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initial response to Gary Mongiovi’s critique of the TSSI presented at the Eastern Economic Association and subsequently …
Persistent link: https://www.econbiz.de/10005621765
specification of a non-equilibrium interpretation of Marx’s theory of value. It refutes the Okishio theorem and solves the …This text comprises chapter 13 of Marx and non-equilibrium Economics[1]. It provides a general mathematical … transformation problem. It is a foundation work of scholarship within the TSSI (temporal single-system interpretation) of Marx. It …
Persistent link: https://www.econbiz.de/10005787091
published in Mosini, V (ed) (2007) Equilibrium in Economics: Scope and Limits. London: Routledge ISBN 0415391377 It was entitled … ‘Heavens above: what equilibrium means for economics’, and appeared on pp240-260. The book was devoted to a dialogue between … the natural and the social sciences on the concept of equilibrium, arising from a series of seminars organised by the …
Persistent link: https://www.econbiz.de/10005621679
This is a prepublication version of ‘Replicating Marx: a reply to Mohun’, Capital and Class No. 88, Spring 2006, pp 117 …-123. ISSN 0309 8168 Kliman (2001) showed that “simultaneist” interpretations – those which hold that Marx valued inputs and … outputs simultaneously – contradict his exploitation theory of profit, while the temporal single-system interpretation (TSSI …
Persistent link: https://www.econbiz.de/10005621854
and Class #92 article entitled ‘The incoherence of the TSSI: a reply to Kliman and Freeman’. We show that they have … effectively conceded that simultaneist interpretations of Marx’s theory contradict his conclusion that exploitation (workers … – reproduce all Marx’s principal disputed conclusions and therefore constitutes a superior interpretation of his theory of value. …
Persistent link: https://www.econbiz.de/10005621904
suppressed non-equilibrium tradition in economic thought. It suggests that in this light, Marx has more in common with Austrian … 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 thought, between the equilibrium paradigm and its alternative, the …
Persistent link: https://www.econbiz.de/10005790444
Freeman, cf ‘Replicating Marx: a reply to Mohun’, Capital and Class No. 88, Spring 2006, pp 117-123, and ‘Simultaneous …
Persistent link: https://www.econbiz.de/10005622060
necessary labour time in Marx’s conception of value. It shows that this is not reducible to ‘replacement cost’ as simultaneist … attendant concepts such as a physical surplus product arising from replacement in kind, is alien to Marx’s thinking. The notion …
Persistent link: https://www.econbiz.de/10005623198
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 paper is the first published critique of the indeterminacy of price-value correlations and their inadequacy as … vector of empirically-observed average price of a set of industrial sectors, and a vector of aggregate values calculated as …
Persistent link: https://www.econbiz.de/10005836855