{"title":"The Foundations of Real-World Economics: What Every Student Needs to Know","authors":"George H. Blackford","doi":"10.1093/CPE/BZZ005","DOIUrl":"https://doi.org/10.1093/CPE/BZZ005","url":null,"abstract":"","PeriodicalId":38730,"journal":{"name":"Contributions to Political Economy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1093/CPE/BZZ005","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43673831","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"John Law A Scottish Adventurer of the Eighteenth Century","authors":"A. Murphy","doi":"10.1093/CPE/BZZ008","DOIUrl":"https://doi.org/10.1093/CPE/BZZ008","url":null,"abstract":"","PeriodicalId":38730,"journal":{"name":"Contributions to Political Economy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1093/CPE/BZZ008","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47766490","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Hegemony of Growth—The OECD and the Making of the Economic Growth Paradigm","authors":"F. Obeng-Odoom","doi":"10.1093/CPE/BZZ009","DOIUrl":"https://doi.org/10.1093/CPE/BZZ009","url":null,"abstract":"","PeriodicalId":38730,"journal":{"name":"Contributions to Political Economy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1093/CPE/BZZ009","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43850194","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Review of Jesse Norman: Adam Smith: What He Thought and Why It Matters. Allen Lane 2018","authors":"A. Bailey","doi":"10.1093/CPE/BZZ002","DOIUrl":"https://doi.org/10.1093/CPE/BZZ002","url":null,"abstract":"","PeriodicalId":38730,"journal":{"name":"Contributions to Political Economy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1093/CPE/BZZ002","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48397116","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"MARX’S PAMPHLETIST: CHARLES WENTWORTH DILKE AND HIS TRACT ON THE SOURCE AND REMEDY OF THE NATIONAL DIFFICULTIES (1821)","authors":"G. D. Vivo","doi":"10.1093/CPE/BZZ016","DOIUrl":"https://doi.org/10.1093/CPE/BZZ016","url":null,"abstract":"","PeriodicalId":38730,"journal":{"name":"Contributions to Political Economy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1093/CPE/BZZ016","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45700343","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"THE SOURCE AND REMEDY OF THE NATIONAL DIFFICULTIES, DEDUCED FROM PRINCIPLES OF POLITICAL ECONOMY, IN A LETTER TO LORD JOHN RUSSELL(0)","authors":"C. W. Dilke","doi":"10.1093/CPE/BZZ012","DOIUrl":"https://doi.org/10.1093/CPE/BZZ012","url":null,"abstract":"","PeriodicalId":38730,"journal":{"name":"Contributions to Political Economy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1093/CPE/BZZ012","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48859275","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Dieter Plehwe, Moritz Neujeffski, Stephen Mcbride","authors":"Aldo Barba","doi":"10.1093/CPE/BZZ003","DOIUrl":"https://doi.org/10.1093/CPE/BZZ003","url":null,"abstract":"","PeriodicalId":38730,"journal":{"name":"Contributions to Political Economy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1093/CPE/BZZ003","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48600701","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"INCOME DISTRIBUTION AND ENVIRONMENTAL SUSTAINABILITY: A SRAFFIAN APPROACH","authors":"J. King","doi":"10.1093/CPE/BZY009","DOIUrl":"https://doi.org/10.1093/CPE/BZY009","url":null,"abstract":"","PeriodicalId":38730,"journal":{"name":"Contributions to Political Economy","volume":"37 1","pages":"141-143"},"PeriodicalIF":0.0,"publicationDate":"2018-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1093/CPE/BZY009","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45420075","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The gravitation process of market prices towards production prices is here presented by means of an analytical framework where the classical capital mobility principle is coupled with a determination of the deviation of market from normal (natural) prices which closely follows the description provided by Adam Smith: each period the level of the market price of a commodity will be higher (lower) than its production price if the quantity brought to the market falls short (exceeds) the level of effectual demand. This approach also simplifies the results with respect to those obtained in cross-dual literature. At the same time, anchoring market prices to effectual demands and quantities brought to the markets requires a careful study of the dynamics of the ‘dimensions’ along with that of the 'proportions' of the system. Three different versions of the model are thus proposed, to study the gravitation process: i) assuming a given level of aggregate employment; ii) assuming a sort of Say's law; iii) and on the basis of an explicit adjustment of actual outputs to effectual demands. All these cases describe dynamics in which market prices can converge asymptotically towards production prices.
{"title":"GRAVITATION OF MARKET PRICES TOWARDS NORMAL PRICES: SOME NEW RESULTS","authors":"E. Bellino, Franklin Serrano","doi":"10.1093/CPE/BZY011","DOIUrl":"https://doi.org/10.1093/CPE/BZY011","url":null,"abstract":"The gravitation process of market prices towards production prices is here presented by means of an analytical framework where the classical capital mobility principle is coupled with a determination of the deviation of market from normal (natural) prices which closely follows the description provided by Adam Smith: each period the level of the market price of a commodity will be higher (lower) than its production price if the quantity brought to the market falls short (exceeds) the level of effectual demand. This approach also simplifies the results with respect to those obtained in cross-dual literature. At the same time, anchoring market prices to effectual demands and quantities brought to the markets requires a careful study of the dynamics of the ‘dimensions’ along with that of the 'proportions' of the system. Three different versions of the model are thus proposed, to study the gravitation process: i) assuming a given level of aggregate employment; ii) assuming a sort of Say's law; iii) and on the basis of an explicit adjustment of actual outputs to effectual demands. All these cases describe dynamics in which market prices can converge asymptotically towards production prices.","PeriodicalId":38730,"journal":{"name":"Contributions to Political Economy","volume":"37 1","pages":"25-64"},"PeriodicalIF":0.0,"publicationDate":"2018-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1093/CPE/BZY011","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46356203","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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