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 maximising accumulation in his own sector. Their plans are based on available quantities and expected prices. Effective prices...

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...

[fre] L'interprétation "classique" de la théorie de Marx considère que les valeurs sont déterminées, indépendamment du marché, par les conditions de production et que les travaux concrets sont homogénéisés par leurs salaires. D'après cette interprétation, la validité de la théorie...

The classical market analysis has the characteristic of conceiving a reference situation independent from the competition forces. This article shows that such Pont of view is found in Smith, Ricardo and even Marx, but it has to be completed in order to be able to give it a fair evaluation.