Titlebook: Spectral Theory of Value and Actual Economies; Controllability, Eff Theodore Mariolis,Nikolaos Rodousakis,George Sokli Book 2021 Springer N

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,Effective Demand and Devaluation Policies: Evidence from Input–Output Tables for Eurozone Economies); (ii) seem to be in accordance with the observed deep Southern Eurozone recession; (iii) cast doubt on the “horizontal” policy measures implemented in the post-2010 Eurozone economy; and (iv) provide an alternative framework for formulating well-targeted effective demand management and structural policy programs.

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Medicaid

Controllability, Observability and Spectral Post-Construction of the Value Theory,ifies new aspects of the Sraffian theory, emphasizes the generality of this theory, determines the location of the alternative, traditional and Sraffian value theories in the complex plane and, hence, points out a spectral post-construction of the value theory.

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,Empirical Input–Output Representations and Transmutations of Actual Economies,put–Output Tables, and critically evaluates the methods that have been proposed to convert the former into the latter. It is argued that (i) all conversion methods rest on the groundless assumption that single production, and not joint production, characterizes the economic structure of the real wor

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Controllability, Observability and Spectral Post-Construction of the Value Theory, the modern and the classical control theories, this chapter restates fundamental structural features of Sraffa’s theory of production. Thus, it identifies new aspects of the Sraffian theory, emphasizes the generality of this theory, determines the location of the alternative, traditional and Sraffi

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The Capital Theory Debate and the Almost Uncontrollability and Unobservability of Actual Economies,ings on empirical value–wage–profit rate curves point out that these economies cannot be coherently analysed in terms of the traditional value theory. Hence, on the one hand, the Sraffian theory is not only the most general to date, but is also empirically relevant. On the other hand, the actual eco

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