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Freeman, Alan - 1996

This article, presented to the Annual Conference of the History of Economics Society, Vancouver July 1996, gives a historical analysis of the origins of the general equilibrium or comparative static approach and demonstrates that economic thought as a whole is divided, in each of its schools of...

Persistent link: https://www.econbiz.de/10015215344

Notes on Ricardo’s theory of value and taxation

Tsoulfidis, Lefteris - 2005

The purpose of this paper is twofold: on the one hand is to discuss Ricardo’s version of the labour theory of value …; and on the other hand, is to analyse some crucial aspects of Ricardo’s theory of taxation as an extension and further … elaboration of his theory of value. This discussion is illustrated with the use of a formal model based on a generalisation of …

Persistent link: https://www.econbiz.de/10015229876

Falling Rate of Profit and Overaccumulation in Marx and Keynes

Tsoulfidis, Lefteris - 2005

a more advanced theory to explain and at the same time direct, within strictly defined limits, the dynamics of …

Persistent link: https://www.econbiz.de/10015230121

Ricardo’s Theory of Value is Still Alive and Well in Contemporary Capitalism

Tsoulfidis, Lefteris - 2018

The purpose of this article is, on the one hand, to shed light on some significant aspects of Ricardo's theory of value … movement of relative prices were in the right direction. For this purpose, Ricardo's theory of value is cast rigorously and in …

Persistent link: https://www.econbiz.de/10015259941

Capital In the 21st Century: A Review

malikane, christopher - 2015

This paper reviews Thomas Piketty's Capital in the Twenty-First Century. Piketty's Capital seeks to bring the issue of inequality back to the centre of social analysis and to encourage discussion about the evolution of wealth and inequality with a view to inform policy. The book uses data...

Persistent link: https://www.econbiz.de/10015249359

Today’s Problems: In The Minds of The Great Economists

Obregon, Carlos - 2021

models in Welfare Economics, General Equilibrium Theory, Information Economics and Game Theory have created the necessity to … integrate the neoclassical theory of free markets and the insti-tutional theory. It argues that while the main goal of economics … capitalism. But they do not happen in a vacuum, institutions are required. It argues that the future of economic theory and …

Persistent link: https://www.econbiz.de/10015214334

Keynes on the Marginal Efficiency of Capital and the Great Depression

Tsoulfidis, Lefteris - 2008

This paper argues that Keynes’s analysis of the marginal efficiency of capital is consistent with the principle of effective demand and is, in this sense, characteristically different from the related classical or neoclassical conceptualisations. Furthermore, the notion of the marginal...

Persistent link: https://www.econbiz.de/10015250145

The Case for Simplicity: a Paradigm for the Political Economy of the 21st Century

Freeman, Alan - 2001

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/10015240495

Rethinking long cycles: are the 1990s the onset of a new phase of capital accumulation?

Tsoulfidis, Lefteris - 2001

This paper deals with the long cycles that characterize the evolution of capitalist economies. It begins with a discussion of epochs of expansion and contraction in the level of economic activity and makes an effort to move towards a meaningful periodization of economic history. The claim that...

Persistent link: https://www.econbiz.de/10015232748

Marx, maths, and MEGA 2

Alcouffe, Alain; Wells, Julian - 2009

This paper examines two areas where the MEGA 2 project can advance the understanding of Marx’s thought; although the contribution of MEGA 2 to each is very different, the areas are linked by their subject matter — Marx’s engagement with the mathematical sciences — and by other...

Persistent link: https://www.econbiz.de/10015257008