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Introduction / Mario GARCIA-MOLINA and Hans-Michael TRAUTWEIN -- Core and periphery -- Core and periphery in the early cold war : a historical analysis of development theory / Natália BRACARENSE -- Anarchic accumulation, un-effective demand and institutional constraints : Oskar Lange's critique...
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Goodwin's predator-prey model predicts clockwise cycles in the employment–distribution space. Qualitative evidence is provided in favour of nonlinear dynamic behaviour for a sample of 67 countries, some of which have cycles similar to those predicted by the model. Predicted centres lie outside...
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Elasticity of substitution was introduced into economics during the early 1930s. It was discovered independently by Hicks in The Theory of Wages and by Joan Robinson in The Economics of Imperfect Competition, and then was the centre of a polemic involving Kahn and Sraffa, among others. The...
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