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Article that appeared as Zarembka, P (ed) Economic Theory of Capitalism and its Crises, Research in Political Economy 18, pp285-93. Stanford, CT: JAI Press. (http://www.elsevier.com/wps/find/bookdescription.cws_home/621298/description#description) Responds to debate initiated in Research in...
Persistent link: https://www.econbiz.de/10005786935
are symmetric, the noncooperative game played by jurisdictions admits a unique equilibrium, and an increase in spillovers … can increase their contribution. When spillovers are asymmetric, equilibrium is unique if spillovers are low, while …
Persistent link: https://www.econbiz.de/10005787054
This work is a PhD dissertation, written at the Department of Economics, McGill University. The thesis offers a new framework for inflation as a process of restructuring. Contrary to existing theories of inflation, which tend to take structure and institutions as given for the purpose of...
Persistent link: https://www.econbiz.de/10005789620
modern economics, which has focussed on equilibrium as the de facto defining principle from which value may be deduced. The … problem is exactly the opposite: it is to define a conception of value which does not require equilibrium and makes no …
Persistent link: https://www.econbiz.de/10005789658
, in particular Duncan Foley’s 1997 review of Freeman and Carchedi (eds) Marx and non-equilibrium Economics, and comments … capital arising from price changes and inventory adjustment. It establishes that the equilibrium interpretation of Marx …
Persistent link: https://www.econbiz.de/10005789965
Prepublication version of article that appeared as Zarembka, P (ed) Economic Theory of Capitalism and its Crises, Research in Political Economy 17, pp241-48. Stanford, CT: JAI Press. http://www.elsevier.com/wps/find/bookdescription.cws_home/621298/description#description This article formed part...
Persistent link: https://www.econbiz.de/10005835556
In this paper I describe certain results that were obtained in the UNITAR project based on a model I have specified for studying the relationship between international terms of trade and domestic income distributions of the exporting countries within the South. In particular, I shall concentrate...
Persistent link: https://www.econbiz.de/10005835749
We provide the reader with a qualitative summary of the main ideas from econophysics and finance theory, starting with a thorough criticism of the standard ideas taught in typical economics textbooks. The emphasis is on the Galilean or physicists' approach to market synamics, as opposed to the...
Persistent link: https://www.econbiz.de/10005835847
This is the Italian version of ‘Value and Marx: why it matters’ which appeared in Vasopollo, L (2002) (ed) ‘Un Vecchio Falso Problema: La Transformazione dei valori in prezzi nel Capital di Marx’, Roma: Laboratoria per la critica sociale. It was presented at the May 2002 conference...
Persistent link: https://www.econbiz.de/10005836459
methodology solves the Walrasian problem of how markets can reach equilibrium, starting with firms trading at disparate prices …
Persistent link: https://www.econbiz.de/10005836597