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Endogenous business cycles can be generated using second-order linear equation systems. A generally accepted criticism of linear models is that only one value of the control parameter produces self-sustaining stable cycles. The problem therefore remains of accounting for the most salient...
Persistent link: https://www.econbiz.de/10005835725
This paper, presented at the 1998 conference of the European Association for Evolutionary Political Economy in Lisbon, shows how variations in the value of money, and in the exchange rate between different moneys of account, lead to transfers of value on the one hand between national or...
Persistent link: https://www.econbiz.de/10005836022
This paper revisits one of the classic debates on world capitalist development – the ‘transition to capitalism’ debate framed in Robert Brenner’s classic critique of World Systems and Dependency Theory. It was originally presented to the July 2007 conference of the International...
Persistent link: https://www.econbiz.de/10005836280
The paper examines the the profession of economics in the light of its disarray in the face of the financial crash of 1998 We subject the profession to a theoretical and historical enquiry, examining both its reaction to the empirical facts of its failures, and the manner in which its...
Persistent link: https://www.econbiz.de/10005836327
This paper establishes, and illustrates for the case of the UK, a temporal method for calculating the labour values of outputs from any process or sector of a market economy. It exhibits the temporal calculation of the Monetary Equivalent of Labour Time (MELT), the general ratio between monetary...
Persistent link: https://www.econbiz.de/10005836395
Why, despite unceasing technical advance, do most people live in growing poverty, and why has the inequality between nations increased apparently without limit throughout the history of the world market? Thes two deeply-related (though distinct) problem reduce to the following: how is it that...
Persistent link: https://www.econbiz.de/10005837547
This paper was presented at a special conference of the Conference of Socialist Economists (CSE, publishers of Capital and Class) in 1987, on the topic of Quantitative Marxism. This eventually gave rise to an edited collection (Dunne 1992) in which this paper was developed (Freeman 1992) into a...
Persistent link: https://www.econbiz.de/10011257843
This is a pre-publication version of a full-length review of Kuhn, R. (2007) Henryk Grossman and the Recovery of Marxism. Urbana and U of Illinois. Please cite as Freeman, A. 2008. ‘The Discontents of Marxism’. Debatte, 16 (1), April 2008 pp. 122-131
Persistent link: https://www.econbiz.de/10011258894
This is a pre-publication of the chapter of the same name which was first published in Freeman et al (2001), reproduced with the kind permission of the publishers. I have re-organized it for scholarly use as a separate text, with the references included and with footnotes instead of endnotes. I...
Persistent link: https://www.econbiz.de/10011259243
This is a mirror, deposited with MPRA for completeness, of the same paper at the Social Science Research Network, which can be found at http://ssrn.com/abstract=2217892. It should be cited as 'Freeman, Alan. 1997. If They're so Rich, Why Aren't They Smart? Another Prelude to the Critique of...
Persistent link: https://www.econbiz.de/10011259319