Results 81 to 90 of about 336 (199)

Capital in Motion: Synthesizing the Circulation and Reproduction in a Multi‐Sector Growth Model

open access: yesMetroeconomica, EarlyView.
ABSTRACT This paper analyzes Capital in Motion (CIM) in a capitalist economy, based on Karl Marx's Capital, Volume 2. It examines the circuit of capital, distinguishing between stock and flow variables, and integrates a multi‐sector growth model that combines the circuit and turnover of capital with the reproduction scheme.
Takashi Satoh
wiley   +1 more source

Competing Disraeli-isms: Tory Democracy and One-Nation Conservatism

open access: yesCahiers Victoriens et Edouardiens
This chapter explores Benjamin Disraeli’s influence on two strands of Conservative Party ideology: Tory democracy and one-nation conservatism. Both rejected laissez-faire economics and promoted social reform, but one-nation conservatives favoured a more ...
David Jeffery
doaj   +1 more source

Public Debt Dynamics in a Monetary Economy of Production

open access: yesMetroeconomica, EarlyView.
ABSTRACT This paper investigates the determinants and stability conditions of the public debt‐to‐GDP ratio within a theoretical framework representing the main characteristics of a monetary economy of production. To this end, we develop a dynamic Stock‐Flow Consistent (SFC) model based on the Supermultiplier approach, incorporating both bank and fiat ...
Lorenzo Di Domenico
wiley   +1 more source

On the Impact of Government Debt on Income Distribution in a Post‐Keynesian Framework With Workers' Saving

open access: yesMetroeconomica, EarlyView.
ABSTRACT This paper examines the complex relationship between government debt and income distribution within a post‐Keynesian framework. Extending the model of You and Dutt (1996), we model both capitalists and workers as holders of government bonds, enabling a more nuanced analysis of income distribution dynamics.
Hagen M. Krämer   +2 more
wiley   +1 more source

El pseudokeynesianismo de Sargent Sargent' s Pseudo-Keynesianism

open access: yesCuadernos de Economía, 1994
Los supuestos del modelo Sargent garantizan la estabilidad dentro de un marco muy restrictivo que deja por fuera las consideraciones teóricas fundamentales.
González Jorge Iván
doaj  

How Are “Financial Balances” Financed? Wicksell, (Keynes) and the US Mainstream Don't Fit Today's Institutions; Kalecki, Triffin, and Minsky Got it Right

open access: yesMetroeconomica, EarlyView.
ABSTRACT The paper examines the financial balances of the US economy. Government is the main borrower and households and the foreign sector the main lenders. Business net lending is minimal. The balances and their underlying transactions contradict the loanable funds theory and its “global savings glut” variation.
Michalis Nikiforos, Lance Taylor
wiley   +1 more source

Luigi Pasinetti and Adolph Lowe: Bridging Capital Theory and Institutional Analysis

open access: yesMetroeconomica, EarlyView.
ABSTRACT This article examines the convergence of Luigi Pasinetti's and Adolph Lowe's political economy, linking capital theory, institutions, and normative methodology. Pasinetti's two‐stage approach and Lowe's instrumental method share a common emphasis on the structural requirements and institutional arrangements for attaining and maintaining full ...
Michael J. Murray
wiley   +1 more source

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