The transition from the social nature of production to commodity requires a transition to a market system of the organization wages. In essential terms, this means that the distribution of labor, ie, on wage formation as a share of the joint product, you must go to the formation of wages as the...

Cyclically induced changes in taxes and government expenditures which tend to stabilise aggregate output are called automatic stabilisers. Using a small macro model, this paper reviews alternative methods of measuring the smoothing power of automatic stabilisers and discusses their relationship...

Cyclically induced changes in taxes and government expenditures which tend to stabilise aggregate output are called automatic stabilisers. Using a small macro model, this paper reviews alternative methods of measuring the smoothing power of automatic stabilisers and discusses their relationship...