The Existence of Profits within the Monetary Circuit: Some Unanswered Questions Revisited

Abstract

In previous work (Rochon, 2005), I examined the problem pertaining to the monetary realization of profits, arguing that, at the macroeconomic level, profits arise as firms are able to finance part of their investment through bank lending, and can repay the totality of the bank loan over several periods of production. This solution avoided the so-called ‘opening-up’ fallacy, to wit, relying on some external explanation or sector in order to generate macroeconomic profits. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 13 citations exist upstream.

Papers that cite the same references — the relational fallback while embeddings are still backfilling.