Get Marxian Reproduction Schema: Money and Aggregate Demand in a PDF

By Andrew Trigg

ISBN-10: 0415336694

ISBN-13: 9780415336697

ISBN-10: 0415493684

ISBN-13: 9780415493680

In 1878 Karl Marx constructed the replica schema: his version of the way overall capital is produced and reproduced. this can be regarded as the 1st two-sector financial version ever developed. key points of Marx’s writings are extensively agreed to be undeveloped: The position of combination call for and the position of cash. This ebook synthesizes numerous strands of monetary suggestion to permit the reader to appreciate and make clear the constitution of the copy schema. This synthesis will problem triumphing orthodoxies.



This publication constructs a macro financial version which attracts on quite a lot of financial theories, inside of either the Marxian monetary culture, and the culture of Keynes, Kalecki, Domar, Sraffa and Leontief. Marxian economics has been ruled by way of supply-side considering, together with normal equilibrium idea and pronouncements concerning the scarcity of surplus worth, while submit Keynesians have didn't take heavily the significance of replica and the multisectoral constitution of capitalism. by means of finding mixture call for and the circuit of cash within the copy schema, this key e-book offers an analytical contribution to either Marxian and publish Keynesian economics.

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Marxian Reproduction Schema: Money and Aggregate Demand in a Capitalist Economy (Routledge Frontiers of Political Economy) by Andrew Trigg


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