This paper discusses the roles of the entrepreneur in the economic theory. Taking the elaboration of Schumpeter as a reference, the paper analyses the forerunner contributions of Cantillon and Bentham, as well as the different approaches of Marx, Veblen and Sombart. The changing role of the...

This paper presents the essential elements of the debate on the role of industrialization for economic development in Brazil. The paper examines several moments of this debate, from its origins until the recent discussions of deindustrialization. It is argued that the development of the theme...

Spanish Abstract: Coartada para intervenciones militares, sacralización para la tiranía del mercado, fundamento ideológico para el fundamentalismo de lo políticamente correcto: ¿puede la “ficción simbólica” de los derechos humanos recuperarse para la politización progresiva de las...

This paper explores the connections between the theories of the Stockhom School and the economic orthodoxy of the 1930’s. First, we reconstitute the classical, Cambridge and Wicksell’s conceptions on saving and its relations with investment. Next, we define the unifying principle behind the...

The General Theory of Employment, Interest and Money by John Maynard Keynes led up to three cross-shaped graphical interpretations: the IS-LM model, the 45º model and the Z-D model. The first one was originated from Hicks (1937) well-known paper, despite the differences between his original...

This paper contemplates the evolution of Pigou´s stance towards the Keynesian Revolution. Preliminarily, a brief contrast between his and Keynes´s approach to the problem of unemployment is made. After that, Pigou´s first reactions to The General Theory are presented, along with the rejoinder...

This paper contemplates the evolution of Pigou's stance towards the Keynesian Revolution. Preliminarily, a brief contrast between his and Keynes's approach to the problem of unemployment is made. After that, Pigou's first reactions to The General Theory are presented, along with the rejoinder...

Portuguese Abstract: Esta pesquisa apresenta um estudo reflexivo acerca de possíveis causas e os impactos da instabilidade política no desempenho do comércio internacional. Em formato de ensaio teórico, este artigo baseia-se em revisão teórica de autores que discutem sobre a globalização...

The collapse of USSR has stimulated a huge scholarly debate on socialist alternatives. This paper surveys four rounds of the debate on market and planning in the transition towards socialism: the socialist calculation debate (Barone, Mises, Lange and Hayek), market and plan in the Soviet...

After the publication of The General Theory of Employment, Interest and Money (hereafter, GT), an intense debate about its main preposition – that the long-run equilibrium of the economy is a position of involuntary unemployment – was established. The consensus view that emerged from it,...