Contending Economic Theories : Neoclassical, Keynesian, and Marxian, Paperbac...

by Richard D. Wolff

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Contending Economic Theories : Neoclassical, Keynesian, and Marxian, Paperback by Wolff, Richard D.; Resnick, Stephen A., ISBN 0262517833, ISBN-13 9780262517836, Like New Used, Free shipping in the US A systematic comparison of the three major economic theories, showing how they differ and why these differences matter in shaping economic theory and practice. Contending Economic Theories offers a unique comparative treatment of the three main theories in economics as it is taught today: neoclassical, Keynesian, and Marxian. Each is developed and discussed in its own chapter, yet also differentiated from and compared to the other two theories. The authors identify each theory's starting point, its goals and foci, and its internal logic. They connect their comparative theory analysis to the larger policy issues that divide the rival camps of theorists around such central issues as the role government should play in the economy and the class structure of production, stressing the different analytical, policy, and social decisions that flow from each theory's conceptualization of economics. The authors, building on their earlier book Economics: Marxian versus Neoclassical, offer an expanded treatment of Keynesian economics and a comprehensive introduction to Marxian economics, including its class analysis of society. Beyond providing a systematic explanation of the logic and structure of standard neoclassical theory, they analyze recent extensions and developments of that theory a

• Publisher: MIT Press
• Year: 2012
• ISBN: 9780262517836
• Condition: Fine

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