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Chapters 8, 9 and 10 set out Keynes' theory of consumer behavior. Chapter 8 is entitled The Propensity to Consume: I …
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potential collapse into a Keynesian economic black hole. A theory of economic growth is proposed to explain how fiscal stimulus …
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, die sowohl die Trickle-down-Theorie als auch die Theorie des privatisierten Keynesianismus bei diesem Thema entfalten …
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In this paper, we first model the dynamics of an economy, making use of a simple, almost trivial circular flow analysis. Then, we demonstrate the effects of keeping up with the Jonesesʺ as well as of keeping ahead of the Smithsʺ in private consumption and the role of innovation and imitation...
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