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Titlebook: Essays on the Historicity of Capital; Alain Herscovici Book 2019 The Editor(s) (if applicable) and The Author(s), under exclusive license

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Book 2019nd space; at the same time, various heterogeneous capitals must be aggregated, as shown by Ricardo and Keynes. On the other hand, the value of some quantity of aggregate capital changes over time, as demonstrated by Ricardo, Keynes and Stiglitz. For this purpose, this book considers Ricardo, Keynes
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Theory of Differential Rent and Capital Heterogeneity: A Neo-Ricardian Analysisll’s reading of the Ricardian theory is based on a homogeneous conception of capital. I will highlight Marshall’s reading contradiction and demonstrate, consequently, why Ricardo cannot be conceived as the precursor of the marginalist neoclassical school.
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The Nature of Capital in the General Theory: Theoretical Implications and Structural Instabilityprovide the elements to construct an endogenous analysis of the cycle and to explain the switching between expansion and recession. I will demonstrate how the specific concept of scarcity (or abundance) of capital used by Keynes, as well as the modification of long-run expectations, explains the cyclical movement.
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The Relational Economics: An Example of Substantial Hypothesis Refutationes impossible to observe certain qualitative variables. I will show how and from what conditions information asymmetries explain (a) the instability of competition equilibrium and (b) the cumulative nature of the cycle from certain demand externalities.
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https://doi.org/10.1007/978-3-030-14838-6capital; epistemology; ricardo; keynes; sraffa; stieglitz; determinism; Lakatos; Cambridge controversy; Infor
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Alain HerscoviciStudies the heterogeneity of capital through examining the work of Ricardo, Keynes, and Stiglitz.Argues against the traditional opposition between neo-Ricardian and post-Keynesian approaches.Includes
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