Contending Economic Theories : Neoclassical, Keynesian, and Marxian Cover Image

Book

Contending Economic Theories : Neoclassical, Keynesian, and Marxian / Richard D. Wolff and Stephen A. Resnick.

Wolff, Richard D. (Author). Resnick, Stephen A. (Added Author). Wolff, Richard D. Economics. (Added Author).

Summary:

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.

Record details

ISBN: 9780262018005 (hbk. : alk. paper)
ISBN: 9780262517836 (pbk. : alk. paper)
Physical Description: xvii, 406 p. : ill. ; 24 cm.
Publisher: Cambridge, Mass. : MIT Press, c2012.

Content descriptions

General Note:	Rev. ed. of: Economics : Marxian versus neoclassical. Baltimore : Johns Hopkins University Press, c1987.
Bibliography, etc. Note:	Includes bibliographical references and index.
Formatted Contents Note:	Three different theories -- Neoclassical theory -- Keynesian theory -- Marxian theory -- Late neoclassical theory -- Oscillations: in capitalism and among economic theories -- The importance of theoretical differences.