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Ricardo, Keynes and Stiglitz: The Epistemological Convergences

  • Alain HerscoviciEmail author
Chapter

Abstract

Heterogeneity is defined from two temporal dimensions: the first one is related to the evaluation of a stock composed by heterogeneous capitals, in a specific point of time. The second dimension is related to the comparison of the value of some stock of capital in different periods. From such perspective, I will demonstrate why the Ricardian and the Keynesian methods are dynamic while the neoclassical one is, by nature, static.

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Copyright information

© The Author(s) 2019

Authors and Affiliations

  1. 1.Universidade Federal do Espírito SantoVitóriaBrazil

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