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Publication . Article . 2008

MAURICE POTRON'S LINEAR ECONOMIC MODEL: A DE FACTO PROOF OF ‘FUNDAMENTAL MARXIAN THEOREM’

Kenji Mori;
Closed Access
Published: 01 Jul 2008 Journal: Metroeconomica, volume 59, pages 511-529 (issn: 0026-1386, eissn: 1467-999X, Copyright policy )
Publisher: Wiley
Abstract
Maurice Potron was a French mathematician whose largely unknown contributions to economic analysis should be acknowledged as pioneering achievements. The purpose of this paper is to (1) reconstruct Potron's core model in terms of modern input–output analysis, (2) show that Potron proved de facto Fundamental Marxian Theorem (FMT) 48 years earlier than Morishima, Seton and Okishio by adapting the Perron–Frobenius theorems to economic problems, and (3) claim that Potron proved de facto FMT by considering heterogeneous labours 65 years earlier and even more generally than Bowles and Gintis.
Subjects by Vocabulary

Microsoft Academic Graph classification: Economic analysis Core model Economic problem Mathematical economics De facto Economic model Economics

Subjects

Economics and Econometrics

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