10011133408
Classical political economy was underpinned by a shared view of the economy as a circular flow. This begged the question of how the value of produce can exceed the value of factor inputs: the ‘Profit Puzzle’. In this paper we advocate an understanding of the Profit Puzzle as a monetary...
Persistent link: https://www.econbiz.de/10008470460
disturbing factor of a generally stable real economy (Wicksell, Hayek, Schumpeter, Fisher, and the early Keynes). Thereafter … works of Keynes and the contributions of Minsky are of importance. Lastly, it is looked at the behavioural finance …
Persistent link: https://www.econbiz.de/10010332605
disturbing factor of a generally stable real economy (Wicksell, Hayek, Schumpeter, Fisher, and the early Keynes). Thereafter … works of Keynes and the contributions of Minsky are of importance. Lastly, it is looked at the behavioural finance …
Persistent link: https://www.econbiz.de/10010242872
disturbing factor of a generally stable real economy (Wicksell, Hayek, Schumpeter, Fisher, and the early Keynes). Thereafter … works of Keynes and the contributions of Minsky are of importance. Lastly, it is looked at the behavioural finance …
Persistent link: https://www.econbiz.de/10010759992
disturbing factor of a generally stable real economy (Wicksell, Hayek, Schumpeter, Fisher, and the early Keynes). Thereafter … works of Keynes and the contributions of Minsky are of importance. Lastly, it is looked at the behavioural finance …
Persistent link: https://www.econbiz.de/10010982078
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced …
Persistent link: https://www.econbiz.de/10011277005
his dissertation adviser, Joseph Schumpeter [1934]); the endogenous money approach of Basil Moore; the French …-Italian circuit approach; Paul Davidson's (1978) interpretation of John Maynard Keynes, which relies on uncertainty; Wynne Godley …'s approach, which relies on accounting identities; the K distribution theory of Keynes, Michal Kalecki, Nicholas Kaldor, and …
Persistent link: https://www.econbiz.de/10010286493
his dissertation adviser, Joseph Schumpeter [1934]); the endogenous money approach of Basil Moore; the French …-Italian circuit approach; Paul Davidson’s (1978) interpretation of John Maynard Keynes, which relies on uncertainty; Wynne Godley …’s approach, which relies on accounting identities; the “K” distribution theory of Keynes, Michal Kalecki, Nicholas Kaldor, and …
Persistent link: https://www.econbiz.de/10008777085
La tesis central de este trabajo es que un proceso exitoso de desarrollo capitalistanacional, en el contexto de un mercado mundial caracterizado por la existenciade múltiples monedas nacionales y dividido en países desarrollados hegemónicosdel Primer Mundo y países subdesarrollados...
Persistent link: https://www.econbiz.de/10009404544