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Titlebook: Nicholas Kaldor and Mainstream Economics; Confrontation or Con Edward J. Nell (Professor of Economics),Willi Semm Book 1991 Edward J. Nell

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书目名称Nicholas Kaldor and Mainstream Economics
副标题Confrontation or Con
编辑Edward J. Nell (Professor of Economics),Willi Semm
视频video
图书封面Titlebook: Nicholas Kaldor and Mainstream Economics; Confrontation or Con Edward J. Nell (Professor of Economics),Willi Semm Book 1991 Edward J. Nell
描述An examination of the role of Nicholas Kaldor within economics. Topics covered range from Kaldor‘s discovery of the Von Neumann input-output model, to cyclical growth in a Kaldorian model, to Nicholas Kaldor as advocate of commodity reserve currency.
出版日期Book 1991
关键词business cycle; capital theory; economic policy; economic system; economics; equilibrium; John Maynard Key
版次1
doihttps://doi.org/10.1007/978-1-349-10947-0
isbn_softcover978-1-349-10949-4
isbn_ebook978-1-349-10947-0
copyrightEdward J. Nell and Willi Semmler 1991
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On the Resolution of Conflicts by Compensationof alternatives. A conflict among alternatives occurs when there are (at least two) preferences that point in different directions. The conflict resolution hoped for is portrayed by the factor relation obtained by taking the conjunction of the preferences modulo the equivalence relation.
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Profit Squeeze and Keynesian Theoryction. If demand is high enough, the level of capacity utilization will in turn be high enough to provide for the needs of both workers and capitalists. The . of profit can be high even if the profit margin and the share of profit in output are low and the wage rate correspondingly high.
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The Endogeneity of Moneyply is exogenous), but the overall impact of such policies was so adverse that it was not wise to do so. Once the price of monetarism became evident the authorities would have to accomodate the markets (money supply is endogenous).
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