We consider a bisector reproduction model in which money is introduced as a pure means of exchange issued by a bank at the producers' requests. Each capitalist aims at maximizing accumulation in his own sector. Their plans are based on available quantities and expected prices. Effective prices...

This paper studies the dynamics of a disequilibrium model of classical inspiration from a non-gravitational perspective. In each sector, capitalists decide on rates of accumulation that are revised if the desired rates are not feasible. The dynamics differ according to the hypotheses retained...

<P>Foreword <EM>Paul Anthony Samuelson</EM> Church, Society and Economics: An Introduction to the Life and Work of Maurice Potron <EM>Christian Bidard and Guido Erreygers</EM> 1. Abstract of a study on just prices and wages 2. With regard to a mathematical contribution to the study of the problems of production and...</em></em></p>

This chapter inquires into what could or should be a Classical theory of money and prices sixty years after Sraffa's Production of Commodities by Means of Commodities' publication. It takes as granted three basic propositions: (i) Sraffa's system of prices is relevant for determining Classical...