Increasing returns to scale and the prospects of small-scale enterprises

Article Abstract:

German economist Wilhelm Roscher was influenced by Ricardo's cost theory even though it is generally assumed that nineteenth-century German economics did not absorb Ricardo's ideas on production. In turn, Wilhelm Roscher's macroeconomic production function theory influenced Karl Marx. This may be determined from the 'vitriolic remarks' of Marx about Roscher in 'Capital' where Roscher is mentioned at least 10 times and the 'close affinity' of his work with 'Capital.'

Analysis, History, Beliefs, opinions and attitudes, Criticism and interpretation, Marxist economics, Macroeconomics, Production (Economics), Capital, Roscher, Wilhelm Georg Friedrich

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The perseverance of Paul Samuelson's 'Economics.'

Article Abstract:

Paul Samuelson's 'Economics' is among the pioneering works that delve on introductory economics courses. Succeeding generations of Samuelson's contributions reflect the 50-year trend of teaching such courses. His focus was on macroeconomics and policy advice where his knowledge on rhetorical strategy was exemplified. Samuelson's progressive views have paved the way for a balanced brand of economics that stresses the importance of economic stabilization.

Economics, Bibliography, Samuelson, Paul A.

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Maynard Keynes resurrected?

Article Abstract:

Issues concerning the impact of John Maynard Keynes in the 20th century are discussed. Attention is given to matters including what policies Keynes would advocate today.

Keynes, John Maynard

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