Toby Walters is a financial writer, investor, and lifelong learner. He has a passion for analyzing economic and financial data and sharing it with others. An autonomous expenditure describes the ...

Cambridge Journal of Economics, Vol. 39, No. 5 (September 2015), pp. 1351-1371 (21 pages) This article presents a basic Kaleckian model, enriched by the simultaneous addition of an Harrodian ...

We construct a multiagent system (MAS) model of cyclical growth in which aggregate fluctuations result from variations in activity at the firm level. The latter, in turn, result from changes in ...

It's tough enough for a small business to survive in a down economy, to say nothing of achieving hoped-for growth by opening additional locations, expanding a product line or targeting new markets.