Showing papers by "John E. King published in 1997"
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TL;DR: In this paper, the authors discuss the origin of the concept, between 1930 and 1933, in the writings of L. Giblin, R.F. Kahn, Roy Harrold and Michal Kalecki.
Abstract: In this paper i discuss the origin of the concept, between 1930 and 1933, in the writings of L.F. Giblin, R.F. Kahn, Roy Harrold and Michal Kalecki. Of the four, i argue, Kalecki's treatment of the export multiplier is most interesting, not least because he anticipated much more recent analyses of the balance of payments constraint on economic growth.
9 citations
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TL;DR: In this article, the authors assess the narrowly economic case for deregulation of the labour market and argue that the market for labour power will always be regulated by someone, if not by the state or the unions then by the untrammelled power of capital.
Abstract: First the financial market, then the product market... surely the time has come for deregulation of the labour market? Social theorists argue that labour market deregulation is something of an oxymoron. The market for labour power will always be regulated by someone, if not by the state or the unions then by the untrammelled power of capital. This, i think, is true, but it is not central to the purpose of this paper, which is rather to assess the narrowly economic case for deregulation.
3 citations