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Introduction

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Abstract

From a methodological and epistemological perspective, the criterion that allows differentiating the different theoretical matrices is the conception of the nature of capital, more than the value theory, or the absence of such theory. These essays will define this criterion from the opposition between the universalist and the historicist thesis. Such theoretical debate is fundamental in regard to the construction of instrumental tools to interpret data and empirical phenomena: production function to evaluate GDP, catching-up in regard to the Solow’s models and the convergence thesis, and so on.

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Notes

  1. 1.

    Even if we observe such conception in Adam Smith theory (1980).

  2. 2.

    As I will show it in Chapter 7, I will include Grossman and Stiglitz in the Keynesian matrix.

  3. 3.

    In regard to the historicity of Marxian analysis, and to some ambiguities of Marx´s position, see Herscovici (2002) and Orléan (2011).

  4. 4.

    I will write GT for The General Theory of Employment, Interest and Money of Keynes, 2009 [1936].

  5. 5.

    If the micro level is individual, and the macro level the aggregate one, i.e., all markets, the meso level is related to the aggregation at the level of one specific market.

References

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Herscovici, A. (2019). Introduction. In: Essays on the Historicity of Capital. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-14838-6_1

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  • DOI: https://doi.org/10.1007/978-3-030-14838-6_1

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-030-14837-9

  • Online ISBN: 978-3-030-14838-6

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