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Profit and Cost in "Modern" Post-Marxian Profit Theory: A Case Study from Varian's "Intermediate Microeconomics"
(2003-09)
In this paper, I examine the treatment of competitive profit of professor Varian in his
textbook on Microeconomics, as a representative of the “modern” post-Marxian view on competitive profit. I show how, on the one hand, ...
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 ...