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Economics: Marxian Versus Neoclassical By Richard D. Wolff Stephen A. Resnick,

  • Title: Economics: Marxian Versus Neoclassical
  • Author: Richard D. Wolff Stephen A. Resnick
  • ISBN: 9780801834806
  • Page: 462
  • Format: Paperback
  • Will be shipped from US Used books may not include companion materials, may have some shelf wear, may contain highlighting notes, may not include CDs or access codes 100% money back guarantee.
    Economics Marxian Versus Neoclassical Will be shipped from US Used books may not include companion materials may have some shelf wear may contain highlighting notes may not include CDs or access codes % money back guarantee

    One thought on “Economics: Marxian Versus Neoclassical”

    1. I would imagine that Richard Wolff and Stephen Resnick s contrast and comparison of Marxian and neoclassical economics would be highly instructive for the students of mainstream neoclassical economics for whom it is written It serves as a solid if somewhat oversimplified introduction to Marxian economics and does a good job of pointing up the major theoretical and practical differences between the two theories However, I was in precisely the opposite position from this book s intended reader I h [...]

    2. I don t know how much I buy that the Marginalist tradition came out of humanist traditions of liberal individualism Walras and Marshall were socialists and neoclassical theory is presented as a pretty value free analysis of equilibrium states and Keynes was not a structuralist, but this is a good introduction to Resnick and Wolff s SSSI interpretation of Marxism and includes some neat capital circuit diagrams of different capitalists such as moneylenders M M and the merchant retail class M C M M [...]

    3. During the Cold War there was a notion among some Soviets that for one to learn about the US it was okay to read Pravda, but to learn the truth about their own country it was necessary to read the international press The reasoning, so it goes, is that countries can tell the truth about others but have a hard time telling the truth about themselves.I felt a similar principle at work while reading this book Perhaps the best way to learn about capitalism is by reading what the critics say Nowhere e [...]

    4. This was a disappointment The authors present a rather peculiar interpretation of Marx, and compare this to the marginalist paradigm It seemed like a 250 page straw man.

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