The relevance of the Marshallian concept of normality in interior and inertial dynamics as revisited by Shackle and Kornai

Article Abstract:

Marshall's theory about the long-period supply curve accommodates the idea of the businessman embracing change while also recognizing that there is an element of equilibrium because the reasoning behind the changes remains constant. This inside and outside perspective has been used to develop the concept of 'normal. However, Marshall can be criticised for not distinguishing between a supply curve which is visualized by a businessman who is looking at precise moments and a curve tracing the growth of the company over time. Shackle and Kornai have addressed this.

Neoclassical economics

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The emergence of technology systems: Knowledge production and distribution in the case of the Emilian plastics district

Article Abstract:

The main purpose is to provide evidence of the manner in which interdependence among industrial, institutional, technological and regional factors both synchronically and diachronically account for the generation and diffusion of localized technological knowledge using the Emilian plastic case. The emergence of a structured flow of complementary knowledge bases are integrated at different levels and supported by complementary interactions among a variety of knowledge producers.

United States, Knowledge management, Database administration

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Kornai and the vanguard mode of production

Article Abstract:

Janos Kornai had a very significant impact on the study of actually existing socialism. He highlighted the extent to which actually existing socialism must be seen as an integral whole, with relations coexisting and supporting each other.

Models, Criticism and interpretation, Socialism, Kornai, Janus

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