Technological change, though paramount in the dominant theoretical approach to distribution in terms of the relative scarcity of factors, also plays a significant role in the alternative classical surplus approach.See rest here
Saturday, February 1, 2014
Pivetti on Advanced Capitalism and the Determinants of the Change in Income Distribution: A Classical Interpretation
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Godley-Tobin Lecture - Friday 1st March11:30am - 12:45pm
Please note the change in date and venue. Bob Rowthorn's Godley-Tobin Lecture. titled “Keynesian Economics: Back from the Dead?” It...
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So besides the coup in Brazil (which was all but confirmed by the last revelations , if you had any doubts), and the electoral victory of M... -
Fields, David (Forthcoming), “Classical Dichotomy,” Edward Elgar Encyclopedia on Central Banking , edited by L.P. Rochon et... -
This was faster than even I expected (for my views on what Macri meant as soon as he was elected see this and for a more recent assessment...
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