A History of Post Keynesian Economics Since 1936This text provides a history of the post Keynesian approach to economics since 1936. The author locates the origins of these economics in the conflicting interpretations of Keynes' General Theory and in the complementary work of Michael Kalecki. |
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Page 1
Waterways Experiment Station (U.S.). THE PETROGRAPHY OF AGGREGATES FOR MASS CONCRETE by Katharine Mather1 and Jeanne Weiser Silverman2 Introduction Aggregate for mass concrete of major hydraulic structures differs from aggregate for ...
Waterways Experiment Station (U.S.). THE PETROGRAPHY OF AGGREGATES FOR MASS CONCRETE by Katharine Mather1 and Jeanne Weiser Silverman2 Introduction Aggregate for mass concrete of major hydraulic structures differs from aggregate for ...
Page 4
... aggregate demand in the economy. Unless the causes of deficiency in aggregate demand are analysed, it is not possible to understand fully the reasons for a fall in the demand of individual products. The reasons for increase in costs of ...
... aggregate demand in the economy. Unless the causes of deficiency in aggregate demand are analysed, it is not possible to understand fully the reasons for a fall in the demand of individual products. The reasons for increase in costs of ...
Page 11
... aggregate has been deduced , but the surface of the stone can be examined quali- tatively for roughness by means of fifty power micrographic projections . contains fifteen typical micrographic projections of stone surfaces . The paper ...
... aggregate has been deduced , but the surface of the stone can be examined quali- tatively for roughness by means of fifty power micrographic projections . contains fifteen typical micrographic projections of stone surfaces . The paper ...
Page 20
... Aggregate Resurfacing Bituminous Aggregate Surface Course - Hot Plant Mix ( 4.11 ) | Bituminous Aggregate Surface Course Road Mix ( 4.08 ) and Plant Mix ( 4.09 ) Aggregate Base Course 100 45-70 15-35 100 45-90 15-55 100 60-80 40-50 15 ...
... Aggregate Resurfacing Bituminous Aggregate Surface Course - Hot Plant Mix ( 4.11 ) | Bituminous Aggregate Surface Course Road Mix ( 4.08 ) and Plant Mix ( 4.09 ) Aggregate Base Course 100 45-70 15-35 100 45-90 15-55 100 60-80 40-50 15 ...
Page 19
... aggregates). Table (3-2): Recycled to natural aggregates proportions for concrete mixes Fine aggregate (30%) Coarse aggregate (70%) Aggregate mixture Total recycled 3) 1) Recycled Natural 1) Recycled 2) Natural 2) aggregate, vol.% M0/0 ...
... aggregates). Table (3-2): Recycled to natural aggregates proportions for concrete mixes Fine aggregate (30%) Coarse aggregate (70%) Aggregate mixture Total recycled 3) 1) Recycled Natural 1) Recycled 2) Natural 2) aggregate, vol.% M0/0 ...
Contents
XLII | 145 |
XLIII | 149 |
XLIV | 152 |
XLV | 155 |
XLVI | 159 |
XLVII | 161 |
XLIX | 165 |
L | 172 |
XI | 42 |
XII | 46 |
XIII | 49 |
XIV | 53 |
XV | 56 |
XVII | 59 |
XVIII | 64 |
XIX | 67 |
XX | 71 |
XXI | 77 |
XXII | 79 |
XXIV | 85 |
XXV | 90 |
XXVI | 95 |
XXVII | 100 |
XXVIII | 103 |
XXX | 105 |
XXXI | 110 |
XXXII | 114 |
XXXIII | 121 |
XXXV | 123 |
XXXVI | 125 |
XXXVII | 132 |
XXXVIII | 136 |
XXXIX | 139 |
XLI | 141 |
LI | 174 |
LII | 179 |
LIII | 181 |
LV | 184 |
LVI | 189 |
LVII | 192 |
LVIII | 197 |
LIX | 203 |
LXI | 206 |
LXII | 209 |
LXIII | 211 |
LXIV | 214 |
LXV | 219 |
LXVI | 221 |
LXVIII | 223 |
LXIX | 225 |
LXX | 229 |
LXXI | 233 |
LXXII | 240 |
LXXIV | 246 |
LXXV | 255 |
LXXVI | 261 |
LXXVII | 299 |
LXXVIII | 305 |
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Common terms and phrases
analysis Arestis argued argument Austrian Cambridge Chapter classical coherent Commodities critical critique determined distribution economic growth Economic Journal economic theory economists effective demand Eichner entrepreneurs equation equilibrium Essays expenditure full employment Fundamentalist Keynesians Garegnani Harcourt Harrod Hicks Hyman Minsky ibid important incomes policy increase inflation institutionalists interest rates investment IS-LM Joan Robinson Journal of Post Kaleckian Keynes Keynes's Kregel London macroeconomic mainstream mark-up Marx Marxian ment methodological Michal Kalecki monetarism monetarists monetary policy money supply money wages neoclassical economics neoclassical synthesis neoclassical theory Nicholas Kaldor nomic orthodox output Papers paradigm Pasinetti Paul Davidson Piero Sraffa Political Economy Post Keynesian economics Post Keynesian theory problem question rate of growth rate of interest rate of profit real wages Review Richard Kahn Samuelson savings school of thought scientific share Sidney Weintraub social Sraffa Sraffian Steindl theoretical theorists tion uncertainty University workers
Popular passages
Page 121 - Autobiography, sadly remarked that "a new scientific truth does not triumph by convincing its opponents and making them see the light, but rather because its opponents eventually die, and a new generation grows up that is familiar with it.
Page 33 - Economics is a science of thinking in terms of models joined to the art of choosing models which are relevant to the contemporary world. It is compelled to be this, because, unlike the typical natural science, the material to which it is applied is, in too many respects, not homogeneous through time.
Page 31 - The whole object of the accumulation of wealth is to produce results, or potential results, at a comparatively distant, and sometimes at an indefinitely distant, date. Thus the fact that our knowledge of the future is fluctuating, vague and uncertain, renders wealth a peculiarly unsuitable subject for the methods of the classical economic theory.
Page 32 - The sense in which I am using the term is that in which the prospect of a European war is uncertain, or the price of copper and the rate of interest twenty years hence, or the obsolescence of a new invention, or the position of private wealth owners in the social system in 1970. About these matters there is no scientific basis on which to form any calculable probability whatever. We simply do not know.
Page 38 - Now, it is clear that they may decide to consume and to invest more in a certain short period than in the preceding period, but they cannot decide to earn more. It is therefore their investment and consumption decisions which determine profits, and not the other way round.
Page 93 - ... period of production' an independent measure of the quantity of capital which could be used, without arguing in a circle, for the determination of prices and of the shares in distribution. But the case just considered seems conclusive in showing the impossibility of aggregating the 'periods...
Page 63 - innovating entrepreneur," whom we dismissed so summarily and rather contemptuously at the beginning, is found, after all, to have an honourable place, or even a key role, in the drama — even though we prefer to endow him with a rather more variegated character. He is a promoter, a speculator, a gambler, the purveyor of economic expansion generally, and not just of the " new " techniques of production.1 NICHOLAS KALDOR King's College, Cambridge.
Page 47 - Indeed, under a regime of permanent full employment, " the sack " would cease to play its role as a disciplinary measure. The social position of the boss would be undermined and the self assurance and class consciousness of the working class would grow.
Page 13 - Even apart from the instability due to speculation, there is the instability due to the characteristic of human nature that a large proportion of our positive activities depend on spontaneous optimism rather than on a mathematical expectation, whether moral or hedonistic or economic. Most, probably, of our decisions to do something positive, the full consequences of which will be drawn out over many days to come, can only be taken as a result of animal spirits - of a spontaneous urge to action rather...
Page 52 - The primary aim of modern warfare (in accordance with the principles of doublethink, this aim is simultaneously recognized and not recognized by the directing brains of the Inner Party) is to use up the products of the machine without raising the general standard of living.