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Quelques bénéfices heuristiques d’une redéfinition du profit
[Some heuristic Advantages of revising the current Conception of Profit]

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Author Info
Kroës, Romain M.
Abstract

The present paper puts forward a new hypothesis about the economic circuit, which is a product of Marx’s “period of production” and Keynes’s determination order between investment and savings. It leads to a new definition of profit which excludes any remaining competition between savings and consumption on the global scale, and to a revision of National-Accounts’ equation of global income. Finally, the main heuristic benefits of these theoretical developments consist of both acquiring a specific economic time, as an explanatory variable, and demystifying the race to productivity as being globally a Sisyphean task; this will be statistically confirmed.

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File URL: http://mpra.ub.uni-muenchen.de/11848/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 11848.

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Date of creation: 25 Sep 2008
Date of revision: 24 Nov 2008
Handle: RePEc:pra:mprapa:11848

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Related research
Keywords: profit; productivité; crise; limite d'accumulation;

Find related papers by JEL classification:
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B0 - Schools of Economic Thought and Methodology - - General
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C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Hypothesis Testing
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This page was last updated on 2009-11-29.

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