The present column discusses the SDAP-report Het socialisatie-vraagstuk, which was published in 1920. The aim is to re-evaluate the made proposals. For this purpose other sources of that era have also been consulted, such as Problemen der socialisatie by J. van den Tempel. Criticism can be found in Het socialisatie-rapport der SDAP by Joh.J. Belinfante and in Socialisatie by A. Zeegers. F.M. Wibaut, one of the authors of the report, replies in Over de kritiek op het socialisatie-rapport .... Read more
02-09-2018: Socialism in the clutch of evolution
Author: E.A. Bakkum
In a previous column it is stated, that there are sound technical arguments in favour of the socialist system of production. Yet the practical experiences are rather disappointing, or at least not durable. Why is that so? The present column tries to answer that question, and consults several sociological sources. It concerns notably Économie et sociologie by François Cusin and Daniel Benamouzig. Besides Why nations fail by Daron Acemoglu and James Robinson analyzes completely in the tradition of the Historical School .... Read more
02-08-2018: Open economy with variable prices
Author: E.A. Bakkum
Since the beginning this portal has presented many models for calculations of the macroeconomic national dynamics. The present column addresses two themes, which were not yet discussed, namely the influence of the prices and the influence of the foreign trade. It is true that the price system has been explained by the theory of Sraffa, but she is hardly capable of modelling dynamical behaviour. The Dutch economist Jan Tinbergen has made several proposals to extend the Harrod-Domar model with a price effect. The inclusion of the foreign trade is essential for the modelling of a state, that disposes of an open economy .... Read more
15-06-2018: Multi-sector growth models with intertwined monetary matrix
Author: E.A. Bakkum
In a series of recent columns growth models from the book Mathematical models of economic growth by Jan Tinbergen have been described. It always concerns simple models, with one or two sectors. In the present column multi-sector models will be described, which moreover contain formulas for the exchange of production factors between sectors. Besides here each sector can produce investment- or capital-goods. Notably the model of Feldman and the fundamental model of the dynamic intertwined balance are discussed again .... Read more
09-06-2018: Two-sector growth models
Author: E.A. Bakkum
After the discussions of various types of one-sector models in the previous columns, the present column studies two-sector models. They originate again from the book Mathematical models of economic growth by Jan Tinbergen. These models allow to study the economic structure, just like the theory of Sraffa. Thus the path of balanced growth can be found. Moreover, the utilization of the production capacity can be optimized .... Read more