Abstract: The goal of this article is twofold: (1) From Marx’s “Capital” standpoints: give definitions/explanations of main Keynesian macroeconomic categories, identities and laws, (2) Discover the extent to which psychological...
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Abstract: The apparent contradiction between Schumpeter’s attachment to Walrasian equilibrium and his advocacy of a theory of cyclic economical movement was discussed. Also the economic role of institutions was investigated....
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