1st Edition
Marxian Reproduction Schema Money and Aggregate Demand in a Capitalist Economy
By Andrew Trigg
Copyright 2006
144 Pages
2 B/W Illustrations
by
Routledge
144 Pages
by
Routledge
144 Pages
by
Routledge
Also available as eBook on:
In 1878 Karl Marx developed the reproduction schema: his model of how total capital is produced and reproduced. This is thought to be the first two-sector economic model ever constructed. Two key aspects of Marx’s writings are widely agreed to be undeveloped: The role of aggregate demand and the role of money. This book synthesizes various strands of economic thought to enable the reader to... Read more
1. Introduction 2. The Multiplier 3. The Kalecki Principle 4. The Monetary Circuit 5. Money, Growth and Crisis 6. Beyond Underconsumption 7. The Falling Rate of Profit 8. The Transformation Problem
Biography
Andrew Trigg
'Andrew Trigg has provided an important building block for the analysis of money and aggregate demand in capitalist economies.' Eckhard Hein, Macroeconomic Policy Institute (IMK), Düsseldorf
