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2009
In the General Theory Keynes finally breaks with Say’s law.1 In its place he outlines a theory of what determines aggregate income, output and employment in which the central unifying concept of aggregate effective demand plays the leading role. Effective demand is the single most important idea in Keynes’ General Theory model. It is essential that the
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In the General Theory Keynes finally breaks with Say’s law.1 In its place he outlines a theory of what determines aggregate income, output and employment in which the central unifying concept of aggregate effective demand plays the leading role. Effective demand is the single most important idea in Keynes’ General Theory model. It is essential that the
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Boisguilbert’s Theory of Effective Demand
Économie appliquée, 1995Dans cet article Boisguilbert est présenté comme théoricien de la demande effective à travers deux modèles : l’un, analytique, décrit le fonctionnement de V économie française sous l’Ancien Régime ; l’autre, stratégique, illustre les réformes qu’il faudrait adopter pour conduire l’économie d’une situation de crise à la prospérité.
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Low quality-effective demand [PDF]
, 2003 Sub-standard quality is a recurrent problem within parts of the human services - in the care for frail elderly, mentally ill, the intellectually disabled, and children in need - and within law enforcement. Service quality is of great concern to the individual, and the larger society. If so important, why then is it so difficult to attain?
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Demanding: The Political Effect of Social Demands
2014The objective of this chapter is to introduce the third constitutive internal nonterritorial dynamic shaping the formation of democratic subjectivities in a posttransition context: demanding. As with self-organizing and networking, I use demanding as a process that conveys activation, agency, and a complex political dynamic built through actions of ...
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EFFECTIVE DEMAND AND UNEMPLOYMENT
1987The coordination of Froduction and consumption decisions is analysed in a static model where the interdependence between production, income and demand is explicitly modelled. With imperfect competition and non-convex production technologies it is shown that there exists a zero pure profit equilibrium with a positive level of employment and possible ...
Andersen, Torben M., Andersen, Torben M.
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The Effective Demand Fraud [PDF]
Eastern Economic Journal, 1994 This paper argues that Keynes's "theory of effective demand" merely restates in outwardly novel aggregative terms ideas that are part and parcel of "classical theory," and so adds nothing of substance to orthodox doctrine. The aim of the paper is to impugn neither The General Theory nor contemporary Keynesian Economics, but simply to call attention to ...
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Consumption and Effective Demand
2009This chapter will explain how the consumption function underpins the derivation of aggregate effective demand in the General Theory model. The purpose is to make clear the connections between the materials in Chapters 3 and 4. Keynes alludes to these linkages in the General Theory but does not amplify them.
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Accumulation and Effective Demand
1968In this lecture I propose to deal with capital accumulation and its role in the history of the theory of economic development. At first sight this might seem to be a banal theme to occupy the greater part of a lecture. In the present phase of affairs we are so used to regarding accumulation as a good thing and ample capital provision as an almost ...
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Triazines: Syntheses and Inverse Electron-demand Diels–Alder Reactions
Chemical Reviews, 2021Fa-Guang Zhang, Zhen Chen, Jun-An
exaly