January 31, 2012

Taxes, profits, and employment: a structural axiomatic analysis {26}

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Working paper at SSRN Abstract  Standard economics is regarded as the theory of the market system. Profit is the pivotal phenomenon of th...
December 18, 2011

The emergence of profit and interest in the monetary circuit {25}

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Working paper at SSRN Abstract  Efficient progress of the monetary theory of production (MTP) is hampered by an unsatisfactory account of...
December 12, 2011

Trade, Productivity, Income, and Profit: The Comparative Advantage of Structural Axiomatic Analysis {24}

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  Working paper at SSRN The classical case of comparative advantage is put into a new formal framework, that is, the behavioral axioms of st...
November 30, 2011

Why Post Keynesianism is not yet a science {23}

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Working Paper at SSRN Abstract   In a programmatic article Alfred Eichner explained, from a Post Keynesian perspective, why neoclassical e...
November 3, 2011

The value of water and diamonds: back to square one {22}

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Working paper at SSRN Abstract  Taking the water—diamond paradox as a time-honored challenge, at first the structural value theorem is de...
October 21, 2011

Matter matters: productivity, profit, and non-marginal factor prices {21}

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Working paper at SSRN Abstract  Tastes and technology are the ultimate givens of standard economics. Their interaction is mediated by the...
October 12, 2011

The Propensity Function as general formalization of Economic Man/Woman {20}

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Working paper at SSRN Abstract   The present paper demonstrates how the interaction of the structural axiomatic core and the behavioral pr...