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- W2096486405 abstract "Classical political economy was underpinned by a shared view of the economy as a circular flow. This begged the question of how the value of produce can exceed the value of factor inputs: the ‘Profit Puzzle’. In this paper we advocate an understanding of the Profit Puzzle as a monetary paradox arising from Say’s Law. We trace how Classical, Keynesian and Neoclassical economists addressed the Puzzle. We suggest a solution based on the work of Bentham." @default.
- W2096486405 created "2016-06-24" @default.
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- W2096486405 date "2010-01-29" @default.
- W2096486405 modified "2023-09-24" @default.
- W2096486405 title "What is the Source of Profit and Interest? A Classical Conundrum Reconsidered" @default.
- W2096486405 hasPublicationYear "2010" @default.
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