nep-pke New Economics Papers
on Post Keynesian Economics
Issue of 2008‒06‒27
four papers chosen by
Karl Petrick
University of the West Indies

  1. Pluralism and Heterodox Economics: Suggestions for an “Inside the Mainstream” Heterodoxy By David Colander
  2. On the instantaneous life of a nondurable input: a reflection in light of Cantor, Newton and Zeno By Man-Seop Park
  3. How to give up 'wrestling with time': the case of horizontal innovation models By Man-Seop Park
  4. "The Middle Class Patriarch in the Bourgeois Public" By Christer Ericsson; Bjorn Horgby

  1. By: David Colander
    Date: 2007
  2. By: Man-Seop Park (Department of Economics, Korea University, South Korea)
    Abstract: A nondurable producer good that incurs no interest cost, which implies the instantaneous period of production, is a feature of many important models. We investigate various issues arising from this feature: counting the uncountably infinite (pace Cantor), modeling time as two infinitely distant instants (pace Newton), and accommodating no sequence of production (pro Zeno). These issues are all related to the property of real numbers, to which the instantaneous period of production inevitably leads. It is concluded that the current accounting practice based on the instantaneous period of production should be revised.
    Keywords: Nondurable input, Durable input, Instantaneous period of production, Uncountably infinite, Model time, Sequence of production
    JEL: C02 D24 O41
    Date: 2008
  3. By: Man-Seop Park (Department of Economics, Korea University, South Korea)
    Date: 2008
  4. By: Christer Ericsson (Department of Social Sciences, Malardalen University); Bjorn Horgby (Department of Humanities, Orebro University)
    Abstract: During the second parts of the nineteenth century and the first part of the twentieth century the middle class patriarch played an important role in the formation and transformation of the bourgeoisie in Sweden - especially in the upper middle class dominated by industrialists, wholesalers and owners of "bruk". According to the comic press in the early twentieth century appearance was characteristic. Obviously he was a man. In the caricatures he often carried a high cylinder, wore a sturdy moustache a' la Bismarck, was evidently thick and because of that a back leaned posture, and had a authoritative appearance. Often he smoked a fat cigar. Here we will discuss his world view. First of all we discuss him on the basis of the changes in the bourgeois public and its patriarchal relations. Then we consider important parts of the world view and lastly we discuss the middle class patriarch as an industrialist.
    Date: 2008–06

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