Classical Political Economy and Secular Stagnation

Aggregate Demand, Functional Finance and Secular Stagnation

This paper makes three main points. Fiscal policy, …rst, may be needed in the long run to maintain full employment and avoid secular stagnation. If …scal policy is used in this way, second, the long-run debt ratio depends (i) inversely on the rate of growth, (ii) inversely on government consumption, and (iii) directly on the degree of inequality. The analysis, third, suggests that policies and ...

Sen, Sraffa and the revival of classical political economy

Collaboration in classical political economy and noncooperative game theory.

This commentary suggests (1) that there are precedents for Smaldino's "collaboration" in the history of economic thought before 1900 and (2) that the distinction of collaboration from what is thought of as cooperation in game theory is less clear than Smaldino suggests.

Religious-Secular Cleavage and Political Stability in Israel

Due to its artificial and unnatural structure, Israeli society has since the beginning of its establishment, been a context for the emergence of different kinds of cleavages and tensions. This state of affairs has endangered the political stability of the Israeli regime. The present research is trying to answer this question: what is the effect of religious-secular cleavages in Israel on the fu...

political economy of china in central asia

this research is about the political economy of china in central asia. in this research the political & economic interactions affected on chinas political economy in central asia are examined. chinas goal of presence in central asia including political-security, economic and energy goals is described in one part. in another part, the trade relations between china and central asian countries ar...