A Critical Evaluation of Jules Dupuit`s Contributions to Economic
... the task of this research, with scholarly sleight of hand, to attempt to do so once more. Unfortunately, however, Dupuit has only received what one might call "superficial treatment," from one scholar to the next, with little reference to his original writings. Nor have all his writings been explore ...
... the task of this research, with scholarly sleight of hand, to attempt to do so once more. Unfortunately, however, Dupuit has only received what one might call "superficial treatment," from one scholar to the next, with little reference to his original writings. Nor have all his writings been explore ...
Money, Reality, and Value: Non-Commodity Money in Marxian
... In many of the pages that follow I argue that a particular type of essentialism has hindered monetary thought. It is difficult not to consider the anti-essentialist overdeterminist orientation of this dissertation when attempting to acknowledge the essential individuals I am indebted too. If I wante ...
... In many of the pages that follow I argue that a particular type of essentialism has hindered monetary thought. It is difficult not to consider the anti-essentialist overdeterminist orientation of this dissertation when attempting to acknowledge the essential individuals I am indebted too. If I wante ...
Paul Mattick
... capacity lies unused. (If more goods aren’t produced it’s because they couldn’t be profitably sold.) Supply has exceeded Demand and nevertheless prices have risen yearly by around 7.2%. The deflationist policy of the last two years has not affected this situation in the least, though hope springs et ...
... capacity lies unused. (If more goods aren’t produced it’s because they couldn’t be profitably sold.) Supply has exceeded Demand and nevertheless prices have risen yearly by around 7.2%. The deflationist policy of the last two years has not affected this situation in the least, though hope springs et ...
Human Values Proposal
... are activated, they become infused with feeling. People for whom independence is an important value discuss it passionately, become aroused if their independence is threatened, despair when they are helpless to protect it, and are happy when they can express it. 2. Values refer to desirable goals.3 ...
... are activated, they become infused with feeling. People for whom independence is an important value discuss it passionately, become aroused if their independence is threatened, despair when they are helpless to protect it, and are happy when they can express it. 2. Values refer to desirable goals.3 ...
01/2014 Esteban Pérez Caldentey and Matías Vernengo Raúl Prebisch and Economic Dynamics:
... distinction between ‘neoclassical’ and Keynesian theory. Both are guilty of the same flaw. Prebisch’s critique of neoclassical theory is aimed at the marginal productivity theory (MPT). Prebisch argued that MPT implies that the evolution of a market economy could only be characterized in the form of ...
... distinction between ‘neoclassical’ and Keynesian theory. Both are guilty of the same flaw. Prebisch’s critique of neoclassical theory is aimed at the marginal productivity theory (MPT). Prebisch argued that MPT implies that the evolution of a market economy could only be characterized in the form of ...
Theory of Consumer Behavior
... The main assumption or premises on which the cardinal utility analysis rests are as under. (i) Rationality. The consumer is rational. He seeks to maximize satisfaction from the limited income which is at his disposal. (ii) Utility is cardinally measurable. The utility can be measured in cardin ...
... The main assumption or premises on which the cardinal utility analysis rests are as under. (i) Rationality. The consumer is rational. He seeks to maximize satisfaction from the limited income which is at his disposal. (ii) Utility is cardinally measurable. The utility can be measured in cardin ...
This PDF is a selection from an out-of-print volume from... of Economic Research Volume Title: Import Competition and Response
... maximizes the present discounted value of the economy’s final output. This analysis establishes the central point that decisions about adjustment are fundamentally investment decisions in which the marginal benefit of capital movement reflects the present discounted value of the differential between ...
... maximizes the present discounted value of the economy’s final output. This analysis establishes the central point that decisions about adjustment are fundamentally investment decisions in which the marginal benefit of capital movement reflects the present discounted value of the differential between ...
THE POLICY ANALYSIS MATRIX FOR AGRICULTURAL DEVELOPMENT Eric A. Monke Scott R. Pearson
... health facilities)-are examples of public sector interventions essential for increased economic activity. Sometimes, these investments will not be made by the private sector. Private investors may be unable to capture the full benefit from investment in public goods because it is impossible or too c ...
... health facilities)-are examples of public sector interventions essential for increased economic activity. Sometimes, these investments will not be made by the private sector. Private investors may be unable to capture the full benefit from investment in public goods because it is impossible or too c ...
The nature of money
... value, it is no longer argued that money need consist of a material with an ‘intrinsic’ exchange value. But for modern economic theory, money is a commodity in the sense that it can be understood, like any other commodity, by means of the orthodox methodology of microeconomics – ‘supply and demand’, ...
... value, it is no longer argued that money need consist of a material with an ‘intrinsic’ exchange value. But for modern economic theory, money is a commodity in the sense that it can be understood, like any other commodity, by means of the orthodox methodology of microeconomics – ‘supply and demand’, ...
The Entrepreneur: Real and Imagined
... liabilities. If he succeeds the net profit is his. If he fails the loss must fall upon the capitalists, who have lent him the funds. Such an entrepreneur would, in fact, be an employee of the capitalists who speculates on their account and takes a 100% share in the net profits without being concerne ...
... liabilities. If he succeeds the net profit is his. If he fails the loss must fall upon the capitalists, who have lent him the funds. Such an entrepreneur would, in fact, be an employee of the capitalists who speculates on their account and takes a 100% share in the net profits without being concerne ...
The Standard of Living - The Tanner Lectures on Human Values
... one’s standard of living, but that influence must work through some object of value -in this case, some type of pleasure. At the risk of oversimplification, it may be said that if an enhancement of some variable increases the standard of living, when everything else remains the same, then that varia ...
... one’s standard of living, but that influence must work through some object of value -in this case, some type of pleasure. At the risk of oversimplification, it may be said that if an enhancement of some variable increases the standard of living, when everything else remains the same, then that varia ...
Contemporary Labor Literature and Social Movements
... offering pedagogical application in university and union settings, the form and content of this dissertation seeks to deconstruct false binaries between intellectual/physical labor, theoretical/practical approaches, and academic/popular culture. Acknowledging, as Harry Braverman asserts, “the separa ...
... offering pedagogical application in university and union settings, the form and content of this dissertation seeks to deconstruct false binaries between intellectual/physical labor, theoretical/practical approaches, and academic/popular culture. Acknowledging, as Harry Braverman asserts, “the separa ...
The Ambivalence of Gewalt in Marx and Engels
... symmetrical relation.28 In this sense, exploitation assumes an eminently political character, where the political is understood in its continual interlinkage with real economic processes and not on the basis of an abstract separation from them. If there is no such thing as a ‘pure’, solely economic, ...
... symmetrical relation.28 In this sense, exploitation assumes an eminently political character, where the political is understood in its continual interlinkage with real economic processes and not on the basis of an abstract separation from them. If there is no such thing as a ‘pure’, solely economic, ...
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Karl Marx and the Classics
... Analysis of the Capitalist Economy and Society The notion of the capitalist mode of production refers to the causal nucleus of the totality of capitalist power relations, the fundamental social-class interdependencies which define a system of social power (a society) as a capitalist system. It is es ...
... Analysis of the Capitalist Economy and Society The notion of the capitalist mode of production refers to the causal nucleus of the totality of capitalist power relations, the fundamental social-class interdependencies which define a system of social power (a society) as a capitalist system. It is es ...
NBER WORKING PAPER SERIES GROWTH ACCOUNTING Charles R. Hulten Working Paper 15341
... Other issues also appear in multiple contexts: the question of whether capital formation and innovation can be treated as separate phenomena, the distinction between product and process innovation and the associated problem of output and input quality change, and the basic issue of whether growth ac ...
... Other issues also appear in multiple contexts: the question of whether capital formation and innovation can be treated as separate phenomena, the distinction between product and process innovation and the associated problem of output and input quality change, and the basic issue of whether growth ac ...
Overview of Different Types of Values
... • Ask LOTS of Questions • Get You to Think of the Answers ...
... • Ask LOTS of Questions • Get You to Think of the Answers ...
The Evolution Routines of Labor Division in New Classical Economics
... Along with China joining the WTO, the ratio of dependence on foreign trade (open degree) is increasing continuously. In order make full use of domestic and foreign market, we pay much more attention to the safety, timeliness, and lowering cost of international logistics. With the improvement of effi ...
... Along with China joining the WTO, the ratio of dependence on foreign trade (open degree) is increasing continuously. In order make full use of domestic and foreign market, we pay much more attention to the safety, timeliness, and lowering cost of international logistics. With the improvement of effi ...