IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/43725.html
   My bibliography  Save this paper

Geometrical exposition of structural axiomatic economics (II): qualitative and temporal aggregation

Author

Listed:
  • Kakarot-Handtke, Egmont

Abstract

Behavioral assumptions are not solid enough to be eligible as first principles of theoretical economics. Hence all endeavors to lay the formal foundation on a new site and at a deeper level actually need no further vindication. Part (I) of the structural axiomatic analysis submits three nonbehavioral axioms as groundwork and applies them to the simplest possible case of the pure consumption economy. The geometrical analysis makes the interrelations between income, profit and employment under the conditions of market clearing and budget balancing immediately evident. Part (II) applies the differentiated axiom set to the analysis of qualitative and temporal aggregation.

Suggested Citation

  • Kakarot-Handtke, Egmont, 2011. "Geometrical exposition of structural axiomatic economics (II): qualitative and temporal aggregation," MPRA Paper 43725, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:43725
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/43725/1/MPRA_paper_43725.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. L. A. Boland, 1978. "Time in Economics vs. Economics in Time: The 'Hayek Problem.'," Canadian Journal of Economics, Canadian Economics Association, vol. 11(2), pages 240-262, May.
    2. Kakarot-Handtke, Egmont, 2011. "The pure logic of value, profit, interest," MPRA Paper 30853, University Library of Munich, Germany.
    3. Chick, Victoria & Dow, Sheila C, 2001. "Formalism, Logic and Reality: A Keynesian Analysis," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 25(6), pages 705-721, November.
    4. Philip Mirowski & D. Wade Hands, 2006. "Introduction to Agreement on Demand: Consumer Theory in the Twentieth Century," History of Political Economy, Duke University Press, vol. 38(5), pages 1-6, Supplemen.
    5. Philip MIROWSKI, 1989. "The Rise and Fall of the Concept of Equilibrium in Economic Analysis," Discussion Papers (REL - Recherches Economiques de Louvain) 1989046, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    6. Philip Mirowski, 1981. "Is There a Mathematical Neoinstitutional Economics?," Journal of Economic Issues, Taylor & Francis Journals, vol. 15(3), pages 593-613, September.
    7. Warren J. Samuels, 1997. "On the Nature and Utility of the Concept of Equilibrium," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 20(1), pages 77-88, September.
    8. Alan Kirman, 2006. "Demand Theory and General Equilibrium: From Explanation to Introspection, a Journey down the Wrong Road," History of Political Economy, Duke University Press, vol. 38(5), pages 246-280, Supplemen.
    9. Vilks, Arnis, 1992. "A Set of Axioms for Neoclassical Economics and the Methodological Status of the Equilibrium Concept," Economics and Philosophy, Cambridge University Press, vol. 8(1), pages 51-82, April.
    10. Philip Mirowski, 2006. "Twelve Theses concerning the History of Postwar Neoclassical Price Theory," History of Political Economy, Duke University Press, vol. 38(5), pages 343-379, Supplemen.
    11. Kakarot-Handtke, Egmont, 2012. "Geometrical exposition of structural axiomatic economics (I): Fundamentals," MPRA Paper 43269, University Library of Munich, Germany.
    12. Kakarot-Handtke, Egmont, 2011. "Primary and secondary markets," MPRA Paper 32996, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kakarot-Handtke, Egmont, 2011. "Qualitative and temporal aggregation," MPRA Paper 33345, University Library of Munich, Germany.
    2. Kakarot-Handtke, Egmont, 2013. "Understanding Profit and the Markets: The Canonical Model," MPRA Paper 48691, University Library of Munich, Germany.
    3. Kakarot-Handtke, Egmont, 2013. "Walras’s law of markets as special case of the general Triangle Theorem: a laconic proof," MPRA Paper 44547, University Library of Munich, Germany.
    4. Kirtchik, Olessia & Boldyrev, Ivan, 2024. "“Rise And Fall” Of The Walrasian Program In Economics: A Social And Intellectual Dynamics Of The General Equilibrium Theory," Journal of the History of Economic Thought, Cambridge University Press, vol. 46(1), pages 1-26, March.
    5. Kakarot-Handtke, Egmont, 2010. "Axiomatic Basics of e-Economics," MPRA Paper 24331, University Library of Munich, Germany.
    6. Egmont Kakarot-Handtke, 2013. "The Emergence of Profit and Interest in the Monetary Circuit," World Economic Review, World Economics Association, vol. 2013(2), pages 106-106, February.
    7. D. Wade Hands, 2012. "The Rise and Fall of Walrasian Microeconomics: The Keynesian Effect," Chapters, in: Microfoundations Reconsidered, chapter 3, Edward Elgar Publishing.
    8. Kakarot-Handtke, Egmont, 2012. "The rhetoric of failure: a hyper-dialog about method in economics and how to get things going," MPRA Paper 43276, University Library of Munich, Germany.
    9. Kakarot-Handtke, Egmont, 2011. "Properties of an economy without human beings," MPRA Paper 31497, University Library of Munich, Germany.
    10. Kakarot-Handtke, Egmont, 2011. "Squaring the investment cycle," MPRA Paper 32895, University Library of Munich, Germany.
    11. Kakarot-Handtke, Egmont, 2014. "Objective Principles of Economics," MPRA Paper 55031, University Library of Munich, Germany.
    12. Kakarot-Handtke, Egmont, 2012. "Make a bubble, take a free lunch, break a bank," MPRA Paper 42996, University Library of Munich, Germany.
    13. Kakarot-Handtke, Egmont, 2011. "Increasing returns and stability," MPRA Paper 33133, University Library of Munich, Germany.
    14. Kakarot-Handtke, Egmont, 2011. "The wine maker’s business and the logical origin of interest," MPRA Paper 33916, University Library of Munich, Germany.
    15. Kakarot-Handtke, Egmont, 2012. "Taxes, profits, and employment: a structural axiomatic analysis," MPRA Paper 43581, University Library of Munich, Germany.
    16. Kakarot-Handtke, Egmont, 2013. "Redemption and Depression," MPRA Paper 50924, University Library of Munich, Germany.
    17. Kakarot-Handtke, Egmont, 2012. "General formal foundations of the virtuous deficit–profit symmetry and the vicious debt deflation," MPRA Paper 42912, University Library of Munich, Germany.
    18. Phillips, Daphne, 2009. "The political economy of HIV," Documentos de Proyectos 3703, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    19. Kakarot-Handtke, Egmont, 2014. "The Logic of Value and the Value of Logic," MPRA Paper 53877, University Library of Munich, Germany.
    20. Ravenscroft, Sue & Williams, Paul F., 2009. "Making imaginary worlds real: The case of expensing employee stock options," Accounting, Organizations and Society, Elsevier, vol. 34(6-7), pages 770-786, August.

    More about this item

    Keywords

    new framework of concepts; structure-centric; axiom set; supersymmetry; general equilibrium; dimensionless variables; income; profit; distributed profit; retained profit; full employment;
    All these keywords.

    JEL classification:

    • E00 - Macroeconomics and Monetary Economics - - General - - - General
    • D00 - Microeconomics - - General - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:43725. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.