Prices and distribution in a sraffian credit economySraffa's suggestion regarding the monetary determination of the rate of profits raises two fundamental questions addressed by this paper: (i) can the money rates of interest be envisaged as variables set by the...
The monetary foundation of the economic circuit and the principle of effective demand in marx, keynes and kalecki... Two substantial aspects are at the center of Marx´s analysis: (a) the monetary determination of the social process of production and circulation of capital, i.e....
Sraffian research programmes and unorthodox economics... Five research programmes are detailed (together with some further extensions): the nature and significance of long-period equilibria; the Cambridge Growth Equation and the monetary determination of interest, as alternative theories of distribution; the Sraffa-Keynes synthesis; and the critique of marginalism....
Keynesian capital theory : declining interest rates and persisting profits... This topic is linked to a second one: the monetary determination of the rate of profit in Keynesian capital theory....
