The Theory of Value and Distribution in Economics

Discussions between Pierangelo Garegnani and Paul Samuelson

Business & Finance, Economics, Economic History
Cover of the book The Theory of Value and Distribution in Economics by Pierangelo Garegnani, Paul Samuelson, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Pierangelo Garegnani, Paul Samuelson ISBN: 9781136244803
Publisher: Taylor and Francis Publication: August 21, 2012
Imprint: Routledge Language: English
Author: Pierangelo Garegnani, Paul Samuelson
ISBN: 9781136244803
Publisher: Taylor and Francis
Publication: August 21, 2012
Imprint: Routledge
Language: English

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 other economic problems, in particular capital accumulation and economic growth. The book discusses whether there is a ‘classical’ approach to the theory of value and distribution at the core of economic theory that is fundamentally different from the later marginalist or neoclassical theory. In the volume, the late Pierangelo Garegnani argues for the validity of Piero Sraffa’s position on this issue, whilst the late noble laureate Paul Samuelson vehemently contests it.

At a time of economic crisis, the future of the discipline is far from certain, and so it is extremely important to bring these debates back into the light, by reproducing them together for the first time. A comprehensive introduction by Heinz Kurz sets the debate in this context, and provides crucial background to the arguments.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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 other economic problems, in particular capital accumulation and economic growth. The book discusses whether there is a ‘classical’ approach to the theory of value and distribution at the core of economic theory that is fundamentally different from the later marginalist or neoclassical theory. In the volume, the late Pierangelo Garegnani argues for the validity of Piero Sraffa’s position on this issue, whilst the late noble laureate Paul Samuelson vehemently contests it.

At a time of economic crisis, the future of the discipline is far from certain, and so it is extremely important to bring these debates back into the light, by reproducing them together for the first time. A comprehensive introduction by Heinz Kurz sets the debate in this context, and provides crucial background to the arguments.

More books from Taylor and Francis

Cover of the book Autopornography by Pierangelo Garegnani, Paul Samuelson
Cover of the book Policing and Crime Control in Post-apartheid South Africa by Pierangelo Garegnani, Paul Samuelson
Cover of the book Foreign Direct Investment and the Regional Economy by Pierangelo Garegnani, Paul Samuelson
Cover of the book Philosophy of Education by Pierangelo Garegnani, Paul Samuelson
Cover of the book The Birth of Nobility by Pierangelo Garegnani, Paul Samuelson
Cover of the book Family Solutions for Youth at Risk by Pierangelo Garegnani, Paul Samuelson
Cover of the book A Vision for London, 1889-1914 by Pierangelo Garegnani, Paul Samuelson
Cover of the book Screenwriting for Profit by Pierangelo Garegnani, Paul Samuelson
Cover of the book Chinese Literature for the 1980s by Pierangelo Garegnani, Paul Samuelson
Cover of the book Habermas: The Key Concepts by Pierangelo Garegnani, Paul Samuelson
Cover of the book Special Education Leadership by Pierangelo Garegnani, Paul Samuelson
Cover of the book Stanley Cavell, Literature, and Film by Pierangelo Garegnani, Paul Samuelson
Cover of the book Teaching Music History by Pierangelo Garegnani, Paul Samuelson
Cover of the book Institutional Barriers to Economic Development by Pierangelo Garegnani, Paul Samuelson
Cover of the book Research Design by Pierangelo Garegnani, Paul Samuelson
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy