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Letzte Kommentare
- Benedita bei Germany: The shadow side of the rocky reform road
- Immobilienmakler in Hamburg bei Die Wachstumsprognose 2007 — ein “moving target”
- Aimée bei The case against stabilization policy — why is the discussion in the U.S. often so different from Europe?
- tabata bei Nullum crimen, nulla poena sine praevia lege poenali: A Reply to Ester Faia and Ignazio Angeloni
- Mała Księgowość bei Nullum crimen, nulla poena sine praevia lege poenali: A Reply to Ester Faia and Ignazio Angeloni
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Tag Archives: Income Distribution
Germany: The shadow side of the rocky reform road
In a recent post and in direct or indirect reply to a post by Michael Burda, I talked about the "rocky road to full employment" — borrowing a phrase from the neo-structuralist Lance Taylor. In short, neo-structuralist thinking in the spirit of Taylor describes economic development as an integrated process with a special focus on distributional conflicts, the interaction with social and political structures (to a large extent inherited from colonial past) and a far more open view regarding state interventions as in more market-dominated approaches.
Thomas Fricke über Angstsparen
In der heuten Ausgabe der FTD schreibt Thomas Fricke über Angstssparen (Angst essen — nicht Seele aber — Agenda auf. Herr Fricke als Fassbender-Fan wäre aber mal ein anderes Thema).
Hier mein Kommentar:
Posted in Blog
Tagged counter-cyclicality, Income Distribution, Keynesianism, Konjunktur, Risk
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Hip Heterodoxy Again: Tom Palley on Income Distribution
The discussion has still some interesting aspects.
Here is a quite thoughtful post by Tom Palley:
Last week as part of a discussion on the state of orthodox economics hosted by TPM Café, I posted an article excavating the microeconomic foundations of neo-classical economics. In that article I wrote:
There is one place that even orthodox lefties dare not go. That untouchable place is marginal product theory of income distribution, which basically says that competitive markets ensure that people are paid their contribution to production. This theory provides both a justification and an explanation of income distribution.
Posted in Blog
Tagged Heterodoxy, Income Distribution, Keynesianism, Neoclassical Economics
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