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Marx and modern economics

By: Material type: TextTextPublication details: New York; Modern Reader Paperbacks; 1968Description: 380 p. : illSubject(s): DDC classification:
  • 335.4 MAR
Summary: The strength and vitality of the Marxist system has, since the "Keynesian revolution" in economic theory, been in creasingly recognized among orthodox economists. In the heyday of neo-classical economics, Marx was generally treated in academic circles with contemptuous silence, broken only by an occasional mocking footnote. But in recent decades the role of Marx in two essential areas of economic thinking, macro-analysis and dynamic analysis, have become clearer to the orthodox schools. The distinguished contributors to this volume, including Maurice Dobb, Oskar Lange. Wassily Leontief, Joan Robinson, S. Tsuru, Peul Baran, and Paul Sweezy, ad dress themselves in various ways to the confrontation between Marx and modern economics. The fifteen sub stantial essays included in this volume are indispensable for relating modern economics to the Marxist and classi cal traditions, and for correlating and differentiating these approaches to economic problems.
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The strength and vitality of the Marxist system has, since the "Keynesian revolution" in economic theory, been in creasingly recognized among orthodox economists. In the heyday of neo-classical economics, Marx was generally treated in academic circles with contemptuous silence, broken only by an occasional mocking footnote. But in recent decades the role of Marx in two essential areas of economic thinking, macro-analysis and dynamic analysis, have become clearer to the orthodox schools.

The distinguished contributors to this volume, including Maurice Dobb, Oskar Lange. Wassily Leontief, Joan Robinson, S. Tsuru, Peul Baran, and Paul Sweezy, ad dress themselves in various ways to the confrontation between Marx and modern economics. The fifteen sub stantial essays included in this volume are indispensable for relating modern economics to the Marxist and classi cal traditions, and for correlating and differentiating these approaches to economic problems.

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