Vassar Scholarship

During his lifetime, Eric made many photographs of the region where he lived. Some of them have appeared in print; others have not. In 2019, Vassar’s Archives and Special Collections Library acquired a collection of twenty-eight of Eric’s Hudson Valley...

A Kaleckian model, featuring the complementarity of the public and private sectors and administered pricing of public-sector products, is developed to examine the impact of public enterprises on income distribution between the state, capital, and labor. Public-sector mark-up and relative...

This paper argues that, in economies heavily dependent on imported inputs, the responsiveness of price and output to cost and demand factors are altered by foreign exchange bottlenecks if the government resorts to nonmarket allocation of import licenses. A model...

Francois Quesney's Tableau is reformulated as a two-sector linear system. Stationary state interclass exchanges are described by a sequential accounting Tableau of real and monetary holdings of each class at each step of the circulation process. A diagrammatic framework is...

A crypt is a haunted underground burial chamber where in the secret, something very important is kept (mostly dead bodies and "their" treasures). Certainly no <em>one </em>comes out of the crypt once they have entered. But precisely what secret is...