Samuelson P.A.

1983

Marx, Keynes and Schumpeter


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1971

A New Labor Theory of Value for Rational Planning Through Use of theBourgeois Profit Rate
ABSTRACT   
To maximize steady-state per capita consumptions, goods should be valued at their "synchronized labor requirement costs", which are shown to deviate from Marx's schemata of "values" but to coincide with bour- geois prices calculated at dated labor requirements, marked-up by compound interest, at a profit or interest rate equal to the system's rate of exponential growth. With capitalists saving all their incomes for future profits, workers get all there is to get. Departures from such an exogenous, orendogenous, golden-rule state are the rulein history rather than the exception. In the case of ex- ponential labor-augmenting change, it is shown thatcom - petitive prices will equal historically embodied labor content.


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1971
Understanding the marxian notion of exploitation : a summary of the so-called transformation problem between marxian values and the competitive prices 

Journal of Economic Literature, vol. 9, no 2, p. 399-431.


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1967

Marxian economics as economics
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1952 

Economics Theory and Mathematics - an appraisal


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