Economic heresies: some old-fashioned questions in economic theory |
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Contents
STATIONARY STATES | 3 |
THE SHORT PERIOD | 16 |
INTEREST AND PROFITS | 25 |
Copyright | |
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Common terms and phrases
accumulation argument assumptions capitalist competition concept constant consume consumption degree of monopoly doctrine effective demand employed equal equilibrium expectations factors of production fall finance firms full employment future given growing Harrod's hire-price income industry Keynes Keynesian labor force less liquidity preference long-period machines marginal cost marginal product Marshall Marshall's means of production ment monetary money-wage rates neo-neoclassical neoclassical orthodox output per head perfect competition physical Piero Sraffa Pigovian plant prime costs problem productive capacity profit on capital propensity to save proportion pseudoproduction function quantity of money rate of exploitation rate of growth rate of interest rate of investment rate of profit rate of return ratio real wage real-wage rate rentiers reward of waiting rise Say's Law sellers short-period stationary stock of capital stock of equipment suppose technical progress technique tion value of capital wage bill wage rate Walras Walrasian wealth Wicksell workers