Titlebook: Normal Prices, Technical Change and Accumulation; Bertram Schefold Book 1997 Palgrave Macmillan, a division of Macmillan Publishers Limite

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Capital, Growth and Definitions of Technical Progressn neutral technical progress, and capital theory which emphasises the potentially radically different features of alternative techniques in static comparisons. Capital theory has shaken the neoclassical theory of growth by discrediting the construction of the surrogate production function but I shal

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Sraffa and Applied Economics: Joint Productionique of the theory of value. As a consequence of discussions which were decisively influenced by Sraffa, the economic profession has in the last 15 years begun to accept the fact that the aggregate production function is an illegitimate tool of analysis. Wider implications for the neoclassical schoo

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On Changes in the Composition of Outputts change so that there seems to be no room for a consideration of demand. If, on the other hand, distribution is given and there are constant returns to scale, prices are determined independently of the levels of output in the different sectors. It would then seem that demand conditions can be free

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ody of intellectually tough, partly formalizable, partly empirical teachable doctrine about the design process. " [H.A. Simon, 1968} Design is aimed at the transformation or translation of a specification or high- level description into a description in terms of some real-world primitives. As such i

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Bertram Schefoldody of intellectually tough, partly formalizable, partly empirical teachable doctrine about the design process. " [H.A. Simon, 1968} Design is aimed at the transformation or translation of a specification or high- level description into a description in terms of some real-world primitives. As such i

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ellectually tough, partly formalizable, partly empirical teachable doctrine about the design process. " [H.A. Simon, 1968} Design is aimed at the transformation or translation of a specification or high- level description into a description in terms of some real-world primitives. As such it involves

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Bertram Schefoldellectually tough, partly formalizable, partly empirical teachable doctrine about the design process. " [H.A. Simon, 1968} Design is aimed at the transformation or translation of a specification or high- level description into a description in terms of some real-world primitives. As such it involves

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designed and marketed according to four fundamental characteristics: speed, simplicity, customization and gratuity. First, digital technology relates to time in an inverse proportionality ratio. The shorter the interval between the action performed by the user (and the expected result consequential