Quoting Paul <[EMAIL PROTECTED]>:
[Some references: "On Being Keynesian in the Short Run and Marxian in the Long Run" Dumenil & Levy; "Wandering Around the Warranted Path" Shaikh; "The Social Wage, Welfare Policy, and the Phases of Capital Accumulation" Moudud & Zacharias]
Paul, I would say that none of these articles present a Marxian view of fiscal policy. None address the question of the effects of expansionary fiscal policy on the rate of profit. (By the way, the title of Dumenil and Levy's paper is " ... and CLASSICAL in the Long Run.") Comradely, Fred ---------------------------------------------------------------- This message was sent using IMP, the Internet Messaging Program.
