“Is that to say we are against Free Trade? No, we are for Free Trade, because by Free Trade all economical laws, with their most astounding contradictions, will act upon a larger scale, upon the territory of the whole earth; and because from the uniting of all these contradictions in a single group, where they will stand face to face, will result the struggle which will itself eventuate in the emancipation of the proletariat.”
Karl Heinrich MarxMarx-Engels Collected Works, Vol. VI, p. 290.
Robert Lucas: the rationality of capitalism
Robert Lucas has died at the age of 85. Lucas was a leading mainstream neoclassical economist at the University of Chicago – the bastion of neoclassical equilibrium economic theory. In 1995, Lucas received a ‘Nobel prize’ for his theory of ‘rational expectations’. He was regarded by Greg Mankiw, the author of the main mainstream economics…
SOBRE LOS EFECTOS DE LA POLÍTICA ECONÓMICA EN LOS ENFOQUES CLÁSICO, KEYNESIANO Y NEOKEYNESIANO
ISADORE NABI La imagen del encabezado ha sido tomada del CFI con fines decorativos.