Economic Theories in a Non-Walrasian Tradition

Description

This book covers a broad range of topics in the history of economics that have relevance to current economic theories. The author believes that one of the tasks for a historian of economics is to analyze and interpret theories currently outside the mainstream of economic theory, in this case non-Walrasian economics. By doing so, he argues, new directions and new areas for research can be developed that will extend the current theories. Familiar topics covered include: the division of labor, economies of scale, wages, profit, international trade, market mechanisms, and money. These are considered in the light of the well-known non-Walrasian schools of thought: the classical, Marxian, Austrian, and Cambridge schools.

' ... a most impressive display of economic theory at its best.' History of Political Economy 'As a contribution to contemporary economic theory the volume is extremely successful; virtually every chapter contains something of interest.' Journal of Economic Literature