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Sismondi et la théorie du déséquilibre macro-économique

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  • Alain Parguez

Abstract

[fre] Sismondi et la théorie du déséquilibre macro-économique . . II est prouvé dans cet article que Sismondi opère une véritable révolution théorique, au sens de Morishima. Dans une première section, est présentée la vision sismondienne du modèle d'équilibre ricardien ; Ricardo veut prouver qu'en cherchant à maximiser leur taux de profit, les capitalistes réalisent l'état naturel car ils vérifient toujours le théorème de Say. Il est établi dans une seconde section que Sismondi ruine la cohérence du modèle ricardien en démontrant qu'en général le système est en état de déséquilibre macro-économique, ce qui infirme le théorème de Say. Cette preuve est fondée sur l'introduction du temps concret dans l'analyse et, surtout, sur l'exclusion de l'axiome ricardien d'information parfaite. Les conséquences de la révolution sont présentées dans une troisième section. En présentant le premier traitement théorique de l'information, Sismondi préfigure la révolution keynésienne qui redécouvre le problème. [eng] Sismondi and macro-disequilibrium theory . . Sismondi brought about a true revolution in economic theory by Morishima's standard. A first section deals with Sismondi's interpretation of ricardian equilibrium theory ; Ricardo intends to prove rate of profit maximising capitalisas always verify Say's theorem and so are able to maintain the System in natural state. In a second section it is proved that Sismondi ruins the logical consistency of ricardian model ; in sismondian model the system is always in a state of macro-disequilibrium, which invalidates Say's theorem. The proof is deduced from the introduction of a one period lag between income distribution and consumption and over ail, front the exclusion of ricardian axiom of perfect information. The implications of the revolution are given in a third section. Sismondi presents the first theoretical treatment of information ; the problem was rediscovered by Keynes in the course of his revolution against neo-classical economies.

Suggested Citation

  • Alain Parguez, 1973. "Sismondi et la théorie du déséquilibre macro-économique," Revue Économique, Programme National Persée, vol. 24(5), pages 837-866.
    • Handle: RePEc:prs:reveco:reco_0035-2764_1973_num_24_5_408113
    DOI: 10.3406/reco.1973.408113
    Note: DOI:10.3406/reco.1973.408113
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    References listed on IDEAS

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    1. Luigi L. Pasinetti, 1960. "A Mathematical Formulation of the Ricardian System," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 27(2), pages 78-98.
    2. Thomas Sowell, 1972. "Sismondi: A Neglected Pioneer," History of Political Economy, Duke University Press, vol. 4(1), pages 62-88, Spring.
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