Mark Blaug brought his usual standards of historical awareness and respect for empirical content to bear when he wrote about the Quantity Theory of Money, but he hesitated to probe too deeply into the political and ideological elements of its history, perhaps leading him to underestimate their...

When the Classical economists asserted the "impossibility of general overproduction," or what we now call Say's Law of Markets, they had in mind not periodic crises or business cycles but secular stagnation. Could the capitalist system absorb the constant increases in output without breakdown...

[fre] La liaison éducation - salaires, vérifiée dans la plupart des pays, relève de trois types d'explication : l'explication économique (l'éducation reçue élève la productivité marginale du travailleur) qui est largement tributaire d'une hypothèse préalable de fonctionnement du...