sweden and spain experiment with different provider models to reform healthcare provision. both models have in common that they extend the role of the for-profit sector in healthcare. as the analysis of saltman and duran demonstrates, privatisation is an ambiguous and contested strategy that is used for quite different purposes. in our comment, we emphasize that their analysis leaves questions ...

The breeding objective defines the selection emphasis placed on individual traits based on the economic importance of each trait. In PIGBLUP, the $Index defines the breeding objective based on the profit function developed by Stewart et al. (1990). The profit function was based on two main equations quantifying a sow herd sub-objective (SHSO) and a growing-finishing subobjective (GFSO). Informa...

In this paper the two identical unit cold standby systems with single repairman has been discussed.The concept of inspection policy has also been introduced for detecting the kind of failures (major or minor) before the failed unit get repaired by some repair mechanism.The model has been design for the system to calculate the various important measures of reliability i.e MTSF, steady state avai...

Published in the Review of Radical Political Economics, December 1997 THE RATE OF PROFIT AND THE FUTURE OF CAPITALISM According to Marxian theory, the performance of capitalist economies depends above all else on the rate of profit. When the rate of profit is high, capitalism is relatively prosperous: business investment is high, unemployment is relatively low, and the living standards of worke...

The 2007 financial crisis has reignited the discussion on crises, their origin and possible remedies. At present the most influential thesis on the left sees the crisis as caused by underconsumption and recommends Keynesian policies as a solution. This paper argues that we should understand the crisis from the perspective of Karl Marx’s “law of the tendential fall in the average rate of profit”...

Area Editor: John H. Roberts Despite conventional wisdom that firm profits decrease with competitive entry, the empirical literaturefinds a number of situationswhere the entry of an equivalent-quality competitor into amarket led to higher profits for the incumbents. Our paper uses a standard linear Hotelling (1929)market to study how location choices affect the possibility that profits increase...