I. Introduction, 32.—II. A post-Keynesian model, 32.—III. The pre-Keynesian argument, 35.—IV. Switching the models, 36.—V. A nonexistence theorem, 38.

Samuelson's factor-price theorem has been elaborated to admit of reversals of factor-intensities, 202. — Actual industries in actual countries are not on the same production function, 203. — Production functions are assumed to be iso-elastic, 204. — The search for a production function in actual data is bound to be in vain, 204. — In the course of the search, however, much interesting information has been turned up, 205.

I. Supply and demand, 1; interest, lending and saving, 3; a static state, 4; the meaning of equilibrium, 6. — II. Wages and profits, 6; normal prices, 7; the rate of profit, 10; the rate of growth, 12; unsteady growth, 15. — III. A model for the future, 16; the small business, 17; the large firms, 18. — Conclusion, 19.

Two notions often lumped together, 104.— The idea of normal profits, 106.— Not connected with perfect competition, 107.— Two levels of normal profits, 108.— Conditions necessary for perfect competition: the character of the market, 112; the number of firms selling in the market, 114.— The assumption that the output of other firms remains unchanged, 117.— Conclusion, 119.

Time pattern and output per head, 579. — Forward and backward switching of techniques, 580. — Capital and output, 580. — Capital value and switching, 581. — Diagrams, 582. — Input-output relations, 585. — Conclusion, 591.

Journal Article Beswitching: Reply Get access Joan Robinson Joan Robinson Cambridge University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 89, Issue 1, February 1975, Pages 53–55, https://doi.org/10.2307/1881710 Published: 01 February 1975