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Journal of Post Keynesian Economics Volume 12, 1990 - Issue 3
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Original Articles

Government Activity Does Invalidate the “Cambridge Theorem of the Rate of Profit”

F. H. Fleck
&
C.-M. Domenghino
Pages 487-497 | Published online: 04 Nov 2015

References

  • Baumol, W. J., and Blinder, A. S. Economics, Principles and Policy. New York: Harcourt, 1982.
  • Dalziel, P. C. Comment on “Cambridge (U.K.) versus Cambridge (Mass.): A Keynesian Solution of Pasinetti’s Paradox.” Journal of Post Keynesian Economics, 1989, 11, pp.648–653.
  • Davidson, P. “Post Keynesian Economics.” In The Crisis in Economic Theory, D. Bell and I. Kristol, eds. New York: Basic Books, 1981.
  • Domenghino, C.-M. Die Weiterentwicklung derpostkeynesianischen Verteilungs-theorie. Bem/Frankfurt/Las Vegas: Lang Verlag, 1981a.
  • Domenghino, C.-M. Ein neuer ‘logical slip’? Working paper for Prof. Fleck’s doctoral seminar, 1981b.
  • Fleck, F. H., and Domenghino, C.-M. “Cambridge (U.K.) versus Cambridge (Mass.): A Keynesian Solution of Pasinetti’s Paradox.” Journal of Post Keynesian Economics, 1987, 10, 22–36.
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  • Lipsey, R. G.; Purvis, D. P.; and Steiner, P. O. Economics. New York: Harper and Row, 1985.
  • Meade, J. E. The Balance of Payments. London: Oxford University Press, 1951.
  • Mill, J. Commerce Defended. London, 1802.
  • Musgrave, R. A., and Musgrave, P. B. Public Finance in Theory and Practice. New York: McGraw Hill, 1984.
  • OECD National Accounts, Main Aggregates, Volume 1: 1960-1986. Paris, 1988.
  • Pasinetti, Luigi L. “Rate of Profit and Income Distribution in Relation to the Rate of Economic Growth.” Review of Economic Studies, 1962, 29, 267–297. Reprinted in L. L. Pasinetti, Growth and Income Distribution: Essays in Economic Theory. Cambridge: Cambridge University Press, 1974.
  • Pasinetti, Luigi L. “Government Deficit Spending Is Not Incompatible with the Cambridge Theorem of the Rate of Profit: A Reply to Fleck and Domenghino.” Journal of Post Keynesian Economics, 1989, 11, 641–647.
  • Samuelson, P. A. Economics. New York: McGraw Hill, 1980.

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