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Now showing items 121-127 of 127
A Fundamental Contradiction in Keynes' Conception of Income
(2003-02)
I contend that Keynes provides two contradictory definitions of aggregate income. According to the first definition, which is the dominant in Keynes as well as the standard in current Macroeconomics, the full value of ...
Quesnay and Leontief on Capital and Income
(2002-03)
I analyze Quesnay's explanation of the "Tableau Economique" of 1766 in order to show that he made a clear distinction between capital and income. In holding this distinction, Quesnay rejected the nowadays currently accepted ...
Adam Smith on Capital and Income
(2002-02)
In this paper I critically analyze Smith's thesis in book I, chapter 6 of the "Wealth of Nations" that the replacement of the capital goods consumed in production becomes fully income. I argue that Smith’s argument is ...
Dornbusch and Fischer on Capital and Income
(2002-05)
In this paper I critically analyze the relationship that professors Dornbusch and Fischer establish among the concepts of GNP, NNP and aggregate income. In principle, aggregate income is NNP; indeed, the whole point of ...
Profit as Cost versus Profit as Surplus over Cost: A Case Study on Varian's "Intermediate Microeconomics"
(UPV/EHU. Departamento de Fundamentos del Análisis Económico I/Ekonomi Analisiaren Oinarriak I Saila, 2004-12)
On the analysis of Varian’s textbook on Microeconomics, which I take to be a
representative of the standard view, I argue that Varian provides two contrary notions of profit, namely, profit as surplus over cost and profit ...
The use of role-play games in teaching: The International Climate Negotiation Game
(2016-04-13)
This paper presents a role-play game designed by the authors, which focuses on
international climate negotiations. The game has been used at a university with students all
drawn from the same course and at summer schools ...
ADAPTECC: A Role-Play Game about Adapting to Climate Change
(2016-04-19)
The ADAPTECC Climate Change Adaptation Game is a role-play game designed to enable
players to experience the difficulties that arise at local and regional levels when authorities have
to implement adaptation measures. ...