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In Aristotle’s thought, economic activity refers to a kind or praxis consisting of allocating human and material means comprising the oikos –the domestic community- to fulfill its natural ends: ensure both life and means of life. By means of natural chrematistics -acquisitive art- families...
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In this paper, we analyse a simple two-period neoclassical macroeconomic model -short and long term- that exclusively considers the real sector of the economy (labour and goods markets). It is shown how, under a general characterization, some important signs of comparative statics are...
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