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Titlebook: Inflation, Open Economies and Resources; The Collected Writin Paul Davidson,Louise Davidson Book 1991 Paul Davidson 1991 financial markets.

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楼主: INFER
发表于 2025-3-25 04:46:13 | 显示全部楼层
Increasing Employment, Diminishing Returns, Relative Shares and Ricardoth diminishing returns. They indicate, therefore, that the fate of the rent share is even less determinate than I suggested in my previous note.. Their comments, while having mathematical validity, are, I believe, not applicable to either the Ricardian system or the real world.
发表于 2025-3-25 09:19:02 | 显示全部楼层
Incomes Policy as a Social Institutionates that the Ergodic Hypothesis implies that ‘If the state redivided income each morning, by night the rich would again be sleeping in their beds and the poor under the bridges.’ (This view, Samuelson notes, ‘makes economics out of fairy tales.’)
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Is There a Shortage of Savings in the United States? The Role of Financial Institutions, Monetary anrs, it is because of .. In point of fact, to the extent that government policy did directly inhibit the private sector’s tendency to save out of income during the 1970s, the greater has been the actual growth of GNP.
发表于 2025-3-26 03:40:14 | 显示全部楼层
A Clarification of the Ricardian Rent Sharentipodal movements of the wage and profit shares in the product-after-rent.. He was much less explicit about the proportional distribution of total output between rent, on the one hand, and wages plus profits, on the other.
发表于 2025-3-26 06:57:58 | 显示全部楼层
Can Effective Demand and the Movement Toward Further Income Equality be Maintained in the Face of Rotrial sector is manned mainly by robots while most ‘workers’ are employed in the service sector, severe difficulties can develop in either maintaining effective demand levels sufficiently to absorb the full employment output and/or in preventing ‘workers’ in the service sector from suffering a severe fall in real income.
发表于 2025-3-26 12:11:49 | 显示全部楼层
User Costcost as an expectational variable, Keynes hoped to bring the existing unrealistic economic theory back ‘to reality’ (Keynes, 1936, p. 146). Keynes believed that the concept of user cost had ‘an importance … for the theory of value which had been overlooked’ (Keynes, 1936, p. 66).
发表于 2025-3-26 13:14:20 | 显示全部楼层
Inequality and the Double BluffKeynes attributed the vast accumulation of fixed capital under the capitalist system — which has provided immense benefits to mankind — ‘on a double bluff or deception’:
发表于 2025-3-26 19:32:10 | 显示全部楼层
Markets and Governments: the Comparison of Means and Objectives Under Different Economic SystemsIn the closing pages of his ., John Maynard Keynes reminded us of both the flaws and advantages of a free market — that is, a decentralized, entrepreneurial — economy.
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