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Consumption En Route: The Second Turnpike Theorem

Michio Morishima

in Theory of Economic Growth

Published in print:
1969
Published Online:
November 2003
ISBN:
9780198281641
eISBN:
9780191596667
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198281641.003.0013
Subject:
Economics and Finance, Development, Growth, and Environmental

Chapter 10 was concerned with the Final State Turnpike Theorem on the assumptions that consumption of each good per worker is fixed throughout the planning period and that the authorities try to ... More


Income Inequality: Why It Matters and Why Most Economists Didn't Notice

Matthew P Drennan

Published in print:
2015
Published Online:
May 2016
ISBN:
9780300209587
eISBN:
9780300216349
Item type:
book
Publisher:
Yale University Press
DOI:
10.12987/yale/9780300209587.001.0001
Subject:
Political Science, Public Policy

This book tells two stories. First, it shows that rising income inequality played a major role in causing the financial crisis and Great Recession of 2008-2009. While others have argued that rising, ... More


Consumption Theory and Its Critics

Matthew P. Drennan

in Income Inequality: Why It Matters and Why Most Economists Didn't Notice

Published in print:
2015
Published Online:
May 2016
ISBN:
9780300209587
eISBN:
9780300216349
Item type:
chapter
Publisher:
Yale University Press
DOI:
10.12987/yale/9780300209587.003.0006
Subject:
Political Science, Public Policy

Traces the development of the economic theory of consumption from Malthus and Ricardo to Keynes and Milton Friedman. The arguments of critics of the prevailing Friedman–Modigliani–Brumberg paradigm ... More


Simultaneous Optimization of Population and Capital

Michio Morishima

in Theory of Economic Growth

Published in print:
1969
Published Online:
November 2003
ISBN:
9780198281641
eISBN:
9780191596667
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198281641.003.0016
Subject:
Economics and Finance, Development, Growth, and Environmental

The problem of optimum savings has been discussed by Ramsey on the assumption of a constant population and later by a number of economists on the more general assumption that the labour force expands ... More


Conclusion

Matthew P. Drennan

in Income Inequality: Why It Matters and Why Most Economists Didn't Notice

Published in print:
2015
Published Online:
May 2016
ISBN:
9780300209587
eISBN:
9780300216349
Item type:
chapter
Publisher:
Yale University Press
DOI:
10.12987/yale/9780300209587.003.0008
Subject:
Political Science, Public Policy

Rising income inequality has had deleterious effects upon household debt and saving. The overhang of debt and revived saving by households post 2007 will be a drag on economic expansion for some ... More


British India and Victorian Literary Culture

Máire ní Fhlathúin

Published in print:
2015
Published Online:
May 2017
ISBN:
9780748640683
eISBN:
9781474415996
Item type:
book
Publisher:
Edinburgh University Press
DOI:
10.3366/edinburgh/9780748640683.001.0001
Subject:
Literature, 19th-century and Victorian Literature

The book traces the development of British Indian literature from the early days of the nineteenth century to the end of the Victorian period. Previously unstudied poems and essays drawn from the ... More


Restaurant Republic: The Rise of Public Dining in Boston

Kelly Erby

Published in print:
2016
Published Online:
May 2017
ISBN:
9780816691302
eISBN:
9781452955353
Item type:
book
Publisher:
University of Minnesota Press
DOI:
10.5749/minnesota/9780816691302.001.0001
Subject:
History, Cultural History

Restaurant Republic examines the nascent restaurant landscape in Boston in its entirety, from the most plebian of eateries to the extremely elite and refined. Focusing on the rise of commercial ... More


The Benchmark Paradigm

Assaf Razin

in Understanding Global Crises: An Emerging Paradigm

Published in print:
2015
Published Online:
May 2016
ISBN:
9780262028592
eISBN:
9780262327701
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262028592.003.0011
Subject:
Economics and Finance, International

The benchmark New Keynesian model comprises three globalization features:1. International labor mobility: both inward and outward movements of labor. The presumption is that labor flows tend to ... More


China: Development, Inequality, and Imbalance

Carl Riskin

in China–India: Pathways of Economic and Social Development

Published in print:
2014
Published Online:
January 2015
ISBN:
9780197265673
eISBN:
9780191771903
Item type:
chapter
Publisher:
British Academy
DOI:
10.5871/bacad/9780197265673.003.0002
Subject:
Society and Culture, Asian Studies

China, like India, presents a case of growth with increasing income inequality. In China this has gone hand in hand with a number of serious structural imbalances. It is clear that China’s problems ... More


Ice Cream at Howard Johnson’s

Kelly Erby

in Restaurant Republic: The Rise of Public Dining in Boston

Published in print:
2016
Published Online:
May 2017
ISBN:
9780816691302
eISBN:
9781452955353
Item type:
chapter
Publisher:
University of Minnesota Press
DOI:
10.5749/minnesota/9780816691302.003.0005
Subject:
History, Cultural History

In the epilogue of Restaurant Republic, the author traces the story of commercial dining in Boston into the early twentieth century and reviews the major points of the previous chapters. The findings ... More


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