An Essay on the Philosophy and Psychodynamics of Income Distribution

1992 ◽  
Author(s):  
W. J. Samuels
Keyword(s):  
Economic Theory ◽  
Income Distribution ◽  
Driving Force ◽  
Role Of Government ◽  
Economic Role ◽  
Control Distribution ◽  
Present Essay

This essay considers certain fundamental aspects of the philosophy and psychodynamics of distribution and how they have entered economic theory. It treats, first, considerations of distribution as a driving force in the economy; second, the forces and considerations which have governed the treatment of distribution in economic theory; and, third, distribution as an artifact in relation to the economic role of government and the use of government to control distribution. The present essay is a sequel to Samuels (1981, 1982, 1983) and Samuels and Kelsey (1991).

scholarly journals Znaczenie efektu Cantillona w teorii ekonomii

Ekonomia ◽  
2016 ◽  
Vol 22 (3) ◽  
pp. 9-25
Author(s):  
Arkadiusz Sieroń
Keyword(s):  
Economic Theory ◽  
Income Distribution ◽  
Business Cycle ◽  
Public Choice ◽  
Empirical Data ◽  
Central Banking ◽  
Price Bubbles ◽  
Wealth Inequalities

The Role of Cantillon Effect in EconomicsThe aim of this article is to examine the role of the Cantillon effect in economics. The literature of economic theory lacks the detailed discussion of the implications of the first-round effect for economics. This paper attempts to fill this gap. The article is mainly theoretical, but considerations presented are illustrated by relevant empirical data. Based on the analysis, the author concludes that the effect of Cantillon develops particularly the theory of money and inflation, the theory of banking and central banking, the theory of business cycle and price bubbles, the theory of income distribution and income and wealth inequalities, and the theory of public choice.

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