Search results for "Keynes"
showing 10 items of 72 documents
The Keynesian Multiplier
2008
Introduction, Section One: Some Views of the Multiplier, 1. Three Views on the Multiplier, 2. John Maurice Clark's Contribution to the Genesis of the Multiplier Analysis: A note with some related unpublished correspondence, 3. The Material and Methodological Significance of the Supermultiplier, Section Two: Critical Insights on the Multiplier, 4. The Investment Multiplier and Income Savings, 5. The Multiplier and the Principle of Reflux, 6. The Demise of the Keynesian Multiplier Revisited, 7. Consumption, Investment and Investment Multiplier, Section Three: Towards a Re-interpretation of the Muliplier, 8. Kalecki and the Multiplier, 9. The Keynesian Multiplier: The Monetary Pre-Conditions a…
Il professor Gramsci e Wittgenstein. Il linguaggio e il potere
2014
Framing disease, ageing and death in popular science journalism
2016
This paper characterizes the dominant frames in popular science-oriented reports devoted to disease, ageing and death. In popular science journalism, framing often consists in the discursive construction of newsworthiness, i.e., foregrounding features of events/issues considered by science editors to be relevant or attractive for audiences, despite the alienating nature of some types of news. A sample of most-read health-related articles from New Scientist (2013-2015) is subjected to content analysis, keyness analysis, concordance analysis and news value analysis to demonstrate how bioscience tends to be framed through consistent and strategic linguistic choices. The analyses reveal that mo…
And after all, if say was right ? L'offre crée-t-elle sa propre demande ? Keynésiannisme contre "klacissisme"
1995
In a real exchange economy it's quite easy to admit the existence of SAY's law. However, currency has without doubt changed. Is it necessary to reject SAY's law? More than J.M.KEYNES himself, if we believe some of his sucessors it's absolutely certain. Yet, when we study closely modern currency (bank currency) we realize that the economic agentscannot hold it outside the banking system: when they are not consumers on the goods market they are "consumers" on the stock market. As a consequence SA Y's law is confirmed.
How to pay for the war in times of imperfect commitment. Adam Smith and David Ricardo on the Sinking Fund
2014
AbstractThe paper proposes a comparative analysis of Smith's and Ricardo's views on the sinking fund. It shows that Smith and Ricardo agreed in stressing the ineffectiveness of the sinking fund as a policy instrument targeted at public debt repayment and tax-burden relief, pointing out that its actual workings had paradoxically helped to increase rather than reduce British total debt-load. Moreover, their explanation of the sinking fund paradox integrates a defective fiscal commitment technology with powerful politicians’ incentives to siphon off the money stored in the sinking fund to meet sudden increases of public expenditure whenever the occasion arose.
FISCAL POLICY, MACROECONOMIC STABILITY AND FINITE HORIZONS
2003
In this paper we analyse the stabilisation properties of distortionary taxes in a New Keynesian model with overlapping generations of finitely-lived consumers. In this framework, government debt is part of net wealth and this adds a number of interesting channels through which fiscal policy could affect output and inflation. Output volatility, in presence of technology shocks, is not substantially affected by the operation of automatic stabilisers but we find interesting composition effects. While the presence of finitely-lived households strengthens the stabilisation performance of distortionary taxes through the reduction of the volatility of consumption, it does so at the cost of more vo…
The Unemployment Issue
2012
This timely book uses cutting-edge research to analyse the fundamental causes of economic and financial crises, and illustrates the macroeconomic foundations required for future economic policymaking in order to avoid these crises.
El patrón oro y el euro. Una reflexión a partir de la lectura de A Tract on Monetary Reform
2017
This paper makes a comparison between the gold standard and the euro through a study of Keynes’s views on the need to manage the macroeconomic situation of an industrial economy. The essay centers on Keynes’s first relevant economic work of the post World War I years, A Tract on Monetary Reform, analyzing its theoretical and practical content. The situation of monetary instability and the choice of exchange regime (to return or not to the gold standard, with the parity prior to the war) were the factors that attracted Keynes’s attention in those years. Similarities between the gold standard and the present euro system bestow a certain interest on Keynes’s ideas and on the economic discussio…
La défense du produit et le disfonctionnement du système économique
1986
Pour arriver à la connaissance de l'économie monétaire, il est indispensable de tenir compte de l'origine et de l'emploi de la monnaie ; il est non moins indispensable cependant de savoir comment la monnaie est intégrée à l'économie de production. Cette intégration est le pivot sur lequel nous nous proposons de fonder notre étude, dont le point de départ pourrait être l'acquisition de la connaissance véritable de la monnaie, qui joue un rôle essentiel dans nos sociétés économiques. En soulignant certains problèmes centraux, cette connaissance permettrait d'éviter quelques-uns des maux qui frappent nos économies, notamment le dysfonctionnement du système économique, dont l'une des causes est…