| Titre | Accumulation et demande effective : Quelques notes. | |
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| Auteur | Heinz D. Kurz | |
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Revue | Cahiers d'économie politique |
| Numéro | no 22, printemps 1993 Actualité et spécificité de la pensée classique | |
| Page | 59-82 | |
| Résumé anglais |
The present paper discusses some long-run aspects of what Keynes called "the other point of view". In the interpretation given it is potential output or productive capacity that tends to adjust to actual output or effective demand, rather than the other way round. Early visions of the two alternative points of view clashed in the discussion between Malthus and Ricardo about the possibility of a "general glut" of commodities. The neo-Keynesian approach to growth and distribution theory is rejected on the grounds that the principle of effective demand is inconsistent with the assumption that productive capacity is permanently utilized at the level desired by entrepreneurs. Sraffa's analysis is then used to show how the cost-minimizing pattern of operation of plant and equipment is determined. In the final section it is discussed how investment generates the corresponding volume of savings both in the short and the long run. Source : Éditeur (via Persée) |
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| Article en ligne | http://www.persee.fr/web/revues/home/prescript/article/cep_0154-8344_1993_num_22_1_1145 |
