1st Edition

The Theory of Value and Distribution in Economics Discussions between Pierangelo Garegnani and Paul Samuelson

160 Pages 3 B/W Illustrations
by Routledge

160 Pages 3 B/W Illustrations
by Routledge

144 Pages
by Routledge

This new volume explores two alternative economic theories – the classical theory and the marginalist or neoclassical theory- through a discussion between two eminent economists, Pierangelo Garegnani and Paul Samuelson. The key themes of the volume are the difference in approaches to the explanation of the distribution of income and relative prices, and therefore different approaches to all... Read more

I. Introduction Heinz Kurz  2. Sraffa's Hits and Misses P.A. Samuelson  3. Professor Samuelson on Sraffa and the Classical Economists P. Garegnani  4. Classical and Neoclassical Harmonies and Dissonances P.A. Samuelson. 5.Samuelson's Misses; A Rejoinder P. Garegnani  6. Index

Biography

Heinz D. Kurz is Professor of Economics at the University of Graz, Austria