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Disproving Joan Robinson's Interest Rate Theory

ebook
1 of 1 copy available
1 of 1 copy available

Karl Marx (1867) defined profit rate as the upper limit of interest rate, and claimed that actual interest rate must be somewhere below this limit. Detesting the uncertainty, Joan Robinson (1959) simply set interest rate to profit rate. This book disproves Robinson.

Formats

  • OverDrive Read
  • EPUB ebook

subjects

Languages

  • English

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