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Marxian Reproduction Schema
Money and Aggregate Demand in a Capitalist Economy
Series: Routledge Frontiers of Political Economy
In 1878 Karl Marx developed the reproduction schema: his model of how total capital is produced and reproduced. This is thought to be the first two-sector economic model ever constructed. Two key aspects of Marx’s writings are widely agreed to be undeveloped: The role of aggregate demand and the...
Published December 16th 2009 by Routledge