Comment: Hayes on Z.

A commentary on an article by Mark Hayes that appeared in the Cambridge Journal of Economics, vol. 31, no. 5, 2007, pp. 741–753. In his article, Hayes reaffirmed the supply-side basis of Keynes' economics. The writers welcome this, but take Hayes to task on three particular issues: the inadmissib...

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Publicado en:Cambridge Journal of Economics Vol. 32; no. 5; pp. 815 - 820
Autores principales: Hartwig, J., Brady, M. E.
Formato: Artículo
Publicado: Oxford University Press / UK September 2008
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: Comment: Hayes on Z.
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          Hartwig, J.
          Brady, M. E.
      su:
        Keynes, John Maynard, 1883-1946
        Mathematical models of supply & demand
        Neoclassical school of economics
        Mathematical models
        Marginal productivity
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          Mathematical models of supply & demand
          Neoclassical school of economics
          Mathematical models
          Marginal productivity
          Keynes, John Maynard, 1883-1946
      ab: A commentary on an article by Mark Hayes that appeared in the Cambridge Journal of Economics, vol. 31, no. 5, 2007, pp. 741–753. In his article, Hayes reaffirmed the supply-side basis of Keynes' economics. The writers welcome this, but take Hayes to task on three particular issues: the inadmissibility of assuming homogeneous aggregate output; the prices implicit in the aggregate demand and supply functions; and derivatives, differentials, and factor cost other than labor.
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    language: English
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