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An Introduction to Post-Keynesian and Marxian Theories of Value and Price

An Introduction to Post-Keynesian and Marxian Theories of Value and Price

Paperback

Series: Routledge Library Editions: The History of Economic Thought

Economics

ISBN10: 1138292044
ISBN13: 9781138292048
Publisher: Routledge
Published: Jul 16 2018
Pages: 226
Weight: 0.59
Height: 0.48 Width: 5.50 Depth: 8.50
Language: English

Peter M. Lichtenstein believes that any social-economic theory of capitalism must begin with a theory of value and price. Dismissing the neoclassical school, he turns to post-Keynesian and Marxian economics with their coherent and consistent theories of value and price based on concrete objective circumstances. The development of these theories in the author's aim because he believes that this approach comes much closer than neoclassical theory to capturing the essence of a capitalism economy.

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Economics