The most effective way to silence criticism is a justification on the very terms of the likely critique. When an action is rationally justified, how can reason deny its legitimacy? This paper concerns critical strategies that have been employed for addressing the resistance of rationality to...

The controversy over Ricardo's corn model has focused on the interpretation of his early writings. Here, Ricardo's later use of a corn model example in his dispute with Malthus over gluts is discussed. Malthus's own use of a corn model table in attempting to justify his use of a labour commanded...

The paper addresses Kliman`s criticisms of the observed correlations between prices and labour values. It argues that the notion of spurious correlation is not relevant in this case. It examines Kliman`s own simulations and shows that his statistical correction techniques involve dividing...

In this paper the Purchasing Power Parity (PPP) theory and its criticisms are analysed. The majority of studies show that in most cases, the PPP indicator is not a good predictor for nominal exchange rate changes, nor a good indicator of relative competitiveness between countries. Instead,...

The paper offers a novel interpretation and affirmation of the opening arguments of Capital, answering the fundamental but neglected question of why labour is the substance of value. Marx's arguments require that two philosophical threads, often separated in the literature on value, be woven...

By the end of 1927, Sraffa, not yet in his thirties, showed Keynes a system of three linear and homogeneous equations to determine prices in an economy without surplus. We now know that these quot;first equationsquot; were to be the starting point for his future (1960) book. Considered as such,...

Konzerne setzen zur Schaffung von Mehrwert aus der bereichsübergreifenden Kooperation ihrer Teileinheiten ein breites Repertoire unterschiedlicher Steuerungsmechanismen ein. Khaled Bagban untersucht ihre Kombinationsmöglichkeiten und Wechselwirkungen mittels Triangulation qualitativer...

This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...