Alternative theories of the rate of interest

Article Abstract:

An alternative to the monetary determination of interest rates is developed based on the liquidity preference theory of asset prices where there are as many prevailing interest rates as there are assets. The model is used to analyze the validity of interest rate patterns using the framework of horizontalist, verticalist, portfolio balance and Keynesian theories. The liquidity preference theory is consistently applicable even with an endogenous money supply as long as a distinction is made between money demand and liquidity preference.

Analysis, Interest rates, Liquidity (Finance)

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Marx's theories of value: a response to Cartelier and Williams

Article Abstract:

Marx's second theory of value is discussed along with its interpretation by Michael Williams and Jean Cartelier. This theory retains the fundamental features of the first theory such as form of value, concrete and abstract labor and labor-power, but combines them in different forms and replaces vague magnitudes with physical quantities. It presents an account of surplus value which eliminates some weaknesses of the first theory.

Criticism and interpretation, Marxist economics, Cartelier, Jean, Williams, Michael (British actor)

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Shifting theories: partial perspectives on the household

Article Abstract:

Frameworks that explain the diversity of social reality in households are discussed. Studying female-headed households requires the study of social relations within these institutions. It is concluded that ontology is essential to feminist economics, since it presents the reality of diversity within households.

United Kingdom, Science & research, Research, Influence, Households, Patriarchy, Report

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