nep-pke New Economics Papers
on Post Keynesian Economics
Issue of 2010‒02‒20
three papers chosen by
Karl Petrick
University of the West Indies

  1. Organizational mechanisms of inclusive growth: A critical realist perspective on scaling By Seelos, Christian; Mair, Johanna
  2. In Favor of Rigor and Relevance. A Reply to Mark Blaug By Kurz, Heinz D.; Salvadori, Neri
  3. Politics and trade: lessons from past globalisations By Kevin O'Rourke

  1. By: Seelos, Christian (IESE Business School); Mair, Johanna (IESE Business School)
    Abstract: We investigate the challenge how the outcomes of innovation for inclusive growth, the novel organizational recipes, can be scaled to match the dimension of poverty. We conceptualize scaling as sustained event regularities between doing A and expected outcomes B. Building on a critical realist perspective, we develop an analytical framework of organizational closure and apply it to an extreme case, an organization with an inclusive growth model that has sustained event regularities for more than two decades. Our analysis reveals closure as an organizational competence with important implications for achieving scale in the context of poverty. We develop of a number of propositions between the link of organizational closure and scaling with implications for practice and further academic research.
    Keywords: Organizational closure; social entrepreneurship; counterfactual analysis; retroduction;
    Date: 2010–01–09
  2. By: Kurz, Heinz D.; Salvadori, Neri
    Abstract: The paper discusses Mark Blaug’s recent criticisms of “Sraffian economics”. It is shown that none of the criticisms stand up to close examination. Blaug commits a number of elementary blunders and mistakes the mathematical form of an argument for its content. He variously contradicts himself and puts forward bold contentions that cannot be sustained. The paper concludes with an obvious plea for rigor and relevance.
    Keywords: Piero Sraffa;Mark Blaug; General Equilibrium
    JEL: B51 D50 B12 A12 A11
    Date: 2010–02–04
  3. By: Kevin O'Rourke
    Abstract: After tracing the link between politics and trade over a millennium, KevinO'Rourke identifies permanent features of international economic relations. His timing is perfect. The crisis has switched the balance of power. Government is back in the driving seat and corporations look fragile. No one can predict how the cards will fall, but politics is making a come-back and will inevitably play a bigger role in shaping our future.
    Date: 2009–01

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