Economics 5688, Winter 2008, Mathew Forstater
Colloquium On Political Economy
Patty-Cantillon "Surplus Approach" Model
Classical Political Economy and Neoclassical Economics
Say's Law, Classical and Neoclassical Versions
The Neoclassical Theory of Output
Alternative Effective Demand and Employment Two-Sector Model
Alternative Multiplier Model: The Simple Theory of Effective Demand
Conventional and Alternative Model Diagrams
Endogenous Money in the Alternative Multiplier Framework
Alternative Simple Effective Demand Model: Taxing Wages and Public/Private Balances