Why economists disagree : the political economy of economics
Author(s)
Bibliographic Information
Why economists disagree : the political economy of economics
Longman, 1991
2nd ed
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Note
Includes bibliographical references and index
Description and Table of Contents
Description
In this revised and updated edition, the authors argue that there are several theoretical perspectives, each offering a plausible logical explanation to economic phenomena. The three theories discussed are: subjective preference theory; cost-of-production theory; and abstract labour theory. The theories are subject to non-mathematical analysis, and the authors show the links between economic theory and political practice for each. The book aims to provide a broad understanding of a wide range of economic theory and new material has been added, including the economic experiences of Chile and the global economic situation. Flow diagrams illustrate the text, and notes on further reading give additional guidance.
Table of Contents
- Towards a political economy of economics
- conflict and the emergence of capitalism - from mercantilism to Adam Smith
- freedom is the market - the subjective preference theory of value
- subjective preference theory policy - a framework for liberty
- capitalists, landlords and stagnation - David Ricardo
- technology rules - the cost-of-production thoery of vaue
- social engineering - the politics of cost-of-production
- class struggle - the abstract labour theory of value
- state power - policy and abstract labour theory
- political practice and economic theory - world views
- political practice and ecnomic theory - Chile.
by "Nielsen BookData"
