Marxian Economics Reading Group

MERG is a reading group in Marxian political economy and related approaches to economic analysis. We work through foundational texts and contemporary research, examining their questions, methods, and implications for understanding economic processes.

Autumn 2026

Multisector models: equilibrium, dynamics, stability, and structural change

Session 1

The von Neumann growth model and its generalization

When

2–4:30 p.m. (Beijing time)
Where
明国0206
Presenter
Haoxin Fan (范昊鑫)

Readings

  1. von Neumann, John (1945). A Model of General Economic Equilibrium. The Review of Economic Studies. 13(1): 1–9. DOI.

  2. Kemeny, John G. and Morgenstern, Oskar and Thompson, Gerald L. (1956). A Generalization of the von Neumann Model of an Expanding Economy. Econometrica. 24(2): 115–135. DOI.

Topics by term

TermTopicFormat
Autumn 2026Multisector models: equilibrium, dynamics, stability, and structural changePDF
Spring 2026Aggregate Production Function—
Autumn 2025The circuit of capital, accumulation, and crisisPDF
Spring 2025Marx-biased technical changePDF
Autumn 2024The political economy of national accountsPDF
Spring 2024Monopoly capitalPDF