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

1st Edition

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

By Peter M. Lichtenstein Copyright 1983
226 Pages
by Routledge

226 Pages
by Routledge

226 Pages
by Routledge
Also available as eBook on:
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... Read more

Preface;  Part One: Competing Traditions;  1. A Methodological Introduction  2. The Post-Keynesian/Marxian Alternatives;  Part Two: Two Value Traditions;  3. The Objective Theory of Value  4. The Subjective Theory of Value;  Part Three: An Organising Principle: The Economic Surplus;  5. The Economic Surplus Historically Considered  6. Contemporary Surplus Concepts;  Part Four: Post-Keynesian Theories of Value and Price;  7. The Post-Keynesian (neo-Ricardian) Theory of Value and Price  8. Wages, Profits, and Prices  9. The Ricardian Value Problem: The Invariable Measure  10. Extensions of the Basic Model;  Part Five: Marxian Theories of Value and Price;  11. Marx’s Theory of Value and Price: An Overview  12. From Values to Prices;  Part Six: An Overview and Comparison;  13. Marxian vs. Post-Keynesian (neo-Ricardian) Price Theory: An Overview;  Recommended Readings;  Notes

Biography

Peter M. Lichtenstein

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