A. W. Bob Coats, 1924–2007

The paper shows that the conventional neoclassical interpretation of von Neumann's growth model cannot be sustained. Other than in models in the tradition of Walras and Cassel, in his model there is no given ‘capital’ endowment that constrains productive capacity and provides the basis, in terms of its relative ‘scarcity’, for a determination of the interest rate. Von Neumann's model is rather fully compatible with, and has been anticipated in all relevant aspects by, authors whose contributions can be strictly located within, the classical tradition. This concerns in particular the asymmetric treatment of the distributive variables. Finally it is argued that von Neumann's model may be interpreted as containing inter alia, an answer to the ideas put forward by his fellow-mathematician Robert Remark. Both circumstantial evidence and a careful textual comparison of Remak's paper on ‘superposed price systems’ and von Neumann's analysis support this interpretation.     

关于中国,关于.com

这是讲述一些人经历的书,这些人现在大部分被冠予"网络人"的称号.无论重视还是不重视、理解还是不理解,主动还是被动,所有人都会和Internet发生关系,只不过时间有早有晚只不过或者驾驭它,或者被它驾驭.但最终谁也跳不过,com,因为大家心里都清楚.这是一个所谓"新经济"到来的时代.谁也不想承担落伍的危险.     

在青岛,遇见Mr.树

新城·香溢紫郡二期新品Mr.树即将上市,建面约90—110平方米全阳光三房,献给不断向上的家。人的一生会遇见很多人,有种人,遇到就会很幸福。他是一位温文尔雅、勤奋向上的男士;他或许不帅。但讲究品位;他踏实可靠,随叫随到;他很少叹气,积极面对人生;他许多方面都很厉害,让人崇拜;他乐观努力。是公司骨干,也是孩子眼里的英雄……现而今。拥有一切美好素质的"他"来到青岛。世博园旁。金水河畔——Mr.树。惊艳了时光,温柔了岁月。     

Bilateral capital flows and the exchange rate: The case of the U.S.A. vis-à-vis Canada,France, West Germany and the U.K.

After a preliminary test (with generally negative results) of the interest parity assumption, an eclectic portfolio adjustment approach, which determines an exchange pressures variable (under a régime of a managed float) is constructed, for bilateral comparisons between the United States and its major trading partners taken individually. This approach to bilateral capital flows and managed exchange rate determination appears to function reasonably well, as judged by the empirical results. Interestingly, factors specific to individual exchange markets appear to play important roles in explaining bilateral capital flows and cross exchange rates, which would not occur in a Walrasian world, with global market clearing.     

No, Thanks.I’llTake theStairs

When a massive blackout hit New York in 2003, then 35-year-old Jamie Leone had no choice but to takethestairstoher28th-floorapart- ment . The next day, the elevators came back tolif,ebut Leone opted to keep on climbing-andstildloes,even though “my neighb…