Keynes, Sraffa et l’économie classique : le problème de la mesure de la valeur

The author traces the various stages in the development of a viable measure of the net product. Beginning with Petty's seminal exposition of the problem, the paper then analyzes the Physiocratic fixed-price composite-commodity measure, the Smith-Keynes 'labour command' approach, and the Ricardo-Sraffa 'standard commodity' method of defining the net product. Although being the most accurate of the various techniques, the author concludes that Sraffa's method did not solve all the measurement problems raised by the classical economists

Salaire minimum, emploi et productivité dans une perspective post-keynésienne

L’objectif de cet article est de présenter un cadre analytique d’inspiration post-keynésienne pour évaluer l’impact du salaire minimum sur l’emploi. Après un bref aperçu de la théorie macroéconomique post-keynésienne du marché du travail, nous examinons les effets indirects que les changements du salaire minimum peuvent avoir sur l’emploi par l’entremise de leur impact sur la productivité. Dans la conclusion, nous nous penchons brièvement sur le lien empirique salaire-emploi-productivité en utilisant des données canadiennes touchant la période 1961-88.The purpose of this article is to provide a post-keynesian analytical framework for evaluating the impact of minimum wages on employment. After describing briefly the post-keynesian macroeconomic theory of the labour market, emphasis is then placed on the critical second-round productivity effects that changes in minimum wages can have on employment. A short empirical assessment of the wage-employment-productivity link, using Canadian observations for the period 1961-88, is undertaken in the concluding section of the article

The Applicability of Co-Operative Federalism: Lessons Learned from the Assisted Human Reproduction Act

The Assisted Human Reproduction Act (AHRA) is a piece of federal legislation that was passed in 2004. The province of Quebec issued a reference question regarding the constitutionality of the federal legislation and in 2010 the Supreme Court of Canada rendered its opinion. The result was a success for the provinces because the Supreme Court’s verdict severely limited the scope of the federal legislation. In addition to clarifying the limits of the federal government’s criminal law power, the saga of the AHRA also helps illustrate the integral role the concept of co-operative federalism plays in modern Canadian inter-governmental relations. The nature and extent of the role played by co-operative federalism will be determined through an examination of 1) the history of co-operative federalism in Canada; 2) a discussion concerning co-operative federalism as a concept; 3) an examination of competitive federalism, the central opposing theory to co-operative federalism; 4) the development and implementation of the Assisted Human Reproduction Act; 5) the events that occurred prior to, during, and after the Supreme Court ruling in 2010, and critical commentary on that decision; and 6) the potential implications that the Supreme Court opinion may have on future federalism disputes in Canada

Salaire minimum, emploi et productivité dans une perspective post-keynésienne

The purpose of this article is to provide a post-keynesian analytical framework for evaluating the impact of minimum wages on employment. After describing briefly the post-keynesian macroeconomic theory of the labour market, emphasis is then placed on the critical second-round productivity effects that changes in minimum wages can have on employment. A short empirical assessment of the wage-employment-productivity link, using Canadian observations for the period 1961-88, is undertaken in the concluding section of the article. L’objectif de cet article est de présenter un cadre analytique d’inspiration post-keynésienne pour évaluer l’impact du salaire minimum sur l’emploi. Après un bref aperçu de la théorie macroéconomique post-keynésienne du marché du travail, nous examinons les effets indirects que les changements du salaire minimum peuvent avoir sur l’emploi par l’entremise de leur impact sur la productivité. Dans la conclusion, nous nous penchons brièvement sur le lien empirique salaire-emploi-productivité en utilisant des données canadiennes touchant la période 1961-88.

Keynes, Sraffa et l’économie classique : le problème de la mesure de la valeur

The author traces the various stages in the development of a viable measure of the net product. Beginning with Petty's seminal exposition of the problem, the paper then analyzes the Physiocratic fixed-price composite-commodity measure, the Smith-Keynes 'labour command' approach, and the Ricardo-Sraffa 'standard commodity' method of defining the net product. Although being the most accurate of the various techniques, the author concludes that Sraffa's method did not solve all the measurement problems raised by the classical economists.