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Quelques bénéfices heuristiques d’une redéfinition du profit
[Some heuristic advantages from redefining of profit]

Author

Listed:
  • Kroës, Romain

Abstract

The present paper puts forward a new economic circuit of value, 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 rush to productivity as being globally nothing but a Sisyphean task; this will be statistically confirmed

Suggested Citation

  • Kroës, Romain, 2007. "Quelques bénéfices heuristiques d’une redéfinition du profit [Some heuristic advantages from redefining of profit]," MPRA Paper 11725, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:11725
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    File URL: https://mpra.ub.uni-muenchen.de/11725/1/MPRA_paper_11725.pdf
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    More about this item

    Keywords

    profit: productivité: redondance du PIB: Keynes: Marx;

    JEL classification:

    • B0 - Schools of Economic Thought and Methodology - - General
    • C0 - Mathematical and Quantitative Methods - - General
    • A1 - General Economics and Teaching - - General Economics
    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • C4 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics

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