Questions tagged [karl-marx]
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Does productivity lessen the birth rate as Adam Smith claims?
‘That the demand for men, like that for any other commodity, necessarily regulates the production of men, quickens it when it goes on too slowly, and stops it when it advances too fast.’ (Adam Smith, ...
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Who first described/coined “velocity” of money?
Restatement: Who is responsible for originating the term “velocity” to describe the rate of money circulation? Also, who is responsible for first discussing this rate, specifically?
Background: While ...
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How can a "producer face a limited market as regards sales and yet a highly competitive market as regards price"?
Kaldor (1972):
it is evident that the co-existence of increasing returns and competition—emphasised by Young and also by Marx, but wholly excluded by the axiomatic framework of Walrasian economics—is ...
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