This article compares and contrasts the macroeconomic effects of exchange rate targeting and money supply targeting by using quarterly data from Turkey for the period February 1986-March 2000. The results of the VAR analysis show that the exchange rate does not have the traditional 'hump-shaped...

A labor theory of value is necessary in Marx for two reasons: from an ontological point of view, a theory of value reveals how human transformative power (power1) becomes power as domination and exploitation (power2). From an epistemological point of view, a theory of value is capable of...